See this was what I was really wondering. Some cryptp like Dogecoin and Monero have unlimited amounts that can be mined and while certainly not practical in my mind I was 100% thinking why not just mine a fuck ton of Doge or something and have it agreed upon that that is the international trade money.
I do see how converting it into a fiat currency would be problematic though but in that case wouldn’t gold or silver also he able to be utilized?
The points do make sense. But I mean at that point why not just use the crypto solely for international trade with other parties going the same thing?
Especially using the one that can’t be traced or tied back to any entity (Monero)
At that point it seems it would be trivial to convert into cash but also why would you have to if you could just use it between countries like that.
I mean I know people hatecrypto here but even they have to admit it seems like a better idea than getting no money through at all.
Lol well this depends on the crypto used and its hard to think that bank fees of any kind would be better than to just pay the fee to speed the transaction up.
Also, presumably they would use dummy wallets and not send amounts from their cold wallet with the full amount on it.
Idk, just seems like they deserve the trouble at this point if they can’t utilize the ways around it.
Not flexing. Its a way to make decentralized payments.
Why would they not utilize it more? I saw that Russia said they would and then they just keep talking about banks not accepting the cash.
Why would they not just use cryptpcurrency at this point?
Like, there is a solution right there. I don’t support either of their governments btw but I mean come on, the answer is right there
I definitely understand that but it is quite an important nuance of the topic to discuss especially considering the USA is threatening to ban Tik Tok for this reason and yet, allows all of its American companies to do the same.
I get whataboutism and all that but when it is directly being affected by the rest of the conversation I feel like its important that the information does get talked about.
Lol gotta love all those down votes you get for telling the truth.
Its a good thing the second amendment doesn’t just include a clause for hunting! People often forget it says
“A well regulated Militia being necessary to the security of a free State, the right of the people to keep and bear Arms shall not be infringed.”
Lol nope, I hate both of the old out of touch fucks they give you the choice of. Not telling you or anyone else not to vote simply saying, Of course a politician does something good they could have done the entire time they were in office for years before this months away from an election.
However, although I agree with you on biden being a better choice he is far from a GOOD choice. And everyone acting like that isn’t true is also trolling. Sure vote for him over the literal tyrant, but we still should acknowledge that it is abaolutely fucked up that they have let this become the only two choices. That part is what people should acknowledge. I’ll vote for dude but its literally like voting for the piece of shit that stinks just a little less. Its crazy that its this way.
Anyway, I was just simply saying that yeah of course dude waits until 4 months out to help the little guy for votes. They all do this and always have, but since you seemed to be curious on my opinion further than that, there it is.
Ah, now we change our tone 4 months out from election.
Good, this is an overreach from the government and I’m glad they’re being called out on it.
I agree, but the shareholders want more money!
“They could have not gotten invaded if they just gave up their rights to protect themselves!”
Surprisingly a lot of them on the Lemmy communities are also trans.
I’m not sure they’re aware how LGBT people are treated in those countries. Either that or just willful ignorance I guess
He can’t hear you he’s too busy sending them more weapons and support.
For real lol just a nice diversion to distract everyone from the real problem.
But are they not warned about this exact scenario? They definitely should be.
If the govt knows that happens then they should warn them says they gave em weed and an apartment building. If you warned the kids about that they would know “Hey if you accept that you’re going to have to kill someone”
Reddit 2.0
Ok but the government seems to have let it happen.
Yeah, mixing violent youths with kids who just don’t have families seems to have consequences.
I disagree with the kid being a victim though. Even a 5 year old knows and understands what death is.
But all this is assuming they want to convert it into another currency at all, I was thinking why not just use it in that form for international trade although some of the other comments have explained the dollar amount equivalent wouldn’t be able to exist right now due to mining limits.
But why not use a combination then of crypto, precious metals, and just straight up raw currency. I mean if chinas bank doesn’t want to accept it they could just ship a container with money in it directly to them right?
I mean criminal enterprises move BILLIONS all the time without banks so I don’t see how its so hard for two of the larger nations in the world.
Edit: I’m guessing the conversion into the Yuan would betheissue with sending them straight up cash huh?