원문 보기
oh we are pre-recorded ladies and gentleman I know it's been a while one of the things I'm going to go over today is probably not what you think it's not about pick one it's about the traditional markets and I have long said I thought that the S&P 500 would probably continue to rise and lo and behold we have a beautiful run-up now into the 309 points are around 30 90 for those of you who are on the traditional markets but on the S&P 500 the momentum upwards as I have for the last three years that would continue is basically in my opinion coming from the degradation of the dollar itself when you understand the business is the only real driving force of value on this planet what good is money it's a question I have long asked myself peer to peer money is great when you can make peer-to-peer transactions but why do people make transactions it's because they need a product or a service and this is what business fundamentally implies it does for one and the other it brings a value to the community through the goods and services that it provides that's why you need money is to be able to acquire these goods and services whether it's property cold silver maybe you need a new set of towels it's unimportant what particular products and service you need so the current rise in the S&P 500 in my opinion will continue as I do not believe the average person for the next few years is going to figure out that the dollar is actually degrading at a very very rapid rate one of the things that I think is important here to understand is in the AV crypto space markets a lot of us are interested in the death of the dollar and that's an important feature because a Bitcoin is not a hedge against the collapse of the stock market it's a hedge against the collapse of the hegemony inside of the US dollar and what that means in short is the essential function of currency itself is to drive velocity into economy so that we can take advantage of the goods and services again that we want from the profitable and equitable areas of business that we all like and love us so much whether it's your iPhone your computer a new t-shirt yeah buy an arcane bear t-shirt sign up for a private newsletter an important point here is I've also thought that the only way this would ever collapse is when inflation starts to hit the average everyday person and they can no longer afford food and housing and that has been happening more and more frequently the student debt all these bonds and derivatives in the background have just been exploding but the average person has no real exposure to those things let alone understand the rather innate complexities to exist inside this ecosystem so if they don't know when does that break and that's always been the question I've had is when will it break that's what we all ask ourselves is when is this system going to break and with the S&P 500 currently sitting at new highs and continuing to drive higher I'm starting to lean more and more to this idea that we may not see a traditional collapse as we might thought until the average person will not stand for their inability to buy goods and services any longer if the prices of these companies keep rising and the value of the dollar keeps falling not that it is at the current moment but I'm assuming that this money printing scheme will come to an end at some point but its terminal velocity or escape velocity I forget which one it is in the physics world itself might be a lot higher than we had ever anticipated and because of that bitcoin is still an asset that sits inside of the general mindset of the I guess intelligent investor I barely firmly believe that bitcoin is going to run up quite high over the next few months into may 20 2008 of the price going up after the happening I think it's going to come down generally when we know this far in advance that we think that something like that's going to happen in the markets it's the opposite that comes to light in the fruition so I know that generally well first off I want to apologize for not producing more videos it's been a while I've been in Singapore I'm building a new company I've been working fairly diligently on the things I love providing as much value as humanly possible to the disenfranchised the personalized and the people that have pushed down at the bottom because that's who needs it as we grow and those are the people in my opinion that got me out and off of the side of the jungle because when I was feeling great doing all my own things I could feel the irks and pains of our world because we are all one it's a hard maybe philosophical spiritual concept to integrate into one's life unless you have a lot of practice in that sector but that's what I've been feeling and that's why I started building that's why I started working in these spaces is to communicate to you guys as much value as possible so I do apologize that I wasn't here but with this current revelation we might have another few years ahead of us this might go a lot further than any of us thought I remember taking out a way out of the money options on the stock market in 2016 thinking all of this is done we're done here it's not going any further but it didn't end there no they just kept printing money they just kept running this system and the average person can still afford to play the game in fact that trickle-down effect is making a difference you receive people just giving away money right and more and more so the blockchain is going to help answer some of these problems in the world of let's call it sustainable universal income where you're getting provided the value for the data that you preserve from a facebook Instagram all these companies that are basically selling you and your content to others I don't think that will continue I believe the average person won't get upset about that and then you'll be able to be monetizing the work and the things that you share on the Internet at large you might even be able to get paid for almost all the traffic searching you do you see things like brave browser providing this type of idea really really proving the point but the again the underlying sentiment here is what breaks the camel's back and that straw in my mind is the moment that the average person in the United States of America can no longer afford the goods and services that they run on their everyday life from and this has been noticeable houses aren't more expensive they just appear more expensive because the dollar has lost so much value since the 1960's alone if you compare it to a silver ounce of gold which is what one dollar used to be you're looking at approximately sixteen dollars which is around sixteen hundred percent or 16 times inflation these are massive numbers that have been hidden totally from the average mind of the average person because they're not that focus studied or invested in understanding these problems so today seeing the sp500 at all new highs gives me somewhat of a nice feeling because it means well first off we were justified in our a cetacean it's just over the last two years it's nice to be right although I don't expect that I'm right it's just by happenstance that quite often we get we could say I got lucky again I believe the real crux of the problem here is how much further can this go and since 2016 when I thought we were we were done it's not going any further this is they can't print any more money they proved me wrong and I would prove wrong year after year since then only until I changed my assert a ssin which is that these markets will continue to rise until the average person can no longer afford the basic life that they live and that my dear friends is when people will stand up and they will not allow what is going on to happen anymore whether they understand it or not they will fight for their right to survive and that's basically what we're looking at it's not gonna be pleasant we see the downfalls and the pitfalls places like Chile Venezuela Turkey Africa Argentina they've been exploding and the reason they've been exploding is because those people can no longer afford to survive and that is the crux of what I think will break the camel's back that is the final straw but until then maybe even many years down the road these markets are going to continue to go up in my opinion how much higher I'm not sure how much longer I could not say I ask the average person how they're feeling ask them if they can afford to the food to survive or the rent and to keep the shelter over their head this is Tod arcane bear reminding you all to be very grateful every and that you have even your problems because one day we won't have those two and every step further that I've made it I've realized that these obstacles are opportunities to make ourselves stronger and more compassionate for what we believe in the steel for the arcane bear I won't be signing off for the rest today remember to give us those thumbs up ladies and gentlemen again I know I've been away for a little while I apologize I went back more consistently here in Singapore I've been hanging out with lark dad a - you guys are fantastic I have found new friends and family in this community and I am very deeply grateful for the world of blockchain and Bitcoin so if you happened to be around the Singapore conferences today make sure you drop in you say hello to old mr.
taeho bear I think I'll be wearing my bright and beautiful taeho bear t-shirt today and I'm signing off and we'll see you God is on the side
댓글 0