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25186093 No.25186093 [Reply] [Original]

While you all are pumped about bitcoin, the US dollar is about to be dethroned. US treasury officials in emergency calls with QTPie Powell. China is going to have the reserve currency and bitcoin won’t be allowed.

>> No.25186139

>>25186093
As an Eurofag your obsession for your shithole and your aversion for China to be "number 1" is really entertaining.

>> No.25186156

>>25186093
haha printer go brrrr

>> No.25186162

>>25186093
>and bitcoin won’t be allowed
why not? China is balls-deep in crypto at this point, they need the rest of the world wanting their bitcoin. If they dont let anyone have or use it, the value is erased

>> No.25186195

>>25186162
Why would China want competition for their digital currency. Bitcoin won’t be able to compete with masses. Chinese digital currency will work OFFLINE

>> No.25186265

>>25186195
Thats like saying why would they want their steel industry to compete with their gold industry. They're going to want both, lol. A BTC/CDC trading pair has more value than just a standalone digital currency... You're looking at this pretty small

>> No.25186315

>>25186265
China has gold reserves and encourages its citizens to buy gold. The reserves are gold not bitcoin.

>> No.25186477

>>25186315
holy shit it was an analogy. Why the fuck would china want to destroy the value of bitcoin, when they already hold 60% of it? How does that make sense? China doesn't destroy industries/assets, they dominate them. They are going to want the majority of bitcoin AND their own digital currency. Just like they want all the gold AND all the steel AND all the rare earth metals.

>> No.25186502

Pro China dollar article written by an asian. No date on article.

>> No.25186565

>>25186502
Listen to recent end game podcast with grant Williams and James Aitken. Treasury is terrified how fast China is rolling this out. Eventually it will be the only way to conduct commerce with China. Worlds largest energy importer not using dollars. Worlds largest energy exporter not using dollars. When the shale wells collapse and America needs to import oil again it’s over.

>> No.25186622

>>25186477
This

Why in the fuck would they want to destroy something they own the majority of?

>> No.25186650

>>25186622
Bitcoin market cap is tiny. A test net. Not needed anymore once DCEP is at scale.

>> No.25186765

US cbdc is coming rest assured. In fact be sure thst there is going to be a false flag at some point to implode fiat and then introduce cbdcs because we need to "fix the system guys" and suddenly they will do a 180. They wont use btc or gold though it will be a cbdc system to their advantage with added stuff to prevent a fuckup like the one of the past 70 years

>> No.25186790

>>25186765
They just started researching it. They are 4 years behind China minimum. China is rolling it out as we speak.

>> No.25186932

>>25186093
>bitcoin won’t be allowed.
welcome to game theory 101.

as much as china, us, euro, (insert rest here) all hate bitcoin, they hate each other even more and each see strategic ways bitcoin could hurt the other.

china sees enabling btc use as a way to detrone dollar globally not just within china

us sees btc as way to wipe out all other currencies wind up in tri-polar world of USD, EUR, and RMB only

rest of world sees bitcoin as way to fight USD / RMB...etc

guess who wins?

>> No.25187104

>>25186932
Bitcoin is too small to be strategic. Not really relevant on world stage.

>> No.25187162

>>25186765
What do you think about Algorand being the commercial element to that? Seems to be the most approved private option out there. Developed by a golden MIT boi like half the shit the US finally accepts

>> No.25187216

>>25187162
It’s going to be rolled out through Facebook. It’s the only way they can get it out fast enough.

>> No.25187230

usd is already an international cbdc it just needs an update.

>> No.25187274

people give too much credit to BTC. BTC never will play a major rule in the financial decisions and strategies. BTC is bunch of 0 and 1 which with very non-uniform distribution where whales keep a majority of dirt cheap BTCs from early days. No one would take serious BTC to build the new monetary system and such. Although, digital currencies backed by each country central bank is fathomable, but nothing more than that in a large scale.

>> No.25187343
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25187343

All empires come to an end. Just accept it, burger.

>> No.25187530

>>25187230
The fact that it has paper form means it’s not a cbdc

>> No.25187589

>>25186195
Backup plan

>> No.25187654
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25187654

Nobody wants to hold anything made by the CCP which is why the Yaun is used in less than 1% of global transaction and nobody is purchasing Chinese real estate...If they suspect your critical of the party than they'll take your assets...Not to mention that the problems the U.S has also effects china IE massive amounts of debt...

>> No.25187664

china is gay and communism doesn't work