[edited out]
You can be a royal pain in the ass.
Thanks.
do you think i believe that we will have 5 years of 5% to 7% interest from the fed.
Do I have any idea regarding what you think?
That's a rhetorical question, right?
I know that you have frequently presented a quite a bit of nonsense, including that when BTC prices were bouncing around $16k, you were suggesting that guys with 100 BTC (and presumably coiners with lower quantities of BTC) should sell their BTC and buy IBonds.
which would not be anywhere near what happened under Nixon Ford Carter then Reagan.
I am not sure how helpful such an analysis and comparison would be (or should be).. figure out bitcoin first, and figure out your own situation including how much that you want to allocate to bitcoin before getting overly worked up in terms of trying to figure out if there might be some value in holding fiat as an investment rather than merely as a way to manage your cashflow (and expenses). I am not completely against comparing and contrasting traditional investment portfolios that might consider 40/60 allocations that are 40% bonds and 60% equities, so in that regard, if anyone feels compelled to continue to follow a traditional investment allocation, then they may well also need to consider how much to put into bitcoin.
If we have been in bitcoin for a while, we likely have long ago gotten away from a 40/60 allocation, and a lot of the getting away from trying to frame your investment in terms of traditional categories is to figure out what the fuck you are going to do with bitcoin, and I would imagine that you should be way more locked in than me because you have been in bitcoin for nearly 3 years longer than me, but part of the problem seems to be that you still want to start to analyze the situation from a traditional kind of framework when we are in a bitcoin thread.. so focus ur lil selfie... get you bitcoin plan together first, and if you want to dabble in that other stuff then so be it, I don't see any reason to spend a lot of time talking about it in these here parts.. especially pumping that bullshit as if we need to have it as part of the focus of any of our discussions in this thread.
But I am certain that unless they end the Ukraine 🇺🇦 Russia 🇷🇺 war rates will remain high.
Whats high 5-7% till Jan 2025 is likely.
Which means shit news for btc or shitcoins
Sure.. no problem. The interest rates might remain in the 5-7% price arena for the coming 2 years or more.. so what? I imagine that part of the concern also remains to keep interest rates high in order to try to attempt to drive CPI down to 2% or maybe they will be willing to accept 5%.. and whether it is the Ukraine war or some other excuse, there is a battle to keep the dollar as the strongest of the currencies in order that other currencies are going to continue to have to try to keep up with the top of the fiats.. and the extent to which you should allow your bitcoin investments (management or approach) to materially be affected by interest rates should likely be a relatively minor consideration. You have heard of the four year fractal, no? You have also heard of exponential s-curve adoption based on network effects and Metcalfe principles, right? Anyhow, bitcoin might be manipulated down to some extent but it still remains the fastest horse in the race and likely will continue to be the fastest horse in the race for the next 10 to 20 years.. even though there are likely going to continue to be bumps in the road along the way, too.
Regarding shitcoins. .. who cares? Fuck shitcoins...
Poll
