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Mo₿erg 'Mo' 𐤊
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What if the US plans to use
bitcoin
to substitute the role of gold for central banks? I can't quite put my finger on how they plan to do it, but I feel like they're planning to do something akin while the rest of the world is buying gold.
#BTC
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Mo₿erg 'Mo' 𐤊
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All I want is a few weeks of up only. Is that too much to ask for after this seemingly forever chop and down?
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Took a position yesterday in $I / @indexy_xyz. I really like the terminal @Kaloh_nft is building and especially his philosophy laid out in this subpost: https://www.kaloh.xyz/p/the-new-wave-of-tokenized-apps
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The fact that Central Banks have been amassing more gold these past decades should tell you something. Some like Willem Middelkoop hint at a revaluation of gold prices to resolve the insane debt levels we have gotten ourselves into. It might be that, or something with bitbonds or possible a combination / different options around the world. Probably best to have exposure to both asset classes.
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It's honestly sad to see how a few individuals have hijacked the Kaspa debate under the guise of decentralizing the @KaspaCurrency account. Renaming it into Kaspa City, can it be more cringe? @ChadBallantyne did an amazing job and now one of the strongest marketing tools $KAS community had is getting self-sabotaged by some people who think they know it better. There's a saying: don't fix things that ain't broken. I have trimmed my $KAS bag in favor of increasing my $TAO bag. Although I do think Kaspa is the biggest technological innovation since bitcoin and it will do well long term, $TAO is the better bet at the moment and I would think for the remainder of this bull run. I will always hold onto some KAS and I'm probably going to get some hate for this, but it's drama after drama at the moment. First Shai undergoing a character assassination and now this nonsense with the account when we're already fighting an uphill battle marketing-wise. At the same time, institutional money flowing into Bittensor and big stuff happening all across the board.
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On day's like this it's clear that $BTC is not yet perceived as gold.
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