Notes From Gordon 250206: Bitcoin Trojan Horse

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Bitcoin Trojan Horse

The degree to which the G.R.I.D.* is gaming the dollar’s role as “global reserve currency” in attempting to sustain a declining empire is not to be underestimated.

I have long contended that there are two parallel economies: one visible and accounted for in annual budget reports, and one hidden where trillions go missing… with payoffs to the swamp to look the other way.

Enter Bitcoin as a strategic national security asset. Just another carnival cup for the deep state to hide the pea under. BTC is a great speculative vehicle for investors who can stomach the ride, but about as useful a long term store of value as a Federal Reserve Note.

I thought I’d take a break from my usual snark infested social commentary and share a video that I really enjoyed.

Here Daniela Cambone interviews Matthew Piepenburg from Matterhorn Asset Management AG in which he “argues that Bitcoin and Tether are not truly decentralized but part of a broader financial and intelligence strategy led by governments and central banks.”

Bingo. At one point while speaking of the nefarious future of digital money, Piepenburg—who loves gold—refers to it as an analog pet rock. Excellent!

My take: would-be retirees who don’t diversify their destined-to-be-doomed dollar nest eggs into precious metals and other hard assets are going to regret not doing so.

In my world there is risk in holding bullion metal bars and coins since a full financial meltdown could see Uncle Sam nationalizing the entire precious metals complex. IMHO, highly graded, rare gold and silver coins (numismatics) are the far better choice.

Here’s the video interview. Well worth a watch. Enjoy.

G.R.I.D. = Government. Religion. Illness. Debt.