As I’ve been predicting, dedollarization is reaching epoch defining levels.
China & Russia (+ Iran) are prepping rollout of Gold backed currencies and a Gold-backed stablecoin.
This will crash the ersatz US Dollar and any hope of propping up any USD stablecoins.
The US
Max Keiserx.comAs I’ve been predicting, dedollarization is reaching epoch defining levels. China & Russia (+ Iran) are prepping rollout of Gold backed currencies and a Gold-backed stablecoin. This will crash the ersatz US Dollar and any hope of propping up any USD stablecoins. The US
This is REALLY bad for GOLD. Scientists can literally recreate Gold in a lab and this makes Gold no longer scarce.
For those that think I am being alarmist or dramatic, study the Diamond chart since the same thing happened and scientists created lab grown diamonds.
Neither the human eye nor ... See more
Having Bitcoin as a strategic reserve asset wasn't even remotely in the US political conversation last month. Now it is. Putting aside how serious or far this may go, just that it is being talked about is key
Having ETFs for Bitcoin and then Ethereum in short order in the largest financial market was also not in the mai... See more
Santiago R Santosx.coma sovereign nation—Russia, perhaps, or China—whose monetary system is threatened by bitcoin, or a consortium of multinational banks seeking to protect their monopoly on the payment system.