ID Cards are NOT an American idea, and unsurprisingly, it is foreigners who are pushing for them. VILE!
Beautyon
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“Which side aye you on boys, which side are you on?”
https://x.com/beautyon_/status/1850631282080014433?s=61&t=eyjJ5IvKiAtPIDSBRekpmA
In 2000 Bill Joy wrote an article entitled, “Why the Future Doesn’t Need Us”. it was published in Wired magazine.
Californian technologistas are sometimes very pessimistic and often very bad at predicting the future.
There’s no reason to believe that the future has to be a bad one or that any of the tools that are being invented now are going to be the tools that destroy mankind.
Over and over again dire predictions about how technologies are going to end mankind, will cause terrible catastrophes and other fear porn guff have been trotted out again and again; it’s always by the same class of people who are more or less the same age. They are super pessimistic, un religious, ignorant, normally super rich and desperate to control other people.
These people need to be ignored. First of all, spreading unwarranted FUD is unethical (AnthropogenicGlobal Warming for example), second there’s no technology that man has inside computers that can’t be switched off, even if it were to become a problem, which there’s no evidence that AGI is going to be.
The choice everybody faces is whether we’re going to live like a bunch of frightened children, or are we going to live like men and go to the stars and do all those other things.
If everybody’s frightened of every single invention that comes forward and goes into the market, man will never get anywhere, and I’m personally sick and tired of reading the fear from people who don’t have powerful imaginations and to want everything to stay the same forever.
These same people are terrified of bitcoin and they’re very very scared that if it gets big, deflation will happen and the economy will be destroyed.
Of course they’re totally wrong. Bitcoin is not dangerous and the fear mongers will be ignored.
However this is a perfect example of how these technologists who are scaremongers don’t really understand what they’re talking about, are men of low degree and low character and are antihuman.
It’s up to the people who create things to do things responsibly and to not let inventions get out of their labs that are dangerous. Sometimes bad things are going to happen, but the greater risk is to not do things, not experiment and not move forward.
The fact of the matter is the future doesn’t need YOU. And that’s YOUR problem, not OURS.
The text below is the complete reason why Elon and the ID Card fanatics are 100% wrong.
The UK ID card is not what you think it is. It is not a simple identity document like your passport or driving license. It is in fact, a database backed control grid and the fulfilment of Orwells nightmare.
You may have heard that legislation creating compulsory ID Cards passed a crucial stage in the House of Commons. You may feel that ID cards are not something to worry about, since we already have Photo ID for our Passport and Driving License and an ID Card will be no different to that. What you have not been told is the full scope of this proposed ID Card, and what it will mean to you personally.
The proposed ID Card will be different from any card you now hold. It will be connected to a database called the NIR, (National Identity Register)., where all of your personal details will be stored. This will include the unique number that will be issued to you, your fingerprints, a scan of the back of your eye, and your photograph. Your name, address and date of birth will also obviously be stored there.
There will be spaces on this database for your religion, residence status, and many other private and personal facts about you. There is unlimited space for every other details of your life on the NIR database, which can be expanded by the Government with or without further Acts of Parliament.
By itself, you might think that this register is harmless, but you would be wrong to come to this conclusion. This new card will be used to check your identity against your entry in the register in real time, whenever you present it to 'prove who you are'.
Every place that sells alcohol or cigarettes, every post office, every pharmacy, and every Bank will have an NIR Card Terminal, (very much like the Chip and Pin Readers that are everywhere now) into which your card can be 'swiped' to check your identity. Each time this happens, a record is made at the NIR of the time and place that the Card was presented. This means for example, that there will be a government record of every time you withdraw more than £99 at your branch of Nat West, who now demand ID for these transactions. Every time you have to prove that you are over 18, your card will be swiped, and a record made at the NIR. Restaurants and off licenses will demand that your card is swiped so that each receipt shows that they sold alcohol to someone over 18, and that this was proved by the access to the NIR, indemnifying them from prosecution.
Private businesses are going to be given access to the NIR Database. If you want to apply for a job, you will have to present your card for a swipe. If you want to apply for a London Underground Oyster Card,or a supermarket loyalty card, or a driving license you will have to present your ID Card for a swipe. The same goes for getting a telephone line or a mobile phone or an internet account.
