That quote is from her recent appearance on The Last American Vagabond in reference to GameStonk.
Current events like GameStonk, the Capitol Riot, Antifa/BLM riots, COVID19, can make you feel like you should participate. Like a moth to a porch light, these events compel you to act, either by financial incentives, a thirst for justice, or community obligations.
It's important to be cautious when these things happen. The Powers That Be have gotten really good at manipulation. They have really flexed in the past few years, and honestly, it's impressive. They're terrifyingly powerful now.
This is just a reminder to think things through before acting. Question whether or not you have been manipulated. Godspeed!
I'm going to start a few seeds today. This year I'm going to slim down a little. I'll probably grow potatoes, corn, peanuts, watermelon, squash, okra, carrots, sweet potatoes, peas, beans, tomatoes, and peppers. I have a pretty good compost pile now. It should be a good year.
I guess I'm just virtue signaling, but you never know. Some extra food might come in handy this year.
This is a really difficult one for me to read. I don't know if it's tulipmania or an amazing new way of storing wealth.
There is definitely utility in blockchain technology. With bitcoin, the utility is that there a lot of people that believe it has value. It's also able to circumvent regulations.
How many people will purchase bitcoin in the future? How much will they spend? I wouldn't think a billion people would use bitcoin, but a few hundred million is believable.
Global GDP in 2030 ~ $100 trillion
Global population in 2030 ~ $8.5 billion
Average wealth per person, per year, in 2030 ~ $100 trillion/ 8.5 billion = $14285.71
Number of bitcoins in circulation in 2030 ~ 20 million
Currently, around .5% of the world's GDP is bitcoin. If this were to double by 2030, the price of bitcoin would be ~ $50,000. ($1 trillion / 20 million =$50 000) I think it's probably more reasonable to assume at least 2% of the global wealth will be using bitcoin by 2030, making the price of a single bitcoin to be ~$100,000
Of course, governments and banking cartels could wage war on the technology, which would most certainly have an impact on its value.
I honestly don't think they will do anything. They may try in the US, but the rest of the world still exists.
One thing that is difficult to predict is the number of bitcoins that are lost over time. This study found only around 20 million bitcoin addresses had more than $1. This means there are a lot of bitcoin addresses that have a large number of coins in them. Just a few days ago I heard about a guy who lost the password to account worth hundreds of millions of dollars. This would only increase the potential value of bitcoin in the future.
For these reasons, I see bitcoin as a valuable asset with incredible potential over the next decade. But it could collapse tomorrow. I really don't know.
Check out the money supply charts.
Velocity of money
I guess that's why bitcoin and gold/silver are doing so well. I don't know how long they can continue the Ponzi scheme. Spending to GDP will reach 35% in 2024.
We will almost certainly see a new currency in the next decade. Prepare yourself accordingly.
Currently, the technology can be summarized as a tattoo that acts as a touchpad for a connected device. In the future, when big tech develops a sentient Artificial General Intelligence, the SkinMark could be beneficial as a method of creating social cohesion among citizens of the world.
At first, it will be hard to convince people to hand over their governments to a machine. If all corporations required the SkinMark technology, people would have no choice. All you would have to do is require people to say an oath and sign a contract before the SkinMark is given to them.
This will get everyone on board with the new utopia created by AI. When the AI finishes developing the new Universe, the SkinMark technology can be used as a means of transporting the soul to the new and improved Universe.