The Fed is Getting Serious about Creating a Fake err. Digital Dollar

Turveyd said:
They've won ww3 already without a shot fired just huge debts owed to them and they've just bought us all out and forcing governments to move to there way of life.
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For the record, China does not own USA, not yet. 99.75% of the US debt is held by the US people, not foreign countries. Foreign countries only own 0.25% of the outstanding US debt and out of this 0.25% of the foreign debt, China owns 25%. So in total, China owns 0.25 * 0.25% = 0.0625% of the outstanding US debt. So even if China tomorrow wants to call in all of the US debt, if US can't pay up, US would've just defaulted on 0.0625% of the debt and China would've owned just 0.0625% of USA IF it's collateralized which I am not even sure if it is so in terms of buying US out, China is nowhere near of doing that.

Turveyd said:
Wouldn't be surprised if these vaccines that don't work virus wise the RNA 1s few generations and the kids will look chinese, no other use for them after everyones already had it and a very small percentage has died.
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mRNA actually does not penetrate into the nucleus of the cells in the body where the DNA lies so they won't modify our genetic material in anyway. So unless you mate with a Chinese and have children, your children won't look Chinese even if they are fully vaccinated. That I am not concerned.
 
MrMuppet said:
Look dude, the US had their chance and probably still have. But they turned from a crowd of hard working and humble people into a bunch of arrogant whiny bitches. China inovated while the US was screaming and kicking over how bad Bitcoin is and how it could be regulated. The US should have taken the chance and lead the development of CBDCs

Wait another 5 years and the entire African continent will pay in Digital Yuan.
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Bitcoin is not really the ideal digital currency imo nor is it an answer to digital currency. Its freely traded value is way too volatile for it to be a bona fide tender, the value has to be more stable.
 
JSOP said:
For the record, China does not own USA, not yet. 99.75% of the US debt is held by the US people, not foreign countries. Foreign countries only own 0.25% of the outstanding US debt and out of this 0.25% of the foreign debt, China owns 25%. So in total, China owns 0.25 * 0.25% = 0.0625% of the outstanding US debt. So even if China tomorrow wants to call in all of the US debt, if US can't pay up, US would've just defaulted on 0.0625% of the debt and China would've owned just 0.0625% of USA IF it's collateralized which I am not even sure if it is so in terms of buying US out, China is nowhere near of doing that.



mRNA actually does not penetrate into the nucleus of the cells in the body where the DNA lies so they won't modify our genetic material in anyway. So unless you mate with a Chinese and have children, your children won't look Chinese even if they are fully vaccinated. That I am not concerned.
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US Owes China about 1 Trillion, 1 Trillion used to be a big number, but these days yep pretty small. ( From a quick Google search )
 
Innovated? No, that would imply creating something new. What they did was blatantly lying, stealing, corrupting, and nepotistically enriching themselves. Please don't confuse those two very different concepts.

The Japanese innovated and pushed many things couple notches forward. The Chinese so far have only stolen and lied to everyone.

MrMuppet said:
Look dude, the US had their chance and probably still have. But they turned from a crowd of hard working and humble people into a bunch of arrogant whiny bitches. China inovated while the US was screaming and kicking over how bad Bitcoin is and how it could be regulated. The US should have taken the chance and lead the development of CBDCs

Wait another 5 years and the entire African continent will pay in Digital Yuan.
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DiceAreCast said:
Innovated? No, that would imply creating something new. What they did was blatantly lying, stealing, corrupting, and nepotistically enriching themselves. Please don't confuse those two very different concepts.

The Japanese innovated and pushed many things couple notches forward. The Chinese so far have only stolen and lied to everyone.
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Yeah that I agree. At most what they did was improving upon what's already invented by someone else.
 
You are flattering the Chinese copy machine. What many Japanese companies did was improving things. They took existing technology and made it many fold better. Chinese so far copied everything and figured out how they can replace quality components with plastics to drive up profit margins, because they know perfectly well that western trailer park trash buys anything at a low price.

JSOP said:
Yeah that I agree. At most what they did was improving upon what's already invented by someone else.
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DiceAreCast said:
You are flattering the Chinese copy machine. What many Japanese companies did was improving things. They took existing technology and made it many fold better. Chinese so far copied everything and figured out how they can replace quality components with plastics to drive up profit margins, because they know perfectly well that western trailer park trash buys anything at a low price.
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That's what they consider as "improving". :)
 
Of course. Electric shavers that just don't break, walk man that looked cool (at that time), going small with laptops (Vaio and many others), making many electronic and non electronic items smaller for better daily use, most durable cars in the world, beautiful, clean parks cared for by the impeccable work of Japanese gardeners, a work ethic even at fast food outlets that is unsurpassed anywhere else. I can continue the list forever

What has China invented or improved recently other than very efficiently spreading the Wuhan virus? ,...oh wait, wasn't it gun powder and printing? Must have leaked by mistake.

SunTrader said:
Japan "invented" copying (and China then beat them at that game) and not much else.
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