Sunday, December 15, 2024

Putin praises Bitcoin

I believe that Putin wants to use this uncontrolled money as quickly as possible, provided it becomes international currency. He knows that its use will be the beginning of the downfall of America. After all, their strength is in the dollar. But basically, every empire collapsed with help from within. There is one unknown answer for all. The Russians believe the CIA developed the technique. Americans believe the Japanese secret services invented it. The Japanese think it is a development of the Chinese. Politicians believe there is a conspiracy against democracy, arguing that if they do not control the distribution of the budget, it will lead to anarchy. Businesses prefer this approach because it allows them to retain their funds domestically and avoid seeking offshore companies. Optimists perceive immediate profits, while pessimists believe that the game will eventually end and that this is the largest pyramid scheme of the century. The CEO of Facebook secretly rejoices that his Libra coin, once legalized, will surpass all others in strength. I think the CEOs of McDonald's, Walmart, Amazon, and other big companies are secretly hoping to make money this way. All banks are terrified that they may become obsolete. Those who are aware of the technology see competition from Western Union and the like. Darkside hackers understand the timing of their most significant attacks. I can write many more examples. Everyone sees things from their perspective. But when we look at fantasy movies, the characters still believe in money derived from precious rare raw materials. Time will determine who is correct and who is incorrect.

1 comment:

  1. Opinion of a friend
    I'm really not familiar with this matter.
    If it is assumed that I have been using PayPal or an ATM card for a long time, then I really like the payment to be digital. Great. But I wouldn't keep my money in something that today is valued at one loaf of bread, tomorrow in two loaves, and on the third day there is no bread. Or I go to work, and I know that with what I earn, I will have enough for food and to afford, for example, some clothes, but the next moment there is a drop in the price, and I have to wait for someone to pay for my food. I imagine a government official receives a salary with such a digital currency that changes its value constantly; what anarchy can happen! Also, I don't think central banks would want to be out of a job. At least the politicians who are waiting to collect money from taxes and spend it on infrastructure or whatever you imagine. If this is decentralized, it may be something for a certain circle, who have a lot of money and wonder what new thing to invent for better speculation. The transition to digital technology is inevitable. But it will be controlled.

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