Karl T's Bitcoin Channel
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Borders are just imaginary lines on the ground.
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Bitcoin dominance chart. I drew the lines. Flag forming?
Lmao
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New inflation numbers just published this morning. They are even higher than the last numbers. 40 year high. This means the Fed is going to continue their "quantitative tightening", where they raise interest rates further and sell off some of the assets on their balance sheet. That will likely induce a steep recession, which will cause demand destruction (and thus reduce inflation). It's like doing brain surgery by beating the patient with a frying pan.
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Breakdown of inflation data released today.
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The key to building wealth is to buy Bitcoin when everybody else either hates it, or is bored with it. Ideally some combination of the two.
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Good Lord. 😬
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Dork doesn't know about the difficulty adjustment.
New term: Current-Thingers
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Forwarded from Counter-Currents
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