I just read a couple of interesting thoughts on finance and money…
“The essence of finance is time travel. Saving is about moving resources from the present into the future, financing is about moving resources from the future back into the present” Matt Levine
This was just a different way for me to think about finance.
and,
“A good working definition for money is, anything you can pay your taxes in.” Jacob Goldstein.
It made me wonder how long until Governments accept bitcoin as payment for taxes?
With the latest coming out of BRICS I wonder if this will be sooner than we imagine.
It also makes me wonder if BRICS understand that by adopting Bitcoin they undermine their entire power structure but at the same time they are also undermining the entire power structure of their enemies?
Has Bitcoin just become, thy enemy of my enemy, is my friend, for the BRICS alliance?
Has getting out from under the global financial dictator (U.S.A.) become more important than holding on to dictator powers in their own nations?
…Yes, I know not all BRICS nations operate under dictatorships…