Oyster, DVLA, BT and Nectar (for example) all run very detailed databases of their own. They will be allowed access to the NIR,just as every other business will be. This means that each of these entities will be able to store your unique number in their database, and place all your travel, phone records, driving activities and detailed shopping habits under your unique NIR number. These databases, which can easily fit on a storage device the size of your hand, will be sold to third parties either legally or illegally. It will then be possible for a non governmental entity to create a detailed dossier of all your activities. Certainly, the government will have clandestine access to all of them, meaning that they will have a complete record of all your movements, from how much and when you withdraw from your bank account to what medications you are taking, down to the level of what sort of bread you eat - all accessible via a single unique number in a central database.
This is quite a significant leap from a simple ID Card that shows your name and face.
Most people do not know that this is the true character and scope of the proposed ID Card. Whenever the details of how it will work are explained to them, they quickly change from being ambivalent towards it.
The Government is going to COMPEL you to enter your details into the NIR and to carry this card. If you and your children want to obtain or renew your passports, you will be forced to have your fingerprints taken and your eyes scanned for the NIR, and an ID Card will be issued to you whether you want one or not. If you refuse to be fingerprinted and eye scanned, you will not be able to get a passport. Your ID Card will, just like your passport, not be your property. The Home Secretary will have the right to revoke or suspend your ID at any time, meaning that you will not be able to withdraw money from your Bank Account, for example, or do anything that requires you to present your government issued ID Card.
The arguments that have been put forwarded in favour of ID Cards can be easily disproved. ID Cards WILL NOT stop terrorists; every Spaniard has a compulsory ID Card as did the Madrid Bombers. ID Cards will not 'eliminate benefit fraud', which in comparison, is small compared to the astronomical cost of this proposal, which will be measured in billions according to the LSE (London School of Economics). This scheme exists solely to exert total surveillance and control over the ordinary free British Citizen,and it will line the pockets of the companies that will create the computer systems at the expense of your freedom, privacy and money.
If you did not know the full scope of the proposed ID Card Scheme before and you are as unsettled as I am at what it really means to you, to this country and its way of life, I urge you to email or photocopy this and give it to your friends and colleagues and everyone else you think should know and who cares. The Bill has proceeded to this stage due to the lack of accurate and complete information on this proposal being made public. Together & Hand to hand, we can inform the entire nation if everyone who receives this passes it on.
Frances Stonor Saunders
Anyone who doesn’t think it matters for Bitcoin who wins the 2024 US elections is totally detached from reality and does not think very hard about the truth of anything.
If you've been paying attention in the last 24 hours knows you know that the mere false rumour of an INVESTIGATION into Tether caused the price of Bitcoin to fall $2,000 USD. If an anti-Bitcoin president is elected, what do you think that will do to the price, genius?
And set aside the price for a moment. Craig "Faketoshi" Wright, who UK judges branded as a compulsive liar, waging lawfare against Bitcoin Core and its developers caused some people to say they would cease working on Bitcoin development, even before the end of the trial that eventually destroyed Faketoshi.
What do you think the US government going full anti-Bitcoin would do to those people? They would almost certainly stop working on Bitcoin if it meant the beginning of problems for them. A unconcluded court case in INGSOC was enough to frighten off devs; who could possibly be stupid enough to believe that an anti-Bitcoin American president would not scare off developers and businesses to a large degree? You'd have to be a drug addled simpleton not to see this as a very real threat.
Saying things like, "Aint no stopping us now, we're on the move!" and believing that nothing can stop Bitcoin is absolutelydelusionalbitcoincultgibberish. It is infantile, stupid, delusional, ridiculous, credulous, foolishness, odd, dumb, silly, childish, ignorant, puzzling and dopey.
It matters quite a bit who wins the election; especially people who KYC their users and have applied for and obtained Money Transmitter Licenses (https://medium.com/@beautyon_/bitcoin-is-not-money-if-you-seek-compliance-you-are-asking-for-trouble-cbe9107e5298). Ripple have bet on the enemy of Bitcoin, and GEPOTUS is for Bitcoin. If you were any sort of betting man, you would be betting for Trump, because there is a lower probability of absolute disaster.
It's incredible how amazingly hollow people are. Shocking in fact. Thankfully, there is a small army of Anarcho Capitalist Bitcoiners, some of whom have access to many many tens of millions of dollars, and they are very dedicated to replacing the system that controls their fiat money and replacing it with something where their wealth can't be stolen.
