So BTC now… is comparable to the housing bubble in 2007. W…
So BTC now… is comparable to the housing bubble in 2007. We have a scale of fraud here that's comparable to Enron, the 2008 Lehman Bros. / Bear Stearns… the same pattern repeating itself.
I do think it's a big fraud / ponzi and will at some point crash. But when is a complete mystery. Miners might be aware of and watching things that ordinary people can't.
If you want to be like Michael Burry from the Big Short— here's your big chance. Find a way to somehow get put contracts against BTC.
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That was not good advice.
They are pissing away our economic effort by way of heavy taxation and inflation then spending the proceeds on stupid shit.
People need a way of mitigating this, whatever the method.