Nostr

FYI lots of trade is already taking place in RMB.

Bitcoin is not even near the stage where it can be used for cross border trade. We're still too early for that (if it ever happens). That's why we can buy sats so cheap.

Can I see Bitcoin being added as a reserve asset alongside gold? Of course. Do I see international trade in Bitcoin anytime in the next 20 years? No! I'm not gonna delude myself.

pipe 2y ago

I am aware of the remnibi (ruble, rupee, rand, etc.) trades. I'm saying that it's a trade down from a fiat shitcoin to an even-worse fiat shitcoin.

Buy Bitcoin.

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Discussion

Hindu 2y ago

Arguably the RMB/INR are better than the Dollar. The dollar is just a dishonest middleman enslaving the global south.