Cyph3rp9nk on Nostr: Bitcoin was created to penalize money printing, Bitcoin is a liquidity proxy, every ...

Bitcoin was created to penalize money printing, Bitcoin is a liquidity proxy, every time central banks print money or inject money into the system, bitcoin goes up in price like no other asset because it is an inelastic asset, its supply cannot be modified.

quoting nevent1q…nnf7

We have the most promising news on Bitcoin, reserve strategy by the United States, most have overlooked that the treasury can acquire additional Bitcoin with budget neutral strategies, and clearly distinguish Bitcoin from other assets.

But why isn't the price going up and everyone is so angry?

Because everything depends on liquidity, liquidity is the secret of everything, when years ago I understood the lie of the system, I understood that liquidity moved everything, which is nothing but counterfeit money.

One of the problems is that the system is becoming more and more opaque and now there are more methods to inject liquidity than the simple purchase of debt by central banks, even so, the global m2 liquidity and the liquidity of the dollar system are good metrics and right now, another measure is the loans granted since loans are money created out of nothing as well.

Right now dollar system liquidity is still totally stagnant at 2023 levels and global m2 has rebounded a bit and has reached September 2024 highs.

This is what will make bitcoin go up, but we don't know when because these are human decisions, but we know it will because we live in a debt system and debt has to be refinanced as it is unpayable and this is solved by printing more money.

Do you understand why technical analysis is at the same level as tarot cards? It is all so easy and yet so difficult given the simplicity of the idea that few understand it.

Just buy Bitcoin and wait, and if you don't like Bitcoin buy gold and wait, and if you don't like gold buy an SP500 ETF and wait.