Human Torch

[Human Torch @thewhaleslayer]

@CryptoGFishere I am Véry Véry interested for this opportunités, ready to Do m'y best

[Human Torch @thewhaleslayer]

@timothysykes @van00sa 🤣

[Human Torch @thewhaleslayer]

@DekmarTrades Are you using Trade Idea and Das Trader only

[Human Torch @thewhaleslayer]

@codi_fyy LEARN

[CODIFY @codi_fyy]

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[Human Torch @thewhaleslayer]

@easytoolshq SEND

[Human Torch @thewhaleslayer]

@Suryanshti777 DOC

[Human Torch @thewhaleslayer]

@mendatrades Liquidity Book”

[Human Torch @thewhaleslayer]

@_TJRTrades Yooooooi

[Human Torch @thewhaleslayer]

@EmperorBTC Let’s goooo

[Human Torch @thewhaleslayer]

@ZssBecker @devinci_maker Teach me everything let me be your student ….

[Human Torch @thewhaleslayer]

@SenseiBR_btc Me sir , it will be very very helpful for my crypto career

[Human Torch @thewhaleslayer]

@SenseiBR_btc Im buying $Troll and holding to 1b mc

[Human Torch @thewhaleslayer]

@SenseiBR_btc @grok 👊

[Human Torch @thewhaleslayer]

@SenseiBR_btc $Cattle

[Human Torch @thewhaleslayer]

@SenseiBR_btc Fart coin

[MoneyTradeEdge | Better Thinking Better Trading @MoneyTradeEdge]

5 years.

8 hours per day.

15,000+ hours of hard work, mistakes, losses, failures, late nights, early mornings...

That's the cost of trading success.

[Human Torch @thewhaleslayer]

@Evecoins 🔥💸

[Peter Schiff @PeterSchiff]

If the U.S. government actually established a #Bitcoin reserve and bought 1 million Bitcoin, it might end up buying millions more. Since the U.S. government’s purchase of 1 million Bitcoin would drive the price so high, many HODLers, then worth millions or billions, would finally begin cashing out to spend their windfalls.

That would cause the market to crash, forcing the U.S. government to print even more dollars to buy more Bitcoin to prevent the price from crashing, thereby diminishing the value of its Bitcoin reserve. Of course, a reserve of something you can never sell and must continuously buy is worthless as a reserve. To maintain the pretense that its Bitcoin reserve has actual value, the U.S. government would be forced to keep buying, destroying the value of the dollar in the process.

This would mean Bitcoin prices would keep rising, and the U.S. government would have to print even more money to buy more Bitcoin. Ultimately, so many dollars would be printed to buy Bitcoin that the U.S. would experience hyperinflation, rendering the dollar completely worthless. Once the dollar is worthless, the U.S. could no longer keep buying Bitcoin. Instead, it would have to sell all the Bitcoin it holds to try to pay its bills, leading to the complete collapse of Bitcoin. In the end, Bitcoin would have succeeded in destroying the dollar. But the victory would be short-lived, as Bitcoin would be destroyed along with it. At least those who sold to the U.S. government to buy real assets would be rich. The people who never sold their Bitcoin, or kept their savings in dollars, would be completely wiped out.

It goes without saying that this scenario would be an unmitigated disaster for the U.S. That's why it's highly unlikely that a Bitcoin reserve will ever be established, let alone built up to the level suggested by RFK.