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  1. R

    Negative GDP just what the FOMC needed

    I think you all are wrong. Rates are going higher, much higher
  2. R

    Africa adopts Bitcoin!

    USD inflation is about to get hard stop. Most have never seen real Fed tightening but it is upon us. First time ever in my life time they give no shit about stocks, it is all about inflation. Rates going up in a big way.
  3. R

    Africa adopts Bitcoin!

    Still this is very interesting experiment. I think it will not end well, but we will see. As I mentioned before 21mil max can be changed, not easily of course.
  4. R

    Africa adopts Bitcoin!

    Will be very interesting to see if this is beginning of the end or truly new beginning. We shall all see.
  5. R

    Fidelity to Allow Retirement Savers to Put Bitcoin in 401(k) Accounts

    agree and this will allow spot ETF in USA. doubt however migration will be orderly. This would not allow than guys in FTX to manipulate the market the way they do today.
  6. R

    Fidelity to Allow Retirement Savers to Put Bitcoin in 401(k) Accounts

    for sure if tether fraud is just migrated to another one nothing will happen, if however only fully audited stable coins are allowed to be used then game over. USDT team is in a lot of fraudulent trading with FTX. really interesting how it all plays out
  7. R

    Fidelity to Allow Retirement Savers to Put Bitcoin in 401(k) Accounts

    fully audited stable coins are great, but the current market valuation of the whole crypto space is done by fake money that represent 70 percent of daily volume. Fake money have no fear, remove fake money and the fall out will be much bigger than many can even imagine.
  8. R

    Fidelity to Allow Retirement Savers to Put Bitcoin in 401(k) Accounts

    what you need to understand most here not not anti crypto. They are anti fake money that crypto are valued in
  9. R

    Does Trump have to go through the presidential nomination process for 2024?

    DeSantis might, but his wife is having health issues. Hope she will overcomes it, and he kicks Trumps out (yes I know wishful thinking).
  10. R

    Crypto Talent

    try to spend 100k on it. All works easy for tiny amounts.
  11. R

    Crypto Talent

    70 percent of crypto daily volume is in stable coins. USDT has the largest volumes. They have been caught lying about what backs it multiple times. It is all out there if you open your eyes.
  12. R

    Crypto Talent

    Yeah take a look how they live. definitely nuff said
  13. R

    Crypto Talent

    wrong about USD weakening. The new cycle has started it will get a lot stronger. yes you can transfer large amounts of crypto between wallets, but the moment you need to use it or purchase something, we back to the problem you highlighted. You need to convert it to fiat and deal with the bank...
  14. R

    Crypto Talent

    it would not appreciate even close to current rediculous level had it not been for fake money, stable coins that are backed by pretty Much nothing and are allowed to be treated on par with USD.
  15. R

    Crypto Talent

    Exactly I personally think Blockchain will have a huge impact on our society. Love the idea and would love to discuss technical parts. Personally built few project myself on my local Ganache blockchain. The amount of fraud in this space is unprecedented. No one ever saw anything like this...
  16. R

    Crypto Talent

    the answer is simpler - greed and FOMO. There is not a single problem that crypto solved that existed, on the contrary the energy it is consuming making environment worse. It is the best tool for illegal activities for sure. The only reason crypto is where it is is fake money that...
  17. R

    Crash?

    Recent insanity in the housing market needs a correction
  18. R

    Crash?

    it has arrived.
  19. R

    Crash?

    that was not real tightening as we all know. 50 basis points increments through out the year and shrinking balance sheet is real tightening.
  20. R

    Crash?

    they made this bed, and now have no choice. Rates are going up. I have said it few months back (not my words) that when Fed is serious about tightening they will take rates much higher anyone can imagine.
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