Oddbean new post about login | logout People are selling Bitcoin because they think banks might implode? Mf that's the reason I buy Bitcoin??
Lol I have no idea who is selling let alone why. If I had to guess I'd say it's mostly finance managers panicking and selling the only thing they can sell during a weekend In fears that there will be deflation. What's so funny is that if there is indeed deflation and a sudden and dramatic strengthening of the dollar, the dollar handlers will intervene SO fast and SO hard the deflation won't last more than a few weeks and everything will moon by next year just in time for the bitcoin cycle.
Banksters being forced to sell. When a bankster has a liquidity crisis they sell their best things because that’s the only thing they can sell. Its exciting. Enjoy it. 🍿
The current system is starting to look unstable...better buy into the current system some more!
