A dilemma at hand? Bitcoin and USD/Yuan! World Reserve Currency- Economics

Hopefully this starts a great conversation~

Let's stick to the economics and politics and how BTCitcoin is being affected?

Economics are politics, if you control economics you control politics, control the weather (GeoEngineering, HAARP) and banking system you control it all~

As we have seen Gold has skyrocketed recently, Westernized countries are battling together against the Chinese run on the dollar, $50 Billion has been dumped by the Chinese into Gold. Europe recognizes that if the dollar goes down, their banks will go down. According to treasury data 60% of EU reserves hold $USD.

"You bail us out, we bail you out!" We've seen this fail!

When a city goes bankrupt, the county bails them out, when the county goes bankrupt the state bails them out, the state goes bankrupt, who bails the federal government when they go bankrupt? Global economic reset? I think Yuan will be the new world reserve currency.

http://www.bloomberg.com/news/2014-02-28/china-yuan-set-for-worst-month-in-20-years-on-band-widening-bets.html

I understand last March we had similar issues, but this does not seem like something 'seasonal' as before!

Thanks for reading!

Topic: A dilemma at hand? Bitcoin and USD/Yuan! World Reserve Currency- Economics (Read 809 times)