I almost had writer's block today. It's been probably months, if not years, since I got hit by such a "bloggers disease" but it almost caught me. It's not that I didn't have what to write about, I could actually easily put out four blog posts a day with all the shit happening in the world right now...
The block was about this thought though: why should I continue emphasizing the current political and economical events... and the answer came in seconds. It's because I care and because I'm able to connect the dots on some things happening right.
Some of you are also probably asking yourselves right now: how is Bitcoin going to push back to its 2021 ATH and beyond?. Who's gonna buy it all the way up to a new top? Well, I got some candidates for these buyer positions...
But let's look a bit into what happened on the global political stage in the past 24 hours. Well, first and foremost, we got Emanuel Macron who managed to get puppeted by Xi Jinping in just six hours. The president of France, who refuses to listen to his protesting people got to the conclusion, after just a few hours of meeting with Xi, that Europe should reduce dependence on the US dollar...
Welcome to the club Macron, but you don't get to decide for the whole fucking continent. And don't get me wrong, I do not disagree on this one when it comes to weakening the US dollar hegemony, but Christine Lagarde, who accompanied him on his visit is a puppet of the US, and I bet she will continue to play the drum as the US dictates her to do.
And it's not like we have many choices to choose from in replacing the dollar for international trade or the natural resources that we import from the US(LNG for example)... The euro is clearly not a candidate, the Chinese yuan is not an option to me(total surveillance China is not to make allies with)... and then there's the Ruble... Pick your poison, Bobby...
Then there's Bitcoin, but world leaders don't talk about it because they can't profit from it. Bitcoin belongs to us, the US dollar, and all the shit around it belongs to the Federal Reserve(a private entity issuing currencies in the US) and pretty much every other currency in the world works based on the same principles.
So, back to the starting point: who's gonna buy Bitcoin all the way up to $100,000?
I have a few good candidates for that... Whether we see(accept) it or not, the world is pretty much in a world war right, it's probably not gonna be the same as the previous two ones, but we got severe conflicts on all grounds(political, economic, civilian) and these will "somehow reshape the world map".
The world economy is not looking good at all, adding to the whole shit that was already stinking on the porch. So, when you have a world reserve currency that's about to lose such status, a proxy war full of "flaws and lies", a communist superpower looking to strengthen itself as a superpower(threatening to annex Taiwan and getting into a proxy war with America), mass societal turmoil and unrest, and a lot of incertitudes, what money would you choose to hold to?
Personally, I'm choosing crypto. I don't trust the euro anymore, the EU is America's bitch, let's be honest about that, the dollar looks to be losing its strength and personally, I wouldn't consider it a viable savings(or reserve) currency, while the Chinese yuan is a pure example of how the end of all freedoms and liberties looks like.
So, Bobby here picked his poison and it's not DOGE :).
I bet there are a few others thinking the same and these ones will be your crypto bulls for the next couple of years ahead. Some of us won't even get back to fiat entirely. That doesn't make sense to me anymore. As long as I can get along with paying for my everyday expenses with crypto I'm fine with being all in crypto.
And...
We used to think that there will be "only one new world order" ruling over us all, but we already have two potential ones, France pretty much being clear on its pick, but I'm putting my bets on the third one(crypto). What about you?
Thanks for your attention,
Adrian