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Re: swingingRichard post# 75814

Saturday, 06/11/2022 9:09:26 AM

Saturday, June 11, 2022 9:09:26 AM

Post# of 109418
Actually, I interpret this article of ElSalvador as a very serious potential opportunity, hypothetically, for AABB.

From the article-----"More speculatively, El Salvador might be able to secure some financing from large players in the crypto space, the so-called “whales” who want to keep the idea of "nation-state bitcoin adoption" alive. Stablecoin issuer Tether, crypto exchange Bitfinex or others could extend support with a direct loan to the government, by buying domestic bonds or simply depositing U.S. dollars in banks in El Salvador, which the banks could turn around and use to buy government debt.".

Now, aside from the counterpoint that I'm dreaming but consider , just for yucks, if AABB , in production of gold from Tequila, or hopefully, Bonanza, and fund/ loan
$x-millions of dollars , and thereby locking in a seat at the table, in terms of proliferation of AABBG? AABBX PayAABB, etc. In such a hypothetical scenario, IF AABB , in fact, had such resources to loan/fund, AABB could , through legislative enablement, become the crypto for El Salvador, for the integration of AABB woven into the retail consumer and the businesses.

El Salvador has been weakened, and might welcome AABB with open arms, and with beneficial terms for AABB. Ya know, it makes sense !!!! IF AABB has the gold.