https://twetch.app/t/cf3a8551c9768f3d8fed55957e172a12675d67…

Twetch ·

https://twetch.app/t/cf3a8551c9768f3d8fed55957e172a12675d67f9ecd5bca9f0042f2b61282c38

Replies

Twetch ·

There will be many countries that stop using specific currencies and turn to gold backed ones instead. The gold backed currencies will eventually be fully tokenized and run on top of Bitcoin (BSV). 👑

Twetch ·

Germany is tied to the monetary union and ECB. Even if it wanted to stop using Euro and opt out EU, it would take years (?) of negotiating to accomplish. There's more of a chance that ECB will enter the digital (crypto)currency world, but when and how 🤔

Twetch ·

It can be done, I am no expert but I imagine tokenizing euro, gold and debt would be a good first step for transition. Then in this way, they can move over to one single ledger all backed by BSV.

Twetch ·

do you know what Executive Order 6102 is?
go read about the bretton woods agreement and how it was broken.

and tokenize debt? how would that work? you are required to buy back more of your national tokens each time the govt increases military spending?

Twetch ·

In theory yes! :) The problem will be unifying all the policies of every EU state member and committing to this monetary plan. I see a lot of people around me who are not ready for this digital approach, unfortunately… There will be a transition though! 👍

Twetch ·

perhaps just start this idea completely from scratch and begin block-chaining an asset class like my firewood pile.
that will definitely help you all transition into tokenized debt

Twetch ·

The falling Euro would make goods produced in other European countries much cheaper, which would be bad for German's industry.
I think they will create a digital Euro, which may allow Germany to maintain even better control over Euro area countries.