Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Wrathofcoins
on 26/06/2023, 23:32:12 UTC
Whatever effect brrr has, it takes years if not decades to play out.
With the electorate that cannot put two and two together, the effects are unclear.
Of course, 'hiding' in bitcoin provides some solace.

Gov debt is at 30+ tril, right?
Now, imagine it at 40 tril...basically the "same" thing.
Then, 50 tril....same vibe.
It works until it doesn't....but it is unknowable when that happens.

I can see some situation developing in maybe 10 years, though, as by then the Trust fund for social security would be depleted (google it, projected numbers are from 2032-2034) and boomers would "suddenly" lose 20-24% of their social security payments. That would be a "joke" millennials could play on them in lieu of "making" most of real estate unaffordable.

Well in the end this its the actual stage of capitalism, full consumption.

Owning its forbidden. The WEF said it clearly and loud," you are not gonna own nothing, but you are gonna be happy ". Sounds more like a evangelic church right?