True story.
How the US defaulted on its debts and why the stock market went up | Ray Dalio posted on the topic | LinkedIn
When I was a young clerk on the floor of the New York Stock Exchange in 1971, the US ran out of money and defaulted on its debts. Now, they didn’t say it that way. But by moving away from the gold standard — the idea that people could exchange paper dollars for gold — money, as we understood i…
Here’s a quick (3-minute) video on how Bitcoin works.
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If you haven’t read any books about Bitcoin, we recommend The Little Bitcoin Book – https://a.co/d/08O4jwP9 – At only 99 pages, it’s a quick and helpful read.
https://www.linkedin.com/posts/jasonweed_if-you-havent-read-any-books-about-bitcoin-ugcPost-7427023264721465344-Dwd6?utm_source=share&utm_medium=member_desktop&rcm=ACoAAALDW6EBxX9gfPpNXLohpzgrZ6QndXsOHAE/
Bitcoin food for thought…
Last cycle, it took 72 days to get from the peak to the bull run 50%.
This cycle it’s taken 122 days from the peak to 50%.
Just something to think about./
