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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (198084)9/3/2025 6:52:52 AM
From: Goose94Read Replies (1) of 201954
 
Bitcoin: Fawkface BitCon Distrust in Data and a Takedown of Bitcoin

Throughout the interview, Dohmen expressed profound skepticism of official economic data, particularly the jobs numbers from the Bureau of Labor Statistics. "We call it the BLS - stands for Bureau of Lying Statistics," he said. "All these economic statistics out of Washington, they are untrustworthy. You cannot trust them. They're as bad as those numbers that come out of China."

He reserved some of his sharpest criticism for the cryptocurrency market, calling Bitcoin "a figment of the imagination" with an intrinsic value of "zero." He drew a direct parallel to the largest fraud in financial history to illustrate the risk. "Bernie Madoff had the biggest profits... until they found out he made no trades," Dohmen said. "The scams will go to record highs."

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