These people don't imitate other people's cultures like brainwashees, know how to wear a shirt and tie, are not afraid of the truth, and are very very serious, unlike the Eloish Bitcoin Cult members who dance around like human cattle, barely able to speak their mother tongues and who sell delusion as hope.
https://x.com/Beautyon_/status/1849940606002561140
THat’s without “ANONYMOUSLY PURCHASED BITCOIN”.
If you can’t buy Bitcoin anonymously, then all the other claims about how it helps are moot, and in privacy terms, not too different from buying with credit cards.
Ignoring this doesn’t make it go away. But there are people - very big people - who are solving this problem, so these dreams can come true and the circle completed.
Or broken…which one?
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ONCE AGAIN, BEAUTYON'S 21 RULES FOR BITCOIN AS A TOTAL REMEDY FOR FALLEN CULT HERO SAYLOR'S 21 RULES FOR BITCOIN, NOW WITH EXTRA ANARCHISM!
1/ You don’t need to understand Bitcoin to be able to use it.
2/ Nobody cares what you are for or against in maths.
3/ Nobody needs to grasp Bitcoin to do what Bitcoin was designed to do.
4/ Bitcoin is not powered by chaos. Bitcoin is extremely orderly. It is fiat and evil KYC Statists who are for chaos and murder.
5/ Bitcoin has nothing to do with gambling. Bad analogies are anti-Bitcoin.
6/ Bitcoin can’t protect you.
7/ No one owns Bitcoin. It is not an asset or a coin.
8/ The price of Bitcoin doesn’t matter.
9/ Bitcoin is not about winning and losing.
10/ The Matrix is a Science Fiction movie, not reality.
11/ Computer illiterates think knowledge is required to use Bitcoin.
12/ Bitcoin does not destroy models. It enforces them.
13/ Orange Pills are toxic. Don't eat them.
14/ Statists who pretend to be Bitcoiners think there is no problem with fiat. They are gravely mistaken. Don't follow them.
15/ Bitcoin is for everyone. On Bitcoin’s terms, not the Statist’s terms.
16/ Learn how to to think.
17/ Bitcoin can’t change people. It is not LSD.
18/ Laser eyes on avatars can’t make Bitcoin change the world.
19/ Bitcoin is not a person or a pronoun. It does not need and cannot understand “respect”.
20/ Sell your Bitcoin when you need to. Don’t be stupid always.
21/ Stretch out with your hate. Hate the state.
22/ Read Saifedean’s books. Read Murray Rothbard.
23/ Read Frédéric Bastiat
24/ Hoarding Bitcoin is like hoarding the cure for cancer. Don’t.
The gold analogy in Bitcoin is highly toxic scaremongering, designed to incentivise "NOT YOUR KEYS, NOT YOUR COINS" Bitcoin Cult dogma.
The 1930s gold confiscation cannot be repeated with Bitcoin in a way that can destroy it; only parochial US Americans who think America is the entire world believe or think like this, not understanding the scope of the problem Bitcoin solves.
Bitcoin is a network, not money. It is a network like the Internet. If America goes "Full Retard" and tries to confiscate Bitcoin, every country on Earth (over 190 of them) will be unaffected by its insane ruling, and its citizens will be free to use Bitcoin.
Given the rise of BRICS, this is more likely than it has ever been; when BRICS discover that they have a ready-made and infallible international settlement and payments layer gifted to them that the USA cannot stop, divert, or damage, they will flock to it, build on it, and Bitcoin will thrive, just as GSM thrived despite America campaigning against it in favour of its own CDMA.
The world is very different from the pre-GSM world, with anti-American animus running at red-hot levels. It will be an easy step to choose Bitcoin because everyone is already against America.
Given all of this, all talk about turning in your Bitcoin is infantile guff. No Japanese Bitcoin holder will turn their corn over to Uncle Sam, and the resources to "investigate" who has what Bitcoin will be largely irrelevant since once Hyperbitcoinisation happens, most of the Bitcoin users on earth will be outside the USA by default.
The only thing the golbitcoinbugs have to offer is fear mongering, hype, infantilism, stupidity, and boredom.
