China can export "electricity" to US and there is nothing Trump can do to prevent or tax it

[grbb]

Really?

You kidding.

What? Build cable to US?

Uhuk uhu

Of course not.

1st step:Convert electricity to bitcoin. Chinese are better than US in this regard. Major bitcoin asic manufacturers, GPU manufacturers are in China.
2nd step: "Export" btc to US. There is absolutely NOTHING US government can do to stop it. That is why bitcoin is awesome. There is NOTHING US government can do.
3rd step: Send dollars to China. Okay there are things US can do to prevent this. But well, you know. The last step is optional. Bitcoin is as good as money. The chinese can buy anything they want with it and pay with bitcoin. So 2nd and 3rd step is really optional.

Alas. The chinks shot themselves in the foot. Chinese government ban bitcoin again and again.

Actually, bitcoin can be used as a weapon on trade war. Any country that is hit by trade war can just get cheap energy, build bitcoin and then tada, live. That would greatly blunt effect of any trade war.

Yes, bitcoin price is unstable. But if they use bitcoin to import stuff right away, it's not a problem.

 

[EdwardBaiamonte]

Really?

You kidding.

What? Build cable to US?

Uhuk uhu

Of course not.

1st step:Convert electricity to bitcoin. Chinese are better than US in this regard. Major bitcoin asic manufacturers, GPU manufacturers are in China.
2nd step: "Export" btc to US. There is absolutely NOTHING US government can do to stop it. That is why bitcoin is awesome. There is NOTHING US government can do.
3rd step: Send dollars to China. Okay there are things US can do to prevent this. But well, you know. The last step is optional. Bitcoin is as good as money. The chinese can buy anything they want with it and pay with bitcoin. So 2nd and 3rd step is really optional.

Alas. The chinks shot themselves in the foot. Chinese government ban bitcoin again and again.

Actually, bitcoin can be used as a weapon on trade war. Any country that is hit by trade war can just get cheap energy, build bitcoin and then tada, live. That would greatly blunt effect of any trade war.

Yes, bitcoin price is unstable. But if they use bitcoin to import stuff right away, it's not a problem.

you can pay for imports or exports with bitcoin but this does not mean it is legal to do so or that it is legal to physically import or export goods regardless of how they are paid for. Do you understand?

 

[AZGAL]

thank you for this interesting thread

 

[eagle1462010]

Ok...........that was weird.................

bitcoin to electricity.........

Okie dokey

 

[AZGAL]

At least it is a fresh topic!

 

[eagle1462010]

At least it is a fresh topic!

You have a point there.........

 

[McRocket]

Really?

You kidding.

What? Build cable to US?

Uhuk uhu

Of course not.

1st step:Convert electricity to bitcoin. Chinese are better than US in this regard. Major bitcoin asic manufacturers, GPU manufacturers are in China.
2nd step: "Export" btc to US. There is absolutely NOTHING US government can do to stop it. That is why bitcoin is awesome. There is NOTHING US government can do.
3rd step: Send dollars to China. Okay there are things US can do to prevent this. But well, you know. The last step is optional. Bitcoin is as good as money. The chinese can buy anything they want with it and pay with bitcoin. So 2nd and 3rd step is really optional.

Alas. The chinks shot themselves in the foot. Chinese government ban bitcoin again and again.

Actually, bitcoin can be used as a weapon on trade war. Any country that is hit by trade war can just get cheap energy, build bitcoin and then tada, live. That would greatly blunt effect of any trade war.

Yes, bitcoin price is unstable. But if they use bitcoin to import stuff right away, it's not a problem.

I hate Trump's tariffs...but there are LOTS of things the U.S. government can do to stop Bitcoin. For one, they can make it illegal. So anyone holding it could be prosecuted.
Plus, you could not buy anything in America with it (except on the black market - which would make the product FAR more expensive) because it is not legal tender.

The day the government makes Bitcoin illegal...that is the same day that every medium/major American business ends ALL transactions using Bitcoin.

 

[EdwardBaiamonte]

Really?

You kidding.

What? Build cable to US?

Uhuk uhu

Of course not.

