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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (168346)2/11/2021 7:12:47 AM
From: sense2 Recommendations

Recommended By
Haim R. Branisteanu
pak73

  Read Replies (1) | Respond to of 218863
 
I think not hard to make the argument that there are two reasons they opted to continue the btc experiment by enabling trading in btc futures and options...

One, because doing that might be expected to enable banks in controlling btc the same way they have gold by manipulating the market price using those tools...

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.