Bitcoin’s dropped over 15% in the last 24 hours or so and I’ve never been more happy to have it in my life. Bitcoin’s fundamentals/incentive structure win out in the end. #bitcoin #blackmonday #recession
The existing financial system is too intertwined. When there is a decline in one part of the economy, multiple parties are exposed and things start to fall apart. Check it out on YouTube ⬇️ #realestate #investing #debt #economy
As we move further into the internet era businesses are operating online and operating globally. This is decreasing demand for commercial real estate space. Check it out on YouTube ⬇️ #realestate #internet #business #economics
I think those who are loading up on long duration treasuries will be pretty disappointed in a couple of years. #bonds #investing
New video! It's no secret that commercial real estate has struggled over the past couple of years. Join me as I discuss the reasons for the drop-off in demand and why it may mean trouble for the broader economy. Check it out on YouTube ⬇️ #realestate #investing #banking #economy
Dollar crashing, stocks crashing, bond market wilding… good thing I have Bitcoin. #recession #stockmarket #dollar #bitcoin #investing
One day people will look back on the US fiscal situation in 2024 and realize just how ridiculous it was. National debt of 35 trillion… trillion dollar deficits… trillion dollar interest payments. The US is bankrupt. #usa #debt #dollar
In times of uncertainty, people look for certainty.
The stock market was BLOODY today, Intel down 23% in after-hours. #stockmarket #intel
What are the probabilities that we get a credit event between now and the September Fed meeting? Bitcoin needs a catalyst that spikes demand to move out of this trading range and above 100K. I’m starting to think it’s more likely that this catalyst will be a breakage in the traditional financial system (ex: bank failures), rather than positive news for Bitcoin. Something that forces people into Bitcoin, as a flee to safety. #fed #economics #investing #bitcoin