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Originally Posted by Guest
Monetary markets are not always completely rational. Bitcoin has value, it's a sign of how desperate we are to have a form of currency for trade. I don't think Trump rants have anything to do with the value of the dollar. China buys dollars and Euros to have a currency available and respected around the world in case their is a run on the yuan. China will become the largest economy in the world, that said if you lived in Norway would you care the Norwegian economy is insignificant as long as your standard of living was pretty dam good.
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Bitcoin has NO value. It's a string of numbers. As long as "the bitcoin system" is running, THEY give it value. But once that goes away...so does Bitcoin.
Quote:
Originally Posted by Guest
Just follow the history/tracking of the US$ and one can see very quickly it's position has little to do with who is in the WH.
And of course the partisan loyals will parrot what they are directed to say....regardless!
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Of course...presidents don't RUN anything...they are figure heads...talking heads. The "system" runs things. The whole "government" thing is a charade...
The wealthy put the people they want in office by NOT offering ANY choices. You can "pick" one of their pre-selected lackeys. The D or the R...but that's it.