Russia & China bypass USD - page 2. | Bitcointalksearch.org

Harley997

sr. member

Activity: 266

Merit: 250

Quote from: Ron~Popeil on May 24, 2014, 01:12:01 AM

The last two countries to try this were Iraq and Libya. Thankfully the American people don't have the stomach to allow our government "bring democracy" to these newest offenders.

This would not be military feasible. If the US were to declare war on both Russia and China then they would likely become allies and we would likely not win

tabnloz

legendary

Activity: 961

Merit: 1000

I think there is a designated decline in the USD.

The game is up and the US implicitly acknowledges this; hence the gold stacking from central banks across the world. They'll never repay their debt and QE has not worked.

Further the big banking and finance stuff has been co-ordinated since the financial crisis and so countries have recently begun set up currency lines without remonstration. This is part of the move away from dependence on the USD.

The BRICS have been agitating for this for a while now, the US has sided with Iran and not the House of Saud in Iraq, Russia and China are doing direct deals, trusting their own currencies and not using the reserve currency as their will be no consequence - it wasn't long ago that this would have been a major shot across the bow.

arbitrage001

legendary

Activity: 1067

Merit: 1000

China already have bilateral currency agreement with some countries to by pass USD.

http://en.wikipedia.org/wiki/Internationalization_of_the_renminbi

Isn't it interesting to see Ukraine is on the list also? May be US will pick their next target on the list.

okthen

hero member

Activity: 490

Merit: 500

This is great news for btc!
Dollar down, bitcoin up!
Let's see if Russia and China realize that getting into bitcoin would also help bypassing the dollar...

Jonton

newbie

Activity: 42

Merit: 0

Quote from: SunBin on June 20, 2014, 12:01:54 PM

Quote from: bitsmichel on May 24, 2014, 06:08:58 AM

Quote

The last two countries to try this were Iraq and Libya. Thankfully the American people don't have the stomach to allow our government "bring democracy" to these newest offenders.

The US cannot start war with Russia and China at the same time, its not a strategic decision.

Arrogance will make country/leader do foolish thing.

No way. Maybe there are some map exercises about such a scenario.

SunBin

full member

Activity: 151

Merit: 100

Quote from: bitsmichel on May 24, 2014, 06:08:58 AM

Quote

The last two countries to try this were Iraq and Libya. Thankfully the American people don't have the stomach to allow our government "bring democracy" to these newest offenders.

The US cannot start war with Russia and China at the same time, its not a strategic decision.

Arrogance will make country/leader do foolish thing.

ljudotina

legendary

Activity: 1260

Merit: 1029

Falling dollar affects BTC only in a way that more Americans would go to BTC as value storage and effectivly rise the price of BTC. Nothing else. If dollar looses half of it's value, 1 BTC would be 1000$. One would say: "wow i have doubled my wealth!". Well you did not. As if that happens, 1 bread wouldn not cost x$ it would cost x*2$. So basicly, you as BTC holder did not gain anything...you just saved your wealth (which is goo thing for itself).
So, question is not : "How much $$$ is BTC worth?", question is : "What is buying power of BTC". Would buying power of BTC rise if dollar starts falling? Not if Americans decide to, for example go into Gold instead of BTC. Noone would gain nothing in that scenario (except gold owners as gold would go up).

tsoPANos

hero member

Activity: 602

Merit: 500

In math we trust.

Well this is a start.
The dollar could slowly decline as the global trade volume decreases.
So the US wouldn't be able to print dollars from thin air without reducing it's value.
Which means that the US wouldn't be able to pay it's huge debt.

ljudotina

legendary

Activity: 1260

Merit: 1029

Quote from: DustyRah on May 25, 2014, 06:22:20 PM

Quote from: TaunSew on May 25, 2014, 02:05:54 PM

US's broke, no money to bomb Syria and the US "help" to Ukraine is laughable, considering the Canadians sent more aircraft and advisors.

US can't fight a war with anyone - the Empire is gone, it's like the British Empire back in the 1950s.

USA has a president with brains now. Why should we give a rat's ass about Syria, the country is already infighting at this time and so is Ukraine. Why waste our money on it?

There is just no reason to fight like a fool is the point when there is no need to.

You really have no idea why all recent wars were fought? Oil dude...noone gives flying fuck for Saddam or Bin Laden or any of those pricks...all they want is Oil. If they get get it from Devil itself for cheap, they will side with him, no questions asked. In adition, it's not State that runs it all, it's private organizations. To be honest...FED is private organization...cmon now...get down to earth from that cloud of yours.

