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To: RandFan
He’s been a bitcoin cheerleaders for years over precious metals as a speculative asset, mainly for portability and speed as a way of moving money and as a store of value. Track bitcoin’s value versus gold over the past 10 years.

Or, try sending $100k worth of gold to someone in another country on a Saturday.

As for Microstrategy, he gave every single shareholder full disclosure of their bitcoin buys before they executed them, and offered a market price to exit if they weren’t comfortable with it.

At some point, either in the next few weeks or next few months (or unlikely but still possible, the next year or two), bitcoin will be back to $50k or higher, so you can treat this as an opportunity to double your money, or you can post Twitter trolls who seem to have a huge lack of knowledge of the subject of their ire.

If it’s not your thing then it’s not your thing, and you can go back to listening to the Charlie Mungers of the word. But the celebrating here over bitcoin’s supposed death is teetering between amusing and hilarious to people who’ve been watching this for a while and have seen it all before.

17 posted on 05/11/2022 9:48:04 PM PDT by GunRunner
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To: GunRunner

What they completely miss is the ability to make money because of the fact that it’s volatile.


19 posted on 05/11/2022 9:54:44 PM PDT by NoLibZone (Ruling class noticed our total lack of pushback for how the election & Covid was handled.)
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To: GunRunner
... bitcoin will [eventually] be back to $50k or higher, so you can treat this as an opportunity to double your money, or you can post Twitter trolls who seem to have a huge lack of knowledge of the subject of their ire.

What may be viewed as 'huge lack of knowledge' may actually be in fact a huge understanding of a different knowledge base.

Those 'in the know' folks that watch past performance comparing price of gold to BTC 10 years ago and that the 'currency' is seemingly private, might do well to consider some of the opposing knowledge, and research for themselves such issues as:

ISO20022, Tier 3 Assets, RV, fractional-reserve bankstering, fiat Central bankstering and the so-called FED

Great Awakening, and how it relates to Wall Street AND BTC

NESARA and GESARA

That there are PM-backed crypto and non-PM-backed crypto (BTC)

The shadowy creator of BTC, and how it could very well be CIA money laundering, with the cover of good and decent folks trading a portion of it

24 posted on 05/12/2022 4:25:25 AM PDT by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
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