
Tariffs? More Like Target Practice!
They're talking tariffs again. Makes me wanna grab my bow and arrows head back to the jungle. But instead they want me to talk about Bitcoin. Seems this 'Bitcoin' hasn't taken as much of a beating as these 'equities' the last few weeks and that's good right? But it hasn't gone up like gold either. 'Live for nothing or die for something,' right? Well Bitcoin's kinda just… existing.
One Percent?! I've Seen Better Action from a Turtle!
Up one percent for the month? One lousy percent?! I've seen slugs move faster. Remember that time I had to get from point A to point B in the jungle? Let me tell you I had better gains than one percent and I only had a knife!
Volatility: It's Not Just a State of Mind It's a Way of Life!
Volatility they say. The S&P 500 down nearly 4% gold up 6%. Gold is shining brighter maybe they are on to something... Seems like this 'Trump' guy announced some tariff plan on April 2nd and everything went sideways. Happens all the time. 'To survive a war you gotta become war.' Same goes for the markets. 'Get tough when you need to be tough.'
Adoption? More Like Adapting!
This 'Novogratz' fella from Galaxy is saying Bitcoin's got two stories: macro stuff and adoption. Says the adoption story needs more calm. 'When there's this kind of chaos the new buyers disappear.' Makes sense. People get jumpy they run for the hills. Or in this case gold.
Digital Gold? More Like Digital Lead!
They call Bitcoin 'digital gold'. A hedge. Something safe when the world goes crazy. But some folks at 'Bernstein' say it trades like a tech stock. All I know is if I needed to hide something valuable I wouldn't trust it to some computer code. Give me a hole in the ground and a good map any day.
Institutions: They're Coming... Slowly!
Seems like these 'institutional' types are starting to buy in a bit with the Exchange Traded Funds. But according to Novogratz they pull back when things get hairy. 'They go backwards. They pull in.' Institutions need to be ready war is coming. It is better to be prepared. That is all I have to say. Oh and if you want to learn more go to some thing a ma jig event on June 12th in the New York Stock Exchange!
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