atomicking

The US isn’t falling behind either. Stablecoins like USDT are used everywhere, and they kinda act like a digital dollar.

Honestly, my country doesn’t regulate Bitcoin. So, no taxes required. In some places, they assume folks have to pay income tax, but it varies a lot. Our tax rates are steep but I’m under the radar since I don’t earn…

I feel like a global recession is overdue, but that doesn't mean it'll be in the years you say, OP. Also, stablecoins just aren’t real replacements for fiat. If fiat deflates, stablecoins might lose value too. Just…

I totally get that the price is high for many. In my country, you could buy a couple of nice apartments with that. But if folks are willing to throw money at it, who are we to judge?

It's not about government approval; people are already using crypto. Even if institutions ban it, the demand will push it forward.

You nailed it. I see so many developing countries trying to copy policies from wealthier states but end up worse off. Instead of growth, they get stagnation, because they’re not addressing their own economic realities.

The real estate problems have been brewing for almost a decade since prices dropped in 2014. It’s a big part of the economy, but I doubt it’s catastrophic enough to crash it completely. Still, China's got other issues…

But wait, he’s super young and seems a bit reckless. Kinda sketchy for someone in such a big position.