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WTF is going on... Realvision Gathering

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felander
@felander
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A panel led by Peter MCCORMACK from the @whatbitcoindid podcast

  • 2nd wave with potential 3rd one down the road
  • pension funds are going to sell now
  • weak retail holders (Robinhood crowd)
  • insolvencies are rising

Take aways from the Talks

  • The Fed is printing like crazy and the dollar did not move a bit.
  • All the other central banks are now starting to do their printing and this will cause the Dollar AND BTC AND Gold to shoot higher.
  • Politicians just want to kick the can down the road and going back to a gold standard will not happen since that will curtail their option to print money and spend how much they want.
  • The only answer the Central banks have is PRINT MORE.
  • The baby boomers are holding all the wealth and do not want to let go and are also still those mostly holding the power
  • baby boomers are afraid of change
  • GenZ are watching movies in Fortnight and paying with tokens.
  • Gen Z do not have a different view of digital and real-world assets.

### In a post-digital world Bitcoin is the honest ledger

Predictions:

  • Caitlin Long : Stablecoins will skyrocket this year in usage since they are easier in usage and superior payment rails
  • Raoul Paul : Bitcoin looks like a risk asset but this will go away quickly and will lose correlation from S&P. Advice, secure and create any possible cashflows.

Posted Using LeoFinance