Similarly, all market-based attacks to drive the price down and install panic will fail since too many people will be using Bitcoin, and no American entity will have enough Bitcoin to move the market against the will of the people. American entities levying 70% taxes on Bitcoin users will only affect American Bitcoin users and no one else on earth.
The right question is not to "war game" attack vectors that can be launched against Bitcoin, but instead, to do everything you can to get Bitcoin into the hands of everyone on earth, even to the exclusion of America, since there are more people living outside America than in it.
That is the correct mindset that needs to be deployed, not the idiotic $5 wrench attack mindset of the Bitcoin Cult, that focuses only on disaster scenarios related to and sourced from the pre-Bitcoin world, which help no one, sow fear, and are very very BORING.
https://x.com/Beautyon_/status/1849203110142480565
WEATHER REPORT.
War is it?
“War”, Elon?
If you were in any way ready to fight a war against US/UK you would understand that the fiat money that they use is the key to all of their power.
You would use X to launch the biggest bitcoin platform and “bank” the world has ever seen, and you would remove their power from them to use the money of the people, Bitcoin, against X…and the people.
You can’t fight a war where the weapons of war are manufactured by your enemies.
The weapon in this case is the US dollar and the euro which you absolutely resolutely refuse to reject because you need those fiat systems in place to be able to build your rockets to escape to Mars .
Don’t talk about going to war with these people unless you’re really ready to do it because they have all the money in the world to destroy you; in fact, they can make money out of nothing — literally thin air — all the money that they need to destroy you several times over.
You can’t fight a war with these people head on; they’ve got all the money and all the guns and they control the courts “their system is too dangerous to be kept alive” (Star Wars).
The only way to fight this war, if you’re ready to wage it, is to remove the power to create money from them. If you’re not willing to do this, you’re going to lose and your life’s dream of going to Mars will be ended.
Which will it be, Elon? Will it be Mars and the American millennium?
Or will it be the destruction of all your dreams and man kept earthbound for the foreseeable future?
And that future won’t be very long, given the warmongers thirst for blood — in this case radioactive blood.
It should be absolutely clear to you what you need to do .
* Stop treating bitcoin as if it’s a joke.
* Incorporate it into every X users account.
* Retreat X into the comparatively safe walls of the USA, like Gab
* Keep supporting Donald John “GEPOTUS” Trump
And don’t stop! DON’T GIVE UP ELON!
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Elon Musk (@elonmusk) on X
This is war
Jürgen and Ulrich in their paper start with a fallacious premise; the Straw Man Fallacy.
The original promise of the Bitcoin Network was to replace the fraudulent Fiat Dollar (and by extension, all fiats, including the Euro) with an incorruptible money that was auditable by the user..
The means of payment part is a superimposition by followers on who saw Bitcoin (which is a form of money with all money's utilities, one of which is means of payment as well as saving) as one thing, whereas it is in fact not money at all, but a database.
Using the phrase "promoters" is a backhanded insult in a flagrant and pathetic attempt to smear Bitcoin users as sellers of a Ponzi Scheme. The authors are beneath contempt for this.
The Appeal to Authority rears its disheveled head when they invoke, "Most Economists believe..." as if that is a pretext for anything, given the woeful state of the global fiat economy running by their strictures. Completely ridiculous.
The price of Bitcoin cannot rise forever. Once fiat dies and all prices are measured in Bitcoin, it will have no price in US Dollars, imbeciles. It is like claiming Bitcoin has a price in Wermacht Marks or Zimbabwe Dollars. Surely, surely, no one can be this stupid. Apparently they are, and they're working in the ECB!
The purpose of money is not to increase the productive potential of the economy; innovation and work do that; and since money is half of all transactions there must therefore be a distribution of money to everyone so that economic activity can continue. There is more than enough Bitcoin to facilitate this.
What the authors expose in their fear that people are going to get rich in a system mediated by Bitcoin is their repugnant socialism, and a fear that it is not their anointed that will be the super rich in a world where Bitcoin is the only money.
Also bear in mind, that if their scenario this unjust accumulation takes place, Bitcoin will have become money just as we predict it will, and the fiat system will have died and Bitcoin will have won, as will have all of humanity.
Bitcoin holders do not become more wealthy at the expense of anyone, since no one is cheating in Bitcoin, unlike in the fiat system, where the first users of the money are ACTUALLY getting wealthy off of the creation of money and inflation.
Jürgen and Ulrich think you are stupid!
