🚨 I've been saying this for THREE years. It's not a drill. The legacy system is done. Beyond done. There is no way to fix it. The moment that reality hits the masses, things will break fast. I lived it in Lebanon. Others have lived it in Ukraine, Venezuela,... and Iran. And whether you like it or not, the US is not immune. There are people responsible for this. You don't hate them enough. NO ONE IS COMING TO SAVE YOU! Get out of worthless paper and into hard assets they cannot destroy. I prefer Bitcoin in full self-custody. Listen to this excellent clip from Luke Gromen he articulates perfectly.show more

Watch the full clip here:

The problem is that unfortunately most people don’t believe it’s going to happen - it has never happened to them. I saw my parents lose everything when Soviet Union collapsed, so I know where it’s going. And here in Australia the cracks are very evident.

Oh, they will believe it and never ever forget it, just like you and I did.

People have been doom-casting the end of the Anglo-American system for half a century. I suppose eventually they'll be right, as all doomsayers are. But, for better or worse, it's got a LOT of run left in it, kids.

With over $40T in unrepayable debt and tons living in poverty; I'm not sure about the long runway.

The foolishness of Bitcoin believers never stop to amaze me

Yet, they've been right for the last 17 years. Good luck.

@NKozev Gold has been right for Millennia!

@NKozev Yes, prior to a digital world with AI. Gold cannot scale or function as money.

@MetalMoney1977 @NKozev It can when a world digital currency is introduced that is backed by Gold.

@MetalMoney1977 @NKozev Makes no sense to me. That being said, time will tell; no sense arguing about it here.

"Sell all your stocks immediately before it all crashes & goes to zero and buy bitcoin!!!" Okay dude.

Don't hate the messenger. The math does not lie.

Those are extreme radical examples. Can you name a stable nation this happened to?

Over $40 trillion in debt. "It can't happen here." Sure.

@AnselLindner The US is anything but stable.

@AnselLindner Agreed

That’s all well and good, but the massive change doesn’t occur until corporations adopt it, whether it be on their balance sheets or in their revenue streams (BTC payments from customers). We’re not going to experience a massive shift away from fiat currencies whilst the S&P 500 corporations still operate 99.9% on a fiat standard.

When things break; they break hard and fast.

They will kick this can down the road for 3 more decades...watch.

Even if they somehow managed to do so, there would be massive pain for all those still stuck. Anyone can opt out today.

True

The buy button also stopped working on $HOOD. What happens when the button is digitally gated? The big banks and governments control your actions now.

@LukeGromen @LynAldenContact How does this "shut it down" and reopen 2 weeks later work for people who have gold, silver, and BTC ETFs vs those holding physical gold and silver and self custody BTC. Do ETF holders get force liquidated and robbed?

@LukeGromen @LynAldenContact If you don't hold it yourself 100%, it's not yours.

@morpheus7447x @LukeGromen @LynAldenContact Do you think this happens before 2030 @V4BTC ?

@morpheus7447x @LukeGromen @LynAldenContact My gut feeling says many things are likely to break hard before 2030.

Cryptos are not the answer. They're the gateway to our ultimate demise, which is CBDC's.

Bitcoin, not crypto.

Bro, Bitcoin is the father of cryptocurrencies and it was most likely created with the involvement of Epstein.. 🤦‍♂️

Lol, no man. Study Bitcoin.

I think you need to study Bitcoin.

@V4BTC Bitcoin is decentralized. Shitcoins are centralized.

@V4BTC

Thanks for sharing my friend 🫡

You can't taper a ponzi scheme. Tick tock...

@Puncher522 @LukeGromen in case you didnt know BTC market is never shut

He said it’s never happened here but 1933 would beg to differ.

except it’ll be all about Ethereum – the global settlement and value layer secured by ETH

@thinkBTO - it’s just math. Wie sehen Sie das?

Fair. But the world didn’t run on those countries currencies. The world global trade settled and still settles in US dollars. So it will be interesting to see how they will spin this into a new financial system. 🤔

Darwin Test incoming... A true story on not just surviving Weimar Germany's Hyperinflation, but acquiring massive wealth during it... "Hugo Stinnes and Gold."