1st step:Convert electricity to bitcoin. Chinese are better than US in this regard. Major bitcoin asic manufacturers, GPU manufacturers are in China.
2nd step: "Export" btc to US. There is absolutely NOTHING US government can do to stop it. That is why bitcoin is awesome. There is NOTHING US government can do.
3rd step: Send dollars to China. Okay there are things US can do to prevent this. But well, you know. The last step is optional. Bitcoin is as good as money. The chinese can buy anything they want with it and pay with bitcoin. So 2nd and 3rd step is really optional.

Alas. The chinks shot themselves in the foot. Chinese government ban bitcoin again and again.

Actually, bitcoin can be used as a weapon on trade war. Any country that is hit by trade war can just get cheap energy, build bitcoin and then tada, live. That would greatly blunt effect of any trade war.

Yes, bitcoin price is unstable. But if they use bitcoin to import stuff right away, it's not a problem.

I hate Trump's tariffs...but there are LOTS of things the U.S. government can do to stop Bitcoin. For one, they can make it illegal. So anyone holding it could be prosecuted.
Plus, you could not buy anything in America with it (except on the black market - which would make the product FAR more expensive) because it is not legal tender.

The day the government makes Bitcoin illegal...that is the same day that every medium/major American business ends ALL transactions using Bitcoin.

There is no reason to hate trumps tariffs until you see the final result and certainly there is no reason to restrict our freedom by making bitcoin is legal.

 

[McRocket]

Really?

You kidding.

What? Build cable to US?

Uhuk uhu

Of course not.

1st step:Convert electricity to bitcoin. Chinese are better than US in this regard. Major bitcoin asic manufacturers, GPU manufacturers are in China.
2nd step: "Export" btc to US. There is absolutely NOTHING US government can do to stop it. That is why bitcoin is awesome. There is NOTHING US government can do.
3rd step: Send dollars to China. Okay there are things US can do to prevent this. But well, you know. The last step is optional. Bitcoin is as good as money. The chinese can buy anything they want with it and pay with bitcoin. So 2nd and 3rd step is really optional.

Alas. The chinks shot themselves in the foot. Chinese government ban bitcoin again and again.

Actually, bitcoin can be used as a weapon on trade war. Any country that is hit by trade war can just get cheap energy, build bitcoin and then tada, live. That would greatly blunt effect of any trade war.

Yes, bitcoin price is unstable. But if they use bitcoin to import stuff right away, it's not a problem.

I hate Trump's tariffs...but there are LOTS of things the U.S. government can do to stop Bitcoin. For one, they can make it illegal. So anyone holding it could be prosecuted.
Plus, you could not buy anything in America with it (except on the black market - which would make the product FAR more expensive) because it is not legal tender.

The day the government makes Bitcoin illegal...that is the same day that every medium/major American business ends ALL transactions using Bitcoin.

There is no reason to hate trumps tariffs until you see the final result and certainly there is no reason to restrict our freedom by making bitcoin is legal.

There are TONS of reasons to hate the tariffs. Like, NEVER - to my knowledge - have major tariffs to numerous, major/medium countries (done strictly for economic reasons) worked out for the originating country. Please show me an example in history when they have?
Here is the last time America tried them: Smoot–Hawley Tariff Act - Wikipedia

Also, Wall Street and the U.S. Chamber of Commerce (who represent trillions of dollars) hate them as well because they also know that they never work.

Wall Street hates Trump’s trade threats as much as it loves his tax cut - The Boston Globe

Tariffs are the Wrong Approach

Are you seriously suggesting that a man (Trump) who has multiple bankruptcies/failed businesses to his credit knows more than most of Wall Street and the U.S. Chamber of Commerce about tariffs?

 

[EdwardBaiamonte]

Really?

You kidding.

What? Build cable to US?

Uhuk uhu

Of course not.

1st step:Convert electricity to bitcoin. Chinese are better than US in this regard. Major bitcoin asic manufacturers, GPU manufacturers are in China.
2nd step: "Export" btc to US. There is absolutely NOTHING US government can do to stop it. That is why bitcoin is awesome. There is NOTHING US government can do.
3rd step: Send dollars to China. Okay there are things US can do to prevent this. But well, you know. The last step is optional. Bitcoin is as good as money. The chinese can buy anything they want with it and pay with bitcoin. So 2nd and 3rd step is really optional.

Alas. The chinks shot themselves in the foot. Chinese government ban bitcoin again and again.

Actually, bitcoin can be used as a weapon on trade war. Any country that is hit by trade war can just get cheap energy, build bitcoin and then tada, live. That would greatly blunt effect of any trade war.

