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d_eddie
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July 19, 2023, 03:27:26 PM |
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if BRICS established a gold backed currency where you have to trust some country on holding the actual gold reserves in vaults, putting the Dollar on a more transparent Bitcoin standard would be an adequate response to keep the dominance as the world currency.
That dominance, I am afraid, is being eroded every day. I don't think a hard (or semi-hard) currency is going to happen in the US any time soon. |
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ChartBuddy
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July 19, 2023, 04:01:19 PM |
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OgNasty
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Leading Crypto Sports Betting & Casino Platform
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July 19, 2023, 04:09:07 PM |
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if BRICS established a gold backed currency where you have to trust some country on holding the actual gold reserves in vaults, putting the Dollar on a more transparent Bitcoin standard would be an adequate response to keep the dominance as the world currency.
That dominance, I am afraid, is being eroded every day. I don't think a hard (or semi-hard) currency is going to happen in the US any time soon. The world is getting to be very globalist and the clear goal is to remove the United States’ currency advantage. There’s nothing that can be done to stop it. The American way of life will continue to erode until the world is on a more level playing field. The loss of reserve currency status, sterilization of youth, & encouragement of mental illness will all play significant roles in destroying the American economy in order to accelerate the globalist agenda. |
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JayJuanGee
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Self-Custody is a right. Say no to "non-custodial"
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July 19, 2023, 04:18:01 PM Merited by fillippone (3) |
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I doubt that backing the USD is as difficult as you are suggesting it to be, and yeah of course, there are likely going to continue to be shenanigans as long as the dollar still exists, but if there is confidence that starts to build that the dollar has to be backed by something and that there has to be proof of reserves, then that at least justifies the US Treasury to build its bitcoin reserves in whatever ways that they are able to accomplish it.. and surely the dollar will not be able to hold its value very well if the market (or the people) become aware that there are merely direct ongoing and irresponsible printing of dollars in order to buy bitcoin. I realize that you are attempting to suggest that the promise is actually vacuous and that RFK would not actually be able to work towards such a goal that would be to back the USD with bitcoin, so it would be an interesting dynamic if he were to be given a chance - and "so far" no other candidate is even saying anything close to that direction (for a government to try to harmonize with bitcoin) as RFK is at least saying. Maybe in the coming 6 -9 months (or even longer if he is able to stay in the race), we will hear more and more flesh about how RFK expects for such a thing to happen and to see whether he moves away from such goal or if he keeps reiterating such a goal to be one of his pillar candidacy platform ideas. |
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ChartBuddy
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July 19, 2023, 05:01:19 PM |
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Out of mind
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I like to treat everyone as a friend 🔹
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July 19, 2023, 05:05:26 PM |
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Decentralized Applications with sBTC will fuel the Bitcoin economy. However, transaction speed on the Bitcoin L2 needs to be improved. Source  |
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ChartBuddy
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July 19, 2023, 06:03:32 PM |
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ChartBuddy
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July 19, 2023, 07:03:28 PM |
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philipma1957
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July 19, 2023, 07:14:23 PM |
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sirazimuth
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born once atheist
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July 19, 2023, 07:22:20 PM |
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I wonder if the dudes who apply the tape are hiring?
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Gachapin
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bitcoin retard
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July 19, 2023, 07:22:30 PM
Last edit: July 19, 2023, 07:50:22 PM by Gachapin |
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I wouldn't want to have duct tape between my but cheeks ... but then... no one would like to see my naked ass anyway.. |
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ChartBuddy
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July 19, 2023, 08:01:19 PM |
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ChartBuddy
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July 19, 2023, 09:03:29 PM |
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ChartBuddy
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July 19, 2023, 10:01:19 PM |
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Copetech
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July 19, 2023, 10:16:07 PM |
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I wouldn't want to have duct tape between my but cheeks ... but then... no one would like to see my naked ass anyway.. Nonsense!!! Falling ain't so bad! It's the Landing that hurts like a Bitch! |
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hafiztalha
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July 19, 2023, 10:52:13 PM |
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https://watcher.guru/news/tesla-sold-no-bitcoin-in-q2-2023Tesla Said: "Tesla reported in its Q2 Update that it did not buy or sell any of its $333 million worth of Bitcoin holdings in the second quarter of 2023. The company gross margin declined during the same period impacting its ability to boost sales through price cuts. Despite this Tesla shares have risen over 136% this year with after hours trading showing a 1% fluctuation to $288.96."
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