this...BTC's move this week is not as an "inflation hedge" but the "prophecy" of "flight to safety" coming to pass.
If you think the Fed will stop hiking, look at Bitcoin
- Thread starter Maverick2608
- Start date
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NO or any con, even a bit con or crypto cr*p
[YES\ i know WMT sell$ 50# bags aged cow CR*P, but that's a real market.]
My banker dad did spend some bucks on a a con with me once , a movie named ''THE Sting''[1973 ];
But it was real small part of his net worth. NOt a get rich quick scheme/LOL
In that movie ''The STING',' a successful sting [con] is when the mark never knows he got in a con/LOL]
And they're drawn to BTC because of its stability?
SVB failing, and then being saved, are both arguments for bitcoin.
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So since a movie a named the Sting, made millions 1973, that 1973 move or movies was ad for bit con also?? Some may say well that is a younger con than 1973. Ok
LOL Partial disclosure\ my banker dad bought US tickets for that move ie ''The Sting'' [con]; so was he promoting a con??
Or an admission of a bankers failure??It’s 100% stable from a credit risk standpoint which is the point here
Because you can lock them up in your cold wallet and they can only pry them from your cold hands.
Even crypto doubters like I am understand that much.
Even crypto doubters like I am understand that much.
The bank was not saved, it's depositors were rightly so. Huge difference. Bailouts in 2008 were very different from saving depositors. We are not talking about investors here.
Except that its value seems to float on turbulent air and pump/dump speculation.
I rather would have my money parked in bitcoin right now compared to an account with a US regional bank. It's my belief. And if others believe the same then you get to a bitcoin level of 26k. As much as I don't believe in cryptos you really pick any object tof your imagination as long as you get sufficiently many others to believe the same.