Yes, bitcoin price is unstable. But if they use bitcoin to import stuff right away, it's not a problem.

I hate Trump's tariffs...but there are LOTS of things the U.S. government can do to stop Bitcoin. For one, they can make it illegal. So anyone holding it could be prosecuted.
Plus, you could not buy anything in America with it (except on the black market - which would make the product FAR more expensive) because it is not legal tender.

The day the government makes Bitcoin illegal...that is the same day that every medium/major American business ends ALL transactions using Bitcoin.

There is no reason to hate trumps tariffs until you see the final result and certainly there is no reason to restrict our freedom by making bitcoin is legal.

There are TONS of reasons to hate the tariffs. Like, NEVER - to my knowledge - have major tariffs to numerous, major/medium countries (done strictly for economic reasons) worked out for the originating country. Please show me an example in history when they have?
Here is the last time America tried them: Smoot–Hawley Tariff Act - Wikipedia

Also, Wall Street and the U.S. Chamber of Commerce (who represent trillions of dollars) hate them as well because they also know that they never work.

Wall Street hates Trump’s trade threats as much as it loves his tax cut - The Boston Globe

Tariffs are the Wrong Approach

Are you seriously suggesting that a man (Trump) who has multiple bankruptcies/failed businesses to his credit knows more than most of Wall Street and the U.S. Chamber of Commerce about tariffs?

1)Trump is a free trader and his tarrifs are designed to promote free trade. Smooth Holly was a terrrif not designed to promote free trade but to protect American industries. Do you understand it’s a big difference?

 

[EdwardBaiamonte]

Really?

You kidding.

What? Build cable to US?

Uhuk uhu

Of course not.

1st step:Convert electricity to bitcoin. Chinese are better than US in this regard. Major bitcoin asic manufacturers, GPU manufacturers are in China.
2nd step: "Export" btc to US. There is absolutely NOTHING US government can do to stop it. That is why bitcoin is awesome. There is NOTHING US government can do.
3rd step: Send dollars to China. Okay there are things US can do to prevent this. But well, you know. The last step is optional. Bitcoin is as good as money. The chinese can buy anything they want with it and pay with bitcoin. So 2nd and 3rd step is really optional.

Alas. The chinks shot themselves in the foot. Chinese government ban bitcoin again and again.

Actually, bitcoin can be used as a weapon on trade war. Any country that is hit by trade war can just get cheap energy, build bitcoin and then tada, live. That would greatly blunt effect of any trade war.

Yes, bitcoin price is unstable. But if they use bitcoin to import stuff right away, it's not a problem.

I hate Trump's tariffs...but there are LOTS of things the U.S. government can do to stop Bitcoin. For one, they can make it illegal. So anyone holding it could be prosecuted.
Plus, you could not buy anything in America with it (except on the black market - which would make the product FAR more expensive) because it is not legal tender.

The day the government makes Bitcoin illegal...that is the same day that every medium/major American business ends ALL transactions using Bitcoin.

There is no reason to hate trumps tariffs until you see the final result and certainly there is no reason to restrict our freedom by making bitcoin is legal.

There are TONS of reasons to hate the tariffs. Like, NEVER - to my knowledge - have major tariffs to numerous, major/medium countries (done strictly for economic reasons) worked out for the originating country. Please show me an example in history when they have?
Here is the last time America tried them: Smoot–Hawley Tariff Act - Wikipedia

Also, Wall Street and the U.S. Chamber of Commerce (who represent trillions of dollars) hate them as well because they also know that they never work.

Wall Street hates Trump’s trade threats as much as it loves his tax cut - The Boston Globe

Tariffs are the Wrong Approach

Are you seriously suggesting that a man (Trump) who has multiple bankruptcies/failed businesses to his credit knows more than most of Wall Street and the U.S. Chamber of Commerce about tariffs?

If tariffs are wrong approach you need to say exactly what is a right approach. Funny how you forgot to do that.

 

[EdwardBaiamonte]

Really?

You kidding.

What? Build cable to US?

Uhuk uhu

Of course not.

1st step:Convert electricity to bitcoin. Chinese are better than US in this regard. Major bitcoin asic manufacturers, GPU manufacturers are in China.
2nd step: "Export" btc to US. There is absolutely NOTHING US government can do to stop it. That is why bitcoin is awesome. There is NOTHING US government can do.
3rd step: Send dollars to China. Okay there are things US can do to prevent this. But well, you know. The last step is optional. Bitcoin is as good as money. The chinese can buy anything they want with it and pay with bitcoin. So 2nd and 3rd step is really optional.

