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Will be something if they owned / transferred value back to gold and made the lights go out on Bitcoin somehow through hacking or other.
50 tons is roughly $6B at a spot price of $3700.
According to Google about $56B worth of Bitcoin trading volume today.
Seems obvious which one should settle international trade long term given security and speed of settlement.
I'm not sure what it means, but it sure means something.
Imagine if BRICS did gold backed currency and then as a response USA did BTC backed USD stables
View quoted note โ

