pull down to refresh

The New Strongmenwww.zerohedge.com/geopolitical/new-strongmen
65 sats \ 16 comments \ @Rothbardian_fanatic 28 Oct 2024 bitcoin
As populations warmed to the ideas of digital scarcity; Bitcoin has risen. Playing the role of the fastest horse for sending sound money over our internet rails. With the momentum of the race shifting, nations are back to warring again. Leading to citizenry shouts of spooks and kooks against anyone attempting to triangulate their location and affiliation. At this juncture the board is set for players to make their move. A few critical questions should be asked. The answers will dictate the freedoms or draconian measures that follow.
Who are they and where are they coming from? Is BTC an escaped creature of government or a free creature?
write
preview
related posts
50 sats \ 15 replies \ @Satosora 28 Oct 2024
"This intelligent move placed the US at the helm of our global monetary system." Will the USA get ahead again? Right now, it looks like inflation is rampant and we are losing in lots of metrics.
reply
50 sats \ 14 replies \ @Rothbardian_fanatic OP 28 Oct 2024
I don’t think so, because the BRICS are moving to a gold and silver and commodities and crypto backed monetary system. It leaves out the dollar. If we have the majority of gold, silver and cryptos, then US comes out on top.
reply
50 sats \ 13 replies \ @Satosora 28 Oct 2024
Right. I heard Russia pulled back from their BRICS currency. Seems they dont trust china enough.
reply
50 sats \ 12 replies \ @Rothbardian_fanatic OP 28 Oct 2024
Maybe they don’t trust the banking system they were setting up. Russia wants to be on top, too. What put the US on the top of the heap was our economy in the late 1800s.
reply
50 sats \ 11 replies \ @Satosora 28 Oct 2024
If Russia is going to be building mining centers, they arent going to get on top. They will just be backing the USA inadvertently.
reply
50 sats \ 10 replies \ @Rothbardian_fanatic OP 28 Oct 2024
Why would you say that. The US has cut them out of the banking system and anything that uses dollars. That’s why BRICS is escaping dollars. Putin said it quite clearly.”They are using their reserve currency as a weapon.” A big mistake in my opinion.
reply
50 sats \ 9 replies \ @Satosora 28 Oct 2024
In the USA, there are a lot of bitcoin. I am not saying all, but a huge amount of it sits here. IF they build mining centers, they wont ever own the blockchain. They will only make it stronger. So I dont think it will help them in that regard. Im not saying getting on a bitcoin standard would be bad in any way.
reply
50 sats \ 8 replies \ @Rothbardian_fanatic OP 28 Oct 2024
I agree a BTC standard would be very workable. I don’t think that mining will help as much as we think. The coins as a reward for the mining are getting fewer and fewer, as designed.
view all 8 replies