1. The world order is changing
2. Debt & debasement is rife
3. AI & Robotics are gaining speed
4. Traditional jobs are under threat
5. Surveillance state is on the rise
But, yeah #Bitcoin is too risky.
Bashing #Bitcoin because you don't get it, is a sure way of getting bashed by fiat that you do get.
Unpopular opinion: Bitcoin can dunk on gold, but not on its history.
Before #Bitcoin, gold was the hardest and most neutral monetary asset in the world.
In many ways, gold's history shows Bitcoin's future.
The future of reserve capital is here, but its just not - well understood.
#Bitcoin
The better your privacy, the stronger will be your security.
#Bitcoin
The markets are spooked.
With recessionary fears - Bitcoin and other risk-on assets have got caught-up between Trump's attempt at reeling-in both - the budget as well as the trade deficits.
However, considering:
1. D.O.G.E cuts restricted to discretionary spending
2. A $36T federal debt with +$1T of interest payments
3. Trump cutting taxes and shrinking tax revenues
4. Rising trade & tariff wars and protectionist policies
And, in the absence of :
1. Significant reduction in mandatory spending across - Social Security, Medicare & Defence, and/or
2. U.S. federal debt (worth $36T) restructuring
There is a higher probability of meaningful contraction in trade deficits vs. similar success with bringing down U.S. budget deficits.
The combination of - a contracting trade deficit with an as-is or expanding budget deficit will lead to:
1. Intermediate-term strong, but long-term weak DXY.
2. And the likely impact of #Bitcoin and risk-on assets will be positive
The recessionary fears will fade-away as soon as the market figures out that Trump's intended transition of the U.S. economy is much harder to achieve that it initially expected.
Hang in there and Hodl strong.
There was a time, when MSM was equally about quality education as it was about unbiased news.
Those days have been replaced with intellectual laziness, propaganda and biased narratives.
Don't know who needs to hear this, but - Beanie Babies and #Bitcoin are not the same.
"Bitcoin is too risky" = "I don't understand #Bitcoin"
1. If this is your first cycle,
2. 100% of your bag is full of micro-alts,
3. And, you are uneasy with market uncertainty.
Then: 100X that fear and 0X your bag - that's what a bear market will feel like.
Be smart. Dump that bag into the next pump and study #Bitcoin.
"Develop budget-neutral strategies for acquiring additional bitcoin" = Revalue gold reserves.
If implemented, both Gold & #Bitcoin will moon.