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Lyn Alden Bitcoin may be over blown.

Posted by goldielocks @ 0:52 on January 31, 2024  

It’s not just Bitcoin bla bla bla. She’s not boring and very intelligent. Her knowledge of the market is like getting a lecture from a professional. She deserves the term she or her not in the physical sense but spiritual. Not a vanity or fantasy thing.

Since things are interconnected you learn more than about Bitcoin AI but politics of the market. Like back when gold was taken out I’d hear different reasons. I never heard this reason. She’s like a part old soul in a young body. That can happen. She said it had to do with speed and actually we are addicted to it today with transactions,trading, debt or credit cards vs writing checks or counting money. . It had to do with speed of paying with gold and physically getting it there. There wasn’t enough push back to keep it vs faster transactions. She noted that if you went back in time and talked to someone then and told them your going to trade dollars with no gold back up they would of thought you were crazy. It’s normal now. In comparison that’s how people think about Bitcoin or crypto today that it should stay in paper currency. It should stay in paper though just like card transaction or cash is today. Eliminating cash better get a much bigger push back than gold did. As if anything for domestic uses and in absence of electricity or trouble with access to it.

One thing gold can do as there will also need pushback of and breach to privacy attempts with electronic money. Golds tangible but our fourth amendment isn’t negotiable.

The truckers are going to get together at the border in Texas apparently on the third, thousands of them. It’s anotherĀ  reminder of why you don’t eliminate cash. Bitcoin also survived Turdeau.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.