Jan 27, 2021

GameStop: The Only People Who Will Walk Away With Any Real Winnings

Attention Bitcoin HODLers: The only people who will walk away with any real winnings from the GameStop (GME) short-squeeze will be those smart enough to sell. 

Those who HODL will likely loose it all. 

Bitcoin HODLers will meet the same fate if they fail to realize their paper profits.

Jan 26, 2021

The Greatest Transfer Of Wealth In History

Bitcoin proponents claim that Bitcoin represents the greatest transfer of wealth in history. I partially agree. Not sure it's the greatest but a large wealth transfer is taking place. But the wealth is being transferred from the people who buy Bitcoin to the people who sell it.

Gold Is Wealth, Bitcoin Is Not

Losing the private key to your Bitcoin wallet is not the same thing as forgetting where you buried your gold. When gold is lost the world loses something -- the potential use of that gold as a metal. When Bitcoin is lost the world loses nothing. Gold is wealth. Bitcoin is not.

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