Financial topics

[Cool Breeze]

"But if the price falls, I am pretty confident I will be fired. Why bother putting my neck on the line?"

He would be utterly drawn and quartered and put in cage to rot in the Cathedral.
https://www.thevintagenews.com/2018/10/ ... ti-church/
Their remains were left dangling from the tower for 50 years.

He'll be drawn and quartered if he keeps holding treasuries that pay near nothing, and with a real yield that is negative. If you don't think these guys are all corporate reactionaries to get returns for their clients, you truly don't know anything about investing. This is basic stuff. They are lying to you so that you peons don't front run them to freedom. Sorry to break you the news, but I'll be telling you "I told you so" so many times in the future it's going to make your head spin. If you don't know that these guys are already in the game, you really, really aren't paying attention. As far as I can see, you are still clueless.

[Higgenbotham]

Inside Brazil’s Fight Against P.1, a Fast-Spreading Covid-19 Variant | WSJ

From the video:

New Covid Variant P.1

Doctors and researchers are at a loss to explain why P.1 appears to be more dangerous to younger adults.

So now we have more people in their 30s and 40s, working age people, who spent several days here. These new patients with P.1, they tend to deteriorate very fast.

This is extremely difficult for us. It's not uncommon to see parents and kids dying one after the other.

https://www.youtube.com/watch?v=WeQ4OHXyTTs

[Higgenbotham]

I'm trying to figure out how you can get past this in a way that would be of some benefit to yourself.

So here's my idea. You say,

"The issue is that for some or your opinions (not all) you have absolutely no basis. The best example is your non-criticism of BTC and lack of understanding of it."

Here's what Bill Gates said about Bitcoin, as I quoted the other day:

Bill Gates

"I don't own Bitcoin. I'm not short Bitcoin. So I've taken a neutral view."

"Bitcoin can go up and down based on the mania or whatever the views are and I don't have a way of predicting how that will progress."

"As an asset class, you’re not producing anything and so you shouldn’t expect it to go up. It’s kind of a pure ‘greater fool theory’ type of investment."

https://www.cnbc.com/video/2021/02/18/b ... on-it.html
https://www.cnbc.com/2018/05/07/bill-ga ... could.html

I'm assuming therefore that you have the same opinion of Gates' stance on Bitcoin as you do of mine.

Why not offer to debate Bill Gates or some other high profile person who is anti-Bitcoin? You could contact CNBC, Bloomberg, Fox Business, etc., and make the offer, while simultaneously contacting the Gates Foundation, Nouriel Roubini, and other respected high profile individuals who have made negative comments about Bitcoin.

If you could get on national television to "clear the air" on Bitcoin, your ship might come in, as opposed to spending time here debating someone like me who is essentially a nobody.

At the same time, you could give a plug to John.

If I had the opportunity, I definitely would. The problem is that, again, whatever you say to denigrate BTC you should apply to gold. Mining gold isn't "producing anything." It is an inferior version of BTC as an asset class for reasons I've stated for months now. It is scarcer, more easily divisible, you can't verify it as easily as bitcoin, you can't carry it at all as well as bitcoin, and you can't send it near instantly with ease. It shines as money far beyond gold, yet you don't apply these criticisms to gold. As a result, you are exposed when you denigrate BTC.

And for the 100th time, I don't have a problem with gold, it's just that (especially now) BTC is far superior to gold. Period. The cherry on top is that gold has been manipulated, confiscated, and all of the above; proof yet again that people who disparage bitcoin are frauds by their own making, since they don't and can't counter these realities.

I think the third objection to Bitcoin that I quoted from Bill Gates:

"As an asset class, you’re not producing anything and so you shouldn’t expect it to go up. It’s kind of a pure ‘greater fool theory’ type of investment."

would apply equally to gold. Except he might say there is a mining cost associated with gold that puts a floor under the price. At which point, if you debate him, you could say that there is also a mining cost associated with Bitcoin. Based on his third objection, he might counter that gold has uses in jewelry and electronics and that Bitcoin has no similar demand for use in products. I don't know what you'd be able to say to that.

But if you can line up a debate with Gates, I'd definitely be interested to hear how both of you respond to these various aspects and others.

What would you say to Jack Ma?

By the way, I have no interest in gold at these prices. I bought when gold was below the cost of production for many gold miners 20 or so years ago. And as posted earlier today, I felt gold was in a bubble in 2011.

[Higgenbotham]

"But if the price falls, I am pretty confident I will be fired. Why bother putting my neck on the line?"

He would be utterly drawn and quartered and put in cage to rot in the Cathedral.
https://www.thevintagenews.com/2018/10/ ... ti-church/
Their remains were left dangling from the tower for 50 years.

He'll be drawn and quartered if he keeps holding treasuries that pay near nothing, and with a real yield that is negative. If you don't think these guys are all corporate reactionaries to get returns for their clients, you truly don't know anything about investing. This is basic stuff. They are lying to you so that you peons don't front run them to freedom. Sorry to break you the news, but I'll be telling you "I told you so" so many times in the future it's going to make your head spin. If you don't know that these guys are already in the game, you really, really aren't paying attention. As far as I can see, you are still clueless.

