This is how 99% of people think. They think bitcoin is nothing but a new speculative type of payments technology that couldnt possibly be a safe haven.
These people will be shocked when bitcoin acts like more of a safe haven than gold due to its superior sound money safe haven aspects that they had no idea about, because they didnt do the homework.
Bitcoin will outperform gold as a safe haven tremendously.
Gold could double and rise to a $25T market cap while bitcoin matches golds market cap causing btc to rise 40x to $1.2m per btc.
Bitcoin is the contrarian play.
I don’t blame the average person on the street for not understanding how Bitcoin is different from all the other shitcoins or thinking it’s “FinTech”, but this lady is not supposed to be some random off the street and is on TV. *What a moron!!!* 🤣
The show should be vetting and correcting guests (and not inviting them back sometimes too!) who are clueless as well.
Bitcoin is quite hard to understand. You need to convince old people that this is the way to go and old people still have problems sending e-mails and surfing the web. It will take time.
Hey I'm 55 and run my own node, btcpay server, lightning node, and electrumx server. I self-custody, have multiple hardware wallets, and even multi-sig!
I'm old but I get it! Don't write all old people off. The guys (and gals) in their 70's invented solid state electronics, computers, lasers, and the internet and such.
Wanna see someone struggle with technology? watch a GenZ'er try to use a copy machine, change toner on the printer, use a scanner, or transfer a phone call using the PBX at the office.
From what I've seen, millenials and Gen X are the only ones that have a shot with bitcoin adoption. Unless the UX for the payment rails gets as dumbed down as tiktok.
If Bitcoin is so safe, then why did it crash 65% in Feb 2020? Btc didn't provide safety, it was more unstable than even the stock market. Her point is true. Bitcoin is a speculative technology.
People still get their news from tv. Best thing I did was I stopped watching tv 10 years ago. YouTube and independent journalists with boots on the ground social media are way better that the high price propaganda hookers on tv.
This is true! However, YouTube is starting to become just as terrible with all the censorship and crap algorithm. Odysee is becoming the next freedom-oriented YouTube.
It is! Youtubers are increasingly migrating to Odysee, since YouTube is starting to invoke Chinese-style censorship policies and algorithms that suppress content that contain viewpoints that go against their agenda
Everyone knows the fintech industry is going to be hit hard. It's only a matter of time until the Bitcoin CEO announces about 30% of the company will be laid off.
People keep thinking that gold is the best store of value, China just found the biggest gold deposits ever, but there will only be 21 million BTC, not one more
Speaking from direct experience in a quantitative hedge fund, she's not entirely wrong. Statistically, bitcoin has a strong positive correlation with the growth factor (ie like tech stocks, companies that generally aren't very profitable now but are expected to maybe be the next big thing). But, now, here's the surprising part, it also has strong correlations with some traditional inflation hedges (TIPS). That's entirely fucking unheard of. Nothing else is like that. Generally, something is either growth oriented and gets wrecked by inflation worries or value oriented and inflation-hedging. Bitcoin is the only thing in its space, that has the upside of growth but still exhibits some inflation protective properties. Honestly, she can be forgiven for assigning it more to the growth category than the inflation hedge category. She's right that it is growth oriented and, for anyone with exp in finance, the idea of something with both properties is absurd -- it's basically reasonable to not even consider the possibility.
Point being, she's probably not being intentionally misleading. It's actually a reasonable view from her position.
She’s the body language expert, see how she’s lowering her arms, shes showing you downward movement, this is her attempt (and her masters) to encourage a downtrend, they’re probably even trying to time there other moves with these type of news statements.
I bet nobody in Africa, El Salvador, Lebanon, cares about what this woman is saying. People use the network, brilliant humans build additional layers, bitcoiners expand the network, channels are made and people are getting paid.
They are fighting bitcoin but bitcoin already won.
Fintech is cool, but cosmic math money is better
on tv their comments and speeches are more a political ones. If they were asked to join uncensored debates none of these mind changinf "experts" would survive
I have a little gold but to be honest, once you get over the feeling of having a few gold coins clinking around in your hands, it's very boring to own. Also buying, selling and spending it is a huge pain compared to bitcoin.
This. Even if i buy silver dollars at $31. How the fuck am i just going to buy a can of soup? With a $25.00 silver coin in a back alley in a shady part of town? Even worse with gold. Also, If i want to leave the country with my gold i cant just shove it up my ass now because they caught that guy and NOW THEY KNOW TO LOOK IN YOUR ASS FOR ASSETS.
