Swen Quietmeyer

📈Business Administration Student and car enthusiast with focus on future-oriented marketing, future technologies, blockchain technology and cryptocurrencies. -

[XAPA @xapa03]

Stock market down, Bitcoin up.
I told you so.

[Cointelegraph @Cointelegraph]

The East is embracing crypto! Contrary to the cautious stance of several Western countries toward cryptocurrencies, Hong Kong has embraced a proactive approach by inviting Coinbase and other crypto exchanges to establish operations in the region. https://t.co/jDYyqnhTwo

[Elon Musk @elonmusk]

@zerohedge It’s almost like there’s a pattern

[Balaji @balajis]

Here are the remaining references, as Twitter has a limit on the number of links in one post.

I am moving $2M into USDC for the bet. I will do it with Medlock and one other person, sufficient to prove the point. See my next tweet. Everyone else should just go buy Bitcoin, as it'll be much cheaper for you than locking one up for 90 days.

Terms of the bet: ideally someone can set up a smart contract where BTC is worth >$1M in 90 days, then I win. If it's worth less than $1M in 90 days, then the counterparty gets the $1M in USD.

HYPERBITCOINIZATION
We have to define hyperinflation in BTC vs USD terms because all other fiat currencies can and will be inflated away. That is hyperbitcoinization.

This is the moment that the world redenominates on Bitcoin as digital gold, returning to a model much like before the 20th century. What's going to happen is that individuals, then firms, then large funds will buy Bitcoin. Then sovereigns like El Salvador (@nayibbukele) and tiny crypto friendly countries.

The big move will be when a US state like Florida or Texas, or a "normal" country like Estonia, Singapore, Saudi, Hungary, or UAE buys BItcoin. And when @narendramodi tells India's central bank to buy Bitcoin, even as a hedge, it's over.

Why will it be so fast? Well, hyperinflation happens fast. We've seen digital pandemics (COVID), digital riots (BLM), and digital bank runs (SVB). Everything will happen very fast once people check what I'm saying and see that the Federal Reserve has lied about how much money there is in the banks. All dollar holders get destroyed.

The thing is, people are still tuned to an analog world where things get gradually worse rather than all at once. But there isn't much forewarning for a digital event — it's 1 and then it's 0. Just like the bank runs, except this is the central bank.

There are however two sources of forewarning. First is the chart of the long-term depreciation of USD vs BTC, from less than $1 USD per BTC to $25k USD per BTC. Much of the smart money has been voting against the dollar since the financial crisis. The end is a digital drop off a cliff, almost invisible on the chart — but highly visible in the world.

This tweet is the second forewarning. It'll be ignored and mocked by people who still trust the US establishment, even after the last few years. Who can't imagine that the US banks and media could be lying to them to this extent.

But they are. Just as they did in 2008, and over the last ten years. The digital devaluation of the dollar is coming and it's going to be intense.

[9]: Patient on hikes Nov 3 2021: https://t.co/EQl3oiRZxS
[10]: Renominated Nov 22 2021: https://t.co/nFChGDIeKZ
[11]: Yellen admits not a tech issue: https://t.co/isHN3j3P3D
[12]: FDIC admits rate rises rekt banks: https://t.co/eIbCwBl2kr
[13]: Presidents don't like hikes: https://t.co/wnEZOVQz97
[14]: https://t.co/GqzU0Q1W2A

[Jason Levin @iamjasonlevin]

What is the future of Ethereum?

Last week, Vitalik Buterin co-published a paper predicting Ethereum's future.

I read the 37-page paper and interviewed its co-authors so you didn't have to.

[🧵 THREAD]

[TRON DAO @trondao]

"If you look at the fundamentals—blockchain adoptions, user expansion, real use cases being unearthed, you wouldn’t think the industry is going anywhere down" @justinsuntron👍#TRON #TronStrong
https://t.co/mpCjIo8xOD

[Elon Musk @elonmusk]

Since I’ve been asked a lot:

Buy stock in several companies that make products & services that *you* believe in.

Only sell if you think their products & services are trending worse. Don’t panic when the market does.

This will serve you well in the long-term.

[Swen Quietmeyer @Sweanor_]

@Underground_nft @elonmusk
@Rezan85531039
@UlyssesPastor

[Swen Quietmeyer @Sweanor_]

@metaor_eth @EthAbyss
@B00dini
@pichbai

[Swen Quietmeyer @Sweanor_]

@Furer @EthAbyss
@kbrune420

[Swen Quietmeyer @Sweanor_]

@metaverseDodji 0x88f3cFA10b0C40EA480E308280deC1B3eBCb5062

[Swen Quietmeyer @Sweanor_]

@Furer @marikocrypto The only way i want to see a nuclear symbol that time😅

[Swen Quietmeyer @Sweanor_]

@TheNFTGemz @TheCryptooKing @ifmtoken

[Swen Quietmeyer @Sweanor_]

@SabianNFT

[Swen Quietmeyer @Sweanor_]

@BTCRicher 0x88f3cFA10b0C40EA480E308280deC1B3eBCb5062