In the long term, we are not all dead, as Keynes said, but all fiat is worthless.
I find it amusing how there's a sellout after each such an announcement, only for traders to look for the bottom and to buy back in with a little bit of extra profit. They will need to be invested in the long run anyway.
They are trying to save a sinking ship (ie USD).
In the long term, we are not all dead, as Keynes said, but all fiat is worthless.
I find it amusing how there's a sellout after each such an announcement, only for traders to look for the bottom and to buy back in with a little bit of extra profit. They will need to be invested in the long run anyway.
Because fiat is a scam.