Loading ...Ipso – if you were stranded in post-flood Asheville, NC without power or communications, and there was a guy out there that had a helicopter or a four-wheel ATV and could get you and your family out, what do we think he would be more likely to take as payment for transport? Promise of Bitcoin that you can’t show him you actually have, or can transfer to his account, cash or silver or gold? I’m pretty sure I wouldn’t take the promise of Bitcoin at a later date, and it’s not even likely the guy has a Bitcoin account. Even if we were Bitcoin billionaires, our ability to pay would be zero. I don’t understand the lure of Bitcoin, it feels like it’s a front for the CBDC’s.
Captain – makes sense. Seems the last COT report, the bigger buyer of short positions were the non-commercials. It almost looks to me like they are playing the same game but in the opposite as the banksters. I’ve always felt the only reason the banksters ever held any long positions was to dump them on the market at opportune times so they could bank their shorts for a profit.
You’re right, things aren’t working as easily as they used to.