A guy sends me a polite email, and says in a couple paragraphs that 1) he doesn't really see any role for bitcoin in a portfolio, it has no intrinsic value, and it just trades on sentiment and also that 2) it threatens USD hegemony and so politicians are likely going to add friction to it.

So I'm like, well, if there's nothing particularly valuable about it to give it any value or consideration for a portfolio, why does it threaten USD hegemony? Like, it threatens the largest and most globally salable monetary network in the world while having no intrinsic value, no portfolio role, while just being a thing that trades on sentiment?

¯\_(ツ)_/¯

JPMorgan Mistakenly Deleted 47 Million Records, SEC Alleges: BBG BleachBit strikes again

Liesman: "The Fed has the tools to provide the dollars that the global system needs" Yes it does. CTRL and P

*EUROPE IS ALREADY INDIRECTLY AT WAR WITH RUSSIA:HUNGARY'S ORBAN