Comments by "Edward McLaughlin" (@edwardmclaughlin7935) on "Econ Lessons"
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If I had Bitcoin I'd certainly choose this as a good time to sell; just before it does one of its customary bungee-jumps. Then I'd buy some more on the dip. Just where ethics comes into any of this is a puzzle. As for your Wife's crypto? In what way was it your Wife's if she had no say in its sale?
Your ethics seems to have at its base, some sort of antipathy with anyone who tries to avoid the dollar system." India, China, Bangladesh, Pakistan, Colombia, Mexico, Brasil, Nigeria and.........shock horror........Russia". How do you think this will sit with people who are viewing you from those countries?
This 'non-transparent way' you portray as being somehow unethical, has been devised and is being adopted by increasing numbers, because they have witnessed the weaponisation of the Dollar - they don't want to be next to get hosed-down by Washington, on the pretext of 'defending democracy'.
A lot of people are indeed trying to avoid sanctions. Who gets to impose these sanctions and on what basis? How is it supposed to be right and good, that people should trust their hard-earned currency in a system that is so corrupted? This' free market' - where is it, because it's not anywhere I can see in the Western economies.
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