Greg the only thing that bothers me with crypto is you still need the internet to transact . And its still not really backed by anything?? I honestly believe these psychopaths will shut us out of the internet eventually if you dont take their jabs or what ever else they have in store. Its a good concept but I still see junk silver and metals being used and accepted more when this thing goes down and we are all going to be dealing locally . The system may still be up but those who refuse to take "the mark" will not be participating in it so the crypto will be out the window anyway unless we create our own internet ? Just throwing some thoughts out there
Please Greg, don't try to educate the crypto haters. I need them to make me rich. They will be the ones FOMO'ing in at the top, while I am UNLOADING my bags onto them at that same top. I've done it THREE TIMES already. Once with Cardano (ADA). Once with Dogelon Mars (ELON) and once with Shiba Inu (SHIB). Psychology is psychology man. They will come back and do the SAME THING over and over again making me RICHER AND RICHER. 🤑🤑💲I just wish I had discovered crypto trading a long time ago. Eeeeeheheheheheeee 😁😂😃
I like dogs. My neighbour has one. We have a cat. I also like cats. I noticed the fur of both animals is significantly different. The dog hair is thick and course. The cat hair is lighter and silky. I prefer the nose of a dog to boop because it's so moist and squishy. Cats don't have moist noses. I don't like that about cats. One of the best feelings is having animals eat out of an outstretched palm. Their tongues and saliva is ticklish 😍 Coco is a cute dog!
Digital transformation produces eye - rolling . Many think CBDC is going to be rolled out soon and that the world is going paperless. Others think something is being rolled out to cause less humans. You can’t make this s—t up! Others think the operating system of human civilization has been hacked and another at Google issues a warning and quit their job because of the human danger of AI. It’s not funny and it’s all over Fb newsfeed this evening! 🤔
As SOON as the CBDC comes online decentralized crypto is going to the MOON 🚀 🌙
Why? Because people who understand crypto are going to pile into decentralized crypto so their every transaction won't be tracked by the centralized CBDC crypto.
I believe you’re correct because people are going to be looking for ways to profit and like Greg said you can hold crypto. I read that several banks have been downgraded to negative.
Now there is a reverse ATM in some areas that turns cash into a card for a cashless society .
I don't know much about crypto, but if I will do it one day, I would want decentralised. No KYC. Cold storage. Basically, like buying silver and gold anonymously with cash bills and keeping it in one's own custody. That's for long-term investment. For trading, I'm sure those centralized platforms are fine (perhaps even necessary for excellent liquidity?).
vs. decentralized cryptocurrencies, not centralized vs decentralized platforms.
All trading platforms are centralized. They are controlled by someone or something. Some cryptocurrencies are centralized, most are decentralized. You want to make sure you are loaded down with decentralized cryptocurrencies.
Greg, the Australian central banksters (RBA) raised rates today to 3.85% (25bps) when the expectation was a third pause at 3.60% ⏸️. XJO futures dropped 1% on the news. Like you, I believe Yellowstain and his band of merry freaks will raise rates this week too!
The closure of First Republic Bank by the FDIC (Federal Deposit Insurance Corporation) triggered a banking crisis comparable to the largest in history. Prior to the collapse of First Republic Bank, Silicon Valley Bank and Signature Bank had already collapsed. First Republic Bank's stock prices fell dramatically in the week leading up to its closure, indicating its precarious position.
The controversial takeover by JP Morgan
JP Morgan's acquisition of First Republic Bank, however, occurred under questionable circumstances. The FDIC held an auction for the bank, with bids due Sunday 4/30-23. Today, Monday the first of May, the acquisition of the entire First Republic Bank by JP Morgan was announced. The decision was made conspicuously quickly, prompting speculation that the FDIC's review of the bids was inadequate.
A possible violation of the Rego-Neo Act.
The Rego-Neo Act was passed in 1993-1994 to prevent bank monopolies and backroom deals in the U.S. banking system. It states that no bank may acquire another bank that would result in controlling more than 10% of total insured deposits in the United States. JP Morgan already owned $2.3 trillion in deposits in the first quarter of this year, which puts it at the 10% mark. Nevertheless, JP Morgan's acquisition of First Republic Bank was approved by the FDIC in about 10 seconds, raising questions about compliance with the Rego-Neo Act.
