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Could gold replace the dollar if the need arises? Or would bitcoin be better suited…
Barstool Sports Boss Baits Bitcoiners In Front of 1.7m Followers
17 Mar 2020
Bitcoin is basically flat today and the stock market is down double digits. Don't hear many people yelling about "BITCOIN IS CORRELATED!" today. Truth is correlation doesn't matter over short periods of time. Over months and years, Bitcoin remains a non-correlated asset.
16 Mar 2020
3/15/2020: The collapse of the current financial system. The day the world and central banks realized they are powerless in the financial system they created. Come on Bitcoin, now is the time!
13 Mar 2020
No, Bitcoin as a store of value isn’t dead just because it had a super shitty day. No, Ethereum and defi aren’t dead just because they had a super shitty day. In the coming months the world will see what anti-fragile means.
12 Mar 2020
I have been saying for months that central banks were going to cut rates and print money around the same time that the Bitcoin halving occurred. The set up is better than a Hollywood script.
11 Mar 2020
The S&P 500 is down more than 10% in 2020. Bitcoin is up more than 10% in 2020. Bet your financial advisor is still telling you how safe equities are and how risky Bitcoin is though. Show them the data and ask why you shouldn't fire them!
10 Mar 2020
Bitcoin is back to where it was 3 months ago, and the bears are already euphoric. They should at least wait for a new low below $3k imho.
06 Mar 2020
I'm thinking of experimenting with giving Bitcoin in a different way. First, it's timelocked. The recipient can't spend for 6 months. Second, it's backed up. If the recipient doesn't move the coins in 18 months, I get to take it back. Any holes in my scheme?
05 Mar 2020
Again, I think it makes more sense for bitcoin to drop ahead of the halving, rather than continue to surge in anticipation of it. BTC mining breakeven price almost doubles after halving; wouldn't miners like to sell BTC to secure many months of costs?
04 Mar 2020
The Federal Reserve just did an emergency rate cut of 50 basis points only two months before the Bitcoin halving. I’ve been saying for awhile they were going to cut rates and print money at the exact moment that Bitcoin’s supply shock happened. You couldn’t write this script.
03 Mar 2020
Bitcoin is the only cryptocurrency that works and will ever work get it through your thick fucking skulls already.