Bitcoin cannot impoverish anyone; what it actually does is accurately measure the work and the value of goods of all people in the economy. Such an accurate measure is anathema to Jürgen and Ulrich, who have appointed themselves as god over the economy.
Bitcoin does not redistribute wealth; it measures wealth accurately.
Jürgen and Ulrich are the scum of the earth with their ECB paid for lies and Keynesian nonsense. They will be proven absolutely wrong by Bitcoin absorbing all the fiats, leaving them and their paymasters exsanguinated and forgotten.
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Bitcoin is the “c” of Money
The need for immutable international standards has been understood for centuries. It is impossible to perform trades for goods if everyone…
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Beautyon (@Beautyon_) on X
Jürgen and Ulrich in their paper start with a fallacious premise; the Straw Man Fallacy.
The original promise of the Bitcoin Network was to repla...
FOLDING SPACE
FOLDING PEOPLE
https://x.com/Beautyon_/status/1847410262686486701
"Today is the best day to buy Bitcoin".
That phrase is true every day of the year, forever.
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Beautyon (@Beautyon_) on X
"Today is the best day to buy Bitcoin".
That phrase is true every day of the year, forever.
Man has never been “a part of nature”. Man was created by God as described in Genesis, and the only laws he is governed by were written by God, and those laws are under God’s absolute control.
It is not true that distractions distance us from what is real; the problem with “modern man” is that he is extremely and willfully ignorant, and always eager to believe any lie that is told to him. He loves evil and lies rather than good, lies rather than the truth, and speed rather than punctuation.
The problem modern man faces is The State, just as the USSR suffered under Communism, modern man in the West suffers under Crony Capitalism, The State, and the Federal Reserve system. These are discrete problems all of which are completely soluble without resorting to cereal box philosophies, navel gazing and pointless dead end abstractions and avoidance of bitter hard truths.
The State as a “construct” in the modern era is almost totally evil, as described by Murray Rothbard in his “Anatomy of the State”:
https://mises.org/library/book/anatomy-state
Ignorant people who don’t know the fundamental basis of everything cannot begin to unpack the present situation man is in and identify the true source of the problem. They have to resort to hand waving, Fruit Loop Logic and nonsense, none of which provides a clean, practical way out based only on the truth.
And yes, there IS absolute truth; it is discoverable and communicable and not hard for ordinary people to understand. Refusing to face this fact is pure thumb sucking infantilism and cowardice, two of the basic plagues suffered by coddled, weak and ineffectual Western men.
People talk about things not being grounded in reality, but when that reality is exposed to them, they refuse to accept it, shrink away from it like worms that have had salt sprinkled on them, and not only that, they choose to go along with the evil and support it and the State that is the main distributor of it. They refuse even to tell anyone that the evil exists and that they hate it. To add insult to injury, they wax vaguely with half baked philosophies that are dead ends because they communicate nothing, show no way out, are habiutally non specific and greatly unhelpful.
Modern day financial systems are completley corrupted by the State, especially the Federal Reserve Dollar which is so pernicious and toxic, the destruction of it was in his own words the greatest triumph of Andrew Jackson who declared, “I killed the bank”.
Today, the weak men can barely take their chubby, grubby fingers to clack out its name on their keyboards as they Virtue Signal to stupefied drug addle fans while collecting people’s government documents just so they can use “their own money”.
If the truth must be “handed down by a CEO” then let it be handed down by a CEO. This is infinitely preferable to a CEO who does not believe that there is such a thing as truth, and even worse, a CEO who knows the truth but goes along with evil for expedience and keeps his silence. And furthermore, the truth is not rooted in who man is; the truth exists outside of man, and is imposed upon him by his creator.
Bitcoin as money (it is not money, it is a database that can be used AS money) is a powerful tool precisely because it denies weak men the opportunity to corrupt it, just as they abuse consumers by forcing them to obey the evil and unethical rules laid down by the Fiat State. There is no getting around this, and “I was only following orders” will not cut it either when the records are examined.
Bitcoin spreading everywhere through Ethical Bitcoin companies and tools are what is going to change everything, and as everyone has seen, it only takes a handful of CEOs to make global unambiguous beneficial change happen for hundreds of millions of people. This work is in progress.
