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I try to de-tox myself by avoiding any more toxic feminism and other wokeness the sheeple like to follow lately. There is only so much craziness out of Hollywood I can put up with.

They will get less time than a bank-robber here stealing not even a thousandth of the value.

You are saying we are not? So why is the West bankrupting itself printing more paper that it can't even support... sending it all to the 'war effort'? :confused:

It's also the same company that IBKR goes through when you purchase crypto on their platform. If it's good enough for hedge fund traders, then I'm not too worried. Thomas Peterffy trusts them. Also, Paxos has some interesting stuff, I've been waiting on the sidelines for their gold-backed...

The problem with Libra, is it wasn't even de-centralized IIRC? It's been years now since I read the book on that shit-coinnery though. But I certainly do NOT want to waste those brain cells all over again on a re-read. I believe the real worry, was that if you posted something Mark Shitterberg...

I picked up a whole pile of books again today from thrift stores. The first one, Confessions of a Street Addict. You can laugh, and I'm not a fan of Cramer. But I remember Pharma Bro mentioning this was one of his top books to read (right before he went to prison). So I've had it on my list for...

I was just listening to the radio moments ago. Looks like a lot of banks just got hit with more downgrade ratings (not surprised).

On the one hand, I would like to see BRICs work, on the other hand, we don't because Russia and China would be the worst of the big players in that system. As much as we have almost lost all free speech in America (Elon is trying to still hold Twitter platform as a free-for-all in speech)...

I've got the book in my library, just trying to get time to read it :)

Canada... No matter how many times, Quebec just refuses to separate from the country. But the prime minister's wife does! :D

As I have said, the risk to BRICs, is that as soon as it takes off (and it may very well do so shortly), it is just a matter of time before it will start to get debased all over again. There will be an excuse... and then another... and another... So it will put the world into the same problem...

That's enough McKenzie, now STOP. Just stop right now, before you further wreck your acting career. There are far better ways to try to hype and plug your shitty book, than coming onto Elite Trader and making a shameful post linking to your shitty book under false pretenses of 'just curious...

BRICs backed by gold will win. Hands down. Already US bonds are downgraded and no longer counted as risk-free investments. The US will try to resist, but in the end we may see two world/reserve currencies in existence. Blue-chip cryptos AND BRICs. Dalio has already mentioned this is not...

LOL! I've been planning to read it just to see how terrible it is. We've already discussed the author here on Elite Trader recently I believe. The author is literally one of the WORST crypto-traders in existence. So now he has turned bearish and advises to everyone else it is a failure and to...

https://www.cmegroup.com/markets/cryptocurrencies/ratio/ether-bitcoin-ratio.html?utm_source=marketing_cloud&utm_medium=email&utm_campaign=2023_ether_bitcoin_ratio_futures&utm_content=20230731&utm_kxconfid=vpwpdpbbo

If you were to ask Saylor, he'd tell you that BTC is backed by the energy used by all the miners in the world :D As for Tether, it was SUPPOSED to be backed 1:1 by paper-fiat. They even stated this publicly to gain trust. But then they ninja-edited that out, right around the time allegations...

Shocked. Just shocked here! :wtf: If you can't trust a Tether-bank, who can you trust?

The fact people STILL are foolish enough to think Tether is unlikely to implode reminds me of all the gullible people that were chanting the same about Terra... I think it's inevitable now as we have people who still choose to ignore history. I just find this fascinating. Does it seem everyone...

After 2018, there are too many other scandals by Tether to keep track of :sneaky:

Like Telebs says... the Turkey peeks out day after day, and assumes everything is fine. He didn't get decapitated the other previous days, so everything must be fine. And then... it's the day of Thanksgiving! I watched people defend Terra using the same argument. It did not end well, and I was...