2/ and another absolute zero-hedging, zero room for doubt factual claim: "this signals the beginning of hyper inflation" ...all while interest rates are nearly zero.https://twitter.com/untappedgrowth/status/1291034240491098113 …
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3/ I'm not claiming that hyperinflation is impossible. Sure, anything is possible. You can gauge the risk of it by looking at how people are betting in the marketplace. Right now the risk of hyperinflation is very very low. ...and it's certainly not absolutely here already.
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4/ People like confidence. ...which means that confidence, even mistaken confidence, is incentivized. Few people tweet "really, we have no idea how this will play out". Many people tweet "Trump will absolutely win/lose in November".
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5/ capital flight TO WHERE? right now there is capital flight INTO the US, as there is in every global recessionhttps://twitter.com/untappedgrowth/status/1291043528865452032 …
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6/ here is a graph of capital flows in/out of the US does this look like capital flight? https://www.cfr.org/blog/mapping-capital-flows-us-over-last-thirty-years …pic.twitter.com/EMtFP9g6LY
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7/ if your claim is "Bitcoin volume is up", sure, I accept that. But the claim was "hyperinflation [ of the US Dollar ] is beginning". Entirely different statement.https://twitter.com/kerooke/status/1290623151609651200 …
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I'm super curious how many are buying in preparation to pay off ransoms for cryptolocker and the like.
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I say this because that's realistically been a decent sized issue when the organizations that I've worked with after they have been hit have decided to pay the ransom; where to buy the BTC quickly?
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