Globe99's avatar
Globe99 globe99@nostrcheck.me 1 week ago
You're right there's a trust problem, but that's going to operate both ways. China wants to send money to Germany. Right now their option is to use the global reserve currency, i.e. USD. So they want to use gold... how exactly? IOU's? Who's going to trust that?
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Wasted Potential's avatar
Wasted Potential 1 week ago
But they don't view crypto as a viable alternative as most governments don't wanna let people use crypto which can be hard to tax.
Wasted Potential's avatar
Wasted Potential 1 week ago
They might run other cryptos that they agree with. Like xrp or whatever shitcoin which they agree on. But on Bitcoin, it's something they can't control.
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