Believing in fantasy will not help anyone. Pouring hope onto tools that cannot work is infantilism and ignoring reality. It is ignoring the problem and running away and hiding from it, just as the Cereal Box philosophers ignore the nature of the State and refuse to put it in its place as the true source of of the fiat problem and the war machine problem and the distortions, perversions, poisoning and dumbing down of all mankind.
This refusal to face reality head on is why Bitcoin had to be written in the first place; generation after generation of weak, distracted infantilized men who refuse to think and solve problems made it necessary for machines to solve their problems for them. Bitcoin is one such machine, and you can be sure more are coming, because man would rather run away and hide from solving his problems rather than take his medicine and lead.
Bitcoin removes the power of the State to lie about money. Communication tools that allow anyone to say anything do not solve the problem of the character of man or solve the problem of The State; men of good character can facilitate free communication, so all that is needed are a few good men. Computer solutions can’t solve the problems caused by the character of man. In the case of Bitcoin, they can constrain man’s ability to cheat, but man is still a liar and cheater by nature. That will not change in this world.
A platform that is built to carry any lie to anywhere is not a solution that can fix the world’s problems. Of course people who think the back of a box of Frosted Flakes is the ultimate source of truth cannot understand this. And no one needs them to be able to either. Bitcoin was written to supersede these weak people and to constrain them and their “votes” and it will succeed. Just watch.
In the meantime, by all means waste your time on niche fad networks that will not move the needle, while men with huge platforms and guts liberate hundreds of millions of people to change the world. One man with guts and a vision can change everything; this has been proven again and again. Men who run and hide cannot change anything and never will. History will judge them accordingly, if they are even remembered.
No amount of fad citing and fashionable talk can substitute for real contributions to the problems faced by man. Only action can help, and refraining from evil. These are the unavoidable facts, and the way the world actually is. If you refuse to face this, you are part of the problem, and will be swept away with the Statists. That is your fate, and you will deserve it, because you were warned, and refused to rise to the challenge.
https://mises.org/library/book/new-liberty-libertarian-manifesto 
If all the countries on Earth switch to Bitcoin, tariffs will not work to protect the US Dollar. All the countries of the world rejected the American CDMA mobile phone standard for GSM and America capitulated. I'm afraid, due to mismanagement of previous US Administrations starting with Nixon, the US Dollar is finished. For the second time in US History.
The only way out for America now, to preserve its position as the number one country for the mediation of money world wide, is to go full Bitcoin.
That means immediately making Bitcoin Legal Tender in the USA and removing and forbidding all regulations that seek to control it, under the First Amendment pretext.
When this happens, the genius of America will catapult Bitcoin to global reserve currency status via Silicon Valley. No other currency on Earth will have the internet as its backbone. The Ruble, the Euro and all other currencies would be exsanguinated as people all over the world sell their government issued fiats for Bitcoin.
America wins again.
America wins again because it will be the global hub for Bitcoin. All the expertise of how to handle it and work under its necessary limitations will rest with American know how, and no one on earth has a Silicon Valley with global penetration to rival America.
China will have two choices in this global battle for reserve currency status. They will lose this battle because they are linguistically locked away from the rest of the world, that does not use it's poisoned apps.
Only America has the opportunity to re-capture the "Guardian of the Reserve Currency" status, but this time, they will do it by merit, not by deception (The Federal Reserve).
Essentially, America now has a second chance to preserve its power. How they are getting so many breaks is bewildering; Trump himself being the most exceptional second chance.
Like all real Americans, I love Trump. There is no one like him; he embodies the American way of life, optimism, "Can Do" attitude, fearlessness and power. I hope he sails into office and keeps his promises to steer America towards peace while delivering prosperity by restraining, constraining and reducing the Federal Government. If anyone can do it, Trump can.
The US Dollar however, is a real problem, and all foreign governments (the most recent one being Nigeria, which has now abandoned the Dollar for the Naira when it comes to oil purchases), are sick and tired of the vulgar, impudent, corrupt, and murderous behavior of previous US administrations.
Trump can change all of this. By symbolically abandoning the US Dollar, and blaming the Federal Reserve for it, he can pivot back to "Real American Money + Bitcoin" Gold, Silver and Bitcoin.
Will he do it? We're all going to find out!
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JUST IN: 🇺🇸 Donald Trump announces 100% tariffs on countries ditching the US dollar as world reserve currency.