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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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6771923 No.6771923 [Reply] [Original]

With the rise of Chinese neo global hegemony and it's surefooted adoption as a super power pressure within the Chinese ranks of officials and regulators has led to more authoritative online monitoring and point system rankings designed to be a socialist improvement and a means of population control, an untried concept that has it's dangers typical of many regimes that have the capability to serve Beijings progressive interests. This sets a dangerous precedent that is now being targeted at the western dominated world of Cryptocurrency markets where a successful model of Crypto regulation would allow Beijing to exert global control in much the same way mass manufacturing became a monopolistic practice. A lack of early adoption and innovative ability in Cryptocurrencies has tipped the world scales in favor of a rampant vacuuming effect of traditional Chinese expectation of forecasted growth within their state run corporate expansionist campaigns throughout the world and this has caused un-yet realised embarrassment to their globalist agendas with many superstructure projects and high tech investment, and other important sectors being immediately impacted. This will lead to an immediate reaction within the high powered decision making processes that will graduate tensions between North Korea and the South China sea serving as proxies as the world escalates into saber rattling between major forces who have lost interest in an Economic war and the survival mode reaction of decades of long term planning and nationalistic fervor leads to a degradation of domestic pressures will only lead to the gradual collapse of world peace. The mitigating steps currently being considered to excessive non alignment in state set mandated standards include social booths intended to monitor rampant cryptocurrency spending placed in worldwide communities with observations being reported and acted on in blatant disregard for western human rights.

>> No.6771995

You have been warned.

>> No.6772183

I wonder how China will react to decentralization. It is poised to change our world forever, but I don't see the Communist party as willing to decentralize power and authority, at least as not quickly as others

>> No.6772203

>>6771923
i aint reading this shit, this aint reddt say it in two lines

>> No.6772360

>>6772183

It will happen.

>> No.6772507

>>6771923
look at chinese foreign policy first they arent making and friends

they should have hidden their agenda first and have the upper hand before openly antagonizing anybody, if they waited 10-20 years before making a move theyd actually make it, blame the chinese leadership for accelerating everything since xi cant lice forever. they could have had it all if they waited now theyre desperately playing military catch up

doesnt matter anyway youll know why in a couple of years

>> No.6772917

>>6772507
They don’t need to play military catch up, if they drive their economy forward like this. Once they get the middle class up and running, they will automatically be the dominant force on the globe, since the west simply can’t catch up in terms of numbers. You’re right about them fucking up the timing though. But with internal tensions rising, the leadership needed to play the nationalist/expansionist card to calm the populous. Nothing unites people more than foreign threats.

>> No.6773184

>>6772507
>doesnt matter anyway youll know why in a couple of years
what happens then

>> No.6773211

>>6772917
>Once they get the middle class up and running
then people will fight against their shitty government

>> No.6773300

>>6772360

Not before the Europeans, who are launching a decentralized banking network this year. If smart contracts can run on that network, companies world wide will adopt it in order to save billions of dollars.

As much as China manipulates it's currency, I don't see it decentralizing for a long time.

>> No.6773332

>>6773300
cryptos will never be widely used unless transaction fees are almost zero, it's instantaneous and there's a real easy way to use it with your phone

these things are the bottleneck

>> No.6773373

>>6773332
I'm not talking about cryptos, I'm talking about banks using decentralized networks to process large transactions in fiat currency. Real money

>> No.6773462

>>6773332
BCH

>> No.6773478
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6773478

>>6773373
>Real money