Interesting concept, no idea if this is sourced or validated, or what the agenda of the publication is.
At this time I suspect that this is a hoax rather than a real news report. That might change with more information.
Same here. Though I would imagine the real people benefiting would be people holding Bitcoin. Especially if true, since shit would jump the price massively while in effect.
Not really, 2M$ per ship isn’t much compared with the size of Bitcoin which 1410000M$
So all the countries should use BTC instead of USD, then
and while we are at it let’s use something more modern & scalable like Kaspa (or whatever other cooler thing)
Bitcoin Bros … yeah, can’t say I considered those but I’d suspect that’s indeed a high probability.
Should have gone with XMR imo. Bitcoin is not sustainable.
XMR would have been better for them, but it’s going to be fun being able to see all the transactions to the wallet.
Sigh, still on the Julian Assange-level shit. Someone tell them about the Silk Road? Whatever, if payment somehow doesn’t go through, they have the guns.
what does the silk road have to do with anything.
I’m so happy you asked, @\phantom_computers, you see, many who participated in the online drug market Silk Road & its reiterations have made the same assumptions about crypto. However, they lacked the leverage of a missile campaign, so the US feds clawed back much of the straggler coins over the years. Not anonymous etc at all
Then they are IDIOTS at understanding crypto.
Bitcoin is the ecologically-costliest/electricity-costliest/machine-costliest cryptocoin to standardize on: it’s nearly used-up.
They’d have been much saner to have standardized on some other crypto.
I’d prefer that Algorand-type ones were standard, but they can be attacked by country-level attackers.
For anybody who wants outside-the-hype-bubble view of what crypto is, & how its ecology works, PLEASE read https://www.kobo.com/us/en/ebook/attack-of-the-50-foot-blockchain-bitcoin-blockchain-ethereum-smart-contracts
The reason that Steampowered stopped taking crypto, is plain, in that book.
_ /\ _
( PS: I’d enforce that there be an Algorand-type crypto for recording accounting-records with, country-wide, so that books couldn’t be “cooked” between closout-of-the-books & reporting. & I’d want to make daily closeout normal, if possible. Cisco did that, years ago, so it is possible, but some will scream against such economic-integrity measures, of course… )