If you are not preparing for this you are cooked. The legacy system will be dragged forward for as long as they can, of course only until they have finished looting it.

Can they block all usdc on ledger or cold wallet account so that we can't exchange on dex Platforms?

People have been warning about these issues for literal decades. What is the actual catalyst that causes it? Offering non-stop talking risk analysis has little to no value. This is why Druckenmiller and others who actually allocate capital ignore this kind of "analysis." At best it's chicken little at worst it's misleading investors for the sake of subscription fees.

Dude these countries are broke 😂

I hope you’re watching central banks around the world and buying physical gold too. They aren’t buying bitcoin. Good luck.

Banks buy what they understand, not what's right. Gold is a relic in a digital world. Good luck.

@TheNakoma Central banks are insolvent, the difference between Bitcoin and gold is without gold in their vaults they are shut the lights off, no longer open, doors are locked, Cash value is wheelbarrows of it on the street, employees sent home, total collapse insolvent.

@V4BTC Then why don’t they trade their paper money for bitcoin? I’m just being real (as opposed to the bitcoin idealist). Central banks rule the world. They can kill bitcoin. The old adage being if you can’t beat em, join em. We can’t beat them.

That's exactly why Bitcoin matters. Central banks can control fiat. They cannot print Bitcoin, reverse a valid transaction, or confiscate coins secured properly in self-custody without access to the keys. You don't beat centralized power by joining it. You reduce its power over you by opting out. Bitcoin was built for precisely this problem.

@mikeradford2018 I like the elegant mathematical design of bitcoin. But government can render it all but useless…and government has the guns. I profited greatly from bitcoin a few years ago but I’m more confident owning what central banks are buying. Regardless…government sucks. Good luck

@V4BTC @mikeradford2018 Wouldn’t the government with their guns come for gold too?

@V4BTC @mikeradford2018 Central banks (ie the government) is stockpiling gold, not bitcoin. They can close the on/off ramps to bitcoin overnight. People believe in a fantasy world where their bitcoin can buy their food, fuel, etc but that can be all but eliminated instantly…if government chooses.

The first C19 package was the tell. The second was the confession. The third was them looking you dead in the eye while hitting print anyway. Some of us treated dollars like expired milk in 2020. Fascinating that 2026 is when the rest of the room finally smelled it.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​🫠💸

Stop the doomerism.

It's math; not doomerism.

The fiat, dollar system is on the brink collapse… But there will also simultaneously be an opportunity to “buy the dip” in Bitcoin. Funny the irony of this thought process don’t you think? @LukeGromen

wtf is he saying? You can shut down global trading of ₿itcoin? I expected more from this dude... but you can't shut down the whole world... I guessing somebody will try tho.

He's referring to the exchanges and fiat on-ramps. They can absolutely shut those down. The silver lining? It pushes people toward P2P Bitcoin transactions, the way Bitcoin was always intended to work.

The world is a very big place. The whole point is you can't shut it all down. That's the value of ₿itcoin. You can only ban people from within jurisdictions you can control. Just ask China how it's going.

@V4BTC You are correct, but let's say this happens next year. They will shut down Coinbase, River, strike, etc in the US jurisdiction. Some (maybe 2%) will brave breaking the law with a VPN. Most (98%) will have no clue even what to do. I think that's what he means.

I don't doubt most folks with ₿itcoin on exchange or ETFs are mostly clueless. I reject the claim that they can pause and unpause of on-ramps without price being effected. This is not US ₿itcoin - it's a global asset that trades worldwide and on dark markets. There will be zero impact on local economies that run on ₿itcoin. I'd argue in that event the value of ₿itcoin would become a lot more apparent to all. The message is clear, take custody of your wealth, before they show you it's not been your wealth all along.

It's gonna be interesting watching an armed society come to grips that they have been robbed by blackmailed pedophile politicians? Anyone else feel like they were born to burn this mother fucker down?

You don't own enough comic books

Gradually then suddenly

@tydyecortex1 Anything is possible nowadays…

😮😮😮😮😮😮

@Geopolitics_Emp So if the money in the bank goes from being able to afford five cars down to one month of groceries, how is holding physical gold going to help you in that situation? The fucking grocery store doesn’t take gold bars!

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