RE: If Stocks Aren't Allowed To Fail, How Can You Say Bitcoin Will?

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I have been seeing some trippy things out there. Guys who have been in crypto for a long time liquidating motorcycles and other stuff to get more money into crypto now. Crazy stuff.



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I feel as if there is this subconscious feeling that we're all realising that currency is becoming useless and we need to get out, people are realising it may be not on a conscious level like some of us, but they are buying assets or consuming anything with their money because they feel the value they holding is being destroyed so why keep hold of it

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Yeah I think that is the case but in general in the United States the mass majority of people are operating at a financial redline. Everything is about making payments..... people are super leveraged out so as soon as any money comes in they spend it.

Plus they hand out new cars here like they are Halloween candy. guys like us don't qualify though. We are considered degenerates in most social circles ..... lol

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I think that is scary, if so many people are living on the fringes and jobs are the only thing that keeps this thing going as jobs erode all these people become workers of the state, indirectly, directly or by some program. The more state income people get the weaker the currency becomes, I guess that's what they want in a sense.

LOL banks would look me over for a loan any day even though I have equity they'll rather take the guy with the solid pay cheque. Doesn't phase me much, that's a suckers bet

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