2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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To: TobagoJack who wrote (170244)	4/6/2021 7:30:29 PM
From: sense	Read Replies (1) of 217591

In the long term that "caution" in regard to capital flows is no different than any other throttle applied... it not mattering at all to the economy "why" it is applied, or by whom. The impact in reduced liquidity or reduced velocity may not matter when imbalances in other things outweigh the value of the influence... but, when all other things are close enough to equal... those things will matter in China as much as they matter anywhere else... along with all the other things that are weighted in pricing, such as risks that don't exist in other places. As far as bitcoin... what China allows or not... probably won't matter much as China's non-use is mirrored in others non-use... the utility will end up stranded in the feedback between a lack of liquidity and lack of utility... How it plays out... as barriers to adoption by the public are falling... just as barriers to acceptance are rising in the official channels... we have yet to see. That China is "new" to financial systems... makes it easier to adopt new technology there than in places with long established banking relationships that are long since made a routine part of everyday life. China is already well ahead of the west in adoption curves... in many things... because of having avoided building attachments to legacy tech, and legacy systems attached to them. As the technology penetrates other parts of the world where the infrastructure is lacking... and now will never have a need to be built because of disintermediated exchange ? We are likely to see S America, Africa and other parts of Asia leapfrog the developed world's insistence on sustaining the status quo... along with all its wrongful takings and purposeful bottlenecks... But I have little confidence that China will be a part of that... as parity with the developed world reduces China's prior advantages and exposes its weaknesses to competition... as we are seeing already. But, where that means one should look... to find financial independence and financial freedom... ? Not obvious to me that any place I see offers that... now that Hong Kong is gone, and Hong Kong is China. The world is not becoming a better place... which does argue for maintaining mobility... portability... but does not appear to be ensuring that bitcoin will always be a cloud stored form of transportability... if the numbers of places with "we accept visa" signs are not replaced with those bearing the appropriate crypto logos ?

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