Time to sell Bitcoin. Bitcoin belongs to the CCP - the mining is all done on Chinese hardware at Chinese power plants. China's already been exploiting COVID as cover to destroy Hong Kong, and with Biden in the White House they're probably going to do the same to Bitcoin.
I've been saying Bitcoin is shit for this reason among others. I'm a huge crypto believer, but it has to be a crypto that is truly decentralized. No way I'm trusting anything that's concentrated in China (or concentrated anywhere). Seeing how easy it is for companies to be compromised by SJWs I don't trust any concentration for something like a global monetary system.
It's a shame that bitcoin became the go to crypto simply because it was first.
They have over 70%. That the hardware doesn't belong to them is a legal fiction that will be swept aside when the totalitarian communist dictatorship arrests the owners for money laundering and confiscates their stuff.
The time to buy real estate is now. The housing market is going to go nuts once another round of subprime mortgaging starts. Just need to dump all the property you got before the inevitable collapse in 6 years.
These people aren't democrats. They're globalist communists. They think redistributing America's quality of life to the third world is their sacred duty.
They'll do the same kind of fuckery that had Clinton "balance the budget."
Spoiler: it was smoke and mirrors. Accounting tricks "balanced the budget", not actually balancing spending & taxes.
Veritas, the soviet newspaper, would talk about record harvests made possible only by the grit of comrades that were using state-techniques for farming. The people standing in line to the state food market would read this, then finally make it inside and see bare shelves.
Housing market will be "great" but no one is buying or selling. Stock market will be "great" and hitting new records but there will be equal new records in the price of essentials like gas, food, etc.
Our economy is going to be completely fucked. They want to pause everything while at the same time accelerating all this nonsense.
Time to buy BTC.
On one hand, yes. On the other, Dogecoin is worth a penny.
Bitcoin has almost doubled in value since a month ago. it's going to keep rising as bad news in the USA keep developing.
Dogecoin is a penny.
Regardless of your opinion on the future of crypto, only irrational exuberance discounts a bubble here.
Time to sell Bitcoin. Bitcoin belongs to the CCP - the mining is all done on Chinese hardware at Chinese power plants. China's already been exploiting COVID as cover to destroy Hong Kong, and with Biden in the White House they're probably going to do the same to Bitcoin.
The tether shit is going to fuck the market sooner or later
I've been saying Bitcoin is shit for this reason among others. I'm a huge crypto believer, but it has to be a crypto that is truly decentralized. No way I'm trusting anything that's concentrated in China (or concentrated anywhere). Seeing how easy it is for companies to be compromised by SJWs I don't trust any concentration for something like a global monetary system.
It's a shame that bitcoin became the go to crypto simply because it was first.
The CCP doesn't have 51% of Bitcoin's computing power.
They have over 70%. That the hardware doesn't belong to them is a legal fiction that will be swept aside when the totalitarian communist dictatorship arrests the owners for money laundering and confiscates their stuff.
Because they totally don't know people are doing that.
You'd be safer from USD inflation.
They will push MMT policies.
MMT policies are unsustainable and they will result in massive hyperinflation.
The economy will be fucked.
There is no way to go full money printer go brrr and not face the consequences.
They can prop up the stock market for a little while but it will still pop.
The housing market will undoubtedly get demolished under Biden/Harris.
The time to buy real estate is now. The housing market is going to go nuts once another round of subprime mortgaging starts. Just need to dump all the property you got before the inevitable collapse in 6 years.
Even Biden isn't dumb enough to do MMT. Certainly Yellen isn't.
The Democrats of today are not behaving like they did in 2008 or 2012.
That is the problem.
They have gone full tilt on crushing opposition, pushing their woke religion and forcing all of their policies through.
You won't get Obama's third term.
This will be something far worse.
Look at Biden's Cabinet picks and compare it to Obama 08 and Obama 12.
You are vastly underestimating what is coming.
These people aren't democrats. They're globalist communists. They think redistributing America's quality of life to the third world is their sacred duty.
Is MMT "Modern Monetary Theory"? It is the only definition I see that makes sense in context.
Yes
Biden already said they're going to incentivize giving mortgages to everyone again. It is going be the housing boom/bubble all over again.
Hmmm, fudging the numbers like Chyna. Interesting theory.
They'll do the same kind of fuckery that had Clinton "balance the budget."
Spoiler: it was smoke and mirrors. Accounting tricks "balanced the budget", not actually balancing spending & taxes.
Veritas, the soviet newspaper, would talk about record harvests made possible only by the grit of comrades that were using state-techniques for farming. The people standing in line to the state food market would read this, then finally make it inside and see bare shelves.
Housing market will be "great" but no one is buying or selling. Stock market will be "great" and hitting new records but there will be equal new records in the price of essentials like gas, food, etc.