How does all this translate for bitcoin? While central banks and governments outside of El Salvador have yet to emerge as significant purchasers of bitcoin, geopolitical uncertainty plays into bitcoin’s strengths as a non-sovereign backed store of value. Bitcoin probably won’t act as a hedge to a drop in S&P 500, something we’ve explored before, but as a hedge against major geopolitical events (see the section in BlackRock’s research), bitcoin tends to shine. NYDIG
https://image.nostr.build/2d6c0abe5a6fa7a794b31c2ba2c339fe9f86812e274ca729a814102ab574be47.jpg
It’s easy to understand Fed moves if you view them through one simple lens (they’ll never admit to this publicly):
The Fed’s job is to make the Treasury look solvent. Or said another way, the Fed exists to finance the government’s wars.
Bonner Research
63% is great for sure but it will more than likely come way down and normalize. I love being early but I think about my kids kids. Yield might be obsolete by then but it might not either. I think Saylor thinks the later. I don't know and think that anyone who hangs their hat on an absolute scenario is only guessing. I hope things change for the better and that's why I own BTC, but I also own other assets too. Ones that are yielding.
Great show. I love seeing Jerry on the drums and the tour chef on the pots and pans for Rhythm Devils (drums). It appears that the concept of camping out for ticket sales might have started there as well. Love it!!!
What’s the chance, in your opinion, that there will be no election because of pre planned event causing lock downs and Kamala takes the presidency because Biden resigns soon, making her the sitting President when the event goes down.
Hope you get a good view tonight. During most months, a supermoon is exciting enough, but this week, the lunar awe is going up a level. On the evening of Sept. 17, stargazers can watch a partial eclipse of the month’s Harvest supermoon — an eye-popping conjunction of two equally dazzling spectacles that will turn the oversized moon a reddish huge. https://image.nostr.build/8f6bf382e9e137f139380f76d23eb2e570c4a63d75156e2340c4ba603e62c689.jpg
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