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We're shooting ourselves in the foot? The PRC used to have some 70% of the Bitcoin hashrate and all those miners had to pack up and move to Texas. The US gave up on its fiat and only shills it to gullible libs who think Bitcoin causes climate change. The PRC is stupidly clinging to a mystical petroyuan that will never happen.
'The US gave up on its fiat'
Really???
So why is Trump using up so much of the remaining US credibility, military war materiel and budget to try to protect and preserve the petrodollar?
Petrodollar is operated by Zionist Bankers.
They have USA over a barrel and are selling out USA to build their Greater Israel Project.
Again, stop saying "credibility" like it matters. Being right is always more important than other people believing that you're right, because the facts will prove who's right at the most crucial moments.
If the plan were obvious then the PRC would be trying to buy Bitcoin before it's monopolized by the Western private sector, but adapting would mean giving up their third worldist dictatorship, so they'll lose. You should be thanking me for my intel and adjusting your strategy, but instead you'd rather feel smart for pointing out there's a strategic partnership between the US and Israel, as though one smear campaign is enough. It isn't.
How many times have Trump and Bitcoin failed in the eyes of mainstream socialists? And how many times did it matter?
You are to the extent that credibility is built upon being right rather than believing you are right.
Let's see how this pans out.
Looks to me like the petrodollar is still fundamental to the US empire and Trump is desperately seeking to protect and preserve it in the face of China having won dominance over global manufacturing, energy, productivity and commodities markets.
I love Bitcoin but only really for its ability to reduce the power of the fiat debt slavery bankers cartel- ie the Zionist Bankers who own the Fed Res.
Do not think the Zionists will hold any loyalty to USA as the USA declines- they are building their own empire- Greater Israel upon the decline of US power.
Contrary to what you may think I want the west to stop its decline into decadence and debt and am much more comfortable with western values because they are what I was raised in- but I also recognise China as a real and growing challenge to the west and not for entirely bad reasons- Love you enemies and you can also understand and deal with them better than hating them and being blinded to the truth which is always complex and so often some of the fault lies with hater.
The truth is freedom and power...and that ultimately comes from love, not hate.
The words and actions coming from Trump in contrast sound like fear and hate and blindness...it is tragic to see the wests leader appear so far from our cultural strengths and values.
Can't you see that every government-issued currency is a banking cartel within its own jurisdiction? You don't see the yuan or the peso or the dinar as fractionalized slavery schemes? They're all centrally-planned politically-motivated ledgers. The only distinguishing feature of USD is that it's bigger. The PRC's currency runs on exactly the same principles. It's all a government decree.
'Can't you see that every government-issued currency is a banking cartel within its own jurisdiction?'
No- the vast majority of nations are monetarily and militarily subservient to the USA/USD and the Zionist banksters who own the US from behind their ancient debt slavery cartel of usury.
China is different in that it is not militarily or monetarily subservient to the USD/USA or the Zionist banksters.
Bitcoin liberates us to some extent from all these state based Zionist serving organs of fiat debt slavery and the CCP.
What does it matter whether you're monetarily subservient to the US or Israel or the PRC? If my money is fake and my work doesn't matter, why should I care which government is skimming from me?
Regardless of which party is in office my country's government can't spend my money on what I want to spend it on. What I want to exchange for my labor has to be my decision because I did the work. Meddling with the ownership of my work is slavery. You have such a shallow European conception of liberation. If someone is stealing money from you, who cares who they are or where they spend it?
What does it matter whether you're monetarily subservient to the US or Israel or the PRC?
I would prefer to be free from subservience to either and that is why I hold most of my liquidity in sats!
Regardless of which party is in office my country's government can't spend my money on what I want to spend it on.
If 'your money' is fiat then your government certainly can debase (arguably theft) your money by creating more dollars (or Yuan) out of thin air.
Bitcoin and gold are immune from such debasement.
While I accept the need and often positive role of government I am not comfortable with Zionist bankers or corrupt politicians ceaselessly debasing the currency they force upon citizens and that is why I hold most of my liquid capital in sats!
US military bases in Germany look increasingly irrelevant.
With the decline of the petrodollar extortion scheme are they even viable?
Keep shooting yourself in the foot.
People judge others by past performance and the USA is looking increasingly unhinged and dangerous while China looks like a safer bet to many.
Whether China will remain so I do not know or claim to know but this is how people think and react to past events.