As we adopt sound money the stock market will experience a slow continuous crash. It’s bloated and subsidized. It never made sense for the middle/lower class retirements & savings to be put at risk by massive corporations and financial institutions.
Sound money will make the stock market unimportant in the average person’s life.
#Bitcoin will give us clarity on what is actually valuable.
One can only hope. If you say comes true Wall Street and the whole financial planner grift can finally end.
I don't think there will be a crash. If Bitcoin replaces fiat, I would expect all fiat currencies to hyperinflate. This would actually make stock prices go to the moon, in nominal terms. Of course, if you adjust for inflation, they will probably go nowhere on average. Individual performance will depend heavily on how well they deal with inflation. This is what has happened to stocks since the dot com crash, if you adjust for inflation.
Look at stock markets in Argentina, Turkey et al, worthless in real terms.
Stocks have been monetized as a trend to avoid debasement, so one would assume the stock market in aggregate would decline overtime as people rotate out into Bitcoin.
I don't think most people will realize what's happening until it's too late. They will just see the number going up and think they're getting rich. If they're lucky, whoever manages their portfolio might put some in bitcoin, but they won't liquidate stocks to buy. I am assuming hyperinflation, though. If that doesn't happen, you might be right.
Upward crash
I’m talking about real value, not nominal. In that sense you are correct
From stock market investment under compulsion to hard money savings by choice.
Amen. Hard money rocks!
People think I’m crazy for investing into only Bitcoin, but none of them truly understand it. It’s the only true store of value we have!
Here is were you are very wrong. As sound money is adopted it will look like the stock market is exploding. FIAT will be hyperinflation and it will settle with the usual suspects. Real Estate, equities and to a lesser extent commodities. They will learn from Saylor and come up with their own strategies for Bitcoin acquisition. The mindless masses will be throwing their FIAT into the equity casino trying to get a bitcoin multiplier before their fiat evaporates. Once FIAT is in nonsensical free fall or gone yes the market will slow because there won't be funny money for them suck off the tit of the worker.
Then there will be no zombie companies. It will go back to how the stock market was in the early days. You will pay a dividend or have an amazing pathway toward a huge dividend or there is no reason for anyone to buy a stock.
I mean really think about that. We are so late in the FIAT shit hole that it is almost a faux pas to give a dividend. It is insane.
So I agree with you in the end state after the full conversion, stocks and real estate will lose their escape from FIAT premium but during the transition stocks are going to skyrocket in a manner we could never imagine today.
You are talking about fiat price, not actual value.
I’m talking about actual value and being priced against sound money. The financial system will shrink as a portion of the economy. Likely by 50% or more, imo.
Both are right. Love this.
nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev is describing what is happening.
nostr:npub1fgnuaulzmkpnpe8jy843hf7lhwefh5xyejl5s4307ajw25tgrlssxnyj2h is describing how it will look.
See these two screens that I was playing with a few weeks ago as an example:
1) First is what it looks like…the prices.
2) Second is what is happening…BTC vs CPI to offset inflation effects.
Not Evan an all time high yet.
“But hang on, it always goes up doesn’t it? That’s why I call myself a equity trader with a Robin Hood app”
Some people going to learn this the hard way
Looking forward to that 🫡
There was a time in the past when a starting out company with a good idea needed money to get going and an investor could put his money into that company to help out. In return, that company would pay dividends, or thru its growth the shares you own in that company would appreciate in value. Now, thru leverage trading, derivatives etc. stocks trading at 50x forward earnings, it’s a big gambling hall, fixed game mess. Feels like a cigar smoke filled cock fight with cash being passed between shady dark figures in ally ways.
I find it interesting how Bitcoin can help us better understand what really has value. In a world where sound money predominates, more people are likely to become educated about finance and learn how to value assets more eficient
I look forward to this.
Bitcoin for everyone
What about Bitcoin Treasury companies? Do you think they'll also bleed?
No because their stock market price won’t be what matters to their survival. It will be their profit and earnings. It’s hard to fully illustrate how backward and stupid our norms and financial system are today without a frame of reference to compare against.
Amen G Man!
