This is spot on. They are warming up the water in the kettle without having the herd notice. We need to think further ahead, ie how can we protect our savings from the decisions they will take.
The Fed decision this week will decide the market path of all assets . They are in the driving seat right now . Princes of the Yen is worth a watch on YouTube . By describing what happened in Japan, it depicts how much control central banks and the BIS really do have.
Agree. Actually just spoke to our newest intern on this and recommended the movie. Credit creation creates growth. Low rates, free money, low reserve requirements..
Watched it just recently and found it hard not to think that now, we are potentially seeing a similar crisis being created on a bigger scale. If it unfolds the next big trade won't be making money . It will be protecting ones wealth in the aftermath. It's a power struggle and until the people at the top become aware of their shadow selves, it will always be a struggle for power.
Datamine is an extremely interesting project worth checking out. The have an ecosystem setup with two tokens and a smart contract which manages to control inflation.
Some first hand experience about CBDC: I've just received a red packet containing 55 Digital RMB (about USD 8.6) from the Shanghai government in its pilot program to promote the adoption of CBDC. Shanghai has given away 350,000 such red packets by drawing lots. I have downloaded the wallet app and have the impression that it is quite similar to a ERC20 wallet.
Have not seen that, but she’s expressed those thoughts openly on Twitter. I actually hit on it in Fear Mongering.. she was sort of the inspiration for that piece. And while I subtly label her a monger, I do think she’s right.
This is spot on. They are warming up the water in the kettle without having the herd notice. We need to think further ahead, ie how can we protect our savings from the decisions they will take.
The Fed decision this week will decide the market path of all assets . They are in the driving seat right now . Princes of the Yen is worth a watch on YouTube . By describing what happened in Japan, it depicts how much control central banks and the BIS really do have.
Agree. Actually just spoke to our newest intern on this and recommended the movie. Credit creation creates growth. Low rates, free money, low reserve requirements..
Watched it just recently and found it hard not to think that now, we are potentially seeing a similar crisis being created on a bigger scale. If it unfolds the next big trade won't be making money . It will be protecting ones wealth in the aftermath. It's a power struggle and until the people at the top become aware of their shadow selves, it will always be a struggle for power.
Makes what happens in El Salvador even more interesting
Datamine is an extremely interesting project worth checking out. The have an ecosystem setup with two tokens and a smart contract which manages to control inflation.
Thanks for sharing. Will you make an update on Wednesday?
Some first hand experience about CBDC: I've just received a red packet containing 55 Digital RMB (about USD 8.6) from the Shanghai government in its pilot program to promote the adoption of CBDC. Shanghai has given away 350,000 such red packets by drawing lots. I have downloaded the wallet app and have the impression that it is quite similar to a ERC20 wallet.
This is really interesting. In your opinion, how is it comparable to an ERC20 wallet?
在国内的使用率怎么样？听说大家不喜欢用，国家有点愁，因为大家还是喜欢用微信，是吗？
老乡。。。你来啦。。。
你好
I love the way you organise your thoughts! Look forward to hearing from you after the Fed's press conference.
Btw have you come across this? Something less strong than "crackdown"...? https://twitter.com/BikesandBitcoin/status/1404849212676730886?s=20
Have not seen that, but she’s expressed those thoughts openly on Twitter. I actually hit on it in Fear Mongering.. she was sort of the inspiration for that piece. And while I subtly label her a monger, I do think she’s right.