My new motherboard
Iraq is moving away from Dollar to Digital Yuan. This was expected and big news.
Dollar hegemony is the dominance of the US dollar in international trade, finance, and economics. The US dollar is currently the world's primary reserve currency, meaning that it is held in significant amounts by many countries' central banks as a form of global financial stability and method for global trade. eg Oil etc
Now the US has made many enemies eg Middle East, Russia, China, and those countries who align with those regions.
Add to this the fact that many countries are dropping US Treasuries - and some are going off the Dollar / IMF reservation eg El Salvador - things are going to change.
Less demand for dollar plus less reliance on dollar will reduce demand for the dollar which will weaken the dollar.
As china grows, a new giant will emerge eg Yuan - the dollar will weaken esp China are aligned with countries that are strong in natural resources
Future power will come from hard assets and commodities eg Oil, Gold, Bitcoin, Copper, Silver.....
Then finally - Crypto will disrupt traditional payment systems one day!!!
Conclusion: the gig is up for perpetually inflating FIAT currencies - when this happens is the Q.
People often ask, why should you run your own private Nostr relay? It's simple. You run a private Nostr relay to backup your own data. This puts you in control of your own data. This prevents you from getting censored or rugged. If anything happens to the relays that you use, you can re-broadcast or transmit your data to other relays if so inclined.
Tools exist in various capacities to accomplish this, but I'll recommend 3 that I've used.
The shadowy super coder route:
https://github.com/cameri/nostream for command line ninjas.
The pleb route:
Umbrel and Start9 both have one-click relay options. Umbrel's is probably the best.
Have installed a relay on my umbrella and connected with Damus, works! Added tail scale as well 👌
Never had it installed…..
Just hit 150 followers. Let's test custom zaps in Amethyst. Come say Hi and I'll hit you with a zap!
Hi will zap you as well 😀
?cid=6c09b9525q53mvu23oqapt30fpjbwpnlsixfuwpdr2jwmgi6&rid=giphy.gif&ct=gBNB coming in .....