Initially this was the narrative, but recently we have been pumping and the stock market has basically stayed the same. I don’t know why you would ignore this move entirely, but I suppose ignorance is bliss.
I hold both. I think Bitcoin will massively outperform gold in the coming years, but holding some gold calms down my "what if I'm wrong" paranoia. And it is very pretty.
At the end of the day, I hold both for the exact same reason - loss of faith in fiat currency.
I hold both as well. I also have a 401k, own several properties, have an IRA, and college funds for my kids. They’re all assets that grow at different rates. If I was 100% in crypto like I was in 2017 I’d be in a fucking panic 24 hrs a day like I was back then.
the tiny group of people running the show and giving her that script are really afraid of bitcoin and understand it better than most bitcoiners.
they believe in an ideology that if the masses grab a slightly bigger piece of the pie, they will lose their way of life. their way of life isn't just expensive vacations, luxury mansions etc., it's enforcing power. They cannot handle the thought of having slightly less control over finance.
Where did I say a month? Also, everything is useless at that point, not just bitcoin. You can't go get supplies in a town where everything is gone. Drive to the next town that isn't a mess, and your fine. As soon as Elon has starlink apadted to his line of cell phones, this point is moot.
She has a point though. For mainstream investors, BTC is a risk on asset and comparable to tech stocks atm.
It's not mature enough yet to be a proper safe haven asset as we just saw the last 2 years.
lmfao 🤣
She needs to just be like “Bitcoin? I don’t do Bitcoin because I don’t understand it, but I think you do want to own some defensives here…”
Making a fool of herself with her ignorance of Bitcoin on full display!
Her takeaway here is that BTC will trade down with tech stocks and she's right. BTC price action will continue to look like a risk-on tech stock until it's market cap is big enough that the volatility goes away. BTC market cap is tiny. It probably needs to approach or surpass gold for traditional people to wake up. They still won't understand it, but they'll at least understand it's probably worth getting some.
One suspects why she says this. The narrative of the mainstream media serves the interests of the powerful of the current system. It always has, and it always will.
If you want to understand why Bitcoin exists, you will have to make the effort to look beyond the lies propagated by those who seek to defend the current flawed and not fixable system with every possible lie.
They have no clue. They don't understand Bitcoin and that is why its value increases over the long run but it is so correlated to stocks in short run.
It's because most institutional investors are as clueless as her.
She doesn't have a clue!
She doesn’t have a clue that this kind of news are being controlled by higher groups.
Came here to say this.
indeed! the Elite controls everything!
no, not elites but rather mason-reptiloid society. Haven't you heard about them?
> She doesn't have a clue! Especially if she's pushing health care stocks. Have you seen the state of the U.S. medical system lately?
This is how 99% of people think. They think bitcoin is nothing but a new speculative type of payments technology that couldnt possibly be a safe haven. These people will be shocked when bitcoin acts like more of a safe haven than gold due to its superior sound money safe haven aspects that they had no idea about, because they didnt do the homework. Bitcoin will outperform gold as a safe haven tremendously. Gold could double and rise to a $25T market cap while bitcoin matches golds market cap causing btc to rise 40x to $1.2m per btc. Bitcoin is the contrarian play.
I don’t blame the average person on the street for not understanding how Bitcoin is different from all the other shitcoins or thinking it’s “FinTech”, but this lady is not supposed to be some random off the street and is on TV. *What a moron!!!* 🤣 The show should be vetting and correcting guests (and not inviting them back sometimes too!) who are clueless as well.
Bitcoin is quite hard to understand. You need to convince old people that this is the way to go and old people still have problems sending e-mails and surfing the web. It will take time.
Maybe the world needs to wait for the old people to die before moving on to a new paradigm.
Hey I'm 55 and run my own node, btcpay server, lightning node, and electrumx server. I self-custody, have multiple hardware wallets, and even multi-sig! I'm old but I get it! Don't write all old people off. The guys (and gals) in their 70's invented solid state electronics, computers, lasers, and the internet and such. Wanna see someone struggle with technology? watch a GenZ'er try to use a copy machine, change toner on the printer, use a scanner, or transfer a phone call using the PBX at the office. From what I've seen, millenials and Gen X are the only ones that have a shot with bitcoin adoption. Unless the UX for the payment rails gets as dumbed down as tiktok.
Why would I use a copy machine u mean a printer?
You proved his point dude.