Alas. The chinks shot themselves in the foot. Chinese government ban bitcoin again and again.

Actually, bitcoin can be used as a weapon on trade war. Any country that is hit by trade war can just get cheap energy, build bitcoin and then tada, live. That would greatly blunt effect of any trade war.

Yes, bitcoin price is unstable. But if they use bitcoin to import stuff right away, it's not a problem.

I hate Trump's tariffs...but there are LOTS of things the U.S. government can do to stop Bitcoin. For one, they can make it illegal. So anyone holding it could be prosecuted.
Plus, you could not buy anything in America with it (except on the black market - which would make the product FAR more expensive) because it is not legal tender.

The day the government makes Bitcoin illegal...that is the same day that every medium/major American business ends ALL transactions using Bitcoin.

There is no reason to hate trumps tariffs until you see the final result and certainly there is no reason to restrict our freedom by making bitcoin is legal.

There are TONS of reasons to hate the tariffs. Like, NEVER - to my knowledge - have major tariffs to numerous, major/medium countries (done strictly for economic reasons) worked out for the originating country. Please show me an example in history when they have?
Here is the last time America tried them: Smoot–Hawley Tariff Act - Wikipedia

Also, Wall Street and the U.S. Chamber of Commerce (who represent trillions of dollars) hate them as well because they also know that they never work.

Wall Street hates Trump’s trade threats as much as it loves his tax cut - The Boston Globe

Tariffs are the Wrong Approach

Are you seriously suggesting that a man (Trump) who has multiple bankruptcies/failed businesses to his credit knows more than most of Wall Street and the U.S. Chamber of Commerce about tariffs?

Business failures mean nothing unless you compare them to business successes. If you end up with billions of dollars and your own jet plane that means you’ve succeeded wildly. Do you understand?

 

[EdwardBaiamonte]

Really?

You kidding.

What? Build cable to US?

Uhuk uhu

Of course not.

1st step:Convert electricity to bitcoin. Chinese are better than US in this regard. Major bitcoin asic manufacturers, GPU manufacturers are in China.
2nd step: "Export" btc to US. There is absolutely NOTHING US government can do to stop it. That is why bitcoin is awesome. There is NOTHING US government can do.
3rd step: Send dollars to China. Okay there are things US can do to prevent this. But well, you know. The last step is optional. Bitcoin is as good as money. The chinese can buy anything they want with it and pay with bitcoin. So 2nd and 3rd step is really optional.

Alas. The chinks shot themselves in the foot. Chinese government ban bitcoin again and again.

Actually, bitcoin can be used as a weapon on trade war. Any country that is hit by trade war can just get cheap energy, build bitcoin and then tada, live. That would greatly blunt effect of any trade war.

Yes, bitcoin price is unstable. But if they use bitcoin to import stuff right away, it's not a problem.

I hate Trump's tariffs...but there are LOTS of things the U.S. government can do to stop Bitcoin. For one, they can make it illegal. So anyone holding it could be prosecuted.
Plus, you could not buy anything in America with it (except on the black market - which would make the product FAR more expensive) because it is not legal tender.

The day the government makes Bitcoin illegal...that is the same day that every medium/major American business ends ALL transactions using Bitcoin.

There is no reason to hate trumps tariffs until you see the final result and certainly there is no reason to restrict our freedom by making bitcoin is legal.

There are TONS of reasons to hate the tariffs. Like, NEVER - to my knowledge - have major tariffs to numerous, major/medium countries (done strictly for economic reasons) worked out for the originating country. Please show me an example in history when they have?
Here is the last time America tried them: Smoot–Hawley Tariff Act - Wikipedia

Also, Wall Street and the U.S. Chamber of Commerce (who represent trillions of dollars) hate them as well because they also know that they never work.

Wall Street hates Trump’s trade threats as much as it loves his tax cut - The Boston Globe

Tariffs are the Wrong Approach

Are you seriously suggesting that a man (Trump) who has multiple bankruptcies/failed businesses to his credit knows more than most of Wall Street and the U.S. Chamber of Commerce about tariffs?

Well Street and chamber of commerce mean nothing given that they had no idea the housing depression was right around the corner

 

[McRocket]

Really?

