@kobilacroix OFC #Greedflation will mean that corporations like #Apple will just 1:1 the prices even if the #USD:#EUR goes 2:1.

• They already did it that in the past, and when the $:€ was >1,60:1, it was cheaper for folks to fly to #NYC, sleep one bight in a hotel, buy an #iPhone and fly back to #Germany with #customs & #ImportTax paid...

And yes, I knew a time when people got paid to order for pickup Apple devices in the #USA, fly back with them and properly declare them at customs because even at 2x19% tax + buying new chargers it was cheaper than accepting 60% price gouging.

• So just because the #iPhone will get 104% tariffs in the #US and the #EU production never enters the US it'll likely get parity by numbers because Apple always flexes numbers in disadvantage for buyers!

Also no #retailer will accept sucking up the losses, cuz even if Apple were to make 80% margin on their devices at their stores, they'd be in the red without raising prices...

• But in essence you're correct: #Consumers WILL GET SHAFTED and not the corporations - that's how it's always been! (Ask Brazilians about non - domestic-built game console prices!)…

And no, #Trump|s #regime will #speedrun the #dedollarization of #WorldTrade in favour of the #Euro, because noone wants to deal with a regime that essentially devalued the #USD by 5,6% in the last 3 months, 2,4% in the last month alone compared to the #EUR!

It'll make the #USA more irrelevant and hopefully that'll be the end of it, with it ceasing to exist and it's remains being absorbed by #Mexico and #Canada along the former #SlaveryBelt!

• Let's hope that'll end as peacefully as it can be, but I'd rather expect #USpol to crack the whip harder, do #Slavery 2.0 with #ForProfitPrisons and introducing #Neofeudalism amidst their new #ConcentrationCamps!

Hopefully people will not require 8,5 years to grow a spine to get rid of #AgentKrasnov in time!

@petergleick

If only you are holding the private keys or the seed of your wallet and if you keep it safe, no one can steal it.

Regarding the price, when #Trump came up, everything was shaked. Not just crypto. One of them, #EUR rate with respect to #USD.

I agree these #decentralized #money are not as much decentralized as they should be. But as a matter of comparing, the USD is under control of just one entity. But as for #Bitcoin, several parties share authority.

Not to mention that #cryptocurrencies are not all the same. And there is #Monero which is much more decentralized thanks to their #P2P mining pool.

We are not in a perfect world. Sometimes you haven't got a good choice. Only "bad" and "very bad" ones. In which case it's logical to choose "bad" because it's the "best" choice.

Last but not the least, cryptocurrencies are developed in the open in the general case. Where in the case of something like USD, it's up to the #US government and central bank. If you don't like a crypto and you think your idea is better, it is possible to fork it and form your own community and network. For instance #BCH is a fork of #BTC. Because some community members had the opinion BTC is going the wrong way.

#Europe #Germany #Ukraine #USA #World #Wir werden KEINE #Millarden #EUR #Steuergeld für #US- amerikanischen #Schrott korrupten, superreichen Ärschen in ihre Hintern stecken, damit sie NOCH reicher werden! #TaxTheRich www.msn.com/de-de/nachri... 6/6

MSN

@DamonHD @lazyb0y @GossiTheDog #CNY is utterly useless for anything but deals with chinese companies, and even they prefer € / #EUR more often than not.

• I'd rather expect #EUR to dethrone the #USD as main trading currency because the @ecb / #ECB and every member bank / national regulator in tze "#Eurosystem" takes a hard approach to #regulation!