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Trying some macro thinking for the future of BTC and GOLD

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@bearbear613
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But look what they did with their infinite creation of ponzi scheme money..

Are there dark pools of 'fiat' money buying BTC and dumping?

One nasty chart but one many should have expected. So is this is a bullmarket? The concensus is YES! However, this bull market is
still unstable and vulnerable. So the question GOLD HODLer's and of course crypto HODLer's if it's all manipulated what is real?

YOUR COINS in your wallet. I have been thinking about this a lot.
The weakness and risk includes:

  • internet accessibility
  • power
  • network effect

Government knocking down your door for crypto might not even seem so far fetched..sure they may need to torture you for private key's..

YOUR Physical COINS in your wallet is basically government knocking down your door and demand for you to hand it over or torture you.

Bitcoin is growing and crypto's are the main-stream in future form or fashion. Now BTC selloff was as well coordinated from the CCP (Chinese Communist Party) FUD about banning AGAIN, Elon Musk, even the FED got in there!

Liquidations happened.

https://cryptoprofitbot.com/2021/05/21/bitcoin-price-drops-below-34000-pulling-altcoins-to-multi-month-lows/

This is of course selling news with a massive dump on the markets. Many all believe this recent dump was coordinated. If BTC is pegged and even USDT (Tether) questioned on how much is 'printed' to buy it. Well governments print all they want and funnel it to wherever they want. Even USDT?

Does the Central Intelligence Agency buy and sell drugs? Well if the FED can print it, the government can spend it (borrow it). What central banks buy or at the very least government agencies dark pools own? So why are they letting people know how much Physical Gold they are buying. So many questions and so many rabbit holes.

All I know:

GOLD: $11.953 Trillion Market Cap is in gold.
https://companiesmarketcap.com/gold/marketcap/

Crypto: $1.549 Trillion Market cap is in Crypto

The exponential age talks much about Gold vs BTC. So does BTC have more room to 'grow'? Raoul doesn't like it..

Does Gold have room to 'grow'? Sure..

Are either crypto and physical immune to manipulation? No..

"If Real US Yields Keep Rising and Volatility Drops, Gold is in Trouble" https://news.marketcap.com/gold-q2-2021-fundamental-forecast/

Then again Negative interest ranks get's rid of cash! Privacy is squeezing especially with CBDC's. Can you imagine something worse than no cash? I cannot foretell the future, just try to read macro-economic trends. If gold is on the balance sheets for central banks it means two things:

  1. They are interested in having open exposure for GOLD
  2. They can manipulate the price

Bitcoin still does not have the market cap GOLD has. Sure many Gold bugs have or will move into crypto's of some sort. Perhaps things go on the balance sheet when Governments have their cbdc up and running on crypto exchanges? So yah another battle is in front of crypto. One for control. Monero LTC Dash all exist for staying somewhat incognito. Many of these coins will be of interest and value. A pegged CBDC is great for reporting taxes, and exposing crypto purchases which may be one of many reasons to get CBDC tracking. All exchanges will need CBDC for transactions.

Can peer-2-peer be banned? Well if they rid the idea of cash perhaps..

How well could such a thing go on? Well it all depends on how you can spend your crypto!

Physical Gold coins for instance could be viewed as a payment. This all depends how much fiat cash will be accepted. Of course it could be sea shells just as well. All I know is that the government and the world has positioned into a more digital life and digital identity. The most probable account is more control. Sure crypto will be regulated and used but it surely cannot be made free of the 'system'

Ban on cash? Ban on peer-2-peer transfer? Now of course people WILL peer-2-peer. The question is most likely how to dodge a Central Bank Digital Currency exchange. If I need to go the corner store and I need CBDC for payment. Will black market tumblers become more and more relevant? Maybe shell companies can be used to funnel exchanges just like cash!

Of course this is a forecast at this point. Never underestimate the control and power of central banks (especially combined). Could Central banks print money and buy bitcoin with it? I'm sure to a certain extent. Can Goverment's ban cash? Well with the recent 'Rona virus many people didn't even want to take it. Just food for thought. So gold will become attractive which has been banned before!

So what do you do? Be aware of the danger of Central Bank Currencies. Of course it's not zero sum as there will be benefits of it as well (such as not having to deal with the middle-man bank). Well those are my thoughts.. what say you?

Posted Using LeoFinance Beta