While the world sleeps, Bitcoin keeps running. Stay focused, stay stacking.
What’s a must watch movie? Looking for something good.
What is the correct allocation to gold if any?
I think Bitcoin will demonetize gold, but gold still serves as an insurance policy on Bitcoin. If it were to fail somehow (I don’t think it will) gold would be the next hardest asset.
#gold #bitcoin #money
Do you have any predictions for this Crypto Summit? Do you think we’ll actually get some positive news for Bitcoin or will this be a dud.
#bitcoin
Is there a place for traditional automakers like Ford and GM in the future? It’s going to be tough for them to compete with newer companies who are producing high-quality EV’s and other high-tech cars.
#auto #stockmarket #ford #gm
If you could short one asset what would it be?
Are you invested in cannabis? Looking at the size of the alcohol industry and the underdevelopment of the cannabis industry due to it being prohibited in many places, I feel like there is a lot of room for growth.
The younger generation has been shifting away from alcohol and cannabis may be a worthy substitute moving forward.
In many places cannabis use is looked down upon, but you never know the culture can change.
#cannabis #investing
Can someone give me a run down on blue sky? My mom just told me about it 😂 the web says it’s decentralized social media and Jack Dorsey is the creator so I’m curious.
#bluesky #socialmedia
Government stimulus doesn’t help the economy. It just temporarily alleviates public concern as people see their investments/business benefit in the short term. If you’re the party receiving the stimulus it’s good for you, but someone else is paying for it. It leads to the same problem down the road at a higher price.
#government #stimulus #inflation
Bitcoin and probably gold are the winners with this global economic havoc. People will look to safety/uncorrelated assets with all the uncertainty in the markets/global financial system. When governments come in and provide life support (liquidity), bitcoin will soak it up.
We may see more downside before we see upside for Bitcoin.
But sooner or later people realize that Bitcoin is not a risk asset, Bitcoin is the lifeboat.
#bitcoin #recession
