In this episode we go over the following current event stories surrounding Bitcoin and the greater macro environment:
For the episode listen here
Is Peter Schiff reputable or is he a market manipulator? According to this article - https://www.kitco.com/news/2022-08-11/Bitcoin-to-fall-to-below-10k-won-t-see-new-highs-again-Peter-Schiff.html - he’s dooming Bitcoin to $10k - never to see $69k again- and to take profits now as this pump is considered a “suckers pump”. Has he done this before? Thanks in advance!
Everyone in here is screaming the bear market is over, but im seeing whats going on in china and getting a little worried. There in for a gigantic housing bubble crash, record default rates and all of the companies are reporting losses. Also there is a chance of bank run and the government announced they will be only compensating a maximum of 15k to the costumers of one of the biggest banks who is being investigated for ties with organized crime. Also the high probability they will start a war with taiwan so people will focus more on the war than the downturning economy, just like Putin did.
Just my 2 cents, i know nothing about nothing.
