The Fed is blowing up our financial system, says Strike founder & CEO Jack Mallers

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[shirleneunglesbee]

FED: We need people unemployed and bankrupt to calm inflation.. 2 days later SVB goes under FED: Wait, not THOSE people, only poor and middle class can fail in this economy, as usual.... Well given the global economic crisis we are currently experiencing Investing in alternative income streams that are independent of the government should be the top priority for everyone right now.. A variety of stocks and digital currencies are still attractive investments right now.

[corneliajennins]

I blame the FEDs for this, because in the end they benefit by either buying off the failed banks cheaper or something. The fed can print credit as long as someone will borrow it into existence, but they cannot print product (or production).

[nullist]

Get this man on Joe Rogan. Make it happen internet.

[kaylawood]

A recession is currently the "most likely consequence for the economy, " and I cannot fathom becoming a victim of circumstances, with inflation at a four-decade high. In two years, I plan to retire, and my target retirement fund is $967, 000. How can I assure this? What steps can I take?

[Aziz__]

Yeah markets haven't been deeming the Fed's guidance that they will maintain high rates regardless of swelling debt costs in order to control inflation as credible. I woulld underweight stocks for a little as the market begins to correct because honestly I still think stock prices are massively inflated at the moment. I have approximately $550k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?

[Natalieneptune]

Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.

[stevensmiddlemass]

Market declines, soaring inflation, a significant increase in interest rates by the Fed, and rising Treasury yields all point to additional losses for portfolios this quarter. How can I profit from the present market turbulence? I'm still debating whether to sell my $125, 000 ETF/Growth Stock portfolio.

[viviangall]

As recession fears mount on Wall Street and inflation remains well above the Fed's 2% target, some of the top commentators in markets, business, and economics have been sounding off on just how bad they think the next downturn might be — and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement, my goal is to have a portfolio of at least $850k at the age of 60.

[pka]

Brilliant. Simply brilliant technology. Thank you for this interview.

[genevaeberle]

I always knew that its only a matter of time before the bull returns back to the market, you just have to be patient. As bad as this recession may be, it still provides good buying opportunities in the market if you you're careful. It can also create volatility giving great short time buy and sell opportunities too. This is not a financial advise but get buying, cash isn't king at all in this time! It hasn't been in the longest time.

[swfsql]

3:15 people who tries changing those rules are simply expelling themselves from the network.

To put it simply, it's like it's a distributed game. Only those who happen to play by the rules are in fact playing it. If someone stops playing by the rules, they are playing a different game. Those who kept playing the old rules are not affected by those playing different rules.

The only way to "force" a rule change would be for the government to hack into everyone's computers and force them to use a different software, then force them to keep running it instead of going back to the old software, and then force them to use the currency that emerges from that software.

[jcastronaut]

Every time someone questions why Bitcoin is a fixed asset….and questions decentralized software…I realize the number of uneducated people by no fault of their own and I increase my dollar cost average

[letsgocryptochannel]

LOL, he sounded just like me trying to explain Bitcoin to my 85 year old dad, LMFAO !🤓

[scottydont]

“Dollars are going to be worthless! Buy BTC! It’s going to $100k a coin!”

Ok, so if dollars are worth $0 and one BTC is worth $100, 000, what is 100, 000 divided by 0? NOTHING! Am I missing something here?

[TheNamche]

The fact that in 2023 a CNBC anchor is still asking how we know the supply of Bitcoin is fixed is just a terrible look for CNBC and his entire age group (of which I am one).

On the flip side, we Bitcoiners apparently need to do a better job of getting through to the ‘old guard’ and provide more and better education.

This clip is an embarrassment look for CNBC, Tyler Mathisen, and PowerLunch producers.

[pnamie]

Jack steam rolled these two legacy banking apologists from CNBC. Way to go Jack!

[cxMLG]

As we move forward into the digital age, the contrast between the traditional value of land ownership and the emerging concept of cryptocurrencies like Bitcoin becomes increasingly apparent. Unlike land, which is finite but static, Bitcoin has a maximum limit of 21 million coins, creating a sense of scarcity and exclusivity that makes it a unique and valuable asset class.

Bitcoin's revolutionary monetary instrument is not only scarce but also decentralized, meaning that it operates independently of traditional financial institutions. This feature, coupled with the transparency and security of blockchain technology, has led to growing interest and adoption of cryptocurrency as a viable investment option.

In many ways, Bitcoin is like having a piece of gold in your pocket, but in the digital realm. Cryptocurrency is the wave of the future, and by staying on top of this rapidly evolving technology, we are positioning ourselves to ride that wave like seasoned professionals.

[mobeck]

Why are they interviewing a kindergartener and why is the child so angry?

[anacap]

When people talk about BTC they are really talking about satoshi units. So the cap of satoshis is 2.1 quadrillion. Not so small when you look at it that way.

[raphi]

And Jack Mallers is not the only one, who runs a computer, which doesn‘t accept flip-a-dookie coins. There are thousands of computers, which only accept valid bitcoins.