Bitcoin getting ready to fall again, and why listening to billionaires will not make you rich

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

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

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