Why would anyone in their right mind want that trade?
BTC - Backed by literally nothing other than belief, has practically ZERO utility, hardly ANY retailers accept it, has ZERO privacy with public ledger of every transaction...BTC can get f'd. At least Monero is private...
Gonna keep HODLing by Gold and Silver...They're real money with NO middle man, no electricity required and it's under MY protection. They don't have BTC treasure with dragons guarding it...
Having dug into GME quite extensively over the years, I am fairly certain that it is an intentional part of The Show, and Ryan Cohen and DFV are "in on it."
I believe that Game Stop is going to be the system that is designed to lead us out of the "Stock Market" fraud. I use the word "market" because it's not a market, it's a scam. People finally know that now (most people anyways), but they don't know how to escape it.
GME has been working on creating a new free market stock system assigning stock stock and other assets to crypto. Crypto is a great technology, but by itself is not a viable long term currency (getting worse every day as people see the fraud). But the crypto technology can be used to assign stocks and other real assets to pieces of the tech.
GME has recently (a few days ago) indicated out that they are (probably) going to abandon their rather large holdings of BTC. I'd bet money they are going to put their holdings into some other crypto system to tie their stocks to it. (Maybe a metal crypto, or NFT, or something similar).
But if GME is "in the know," why would they take such a huge loss in BTC (about $80M). Well, in the scope of things, it's not that much, and more importantly...
...we are watching a movie. Huge numbers of people believe in the vaporware of unattached real assets. The only way to get people to believe in the transition without taking massive losses is to push people from the illusion through the exodus into reality. (It's going to hurt some people, but hopefully there are mechanisms in place to help people transition without too much pain.)
I'd bet anything that gold will be THE currency, and it will be tied to crypto. I'd also bet anything that GME is about to jump on that train and tie their GME stock to it (or an affiliated crypto system).
P.S. Coincidentally, if they sell their BTC assets now, the MSM reports they will have "$420 million" left. There have been numerous "420s" in the "GME Show.
Jeez...
Why would anyone in their right mind want that trade?
BTC - Backed by literally nothing other than belief, has practically ZERO utility, hardly ANY retailers accept it, has ZERO privacy with public ledger of every transaction...BTC can get f'd. At least Monero is private...
Gonna keep HODLing by Gold and Silver...They're real money with NO middle man, no electricity required and it's under MY protection. They don't have BTC treasure with dragons guarding it...
Having dug into GME quite extensively over the years, I am fairly certain that it is an intentional part of The Show, and Ryan Cohen and DFV are "in on it."
I believe that Game Stop is going to be the system that is designed to lead us out of the "Stock Market" fraud. I use the word "market" because it's not a market, it's a scam. People finally know that now (most people anyways), but they don't know how to escape it.
GME has been working on creating a new free market stock system assigning stock stock and other assets to crypto. Crypto is a great technology, but by itself is not a viable long term currency (getting worse every day as people see the fraud). But the crypto technology can be used to assign stocks and other real assets to pieces of the tech.
GME has recently (a few days ago) indicated out that they are (probably) going to abandon their rather large holdings of BTC. I'd bet money they are going to put their holdings into some other crypto system to tie their stocks to it. (Maybe a metal crypto, or NFT, or something similar).
But if GME is "in the know," why would they take such a huge loss in BTC (about $80M). Well, in the scope of things, it's not that much, and more importantly...
...we are watching a movie. Huge numbers of people believe in the vaporware of unattached real assets. The only way to get people to believe in the transition without taking massive losses is to push people from the illusion through the exodus into reality. (It's going to hurt some people, but hopefully there are mechanisms in place to help people transition without too much pain.)
I'd bet anything that gold will be THE currency, and it will be tied to crypto. I'd also bet anything that GME is about to jump on that train and tie their GME stock to it (or an affiliated crypto system).
P.S. Coincidentally, if they sell their BTC assets now, the MSM reports they will have "$420 million" left. There have been numerous "420s" in the "GME Show.
Interesting...I don't follow the gme as closely as other things...
We don't smoke the same shit.
So Gold and Silver then skyrocket into 5 digits range. Or Bitcoin craters in price.
Edit: Typo. Wrote double meant 5
Why not both?