that nutso Michael Saylor - a couple weeks ago I heard him
talking about the strategic Bitcoin reserve of 200,000 Bitcoins the
Gov set up - his comment was that those Bitcoins would eventually
be able to pay off the US National Debt and would be worth 100
trillion dollars
LOLOL give me a F-ing break. I don't know how he's even
allowed to make such statements being a public CEO. Bitcion would
have to be worth 500 million for that to happen LOL
Here's the facts, if Bitcoin is ever worth 500M, then we are
probably in a mad max scenario - probably better to have guns,
gold, food
he also made the statement that Bitcoin is the most reliable
financial instrument for gaining value
Posted by bdw2trade on 13th of Mar 2025 at 04:43 pm
Nutso for sure. So what happens when the lights go out ?
One EMP and your back to the stone age.
As an example I heard in the Florida cyclone, no power or
internet for 10 days. How could you purchase anything in that
time, well cash was king. No credit cards accepted.
reminds me of Germany's post WW1 strategy of printing their way
out of the Allies reparations placed on them. I have some
$100,000 post war Reichsmarks to prove it.
Hilton was a bell hop at a hotel in Germany and the owner tipped
him a gold coin which several years later he used to buy the hotel
from the owner when he became insolvent and had to sell and no-one
had anything of value left. You know the rest of the
story.
Maybe that is the strategy to pay off the debt the congress
critters have voted for over time.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Bitcoin
Posted by matt on 13th of Mar 2025 at 04:10 pm
$BTCUSD - Chart Link- nice bounce and rejection at underside of 200 day MA
that nutso Michael Saylor - a couple weeks ago I heard him talking about the strategic Bitcoin reserve of 200,000 Bitcoins the Gov set up - his comment was that those Bitcoins would eventually be able to pay off the US National Debt and would be worth 100 trillion dollars
LOLOL give me a F-ing break. I don't know how he's even allowed to make such statements being a public CEO. Bitcion would have to be worth 500 million for that to happen LOL
Here's the facts, if Bitcoin is ever worth 500M, then we are probably in a mad max scenario - probably better to have guns, gold, food
he also made the statement that Bitcoin is the most reliable financial instrument for gaining value
Nutso for sure. So what
Posted by bdw2trade on 13th of Mar 2025 at 04:43 pm
Nutso for sure. So what happens when the lights go out ? One EMP and your back to the stone age.
As an example I heard in the Florida cyclone, no power or internet for 10 days. How could you purchase anything in that time, well cash was king. No credit cards accepted.
I remember when AMC was
Posted by mastermind on 13th of Mar 2025 at 04:36 pm
I remember when AMC was supposed to go to $500k, or other ridiculous predictions.
smoking that hopium again
Posted by holmes on 13th of Mar 2025 at 04:13 pm
smoking that hopium again
reminds me of Germany's post
Posted by holmes on 13th of Mar 2025 at 04:44 pm
reminds me of Germany's post WW1 strategy of printing their way out of the Allies reparations placed on them. I have some $100,000 post war Reichsmarks to prove it.
Hilton was a bell hop at a hotel in Germany and the owner tipped him a gold coin which several years later he used to buy the hotel from the owner when he became insolvent and had to sell and no-one had anything of value left. You know the rest of the story.
Maybe that is the strategy to pay off the debt the congress critters have voted for over time.