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Russian Foreign Minister Says Crypto Could Play Significant Role in Settlements. “I think the time will inevitably come when cryptocurrencies will play a very significant role, occupy a very significant segment in international settlements.”
List of Today's and Tomorrow's Upcoming Events
List of Today's and Tomorrow's Upcoming Events
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True. BRICS, SCO, Golf, China-Russia and many other country now trying to avoid dollar while trading. The forex reserve of Japan, India, Russia, China is getting to a lower number. USA needs clear policies or the soft power will go more downwards. I don't understand why Democrats are against crypto this much. Time is changing and we should too.
Me too. Time to coin the term CCA comment cost averaging or to SCO shitposting Cost Averaging
Wasn’t talking about Malaysia tho > The Chinese side proposes to expand the share of local currency settlements of SCO countries, expand sovereign digital currency cooperation, and promote the establishment of SCO development banks If you work with China on digital currency “cooperation” I would think there will be some element of spying. But I may be wrong, perhaps China has good intentions and wants to help other countries for real
tldr; Professor Ashok Swain of Sweden's Uppsala University has said that Saudi Arabia joining the BRICS bloc would accelerate the use of the Chinese yuan as a trading currency. "There is no doubt Saudi Arabia becoming a member of China-dominated SCO and BRICS would accelerate bilateral trading being conducted using the yuan as the trading currency," Swain said. Saudi Arabia is currently negotiating with Beijing to price some of its oil sales to China in yuan. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Because it's way cheaper then using western credit card companies infrastructure. Also the Easter brics, SCO etc block are moving to CbDC becuase its just more effective. The only ones that need to fear CbDC are the tradfin credit card companies. Becuase let's be honest we have seen that in the west they can just close down your account Canadian truckers etc or free your wealth like in the case of Russian wealth.
It reminds me of the idiotic SCO-vs-Linux case from many moons ago. A company called SCO claimed it owned a copyright to Unix and that Linux contained copies of the Unix source code. Their mere claim of this was enough to clog up the US courts with this gobbledygook for about 2 years. Meanwhile, here is how the same thing played in Germany: SCO filed their claims there and the judge asked, reasonably enough: "Do you have examples of the copied source code to show us?" To which they said, unsurprisingly, "No" (it's mind boggling you can say that in US courts). So the German judge responded: "OK, just bring it to this court in 2 weeks. And if you don't you'll have to retract the accusation. And if you don't, you'll be fined X euros per day as penalty". I forget what X was, something like 200,000 euros per day. Needless to say the entire SCO-vs-Linux case was over in Germany in 2 weeks.
We already joined SCO and they say we are unofficially already in BRICS too ...
I don't call people buying SOL stupid - but it is extremely speculative. At its time people still bought SCO (the ones that wanted to sell a generic Linux license) even after a judge decided that SCO does not own UNIX. Needless to say that SCO went bankrupt and the money is gone.
It's convenient then that his 'insanity', 'narcissism', and/or 'schizophrenia' happen to cause him to always do the thing that will destabilise the open source provenance and credentials of anything that smells like Bitcoin. It's all way too directed at that single purpose to be any kind of psychological accident. This guy has been on a single-minded quest to throw the ownership and rights situation around Bitcoin into doubt in as many people's minds as possible, much like in the 'SCO Linux' case. Look into it. It is the type specimen for Craig Wright's actions and explains all his choices like hand in glove. The only real question is, whose hand is it?
It's convenient then that his schizophrenia happens to cause him to always do the thing that will destabilise the open source provenance and credentials of anything that smells like Bitcoin. It's all way too directed at that single purpose to be any kind of psychological accident. This guy has been on a single-minded quest to throw the 'ownership' and rights situation around Bitcoin into question, much like in the 'SCO Linux' case. Look into it. It is the model for Craig Wright's actions and explains all his choices like hand in glove. The only real question is, whose hand is it?
Yeah that is actually very likely, I agree. The BSV chain is completely heading towards a wall. I mean even simple block explorers are giving up because they can't handle the bloat anymore. It will implode anyway soon, so the only way to profit from it is a rug pull and they will need the coins for that. But it looks to me they are already prepping the next scheme, which is pattent trolling companies who try to use Bitcoin. I get SCO vs IBM flashbacks
Craig Wright's actual career is to willingly take Ls for the purpose of tying up anything that smells like 'Bitcoin' with pointless legal wrangling, keeping its future in question in as many minds as possible for as long as possible. This career path was invented by the founders of 'SCO Linux'. So no, he does not ever not take Ls.