You kidding.

What? Build cable to US?

Uhuk uhu

Of course not.

1st step:Convert electricity to bitcoin. Chinese are better than US in this regard. Major bitcoin asic manufacturers, GPU manufacturers are in China.
2nd step: "Export" btc to US. There is absolutely NOTHING US government can do to stop it. That is why bitcoin is awesome. There is NOTHING US government can do.
3rd step: Send dollars to China. Okay there are things US can do to prevent this. But well, you know. The last step is optional. Bitcoin is as good as money. The chinese can buy anything they want with it and pay with bitcoin. So 2nd and 3rd step is really optional.

Alas. The chinks shot themselves in the foot. Chinese government ban bitcoin again and again.

Actually, bitcoin can be used as a weapon on trade war. Any country that is hit by trade war can just get cheap energy, build bitcoin and then tada, live. That would greatly blunt effect of any trade war.

Yes, bitcoin price is unstable. But if they use bitcoin to import stuff right away, it's not a problem.

I hate Trump's tariffs...but there are LOTS of things the U.S. government can do to stop Bitcoin. For one, they can make it illegal. So anyone holding it could be prosecuted.
Plus, you could not buy anything in America with it (except on the black market - which would make the product FAR more expensive) because it is not legal tender.

The day the government makes Bitcoin illegal...that is the same day that every medium/major American business ends ALL transactions using Bitcoin.

There is no reason to hate trumps tariffs until you see the final result and certainly there is no reason to restrict our freedom by making bitcoin is legal.

There are TONS of reasons to hate the tariffs. Like, NEVER - to my knowledge - have major tariffs to numerous, major/medium countries (done strictly for economic reasons) worked out for the originating country. Please show me an example in history when they have?
Here is the last time America tried them: Smoot–Hawley Tariff Act - Wikipedia

Also, Wall Street and the U.S. Chamber of Commerce (who represent trillions of dollars) hate them as well because they also know that they never work.

Wall Street hates Trump’s trade threats as much as it loves his tax cut - The Boston Globe

Tariffs are the Wrong Approach

Are you seriously suggesting that a man (Trump) who has multiple bankruptcies/failed businesses to his credit knows more than most of Wall Street and the U.S. Chamber of Commerce about tariffs?

If tariffs are wrong approach you need to say exactly what is a right approach. Funny how you forgot to do that.

Simple...exactly what has been going on, Chinese tariffs have come down hugely over the years...through proper diplomatic channels. And there is no reason to think that would not continue.

 

[Wyatt earp]

thank you for this interesting thread

Glad someone knows babble here..

 

[McRocket]

Really?

You kidding.

What? Build cable to US?

Uhuk uhu

Of course not.

1st step:Convert electricity to bitcoin. Chinese are better than US in this regard. Major bitcoin asic manufacturers, GPU manufacturers are in China.
2nd step: "Export" btc to US. There is absolutely NOTHING US government can do to stop it. That is why bitcoin is awesome. There is NOTHING US government can do.
3rd step: Send dollars to China. Okay there are things US can do to prevent this. But well, you know. The last step is optional. Bitcoin is as good as money. The chinese can buy anything they want with it and pay with bitcoin. So 2nd and 3rd step is really optional.

Alas. The chinks shot themselves in the foot. Chinese government ban bitcoin again and again.

Actually, bitcoin can be used as a weapon on trade war. Any country that is hit by trade war can just get cheap energy, build bitcoin and then tada, live. That would greatly blunt effect of any trade war.

Yes, bitcoin price is unstable. But if they use bitcoin to import stuff right away, it's not a problem.

I hate Trump's tariffs...but there are LOTS of things the U.S. government can do to stop Bitcoin. For one, they can make it illegal. So anyone holding it could be prosecuted.
Plus, you could not buy anything in America with it (except on the black market - which would make the product FAR more expensive) because it is not legal tender.

The day the government makes Bitcoin illegal...that is the same day that every medium/major American business ends ALL transactions using Bitcoin.

There is no reason to hate trumps tariffs until you see the final result and certainly there is no reason to restrict our freedom by making bitcoin is legal.

