by Summary:
If things start turning bad, the dollar will give the signal. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
If things start turning bad, the dollar will give the signal. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
New Economics Foundation writes Is the Labour government delivering on its promises?
John Quiggin writes Dispensing with the US-centric financial system
New Economics Foundation writes Whose growth is it anyway?
Matias Vernengo writes What is heterodox economics?
| If things start turning bad, the dollar will give the signal.  |
We will have to see how BTC holds up during the global bust 2nd half 2025
Global bust?
next wave of inflation @@thisisyourcaptainspeaking2259
Bitcoin isn't replacing the dollar. It's replacing savings accounts, banks, and gold (demonetizing, not industrial use)
US Dollar stablecoins will replace the dollar and those are backed by treasuries. They exist because of Bitcoin and crypto and enable the dollar to be used easily worldwide, making the USA stronger
💯 agree with this
Just imagine the total crash of everything if people started to buy bitcoin instead of saving and investing and bitcoin crashes
@Watykaniak2007-2008 BTC did not exist…
Didn’t trump mention increasing drilling of oil in the inauguration
This Trump and crypto is just another give away for the wealthy. He going to increase the deficit and debt buying bitcoin, raising the price, so all the rich people that own the majority can cash out. Meanwhile Trump is going to make a killing on his version of the Hawk Tuah meme coin grift. The wealthy are just stripping this country of everything they can get like a stolen car in a chop shop. From privatization of everything, deindustrialization, financialization, to using the government to keep them going at our expense. It's Junk Economics and a scam. It's a fucking disgrace.
Bitcoin is good for store of value only. XRP coin is good for cross border 3 to 5 sec transaction of millions of dollars to reduce friction. Instant payments protocol, since existing debt based fiat dollar is unsustainable with the current transaction hence to move on XRP, XLM, etc. were to be adopted as a bridging currency which Ripple, US company is being touted as a leader.
@mohdpolaris3403 Store of value? No way – BTC is regarded as voilatile because its value fluctuates. Unlike money, BTC can plummet if something cause a sell off.
Don’t worry, Mike and his followers haven’t read the bitcoin white paper, haven’t read a single book on crypto. They’ve done zero research and don’t understand the technology and will be left behind just like people that ignored the Internet.
@@tinaryan4023 the dollar has lost 22% of its purchasing power in the last two years, tell me how bitcoin is volatile
@@tinaryan4023 I think BTC will act as a buffer for the elites tp keep their wealth while XRP and XLM will serve as a bridge meanwhile world haggling for goldbacked solution
Hello Mike. Can you comment on tarifs?
Scanners are red, lots of insider selling. I am staying away till water clears.
"Darker overtones!" Tell us more…😮
Not gonna happen. These digital coins are being used for money laundering
Thanks for the updates, Mike.
Crypto, I look at it as Private Money. Private money is nothing new. Banks used to issue their own currency. Coal mines used to Pay employees in script. I don't invest in crypto. I don't have to participate in every Financial opportunity. The man across the street from my house is speculating on a single family House/flip. I don't need to do that.
It looks like Trump has accepted campaign money from major crypto Influencers. I guess that he must repay the influencers in kind.
It seems to me, that the people who dislike the US dollar the most, are the People who are in deeply debt to the dollar.
From gold to black to digital gold. Seems these "monetary standards last around 50 years.
The US government needs "the illusion" of a standard for the national currency that's "finite"
7:28 I like Mark Cuban, but jeez… How ridiculous!
This dude is rambling. Monetary definitions have expanded relative to physical and virtual content. The beancounters have exhausted themselves. ETFs were created to bundle financial assets. Crypto, the next big idea has a similar taste. Our ability to account for "Real Assets" still eludes us. Science guys are attempting to map outer space. I cannot wait till it's time to monetize that. But wait. Aren't we talking about taking Greenland from Denmark?
Bitcoin has been around for over 10 years now. Mike still hasn’t read the white paper. His lack of research and education is showing…..
He is the same guy that said the Internet wouldn’t amount to anything …
BTC is just digital gold with a capped supply. The blockchain however, is a worldwide conduit for value and information transfers that are controlled and monitored thru "power in numbers" so to speak. Which is by default "Power to the masses" instead of the already powerful elitist. Don't be alarmed Mike! The kid's are alright.