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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 396.28-0.7%Dec 31 4:00 PM EST

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To: sense who wrote (168406)2/11/2021 12:11:01 PM
From: TobagoJack  Read Replies (1) of 218871
 
Re <<Two, because the more money they enable being diverted into btc the more money that diverts from gold...

So, when they do pull the plug on btc, the key impact will be to evaporate a large portion of money... which is money that has already demonstrated a willingness to back fiat alternatives. If that money flowed into physical gold, instead, it couldn't be evaporated. Since it flowed into bitcoin it can easily be disappeared. Gold cannot be legislated out of existence. Bitcoin can be.
>>

Love that logic. Certainly a good plan as plans go. Good enough to at least try. Funny especially that I know folks, my self included, that sees BTC and faster-gold, and intends to covert to gold at some juncture. And so the struggle is on.

Given the mathematical, physical and metaphysical setups,

- Team China disallows all crypto trading on the mainland but encourages BTC mining at 65% global output

- Team America wants to disallow China-China-China TikTok on national security basis but stitches BTC into financial DNA

- Team China encourages wide gold (alt-USD) ownership

- Team America (JPM) denigrates both gold and BTC

- Team China must at some juncture unhitch from USD

- Team America must at some point disassociate from gold

It will be exceedingly easy for Yellen / Powell to make the case that CCP-associated / and criminal-favorite BTC and all crypto are dangerous to national security, true or false, and likely true.

It would be laughable to testify that gold is dangerous to USD, even if not exactly untrue.

A muddle.
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