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?
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 saw that on an article about the MiG switch before it came out and it was saying at the time that you could still fake certs and Nintendo didn’t have a monitoring system in place for it.
I’m sure they’ve changed it now though especially from that other users comment you replied to but was halfway hoping someone might tell me it was still possible.
Are you saying that increasing prices of a good or service to the point where people don’t want to pay for it anymore doesn’t contribute to a rise in black market sales and distribution of the good or service?
I think you’re mistaken.
Huh I wonder if they’ll ever figure out the correlation 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.
Dude yes I remember you could race the entire race on Wacky Racers with the controller. Felt so ahead of its time.
So he killed a dude And they sent him back to the youth home? Are they just stupid or what?
I didn’t realize it had started working again thank you!
https://adst.org/2016/10/2000-presidential-election-florida-recount/
Except this one time pinky swear. Also the electoral college can override any vote the peasants cast.
https://adst.org/2016/10/2000-presidential-election-florida-recount/
Here’s a good example of a time that it didn’t and they made up the results anyway. Mix that in with the electoral college and you got yourself a worthless voting system.
Anti-Cheat is just spyware. That’s it. Cheaters will always break it and they do, constantly every single day.
Lol theyre gonna make it $14 and cut it just under half. It helps I guess but Its funny how theyre like $3 (or $14)
Nope, still a puzzle says the business owner. We just have no idea what could be doing this.