I'm Selling My Bitcoin & Getting Married - MGTOW
- Red Pill Ring
Mystery Link: https://www.youtube.com/watch?v=Pyzg3biuz1Q
Paypal / Email: Sandmanmgtow @ Gmail.com
Hi Everyone Sandman Here,
This video is brought to you by a donation from Cyclone Steve & here's what he has to say: "Sandman, I'm writing you today because you said something in a recent video that I think was demonstrably incorrect in The Red Pill vs the Black pill video & I'm hoping you'll talk about it. About 6 minutes into that video you said that precious metals only have value because people think they have value. That is clearly untrue. Gold & silver are used in many things. About a quarter ounce of silver is used in most solar panels. While I own and have made money on cryptocurrencies, THEY are the holdings that only have value because people think they have value. If the price of Bitcoin (or some other coin) started dropping and we found out that China had gotten control of over 50% of the chain verification computers and was validating fraudulent transactions to make money, it's Bitcoin that would ultimately drop to zero, because it has no physical use and only has value because people think it has value. Perhaps you can make that clarification in one of your videos. Anyway, keep up the good work." Well Cyclone Steve thanks for the donation and topic. Your timing couldn't be better and no I'm not getting married. But yes I'm considering selling all my bitcoin in the next four or five weeks if the price action does match up with previous years. As of scripting this it's late September and the prices is around 43 thousand dollars. If the price doesn't rise to somewhere around 55 thousand by the end of October or early November it might be time to head for the hills. I promised everyone I would let them know when I sell. This is a very important update video if you hold Bitcoin the king crypto and alt coins. In had to share this to clear my consciounce and get it out sooner rather than later. As for your point Steve you're talking about intrinsic value. Yes there is demand of gold jewelry and to wrap around your steak at a fancy restaurant. Or silver in medicine and solar panels. But the greatest demand for those commodities is a monetary metals. But the problem is that young people don't want gold and silver. They want Bitcoin and other cryptocurrencies. Young people think that crypto has value so they aren't buying anywhere nearly as much gold as they used to and instead are buying NFTs, Meme stocks, alt coins and Bitcoin. I look on Kitco news and it's all guys over the age of 60 talking about 5000 dollar gold. You don't hear young people talking about it. As far as I'm concerned Gold is Old. As for China having 50% of on chain verification Bitcoin would probably do a hard fork again similar to what happened with Bitcoin cash. Besides China has kicked out most of the miners so we don't really have to worry about that right now. The hash rate is recovering. I've heard there are shortages in industrial silver and it will shoot up in value. But I also hear that many newly married couples are getting crypto instead of gold and India is the greatest consumer of the yellow metal. The old intrinsic value argument is losing steam. What about something like Osmium? That's a hundred times more rare than gold and it's been going up in price. Before I discuss more let me first tell everyone about today's sponsor The Red Pill Ring:
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