The exception to the rule
There is an exception in the Rego-Neo Act that states that an acquisition can proceed despite exceeding the 10% limit if it is approved by the appropriate state bank regulators. However, in this case, JP Morgan was allowed to acquire First Republic Bank without proper due diligence.
Conclusion
JP Morgan's acquisition of First Republic Bank raises serious questions about compliance with the law and the FDIC's role in the process. Bank customers and the public, in a reputable system, deserved transparency and education in such a matter. It remains to be seen, however, whether the relevant authorities and regulators will conduct a thorough investigation and resolve possible violations of the Rego-Neo Act. At a time when confidence in the financial system is at stake anyway, it is crucial that the integrity and legality of such transactions, as perceived by the public, are ensured. However, I expect that the stability of the banking system will continue to be undermined by questionable practices and backroom deals.
That's right. If you understand blockchain technology, what it is and how it works, and also about the different cryptocurrencies and what they do.....then you will never have to fear CBDC's. I don't. But I do know that the majority of people in America will be TRAPPED by CBDC's because they were too lazy/apathetic to learn about crypto..
Just like 72% of Americans got TRAPPED by the Jab, 99% will get TRAPPED by the CBDC's.
It’s dangerous to be America enemies but even more dangerous to be her friends I heard that on Scott Ritter podcast
France, Germany, Poland and anyone else aligned with America ARE GOING DOWN 👇!
Eeeeeheheheheheeee 😁😃🤣😂
Greg the only thing that bothers me with crypto is you still need the internet to transact . And its still not really backed by anything?? I honestly believe these psychopaths will shut us out of the internet eventually if you dont take their jabs or what ever else they have in store. Its a good concept but I still see junk silver and metals being used and accepted more when this thing goes down and we are all going to be dealing locally . The system may still be up but those who refuse to take "the mark" will not be participating in it so the crypto will be out the window anyway unless we create our own internet ? Just throwing some thoughts out there
Hedging bets with crypto
this guy is losing so hard at life he is praying all of society collapses... sad
Please Greg, don't try to educate the crypto haters. I need them to make me rich. They will be the ones FOMO'ing in at the top, while I am UNLOADING my bags onto them at that same top. I've done it THREE TIMES already. Once with Cardano (ADA). Once with Dogelon Mars (ELON) and once with Shiba Inu (SHIB). Psychology is psychology man. They will come back and do the SAME THING over and over again making me RICHER AND RICHER. 🤑🤑💲I just wish I had discovered crypto trading a long time ago. Eeeeeheheheheheeee 😁😂😃
Coco looks great. That's one beautiful dog. 👍😃
I like dogs. My neighbour has one. We have a cat. I also like cats. I noticed the fur of both animals is significantly different. The dog hair is thick and course. The cat hair is lighter and silky. I prefer the nose of a dog to boop because it's so moist and squishy. Cats don't have moist noses. I don't like that about cats. One of the best feelings is having animals eat out of an outstretched palm. Their tongues and saliva is ticklish 😍 Coco is a cute dog!
🤣
Digital transformation produces eye - rolling . Many think CBDC is going to be rolled out soon and that the world is going paperless. Others think something is being rolled out to cause less humans. You can’t make this s—t up! Others think the operating system of human civilization has been hacked and another at Google issues a warning and quit their job because of the human danger of AI. It’s not funny and it’s all over Fb newsfeed this evening! 🤔
As SOON as the CBDC comes online decentralized crypto is going to the MOON 🚀 🌙
Why? Because people who understand crypto are going to pile into decentralized crypto so their every transaction won't be tracked by the centralized CBDC crypto.
I believe you’re correct because people are going to be looking for ways to profit and like Greg said you can hold crypto. I read that several banks have been downgraded to negative.
Now there is a reverse ATM in some areas that turns cash into a card for a cashless society .
I don't know much about crypto, but if I will do it one day, I would want decentralised. No KYC. Cold storage. Basically, like buying silver and gold anonymously with cash bills and keeping it in one's own custody. That's for long-term investment. For trading, I'm sure those centralized platforms are fine (perhaps even necessary for excellent liquidity?).
I was talking about centralized
vs. decentralized cryptocurrencies, not centralized vs decentralized platforms.
All trading platforms are centralized. They are controlled by someone or something. Some cryptocurrencies are centralized, most are decentralized. You want to make sure you are loaded down with decentralized cryptocurrencies.
If you want to hide, learn about XMR.