There are TONS of reasons to hate the tariffs. Like, NEVER - to my knowledge - have major tariffs to numerous, major/medium countries (done strictly for economic reasons) worked out for the originating country. Please show me an example in history when they have?
Here is the last time America tried them: Smoot–Hawley Tariff Act - Wikipedia

Also, Wall Street and the U.S. Chamber of Commerce (who represent trillions of dollars) hate them as well because they also know that they never work.

Wall Street hates Trump’s trade threats as much as it loves his tax cut - The Boston Globe

Tariffs are the Wrong Approach

Are you seriously suggesting that a man (Trump) who has multiple bankruptcies/failed businesses to his credit knows more than most of Wall Street and the U.S. Chamber of Commerce about tariffs?

Well Street and chamber of commerce mean nothing given that they had no idea the housing depression was right around the corner

Apples and Oranges. Besides, show me the video where Trump called the housing crash BEFORE it started.
But even if Trump did (which I seriously doubt), it changes nothing, History has proven that instigating a trade war for economic reasons is always negative for the instigating nation.

And I am still waiting for your link that shows when major economic tariffs on both medium AND major economic powers worked for the tariff originator.
I am not interested in your ideas/excuses...I want proof/evidence or your (and Trump's) words mean NOTHING.

And you did not answer my other question...are you saying that Trump knows more than most of Wall Street and the entire U.S. Chamber of Commerce - yes or no?

 

[EdwardBaiamonte]

Really?

You kidding.

What? Build cable to US?

Uhuk uhu

Of course not.

1st step:Convert electricity to bitcoin. Chinese are better than US in this regard. Major bitcoin asic manufacturers, GPU manufacturers are in China.
2nd step: "Export" btc to US. There is absolutely NOTHING US government can do to stop it. That is why bitcoin is awesome. There is NOTHING US government can do.
3rd step: Send dollars to China. Okay there are things US can do to prevent this. But well, you know. The last step is optional. Bitcoin is as good as money. The chinese can buy anything they want with it and pay with bitcoin. So 2nd and 3rd step is really optional.

Alas. The chinks shot themselves in the foot. Chinese government ban bitcoin again and again.

Actually, bitcoin can be used as a weapon on trade war. Any country that is hit by trade war can just get cheap energy, build bitcoin and then tada, live. That would greatly blunt effect of any trade war.

Yes, bitcoin price is unstable. But if they use bitcoin to import stuff right away, it's not a problem.

I hate Trump's tariffs...but there are LOTS of things the U.S. government can do to stop Bitcoin. For one, they can make it illegal. So anyone holding it could be prosecuted.
Plus, you could not buy anything in America with it (except on the black market - which would make the product FAR more expensive) because it is not legal tender.

The day the government makes Bitcoin illegal...that is the same day that every medium/major American business ends ALL transactions using Bitcoin.

There is no reason to hate trumps tariffs until you see the final result and certainly there is no reason to restrict our freedom by making bitcoin is legal.

There are TONS of reasons to hate the tariffs. Like, NEVER - to my knowledge - have major tariffs to numerous, major/medium countries (done strictly for economic reasons) worked out for the originating country. Please show me an example in history when they have?
Here is the last time America tried them: Smoot–Hawley Tariff Act - Wikipedia

Also, Wall Street and the U.S. Chamber of Commerce (who represent trillions of dollars) hate them as well because they also know that they never work.

Wall Street hates Trump’s trade threats as much as it loves his tax cut - The Boston Globe

Tariffs are the Wrong Approach

Are you seriously suggesting that a man (Trump) who has multiple bankruptcies/failed businesses to his credit knows more than most of Wall Street and the U.S. Chamber of Commerce about tariffs?

If tariffs are wrong approach you need to say exactly what is a right approach. Funny how you forgot to do that.

Simple...exactly what has been going on, Chinese tariffs have come down hugely over the years...through proper diplomatic channels. And there is no reason to think that would not continue.

what has been going on is that we are running a $500 billion deficit with China and our workers haven’t had a pay increase in 30 years. Donald Trump is trying to correct that. You have no solution other than to hope Which is preposterous.

 

[EdwardBaiamonte]

Really?

You kidding.

What? Build cable to US?

Uhuk uhu

Of course not.

1st step:Convert electricity to bitcoin. Chinese are better than US in this regard. Major bitcoin asic manufacturers, GPU manufacturers are in China.
2nd step: "Export" btc to US. There is absolutely NOTHING US government can do to stop it. That is why bitcoin is awesome. There is NOTHING US government can do.
3rd step: Send dollars to China. Okay there are things US can do to prevent this. But well, you know. The last step is optional. Bitcoin is as good as money. The chinese can buy anything they want with it and pay with bitcoin. So 2nd and 3rd step is really optional.

