Replies (57)

ARVIN's avatar
ARVIN 1 year ago
My IQ dropped from 80 to 77 after watching this.
I don't agree with Lumis. You don't sell "some" of the gold. You either sell the whole lot, or don't sell any at all. You keep it and even accumulate more to hedge, or you dump it and do your best to completely destroy it. Saylor's game theory on this is spot on.
unknown's avatar
unknown 1 year ago
The idiocy never ceases to amaze me.
deleted's avatar
deleted 1 year ago
Cry harder. My dog loves the salt.
BTC Freedom's avatar
BTC Freedom 1 year ago
She said “Bitcoiners invested in the Hawk coin” 🤣🤣🤣 What a clown 🤡.
>This would be the biggest bonus boon right there before our eyes transferring billions of dollars to an industry we know almost nothing about that’s packed with money laundering and bad deeds. 🤡⚓️ unintentionally complaining about TBTF bank bailouts in a Bitcoin segment
This makes sure all libtards watching them will not save their money… making their audience poor… twisting them up about everything… recommending drugs and poor diet…. Genocidal cult members.
aGon's avatar
aGon 1 year ago
The classic "I don't understand it but I know it's bad" argument
CB's avatar
CB 1 year ago
Sounds like she got wrecked on Doge
No, the bill does NOT propose to sell off any of the Federal Reserve's gold to buy Bitcoin. TL;DR: The bill doesn't propose to make ANY changes to the custody of U.S. held gold AT ALL. First off, the Federal Reserve does NOT even own ANY gold; the U.S. Treasury does. Second, the gold is ALREADY used as collateral in the form of gold certificates held by the Federal Reserve. These gold certificates are currently valued at the 1970's era price of $42.22 per ounce for a total of ~$11B. This bill simply directs the updating of these gold certificates to reflect the current market value of gold and for the Federal Reserve to provide the U.S. Treasury with the ~$700B difference. "(c) Federal reserve system gold certificates.—Not later than 180 days after the date of enactment of this Act, the Federal reserve banks shall tender all outstanding gold certificates in their custody to the Secretary. Not later than 90 days after the tender of the last such certificate, the Secretary shall issue new gold certificates to the Federal reserve banks that reflect the fair market value price of the gold held against such certificates by the Treasury, as of the date specified by the Secretary on each new gold certificate. Upon issue by the Secretary, each Federal reserve bank that receives a new gold certificate shall remit the difference in cash value between the old and new gold certificates to the Secretary for deposit in the general fund within 90 days." https://www.congress.gov/bill/118th-congress/senate-bill/4912/text
Spike's avatar
Spike 1 year ago
We are so fucking early
i think part of it is because it showcases seemingly severe levels of delusion thats leading people to make objectively bad decisions (not that this doesnt happen routinely in the mainstream media)
𝟭𝗨𝗣's avatar
𝟭𝗨𝗣 1 year ago
"bitcoin hasn't delivered any of its promises" 🤣 😂
rand0mguest2's avatar
rand0mguest2 1 year ago
I think reality is starting to set in for them. It’s becoming real, no longer a joke they treated it as. It’s amazing. Some of my favorite content ever.
They're prepping their leftist base prior to polling early next year to see how much political capital they can afford to waste opposing policies people want.
Yeah, I agree. The bill in question says nothing about selling any gold, though. I don't suppose you could possibly be particularly surprised that this woman is lying to you.
"All truth passes through three stages: First, it is ridiculed; second, it is violently opposed; and third, it is accepted as self-evident." Arthur Schopenhauer