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12-11-2023 , 11:55 PM
Lotta smaller countries will copy El Salvador imo
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12-11-2023 , 11:57 PM
Oil money countries coming in too. America won't like that.
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12-12-2023 , 12:18 AM
Quote:
Originally Posted by unit18
Lotta smaller countries will copy El Salvador imo
Quote:
Originally Posted by Ideal Money
Now the possible area for evolution is that if, say, an inflation rate of between 1% and 3% is now considered desirable and appropriate in Sweden, then, if it is really controllable, why shouldn't a rate between 1/2 % and 3/2 % be even more desirable? (The rate measured by the Swedish speedometer is determined in relation to a domestic CPI calculated for Sweden.)

Signs of the Times (Among National Currency Authorities)

...

Here Argentina and El Salvador can be mentioned.
Spoiler:
Quote:
Comparatively very recently a few countries in South America and Central America have adopted schemes that put them in positions analogous to those of Luxembourg and Liechtenstein with regard to the provisions for their domestic currency. Here Argentina and El Salvador can be mentioned. They are adopting (at least temporarily) expedients that put the value of their domestic money on a fixed relation to the U. S. dollar. And of course Panama has had such a situation for a long time previously.

This is not "ideal money" because the U. S. dollar is not an ideal standard for money value. But the countries adopting such expedients thus offer their citizens, at least for as long as they manage to or choose to continue it, a deliverance from a typical past tradition of national currencies of even less stable value than that of the (historically observed) U. S. dollar.

But if, for example, all of the countries of the world would base the value for their national currencies on the value of the British currency then this situation would appear singular and unstable, while it was not so singular for a lot of countries to base their currency value on gold.

So the United Nations building can be in New York and the IMF and the IBRD institutions in Washington, DC, USA, but these historical facts do not make the U. S. dollar a good standard of value which the managers of currency systems in other countries could justifiably exploit to permanently fix the relative values of their national currencies.

The metric system does not work because French chefs de cuisine are constantly cooking up new and delicious culinary creations which the rest of the world then follows imitatively. Rather, it works because it is something invented on a scientific basis and in fact, after Waterloo, it was not first accepted in France but rather in The Netherlands.
https://github.com/jalToorey/IdealMo...ly-Ideal-Money

Quote:
But if, for example, all of the countries of the world would base the value for their national currencies on the value of the British currency then this situation would appear singular and unstable, while it was not so singular for a lot of countries to base their currency value on gold.

So the United Nations building can be in New York and the IMF and the IBRD institutions in Washington, DC, USA, but these historical facts do not make the U. S. dollar a good standard of value which the managers of currency systems in other countries could justifiably exploit to permanently fix the relative values of their national currencies.
I think it also wouldn't be so singular for a lot of counties to base their currencies on bitcoin...and that managers of currency systems could justifiably permanently fix the relative value of their national currencies to it.

Last edited by jbouton; 12-12-2023 at 12:32 AM.
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12-12-2023 , 02:14 AM
Quote:
Originally Posted by NLOmahaHL
El Salvador is way ahead of 2028.

Can I get in at 38.55K anytime soon?
You’ve had like 16+ months to buy from 15-30k and everywhere in between.
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12-12-2023 , 02:23 AM
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Originally Posted by hansmolman
It could be today though too…..
not anymore
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12-12-2023 , 03:41 AM
Quote:
Originally Posted by jbouton
I think it also wouldn't be so singular for a lot of counties to base their currencies on bitcoin...and that managers of currency systems could justifiably permanently fix the relative value of their national currencies to it.

Hadn't really thought of it this way, but it really is going to just become digital gold and back everything. Entirely replacing the shortfalls of the previous gold standard, which was man.

I still like 'Everything is going to zero against bitcoin' better, though
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12-12-2023 , 07:06 PM
Quote:
Originally Posted by johnnyBuz
You’ve had like 16+ months to buy from 15-30k and everywhere in between.
And if you haven't noticed, itt, I've called some bottoms...

In a way I was claiming, that in the proximal moment, the lowest I see it going is 38.55K.
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12-12-2023 , 08:14 PM


"Here Argentina and El Salvador can be mentioned."
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12-12-2023 , 08:28 PM
bad day for tether truthers
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12-13-2023 , 05:29 PM
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12-13-2023 , 06:10 PM
https://forumserver.twoplustwo.com/s...&postcount=498
Quote:
Originally Posted by XPOST
Quote:
Built to enable an ideal banknote exchange for Central Bank Digital Currency, the IDEMIA secure offline CBDC wallet makes a highly secure digital cash experience truly available to everyone and at any time. This secure wallet allows a user to make consecutive digital offline payments with immediate settlement. The CBDC wallet user can initiate offline payments using any channel: contactless, email, QR Code, and the same terminals and standards currently used for card payments. The offline CBDC payments can be received by any device (secured or not), with or without an internet connection to the ledger.

https://www.idemia.com/secure-offline-cbdc-wallet

^^^ this is on point.

