orangedog on Nostr: Bajali made a public bet on bird app that #bitcoin price would skyrocket to $1 ...
Bajali made a public bet on bird app that #bitcoin price would skyrocket to $1 million USD within 90 days
I think his intention is to issue grave warning to the fact that all big banks are in deep deep trouble
Banks are not only broke, they’re beyond broke
Your deposits aren’t cash in a vault
They’re invested in other vehicles with other banks to generate yield, including a traditionally safe investment, treasury bonds
which were bought in huge numbers when interest rates were near zero
when powell jacked up interest rates to battle inflation (not working btw) those treasuries became worthless because, held to maturity, they lose money..they are now junk
The FED and Treasury know this
They’re desperately injecting USD into the system to avoid ‘contagion’
Contagion means panic..nationwide bank runs
they want folks to calm down, go back to their facebook, and LEAVE THE MONEY IN THE BANK
because the money ain’t there
Yellen and Powell want ppl to stay asleep
Balaji wants ppl to wake up
Will BTC moon to a million in 90 days? I don’t think so..but it sure got a lot of attention, and that’s the point
because banking, and fiat currency, is all a grift
It’s a con game
and 99 percent of us are played
#bitcoin
I think his intention is to issue grave warning to the fact that all big banks are in deep deep trouble
Banks are not only broke, they’re beyond broke
Your deposits aren’t cash in a vault
They’re invested in other vehicles with other banks to generate yield, including a traditionally safe investment, treasury bonds
which were bought in huge numbers when interest rates were near zero
when powell jacked up interest rates to battle inflation (not working btw) those treasuries became worthless because, held to maturity, they lose money..they are now junk
The FED and Treasury know this
They’re desperately injecting USD into the system to avoid ‘contagion’
Contagion means panic..nationwide bank runs
they want folks to calm down, go back to their facebook, and LEAVE THE MONEY IN THE BANK
because the money ain’t there
Yellen and Powell want ppl to stay asleep
Balaji wants ppl to wake up
Will BTC moon to a million in 90 days? I don’t think so..but it sure got a lot of attention, and that’s the point
because banking, and fiat currency, is all a grift
It’s a con game
and 99 percent of us are played
#bitcoin