top | item 33920243

(no title)

13 points| flanfly | 3 years ago

discuss

order

janandonly|3 years ago

Interesting piece. I did not realize that freezing Russia's assets was an unprecedented move that did not even occur during WWII with the German assets.

Also shocking that less international trading partners are now willing to accept Euros. This will push the need for US Dollars even higher. Maybe that's why the Euro seems to be falling against the USD?

r_hoods_ghost|3 years ago

Except it is utter nonsense that the freezing of assets in wartime is somehow "unprecedented". Literally the first result on google was this https://fokum-jams.org/index.php/jams/article/view/125/223

Let's not even go into the fact that transacting in Bitcoin is essentially the same as publishing the details of your accounts on the internet or all the other parts of this article that are just wrong. Seriously the crypto bro's need to at least come up with arguments that are vaguely plausible and based I reality for their pump and dump schemes.

beardyw|3 years ago

> that did not even occur during WWII with the German assets.

In the UK the Trading with the Enemy Act 1939 did just that.

TheLoafOfBread|3 years ago

Euro is falling against the USD because inflation caused by high energy prices, caused by overreliance on Russian natural gas.

rini17|3 years ago

As if bitcoin wasn't even more a spycoin.