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

To: TobagoJack who wrote (170238)	4/6/2021 6:28:56 PM
From: sense	Read Replies (1) \| Respond to of 217575

I think Yellen's assessment is correct... as far as efficiency... credit cards, chipped phones, PayPal are better. The antiquated in the ACH / SWIFT systems are better than most crypto in transactions... with a lot of $ being bet on that being a short term problem expecting solutions will magically appear... just based on faith the technical gurus got this... even while failing to properly account for REALITY. That's also what Cathy Wood did in her comments on Yellen's comments... dismissing them by saying they showed that Yellen doesn't understand the crypto space. I laughed out loud. The issue is... Wood doesn't understand that Yellen controls the money... period... stop... Hubris is not a substitute for power. Don't think the current issues have anything much to do with freedom, one way or the other, as the bitcoin that exists now has already been de-dis-intermediated... making its success far more of a threat to (wealth and) freedom than its failure... but leaving potential in its failure for re-dis-intermediation to restore its focus... Not much of what I see now seems to much illuminate the likely changes any "reset" might entail as either purposeful impositions... or market reactions to them... in an era when people have re-discovered that they have and should have the right to exercise choice in "money' and the features they prefer and support. As that is a threat to all existing power structures.... expect it to be used as any other insurgency... to direct its subversive functions against opponents in the expectation that any blow-back can be avoided... when it often doesn't play out that way in the end... but the support helps advance the insurgency in spite of any intent in imposing limits "later" when its targeted utility is expired ? China's banning bitcoin use internally while still fostering mining... of that ilk in support of insurgency, perhaps... but while making their own crypto plans for actual use... suggests the CCP views bitcoins impacts as perhaps similar to Fentanyl... as far as others use... which may not be wrong. That "they" have tolerated it... until starting to speak about it recently... ? Maybe looks "more right" that the intended use was "gold price suppression tool"... and then, getting China to drive it along for them obviously not a reason for concern... As the discussion is shifting to "doing something about it"... may suggest the window for obtaining delivery of physical may be narrowing... ??? Or, that we're closer, again, to a "Plan B" in price suppression mechanisms... for which... I continue waiting... Particularly enjoyed finding Gregory Mannorino vids on Youtube recently... as he so clearly agonizes over making his daily predictions on where the market is going today... and why... while so resolutely refusing to step in front of the bus... still expecting he will be able to stop and hop off before it goes over the cliff... The market crash in March 2020... gave a good 4 days of warning in charts... similar to the last eight trading days in the charts now... perhaps... But, in March 2020 the "direction" being imposed still failed to stop the market taking a short break... ? This time, they're not being subtle... which, being obvious, only makes it worse ? They're clearly torturing Mannarino... along with everyone else who has a clue about what's happening... Still waiting for it... but running low on popcorn... better stock up today.