Bankers claim Really Bad Things will happen if we don’t give them more money to stabilize the banking system.
Governments claim Really Bad Things will happen if we don’t take out even more debt.
I call BS…we are being held captive by thugs who want to steal from us and have us not fight back. As soon as they can make more money by crashing the system than by stealing from you, you can bet your bottom dollar that is what they will do. I expect to see this before death.
But they might also realize then can steal and crash the system simultaneously and make more than even they can imagine. Someday this will happen, but hopefully not in my lifetime.
Dr. Bitcoin, MD
drgo@nostrplebs.com
npub1fa8c...thnd
Bitcoin OG since 2010, former laptop solo miner, blockstream satellite node runner, #2A rights user, radiologist
Notes (6)
Bitcoin is still winning.
The biggest mistake in the US constitution was granting the government the power to regulate the value of money.
Crashes like this are part of Bitcoin’s growth cycle…because there are so many people new to bitcoin, there are many weak hands. This gives you and me more time to stack.
Cybertruck fail
Bitcoin is about ⅛ off the power law regression best fit (using data from 2011- late 2024)…historically, bitcoin drops to about 50% of best fit.