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In light of sanctions, Russia teams up with China to ditch the dollar

Posted: Tue Mar 01, 2022 12:45 pm
by Das Troll
https://www.atlanticcouncil.org/blogs/e ... arization/

The dollar is the worlds reserve currency, largely because of it's stability. What happens when a good portion of the entire planet stops using the dollar? Some people say that crypto is in perfect placement to gain a surge of value in the next coming years. I for one think that idea is a huge gamble, with a huge pay off. Something to look into if you're wondering on if you should drop a massive chunk of change in crypto. The Chi-coms are on and off with crypto like BTC, I personally think it's to control the value of it to a degree.

Take what you want from this, I think crypto has a long LONG way to ride before it even comes close to being tired.

Re: In light of sanctions, Russia teams up with China to ditch the dollar

Posted: Tue Mar 01, 2022 1:02 pm
by Enigma
I think ultimately we'll go to crypto but not for a very long time.

Re: In light of sanctions, Russia teams up with China to ditch the dollar

Posted: Sun Mar 06, 2022 11:49 pm
by kriptopoulin
yes agreed with the @enigma we should go with crypto but not for a very long time but also we can inivest in the gold.

Re: In light of sanctions, Russia teams up with China to ditch the dollar

Posted: Sun Mar 06, 2022 11:58 pm
by Das Troll
kriptopoulin wrote:
Sun Mar 06, 2022 11:49 pm
yes agreed with the @enigma we should go with crypto but not for a very long time but also we can inivest in the gold.
Gold is always a solid investment, but often times it's too expensive. I suggest silver for those who don't have hundreds or even thousands of dollars to buy an oz of gold. There are gold services out there that allow you to sort of buy gold on lay away (if you remember that old practice). I'm apart of one that you can sign up for 2.5g of gold. You pay 50 dollars a month until the price of 2.5g of gold is met. This pretty much allows you to set it and forget it. One day they send you a little chip of gold in the mail.

Silver however is still cheap enough to where you can go buy some fine silver rounds for a reasonable price or even junk silver if that's your thing. But right now, crypto is a good investment if you have the cash and the balls of steel needed to see this global crisis through. The last big crisis like this was covid and i turned 600 dollars into 6000 dollars inside of a year.

Re: In light of sanctions, Russia teams up with China to ditch the dollar

Posted: Mon Mar 07, 2022 5:36 am
by Enigma
I always forget about silver. You can hide that shit in near plain sight too