Replies (23)

Motosashi's avatar
Motosashi 3 weeks ago
TLDR: FED changing the easing setting from off to low/medium. Markets (stocks broadly and housing) correcting as measured in gold, while maintaining in dollar terms.
So we should expect bitcoin to only match the rate of debasement?
This is my model portfolio for mass audiences, many of which would otherwise have zero. It’s not my recommended allocation for people who have studied bitcoin extensively.
The interesting chart was when wars happened. "As Celente says, when all else fails they take you to war!"
Hoshi's avatar
Hoshi 2 weeks ago
a complicated question. Age, country, debt, family, income, and so on are important to consider. But 100% sounds like a good number. Unless you are an athlete. Then I would go 120%. (no financial advice; don’t do this at home kids)
SWIM's avatar
SWIM 2 weeks ago
6%? lol, that is indeed very short.. I only need one chair for utility, but the rest goes to Bitcoin!
If stable coins grow dramatically, does that allow the US dollar debasement to go much further before system cracks appear? Does it allow fiscal dominance to go further than it normally would in a substantial way? Fiscal dominance isn't binary. There's a degree to which things are fiscally dominated. So do stable coins let that fiscal dominance go further? Maybe central banks don't want to buy are 30-year bonds anymore but people in Nigeria are financing USA debt through tether who's buying t bills, right?
Chad Lupkes's avatar
Chad Lupkes 2 weeks ago
Stablecoins will just prolong the inevitable. The dollar, and anything tied to it, will continue to collapse as long as Congress refuses to balance the budget and pay off the debt. The entire house of cards depends on them not doing that, so they will expand the balance sheet and take the national debt to 100 Trillion or higher before they will even seriously ADMIT that there is a problem. The United States is a zombie state. There is nothing that can be done other than exit and wait for the new cycle to declare the truth.
Chad Lupkes's avatar
Chad Lupkes 1 week ago
At some point, the adoption curve goes vertical. πŸ˜‰
A step function. I actually think that is possible Not in the next 10 years
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