Why Japanese LOVE Bitcoin And Americans Will Soon Join Them
Here is a hum dinger episode I have been working on which gives some perspective on the Bank of Japan becoming a top 10 shareholder in over 50% of publicly traded companies. We'll explore what impact this has for moving to a Bitcoin based economy.
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Fiat will be so abundant, that in the orange model both will grow at different rates, also a lot of Alt fruits will popup from the huge fiats balloons ...
who doesnt still?
I would liken the economic inevitability of contraction to wildfires in California.
For years, wildfires naturally occurred. Then some people got it into their heads that stopping and preventing the fires was a good idea. For a while, it worked. But nature demands a contraction of wood material into fire and smoke. So, when nature’s bill was due, “payment” had been put off so many times that the resulting contraction was enormous and more damaging than if the original fires had been allowed to perform their natural rhythm of collapse and expand.
Great insight Chris with deep analysis. It is worrying thought, what may happen in next few years, based on your prediction on black Swan event. Indeed alternative news channels on youtube are painting the similar picture but with the conspiracy theory twist.
Cryptocurrency look like the future of economic system and to balance it.
+1
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They know BTC is the future baby.
I've heard you make some version of this presentation multiple times. It never gets old. Each time I listen, I feel like I absorb a different level of understanding. It always has an emotional component which I need to acknowledge, but also ignore; otherwise I myself will be injecting FOMO into my own financial planning.
Great video today, Chris. Holy cow, I had no idea what the BoJ was up to! I have always heard references to BTC and Japan in passing but never had a clear picture of what was going on there. Thank you.
Interesting insights and position on inflation and deflation. ...
Thanks for the news. Very informative