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

To: Roads End who wrote (169180)	3/5/2021 4:48:24 PM
From: TobagoJack	Respond to of 219150

Re <<_BTC>> It seems to be behaving quite well. Any price under 50K seems a floor of sort even as ‘they’ mouth off about bubble, mania, corruption, criminality, etc etc and the need for legislation. The rebellion seems pumped up by religious faith. Am not big on religion but good with faith. Should BTC survive the testing and overcome ‘them’, then yes, the upside limit become a lot less limiting. Should ‘they’ shut down the exchanges, the unintended consequences can be many, and some might matter a great deal.

To: Roads End who wrote (169180)	3/5/2021 7:17:44 PM
From: TobagoJack	Respond to of 219150

Let’s see if BTC can break 50K over the weekend. Whilst true that folks are selling, but other, and braver or better-backed folks are buying, and 100M folks are holding. 7.9B to go. I see no mathematical reason why a Satoshi cannot transact at US$ 0.01, or more, as the $ dilution continues

To: Roads End who wrote (169180)	3/6/2021 12:19:07 AM
From: TobagoJack	Respond to of 219150

<<BTC>> is for the eventuality of Venezuela going global and the world gets done turning Japanese Biggest threat to planetary stability might be the full rollout of China China China rural land reform by the CCP, giving the land back to the people and allowing people to monetise the collateral into digital yuan, w/ on- / off- ramps to gold, silver, offshore real estate, by way of the BTC highway and digital connectors that be ethereum and such same - prospective one-off by drip drip amounting to 250T US$ at current exchange rate bloomberg.com Hyperinflation Pushes Venezuela to Print 1,000,000-Bolivar Bills Patricia Laya Venezuela said it will introduce new large-denomination bolivar notes as hyperinflation renders most bills worthless, forcing citizens to turn to the U.S. dollar for everyday transactions. The country’s central bank posted a statement on its website Friday saying it would begin circulating the new 200,000, 500,000 and 1,000,000 bills to “fulfill the current economy’s requirements” without providing further details. The 1,000,000 note -- the largest in the nation’s history -- is worth only $0.53 cents. As Venezuela’s economy shrank for a seventh straight year in 2020, the government turned a blind eye to a growing number of dollar transactions, kick-started by rolling power outages that prevented credit and debit card purchases and fostered the use of cash. About 66% of transactions across the country are estimated to be made in foreign currency, according to Ecoanalitica. While the dollar has gained ground, Venezuelans continue to rely on bolivar bills for public transportation and to purchase subsidized fuel. The Caracas subway recently issued an electronic payment system after it routinely stopped charging passengers due to cash shortages. President Nicolas Maduro has said he plans to move to a fully digital economy this year, following three years of hyperinflation that have prompted the nation’s mint to issue higher-denomination notes that are quickly rendered all but useless. Inflation soared 3,000% in the last 12 months, according to Bloomberg News’s Cafe con Leche Index. In October, Venezuela imported banknote paper with plans to issue a 100,000 bill that quickly became outdated. It last issued new bills in 2019, after chopping five zeros of the previous bills in circulation in 2018. — With assistance by Alex Vasquez Before it's here, it's on the Bloomberg Terminal. LEARN MORE