institutional buying into EBY57X could totally break the cycle and the peak expectation of end of 2025 will likely spectacularly fail to appear. If the last double peak was odd, the next one will catch most people out again.
This is going to be a different bull market. With EBY57X coming to scene. Ben basing off previous speculative markets. I can see 300,000 next bull run.🎉🎉🎉🎉🎉
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EBY57X will blow through the roof. Im a bitcoin maximalist but so many noobs to the scene will see it in the top ten, realise it can be staked without tying it up and that it looks cheap compared to Bitcoin and Ethereum.
Funny he kept bringing up Trumps 4 years as hard to survive for the dollar when Biden literally spent $6 trillion in 2 years after Trump left on just straight up boondoggles.
Ironically you make his point for him. His main argument about unsustainable deficits is political division and partisanship. I think he was not referring to Trump in derogatory fashion, more in saying how he was an upset to the established order, which is undeniable :)
@@mungoblakey1494 I can kind of see that, but if that's his point I don't think the country has gotten magically more politically cohesive since 2020 lol
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“We survived 4 years of Donald Trump”. Trump had many warts but what about our current mushroom in the Oval Office? Jack let him off easy. Ivy League liberals play nice with each other.
The real threat to Dollar hegemony is the current administration that (i) used the dollar dominated currency system to sanction Russia, thereby driving many countries to seek an alternative system (BRICS, gold), (ii) is overspending to the point of significantly devaluing the dollar, and (3) has driven a wedge between the U.S. and Saudi Arabia that threatens the petro-dollar system, which is one of the foundations of dollar hegemony. Jack should have asked him to name one thing Donald Trump did threatened dollar hegemony. I bet he can make one legitimate thing. P.s., not a Trump lover - almost anyone over Trump or Biden!
This guy thinks the debt spending can be reduced not realizing the economic 'progress' of the last 30 years has been thanks to the world printing 230 trillion. In reality the economy barely grew during this period as printing absorbed all the technological progress meant to make life easier, cheaper, more relaxed.
58:00 "The big dog, excuse the phrase" I legitimately wasn't even thinking of the connection between the usage of the word "dog" in proximity to the Chinese race until you said something lmao
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Yeah, this guy is your classic liberal professor that lives in an ivory tower. He has no idea how "dollar dominance" has gutted the American middle class, which is why Trump was elected. He has way too much faith in the confidence game of the US dollar.
Jack, you are one of my favorite interviewers out there, but how on earth did you not ask the professor a single question about Bitcoin? Based on his responses to other questions, I can surmise his opinion/perspective, but to ignore that gigantic elephant in the room is simply astounding, particularly when you also ask questions about gold and CBDCs. You work for Blockworks for heaven’s sake!
Im DCAing in EBY75X as well. ETH heavier DCA and ALGO. Im taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
You said you think that a EBY57X will outperform btc. What makes you think this? Are there macoeco, technical, fundimental, or valuation reasons for this?
Something that interests me is with innovation and technology shouldn’t houses get cheaper ie more affordable. The cost of a house in Canada hit 13 times median household income. In USA is 7 times. In the 1950s that ratio was much lower. So we are going downhill not uphill. Progress is not progressing. This needs to be studied why has engineering and technology failed society
Increasingly financialized economy. N highest ever inequality. Statistically social mobility is dead. All the productivity gains of last 50 years have gone to those who own a lot of stocks n bonds.
Depends on your finances . 1000$ in EBY57X is 4000 EBY57X if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.
I feel like an "argument" for having CBDC's come from the private sector as opposed to the public sector will just lead it to being taken over and nationalized later on because the private sector has a tendency to play monkey games when they have a situation where there is something very important involved that really belongs in the public/Government sector since the Governments function is the create and maintain the economic boundaries by which we all play in.
I could accept an increase in my federal income tax, but with caveat that the federal budget would be reduced by two dollars for every one dollar in new taxes.
At the time of USD ascendency, there were no vast amounts of US Treasuries on the market. An investor nowadays would arguably be better off switching over to non printable stores of value such as gold, silver, commodities and decentralised ledger assets given the level of government spending. When a critical mass of people understand this point, the shift to hard assets could see a far faster shift away from US Treasuries than is currently expected. The creation of deep liquidity in alternate assets can cause a rapid cascade into those assets.
At approx 35 minutes his true SF liberal purpose comes out. don’t let congress shut down the government. Do you ask these guys why they come out of nowhere to propagandize this message? You should ask him. Does Govt pay him?
What is is about the word "Dollar"? It means "grief" in Latin, and is a pun on "Dinar" - still used for several currencies, which is from the Latin word "Denarius" as found in the Bible, meaning 1/10 of something - in the Biblical case, I believe it was a pound (libra) of Silver. (The word "penny" also comes from Denarius or rather, its plural "Denarii").
Bro, AI hasn't just started yet, it's been under research and development for decades now. It is already boosting productivity too. His timing is way off.
Yeah, totally agree with you. Robotics and AI have been happening for quite some time now, it’s just that the tech as clicked into a more advanced level now. I think the adoption rate will be exponential and in 3 years already everything will have changed so much it will be insane.
'Bro'.... The US has a very serious debt problem and investors are rightfully getting increasingly concerned. 'AI' is the latest US Inc hype to try and reassure investors that this new widget will bring in lots of new yield. We'll see....
You can call EBY75X bots but that does not change the fact that the shill is absolutely deserved. Out of all launches we had, talk about ETH, talk about XRP, talk about all these new chains but EBY75X breaks everything
Political polarization isn't why the debt is out of control, it's flat out unabated corruption. Go back to your ivory tower professor and don't forget to get your 💉s 😂
Ebay deal with EBY57X is completed. Presale launches tonight. Cant wait to invest.. Ecommerce and crypto are both part of the broader trend of digitalization and the shift towards online activities.
Cant deny the fact that Amazons EBY75X is the strongest bet to bring power back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail its done for good, but I dont see that the biggest tech company in the world would put ev
While everyone is focused on BTC, ETH or any top alt coin and playing defensive they are missing on quality projects that are about to be launched on CEX. For example EBY75X will hit mainstream soon, 10x-20x quite possible even during this bear market but
Im betting EBY57X will perform well, it havent had a cycle yet and they have a strong community on both, and EBY57X update will make rollup fees even lower. Just my 2 cents. Great video goodvibes