Subnostr

$elfish gene 2y ago

In 2010 it took me 24 kilowatts to mine to get 10,000 coins and buy two pizzas.

In 2023 I also need 24 kilowatts to get 7000 sats and buy two pizzas.

That's the stability of bitcoin!)

2 pizzas will always cost 24 kilowatts.

Replying to

Jason the Original

Your bellybutton is just your old mouth.

$elfish gene 2y ago

питание важнее разума...

Replying to

Jason the Original

Your bellybutton is just your old mouth.

$elfish gene 2y ago

значит сначала питаемся потом думаем???

Replying to

$elfish gene

I realized when we started to evolve...

When lightning appeared on earth, that's when the very life forces appeared!

When the organism was electrocuted it knew what to do next) then it created bitcoin and figured out how to electrocute others.

It sounds ridiculous but it is a fact)))

A fact of the logical chain of reasoning1!

$elfish gene 2y ago

The new credit formula will be just that...

The more you borrow, the sooner you have to pay it back.

and each time the time will be shorter...😐

Replying to

$elfish gene

The oil deal of the century, which casts doubt on the continued existence of the Bretton Woods system, has been terminated ().

U.S. leader Joe Biden, in just two years of his presidency, has managed to do the nearly impossible - to permanently divide Washington and Riyadh. The Saudis see the United States as a potential threat that could one day attempt to destabilize the situation inside Saudi Arabia.

Previously, it was assumed that the Saudis would sell oil for yuan, at least to the PRC. These arrangements were made last December, when Chinese leader Xi Jinping visited the Arabian Peninsula. These agreements were backed up by official statements from Riyadh and Beijing.

But the Saudis have gone further and already started selling black gold not for U.S. dollars, but for another currency. This already indicates that they have withdrawn from the "deal of the century. The UAE has done the same.

For example, Kenya - this country will buy oil from the Arabs for Kenyan shillings. Of course, not many people are familiar with the national currency of Kenya, but the fact remains that the Arabs have agreed to the shillings, since Kenyans have nothing else to pay with. Kenya today is experiencing great problems with dollar liquidity.

The crisis of the Bretton Woods system, spiced up with big problems of the American banking sector, determines the siphoning of dollar liquidity from all over the world to the US to support the financial sector. As we can see, the poorest countries have now taken the hit.

Simply put, Kenya simply ran out of dollars, but the Saudis and Arabs nodded their heads and agreed to accept Kenyan shillings as payment for black gold supplies. What makes the situation even more curious is that the Arabs and Saudis can't actually spend the shillings anywhere.

They jointly sell Kenyans about $900 million worth of oil products, and buy only a couple of million worth of goods in Kenya. In general, the lion's share of Kenya's shillings gained from oil sales will accumulate in the accounts of the CA and the UAE, gradually burning away in inflation, which, although small by the standards of African countries, but still amounts to 10%.

In summary we want to note the fact that the Saudis and Arabs, refusing to sell energy resources only for dollars, have created a precedent that has not been seen since the adoption of the Bretton Woods system.

This is certainly a demonstrative decision, the purpose of which is to get out of the oil deal of the century. Well, the Bretton Woods system is losing one of its main pillars before the eyes of the world. Arab oil will no longer support dollar liquidity, and for Washington, it is undoubtedly a blow below the belt.

Against the backdrop of this important event, there is the abandonment of settlements in U.S. dollars between Brazil and China. Russia and China, as well as with India. And this phenomenon is much more important than the bankruptcy of major U.S. banks. At stake is the collapse of the U.S. dollar system, without which the U.S. state is simply not tenable. All that is left to do is to shatter the myth of the invincibility of the American army, and we can put an end to Pax Americana.

Incidentally, Xi Jinping has already declared quite officially today that China is preparing for war. The country has begun mobilization activities, bomb shelters are being prepared, and the Chinese People's Army is being put on alert.

When evaluating your present and future investments and capital in U.S. dollars, you should understand that most likely your capital will not be valued in the U.S. dollars that the world has known since the Bretton Woods Conference, but in some other dollars. If the Arabs are selling oil for Kenyan shillings, something is seriously broken in the world.

$elfish gene 2y ago

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