All while newly-minted “Bitcoin billionaires” have been steadily pulling money out of the system and converting it to real assets (houses, jets, ferraris, hookers, blow). How’d they get all that stuff out of Bitcoin, when they’d put essentially nothing into Bitcoin, and when Bitcoin is transparently not a value-creating enterprise? The greater fool theory; all that newfound wealth was simply funded by the real assets some later greedy, money-for-nothing sucker had dumped into the system.
It's why I usually ignore his part A videos and only watch the part B. I was tuning into his part A videos when the Gamestop thing was underway. The Fed is a fraud for basing currency on the petrodollar dependent on foreign wars instead of gold. Dave understand that. But cryptocurrency is based on wishful thinking. That "Buttcoin and $hitcoin" video sums it up best. Q made it clear that GOLD will end the Fed. Sure, people can pretend they're giving the finger to the Fed with crypto, but in the end it's just intangible nonsense.
Mike Adams/Health Ranger put this together. The link on Brighteon is dead, but fortunately YouTube reactivated his account after they got scared of litigation.
https://www.youtube.com/watch?v=CAmd0enttBw
So glad to discover I’m not the only big x22 fan who’s terribly dismayed by X22 Dave’s [#%!*&] shilling of cryptcurrencies.
It’s his show, but I think it’s terribly discrediting and distracting, as well as being disastrous advice.
All the supposedly smart people sinking their life savings into imaginary currency that can be manipulated or vanished with the push of a button...smh
https://www.bitcoinisdead.org/
Ignorance is refreshing on how early it all is.
All while newly-minted “Bitcoin billionaires” have been steadily pulling money out of the system and converting it to real assets (houses, jets, ferraris, hookers, blow). How’d they get all that stuff out of Bitcoin, when they’d put essentially nothing into Bitcoin, and when Bitcoin is transparently not a value-creating enterprise? The greater fool theory; all that newfound wealth was simply funded by the real assets some later greedy, money-for-nothing sucker had dumped into the system.
It's why I usually ignore his part A videos and only watch the part B. I was tuning into his part A videos when the Gamestop thing was underway. The Fed is a fraud for basing currency on the petrodollar dependent on foreign wars instead of gold. Dave understand that. But cryptocurrency is based on wishful thinking. That "Buttcoin and $hitcoin" video sums it up best. Q made it clear that GOLD will end the Fed. Sure, people can pretend they're giving the finger to the Fed with crypto, but in the end it's just intangible nonsense.
I searched for "Buttcoin and $hitcoin video"? on DDG and Google... couldn't find it.
If you have the link handy, I'd be curious to see what you're referencing. Thanks!
Mike Adams/Health Ranger put this together. The link on Brighteon is dead, but fortunately YouTube reactivated his account after they got scared of litigation. https://www.youtube.com/watch?v=CAmd0enttBw
KEK.
Thanks!