RC of GameStop supporting Elon's buy of Twitter. Is MOASS the financial arm of the plan? Looks like it.
(media.greatawakening.win)
👀 EYES ON! 👀
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While that sounds much better than our current stock market system, I'd argue that we don't even need a stock market in the first place. What we need is a sound money system and no central banks. Physical precious metals have worked quite well in the past, for many hundreds of years. I say we make our money through our labor itself and not by investing in a "stock market".
Personally, I believe we'll be going back to some form of a bimetallic system, maybe mixed with blockchain technology.....hard to speculate. I do agree that GME, AMC, will help bring down the current financial system and serve to transfer wealth back into the hands of the people. I'm invested in many arenas so I have skin in the game.
Is Gamestop still using Loopring as their NFT token for this new system they're planning? I haven't been following along recently with those developments.
Loopring and ImmutableX will power their marketplace and NFT platform. This could also run a blockchain based stock system and the developers have more than hinted at that.
We do need a stock market. A way for people to invest on companies they want to support but it needs to be fair and transparent. That's how companies grow in large part. The current system is rigged for the big guys.
Metals are great but decentralized crypto has every quality of P.M.'s and then some. It is the future but gold / silver will always have a place. You can't send $200,000 across the world in under a minute for $0.50. You can't even carry it across town without huge risk. It's not practical for day to day use in a modern digital society.
As far as AMC goes their board gave themselves massive raises instead of using that money to put towards the company. I dumped my AMC long ago. There is no catalyst like a stock dividend coming for it.
Interesting, thanks for your insight. I guess we can agree to disagree on some parts but we're all gonna find out sooner than later lol.
Crypto vs metal is always a hot debate and my only comment there is the old saying "if you don't hold it (in your hand), you don't own it." No counterparty risk is always a good thing. However, I really want to like blockchain metals like Kinesis. Like I said, we'll see where the world goes after TGA. Diversification in many arenas is awesome, but not everybody has that luxury.
Not your keys, not your coins!!!
You got it!
Agree. My holdings are almost all on private wallets except for what I'm actively trading.