Top crypto news of the week: Max Keizer seeing the price of Bitcoin at $ 28,000, the future of money and much more
Neither gold, nor the dollar, nor Bitcoin. The future of money is a return to the paleolithic
This literary gem not only reveals the genius of its attractive author (me) but also tells us a great truth. The world has changed a lot and the discourse cypherpunks used to handle in the 80s today is not enough anymore. We must upgrade. That vision of some bitcoiners that a ring will reign over everything is a vulgar utopia. Society is another and no longer tolerates totalitarian solutions. Whether we like it or not, postmodern society chooses mixed and varied solutions. The fragmentation is too much for the same shoe size for everyone.
It is highly unlikely that the hegemony of the dollar will be replaced by the hegemony of Bitcoin. Idea that seems creepy to me. I like pizza. However, things have to be taken easy. If someone tells me that pizza will solve all my nutritional needs and that one day the only thing we will eat will be pizza tomorrow, afternoon and evening, at that moment I will lose my taste for pizza. To me that bitcoin fix that gives me the creeps. To me, bitcoinnazis are a pain in the butt.
Now, let’s analyze the effect the Internet has had on the world. The world after the fall of the Berlin Wall is the personalized world. It is not a total world but a fragmented and specialized one. It is the television station of the open signal of the past vs the Facebook of today. Facebook that uses an algorithm to create a unique and personalized experience. There is no content provider. There are millions at the same time. Everything circulates around interest groups, specific niches and their individual tastes. There are no longer unique ideas, or unique narratives, or unique values, or a single organization. The world is becoming more subjective, more postmodern. The world is atomizing.
Paleolithic money: Seeds, stones, dry leaves, metals, minerals, crafts, skins, fibers, teeth, tools, feathers, animals, and thousands of other things. The future of money may be diverse and not totalitarian. Nothing to do with monopolistic solutions. One humanity. But all local and personal. Perhaps the future looks a bit more like the paleolithic.
United States Confirms Second $ 1,200 Stimulus Check: Will They Invest In Bitcoin?
Brother, stop suffering (* Brazilian accent). Like Pedro in the story of Pedro and the Wolf, many people in this space shout “inflation” at the top of their lungs every time. And the stimuli are criticized even more, but if we go to the inflation rate, we will realize that what we really have is a terrible deflationary picture. This crisis is deflationary. Why do so many Bitcoiners confuse issue with inflation? Why the delirium to see something that does not exist? I assume it is a political issue. That is, it is the libertarian vein that has been more than 100 years with the same scratched disc.
We may have inflation in the future, but it is likely that it will not come from the currency issue side, but rather from setbacks in the field of technology and in the process of globalization. What are the stimuli doing now? Prices are rising in the financial markets. This greatly benefits Bitcoin. So why so much crying? Well, the politics of libertarians. Their dogmas. Pure politics. But for the rest of us. From the investor’s point of view, encouragement is a blessing. Brother, stop suffering.
The Max Index is an indicator of my authorship that never fails. It’s amazing, but it’s the only indicator that I know of that has never emitted false signals. Every time Max Keizer makes a prediction, Bitcoin drops in price. It is like magic. Max Keizer is an indicator of walking sentiment. Max is one of his ill subjects with Bitcoin. He’s half crazy, but he’s our crazy. He is part of the family and you have to love him as he is. But his optimism blinds him. Obviously he is carried away by feelings. It is particularly sensitive to greed.
When there is a lot of greed in the environment, all the available buyers have already taken a position. Which really means they sold out. Everyone who was going to buy already did. So the price goes down. Bitcoin was up a lot this week, but this statement by Max Keizer put out the rocket. And it is always like this. You can Google “Max Keizer” and review all of your predictions for the past two years. Write down the dates and then review the price history. Amazing. The man speaks and the next day Bitcoin falls. That is the Max Index for you gentlemen and ladies.
The data shows that the rise in the price of Bitcoin to USD 10,000 has not made Bitcoin holders change their minds.
Yes, Bitcoin has had very few days above $ 10,000. The barrier has been crossed before, but has proven to be a very weak support. However, time passes. Bitcoin’s average is getting closer to $ 10,000. It’s already becoming obvious that over time that barrier will no longer be a big deal. Of course it is still too early to claim victory. But $ 10,000 is no longer what it used to be.
Despite the increase, there is no reason to sell. We are not in 2017 anymore. The truth is that Bitcoin is undervalued right now and has been for a long time. This story is not yet over and we cannot forget that we are in the midst of a crisis. However, sooner or later, the price will reflect the fundamentals.
Disclaimer: This press release is for informational purposes information does not constitute investment advice or an offer to invest. The views expressed in this article are those of the author and do not necessarily represent the views of infocoin, and should not be attributed to, Infocoin.