Why Nostr? What is Njump?
2025-04-20 20:52:21
in reply to

William ₿ Travis on Nostr: And don't forget they've made this fatal error before. When the West went to the gold ...

And don't forget they've made this fatal error before. When the West went to the gold standard in the 1870s, China had been stockpiling silver and silver mining capacity. After the shift, silver got devalued by 30%, and it destroyed China for 100 years. Set them up for the Maoist takeover, in fact. This time the Communists will make the same error with tariff wars and gold as the world shift to bitcoin, and it will destroy them again.
Author Public Key
npub18w8307u2nux8dx6cr88net4rjg4xs3x57lmksjhdnajhrwexherq75re2x