Febo

legendary

Activity: 2730

Merit: 1288

This deal is 10 years old. All is allready build. What is more important is But the BRICS countries — Brazil, Russia, India, China and South Africa, are making new Wold bank. For sure wil not be place for USD there. Maybe bitcoin.

waldox

sr. member

Activity: 252

Merit: 250

yes
defund oil wars
hope they wake up and go bitcoin next

ShakyhandsBTCer

sr. member

Activity: 448

Merit: 250

It's Money 2.0| It’s gold for nerds | It's Bitcoin

Quote from: waldox on May 27, 2014, 01:14:07 PM

Quote from: DustyRah on May 25, 2014, 06:22:20 PM

Quote from: TaunSew on May 25, 2014, 02:05:54 PM

US's broke, no money to bomb Syria and the US "help" to Ukraine is laughable, considering the Canadians sent more aircraft and advisors.

US can't fight a war with anyone - the Empire is gone, it's like the British Empire back in the 1950s.

USA has a president with brains now. Why should we give a rat's ass about Syria, the country is already infighting at this time and so is Ukraine. Why waste our money on it?

There is just no reason to fight like a fool is the point when there is no need to.

USA are in syria, iraq, libya, and not in north korea, is because of oil

venuezla, and iran are next they have lots of oil too

The vast majority of wars are based on oil.

Skele

full member

Activity: 224

Merit: 100

VocalPlatform.com

I see this as a very good thing. It clearly defines who is with who. The risk in that part of the world is growing stronger every day and where there is risk, smart business usually flees from it. That is the whole concept behind RISK MANAGEMENT. So if American manufacturing decides to move away from the far east, China's economy contracts creating problems. Such as what to do with all that energy they just signed a 30 year agreement with Russia to provide. Their economy began shrinking in 2007/2008 when the US went through the recession.

spazzdla

legendary

Activity: 1722

Merit: 1000

Quote from: TaunSew on May 25, 2014, 02:05:54 PM

US's broke, no money to bomb Syria and the US "help" to Ukraine is laughable, considering the Canadians sent more aircraft and advisors.

US can't fight a war with anyone - the Empire is gone, it's like the British Empire back in the 1950s.

no no no.. it's going to be like Rome... except everyone is now ruled by the same monetary system say for 3 countries. When....if the lazy dumbasses of this planet ever open their eyes things might change for the better.. Odds are they will never open them, things will crash and they will be to stupid to understand food and water are what wealth is and be begging for more paper...

At least the Romans knew paper and fake coins are worth absoultly nothing... If it can be printed to infinity.. it will become worth nothing.

waldox

sr. member

Activity: 252

Merit: 250

hopefully the chinese and russian or bric governments grow some braincells and use bitcoins as their reserve currency

waldox

sr. member

Activity: 252

Merit: 250

Quote from: DustyRah on May 25, 2014, 06:22:20 PM

Quote from: TaunSew on May 25, 2014, 02:05:54 PM

US's broke, no money to bomb Syria and the US "help" to Ukraine is laughable, considering the Canadians sent more aircraft and advisors.

US can't fight a war with anyone - the Empire is gone, it's like the British Empire back in the 1950s.

USA has a president with brains now. Why should we give a rat's ass about Syria, the country is already infighting at this time and so is Ukraine. Why waste our money on it?

There is just no reason to fight like a fool is the point when there is no need to.

USA are in syria, iraq, libya, and not in north korea, is because of oil

venuezla, and iran are next they have lots of oil too

DustyRah

sr. member

Activity: 530

Merit: 250

Quote from: TaunSew on May 25, 2014, 02:05:54 PM

US's broke, no money to bomb Syria and the US "help" to Ukraine is laughable, considering the Canadians sent more aircraft and advisors.

US can't fight a war with anyone - the Empire is gone, it's like the British Empire back in the 1950s.

USA has a president with brains now. Why should we give a rat's ass about Syria, the country is already infighting at this time and so is Ukraine. Why waste our money on it?

There is just no reason to fight like a fool is the point when there is no need to.

TaunSew

hero member

Activity: 756

Merit: 506

US's broke, no money to bomb Syria and the US "help" to Ukraine is laughable, considering the Canadians sent more aircraft and advisors.

US can't fight a war with anyone - the Empire is gone, it's like the British Empire back in the 1950s.

DustyRah

sr. member

Activity: 530

Merit: 250

Quote from: CurbsideProphet on May 23, 2014, 02:16:09 PM

Not sure if this was already posted, did a quick glance and didn't see it.

http://america.aljazeera.com/articles/2014/5/20/russia-china-bankdeal.html

This is just a energy deal between neighbors China and Russia. Are they supposed to exchange their money into USD to trade with each other?

BTW, the Chinese are shit and drive a very hard bargain. Russia also does not give a pigeon's ass about China and know very well how cheap they are.

It does not affect USD in any way because even in China USD is not allowed to be freely traded because they worry money will leave China.

DonnyMontana

newbie

Activity: 28

Merit: 0

Global currency on the way? If it doesn't seem to make logical sense, it usually makes some kind of sense behind the scenes.

Topic: Russia & China bypass USD - page 2. (Read 2959 times)