Natural Freedom

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 Post subject: Gamestop
PostPosted: Wed Jan 27, 2021 10:56 pm 
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Joined: Fri Jun 18, 2010 11:55 pm
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Location: Canada
Have you seen Gamestop stock?

Do you think the redditors will begin to look into the bullion banks? :geek:

They lack the physical to settle the contracts.

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"The heart is deep beyond all things, and it is the man. Even so, who can know him."


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 Post subject: Re: Gamestop
PostPosted: Thu Jan 28, 2021 9:53 pm 
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Well, I take it like this:

1. Trump (insert any name here) saying something (insert any insult here) on social platforms.
2. Big corps / Twitter / FB ... censoring / banning 1. on all platforms.
Opposite people of 1. cheering.
People liking 1. complaining.

Here:
1. "People" (a feud between amateur day-traders meming on Reddit and big hedge funds placing) "manipulating" the market on Gamestop.
2. RobinHood [what an unfitting name for this story] blocking access to trade (shorting) for 1..
Haven't seen any one cheering. :mrgreen: They must count all the money they made on those "small" investors.

As you say about bullion banks and the physical to settle the contracts, I say about the complete control that we let some people have over "us" [read, our money, our time, our thoughts / "data", ...] (Banks / big tech / ...).
Decentralized exchanges exist for Cryptos at least...

The want of "immediate gain" makes us commit many sins.
Yet when you fall down that hole, whether censorship for those you don't agree with, or forbidding / forcing / segregating things to a certain type of people.
We'll all get wrecked.

Not sure if sadly of hopefully though...
If that leads to people reclaiming their sovereignty, then I'm all up for this kind of fuckery.
Tactics as old as mythology I suppose ;)

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"The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn."
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 Post subject: Re: Gamestop
PostPosted: Thu Jan 28, 2021 11:35 pm 
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There is one crypto called Theta I am looking into.

The internet can be turned off though, something you hold in your hand cannot.

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"The heart is deep beyond all things, and it is the man. Even so, who can know him."


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 Post subject: Re: Gamestop
PostPosted: Fri Jan 29, 2021 6:52 pm 
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Altair wrote: *
There is one crypto called Theta I am looking into.

The internet can be turned off though, something you hold in your hand cannot.
I agree on both sentences :)
That said, when / if internet is turned off, I'm thinking that whether you hold crypto or metals will not be very different.
Probably a good idea to have both ;)

One video that might be interesting to you (as it was for me) : Solutions: Survival Currency by Corbett Report (1H)

Edit : a 6 minute video that explains the situation : GAMESTOP PEASANT REVOLT 2021 EXPLAINED: reddit vs. wall street by reallygraceful

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"The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn."
Alvin Toffler


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 Post subject: Re: Gamestop
PostPosted: Sat Jan 30, 2021 1:35 am 
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Could it be they will pump the metals to get people to sell so they can lock it out of the market?

Thus opening a spot for a completely controllable crypto.

We won't know what anything is worth if the exchanges go down.

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"The heart is deep beyond all things, and it is the man. Even so, who can know him."


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