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RE: The r0ach report 33: The world enters a new dark ages without gold and silver revaluation

in #bitcoin7 years ago

In that case, you can always pray bitcoin is a CIA created scam, the govt itself is Satoshi, and they will use the Satoshi premine as the reserve. The only problem there is the central banks and govts of the world generally all have to be on the same page about what asset they are revaluing to defuse the debt bubble.

Just about nobody trusts the US govt, and it's clear nations like China and Russia are running...not walking towards metals revaluation with their accumulation. Post-Bretton Woods agreement, no nation was allowed to just wade into the market and start buying up all the gold like they've been doing, so the world has already broken away from the Wolfowitz doctrine of the west and is turning multi-polar.

The only real monetary option of such a world would be metals revaluation because they're just not going to agree on anything else and both China and Russia hold a lot of cards now.