SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (203386)12/27/2023 5:42:19 PM
From: TobagoJack  Read Replies (1) | Respond to of 217825
 
Curation for the day
Alt-news




To: ggersh who wrote (203386)12/27/2023 6:01:53 PM
From: TobagoJack  Read Replies (2) | Respond to of 217825
 
Curation for the day
MSM






To: ggersh who wrote (203386)12/28/2023 6:45:49 PM
From: maceng21 Recommendation

Recommended By
ggersh

  Read Replies (1) | Respond to of 217825
 
<< Is Bitcoin really safe?>>

Will BlackRock Completely Destroy Bitcoin?

Matt says "No!"

"Bitcoin is like a cockroach" ... it's gonna survive.



I like Matt and enjoy listening to his videos. He is informed and knows stuff.

I look at it like this:-

Bitcoin is empowered by Nerds with Laptops and maybe some heavy duty Miners with Data Centres.

The opposition is powered by the global cabal including national governments, the MIC (all countries), Big Pharma including health (HIC), The worlds Banksters, Spy agencies, Military forces & Financial funds of all kinds.

So all things considered, like the criminality and inefficiencies within the groups, it looks to be a fairly even fight.

However I have a theory that the whole blockchain money thing was dreamt up by the CIA and that is who Satoshi Nakamoto really is. Wouldn't be a big surprise, the MIC (for example) comprehensively invented and developed the internet in it's early stages.

So I resist the suggestions by many, including Max Kaiser, that we should put all our eggs in one basket and go "All In" on BTC. I think spreading the risk is a good idea, so some gold and pm's in general are maybe a sensible way to go.

I am no financial expert though.

The other thing is natural events like an electrical storm caused by a big CME from the Sun, could fry every semiconductor junction on and above the planet Earth, plus cause massive damage to the electrical distribution network. It could put Bitcoin out of service for a very long time. What would it be worth when finally bought back online and would people still be interested in it?

I won't be chancing the "All In" move for the CME reason alone. It may be a rare event, but it could also happen at any time.

And as Whitney Webb (and others) have pointed out 2024 is looking disruptive anyway.

Some comparisons indicate BTC value is driven entirely by human emotion. i.e. it's a Tulip but a handy one that can exchange good and services world wide. Sir Issac Newton got entirely taken in by Tulips, and his is an interesting story. I have paid for a few items using BTC and like how it works.