prc30 on Nostr: The China Evening Missive With the “King” sucking all the air out of the room ...
The China Evening Missive
With the “King” sucking all the air out of the room today figured it would be worthwhile to see if China is weighing in on the topic.
It is, and found the following taken from the China Daily article of particular interest
“As many countries have embraced "de-dollarization" following the US' abuse of the dollar's status, its excessive currency issuance and serious overdrawing of the dollar credit, the change in attitude toward Bitcoin may be a new attempt by the US to address the dollar's weakening international status.”
Separately, I did check in with my “guy” and the local P2P market remains as vibrant as ever.
Full story linked here:
https://www.chinadaily.com.cn/a/202411/21/WS673e7b0aa310f1265a1cebbd.html
With the “King” sucking all the air out of the room today figured it would be worthwhile to see if China is weighing in on the topic.
It is, and found the following taken from the China Daily article of particular interest
“As many countries have embraced "de-dollarization" following the US' abuse of the dollar's status, its excessive currency issuance and serious overdrawing of the dollar credit, the change in attitude toward Bitcoin may be a new attempt by the US to address the dollar's weakening international status.”
Separately, I did check in with my “guy” and the local P2P market remains as vibrant as ever.
Full story linked here:
https://www.chinadaily.com.cn/a/202411/21/WS673e7b0aa310f1265a1cebbd.html