I speak to those who listen from the shadows.
Buy Bitcoin before you can’t.
SatoshiSamurai
satoshisamurai@nostr.hushvault.ie
npub14tgr...d5f6
Bitcoiner writer thinker Self Sovereign Nostr Maxi
Verifier of Nip05 Stacker of Sats.
♾️/21 🔑 🔑 🔑
Jan 2023
So been thinking about this a lot.. Bitcoin performs like a tech stock and is correlated to S&P tightly according to big brained. We saw this in 2020-2022. It pumps when there is money entering the system. When people receive stinky cheques etc. nothing more that a speculative asset pump by degens.
But Bitcoin also pumps when they quantitively tighten… like the last 3 or so months. When they pull money out of the system to reset the damage done by printing and in turn do more damage Bitcoin pumps.
So either Bitcoin pumps when ever fiater’s destroy their own system (very regularly), or Bitcoin is in a forever upward trend with pullbacks now and again due to the natural ebb and flow of adoption.
Is it possible that the correlation and similarities to anything in the Fiat world is illusionary and momentary?
I’m beginning to think so.
Genuine question: is it just me or does this time round feel different to the last few times in this type of market. In my opinion something structural has changed or more likely something has broken. This market feels real, there is an edge to it.. the repercussions are scary to even contemplate.
Credit Suisse bought by UBS at 1/4th of it’s value. Board rejected initial offer @ $1B so the Swiss government changed laws and bypassed shareholders wishes to allow the acquisition at a valuation of $2B.
EU not happy about the development. It “might” affect investor confidence.
Any one who still thinks of stocks as an asset needs to realise they can take your “assets” at will. Why take that risk??
Lost exactly 1 follower since my last post lol, think it was the dude selling me his Bitcoin 🤭
People are still selling me Bitcoin, I really don’t get it!!
I’m amazed people are still willing to sell me Bitcoin… long may this trend continue.
If Swiss bankers are known as ultra conservative and are asking for a bailout what does that indicate for the free balling risk taking bankers in other banks… I’d heed their actions peeps and adjust accordingly.
If I was to have money in the bank I would be seriously considering withdrawing it right about now. Contagion has crossed the Atlantic and we all know how fast contagion whether real or imagined spreads further.
The threat that banks are insolvent becomes real when people believe it’s real. Bank runs begin when people value holding their assets more than their belief in the latest banking narrative.
Learn from recent history before your hard earned capital gets bailed in to support institutions who view you as a source of revenue.
Another one for the tin foil hat wearing folks at the back ❤️
The Dangers of Digital IDs and CBDCs: State Surveillance and Freedom Suppression
https://hushvault.ie/index.php/2023/03/14/the-dangers-of-digital-ids-and-cbdcs-state-surveillance-and-freedom-suppression/
The short term economic growth often prioritise by politicians always comes at the expense of future generations. These policies may bring limited short term positive outcomes but just like the drunk at the party has to deal with the following days hangover, future politicians will have to deal with outcomes of decisions taken today. The scary part is future politicians will behave no different than todays politicians.
How many generations will be affected by moronic policies and devaluing currencies. You can help to break this cycle. Things might not change for you, maybe not even your kids but it’s possible for your grandkids. Be that change!
They think short term, we should be thinking long term.
The measure of volatility ‘beta’ does not measure risk. Those who use it to measure risk don’t actually understand the concept.
Lotsa whales buying lotsa coin.
Some light reading for your chill Sunday. 😎
From Service to Control: The Corruption of Government.
https://hushvault.ie/index.php/2023/03/10/from-service-to-control-the-corruption-of-government/
The very fact that removing your Fiat from banks and into your own custody actually can cause your Fiat and by extension your purchasing power to be worth less due to bank failures and eventual bailouts should tell you that it’s all a ponzu scheme of epic proportions and magnitude. Protect yourself and your family by finding a better solution to hold your collectively expended time and energy