The Most UNFORTUNATELY Bullish Chart Of The Decade

00:00 Statistical Context
03:35 Unfortunately Bullish Chart

#Bitcoin #BTC #bitcoinprice #cryptocurrency

[Verb]

It means there will be a US currency reset. The last one was 1971.

[comicbookcountdown]

The Federal Reserve is involved, but the real problem is the ridiculous amount of spending taking place in Congress. One party is more responsible for it than the other, but neither party is blameless.

[dbtoney]

Coincidentally US debt was at similar levels in the 1940s WWII era was ~125% of GDP if you believe the stats.

[edengardeningtowers]

I have finally got my wifes attention. Half our savings is going into crypto😊

[melissapereira]

When you have bitcoin...
You can enjoy views like that everyday Melissa...that's what I tell myself.
Note to self...after Toby talk..buy MORE btc.

Backed by maths, gets my full backing.
Ta guys. 😊

[JamesTaylor-nu]

We keep getting told all the planets are aligning for BTC, demand outstrips supply 10:1, etc, etc, and yet price action is anemic at best. Anyone else feel like they're being conned by crypto in general rn?

[poncholarpez]

It does matter who gets into power. A transition to currency backed by bitcoin will eliminate the debt given enough time.
A candidate backing CBDC's will be game over for your freedom.

[sci-clops]

Reading Jekyll Island now. Fascinating but very detailed. You guys should cover a little of this book each day in your videos.

[gamanshoo]

Keep it up man.

You always say the “quiet part” out loud BECAUSE you speak from a position of strength.

[graybryan]

I agree with the overall point and I'm not a big fan of the Federal Reserve but to be factual, Congress is the reason the dollar is being devalued and not the Fed. The Fed has no choice other than to pay for what Congress has already spent.

They have to monetize the debt because Congress is spending more than they take in.

[dallaslee]

Thank you, Honest and straightforward

[geeem]

Yes bullish after it falls to 55k, then bullish to 70k then 55k and so forth.

[michaelblack]

I agree with the stats, but wonder, why would the Fed want to destroy their honey bucket?

[pman]

1.5 trillion in interest is 1.5-million-million ! insane! almost all your taxes (75%) are going to interest on the debt instead of improving the country.

[jrbm]

The difference today in politics is new government will be war lover or not, and yes I agree with you about the debts.

[CoffmanStreetCapital]

Correct me if I'm wrong but if the US Govt. Would not borrow so much from the Fed, the Fed would not be the problem?
They are enabling the US to over borrow?

[Hitora_San]

How much money do all of the earth owe to the US in debts? I would be very interested in that number.

Your are on a level that I hope others can get up to you

[naturalselfyoga]

You are correct. There is no consequence for the elected officials to spend more of other people's money than they have. You are correct that there is no way the US pays off this debt. You are correct that Bitcoin is a solution. Where you are completely wrong is your assumption that eventually the US government will turn to Bitcoin to bail them out of the debt too

[J-Rod]

'Bullish' in your title gets my attention 😂