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China sees what FED is doing with USD and understands that dollar slowly becomes "funny money" so they execute hedge: 1. become worls biggest bitcoin miner - f
by slt2021 6y ago
China sees what FED is doing with USD and understands that dollar slowly becomes "funny money" so they execute hedge:
1. become worls biggest bitcoin miner - funny money alternative to USD
2. if USD is overvalued then you should buy up undervalued assets in EM and gain mercantile and political benefits
3. their expanded empire will continue to print USD and they will continue to expand everywhere except USA to hedge against USD