$boost
The #Chinese are subtle clever people. You can't help but love them. They hold a lot of #US dollars and #dollar #debt. Which is becoming less and less valuable with time.
On the other hand #Bitcoin is becoming more and more valuable with time. So in essence they're exchanging their less valuable US debt, for more valuable Bitcoin.
You see, they don't want dollars used for currency inside their country. That could hurt the value of their own currency, and limit their ability to use their currency in combination with their social credit scoring system.
Similar to what the Western #elites want to do with #cbdc's. This is just a tiny portion of their total plan to capitalize on US debt.
As I said you can't help but love them. At heart I think they're very good, sweet people. The best the US and Wall Street seems able to do is rip off the owners and users of Bitcoin with outrageous #transaction #fees.
And also filling the blockchain with garbage like #ordinals and #inscriptions. You know the story. They make their money by murdering you, then stealing it from those of you that worked for it..πΊπΉπ€π°πΈππ