Alas. The chinks shot themselves in the foot. Chinese government ban bitcoin again and again.

Actually, bitcoin can be used as a weapon on trade war. Any country that is hit by trade war can just get cheap energy, build bitcoin and then tada, live. That would greatly blunt effect of any trade war.

Yes, bitcoin price is unstable. But if they use bitcoin to import stuff right away, it's not a problem.

I hate Trump's tariffs...but there are LOTS of things the U.S. government can do to stop Bitcoin. For one, they can make it illegal. So anyone holding it could be prosecuted.
Plus, you could not buy anything in America with it (except on the black market - which would make the product FAR more expensive) because it is not legal tender.

The day the government makes Bitcoin illegal...that is the same day that every medium/major American business ends ALL transactions using Bitcoin.

There is no reason to hate trumps tariffs until you see the final result and certainly there is no reason to restrict our freedom by making bitcoin is legal.

There are TONS of reasons to hate the tariffs. Like, NEVER - to my knowledge - have major tariffs to numerous, major/medium countries (done strictly for economic reasons) worked out for the originating country. Please show me an example in history when they have?
Here is the last time America tried them: Smoot–Hawley Tariff Act - Wikipedia

Also, Wall Street and the U.S. Chamber of Commerce (who represent trillions of dollars) hate them as well because they also know that they never work.

Wall Street hates Trump’s trade threats as much as it loves his tax cut - The Boston Globe

Tariffs are the Wrong Approach

Are you seriously suggesting that a man (Trump) who has multiple bankruptcies/failed businesses to his credit knows more than most of Wall Street and the U.S. Chamber of Commerce about tariffs?

Well Street and chamber of commerce mean nothing given that they had no idea the housing depression was right around the corner

Apples and Oranges. Besides, show me the video where Trump called the housing crash BEFORE it started.
But even if Trump did (which I seriously doubt), it changes nothing, History has proven that instigating a trade war for economic reasons is always negative for the instigating nation.

And I am still waiting for your link that shows when major economic tariffs on both medium AND major economic powers worked for the tariff originator.
I am not interested in your ideas/excuses...I want proof/evidence or your (and Trump's) words mean NOTHING.

And you did not answer my other question...are you saying that Trump knows more than most of Wall Street and the entire U.S. Chamber of Commerce - yes or no?

I didn’t say Trump called housing crash before it started and I didn’t say you should rely on him to predict recessions. But you did say that Wall Street and the chamber of commerce know better after they utterly failed to predict housing recession. Do you understand now?

 

[McRocket]

Really?

You kidding.

What? Build cable to US?

Uhuk uhu

Of course not.

1st step:Convert electricity to bitcoin. Chinese are better than US in this regard. Major bitcoin asic manufacturers, GPU manufacturers are in China.
2nd step: "Export" btc to US. There is absolutely NOTHING US government can do to stop it. That is why bitcoin is awesome. There is NOTHING US government can do.
3rd step: Send dollars to China. Okay there are things US can do to prevent this. But well, you know. The last step is optional. Bitcoin is as good as money. The chinese can buy anything they want with it and pay with bitcoin. So 2nd and 3rd step is really optional.

Alas. The chinks shot themselves in the foot. Chinese government ban bitcoin again and again.

Actually, bitcoin can be used as a weapon on trade war. Any country that is hit by trade war can just get cheap energy, build bitcoin and then tada, live. That would greatly blunt effect of any trade war.

Yes, bitcoin price is unstable. But if they use bitcoin to import stuff right away, it's not a problem.

I hate Trump's tariffs...but there are LOTS of things the U.S. government can do to stop Bitcoin. For one, they can make it illegal. So anyone holding it could be prosecuted.
Plus, you could not buy anything in America with it (except on the black market - which would make the product FAR more expensive) because it is not legal tender.

The day the government makes Bitcoin illegal...that is the same day that every medium/major American business ends ALL transactions using Bitcoin.

There is no reason to hate trumps tariffs until you see the final result and certainly there is no reason to restrict our freedom by making bitcoin is legal.

