1. Bitcoin update: getting ready to drop. Last week I predicted Bitcoin would drop based on a pattern, which is still valid: The likely (as I predict) SEC rejection of the recent batch of Bitcoin spot price ETF applications will be the catalyst for a big decline, although it could fall for no particular reason… Continue reading The daily view 7/7/2023: Bitcoin Crash Soon, Battle of Billionaires, Affirmative Action
Month: July 2023
All jobs have risk, but you may as well maximize your earnings anyway
I saw this tweet going viral: All of you people saying white collar work is a safe choice. Please ask some 55 year old men or women what happens to you once you hit 45 or so, and how safe your career path is…. Then come back and share your oh so informed opinions on… Continue reading All jobs have risk, but you may as well maximize your earnings anyway
No de-dollarization
From Noah Smith Hey tech folks: The West is not failing. He’s right about all of these: The notion that there is a “global American empire”, and that this empire is “ending” The idea that the U.S. dollar is falling and will be replaced by either crypto or a BRICS currency The belief that the… Continue reading No de-dollarization