Replying to Avatar Habanero

They want dollars... badly. As a bitcoiner it is hard to admit that price stability has massive value because it allows economic actors ( businesses, employees, suppliers, ect.) to forecast, plan, and manage risk into the future... without stability of the medium of exchange you can't coordinate an economy for any useful length of time. Dollars as currency will give their economy a huge boost.
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mleku 2y ago

the two best currencies now are USD and BTC. bitcoin price has been super stable for months now.

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Habanero 2y ago

For an exceptional medium of exchange you need long term stability, so you would want to ground that currency in the most stable thing you can find... I would say the human consumption of energy is your best bet.

US financial planners were pretty smart when they engineered the petro-dollar, and I believe bitcoin is on a similar path by becoming intrinsic to electric grid stability. In my view bitcoin should reach price stability when the majority of electric grids are underpinned by bitcoin. Bitcoin will become the electro-dollar.

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mleku 2y ago

USD no longer has a monopoly on anchoring a money to energy.

the poor bastards whose lands have been colonised by these fucks are about ready to bomb their energy robbery scam to the stone age, even if it kills every last one of them.

eventually the sins of the father will be avenged.