orangedog on Nostr: Bajali made a public bet on bird app that #bitcoin price would skyrocket to $1 ...

Bajali made a public bet on bird app that #bitcoin price would skyrocket to $1 million USD within 90 days

I think his intention is to issue grave warning to the fact that all big banks are in deep deep trouble

Banks are not only broke, they’re beyond broke

Your deposits aren’t cash in a vault

They’re invested in other vehicles with other banks to generate yield, including a traditionally safe investment, treasury bonds

which were bought in huge numbers when interest rates were near zero

when powell jacked up interest rates to battle inflation (not working btw) those treasuries became worthless because, held to maturity, they lose money..they are now junk

The FED and Treasury know this

They’re desperately injecting USD into the system to avoid ‘contagion’

Contagion means panic..nationwide bank runs

they want folks to calm down, go back to their facebook, and LEAVE THE MONEY IN THE BANK

because the money ain’t there

Yellen and Powell want ppl to stay asleep

Balaji wants ppl to wake up

Will BTC moon to a million in 90 days? I don’t think so..but it sure got a lot of attention, and that’s the point

because banking, and fiat currency, is all a grift

It’s a con game

and 99 percent of us are played

#bitcoin