I wonder if the CBDC (central bank digital currency) has anything to do with this dip?
Eventually we all will be using crypto but I don’t think it will go unregulated.

I’m trying to get into crypto, is Gemini a safe site to buy from?

Thanks!I appreciate it,this stuff seems so complicated to me sometimes.I’m looking into kraken as well but eventually want to hold my crypto’s on a hard wallet,any recommendations?I herd some bad things about the Ledger nano X not working right sometimes.

This is just the beginning!

You'd hope that someone with a technical background would at least read one or two articles on the inner workings of crypto/blockchain, if not the original white paper. But nope, they just want quick riches. I had an argument with a friend that bitcoin and even perhaps ethereum could be the Dot Com era's AOL in terms of how quickly they can become obsolete. The internet is still around and useful; profiting from the Internet was limited to an extreme few. Getting people to untangle future adaptation of technology and profiting from it is difficult.

Obligatory favorite explanation of NFTs:

imagine if you went up to the mona lisa and you were like "i'd like to own this" and someone nearby went "give me 65 million dollars and i'll burn down an unspecified amount of the amazon rainforest in order to give you this receipt of purchase" so you paid them and they went "here's your receipt, thank you for your purchase" and went to an unmarked supply closet in the back of the museum and posted a handmade label inside it behind the brooms that said "mona lisa currently owned by morechatter" so if anyone wants to know who owns it they'd have to find this specific closet in this specific hallway and look behind the correct brooms. and you went "can i take the mona lisa home now" and they went "oh god no are you stupid? you only bought the receipt that says you own it, you didn't actually buy the mona lisa itself, you can't take the real mona lisa you idiot. you CAN take this though." and gave you the replica print in a cardboard tube that's sold in the gift shop. also the person selling you the receipt of purchase has at no point in time ever owned the mona lisa.

unfortunately, if this doesnt really make sense or seem like any logical person would be happy about this exchange, then you've understood it perfectly

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Bill Gates says crypto and NFTs are '100% based on greater fool theory'

Kill Bill gots his own ideas about what digital money should be...

Patent WO / 2020/060606 relates to officially recorded facts. It was registered on March 26, 2020. It was made by Microsoft Technology Licensing LLC under the presidency of Gates and gained international status on April 22, 2020. " Cryptocurrency system using body activity data " is the title of this patent.

The online patent application can be summarized as follows: The human body activity associated with the task provided to a user can be used in the mining process of a cryptocurrency system. A server can provide a task to a user's device connected to the server. A sensor attached to the user's device or positioned within it can detect the user's body activity. Body activity data can be generated based on the attained body activity of the user. The cryptocurrency system connected to the user's device can verify whether the data generated by body activity meet the conditions set by the cryptocurrency system, and can issue cryptocurrency to the user whose body activity data is verified."

In other words, thanks to the crypto money, the chip that monitors the daily physical activity of the person will be placed in the body. If the conditions are met, the person receives certain bonuses that can be spent on something.

Hunger games!

I don’t know something about 2020 and 666 just
doesn’t seem like a funny coincidence.

I think once the economy fully collapses and the food shortages start they will introduce the central bank digital currencies and people won’t have a choice.Accept or starve!

You can’t eat gold!

Bill Gates is the biggest private owner of farmland in the United States. Why?

We are going into a deep severe recession and people will be going hungry.In order for the central banks to bail the system out they need to go negative on interest rates.And if they go negative on peoples bank accounts then people will pull their money out of the system and sit on cash,that means the central banking system will fail.So in order to keep the peoples money inside of the system they need to take the cash out.
This is what they are going to do according to the IMF.

Yes,buy farmland and be self sustainable.Bitcoin will not save you from what’s coming.

We are going through the Great Reset according to the WEF and the IMF.We are moving away from cash and into a blockchain based system(which bitcoin was an experiment for)this upcoming recession/depression along with current geopolitical conflicts,and environmental concerns will be the catalyst for the transition into a more “equitable”future for all!

Raising rates will only buy more time but eventually the cost to service the debt along with a shrinking tax base from massive unemployment will force rates back down and eventually negative.
We are in endgame for our current financial system.

We are moving from a growth based economy to one based on the Wiedmar Republic!

J.P. Morgan once famously said that millionaires don’t need astrologers, but billionaires do.J.P. Morgan thought there was more to the market than timing, and he used astrologers to help guide him in that timing in his businesses and investments.

Sounds like some nutcase “conspiracy theorist” to me!

You are not smarter than JP Morgan.

You are a blinded by your own ignorance!
Typical American.