They're not too concerned with the real yield being negative for a short time because they will be deploying that cash at a higher rate of return (whatever the business returns). They want to make sure they have the cash when it's time for it to be deployed.

Also, they can't easily lie about having Bitcoin because it would have to be reported to the SEC in the balance sheet and risk section of their 10-Q. If it's not reported and the value of the Bitcoin goes down, the accountants will catch it and more trouble will ensue, including legal trouble, when they have to write down the assets and report the loss. So rest assured it will be reported.

It would be interesting to see you line up a debate with one of these CFOs on national television to see how they respond to these and other issues you may raise.

Debating these high profile individuals who are raising objections to Bitcoin on national television is your real path to gaining credibility for Bitcoin and for yourself. I highly recommend it. I'd be willing to help you prepare, but I don't recommend you use what you said above.

[Higgenbotham]

Why not offer to debate Bill Gates or some other high profile person who is anti-Bitcoin?

If I had the opportunity, I definitely would.

I think you should also contact Nouriel Roubini and see if you can set up a debate with him on Bitcoin. I would be on the edge of my seat!

'Dr. Doom' economist Nouriel Roubini says 'the Flintstones had a better monetary system than bitcoin' and the token should not be considered a currency

Will Daniel

Feb. 17, 2021, 11:39 AM

Economist Nouriel Roubini — popularly known as Dr. Doom — believes the Flintstones had a better monetary system than bitcoin.

The NYU professor sat down with Bloomberg for an interview on Wednesday and blasted cryptocurrencies.

Roubini argued cryptocurrencies are a "bubble" based on "manipulation."

The professor said the term "currency" is a misnomer for the tokens, which aren't even real assets in his view.

Economist Nouriel Roubini, known as "Dr. Doom" for his pessimistic market views, said "the Flinstones had a better monetary system than bitcoin" in an interview with Bloomberg Wednesday morning.

The NYU professor argued bitcoin and other digital tokens shouldn't even be considered currencies because they lack many of the basic traits currencies must possess.

"Fundamentally, bitcoin is not a currency. It's not a unit of account, it's not a scalable means of payment, and it's not a stable store of value," Roubini said.

"Calling them cryptocurrencies is a misnomer, they're not even assets," Roubini added.

Roubini's bearish take on cryptocurrencies comes amid a historic run for bitcoin. The currency passed all-time highs of over $51,000 per coin on Wednesday.

When asked why bitcoin's price continues to surge, Roubini responded by saying "its surging because there is a massive amount of manipulation, pump and dump schemes, spoofing, wash trading, and front running."

"I think it's a bubble," the economist added.

https://markets.businessinsider.com/cur ... 1030093345

https://www.youtube.com/watch?v=1IH9BHV6ywM

He's more negative on Bitcoin than anybody I've run across. It seems as if he might be open to a debate.

https://youtu.be/1IH9BHV6ywM?t=211

Here, Roubini uses the exact same argument for gold that I said Bill Gates might use in response to your objections. So I think you should get prepared for that one.

Roubini says, "Gold doesn't have an income but there's a use in industry, as utility as jewelry, and as past monetary use as a store of value. You look at Bitcoin, it doesn't have an income, it doesn't have a use, it doesn't have any utility, so it is a pure self-fulfilling bubble on price appreciation."

Like I said, I don't know how to counter some parts of that argument. I'd like to see you line up a debate with him. That would be more interesting than debating Bill Gates.

[aeden]

Counter Intel or even worse H.
Ran into these forum shape shifters before. During the Hurricane that hit Tampa the smoldering platform lunatics are renown in accusation rhetoric.
We are warned by a reformed cultist also. The root of the left coast one was apparently following Baphomet that came from a 1098 account
from the Siege of Antioch also just for the hell of it to what is going on. The converted guy still alive told that yea we could see the things stature. When He moved to the east coast and converted or say escaped and repented the conversation went as this. They feed on you. His statement was noted as you starve them and they appear smaller in form in these areas. Of course he got saved from the Cross of Calvary. Of course they do not understand the sign of the times either. As we mentioned, it was put this way. You can only help the pocessed since the others are impossible to help they are sealed. The Pastor conveyed what and who they are and how to deal with it. The secular mind has a jagged pill for everything they want to treat not cure basically. Some time nature does do things but we are dealing with some other issues also H. If your in a car wreck of course I want a American Hospital. Other then that your going to pay a price. Years ago when young I got a vaccine and times later I got a viral nerve infection from Dryvax which appears common in life if you understand. It took some time to identify the culprit and the consequences from a few who are smarter then the lets say pharmakeia. Yea we can parse data these halfwits are still fomenting about. No they do not understand or the sign of the times. Perspectives are earned and also given in measures if asked. As we warned a veil exists for now.

Peasant, nobody of intellect cares about your "utopian fantasies".
You gold bugs are really special sort of idiots or really active agendists/provocateurs.

