AI is deflationary. If AI is as big as some people think, it should bring down prices significantly, in the future.

It happened so long ago, I didn't even think about it. But when I finally thought about the dates, it didn't make sense. It's been driving me crazy trying to figure out who that guy was. But it was so long ago, I can't remember that much about it. I just remember dating that girl, and thinking she would think I'm crazy if I even mentioned it. Imagine trying to explain bitcoin to someone back then, it sounded insane. I kinda thought that guy was on drugs

The US economy is being driven by deficit spending, and wealth inequality. That's why it seems unstoppable.

I refuse to believe Michael Saylor is smarter than Warren Buffet. Saylor is clearly buying the top, again.

It doesn't matter who wins the election, both parties have terrible economic policies

I'm not convinced this is just a dip

An epic bubble caused by the never-ending expansion of credit

The business cycle is almost over. Other countries are slowing down, and the US is next.

I don't think he told many people about it. Someone told me about bitcoin in early 2008, but they didn't use the name. He mentioned a distributed ledger, and mining for digital currency. He never said the words "bitcoin", "cryptocurrency", "blockchain", or "decentralization". But some guy in Vancouver knew about it, so who was he?

Why would the US destroy their own currency? It doesn't make sense

The global economy. The second possible outcome is fiat crashing.

This shit is going to crash. I don't know when, but it's going to be ugly. There are only 2 possible outcomes: a crash, or something much worse.

By concept, not by name

How many people would have known about bitcoin in 2008? There must have been more people than just satoshi

I'm pretty sure that guy on the bus was satoshi, but I'll never know. It was just a weird encounter I'll never forget.

Inflation isn't coming down because the government is printing money. And if rates rise, the government will have to print more money. This is why rates have to come down. The fed will keep rates high, or they will raise them, until inflation comes down.

If the US let stagflation happen, it would destroy the dollar. Stagflation will not happen.

I can't wait for this ridiculous bubble to pop. It's gotten completely insane. Everyone is drinking the kool-aid

No matter who wins the election, their policies will cause a recession. They can't kick the can forever. And a recession is the only way to get rates back down.

The US will end up like Japan. Look up the theory of debt deflation.