EVERGRANDE FACES DISSOLUTION TOMORROW. GLOBAL BANKS HOLD NEARLY $1 TRILLION IN #BONDS AND LOANS OF EVERGRANDE. IF BONDHOLDERS ON DEC 4TH DONT ACCEPT EG'S POOR SOLUTION, EG WILL BE FORMALLY DISSOLVED. ALL REMAINING ASSETS WILL BE SOLD OFF EN MASSE LEAVING AS LITTLE AS 0% TO 5% REPAYMENT TO DEBTORS😆
(twitter.com)
💥 BANK COLLAPSE 💥
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (62)
sorted by:
Bitcoin is not tied to the dollar. It's value is measured in dollars, just like gold, but that is only because the dollar, for now, is still the world reserve asset. When the dollar goes to zero, bitcoin will stand on its own. At that point every other asset on the planet will be measured in terms of bitcoin, because it is objectively the hardest representation of work in existence.
And the fact that it is trackable is a benefit, not a drawback. Imagine if the public (anons) could track, on an incorruptible public ledger, every transaction that the government makes, and every sat that flowed into or out of the bank accounts of politicians and their families. Wasn't there a Q drop hinting at that idea?
If the gov is trackable on that scale - wouldn't we be?
This guy gets it.