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68 sats \ 9 replies \ @Enemy_of_the_state 30 Aug \ on: Bitcoin in Europe: can accelerated debasement of money force adoption econ
Dollar, then Bitcoin.
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111 sats \ 8 replies \ @oomahq 30 Aug
The dollar shitcoin does not seem to hold onto value any better than the euro shitcoin. If anything, EUR has appreciated about 14% against the USD over the last 2 years.
https://finance.yahoo.com/quote/EURUSD%3DX/
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47 sats \ 1 reply \ @Bell_curve 31 Aug
Ooma like the Voip service?
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21 sats \ 0 replies \ @oomahq 31 Aug
No :')
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99 sats \ 5 replies \ @Enemy_of_the_state 30 Aug
If you zoom out it looks like ETH/BTC, lots of initial hype then just bouncing along the bottom.
https://m.stacker.news/49029
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0 sats \ 3 replies \ @oomahq 30 Aug
This chart says that both are turds falling from the sky.
There's no reason for Europeans to exchange their EUR for USD, nor for Americans to do the opposite. There are better options for both.
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33 sats \ 2 replies \ @Enemy_of_the_state 30 Aug
It depends…if you think the rate of debasement for the Eur won’t accelerate… The high skilled workers will flee from the migrant hordes, while de-industrialization is accelerating as well. Let’s see what the euro will buy 10 years from now 🤡
Of course the Europeans won’t be Europeans anymore, they will be a homeless diaspora, the ones that get out.
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47 sats \ 1 reply \ @oomahq 30 Aug
Of course I think the debasement of the EUR will accelerate. Just like the debasement of the USD.
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47 sats \ 0 replies \ @Enemy_of_the_state 30 Aug
My argument is, different rates…4 billion people with basket case fiat buying tether…USD collapse is last
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0 sats \ 0 replies \ @Enemy_of_the_state 30 Aug
https://m.stacker.news/49030
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