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Financial Underground
financialunderground@nostrplebs.com
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We are more interested in getting the Big Picture right than gambling with short-term trades in rigged markets.
3 indisputable facts about altcoins. #1. In the history of altcoins, only 3 have ever made new highs in BTC terms after their initial pump. #2. One of them was Dogecoin, a joke with no practical use case, because Elon pumped it. 3. Practically every altcoin has exactly the same chart over the long-term. (see below) image
Did you know the Bitcoin price reached parity with the gold price in April 2017 and never looked back? Today, it takes over 30 ounces of gold to buy a single Bitcoin. Is Bitcoin demonetizing gold? image
The business of central banking is usury and tax farming. They create fake money out of thin air, loan it to governments, charge interest on fake the money, and get governments to collect taxes on average citizens to pay the interest on the fake money. Like the mafia, they can deploy violence to ensure there is no competition to their priveledged racket. It's long past time to end this scam of historical proportions.
3 Shocking Truths Most People Don’t Know About Money in Bank Accounts… The banking system is a fragile illusion that could collapse suddenly, potentially wiping out the savings of millions who misplace their confidence in it. image
Bitcoin has tremendous value as a technology for freedom—even if the price stays flat forever. That’s because Bitcoin allows anybody to hold money that nobody can debase and enables anyone to send and receive value worldwide without relying on any third party. That represents a revolutionary improvement in money and economic liberty.
Contrary to conventional wisdom, higher interest rates mean more inflation in the environment today. That’s because the federal interest expense increases as interest rates rise. As the federal interest expense rises, so does the budget deficit. As the budget deficit increases, so does the currency debasement needed to finance it.
If you think Bill Ackman is some anti-woke crusader, congratulations, you've been officially gaslit.