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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: carranza2 who wrote (13101)12/21/2024 1:06:26 AM
From: elmatador   of 13780
 
Hi C2. Good to hear from you! BTC is a Beta test for CBDCs

Launched in 2009, at the height of the Fincancial Crisis unleashed by the sub--prime debacle, BTC gained adepts, became a story, got traction and went up.

I say that if the technologies were available in August 1971, when Nixon unilaterally cancelled the direct international convertibility of the US dollar into gold, someone would have come out with a BTC.

It has the potential will change the whole international fincancial system that is why NO NATION-STATE WILL LET BTC BE THE CURRENCY, means of transactions or reserves.

What BTC did was making countries think about creating their own versions aka CBDC Central Banks Digital Currencies.

The IMF the Bank of International Settlements (BIS) are looking into to CBDC because they want to keep the power they have.
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