Replies (25)
This is what you get when you sell too much of a capped asset to your enemy too fast.
Who could have predicted this shit eh? ๐
Pretty much, yes.
Bitcoin was never supposed to be "Regulated".
It evolved to Fuck The System, not to be fucked by it!
Still better to hold than fiat but, sad times.
Yes but only if the US gov doesnโt go bankrupt first ๐๐๐
The whole thing is about to collapse!!!
we have quite a few years of slow grinding higher I think. TradFI bought ETFs instead of the real thing.
Accelerate! LOL
Yes, the level of retardation about regulation is off the charts.
The level of retardation out there blows my mind sometimes.
This Iran war is giving me hopes. The empire is not only losing militarily but also economically in a big way
Bitcoin originally grew from the ground up, driven by individuals who were losing trust in the traditional financial system. That kind of organic adoption is much harder to achieve now. As more people become disillusioned, itโs increasingly difficult to convince them that Bitcoin is the solution, even if it still is.
Most people dont realise that the money isnt real. Hard to help people like that.
All empires require bread and circus acts- even more so now with the blatant destruction caused by the Boomer generation. Cant let the housing or stock market contract. Muah 401k-
I see systemic bank failures as the only path forward to explosive growth
Why would they fail? All banks would be bailed out.
Bailout for the currency not for trust. Each bailout erodes trust and the bailouts will become closer together, cauterizing into memories
The USD will be here another 50 years or so at least. It is the strongest fiat currency of them all.
That follows logic unfortunately Trump is an imbecile who is being blackmailed. All hell breaks loose at 200 bucks a barrel of oil and the subsequent bond market implosion which is well underway
i see it more that they want to keep prices from falling so oil/diesel is manipulates higher to cause / cover the money printing.
Yeah but America is at 120% of GDP in debt... Typically bubble burst or currency changes at 70%...
When the economy collapses, it takes everything with it...
Yes paper BTC has won over the hearts of those crazy enough to purchase a I.O.U in hopes of more fiat ๐คฆ๐ฝโโ๏ธ
20% of all the oil and 35% of all the fertilizer goes through the Straight of Hormuz. Europe is running out of gas this week and the US next ๐
artifical scarcity. imo
the dollar is the world currency though and tied to oil price. thats why triffin dilema is already working...
Can't get it out of the ground nor transport it โ ๏ธโ ๏ธโ ๏ธ