Yeah around 2024, China moved a substantial amount of gold to the UAE, most likely through ICBC, for use in inter-BRICS trade.
Ultimately gold back Rinminbi. I believe they've done a few billion worth in trade since 2024
But he’s saying Bitcoin 😳
Yeah probably promotion of some sort, but there's no data to say that they are. Especially China looking to buy Bitcoin above 100k, doesn't seem right
I could be entirely wrong about it though
They hate Bitcoin.
I know game theory and all that, but even so 🤔
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