Quote from: stompix on March 16, 2024, 11:14:40 PM

Quote from: cryptosize on March 16, 2024, 05:17:42 PM

According to Davos it seems that China will be No1 (double GDP) by 2030:
https://www.weforum.org/agenda/2019/01/india-will-overtake-the-us-economy-by-2030/

Look better at that chart:

PPP, or the way to tell poor people eating a loaf of bread in the slums of Lagos is the same as Buffet having a golden sprinkled wagyu steak in Manhattan.

By PPP Egypt has a 2 trillion economy, by USD or, well Bitcoin, it's only 400 billion.

Are you American or what?

It says "Top 10 countries by nominal GDP in 2030"

https://finance.yahoo.com/news/ubs-survey-china-world-superpower-185949233.html
https://www.dailymail.co.uk/news/article-6575793/China-worlds-largest-economy-2030-India-surpass-U-S.html
https://www.youtube.com/watch?v=jo1PiiVEfGQ

It seems you enjoy being a contrarian a la Franky...

Quote from: stompix on March 16, 2024, 11:14:40 PM

Quote from: cryptosize on March 16, 2024, 05:17:42 PM

Of course it won't be easy, they'll have to capture Taiwan (TSMC) first to become the leaders of Digital Transformation/AI revolution...

TSMC is nothing with ASML, and good luck in invading the Netherlands.

Sure thing, Chinese are pretty good at reverse engineering stuff. I thought that was common sense. That's why Made in China products are ubiquitous .

It seems you have "forgotten" this for some strange reason:

https://www.reuters.com/article/us-asml-holding-usa-china-insight-idUSKBN1Z50HN

Care to explain why Trump was worried about China getting their hands on ASML equipment? Roll Eyes

Also, keep in mind 99% of solar panels used in the EU are made in China.

Wanna know what will happen to the green transition if China stops exporting solar panels to the EU?

It seems you're totally clueless when it comes to geopolitics and 4D chess. EU is already struggling with LNG, let's not make it even worse than it already is, shall we?

China has everyone by the balls and it's West's fault for outsourcing the manufacturing to East Asia.

EU cannot even manufacture a modern chip foundry to compete against TSMC... Dresden used to have a high-end AMD factory back in 1999-2000. Those days are long gone.

Quote from: stompix on March 16, 2024, 11:14:40 PM

Quote from: cryptosize on March 16, 2024, 05:17:42 PM

Historical patterns indicate the USD is already a grandpa waiting to be phased out vs BTC being a baby:

Those patterns have all the same story, the main power falling in a war against another continental power.
Now, based on those patterns, how do you see Mexico or Canada faring in a war against the US?

A "continental" power is necessary? Says who? Especially in a globalized and increasingly digital world... this won't be a traditional war, unless you expect they/them trannies to fight in WW3. Cheesy

Come on, it's China vs USA. Everybody has figured it out, expect you it seems:

https://www.telegraph.co.uk/news/2021/03/10/china-could-invade-taiwan-2027-top-us-admiral-warns/
https://www.youtube.com/watch?v=KiaukPUV6Hg&t=1622s

Great Reset tells you nothing?

Ancient Romans also had lots of faith in their empire... that aged well.

I don't expect anything to last forever (including Bitcoin), but as I said BTC is still a baby, not even an adult. Still a long way to go.

I'll never understand geriatric Bitcoiners who put so much faith in a declining empire. Huh

Have you invested in 401k or what?

I also suggest to study this one:

https://www.brandonquittem.com/bitcoin-rhythms-of-history/