MaxisClub on Nostr: China and Russia have been buying gold for years. Fort Knox is empty. America ...
China and Russia have been buying gold for years. Fort Knox is empty. America abandoned the gold standard, which led to public debt and ultimately the 2008 financial crisis after the fall of Lehman Brothers. The U.S. knows it needs backing. But returning to a gold-backed dollar makes no sense if China and Russia are the nations holding the most gold on the planet. Instead, America is looking to back the dollar with Bitcoin and create Bretton Woods 2.0. , China knows this, which is why it bans Bitcoin.
Bitcoin is the new gold. 1 Bitcoin = 1 million.
Published at
2025-04-12 15:51:04Event JSON
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"content": "China and Russia have been buying gold for years. Fort Knox is empty. America abandoned the gold standard, which led to public debt and ultimately the 2008 financial crisis after the fall of Lehman Brothers. The U.S. knows it needs backing. But returning to a gold-backed dollar makes no sense if China and Russia are the nations holding the most gold on the planet. Instead, America is looking to back the dollar with Bitcoin and create Bretton Woods 2.0. , China knows this, which is why it bans Bitcoin. \n\nBitcoin is the new gold. 1 Bitcoin = 1 million.",
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