Sound Money thoughts & insights...
Think for yourself...
Joined October 2019
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Sound Money B retweeted
The fiat maximalists think there is no chance that hyper inflation could ever happen to the US dollar.
They get really mad when you bring it up.
This belief is probably the single most mispriced risk in the entire financial system.
The definition of a black swan event.
Sound Money B retweeted
Deutsche Bank:
"The forces that have held the current fiat system
together now look fragile and they could unravel
in the 2020s. If so, that will start to lead to a
backlash against fiat money and demand for
alternative currencies, such as gold or crypto
could soar."
Sound Money B retweeted
Lots of people dream, but the most elite entrepreneurs plan and then ruthlessly execute.
Sound Money B retweeted
Wow! @Bakkt CEO Kelly Loeffler was just appointed by GA Gov. @BrianKempGA to the United States Senate. Who would have thought? coindesk.com/georgia-governo…
Sound Money B retweeted
BREAKING: France's central bank will launch tests on its own digital currency by next year.
Within a decade, governments, banks and corporations went from laughing at the idea of bitcoin to trying to imitate it.
That should blow your mind.
xitter.gq/AFP/status/12022411481…
#UPDATE "We want to start running experiments rapidly and will launch a call for projects before the end of the first quarter of 2020," said Bank of France governor Francois Villeroy de Galhau, as concern grows among governments over new currencies planned by Facebook and others.
Sound Money B retweeted
“Don’t worry, nothing to see here. Promise we’ll only do it this one time...” 🙄
Humans have no discipline. Every failed currency was debased away.
Humans literally can’t resist the temptation.
ft.com/content/b07f7354-1165…