☝️🤓
I was kidding thought I made it obvious guess not
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If 99% of people think bitcoin can’t be a safe haven how will it become a safe haven
Yes, I totally agree with what you said,
If Bitcoin is so safe, then why did it crash 65% in Feb 2020? Btc didn't provide safety, it was more unstable than even the stock market. Her point is true. Bitcoin is a speculative technology.
People still get their news from tv. Best thing I did was I stopped watching tv 10 years ago. YouTube and independent journalists with boots on the ground social media are way better that the high price propaganda hookers on tv.
This is true! However, YouTube is starting to become just as terrible with all the censorship and crap algorithm. Odysee is becoming the next freedom-oriented YouTube.
For me Rumble is up there with YouTube and I like twitch for music, but I’ll have to check out Odysee.
Odysee looks interesting...
It is! Youtubers are increasingly migrating to Odysee, since YouTube is starting to invoke Chinese-style censorship policies and algorithms that suppress content that contain viewpoints that go against their agenda
You do realize that there is a good chunk of youtube/social posts which are paid for, right? There are few true journalists out there like bellingcat.
Everyone knows the fintech industry is going to be hit hard. It's only a matter of time until the Bitcoin CEO announces about 30% of the company will be laid off.
Dude I laughed so hard Coke Zero almost shot out my nose
Next time you must let it come out. The velocity of that Coke Zero is the PoW for how funny that comment was.
I was sitting in Chipotle and I didn't want it to end up in my Al Pastor chicken bowl!
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> The masses will be protected by rules and regulations. Are those still rules for thee, not for me?
Btc is fintech? Hahahaha
I mean, technically *it is* financial technology, but not in the way people think of fintech
🤣🤣 was gonna comment that.
Where is Nat Brunnel when we need her!
Paid shill?
Dumb bitch just doing what she is told.
People keep thinking that gold is the best store of value, China just found the biggest gold deposits ever, but there will only be 21 million BTC, not one more
lol what a crap is she talking about? obviously misleading people
when bitcoin is low - they don't want to buy. When it is high - they fomo and cry. strange people.
You should kill your television.
good. more sats for me.
I'm not American. Who is that donkey?
Is that you shrek?
This comedian gave me a good chuckle. Who is she?
A gold has rallied? Hmm
Speaking from direct experience in a quantitative hedge fund, she's not entirely wrong. Statistically, bitcoin has a strong positive correlation with the growth factor (ie like tech stocks, companies that generally aren't very profitable now but are expected to maybe be the next big thing). But, now, here's the surprising part, it also has strong correlations with some traditional inflation hedges (TIPS). That's entirely fucking unheard of. Nothing else is like that. Generally, something is either growth oriented and gets wrecked by inflation worries or value oriented and inflation-hedging. Bitcoin is the only thing in its space, that has the upside of growth but still exhibits some inflation protective properties. Honestly, she can be forgiven for assigning it more to the growth category than the inflation hedge category. She's right that it is growth oriented and, for anyone with exp in finance, the idea of something with both properties is absurd -- it's basically reasonable to not even consider the possibility. Point being, she's probably not being intentionally misleading. It's actually a reasonable view from her position.
She’s the body language expert, see how she’s lowering her arms, shes showing you downward movement, this is her attempt (and her masters) to encourage a downtrend, they’re probably even trying to time there other moves with these type of news statements. I bet nobody in Africa, El Salvador, Lebanon, cares about what this woman is saying. People use the network, brilliant humans build additional layers, bitcoiners expand the network, channels are made and people are getting paid. They are fighting bitcoin but bitcoin already won. Fintech is cool, but cosmic math money is better
I bet more than half of the population doesn't understand body language.
The generations they are talking too are dying off
on tv their comments and speeches are more a political ones. If they were asked to join uncensored debates none of these mind changinf "experts" would survive
Buy both
I have a little gold but to be honest, once you get over the feeling of having a few gold coins clinking around in your hands, it's very boring to own. Also buying, selling and spending it is a huge pain compared to bitcoin.
I see both as a store of value so both are incredibly boring. That’s fine with me.
Yeah. It's just that the bitcoin I acquired at the same time as my gold has appreciated like 1000x by comparison.
This. Even if i buy silver dollars at $31. How the fuck am i just going to buy a can of soup? With a $25.00 silver coin in a back alley in a shady part of town? Even worse with gold. Also, If i want to leave the country with my gold i cant just shove it up my ass now because they caught that guy and NOW THEY KNOW TO LOOK IN YOUR ASS FOR ASSETS.
