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RE: will BTC lead you out of the next economy recession
Dear @honarparvar
I would love to be fed up with that trade war, but it seem to be escalating so fast and so wildly that I found it just to important not to follow.
after the country responded by lowering the Yuan to a 10-year low.
Wouldn't you think that it will be very expensive for china to maintain such a low price level? They will surely start bleeding out very rapidly.
I'm seriously scared of possible cold war between those two countries. Cold war comes down to rulling your own population with fear.
Yours
Piotr
China has it’s own (state) cryptocurrency almost ready, furthermore, do not forget about the brics and silk road initiatives. Look behind the news and you see that states are already preparing for the next global recession. After 08 the world was bankrupt, we are living in an inflated bubble that is ready to pop, and when it does ... crypto is the answer. Also the dystopian orwellian dream for population control.
totally agree with you
about China's tolerance on manipulating its currency, their economic system is very closed so it helps them do so! such a control feak governors 😁