Experiment: “If I were the dictator of a resource rich country, I would do X in this system”
In this case, I’m looking at cryptocurrency.
I found one reddit thread on the topic.
The immediate questions that came to mind:
- Are there any countries that are printing lots of money and buying BTC?
- Which countries would it be?
- How can we figure out which countries are printing large quantities of fiat?
- Given that there’s physical currency and currency that is never made physical , how would one go about detecting if a country was printing currency to buy large quantities of BTC?
Going to explore this more later……