buttcoin? who knows. Buy gold. Gold is an actual hedge against inflation. Bitcoin is just theoretically a hedge but in reality it does whatever it feels like.
Gold and silver is for broke losers
zoom out
>>62674608Whoooaaa six billion heckin US dollaroos. The bond market is much bigger than that, this really doesn’t change anything. If anything it shows Bessent is anxious about bond yields but knows he’s powerless to do anything about it, so that’s why yields pumped on the news
>>62674843in reality behaves like a risk asset at the very tip of the spear.
>>62674868ThisOnly buy crypto and stocks at ATHNever ever ever buy precious metals
>>62674843Big corn is hedge like gold but also beta like techIt’s the best of both worlds, like buying gold at 400 and nobody has heard of it
>>62675126When push comes to shove, people aren't trusting some gay tech made in 2011 to protect their wealth
>>62675133>when push comes to shoveCovid was pretty much an Armageddon scenario and it lived. There isn’t much that can happen worse than that
>>62675136>covid is the worst thing that could ever happenLoooooolI think the bond market imploding is a lil worse, kiddo
op you're probably reading way too much into one headline. the 6b itself is basically noise next to the bond market, but if yields keep getting fucked that's obviously more relevant for btc than whatever headline number everyone is staring at. btc doesn't have to behave like gold just because people keep calling it a hedge either, sometimes it trades like tech with extra autism and that's that. meanwhile half this board is trying to front run treasury policy and the other half is somehow making more noise around random shitcoins getting pots on pot.fun than the actual coins themselves. i'd just watch yields and liquidity before pretending this one headline decides where btc goes
>>62675138Wake me up when SHTF and my silver stack can buy me a house
>>62675136Ever seen a guy get magdumped and he still manages to walk for 20 seconds? Yeah...
>>62675136>it livedit almost 10x'd you fucking moroncovid was an insane liquidity amount, all risky assets exploded
