This is MY circle of Competence!
China does NOT want this "problem" solved!︂ This isn't a problem for them. This is a life savior for them. It's too︃ long to write here. Too many documents I have to upload, but here is one:︄
***I do NOT admit knowledge of cryptocurrencies as I don't know who is who...even people︅ I've been doing business with for years. Think about it... some of you have a︆ wife you have known for years and you STILL wouldn't introduce them to a "courtesan"︇ smi(&%
Anyway, I just pretend to be shocked by the newly acquired information. This convo goes︈ on for a few pages and then we get into a call ... after he︉ "convinced" me to send USD₮ 😉
I'll explain in general terms.... our whole system (capitalist, democracy,︊ etc etc...whatever) is based on "some" pre-ordained politically privileged & connected individuals running a HUGE︋ monopoly (pleonasm, I know). Independent small sellers and independent small resellers with independent end users︌ take away massive profits from platforms like Amazon, Mercado Libre, eBay, etc., etc., that use︍ their excess cash to... we-all-know-what. Basically, feeding the regulatory capture system.
I can't use the︎ regular banking system to wire transfer USD 1.8M to my supplier in that WeChat convo️ for CPUs. It's not really a lot of money for CPUs. For context, it's only a few (~250) Intel Xeon CPU Max 9480 CPUs. See below.
Imagine what the bank monkeys will make me go through before I can wire my own money 😳 ....now multiply that by ∞ and that's how bad they will get when it is time for me to get paid with a "profit" cry&¤ . This isn't even my worst nightmare 🙄 .
My worst nightmare is shipping it, my buyer receiving it, wiring me my money, and then my bank freezing the funds and requesting from me an "Authorized Distribution Letter" from Intel allowing me to resell their specific product stupi#21 . Bank monkeys and their legal monkeys︀ don't care about "Exhaustion of IPR and jurisprudence". In ROI terms, I would be putting︁ at risk USD 1.62M for a gain of only 10% (180K). This is madness! China︂ knows ALL this. 😉
By the way, Intel and its assigns can do much much worse,︃ but no need to write a horror story so early in the new year. You︄ get the point.
If you really want to know more or want me to explain︅ more, shoot me a DM.
