Investments

They all want their own version of digital currency.
Nigeria introducing the “Naira” (I think that’s what it’s called). I have even heard of the Afrocoin.

It all comes down to controlling the flow of funds and information. Each government wants to join the gravy train and be in charge - Ultimate control is the goal.

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My previous explanation for that was:

The Chinese are always looking for alternatives since they intend to decouple. It also makes sense in terms of asymmetrical warfare….

And mining crypto is an industry for them and they seized a good chunk of those.

Governments hold almost anything, they buy huge reserves of gold so that they can dump it in the market. Bitcoin is an alternative to their precious fiat, they might just dump huge amounts of Bitcoin, discredit it and « regulate » it.

There are many explanations.

The US government holds $3B, it’s not that much. They regularly auction bitcoins seized from criminals too. The little the auctioned from Ulbricht’s stash would be half that today around 1.5B if I remember correctly.

They also own a bunch of patents, they invest in everything, covering all angles including real estate

“New gold mine about to be found”> stock :arrow_up: > nothing found > stock :arrow_down:

“New regulation to be passed”> stock :arrow_up: > not passed> stock :arrow_down:

“Merger about to happen”> stock :arrow_up: > backed off the deal> stock :arrow_down:

I can still see how it might look like a classic pump and dump scheme by the oligarchs

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Keeping in mind that intrinsic value means little:

Fields have lot of advantages over drugs, people will still use medicine.
There are many great way to lower air travel cost, be more green, better technologies, people stick to what is familiar and they feel comfortable with. They are ignorant and biased (nothing wrong with that).
People buy 1000$ bags when a 15$ one will do the same. People tip even when they won’t ever go to that restaurant again.

The inflation/deflation argument is far away for most people. Inflation is sought after, 2-4% targeted by most government, countries try to fight deflation. Inflation also means asset appreciation. Anyone who buys a house, wants the value of that house to go up.

Then the US killed a lot of people in lots of wars to preserve the dollar’s hegemony.

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I think the future will be crypto. Unfortunately.
Digital yuan is already on the way. The government can literally forbid certain people to buy certain things. Total control .
Digital euro will take a little more time but it’s already planned.

There’s also rumors that the Chinese crypto currency might be gold backed. That would be quite interesting. But the gold might have to be stored and handled by a sovereign third party and I dont think the Chinese will do that.

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Anywho, isn’t this for exchanging trading ideas ?

Guys , check out goldspot . It’s basically a penny stock
,but the technique they use seems quite innovative.
I dont see much weaknesses at all .

Here’s an execellent DD on it:

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These guys scammed me. I tried to buy a Bitcoin (one) but they took my money and I did not receive my unit, haha. I think that technical support blocked me. So, be careful guys, please.

On the other hand, I registered my own crypto wallet so now I have an opportunity to exchange/invest my cryptocurrency in different projects. At least now I know that nothing wrong will happen with my savings even though the market is still unstable.

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Im sorry but being that you are a new Member i feel like when one gets an email from an unknown person talking great about “X” product/website/opportunity and then it comes with a link :sweat_smile:

Afraid to click on it. :triangular_flag_on_post:

But uhm welcome to the forum :grin:

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I have most of my money imvested in gaming company that recently got a license to release in China(very big market) and will release a sequel to a successful game this year.
I also have some investments in a company which constructs train tracks, I believe they will take part in builiding new infrastructures after the war in Ukraine is over.
Then I also have some invested in a bank which kinda dodged few crazy policies by not giving mortage loans.
I only invest in companies that have story of paying dividends.

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I have a negative attitude towards cryptocurrency, a lot of crime is involved with it. As an option for additional income, I consider betting and online casinos. I read a lot of useful information on this subject here https://best-crash-games.com/es/igra-aviator-aviator/.