When you will see people flock to the latest scam with open arms, be it tulips, time share, or crypto...you will know that the jig is up...that they have successfully conned the masses into giving their hard earned money in exchange for nothing except the chance to unload the crap onto sime other sucker to make a bit of profit.
Gold is being imported due to impending tariffs. Will gold be used for some kind of backing for Bitcoin and currency? Why are central banks all massively accumulating physicals? GATA has extensive discourse on these topics.
Easy...Central Banks are printing worthless fiat and buying somthing of real value with it. Same thing they've been doing all along, they lent you worhtless fiat so you could go out and buy a house, land, car, etc. They always keep a lien on the physical stuff you buy with the fiat they conjure from thin air. If you don't repay, they seize the asset.
They know damn well that the shit they print for the government isn't even worth the paper it's printed on. They also know that this Ponzi scheme will come to an end soon, it always does (Zimbabwe, Germany, France, England, Venezuela...) In the case of the US dollar, since it is not even backed by oil anymore, what currently guarantees it is a financialy bankrupt governement owing a gigantic $36 trillion...
It amazes me by the amount of ignorant people commenting 😆. Bitcoin and crypto is here to stay. Just like it was in 2017, then during covid and now over 100k. Good luck thinking it's a bubble or some other bs. You're just losing wealth
Bitcoin is a win-win for them, a system of surveillance for the public and takes a big chunk of capital that would have otherwise gone to gold and silver.
Great examples. Saylor has an endless supply of analogies explaining Bitcoin. Everyone believes it to be a scam in the beginning but through research and or a few Michael Saylor videos most will become believers. The 21 million fixed supply with securitized self custody should be a starting point for these closed minded old school fiat victims.
Truer words never spoken. 100 years ago I’m sure 99% of Americans never thought we’d have a worthless paper dollar. Even in’71 when Nixon closed the au window few would believe where we are today.
Diversity is our strength said Joe Biden. And if you dare to disagree, I'm going to prosecute you to the full extent of the law and crush you like a bug. Cuz I believe in freedom of speech… Roflmao
Bitcoin is the test and XRP is the finished product ! Just like the fiat cell phones were flip phone and texting to hours now we have FaceTime! What ever happened to Dash ?
wish I jumped in more aggressively then. my cheapest buy is under $1500. Its not going away. If anyone thinks it is, good, there are only so many, and weekly inflows are staggering
Bitcoin and several other cryptos are the future of decentralized financial freedom. So many people continue to fight the trend because they don’t fully understand the advantages of leaving the controlled banking/financial environment, that has hurt our country in so many ways over the past forty years. Do people remember the 2008 Financial Crisis? That was caused by banks, Wall Street Financial firms and bad policy regulation and oversight by Federal Government agencies. We all have choices to make regarding our personal finances and investments. I hope that our true pride members continue to embrace Bitcoin, as well as Gold, Silver and solid technology companies, that are leading the A.I. and eventual quantum computing revolutions. It is senseless to fight these technological trends; they are happening. Get on board with the future or be left behind wondering what happened. Greg has been right on in his thesis on Crypto. All good things to my fellow pride members!👍🙏🏻🇺🇸🦁
This is why you should be skeptical of all these financial you tubers. So Greg said in the past that he was in bitcoin in 2017. Ok So he wants you to believe that he knew back in 2017 that bitcoin would be coopted by WS and that Trump would win a second term. He must be clairvoyant, because both were required to attract the capital needed to keep the scam going. And If the latter did not occur, likely bitcoin would be around 20k today. That said and to his credit, today as a snapshot, he is correct in my opinion, in terms of the overall trajectory for most G7 countries and as such people should try to move away from counterparty risk assets and add real assets to their portfolio.
When you will see people flock to the latest scam with open arms, be it tulips, time share, or crypto...you will know that the jig is up...that they have successfully conned the masses into giving their hard earned money in exchange for nothing except the chance to unload the crap onto sime other sucker to make a bit of profit.
So glad I listened to Greg on BTC. Thanks for the house and truck Greg!!!
In the case of tulips you're getting something at least. With bitcoin you are not getting shit. What a scam 🤣🤣🤣
The bitcoin chumps really deserve to lose. Bigly
Gold is being imported due to impending tariffs. Will gold be used for some kind of backing for Bitcoin and currency? Why are central banks all massively accumulating physicals? GATA has extensive discourse on these topics.
Easy...Central Banks are printing worthless fiat and buying somthing of real value with it. Same thing they've been doing all along, they lent you worhtless fiat so you could go out and buy a house, land, car, etc. They always keep a lien on the physical stuff you buy with the fiat they conjure from thin air. If you don't repay, they seize the asset.
