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50 sats \ 10 replies \ @Rothbardian_fanatic OP 28 Oct 2024 \ parent \ on: The New Strongmen bitcoin
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.
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.
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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.
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The coins are getting fewer, but the price of each coin is increasing.
So it works out, I think.
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You don’t know how it will work out. Will each BTC go to the stars?
If it gets too expensive, it will only be used by states with other states.
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Diamond hands to the moon.
Bitcoin is forever going to increase.
Saylor said each coin will be worth 13 million.
Imagine all the wealth I will be getting from SN!
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Don’t you get it yet?
13 million what’s?
If you are talking about worthless, hyperinflated dollars then that may be spitting in the wind.
You used to buy a loaf of bread for a dime, a silver dime.
That is what happened to the $US.
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1 sat will forever be a sat.
I see that you havent been listening to @DarthCoin.
Each one is precious!
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I don’t need to listen to him about this.
@DarthCoin is right, though.
It is the fiat that is wasting away!
Paying attention to fiat prices is a worthless waste of eyeball energy.