In the short run, the Dollar price of Bitcoin fuels Fear and Greed and nothing else. Play short term games win short term prizes.
In the long run, understanding of Bitcoin fuels its purchasing power outperformance. Play long term games win long term prizes.
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An Auction could be an interesting “free market” mechanism to efficiently allocate and maximize revenue for the Fort Knox Gold (assuming it’s there).
Govt could hold an Auction every day for a fixed amount of Gold.
The catch is Auction participants have to pay with Bitcoin.🤷🏻♂️
The reason the Bitcoin Cheat Code needed to be invented/discovered is because too many humans were ignoring all of the Cheat Codes preserved in Ancient Scriptures like the Bible and it showed.
And Satoshi saw that it was not good…
And so Satoshi created Bitcoin.
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If you think an Infinite Monopoly Money Printer system can’t manipulate and suppress the Fiat price of things like Gold, Bitcoin, and Stocks, then you’re naive.
If you think Bitcoin and Free Markets can’t overcome Fiat price manipulation obstacles, then you’re hopeless.
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We need to decentralize Bitcoin keys away from Big Custodians just like we need to decentralize hash away from massive mining pools just like we need more alternative implementations of Bitcoin separate from Bitcoin Core.
Discuss.
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It’s fine to be Pro Vax or Anti-Vax personally and be private about it.
Just like it’s ok to be Pro-Choice or Pro-Life and be private about it.
But if you come into the Public Square and even hint at getting the Govt involved to enforce your opinion, you’re just a bitch. 🇺🇸🦅🫡
If you aren’t willing or are unable to enforce a law or go to war yourself and need Govt Goons with Guns to do your dirty work then please shut the fuck up because you’re just a weak bitch who needs thugs to get what you want.
Your time is better spent studying Bitcoin.
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Power Rankings of Money Volume 1
1. Bitcoin
2. Gold
3. Silver
….
99. Shitcoins
100. Fiat Dollar Money
Shitcoins are only higher than Fiat Dollars because they’re not coercive (for now).
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