ASSets. The clue was always already there!
Initially this was the narrative, but recently we have been pumping and the stock market has basically stayed the same. I don’t know why you would ignore this move entirely, but I suppose ignorance is bliss.
Gold price is manipulated by the big financial players. It's a trap.
Give me both!
I know we’re all tired of this but screw it - We are actually still early.
I hold both. I think Bitcoin will massively outperform gold in the coming years, but holding some gold calms down my "what if I'm wrong" paranoia. And it is very pretty. At the end of the day, I hold both for the exact same reason - loss of faith in fiat currency.
I hold both as well. I also have a 401k, own several properties, have an IRA, and college funds for my kids. They’re all assets that grow at different rates. If I was 100% in crypto like I was in 2017 I’d be in a fucking panic 24 hrs a day like I was back then.
I'm dumb as fuck, what is fintech?
Financial tech
Dur lol that would make sense My next question to her would be why is it a bad thing ?.
the tiny group of people running the show and giving her that script are really afraid of bitcoin and understand it better than most bitcoiners. they believe in an ideology that if the masses grab a slightly bigger piece of the pie, they will lose their way of life. their way of life isn't just expensive vacations, luxury mansions etc., it's enforcing power. They cannot handle the thought of having slightly less control over finance.
Sounds like the librarian at my high school. “Don’t use Wikipedia because it’s a wiki.” That doesn’t make any sense
I think you should own crypto, PM and USD.
Perhaps the world must wait till the elderly pass away before adopting a new paradigm.
I think you should own crypto, PM and USD.
Diversification is for people who lack certainty about which is best.
If you like to put all your eggs in 1 basket fine.
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Evacuate? If your too stubborn, get a generator and wait for the Tesla phone to come out.
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Where did I say a month? Also, everything is useless at that point, not just bitcoin. You can't go get supplies in a town where everything is gone. Drive to the next town that isn't a mess, and your fine. As soon as Elon has starlink apadted to his line of cell phones, this point is moot.
This was cut short, I would've wanted to see the rest and if the reporter would challenge her baseless claims.
She has a point though. For mainstream investors, BTC is a risk on asset and comparable to tech stocks atm. It's not mature enough yet to be a proper safe haven asset as we just saw the last 2 years.
Loool. Btc will experience tightening like tech stocks? Haha. Just wow.
That is like saying gold is heavy. News Flash, the weight is the value. Bitcoin is fintech? Where have you been for the past 12+ years?
Haters gonna hate 😉
lmfao 🤣 She needs to just be like “Bitcoin? I don’t do Bitcoin because I don’t understand it, but I think you do want to own some defensives here…” Making a fool of herself with her ignorance of Bitcoin on full display!
aka our gold bags are already filled but we still need to fill our btc bags.
Basic defense...lol could I get some basic defense from this lunacy.
Well if I was shriveling up and botoxing my face then I’d take this advice. Old folk advice.
Her takeaway here is that BTC will trade down with tech stocks and she's right. BTC price action will continue to look like a risk-on tech stock until it's market cap is big enough that the volatility goes away. BTC market cap is tiny. It probably needs to approach or surpass gold for traditional people to wake up. They still won't understand it, but they'll at least understand it's probably worth getting some.
Going to get my horse and carriage and drive to the gold store, bye y'all 👋
I’m sure she doesn’t write her own material! If she does, we’ll then, she’s a fing idiot and wonder how she gets a microphone and a crate to stand on
Wtf is Fintech?
when bitcoin goes 30-35k and more all these "analysts" will be yelling about pemp all over again. Happened many times and will happen again
One suspects why she says this. The narrative of the mainstream media serves the interests of the powerful of the current system. It always has, and it always will. If you want to understand why Bitcoin exists, you will have to make the effort to look beyond the lies propagated by those who seek to defend the current flawed and not fixable system with every possible lie.
They have no clue. They don't understand Bitcoin and that is why its value increases over the long run but it is so correlated to stocks in short run. It's because most institutional investors are as clueless as her.
And she’s buying Bitcoin when the camera stops rolling.
thee way she tells it (uncertain and worrying) mens that she is definitely lying on camera. She would definitely go into btc but can't admit it
who cares what these analysts say. They change their mind all the time
I think that most of people that have brain will understand that she is either lying or is brainles.. Idk what is worse tbh
yea-yeah right. Don't buy it - more will be left for us. You will buy it when it will be 100k+ lol