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The BTC thread: When you need some answers, love, advice, or friendship......come here.

Discussion in 'The Kruse Longevity Center' started by Jack Kruse, Jan 3, 2021.

  1. Jack Kruse

    Jack Kruse Administrator

    ^^^^ his old party hates he is spreading freedom
    Janek, caroline, GavinH and 1 other person like this.
  2. EWO

    EWO Eyes Wide Open

    One of the issues that came out of my conversation with the gentleman from ES is that he is only looking at the short term without understanding how btc can be used as a very effective savings mechanism and to offset the unfolding global economic crash. There is an opportunity--and I understand Bitcoin Beach to be doing it at some level--to educate.
    caroline and GavinH like this.
  3. this appears to be inline with What uncle jack warned us coming down the pike.
  4. ... they lay the foundation for wealth tax
    John Schumacher likes this.
  5. Sara S

    Sara S New Member

    GavinH, John Schumacher and ND Hauf like this.
  6. In @Jack Kruse post - https://forum.jackkruse.com/index.p...vergrande-101-windex-for-the-glass-eyes.26444
    He reports: "Evergrande damage control PBOC injected ¥90B ($13.9B) of funds on a net basis via 7-day & 14-day reverse repurchase agreements last Friday, this is the most since February & first time this month that authorities added >¥10B of short-term liquidity into the banking system in a day."

    My question is:
    Why would the People’s Bank of China have an interest in keeping China Evergrande from failure?
    We think we know why USA has done it…
    If as @Jack Kruse states, "Evergrande wave of debt would easily be able to knock over the CDS spreads and bond markets in the USA."
    Than wouldn't it be in the interest of the CCP to help push the US bond markets over the edge?
    If as @Jack Kruse states, "If you can can engineer a debt wave to hit just at the right time in the USA you might make DYX go to the moon and facilitate a rapid US credit crisis when the economy is most vulnerable and you can complete your 100 year plan."
    How is a shoring of Evergrande debt liability rapidly push US credit crisis?
    Do "we" (US econ journalist) think the CCP is motivated in similar ways as "we" are?

    In a CCP economy, when does debt ever "have to be reconciled?"
    Last edited: Sep 17, 2021
    GavinH likes this.
  7. DLO

    DLO StarFish

    N.dakota is fed free
  8. JanSz

    JanSz Gold

    Evergrande is China's biggest real estate player. It is on the brink of bankruptcy. Evergrande is short on cash and has liabilities worth over $300 billion. Will China export a financial crisis, after a pandemic? Palki Sharma tells you why the world needs to worry.
  9. As the Chinese financial expert stated, “the situation is stable”.
    Not to be critical; however, Deception is a CCP virtue. It is an attribute of the gods. The ability to deceive.
    If "Capitalism goes to hell", the CCP could shore up the flooded rivers of debt for its people while blaming the US and its influence.
    Last edited: Sep 17, 2021
    Sean Waters and JanSz like this.
  10. JanSz

    JanSz Gold

    while anyone can make money, the hard part is getting others to accept it

    GavinH and John Schumacher like this.
  11. It's easy when you control the supply.
  12. JanSz

    JanSz Gold

  13. Jack Kruse

    Jack Kruse Administrator

    Bitcoin doesn’t consume energy. Bitcoin transforms energy like a mitochondrion does for cells

    Energy is not destroyed nor consumed.

    It’s merely converted into potential monetary energy for use over space and time

    The bitcoin network is a monetary battery — natively digital and incredibly efficient

    Bitcoin treats learned helplessness.
  14. Richard Watson

    Richard Watson New Member

    GavinH likes this.
  15. JanSz

    JanSz Gold

    Bitcoin treats learned helplessness.
  16. JanSz

    JanSz Gold

  17. JanSz

    JanSz Gold

  18. ND Hauf

    ND Hauf Pleb

  19. Thank you Dr. @Jack Kruse for your post https://forum.jackkruse.com/index.p...-thesis-hyperinflation-is-close.25623/page-28

    Underscoring - Pharmaceutical profiteering and the world’s 25 richest individuals are now worth $1.7 trillion, an additional +$312 Billion in only less than a year.
    The Hitchiker's Guide to the Galaxy - Thanks for all the Fish


    Thanks for all the fish


    How The Covid-19 Vaccine Injected Billions Into Big Pharma—And Made Its Executives Very Rich

    Last edited: Sep 21, 2021
    GavinH likes this.
  20. Jack Kruse

    Jack Kruse Administrator

    Government officials (Gensler) whose jobs exist solely for the purpose of regulating intermediaries don't like the concept of a decentralized, intermediary-free financial system. In other news, water is wet.

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