Turcker may be right. But whether Haley is too liberal or not is not my concern. Haley is a NeoCon swamp monster (think McCain and Graham). And that is a far larger reason to vote against her. If you want to go back to the G. W. Bush wars then vote for Haley. I don’t. The world is tired of the American war machine that sells cheap but powerful weapons all over the world. The old cold war is over. But NeoCons keep trying to bring it back. They make deals with China. They give weapons to former soviet states. Biden has strengthened the BRICS coalition. Biden has weakened the dollar. And has sowed mistrust for America around the world. And Haley will continue that part of the Biden legacy.
Just so everyone understands. The dollar is weak vs. gold and bitcoin. The other major currencies are weak with the dollar. But gold and bitcoin along with oil as well as other natural resources will be the currency that replaces the dollar. BRICS will use resources and cheap labor to replace the dollar, not other fiat currencies that are just as bad as the dollar.
The saddest day in the history of Bitcoin was yesterday. The USG has now created the mechanism to keep BTC from becoming the people’s currency internationally. All the ETFs are sucking up all the BTC becoming available on exchanges. At some point these ETFs around the world will be able to achieve two possible outcomes.
1) Governments will recall all BTC like the US did with Gold
2) BTC will end up like the mineral asset class, more specifically Gold or Silver, and it will never trade on par with the dollar/fiat worldwide.
Gold is worth today, on exchanges, about what it was worth anytime in past 23 years; if gold were truly a store of value it keep pace with inflation which it DOES not.
For now everyone is thrilled. The only value BTC will have going forward is what the Government directed pricing will be. Enjoy the wild ride up for the next couple of years as the governments of the world recon with this fiat buster. It may triple in value a couple times of year for the next four or five years while everyone gets a cut of the fee structure, and people’s investments. It is now regulated.
If you have BTC get it off exchanges onto Ledger type devices, and imprint your keys into metal and make backups of the transactions in paper and video file format. Keep it in a high temp fireproof safe.
If you don’t have BTC get yourself 1/10th of BTC even if you have to finance it. If you think that’s too rich then get some Solona which is sold by the “bit” so you could purchase a hundered dollars a month on Coinbase.com automatically.
If you spend $5000 on BTC or SOL or Tesla stock, if you can afford it with your tax return or on a credit card, it will be the best store of increasing value at this time.