Oddbean new post about | logout
 That the point you don't understand, it's not about money, it's about control. You are in the "rat race" if you can be controlled, you can have 1 million in bank, you are in the rat race because it's not really yours. Actually, lot of people don't see what's happening in Bitcoin, it's becoming more and more controlled, at some point, we can expect the government will enforce a blacklist or a whitelist, if they have the control over the majority of miners, the network itself, you will be fucked and you will stay in the "rate race", but ok with millions dollars in Bitcoin... I think Bitcoin is doomed to failed not in fiat but in sovereignty, what is the value of something you don't really own ? For me it's worthless. I'm not saving in Gold, Silver or Monero, I protect my wealth against government's robbery, this have real value, independently of the fiat value 
 I think it’s quite possible that Bitcoin is (and has always been) the WEF’s backup plan to institute a one world currency. 
 When you look the Bitcoin's price history, something is really strange, look on 2013, suddenly, Bitcoin skyrocket from 200$ to 1k$ at the speed of the light, who bought  like that ? Starting 2017, price ATH above 1k, later in the same year, price did 10x already at 10k and there was an acceleration to 20k very quickly, again, who will invest at that moment ? I mean, something is not normal, no one want to buy something which already did 10x from the ATH in the same year, I'm thinking more and more it was a price manipulation, the real question is why ? Maybe you have right, to onboard many people away from cash, the master plan seems possible. Anyway, the perfect cycle repetition is a total nonsense, it's impossible to know what will happen, it seems like programmed, nothing else do something like that, it doesn't seems to be good 
 Indeed. That’s why only a fool puts everything in one basket.  
 I agree. Unfortunately the NPC masses  are emotional thinkers and will not be able to accept your observations. And trying to reason with them when they’re filled with Hopium is akin to banging your head against a wall.  Same as with the Covid common cold virus scam - when they were filled with fear.