There are TONS of reasons to hate the tariffs. Like, NEVER - to my knowledge - have major tariffs to numerous, major/medium countries (done strictly for economic reasons) worked out for the originating country. Please show me an example in history when they have?
Here is the last time America tried them: Smoot–Hawley Tariff Act - Wikipedia

Also, Wall Street and the U.S. Chamber of Commerce (who represent trillions of dollars) hate them as well because they also know that they never work.

Wall Street hates Trump’s trade threats as much as it loves his tax cut - The Boston Globe

Tariffs are the Wrong Approach

Are you seriously suggesting that a man (Trump) who has multiple bankruptcies/failed businesses to his credit knows more than most of Wall Street and the U.S. Chamber of Commerce about tariffs?

1)Trump is a free trader and his tarrifs are designed to promote free trade. Smooth Holly was a terrrif not designed to promote free trade but to protect American industries. Do you understand it’s a big difference?

LOL...are you serious? Protecting American industries is EXACTLY why Trump started the trade war.

Trump Says Tariffs Are Needed To Protect Vital Industries, But Are They?


Plus, it makes NO DIFFERENCE WHATSOEVER what the point of a tariff is...they are the same thing no matter what...a tax on imports.

They hurt the economy EXACTLY the same whatever the 'intention'.

Are you really so clueless on this as to believe that a 25% tax on auto imports from Europe hurts an economy more if one reason is protectionism and another is free trade?

 

[EdwardBaiamonte]

Really?

You kidding.

What? Build cable to US?

Uhuk uhu

Of course not.

1st step:Convert electricity to bitcoin. Chinese are better than US in this regard. Major bitcoin asic manufacturers, GPU manufacturers are in China.
2nd step: "Export" btc to US. There is absolutely NOTHING US government can do to stop it. That is why bitcoin is awesome. There is NOTHING US government can do.
3rd step: Send dollars to China. Okay there are things US can do to prevent this. But well, you know. The last step is optional. Bitcoin is as good as money. The chinese can buy anything they want with it and pay with bitcoin. So 2nd and 3rd step is really optional.

Alas. The chinks shot themselves in the foot. Chinese government ban bitcoin again and again.

Actually, bitcoin can be used as a weapon on trade war. Any country that is hit by trade war can just get cheap energy, build bitcoin and then tada, live. That would greatly blunt effect of any trade war.

Yes, bitcoin price is unstable. But if they use bitcoin to import stuff right away, it's not a problem.

I hate Trump's tariffs...but there are LOTS of things the U.S. government can do to stop Bitcoin. For one, they can make it illegal. So anyone holding it could be prosecuted.
Plus, you could not buy anything in America with it (except on the black market - which would make the product FAR more expensive) because it is not legal tender.

The day the government makes Bitcoin illegal...that is the same day that every medium/major American business ends ALL transactions using Bitcoin.

There is no reason to hate trumps tariffs until you see the final result and certainly there is no reason to restrict our freedom by making bitcoin is legal.

There are TONS of reasons to hate the tariffs. Like, NEVER - to my knowledge - have major tariffs to numerous, major/medium countries (done strictly for economic reasons) worked out for the originating country. Please show me an example in history when they have?
Here is the last time America tried them: Smoot–Hawley Tariff Act - Wikipedia

Also, Wall Street and the U.S. Chamber of Commerce (who represent trillions of dollars) hate them as well because they also know that they never work.

Wall Street hates Trump’s trade threats as much as it loves his tax cut - The Boston Globe

Tariffs are the Wrong Approach

Are you seriously suggesting that a man (Trump) who has multiple bankruptcies/failed businesses to his credit knows more than most of Wall Street and the U.S. Chamber of Commerce about tariffs?

Well Street and chamber of commerce mean nothing given that they had no idea the housing depression was right around the corner

Apples and Oranges. Besides, show me the video where Trump called the housing crash BEFORE it started.
But even if Trump did (which I seriously doubt), it changes nothing, History has proven that instigating a trade war for economic reasons is always negative for the instigating nation.

And I am still waiting for your link that shows when major economic tariffs on both medium AND major economic powers worked for the tariff originator.
I am not interested in your ideas/excuses...I want proof/evidence or your (and Trump's) words mean NOTHING.

And you did not answer my other question...are you saying that Trump knows more than most of Wall Street and the entire U.S. Chamber of Commerce - yes or no?

Trumps tariffs are supposed to work by causing free trade. Do you understand what that means?