Subnostr

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

mike 4mo ago

But he’s saying Bitcoin 😳

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Discussion

S!ayer 4mo ago

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

S!ayer 4mo ago

I could be entirely wrong about it though

mike 4mo ago

They hate Bitcoin.

I know game theory and all that, but even so 🤔