Thread
The Supercycle bust
The bust from the supercycle is going to absolute rekt traditional financial markets. It will cause for fiat currency runs, trigger a broader global economic depression, and kick off the global program of Executive Order 6102 2.0 for Bitcoin. This will happen because bitcoin is fundamentally a global 24/7 free market for the pricing of money, and all traditional financial systems today are part of a broad interdependent global socialist political pricing systems. These systems have been fundamentally designed for ‘safety’ and to insulated the broader economy from panic and volatility. The panic that will happen from various kinds of synthetic bitcoin pricing mechanisms collapsing, similar to FTX but for the broader global financial markets. This panic will only end when Bretton woods 3.0 is forced through fiat systems pegging themselves to Bitcoin.
Replies (10)
They’re going to have to pry the corn my cold dead hands before I fucking beg for another portion of bugs in their gulag.
Or have a multisig system that can use your corn to bounty saving your ass from the gulag.
But for that to be the case the global financial system would have already be heavily invested in btc.
For example in the GFC roughly $50 trillion global value got wiped out.
With that in mind BTC market cap must be let’s say 100 trillion, drop 50% and lose a similar amount in value.
So a 50-100x from today?!
I think at that point 50% draw downs, in a less fiat heavy world, aren’t feasible.
What do you think? Or am I missing something? Genuinely asking ☺️👌
Yep, imho the super cycle (per Odell a +3mm bitcoin) is gonna be the traditional financial system piling into bitcoin, and most particularly using synthetic modes which allows for them to ballon this amount, and then the draw down, which the synthetic instruments cannot handle, and the system goes boom.
Sounds plausible. I probably underestimate how they will find ways to “invest” in synthetics.
Some good paranoid thoughts to consider
I've figured I had until about 2028-30 before things got really crazy. 2020 surprised me in its timing but it was just the prologue.
A bust after the SuPeRcycLe seems to be a fitting catalyst.
Lots of resiliency building this epoch I think.
The "bust" is just part of their cycle. They always needed it to convince the people to accept their new (lesser form) currency. They created the supercycle system (40-50 year cycles) to span generations so it was harder for the people to see their agenda. It was designed as a wealth redistribution scheme to extract the wealth from the people and at the same time use that wealth to fund all sides of a war if the people became too unruly.
