Janet Yellen has said she fears U.S. financial sanctions will reduce the role of the dollar around the world, as Russia encourages the use of bitcoin and crypto...
There's a Marxist case for bitcoin performing well, but it's irresponsible to make it here imo. The writing has been on the wall for a while though. Where else can funds flow in the west but into fictitious capital? The Dengists won.
There's a Marxist case for bitcoin performing well, but it's irresponsible to make it here imo. The writing has been on the wall for a while though. Where else can funds flow in the west but into fictitious capital? The Dengists won.
What a Chad.
It's a combination of fictitious capital and a relatively well established system for doing transactions outside the dollar.