Post
Topic
Board Economics
Re: People keep talking how weak dollar and how bad usa economy getting
by
komisariatku
on 29/08/2023, 09:03:51 UTC
Although we prefer decentralization in financial matters because we have full control over our assets.

Yes maybe for us it is the best. We have control over what we own. But assets/money is a source of power, I'm sure the government doesn't want something like that. If they can't manage their finances (because of decentralization) then they (the state/government) have no power. In my opinion, the two main strengths of a country are the military and money. They must always control those two things, if they don't have one of them then their strength will be crippled

So to this day, I still believe that bitcoin will never become the main world currency. My hope is that bitcoin will become the world's alternative currency

.... I prefer a multipolar world, power is divided equally rather than just focusing on one individual. Because they will abuse power to do what they like without caring what other people think.

I agree with you. I think it's the best that way. If the BRICS can be strong then it will make the antithesis of the USD. Such conditions might be good because there is no absolute power, but it could also trigger a third world war