You can't do this technically. This is the problem satoshi solved.

Any solution proposed is purely a ledger controlled at the fed. Which is different than having a dollar bill.

Now we might not agree, especially because of the citation. But we understand my CLAIM?
^^ this is the new subject. the territory imo.

CBDCs are an implied claim. It implied they can and will do something that bitcoin does.

My opinion, work suggests, that when you scrutinize the technology and the balance sheet implications you see that CBDCs can't port the same layer of moniness that bitcoin resides on.

But you need a non-cynical view of bitcoin a good understanding of the m-layers of money to judge what I'm saying (I would like it to be judged).
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12-15-2023 , 09:13 AM
I created an Exodus wallet and transferred some USDT to it. If a poker site tells me they use ERC-20 for USDT deposits, I can send/deposit USDT from Exodus through the Polygon network, correct? Just asking because I cannot test it with a tiny amount, since that will affect my first deposit bonus.
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12-15-2023 , 01:47 PM
Quote:
Originally Posted by Sheep86
I created an Exodus wallet and transferred some USDT to it. If a poker site tells me they use ERC-20 for USDT deposits, I can send/deposit USDT from Exodus through the Polygon network, correct? Just asking because I cannot test it with a tiny amount, since that will affect my first deposit bonus.
There should be threads for these questions with serious rules.

But your question isn't a bitcoin thread and people here could have a lot of experience with bitcoin and not know the answers to your question or much about the content.
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12-15-2023 , 06:18 PM
Quote:
Originally Posted by Sheep86
I created an Exodus wallet and transferred some USDT to it. If a poker site tells me they use ERC-20 for USDT deposits, I can send/deposit USDT from Exodus through the Polygon network, correct? Just asking because I cannot test it with a tiny amount, since that will affect my first deposit bonus.
talk to customer support, even after the give you the a-ok confirm with them and have them repeat what's what to ensure they actually understand it
Bitcoins - digital currency Quote
12-16-2023 , 12:47 AM
Quote:
Originally Posted by Sheep86
I created an Exodus wallet and transferred some USDT to it. If a poker site tells me they use ERC-20 for USDT deposits, I can send/deposit USDT from Exodus through the Polygon network, correct? Just asking because I cannot test it with a tiny amount, since that will affect my first deposit bonus.
Use the Ethereum thread, but....

I assume your USDT is on Ethereum, not Polygon? Does Exodus support Polygon? If it's on Ethereum, you're going to need to bridge it to Polygon before you're able to send it to the poker site. However, if the poker site also accepts Ethereum USDT, you may as well just send from there, which will be cheaper tx fee than the cost to bridge it first, then send.
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12-18-2023 , 06:47 PM
You know what’s interesting these days?

Bitcoin.
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12-19-2023 , 09:30 PM
Yet ANOTHER SEC/Blackrock meeting today... this thing is gonna be done soon.
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12-20-2023 , 02:12 PM


I can hear a train a comin...
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12-20-2023 , 03:02 PM
Choo choo
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12-20-2023 , 11:00 PM
It's rollin' round the bend
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12-21-2023 , 12:10 AM
Thread about to get ACTIVE.
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12-21-2023 , 12:19 AM
It’s responsible to have a big bag of stables but I kinda think The play is actually have that bag on AAVE in eth or btc, and when there is a dip, get your stables from there. Gotta be exposed now
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12-21-2023 , 12:57 AM
Been marinating on this lately. Not many understand the 'priced-out' aspect of bitcoin. Right now, the lower class is being priced out of ever owning .05-.1 bitcoin. Soon to follow will be the middle class. Then the upper middle class. Once the 22.7 million millionaires in the US get priced out(liquiditally speaking) and there are only 450 coins being produced a day for the entire world, things are going to get a little SPICY.
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12-21-2023 , 01:14 AM
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Originally Posted by 27offsuit
Been marinating on this lately. Not many understand the 'priced-out' aspect of bitcoin. Right now, the lower class is being priced out of ever owning .05-.1 bitcoin. Soon to follow will be the middle class. Then the upper middle class. Once the 22.7 million millionaires in the US get priced out(liquiditally speaking) and there are only 450 coins being produced a day for the entire world, things are going to get a little SPICY.
No one is priced out. Can get whatever fraction you can afford. And with ETF, will be even easier for the average person to get a small slice. Shares of Canadian bitcoin ETFs are sub $10.
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12-21-2023 , 01:22 AM
Quote:
Originally Posted by 27offsuit
Thread about to get ACTIVE.
Why ?
U predicting a huge spike (i suppose ?) on what ?
The etf story been out a long time , no ?
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