⚡💬 NEW - @jack mallers: Venezuela isn’t about oil. It’s about critical minerals and territory where China, Iran and Russia operate simultaneously.
Another sign the post-1971 fiat system is dead.
The world is moving back to real things with real constraints. We'll all need real money. Buy bitcoin.
Thread
Login to reply
Replies (3)
Nobody cares about bitcoin - nobody buys oil or rare earth for bitcoin, even your miners are purchased for central bank cash not for bitcoin. The only service bitcoin buys today is ransomware and money laundering.
What should countries use to trade if not bitcoin? Are you accepting Pesos, Lire, Denars, or Dollars?
Would you accept Zimbabwe’s dollars?
I would accept whatever currency is acceptable for me and my client, like it worked for thousands of years of human civilisation. Certainly not highly volatile token asset that consumes 1.5 kWh per transation with proportionally absurd transaction prices and processing time, that's just contradictory with any business model apart from ransomware folks - which is why no other businesses use it. Even your Alby app takes subscriptions in dollars 😆