This is part 2 - A Young Man In America Today
You all heard it here folk and this is my final post Steemit and d.tube because these outlets are not decentralized but ill continue my legacy on: https://flote.app/Senpapi
Let's get to it; We have met my prediction folks so what happens now well we are in a tough predicament that is most certainly a so very grim series of chaotic events where the debt yield has been met to 16 trillion USD as of 06/16/2019 a little after my birthday to wake up to a negative 10/year bond yield. What an insane world we live in today so how do we keep sain in an insane world and that is preparation
This is my philosophy, not financial advice but I only post annually of such cyclical events that occur in my life and time stamp my progression on how I perceive the world when I say its a good time to hedge into a(n) scarce assets as bitcoin the new standard of global wealth where every validator who believes in a free market are liberally able to transact amongst one another without prying eye of a third party entity using this beautiful Truth Machine that powers our network.
Gold would be my second asset of choice because anything that is inversely correlated to USD is superiorly able to succeed for years to come. But going back to Riot outbreak potential I believe storing something as heavy isn't as viable as encrypted currencies that you firmly hold in your digital wallet on your mobile device.
We are facing a global financial crisis where bond yields all across the board are facing negative interest rates which means the buying power of your local currency is rapidly devaluing and collapsing under the pressure of global debt and hyperinflation. Warning
the paradigm as we know it is certainly changing people will flood these 2 markets (XAU&BTC)
The sentiment of bitcoin has risen to $10,000 as of today
Scarcity will hit the fan flooding bitcoin with dollars leading towards a price discovery of $100,000 @ yr/2020
Now, this is the problem I believe there are only more or less 1.5 million bitcoins left in exchanges and there isn't enough to go around. Nakamoto estimated that the ordinary person was prompted to hold about 0.003 $btc/Sat
Bitcoin being a fixed amount ever to be mined into existence it wasn't Nakamoto's dream to have capitalist turn to greed and accumulate vast amounts in behalf of the malpractice of becoming Superpower wealthy
As we proceed to the economic slowdown, we are going to see more and more demand for this asset being an inversed correlated/counter inflationary
we all know what bitcoin does its a computation truth machine built to validify transaction without the need of a custodian, central bank of authority, anti-seizable currency, and surface-level anonymity...
Gold you do your own due diligence on why im going 90/10 and you guessed it im only going 10%-5% on XAU
Well that's it and thank you for reading.