Posts Tagged ‘kim dotcom’

Kim Dotcom: Buy Bitcoin & Gold Pre-Crash

Posted by admin on Sunday, July 12, 2015

Kim Dotcom Money Quotation saying the default of Greece could be an economic crisis causing gold and bitcoin to rise sharply in value. Kim Dotcom said:
 
Kim Dotcom Greece bankruptcy will trigger a market crash. My advice: Buy Bitcoin & Gold, Both will rise when the markets crash quote
 

“Greece bankruptcy will trigger a market crash. My advice: Buy Bitcoin & Gold, Both will rise when the markets crash” — Kim Dotcom

 

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Kim Dotcom advised that a Greek bankruptcy would trigger a market crash. He recommended buying bitcoin and gold because both would rise in value when the markets crash.

Greece’s bankruptcy required the biggest financial rescue of a bankrupt country in history, indicating it was a significant economic event.

As of 2019, Greece had only repaid around 41.6 billion euros of the debt from its rescue, and has scheduled debt payments extending beyond 2060, showing the long-term effects it has had on Greece’s finances.


 

Kim Dotcom: Markets Fueled by Fantasy

Posted by admin on Friday, July 10, 2015

Kim Dotcom Money Quotation saying fiat currency fuels stock markets by mutual fantasy and no reality. Kim Dotcom said:
 
Kim Dotcom Markets are a fragile fantasy fueled by printed money that isn't linked to real value quote
 

“Markets are a fragile fantasy fueled by printed money that isn’t linked to real value” — Kim Dotcom

 

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In this quote, internet entrepreneur Kim Dotcom is expressing a skeptical view of financial markets and modern monetary systems. His perspective seems to be that markets are vulnerable structures based more on perception and confidence than tangible assets, since they are “fueled” to a large degree by money created through central bank policies rather than commodity backing.

Dotcom implies this money lacks “real value” and is ultimately a social construct vulnerable to shifts in sentiment. His view appears to be that markets exist in a precarious state maintained by collective belief in a currency “fantasy” detached from material wealth.

The quote conveys Dotcom’s belief that current financial arrangements are not as concretely grounded or stable as commonly assumed, and are dependent on perceptions remaining positive among those participating in the “fragile fantasy” of market valuation and currency trust.

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