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Silent analyst of all things political and economical.

Migrated article from Twitter

Citibank report “Money, Token, Games” an outlook on cryptocurrency

https://ir.citi.com/gps/MG9DEWhoYvQJVWLM9Kr3%2BZmqjoztKJcyNHr83F9Wug2pzAGHPQKfp23RAMrkNts%2FJitXoTNqufOvegUjjXh0IA%3D%3D

THINKING OUT LOUD:

If the BRICS is planning on rolling out a cryptocurrency backed by gold, where does Bitcoin fit in this global picture? A hostile West and a gold backed stable coin in the East.

Why is Bitcoin now viewed with favor by China who was not very fond of it initially?

Why is Bitcoin now viewed positively by a group of nations planning to roll out a cryptocurrency backed by gold?

Reference

https://markets.businessinsider.com/news/currencies/dollar-dominance-russia-iran-gold-backed-stablecoin-crypto-2023-1

Why the hell do I have to slave away in the office for a piece of paper that our government can print in a moments notice? How the hell does this concept make any sense? #Bitcoin

https://m.youtube.com/watch?v=e9dZQelULDk&pp=ygUOUmF0IHJhY2UgdmlkZW8%3D

Story of Sisyphus and it’s similarities to human civilization…

In Greek mythology, Sisyphus is eternally punished by rolling a boulder up a mountain, only for it to roll back down. Similarly, human civilization resembles a fool rolling a boulder up a hill, thinking they've achieved greatness, only for it to roll back down again. However, the silver lining is that each time mankind attempts this, they learn something new.

Therefore the true value that is generated after each attempt is knowledge.

https://nostr.build/i/nostr.build_8ad0b4179fe0f18fe62f25e479a86283bb4122097b1af89b7db896e904157a16.webp

Prometheus giving Satoshi the idea of Bitcoin to save man once again a from excessive greed and financial slavery to which he is bound. In the original Greek version it was fire that was given….

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