It is indeed a very good news for Poland. However, having today 20% in gold reserves Poland is “only” around the worldwide average.
Still long way to go to multiple European countries holding up to 80% in gold reserves.
It is indeed a very good news for Poland. However, having today 20% in gold reserves Poland is “only” around the worldwide average.
Still long way to go to multiple European countries holding up to 80% in gold reserves.
On the other hand, if you add required risk premium of 4-5% and all the fees, taxes, you are probably falling behind the M2.
What do you think @TXMCtrades ?
On the other hand, if you add required risk premium of 4-5% and all the fees, taxes, you are probably falling behind the M2.
What do you think @TXMCtrades ?
Nie wiedziałeś, że w @RadioWNET jest Pomarańczowe Studio, gdzie @r_zalski prowadzi audycje z bitcoinerami po polsku?
To już wiesz. W najnowszym odcinku gościli @osk_are i @TheChartWitcher
Nie wiedziałeś, że w @RadioWNET jest Pomarańczowe Studio, gdzie @r_zalski prowadzi audycje z bitcoinerami po polsku?
To już wiesz. W najnowszym odcinku gościli @osk_are i @TheChartWitcher
That’s something most Bitcoiners refuse to see. As did I before I looked at the data myself.
From 1988 to today:
M2 grew 5.6% per year,
S&P500 TR grew 11.6%.
It doesn’t mean it will continue like this into the future - most likely it won’t.
But facts are facts.
That’s something most Bitcoiners refuse to see. As did I before I looked at the data myself.
From 1988 to today:
M2 grew 5.6% per year,
S&P500 TR grew 11.6%.
It doesn’t mean it will continue like this into the future - most likely it won’t.
But facts are facts.
"The non monetary uses of the Bitcoin blockchain is what we call spam" Jimmy Song.
Aligning on the definitions is critical for having any constructive conversation. We should do it more often.
We need to be careful with this.
USTs account for only about half of total USD reserves (rest is bank deposits, MMFs, MBS etc.).
Nice that share of gold is rising, but overall USD is doing fine as reserve asset as @JoeCarlasare likes to remind.
We need to be careful with this.
USTs account for only about half of total USD reserves (rest is bank deposits, MMFs, MBS etc.).
Nice that share of gold is rising, but overall USD is doing fine as reserve asset as @JoeCarlasare likes to remind.
The fight over Bitcoin boils down to first principles:
Austrian-leaning/Bitcoin-maxi folks see value as subjective—discovered by markets.
Fiat loyalists treat value as something to be engineered by central planning—via policy, subsidies, bailouts.
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