I’m making an effort to learn about it. Thank you for explaining. May you have a beautiful day!
https://www.getmonero.org/
https://youtu.be/QrHsFZBab4U
Chicken littles are everywhere for those with little faith
🐔🐓🐤🐣🐔🐓
Mexico just made a law to produce LESS silver ! They are the number on producer . Are the silver miners starting to act like OPEC ?
Wish they make a law to produce less cartels
They have known about it all for decades !
TAKE PROFIT > Nasdaq100
entry @ 12,108 / take profit @ 13,236
+ 35.4 %
Nasdaq Trade in the Chart
https://ibb.co/QCk4qY2
^^^ very stable genius
I will NOT short this market yet.
Greg, the Australian central banksters (RBA) raised rates today to 3.85% (25bps) when the expectation was a third pause at 3.60% ⏸️. XJO futures dropped 1% on the news. Like you, I believe Yellowstain and his band of merry freaks will raise rates this week too!
I have a December VIX call long term and a August SPY put. Wednesday something short term.
https://youtu.be/I5uql9RBSC4
CoCo is sooo sweeet!! Awww he loves you sooo much!! As a kid we had a maltese puppy and he barked at everyone and thing!!!!
STOLEN FROM INTERNET:
"The Collapse of First Republic Bank
The closure of First Republic Bank by the FDIC (Federal Deposit Insurance Corporation) triggered a banking crisis comparable to the largest in history. Prior to the collapse of First Republic Bank, Silicon Valley Bank and Signature Bank had already collapsed. First Republic Bank's stock prices fell dramatically in the week leading up to its closure, indicating its precarious position.
The controversial takeover by JP Morgan
JP Morgan's acquisition of First Republic Bank, however, occurred under questionable circumstances. The FDIC held an auction for the bank, with bids due Sunday 4/30-23. Today, Monday the first of May, the acquisition of the entire First Republic Bank by JP Morgan was announced. The decision was made conspicuously quickly, prompting speculation that the FDIC's review of the bids was inadequate.
A possible violation of the Rego-Neo Act.
The Rego-Neo Act was passed in 1993-1994 to prevent bank monopolies and backroom deals in the U.S. banking system. It states that no bank may acquire another bank that would result in controlling more than 10% of total insured deposits in the United States. JP Morgan already owned $2.3 trillion in deposits in the first quarter of this year, which puts it at the 10% mark. Nevertheless, JP Morgan's acquisition of First Republic Bank was approved by the FDIC in about 10 seconds, raising questions about compliance with the Rego-Neo Act.
The exception to the rule
There is an exception in the Rego-Neo Act that states that an acquisition can proceed despite exceeding the 10% limit if it is approved by the appropriate state bank regulators. However, in this case, JP Morgan was allowed to acquire First Republic Bank without proper due diligence.
Conclusion
JP Morgan's acquisition of First Republic Bank raises serious questions about compliance with the law and the FDIC's role in the process. Bank customers and the public, in a reputable system, deserved transparency and education in such a matter. It remains to be seen, however, whether the relevant authorities and regulators will conduct a thorough investigation and resolve possible violations of the Rego-Neo Act. At a time when confidence in the financial system is at stake anyway, it is crucial that the integrity and legality of such transactions, as perceived by the public, are ensured. However, I expect that the stability of the banking system will continue to be undermined by questionable practices and backroom deals.
And remember; it is all part of the "big show"!"
"Laws" only apply to the poor, not the wealthy.
Hidden message from your President-Elect: Fortuna Silver Mines is a BUY now (May 8th) imo. (added to my position)
The banks are consolidating and preparing for a specific purpose.
That's right. If you understand blockchain technology, what it is and how it works, and also about the different cryptocurrencies and what they do.....then you will never have to fear CBDC's. I don't. But I do know that the majority of people in America will be TRAPPED by CBDC's because they were too lazy/apathetic to learn about crypto..
Just like 72% of Americans got TRAPPED by the Jab, 99% will get TRAPPED by the CBDC's.
The only CBDC slaves will be the ignorant.
Thank you ! You’re awesome!
Hidden message from your President-Elect: Fortuna Silver Mines is a BUY now (May 8th) imo.
Thanks, Greg
You call it like you see it.
So love you Greg!!!
Do you live in another world ?
Biden world
Ah , The Unreal World !
For cowards who rather be slaves and let a few thousand people rule them