major insurance co just dropped 100mm on bitcon

they are being bullied into investing in the ponzi

congrats to satoshi and his crim cohorts

 

Bullied he says...

I suppose FOMO is a form of peer pressure

 

well, investing 100m in something without a single use case other than money laundering and online gambling

id call it bullied

not to mention zero barrier to entry for the tech

logic doesnt fail even if millions of lunatics say otherwise

 

Or they know more than you do

 

That hit him right in the pp

 

lots of folks know more than me

lots know less

on ET , doubt any know more than me, if they do, they dont post

 

Statements like these show some ignorance though let's be honest:

 

Bitcoin is deflationary, 21 million coins, 20% have been lost, supply of fiat money is inflationary, $24 trillion printed by central banks this year.

 

It's a mania... for tech stocks, TSLA, BTC, baseball cards, and probably much else.

Best not to think too much about it, until conditions signal a possible change in regime.

 

Found the BTC short.