Paris, France – February 16: in this photo illustration, a visual representation of digital … More
Wise spirits inside any presidential administration would quickly sell each barrel of oil currently stored in the strategic oil reserve. Forgetting a minute that there is nothing energy or energy political in the Constitution, why would the devil a government store a global commodity which, to be global, is always and everywhere accessible at a world price at a market price?
If the answer is that the nations can embar on us as they did in the 1970s, return to school. Or better still, do not return to school. The 1970s embargo did not prevent oil from reaching the United States. Embargos are symbolic as opposed to the economy. No matter what’s going on, the oil will flow.
What is true about oil is also true about cryptocurrencies. Why hell a presidential administration or a storage of the What is stored, to be stored digitally and worldwide, still be available at a world price at a market price?
It should be added that if a strategic oil reserve vandalizes the basic economy, we can at least say that oil constitutes a real and consumable wealth. Digital money is only digital money. It is not an instigator of wealth, it is only an effect of wealth. Why are the storage effects that are once again already available digitally and with a mouse click?
However, the Trump administration is setting up a strategic bitcoin reserve and a stock of digital assets. For what? What is strategic here? What would he do for us in an emergency? Although you cannot eat dollars or money from gold, they are at least tangible. What is strategic about a government stock of digital parts?
To which President Trump (or supporters of Trump) could say that the strategy of a bitcoin or digital asset reserve is that the federal government can start on the ground floor of a huge investment opportunity. Do you not know that Bitcoin is limited to 21 million pieces? They can only go up!
OK, if we do not know the historical volatility of Bitcoin in the two directions as well as the dangerous madness of the government’s investor, if we do not rightly care that the government is right or not on the future of the crypto, and if we can ignore how much the conception of a strategic and insane digital preservation will indicate that the conception of a strategic digital reference about a government entry. Crucial about the previous point is that it would be just as true if the reserve should hover in value as if the reserve was going to collapse.
Whatever the direction that the crypto goes, that there is a discussion discussed exposes how much the cryptocurrencies are limited as an exchange supports. This is how money is once again an effect of wealth. Nothing else.
Silver circulates wherever real wealth is like a mirror of the wealth produced. Translated, Money’s only objective is an agreement on the value of wealth producers which allows them to exchange a richness of value almost equal with each other. Yes, products for products with money as a measure facilitating heritage exchange.
Back to the reserve of digital parts, implicit in what vandalizes the reason is that the documents deposited in the “portfolio” of the digital reserve go up, go up and more. If it is true, good for those outside the government in possession of digital portfolios, and too bad for people outside the government with digital wallets assuming that the parts collapse.
Anyway, what is volatile is the anti-money. Precisely because products for products underlie all exchanges with “money”, volatile money or money that goes in a direction fails as an exchange medium. This means that the best that supporters of a strategic digital reserve can hope is soaring the prices of digital documents which reveal them as the opposite of money, how good someone could explain what is good to give to government funds with which to play so that they can have more money.
