“When the US sanctioned Russia last year, freezing their US Treasury holdings and shutting them out from SWIFT (the worldwide money transfer system), the US demonstrated authoritarian control over any USD denominated asset held in foreign treasuries” @jameslavish
🎯
February 2022 will be looked back on as the moment in history when the US Federal Reserve Notes lost the very trust (that backs it) of all other sovereign nations
Only a matter of time until those nations realize it’s not practical to use gold to settle trade & then —> #Bitcoin
John_Scavone / John Scavone
npub1n5…vpz0y
2023-04-16 13:21:47
Author Public Key
npub1n5c9xrgs6wn32utm0edxffdly3w5fscwetex7k6ualvqh4rx0lss8vpz0yPublished at
2023-04-16 13:21:47Event JSON
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"content": "“When the US sanctioned Russia last year, freezing their US Treasury holdings and shutting them out from SWIFT (the worldwide money transfer system), the US demonstrated authoritarian control over any USD denominated asset held in foreign treasuries” @jameslavish \n\n🎯\n\nFebruary 2022 will be looked back on as the moment in history when the US Federal Reserve Notes lost the very trust (that backs it) of all other sovereign nations\n\nOnly a matter of time until those nations realize it’s not practical to use gold to settle trade \u0026 then —\u003e #Bitcoin",
"sig": "2448102e4bfc3e15ca0ce3d78b2c3f0ecbb1302df84ca2966203a0984e8e845cb7cf1d0fbc69df2b7edc627552b7fd1b11132f536402997e5c8de7e88ad3e0dc"
}