If all currencies that arent backed by commodities, by virtue practically all of them. And it's practically unreasonable to go back into a backed currency. If the US dollar ever becomes replaced, how is this not an evolution towards the mass adoption towards bitcoin?I'm just asking because the only reason why the US Dollar is practically backed by oil is because of the US Military. I don't see a world where the Saudis, Chinese, or the Russians have a monopoly on said oil because they do not have the logistics chain necessary to become a world power like the US. YEAH, YEAH, YEAH, digital tulips and internet funny money aside. The world economy has been running on monopoly funny bucks since 1971 when the US ended their gold standard. Given the case that WW2 and the last 100 years of prosperity has been backed essentially by American logistics, unless you have a proper open economy to ensure they can handle the same, I can't see a future currency thats backed by material goods like oil or gold, because the inane demand and price of these resources would fundamentally make them unacceptable to be fostered by any single country to be a dominant currency.Unless BRICs fully utilizes a blockchain-based gold backed currency, nobody will trust China or Russia to overthrow the US Dollar. Much less the Europeans to be sufficiently competetive in this space.I'm just curious if anyone that has much more knowledge than me can help explain this thought process and counter it accurately.
>>61954816I agree.
>>61954816Your English is fucking atrocious.
>>61954816You shall redeem nothing.
Yes yes we know. Pretty girls are into shit sex. Just look at Dubai and Doha. Even those visiting the home country of fecal matter.
