Pretty sure everyone theorized that oil producing countries would be the first to demand bitcoin for oil purchases.
BottleTeams
npub18cxq...qz89
Pleb ๐พ
Running the score up
Military blockade to stop the sale of oil in anything but dollars
Nobody will report that
On September 16, 1992, known as "Black Wednesday," the British government was forced to withdraw the pound sterling from the European Exchange Rate Mechanism (ERM) after a massive speculative attack broke its fixed exchange rate peg. The crisis emerged because the UK was trying to maintain an overvalued pound against the German Deutsche Mark to meet European integration goals, despite suffering from a weak economy, high inflation, and low growth.
Financier George Soros, through his Quantum Fund, recognized the inconsistency between the UK's political commitment to the peg and its underlying economic reality. He led a market movement by building a short position against the pound that reportedly reached $10 billion. The Bank of England spent billions in reserves and raised interest rates to 15% in a single day to defend the currency, but the selling pressure was insurmountable.
By 7 p.m. on September 16, the UK government capitulated, allowing the pound to float and causing it to devalue sharply. The crisis secured Soros a profit estimated at over $1 billion in one day, earning him the nickname "The Man Who Broke the Bank of England". While a humiliating political defeat at the time, Black Wednesday is now often viewed as a positive turning point that freed the UK to manage its own monetary policy, avoiding the pitfalls of early Euro adoption.
How does the state control bitcoin?
If you don't understand I don't have time to explain


Trying to clear JDs name for his presidential bid. ๐
Don't take the bait, your digital gulag follows.
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At least my #bitcoin can get a boat through a war zone
Can we #zapathon a boat through the Strait of Hormuz?
They are scared
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Sneaking suspicion Iran might be the cover for the global debt default ๐ค๐ง
ITS COOKED
The world got a glimpse behind the curtain and nobody can cover that up.
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We might actually be at the point where it's not possible to print fast enough to keep up with the deflation.
What if there is so much deflation occurring that it's not possible to print enough money to cover it up?
It couldn't be more obvious the state is nearing its sundowning moment. The real question is who is going to fill that power vacuum?
The risk is not Iran war it's total confidence collapse in central institutions.
-1 Google claims they can crack SHA-256.
-2 Everyone has to "upgrade" addresses to be safe from "attacks".
-3 Govt and google can track the moved coins onto new "safe" addresses. Only accept BTC from "safe" addresses.
-4 you get de-anonymized or lose your wealth completely.
The first false flag attack on cyber space.
MFW they are pulling a Patriot Act on the time chain
Govt ๐ค Google
It's really all cooked.
This is how to bail out bad loans.
Buy a $1M home with BTC, home collapses to $250k. They keep your corn, you get a underwater mortgage.
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I bet coinbase will pass the yield on to users right!?
You're the stablecoin product.
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