It’s been clear for decades that China is running the same playbook as the US did at the turn and beginning of the 20th century.
Though adding their own twist. Each time power changes the old loses their way and the new infiltrates the system with their ideals.
1913-1933 = 20yrs
1989-2010 = 21yrs
1933-1945 = 12yrs
2010-2023(?) = 13yrs
What you see - dark line (S&P price).
What you feel - 10yr returns, very clear trend.
Two charts I keep an eye on. Which one is $GOLD & which is #BTC ?
*Note*: one took 27 years before it ever recovered to new all-time highs. Sound money is needed, especially today.
But keep in mind, historically, creative bankers have found ways to suppress competitors and sound money assets. See: Custodia Bank (recent), FinTech, and gold (past); for example.
Sound foundations survive the storm(s). Weak ones bend a need.
We’re exiting a period where this is 💯 verifiable and on full display.
The platform era provided a series of endpoints for collecting the people under the most likely candidates to bend a knee. When Big Brother came calling it was game over.
This was my line of thinking. Languages can last for a long time and go in and out of favor depending on the industry. Or they can die quickly.
Continuing to debate BTC/ETH is pointless, just my opinion.
They are two different things working on two different problems. It’s seems to me like bickering about which is better Mayonnaise or Mustard.
For different people each has it’s different purpose for different reasons.
Inability to have patience is proof one is still of the fiat mind.
This is a version of get rich quick mindset.
New monies do not rise to the top overnight or in a decade(s). It takes a long time.
Look at how many in the US and globally *still* don’t believe in #Bitcoin. That’s how much time is left.
Unfortunately they are the faux ring leader of “fact checking” which really is a distortion of fact into whatever they decide they want it to be.
The whole “Trusted News Initiative” was a complete farce. It’s just a Big Tech and mainstream media propaganda arm to deliver their desired World. https://www.bbc.com/mediacentre/2020/trusted-news-initiative-vaccine-disinformation
🤓 Does the BBC actually investigate anything or do they just do “fact-checking” 😂
You can’t convince everyone. Just keep moving forward.
So true. So good.
The power of boring... #Bitcoin Dollar Cost Averaging (DCA). 📈💪
If you'd bought the $69k top & DCA'd all the way down, you'd be up +9%!
'All In' top buyers would still be down -55%+. 😱😬
Emotion & #fear hurts... "Opportunities multiply as they are seized." -Sun Tzu
Fear is powerful. Money is boring. Bear markets are where we learn the downside of emotional decisions. Dollar Cost Averaging (DCA) may not be sexy, but consistently saving and investing across time is powerful.
