TT, the Transaction Tax - the simpler tax, the less govt control.
Solution will never be cryptos, but blockchain tech will be useful on fiat governance.
History has been proving:
The Peace nation built their "business bases (China Town)" everywhere in the world for the business and pure capitalist mindset.
While the War nation keeps building their military bases to control the others.
I've had and still do have a huge respect for Prof. Sachs, but this comment of his is wrong I must say...
The war nation isn't just for their hegemony in the region but for the entire globe.
Didn't they say, all others are simply slaves for them?
@JChengWSJ@Lingling_Wei@schwartzbWSJ@meridithmcgraw@wsj_douglasj Yes but that wasn't about the phone call was it. That is only outcome of it.
What actually triggered Mr. Xi's very unusual phone call is the journalism!
The phone call must've been either asking a huge favor or telling a final warning.
That urged Mr Trump pushing Ms Takaichi.
@ZhaiXiang5@JapanMissionUN@antonioguterres The Japanese use 漢字 as their first official writing system.
The JP define 呉服 as their formal clothing.
The JP had used China's 銭貨 as the most trusted money, before Bank of NY (Fed) started printing JPY.
Their belonging swaps or flips at their convenience of the time.
@great_martis "Last day of the sell-off before we witness reprieve."
You are saying this's hit the bottom? What do you mean by "reprieve" exactly because you can interpret anything as it is.
The last day's candle looks too short to be the "last day" after this type of rapid fall in my view.
Epst. Coin, BTC has been revealed as a centralized token project.
Whales have been selling, insiders are desperate to sustain the price...
How about crypto bros, the decentralized fans?
@KobeissiLetter So something large missing here.
For example, the long rumored Epst. Coin, BTC has been finally revealed.
Looks like Trump has perfectly fallen into the "Bitcoin Standard" trap, via his son, plotted by the opposition.
Obviously this isn't about the dumb left/right politics.
@frairaiboi@zhao_dashuai I meant writing in alphabets.
For example in Japanese, the English name, Lisa can be written as Risa but pronounced the same. Hence the letters "R" and "L" are replaceable.
Maybe not in Chinese - I just don't know.
@frairaiboi@zhao_dashuai Rs/Ls are sometimes replaceable in Asian languages, so I guess Ruuchuu and Liuqiu sound pretty close I guess.
I'm guessing "Ryukyu" language is more like a Chinese regional one.
Anyway, the southern China and Ryukyu/Taiwan were one of the Chinese regions to me.
@KobeissiLetter Can't say?
Ok, I'll give you the number, around $39K/BTC next year.
That's a "bottom" for a few months to a year. If no pump agenda next year, you'll see below 10K 👍
@SpencerHakimian Yes, and let's not forget their plot, cryptos.
Happy to see the Epst. Coin aka BTC, the Wallstreet's another too, vanished from the planet completely.
@KobeissiLetter And more, the RE sanctions will sink the War-states.
Wallstreet will go correction - a slow burn but deep, starting to see all these in 2026.
Btw, not cryptos at all, but the blockchain tech will flourish no matter what.
@KobeissiLetter So something large missing here.
For example, the long rumored Epst. Coin, BTC has been finally revealed.
Looks like Trump has perfectly fallen into the "Bitcoin Standard" trap, via his son, plotted by the opposition.
Obviously this isn't about the dumb left/right politics.
Trump approaching the Crypto industry may be disastrous for the industry, especially for BTC.
Oppositions with the influences over the financial markets will try to damage Trump's supporters financially.
BTC is becoming a great tool for it, worse when/if Trump wins.
When China sanctions War-nations for the things like RE restrictions, they've already staged on the change.
I suspect "dedollarization" isn't just an aim but it's on its way with the days numbered.
The Chinese knows what democracy is.
Whereas in West, democracy is about 'voting'.
Not only that, West even try discoursing what democracy is. How blind West are.
“In China, the rich people don't dictate government policies”
China does not overthrow foreign governments to destabilize countries nor does it invade to steal the resources. It's rise is based on peaceful development and mutual growth.
A Bitter Reality!