See how easy it is to trigger retards since 1666 and before.

thread: Bella Dodd

We warned you.
Sat Jan 14, 2017 10:04 am
Notes: https://www.zerohedge.com/political/jud ... ct-veritas
For students of official propaganda, manipulation of public opinion, psychological conditioning, and emotional coercion, it doesn’t get much better than this. As Trump and his army of Goldman Sachs guys, corporate CEOs, and Christian zealots slouch toward inauguration day, we are being treated to a master class in coordinated media manipulation that is making Goebbels look like an amateur. This may not be immediately apparent,

"I would say to him: I wish you good health. I say that without irony or joking."

[aeden]

https://pubmed.ncbi.nlm.nih.gov/33694082/ <---------------------------

[aeden]

expendable
https://www.youtube.com/watch?v=zDQjtRufr3M

risk
https://www.youtube.com/watch?v=q2gO4DKVpa8

A baizuo only cares about topics such as immigration, minorities, LGBT and the environment while being obsessed with
political correctness to the extent that they import backwards Islamic values for the sake of multiculturalism.
search.php?keywords=+baizuo&t=2&sf=msgonly
The Chinese see the baizuo as ignorant and arrogant westerners.

Sat Mar 20, 2021 5:22 pm

We ate instant noodles that we luckily had packed in our bags.
No free lunch was provided.....
Swamp not happy and neither is taxpayers.

Then shall the realm of Albion
Come to great confusion:
Then comes the time, who lives to see't,
That going shall be used with feet.
This prophecy Merlin shall make; for I live before his time.
William Shakespeare King Lear Act 3

Video unavailable.
This video is private.

viewtopic.php?p=54190#p54190

search.php?keywords=culpable&t=2&sf=msg ... 996271f1b8

"All honest men killed Caesar....some lacked design, some courage, some opportunity: none lacked the will."
Cicero, Philippics

http://penelope.uchicago.edu/~grout/enc ... icero.html

thread: amos, locusts, Psalm 119
Blessed are those whose ways are blameless, who walk according to the law of the Lord.
Blessed are those who keep his statutes and seek him with all their heart— they do no wrong
but follow his ways. You have laid down precepts that are to be fully obeyed.
Oh, that my ways were steadfast in obeying your decrees!
Then I would not be put to shame when I consider all your commands.

[Higgenbotham]

Counter Intel or even worse H.
Ran into these forum shape shifters before.

There aren't many nickels to shake out of couch cushions over here. The idea might be that with the $1400 stimulus checks being moved out, this is an opportune time to shake more than a few nickels out.

A baizuo only cares about topics such as immigration, minorities, LGBT and the environment while being obsessed with
political correctness to the extent that they import backwards Islamic values for the sake of multiculturalism.
search.php?keywords=+baizuo&t=2&sf=msgonly
The Chinese see the baizuo as ignorant and arrogant westerners.

My thought in response to seeing this is what attitudes shape an ascendant civilization versus one that is entering terminal decline. And that circles back to this:

Cool Breeze,

Alibaba seems to be the leading innovator in blockchain and cryptocurrency. They have more blockchain patents than any other company.

I can't find anything recent from Jack Ma (he's number 25 on the Forbes real time list of billionaires) but he's another high profile person who's stated that Bitcoin is a bubble and won't deal with Bitcoin. I can't find any evidence that Alibaba accepts Bitcoin, even now. Perhaps you could try to arrange a debate with him. Anytime I've seen him on the business channels, he seems like a regular guy who might entertain such a thing. He was a teacher before starting Alibaba.

Also, maybe Max Keiser at RT would consider hosting a segment on this topic.

Good luck and go get 'em, my friend. I'll be sure to watch if you can arrange a high profile debate and surely I will learn something from it.

'Blockchain Is Not a Bubble, But Bitcoin Is,' Says Alibaba's Jack Ma

TANG SHIHUA

DATE: MAY 17 2018/ SOURCE: YICAI


(Yicai Global) May 17 -- Jack Ma, executive chairman of China's tech conglomerate Alibaba Group Holding Ltd. and a long-standing skeptic of one of the well-known cryptocurrencies, repeated his criticism of Bitcoin, but talked up the blockchain technology.

"Blockchain is not a bubble, but Bitcoin is," Ma reportedly said yesterday, according to online new site The Paper. "Bitcoin is only a small part of blockchain," Ma told the second World Intelligent Congress in Tianjin, North China.

"Blockchain is not a gold mine. It must be a solution to data privacy in the data age," Ma said. "It has to provide value before it can become wealth."

Alibaba has long studied blockchain and currently has the most blockchain patents in the world. "Alibaba will die if there is no blockchain," Ma reportedly said.

Alibaba's co-founder realized the importance of blockchain technology when he heard that it could solve the problem of data privacy security before he understood it, Ma said. Alibaba has been working on blockchain for years, but it has no intention to deal with Bitcoin, he repeated.

https://www.yicaiglobal.com/news/blockc ... ba-jack-ma

Are the Chinese seeing this more clearly also? I'd like to see Cool's opinion on this.

[aeden]

https://www.zerohedge.com/geopolitical/ ... telligence
No nickels are available for penny antics.

Adapt sweeps in which you process the mental maps.
Empire adapt just like the middle age anchors found off the west coast also.

As I watched, its wings were pulled off. Daniel