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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 396.28-0.7%4:00 PM EST
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To: TobagoJack who wrote (168288)2/9/2021 8:17:52 AM
From: Horgad  Read Replies (1) of 218867
 
"I conclude that 'THEY' are soooooooo going to crush BTC"

Agreed, this has been my feeling for a long time. That as long as bitcoin stayed on the fringes as a fad and curiosity that it would be left alone, but that it would be destroyed if as soon as it started to become mainstream. But what I didn't imagine was that some of "THEY" would take significant states in bitcoin. Now it becomes "THEY" versus "THEY".

The "THEY" on the one side includes the younger tech billionaires that control the new and most powerful communication channels and with them a massive, angry, army of younger generations. The "THEY" on the other side I imagine are the usual suspects including more than their fair share of stodgy, grumpy, money and power grabbing, tight fisted, old white men who have no qualms about using the nuke button if needed.

This could get really messy as it plays out. What is going on in the US is not just a bitcoin versus dollar fight or a left versus right fight, but also a less talked about battle between generations. Eventually the younger generation always wins by endurance and the younger generation seems to want a bitcoin world or at least they think they want a bitcoin world. Meanwhile, heavy causalities in the near future seems likely.

Or maybe not... <g>
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