Those 80% do not own Bitcoin or Monero yet.
I can see where they are coming from. But we are very much on track to liberate ourselves from this mess no matter who runs for office.
Politics is theater for the masses who don't go to the theater.
You found that out while spending time reading articles on Medium? Who is even on Medium these days?
Bitcoin long term chart vs USD is predictable. It follows a log trend line until it breaks upwards because $ inflation becomes a bigger factor than the capitalization trend as a global reserve asset.
At some point Bitcoin IS a global reserve asset. That's when it will get less interesting as an investment.
And I tell you today that that is the time the attention will focus to Monero, which will seen as a beautiful off-shore bank account for all the Bitcoin UHNW individuals.
That's probably also why Monero's long term chart is much more interesting in the long term and frustrating for its holder in the short term. I am especially looking at the 3M chart here. It's a gigantic bull flag waiting for completion in the next 3 years.
Bitcoin for safe gains vs $.
Monero for the unpredictable wild ride.
#Bitcoin # Monero #Markets #Charts
"Banks currently limit cash withdrawals under the pretense of money laundering and security. They will ask all sorts of questions if you even TRY to withdraw your money. They realize we are on the verge of a crisis in banking on a global scale."
Martin Armstrong
"Safe trades" can only happen with money that the trading parties directly control themselves - hence without third parties. Meaning USD cash for Monero or Bitcoin on Haveno or Bisq is the only viable thing.
Prepare for all kind of bullshit excuses why banks and crypto banks need to limit access to their customers accounts.
I guess it can be quite anonymous if used with Tor.
Any recommendations? Future developments take better privacy into account?
#introductions
Old time redditor leaving the old continent behind and exploring the new frontier that is Nostr.
Tell me about the npubs I need to follow.
Interested in maximizing privacy and freedom.
I am not overestimating those whom I talk about.
Most people as harsh as it may sound don't matter in an economic sense. They are trend followers. And they will buy into privacy by marketing. Funny enough that most of today's Bitcoiners fall into the same category. They would never have discovered Bitcoin early on.
There are people who know what's going on in this world developing and using freedom tech. It's them who shape the world.
Monero is now #25 on CMC. Still 24 places to climb.
But at least PEPE is now left in the dust.
XMRBTC with a 6 month high and potential longer term outbreak.
XMRETH with a significant outbreak.
XMRUSD close to breaking out with extremely bullish set up on the monthly chart.
We are entering a time where privacy formerly seen as a luxury good turns into an essential good.
Nostr, Monero, GrapheneOS, SimpleX will be the tools of self-defense.
Bitcoin will take market share from USD and gold, but the growth potential will be far exceeded by privacy tech.
#Monero #Bitcoin
There is a nice cup and handle formation on the XMRBTC chart.
It should result in a +50% move over the course of the next weeks.
With Monero we're seeing an almost perfect Wyckoff accumulation scheme. Currently in phase D. Prepare yourself for take off.
Monero will come out of nowhere for the uninitiated.
The truth is. Private electronic cash has went through refinement for well over 30 years.
This sounds like Satoshi would have been a vivid Monero supporter.
Or is he?