The world is multipolar now. Accept it and move on. The SCO members Russia, China, and India are going their own way. Iran is joining the SCO at this weeks meeting. Several other countries like Turkey, Saudi Arabia, Qatar, and the UAE want to join the SCO. There is literally a queue of countries lining up to join the SCO.
This starting to feel like SCO vs IBM all over again! https://www.zdnet.com/article/last-of-original-sco-v-ibm-linux-lawsuit-settled/
You’re wrong. First - iOS is not based on Linux, it’s based on something closer to BSD, but in reality it’s pretty much it’s own thing. Android is running the Linux kernel. Since 2000 or so, Linux started replacing Unix (Solaris, AIX, HP-UX, SCO). Today, no one buys new Unix installs. There are Unix systems out there, just as there are still mainframes running COBOL jobs written in the 50’s and 60’s. But the number of Linux servers has been growing every day for the last 20 years, and the number of Unix systems has been shrinking every day for the last 20 years. At this point Unix is a small fraction of servers.
yes, it's likely that we will suffer more pain than Russia on the sanctions, purely because our economy is so much larger. but they will be much more painful for Russia. the question is if we can inflict so much pain on russia that it deters russia from invading its neighbors. e.g. they have a huge problem in getting modern tank optics that china isn't able to solve that is impeding their ability to manufacture new tanks. and the second-order impact on logistics is really important and categorically different than the energy price issues europe is going to have in winter. [https://www.independent.co.uk/news/world/europe/russia-ukraine-sanctions-food-blockade-b2084662.html](https://www.independent.co.uk/news/world/europe/russia-ukraine-sanctions-food-blockade-b2084662.html) so for russia it's not just a question of - "will India and China buy our oil", it's also "how do we get it to them"? there's also other issues like India being locked into higher-priced contracts with mena suppliers: [https://markets.businessinsider.com/news/commodities/russia-economy-epression-eu-oil-embargo-china-india-ukraine-war-2022-4](https://markets.businessinsider.com/news/commodities/russia-economy-depression-eu-oil-embargo-china-india-ukraine-war-2022-4) long-term russia needs to be able to balance europe and china against each other to maintain any of its own freedom of action. people are very excited about SCO-led alternatives to SWIFT like CIPS, but they aren't mature yet and nobody is interested in leaving the western banking system, where you suffer under the thumb of the US treasury department, only to be suffer under the thumb of the Chinese gov't. So the stable post-conflict payments world will probably be multipolar, with people able to use SWIFT and the mature Chinese counterpart.
Unfortunately no. He is a fraudulent copyright troll who is attempting to attack and destabilise all of crypto using Bitcoin as a proxy. Such attacks must defended against. See the SCO Linux case for all the relevant precedents on Craig Wright's frivolous lawsuits.
Just assume basic public information about you is available out there. Use two factor and change password regularly when possible and check you banking and financial accounts on a regular basis. Just SOME of the breach's we had last year Ubiquiti Inc. January 11, 2021 Parler January 11, 2021 Facebook, Instagram and LinkedIn January 11, 2021 U.S. Cellular January 28, 2021 Nebraska Medicine February 10, 2021 California DMV February 18, 2021 Kroger February 20, 2021 T-Mobile February 26, 2021 Microsoft Exchange March 3, 2021 California State Controller’s Office (SCO) March 23, 2021 Facebook April 3, 2021 LinkedIn April 6, 2021 ParkMobile April 12, 2021 GEICO April 19, 2021 Volkswagen & Audi June 15, 2021 Microsoft Power Apps August 24, 2021 GetHealth, FitBit and Apple September 14, 2021 [https://www.identityforce.com/blog/2021-data-breaches](https://www.identityforce.com/blog/2021-data-breaches)
this current time for bitcoin reminds me of the FUD times against Linux (SCO lawsuit, etc.) i kept running free software through all that mess, and i’ll keep stacking sats through this noise
Then they sue anyone who has something that they think remotely infringes on a patent (even if it doesn't), like how SCO Group sued Linux users and vendors. It's all about stifling innovation and preventing smaller organizations from even existing while the government-approved monopolies remain on top forever. https://en.wikipedia.org/wiki/SCO%E2%80%93Linux_disputes
I have a bunch of Zilliqa on Moonlet and been using staking rewards to swap to XCAD and some SCO.