Putin saved the world from COVID (hysteria) and now he's promoting cryptocurrency.
I view these things favourably.
I don't understand why is he such bogeyman when he is just doing exactly what the US, UK, France and all the European countries have done for centuries and are still doing - attacking other countries. The only difference is that Ukraine is next door to Russia and has some historical affinity to it - unlike the US that invades countries half a world away.
"The West" has not succeeded in isolating Russia. Instead it has isolated itself and created a huge energy crisis that will destroy Europe's economy and allow Putin to dominate Europe without a fight.
Hopefully the US Dollar's reserve status will end and Bitcoin will become the world's new reserve currency. Then ALL governments will have great trouble funding wars (because they can't print money to pay for them).
You are either in favor of global poverty or you do not understand money.
We are experiencing what deflationary money is like and all we get is slowing growth rates. And you want more of it?
Posted Using LeoFinance Beta
The world's productive and consuming population (1st and second world working age cohorts) has been shrinking for some time and is in long term decline.
Real economic growth is impossible in such circumstances and massive money printing has been used to paper over this reality.
Bitcoin with its very slow rate of increase is the correct solution for a global reserve currency in these circumstances.