They know damn well that the shit they print for the government isn't even worth the paper it's printed on. They also know that this Ponzi scheme will come to an end soon, it always does (Zimbabwe, Germany, France, England, Venezuela...) In the case of the US dollar, since it is not even backed by oil anymore, what currently guarantees it is a financialy bankrupt governement owing a gigantic $36 trillion...
What would you rather own?? Fiat or Gold??
It's all good until AI stills your keys.
There's no encryption that can't be broken!
"And it's gone" (South Park)
I saw that bit on SP. hilarious!!!
It amazes me by the amount of ignorant people commenting 😆. Bitcoin and crypto is here to stay. Just like it was in 2017, then during covid and now over 100k. Good luck thinking it's a bubble or some other bs. You're just losing wealth
... everything-bubbles always look like champaign wishes and caviar dreams.
Bitcoin is a rug pull waiting to happen.
The globalists are using it to get the populations comfortable to using a digital currency.
The established beast system will use an entirely different cryptocurrency once the antichrist is on the scene, believe on that.
Tell that to Michael Sayler
That entire thesis originally came from my substack; I'm happy to see it's a main talking points now. Drop by and check it out.
I also did an article stating that the Hyperinflationary nominal price spike in cryptos is irrelevant and meaningless and a trap for dumb money.
-Dillon Critique from; what's THE DILL? (SUBSTACK)
Bitcoin is a win-win for them, a system of surveillance for the public and takes a big chunk of capital that would have otherwise gone to gold and silver.
No me... I am cajones deep in both PM... Real heavy into gold.. GLTA..
It is near perfect money without debasement. Detractors must study it thoroughly before rejecting it.
Great examples. Saylor has an endless supply of analogies explaining Bitcoin. Everyone believes it to be a scam in the beginning but through research and or a few Michael Saylor videos most will become believers. The 21 million fixed supply with securitized self custody should be a starting point for these closed minded old school fiat victims.
Truer words never spoken. 100 years ago I’m sure 99% of Americans never thought we’d have a worthless paper dollar. Even in’71 when Nixon closed the au window few would believe where we are today.
I wish I was following you then I would have bought a lot of it. To late now 2 expensive
you can buy fractional
Not too late its going to 1M
U want 2 loan me a couple 100 grand so I can get some that would be well appreciated
just buy fractional amount
Diversity is our Strength!
-Joe Biden- et al
Diversity is our strength said Joe Biden. And if you dare to disagree, I'm going to prosecute you to the full extent of the law and crush you like a bug. Cuz I believe in freedom of speech… Roflmao
Bitcoin is the test and XRP is the finished product ! Just like the fiat cell phones were flip phone and texting to hours now we have FaceTime! What ever happened to Dash ?
wish I jumped in more aggressively then. my cheapest buy is under $1500. Its not going away. If anyone thinks it is, good, there are only so many, and weekly inflows are staggering
All roads always lead back to gold & silver. This will be no different and that day is soon approaching….
They'll be hard-pressed to find Gold traders willing to catch a falling Bitcoin knife.
Impressive insight Greg.
Tulips, anyone?
Further proof why we listen to Greg.
Bitcoin and several other cryptos are the future of decentralized financial freedom. So many people continue to fight the trend because they don’t fully understand the advantages of leaving the controlled banking/financial environment, that has hurt our country in so many ways over the past forty years. Do people remember the 2008 Financial Crisis? That was caused by banks, Wall Street Financial firms and bad policy regulation and oversight by Federal Government agencies. We all have choices to make regarding our personal finances and investments. I hope that our true pride members continue to embrace Bitcoin, as well as Gold, Silver and solid technology companies, that are leading the A.I. and eventual quantum computing revolutions. It is senseless to fight these technological trends; they are happening. Get on board with the future or be left behind wondering what happened. Greg has been right on in his thesis on Crypto. All good things to my fellow pride members!👍🙏🏻🇺🇸🦁
A slave is born.
This is why you should be skeptical of all these financial you tubers. So Greg said in the past that he was in bitcoin in 2017. Ok So he wants you to believe that he knew back in 2017 that bitcoin would be coopted by WS and that Trump would win a second term. He must be clairvoyant, because both were required to attract the capital needed to keep the scam going. And If the latter did not occur, likely bitcoin would be around 20k today. That said and to his credit, today as a snapshot, he is correct in my opinion, in terms of the overall trajectory for most G7 countries and as such people should try to move away from counterparty risk assets and add real assets to their portfolio.