Crypto isn’t a hedge against recessi—
Crypto isn’t a hedge against recessi—
Parker Young
Easton Gonzalez
Oliver Moore
Wait until you see what happens when the Derivatives bubble pops.
>Since there is literally no economist in the world that knows exactly how the derivative money flows or how the system works, while derivatives are traded in microseconds by computers, we really don't know what will trigger the crash, or when it will happen, but considering the global financial crisis this system is in for tough times, that will be catastrophic for the world financial system since the 9 largest banks shown below hold a total of $228.72 trillion in Derivatives - Approximately 3 times the entire world economy. No government in world has money for this bailout.
>$228.72 Trillion
demonocracy.info
Zachary Fisher
>hedge
Ryder Collins
this part is true: "no economist in the world that knows exactly how the derivative money flows or how the system works,"
how cool is that, the original
Chase Harris
Its all a scam. The only way to save yourself is through jesus.
Gavin Hill
Only newfags think its not a hedge against recession, the '13 bull run is proof of that!
Joseph Nguyen
I have yet to see any convincing evidence that bitcoin (or crypto in general) is considered a hedge against the wider market. In fact, all available evidence I've seen indicates that it behaves as a speculative asset, and if anything is prone to react poorly during a market crash.
Well, that's not totally true -- all availavle evidence except a study on GBTC by... Greyscale, who rather willfully ignored all other macroeconomic factors and claimed a 50% rise in their asset-backed derivative was entirely due to a trade war.
Joseph Brooks
>crypto is the trade war
>what did the US do to binance again?
>hmnmm, surely just a coincidence
Easton Garcia
>claimed a 50% rise in their asset-backed derivative was entirely due to a trade war.
While admitting bitcoin is still young for a hedging asset, Grayscale nonetheless confirms belief in its future potential.
“While it is still very early in Bitcoin’s life cycle as an investable asset, we have identified evidence supporting the notion that it can serve as a hedge in a global liquidity crisis, particularly those that result in subsequent currency devaluations,” Beck concluded.
At the same time, theories about bitcoin’s price rally in May also lean towards the non-political, such as investors notionally experiencing FOMO (fear of missing out) after April’s initial surge.
Oliver Lopez
Based. Also buy link
Carson Fisher
>he only way to save yourself
I've accepted that no such concept exists, I'm here for a reason and it isn't to save myself
Jesus is a bro and understood this as well
Christopher Brown
Bitcoin is great against regional crisis.
The fact that crypto would skyrocket or collapse in a black swan event is yet to be decided.
What is obvious is that crypto is a superior form of money in every aspect for an individual compared to fiat.
Carson Sanders
>save yourself
you have to defeat yourself to be free
Colton Fisher
>recessi-
Nicholas Sanders
Jaxon Jackson
Jackson Phillips
Hey newfag, Go look up the '13 Cyprian bank crisis! Correlate with BTC price.
t. worked in a pub in '13 with boomer (((BANKER))) customers that started talkin/got interested in BTC, they knew I was already in!
How much do you understand banking regs? Do you know account insurance is a meme right? The system was never made for to big to fail.
Ryder Cooper
BASED Adam Curtis ALL his DOCs (except his last one) are AMAZING!
Ryder Roberts
cheers
Chase Miller
Luke Nelson
Tyler Sullivan
youtu.be
Pompliano is a Jow Forums lurker and posts clown pepes on his blog
he also has a good interview show regarding crypto on spotify
Colton Phillips