Is It Possible that Bitcoin Is a “Liquidity Sink” Designed to Draw People Away from Physical Commodities?

December 5th, 2024

Hmm…

8 Responses to “Is It Possible that Bitcoin Is a “Liquidity Sink” Designed to Draw People Away from Physical Commodities?”

  1. Snowman says:

    I’d say yes.

  2. NH says:

    You’re definitely onto something with this post—it feels like a genuine glimpse into the complexity of the fiat/World factional power/propaganda system. Regarding the third leg of that stool, how bout FED chairman Powell recently saying Bitcoin doesn’t compete with the US dollar, but it does compete with gold (which the US supposedly holds 8000 tons of, seemingly as a store of value):

    http://www.youtube.com/shorts/xxsuRDWM4fQ

    Contrast that with former Secretary of the Treasury Lawrence Summers (and one of the “Harvard Boys” that looted Russia in the 90’s), saying that the idea of the US holding a crypto reserve (alongside its gold), is crazy:

    https://x.com/KingKong9888/status/1864925040963391729

    Am I right in perceiving these two guys as being in competing factions?

  3. MBerger47 says:

    Bitcoin is a commodity, he fails to realize.

    It’s amazing how many people are black pilled and don’t believe Bitcoin has the power to liberate humanity from the Federal Reserve/BIS system.

  4. They say you have to study bitcoin for one hundred hours before you get it. Most of us take that long to get out of our rut.

    If I had listened to Max Kaiser ten years ago my whole family would be living in El Salvador now.

  5. Jerome Powell can say the dollar doesn’t compete with gold [ and deny it has been doing this for a hundred years ], we cannot.

  6. NH says:

    @MBerger, regarding the black pilled—Chairman of the board of Microstrategy, talking about how Bitcoin kindled his hope for the World back in 2020—at hour 1:12:45:

    http://www.youtube.com/watch?v=y5UxvInDhDo

  7. MBerger47 says:

    Thanks, @NH. If it wasn’t for Bitcoin, I don’ know I would have survived 2020-24.

  8. NH says:

    Oh wow, good to know. Yeah, fiat money has such a primary role in our lives—and to have it be in the (private) hands of such criminals as the Federal Reserve/BIS—it should be beyond tolerance.

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