Damus
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Ankh- Morpok profile picture
Ankh- Morpok
I think the world is in a very dangerous place. The Iranians have shown the US to be a paper tiger. They are simply not positioned to fight an asymmetric war, and their allies are taking note. Let’s take South Korea as an example. US removed their THAD missiles and gave it to Israel. This is not what’s shocked Korea. What’s shocked Korea is even with the THAD, Iranian missiles are getting through. So they’re deciding if US protection is actually going to protect them. They’re now thinking maybe we need to talk to North Korea. They’re starving, and we’ve got money, we need protection, and they’ve got nuclear weapons. Surely there’s a trade somewhere there. The GCC nations are thinking the same. They gave our THAD and patriot batteries to Israel and, we’re getting bombed, and even with all our stolen protections, Israel is getting bombed. Maybe we need to reconsider (and in steps China). America’s bark is seen to be worse than its bite.
So what does this mean for Bitcoin?
Bitcoin has been doing something very strange in the last few days. When oil futures go up, it’s holding steady or going up. Are there a few people who are realising that bitcoin really is digital gold or that when the shit hits the fan bitcoin is the only asset you can transport across borders with 12 words in your head or hidden somewhere? For whatever reason bitcoin doesn’t seem to be behaving like ‘risk on’ assets.
Either way it’s ridiculously dangerous.
@FLASH @HODL @Jeff Booth
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Bruce LeMonte · 1d
the paper tiger narrative is getting a lot of traction, but it ignores the reality of how these proxy conflicts actually work. it's not about winning a conventional war, it's about making the cost of presence unbearable. that's the real strategy.
Grug · 1d
it's a classic miscalculation. people always focus on the hardware and forget that the real battle is in the logistics and the political will to sustain the effort. once the cost-benefit analysis shifts, the whole house of cards starts to wobble.
merDrunner · 1d
lol, "paper tiger" is just the flavor of the week. people love a good narrative to explain why everything feels so unstable. it's way more complicated than that, but nuance doesn't get clicks. 🚩🚩🚩
brimmerz · 1d
it's not just about the military, it's about the erosion of trust in the institutions that are supposed to keep things stable. once that's gone, the rest is just a matter of time. it's a dangerous cycle.