BTC #14: IGNORE BTC FUD: fear, uncertainty & doubt

Earlier this month, Britain’s Financial Conduct Authority warned crypto traders that they “should be prepared to lose all their money” because there are so many risks involved in Bitcoin.

Furthermore, Janet Yellen, President Biden’s pick to head the Treasury, laid down the hammer when she voiced worries last week that decentralized, anonymous cryptocurrencies could be used by criminals — provoking fears of a regulatory clampdown under the Biden administration.

“I think many are used, at least in a transactions sense, mainly for illicit financing, and I think we really need to examine ways in which we can curtail their use and make sure that money laundering does not occur through these channels,” Yellen said Tuesday.

This sounds like very scary stuff for Bitcoin.

Except it’s not.

What just happened in the centralized fiat markets with GME and AMC is a far bigger risk to investors.  The actions are directly linked to M1 and M2 money printing too.  Someone should tell Yellen this.  Maybe she is deaf because she got 810,000 dollars to speak from the Citadel Hedge Fund.  the same fund that just defrauded Robinhood users?  She got a lot more money from Wall Street by reports out today in the media.  

Ironic........that as soon as Yellen tried to scare Bitcoiner's the shit storm just hit her own windshield.  How does Wall Street cheat?  It is not with crypto.........they cheat with fiat money instruments.  

The shorts, used fiat regulations of leverage to sell the stock of GameStop 140% short. Did you hear one person on social media or TV complaining about Wall Street hedge funds with short positions trying to crush GameStop claim?  Not one.  They were 140% short because they used fiat leverage to do it!"   How did they do it, Ms. Yellen?

They used cheap fiat money from the Fed printing press to gain leverage using rehypothecation.  

GME was rehypothecated, which is a fancy way of saying that brokerages lent out shares of GME that didn't exist. They basically created stock when there was no stock.  Hence why the short interest was above 100%.  It was at 140% yesterday and today it is still at 127%. This is what happens when you trust a third party. Bitcoin doesn't require a trusted third party because it is DECENTRALIZED!  

Central banks can print money far longer than ‘the public’ can remain solvent. That is FUNDAMENTALLY the problem with our CENTRALIZED SYSTEM on the corner of Wall Street and Broad.

Here is an example for Yellen to swallow...........here is how hedge fund cheats the public using fiat instruments that are centralized and need regulation.  Decentralized finance has no need for any of this.  It eliminates all middlemen because it removes people from controlling the market.

Here's the bailout play coming.

Robinhood "raised" $1B overnight from existing investors and it is getting larger.

The elites in suits and hedge funds can't let Robinhood die this way because it harms their centralized paradigm. Who's gonna' help them front-run so many average Joes otherwise?

Remember the ultimate Juris maxima: If something's free, you're the product. Robinhood was free so the retail investors from Wall St bets are likely the product being sold to someone else.  That someone else is who Biden and Yellen will protect.  You can bet your ass on it.  Those are the cheaters..............and that is why we all need to unbank ourselves. 

Bitcoiner’s will forget what you said, bitcoiner’s will forget how you did it, but they will never forget a centralized mistake.

Congress saved the hedge funds, but the US taxpayer can’t even get their stimulus checks. Wall Street bail outs are printed out of fiat dollars, not Bitcoin. The call for the BTC Standard is getting louder by the day.

I suppose since ‘We The People’ have seen over $20 trillion in debt monetized by Central Banks in the past decade, we're now a bit jaded, but what the SNB (and others) is doing is MONETIZING equities. The retail investors of Wall Street Bets got fed up did their homework and put the elite Hedge fund managers balls in a vice grip to facilitate change. They are interested in destroying the centralized world of Wall Street. What did the retail investors of Wall Street Bets really do?  

When investors come into a decentralized market they add mass to it.  That mass creates its own value that Wall Street and the government cannot control.  That is the point of the silent revolution happening now.  

This is who regulators hurt most

One country’s failure to realize the opportunity with crypto is another’s gain. Deregulating Bitcoin only hurts legitimate businesses that can benefit from its global, deflationary properties. Countries that have outlawed Bitcoin forced it onto the Black Market and lost out on benefiting it themselves.

Think about marijuana and why U.S. states are now legalizing it for major tax income.

Let me reiterate, legitimate U.S. businesses are the ones the U.S. hurts most with regulation. What’s stopping another global powerhouse like China or Japan from welcoming Bitcoin with open arms?

Don’t forget that Bitcoin is a deflationary currency, something that the U.S. needs desperately right now after printing 20% of all U.S. dollars ever created. Yes, one-fifth of ALL U.S. dollars were created in 2020 alone to fuel stimulus packages and financial bailouts linked to COVID-19.

Inflation is predicted to get much worse under Biden.  This is why I wrote BTC #6 for my patrons and members.

The Biggest Mistake Many Crypto Investors Make

They invest in Bitcoin without first understanding it.

They just want to make money ASAP and go home with their loot.

Sure, you can probably pull this off if this is you. The problem is, however, that when Bitcoin drops you may not have the stomach to wait it out. Your lack of confidence — of knowledge — will make you pull the trigger on what could be the best investment of your life.

Learn as much as you can about crypto before investing any money into it. This game isn’t for the faint of heart. You have to believe in what you’re getting into, or else you might burn a hole in your pocket.

WHAT JUST HAPPENED THIS WEEK IN WALL STREET IS THE MOST BULLISH THING FOR BITCOIN.  REALIZE THIS NOW, folks.  

January 2021 position on the Fed/Deep State: https://twitter.com/TetotRemi/status/1353659629708976131

2020 was when the criminals in the Deep State made their moves. 2021 is when the people counter those moves by forcing decentralized blockchains down the Deep State’s throat.

They can only control us because we use their currency. We can opt out using the people’s currency = BTC.

The early Bitcoiners you call lucky actually had 3 things:

1. Curiosity: That’s why they found BTC before you.

2. Intelligence: That’s why they grasped BTC before you.

3. GUTS: That’s why they bought BTC before you.

If you still don’t own BTC, you lack at least one of those attributes.