I can honestly say that while I agree with the overall sentiment you’ve shared; I don’t think it’s quite that binary.
Sure, sanctions didn’t collapse reliance on the dollar… but the BRICS deal could have started the dollars global demise.
Which segues into Russia, and most BRICS members, unofficially relying on BTC and Gold as stores of actual value off the balance sheets.
I do see a world, and not so far from now, where a good chunk of the globe used Bitcoin as an actual means of exchange or value token.
What will determine this, as you said, is the utility and infrastructure built around it, of course.
Hell of a time to be alive.
0xMisterWolf
npub1yf…7x7u7
2023-03-11 23:31:36
in reply to nevent1q…fvax
Author Public Key
npub1yfz940sj06znqy95erkw9qje2g0k08sq5ezkt42w76mu3lzg032qd7x7u7Published at
2023-03-11 23:31:36Event JSON
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"content": "I can honestly say that while I agree with the overall sentiment you’ve shared; I don’t think it’s quite that binary.\n\nSure, sanctions didn’t collapse reliance on the dollar… but the BRICS deal could have started the dollars global demise. \n\nWhich segues into Russia, and most BRICS members, unofficially relying on BTC and Gold as stores of actual value off the balance sheets.\n\nI do see a world, and not so far from now, where a good chunk of the globe used Bitcoin as an actual means of exchange or value token.\n\nWhat will determine this, as you said, is the utility and infrastructure built around it, of course.\n\nHell of a time to be alive.",
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