it's a freaking zero sum game and people don't get it, corner it, distribute it
how to defend an asset value?
dollar aka greenback: easy, ask countries to buy treasuries, agreement to purchase oil in dollar, be the number one in tech
gold: easy, you dump i pump, who doesn't want gold?
silver: corner it
stocks: prop up the revenue, increase earnings, or fake it till you make it, issue bonds to repurchase your own shares
$Bitcoin(BTC.CC$ : ask the community to support wi...
how to defend an asset value?
dollar aka greenback: easy, ask countries to buy treasuries, agreement to purchase oil in dollar, be the number one in tech
gold: easy, you dump i pump, who doesn't want gold?
silver: corner it
stocks: prop up the revenue, increase earnings, or fake it till you make it, issue bonds to repurchase your own shares
$Bitcoin(BTC.CC$ : ask the community to support wi...
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4
to produce a piece of marble requires less energy than to produce one $Bitcoin(BTC.CC$
in fact marble
1. has real utility
2. it's store of value
3. it can be traded
4. it's divisible
5. it's esthetic
6. it's durable against time
7. it has no narrative, no ponzi, no zero sum game
and lastly
you don't need to buy the dip
in fact marble
1. has real utility
2. it's store of value
3. it can be traded
4. it's divisible
5. it's esthetic
6. it's durable against time
7. it has no narrative, no ponzi, no zero sum game
and lastly
you don't need to buy the dip
3
2
Sato Nagai OP Soso investor : how much will SBIT yield from this point if btc drops to 20K? from what i know short etf is using swap which will degrade it's value even when the price of the shorted asset stays the same, anyway I don't like playing the kind of roulette game i.e. black or red color, since I'm contra on btc doesn't mean i will short it,
i just try to warn people that right now i can sniff the distribution is happening
Sato Nagai OP BFSkinner : yes I'm