Gentlemen, we've done it.
We've created pure cringe. The European mind cannot understand.
Not gonna lie...
I don't hate it as much as I thought I would! Clown World is indeed a dark comedy. The darkest of comedies... because... you know... it's real. Ripping up an American flag on a t-shirt to reveal Trump/Vance 2024... lol. Can't make this shit up. Glorious. I need to rewatch the movie honestly.
Banks offline?
Yeah apparently the Internet (Microsoft) was pretty FUBAR recently. Lot's of complaining about it but I didn't personally experience anything weird.
This guy makes some points but he also thinks XRP is the future so take that one with a grain of salt. To be fair to XRP it may have been 100% premined but that's still a lot better than fiat. Fiat currency is printed whenever the banks collectively want to print it. XRP premine only gets to be sold one time which is a pretty important distinction. XRP Army is indeed a strong, albeit toxic and delusional, community. I see no reason that they shouldn't be around for a long time, especially with all the recent court victories.
Damn planes were grounded as well?
I'm not quite sure just how bad this Internet outage was... perhaps we'll get more details as the situation unfolds. The WEF warned us about this, guys! Those dudes are so smart I tellyahwat. How did they know?
I will keep Elizabeth Warren and her goons away from your, Bitcoin.
I will never allow the creation of a [CBDC].
Wow just coming out full throttle.
Who had this on their Bingo card? Got damn! What a landslide victory this is turning into. Not that I'm celebrating. I hate Trump. Trump is the worst. But also I'd never endorse any political candidate ever so there is that. Here's what it would take for me to endorse a politician:
- Stops talking about children's table politics and calls them out for what they are.
- Discusses imperialism and world-policing as a geo-political strategy.
- Acknowledges the military and prison industrial complexes.
- Speaks to the corruption of money.
- Has plans to slowly & incrementally inch ourselves away from this toxicity.
- Doesn't get assassinated.
Needless to say it's never going to happen because obviously. The left and the right are simply two sides of the same coin.
Ethereum ETF launch next week is a sell-the-news event.
I feel like this should be obvious but everyone assumes we are about to get a huge pump. Why would anyone assume this we are going to pump more? It's the classic buy the rumor sell the news situation. The leverage that can move in and out of the market in a given instant is way higher than any kind of fundamental development like this. We've seen this play out dozens of times and people still fall for it hook line and sinker.
Of course the BTC ETF was a sell-the-news event as well... but the selling only lasted a couple weeks and then we spiked out of control to all time highs at record breaking speeds when compared to other 4-year cycles. Could something similar happen this time around? Anything is possible but I reserve my bullishness until we get past Q3. September is the worst.
Bitcoin strategic reserve?
There's also some clown who says he has "credible sources" that Trump will announce a Bitcoin strategic reserve for USA when he's elected. There are a lot of mixed emotions here. I'm seeing a lot of posts boasting about the hypocrisy of wanting entities like Blackrock and the USG to partake in mainstream adoption.
At the same time there was no possible reality where crypto transitioned into mainstream adoption and these corrupted entities just sat and the sidelines and didn't adopt it, leading to a slow and silent death. Of course governments, banks, and corporations were going to adopt DLT. Duh! It's basically free money for them. Look at all this degeneracy they can capitalize on.
The entire point of crypto was to force everyone onto a fair platform that couldn't be manipulated by a corruptible agent. We get exactly what we want and all these dingleberries are still out there complaining about it? Make it make sense. Some people are impossible to please.
Of course we are still firmly within the "then they fight you" stage. The beast is playing dead. This is not capitulation so much as a corporate and Wall Street attempted takeover and coup of BTC and crypto. Will it succeed? Sure, they might be able to get ahold of most of the BTC but as long as Bitcoin remains very hard to censor and usable it's kind of an everybody-wins scenario, even the people we don't like. Too bad so sad. Deal with it.
Conclusion
The simulation has been overlocked and set to ludicrous-speed.
Idiocracy is in full effect.
Get ready for 2025 to be completely batshit crazy.
Count on it.
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