3 ms·
> After a certain threshold "slow" and "down" are effectively the same thing though. Except when you realize the mempool has a complete record of every pendin
by Melting_Harps 6y ago
> After a certain threshold "slow" and "down" are effectively the same thing though.
Except when you realize the mempool has a complete record of every pending tx, unlike the central bank whose system is completely down and cannot and will not have a record of any of these transactions and it's services cannot be reached.
A part of me wants to be elated, but another part realizes that the end of US empire may allow the CCP to continue unabated, and that has incredibly horrible consequences given all the sabre rattling and their focus on Taiwan after illegally annexing Hong Kong and enslaving Xianjing.
The West will continue, and the lack of the US hegemony may allow it to prosper in other ways, but this will be an incredibly rough patch as it loses its status on sole Super Power, I don't think the CCP's China qualifies as a super power as it cannot unilaterally impose the world to operate on its own standard in anything but trade reliance, something it can and should lose. As creditor it cannot really do much except in a close sphere of emerging African countries, of which Bitcoin is actually flourishing, or the Russia/Iran block, and Iran is a hotbed of Bitcoin influence with state sponsored miners.
I hope the US takes the lead once more without the need for overt militaristic, police-state tactics as the petro-dollar loses its gravitas, I just don't want to be here when it happens.