I think some people online are overplaying this, but it still seems significant.
China and France complete Yuan based LNG payment.
https://www.nasdaq.com/articles/china-completes-first-yuan-settled-lng-trade
Scapegoating. Someone has to be blamed. Couldn’t be the money printing or deficit spending or other certain political agendas. You see it here a lot. It’s the evil corporations. What’s even better?
The evil fossil fuel corporations!
Only if you believe too much money chasing too few goods contributes to inflation.
It’s all in Bern’s spoilered post. But off the top,
Always.
There was never a tulip fever, especially not to the extent that was cited by another poster in Extraordinary Popular Delusions and the Madness of Crowds. Then the historian quoted by the Smithsonian directly refutes that specific account. Seemed noteworthy.
It’s all right there.
Your position is thus. The government is doing illegal and undemocratic (shriek!) things, but I like those things so I will defend them.
She was just providing the link to WH show of support.
I do have my own agenda. I support the Bill of Rights. I’m also against expanding Executive authority. This bill appears to do that quite a bit. As with most of these bills the language seems to be vague and allow some interpretation. As it is broken down more and promoted in the news, hopefully more discussion will happen here and help people make a decision on where they stand.
It is.
Patriot Act 2.0?
Introduced by a bipartisan group of Senators. Reaching across the aisle! Fuck yeah!
Endorsed by the White House. Get ‘‘em Dark Brandon! Woooo
This has to be posted periodically here.
Also, when you say this time is different, are you saying that bitcoin won’t go through a even larger adoption cycle than the last one, as it has done multiple times?
Or when you say this time is different, are you referring to permanent US reserve currency status or that debt/deficit levels now don’t matter as they have every time in the past?
Keep it up.
Maybe the 27th time you reference beanie babies it will finally be as clever and relevant as you seem to think that it is. Heck, you might even get someone brighter than Wildcat to agree with you.
Bitcoin is more easily verified. No need to confirm its composition.
Bitcoin is more easily divisible. Any amount can be moved.
Bitcoin is more easily transferred. You can move or hold large amounts that gold’s physical weight would not allow.
The one area where gold is currently superior is its history. And I don’t mean to downplay that. It’s a huge deal. But the longer that the Bitcoin network keeps running then the less of an advantage it is.
If you believe that bitcoin going to zero is off the table, then it’s basically a permanent competitor with gold. Thus as time passes, its advantages will become more widely acknowledged.
It doesn’t take much technical acumen to buy and hold Bitcoin. That should really be the focus. Staking and locking up some shitcoin is not going to be very helpful if banks continue to fail and we continue to debase our currency.
Bitcoin>precious metals>>>shitcoins