Eyeing a target of $20,000-22,000 or so The #1 unwritten rule: for a technology to be transformative, it must be useful. The automobile, the world wide web, electricity, elevators, planes, social networking, TVs, iphones, apps, email…all useful, and thus all saw widespread adoption quickly. Bitcoin is none of those. It has some use but is… Continue reading Bitcoin getting ready to fall again, and why listening to billionaires will not make you rich
Month: July 2021
Small Signs of Collpase
The divergence between stocks and bitcoin keeps widening, which I predicted months ago. The S&P 500 makes new highs every week now, also as I predicted. Anyway, saw this post go viral The Subreddit /r/Collapse Has Become the Doomscrolling Capital of the Internet. Can Its Users Break Free? Regardless politics, both sides seem to be… Continue reading Small Signs of Collpase
Coming to Terms With Another Biden Win
I was listening to Bannon’s radio show and few things are more annoying, to me at least, than pundits and commentators lying or spreading misinformation, either intentionally or not. It’s insulting to the intelligence of the audience and it does not do anyone (or ‘the cause’) any favors. As much as we may ridicule the… Continue reading Coming to Terms With Another Biden Win
Collapse and revival: 4 scenarios
The question of collapse/crisis comes up a lot in dissident/alt-right discussions, such as the likelihood of the US suffering a fate similar to to past empires, and if so, when and how. In the past post, I eluded to the possibility of collapse, but not in the short-term future. Empires can last a very long… Continue reading Collapse and revival: 4 scenarios
So much for that, part 5
A common narrative was that even though Trump had not accomplished much in terms of policy, he had appointed ‘hundreds of judges’ that would reverse the tide of liberalism and the left. Facebook antitrust lawsuits ‘legally insufficient,’ rules judge A federal judge on Monday dismissed antitrust lawsuits brought against Facebook by the Federal Trade Commission… Continue reading So much for that, part 5