Student of Bitcoin & macro, trying to live a healthy life and managing stress through BJJ, strength training, meditation and at least 8 hours of sleep.
Last year I read the book "Winter is coming - why Vladimir Putin and the enemies of the free world must be stopped" by Russian opposition figure and former world chess champion @Kasparov63 .In the THREAD Below are the quotes from the book which stood out the most.
This is huge, India are literally taking a play out of China's playbook (Belt&Road). Curious what would China's reaction be. @LukeGromen, care to share thoughts?
India is getting in on the action. ๐ฎ๐ณ
The Commerce Secretary of India said the country is prepared to conduct trade in Indian rupees with nations experiencing currency failure or a shortage of dollars.
He says this will help "disaster-proof" them.
India is prioritizing efforts to enhance the rupee payment system.
Reminder:
So far, eight countries have opened an SRVA to facilitate trade in the Indian rupee.
1. Sri Lanka
2. Mauritius
3. Malaysia
4. Singapore
5. Myanmar
6. Israel
7. Germany
8. Russia
In late 2022, the RBI Deputy Governor said that the country has to take risks for rupee internationalization for India to progress to be an economic superpower.
Currently, India and the UAE are collaborating on developing digital currencies.
Also, they are exploring the development of a mechanism that efficiently mitigates exchange rate risks in the proposed rupee-based trade between India and the United Arab Emirates.
We also discovered that India and Saudi Arabia are collaborating to establish an investment bridge and are exploring bilateral investment exchanges.
They are making big moves.
@SahilBloom I noticed sth very interesting - once I felt confident enough, I no longer felt ashamed to show weakness. It looks like the chicken and egg thing and I am not sure which comes first - the confidence or the realization that you can't be strong all the time.
"You always have 3 options. You can change it, you can accept it or you can leave it. What is not a good option is to sit around wishing you would change it, but not changing it, wishing you would leave it, but not leaving it, and not accepting it...