Fire Hydrant of Freedom

Watch the inflows. Things are moving again

We had discussed that after April, the filings would show who's buying BTC ETF's.

Here's a thread by Eric Balchunas of Bloomberg

https://twitter.com/EricBalchunas/status/1790885903084216627

Now the US changes its tune on India. First, India was villified for buying Russian oil, now the US claims, they wanted India to buy Russian oil all along. Apparently India is a loyal country to America.
American Amb Garcetti
https://twitter.com/i/status/1789536197657641184

Mr.Dhume is a well known India basher, sort of like a democrat who cant stand Republican achievements.

"Despite this progress, India still faces many challenges. Here’s the glass-half-empty version of the story: India’s economic performance looks much less impressive when contrasted with that of other countries. India’s per capita GDP ($2,730) is about 1/30th of America’s ($85,370) and about one-fifth of China’s ($13,140). Indermit Gill, chief economist at the World Bank, estimates that at current growth rates it will take 75 years before per capita GDP in India reaches a quarter of the U.S. figure.

And there’s no guarantee this will happen. According to World Bank research, most poor countries hit a wall at 10% of U.S. per capita GDP. At current growth rates, it could take decades for India simply to catch up with Indonesia, which has a per capita GDP of $5,270."

There is much that can be discussed re: this passage of his. Fair to say, India will be the 3rd largest economy within the next 3 years, ahead of Germany and Japan. Thats good enough for the present.

Please see projected baseline  monthly returns for BTC. We are in the 5th epoch. Note the Standard Deviation too. The full article can be read here. BTC follows the power law, will post it  later. Per the article, the CAGR is 35 %/year for the next 4 years. This jives with the calculator that I posted earlier. https://substack.com/home/post/p-144303111

Here are the demographics of India vs China. In the long run, India will beat China

Biden just insulted India and Japan, said their economy is stagnating because they dont take in immigrants and are xenophobic.

fact: India has the fastest growing economy in the world. US had made adverse comments when India gave citizenship to non-muslims from Pak and Afghanistan!. India gets a lot of illlegal immigration from Bangladesh & Myanmar (muslim Rohingyas).

Watch for decentralized ID. MSTR is the company and BTC is the medium. https://bitcoinmagazine.com/technical/dids-built-on-bitcoin-fix-the-web

This interesting tweet on the Yen and BTC. Please read it carefully. There is no out, just one of two bad outcomes for Japan and soon for the USA.

https://twitter.com/stackhodler/status/1785592330377896205

She shot her puppy, and her foot.

Hong Kong ETF goes live next week, its a smaller market than the US. Consolidation for now.

Not sure, if I posted this earlier, but worth a re-read.

https://twitter.com/stackhodler/status/1763500294481092952

BTC ad. Coinbase has always been anti BTC, because they made their money from $hitcoins. But now even they are changing.
https://twitter.com/i/status/1782231740368507218

To confiscate Russian assets, the bill must be approved in the Senate too.

Wokeness is destroying America., will leave it at that!.

This presents a different angle. Choose your number, as to how how high BTC goes this cycle. Blue, Red or Green line (previous BTC runs after the halving). This time we have the institutions joining in, Hong Kong going live with in kind BTC ETF this month for capturing Eastern money flows, countries starting to buy/mine BTC.

I was impressed with the understanding of India by Alexander Dugin, a Russian thinker close to Putin. His understanding of things is very close to that of the Indian mind. Have not seen any other Western commentator, and definitely no American commentator with this level of accuracy. Dugin by the way says Russia should side with China!, which may be the correct response for Russia.

https://twitter.com/Agdchan/status/1781435242865123423

delete

I posted 2 images, nothing critical.

The BJP released their 2024 Election Manifesto. No direct mention of POK (but that would not be a good idea, as it would give the timing away). The below national defense related items were listed.

1.Continuing Zero Tolerance towards Terrorism: This is directed at Pak. They remind the readers of 2 previous surgical strikes against Pak.
2. Theaterization of Military Commands: For better efficiency. This will help in the next big war, and is China oriented. They have to be prepared for a two front war with Pak-China, along the NW borders, Eastern borders and in the sea.
3. Robust Infrastructure along the borders. They specifically  refer to India-Pak, India-China and India-Myanmar borders.
4. Reinforcing fight against drugs: This is Pak oriented, who sends a lot across their border.
5. Implementing the new Indian Penal Code: India used the old British rules, these have been updated to present times to deal with Terrorism and anti-national elements.
6.Implementation of the CAA: This is the new Citizenship act, where minorities (non muslims) of previous Indian territories (Pak, Afgh, Bangladesh) who sought shelter in India are given citizenship in India.
7. Enhance capabilities of armed forces and central armed forces (police) to deal with any threats.
8.National Forsensics Mission: To speed up crime related decisions.
9. To protect India's (Bharat) security interests in the Indian Ocean. This is China focussed.
10. Safeguarding India's Digital Sovereignty: This relates to internet based threats. India has low tolerance for misuse of FaceBook etc. Tik-Tok and tons of Chinese apps are banned.
11. Developing Robust Cybersecurity Policies.

Overall, all this is needed before we can fight China, but should the opportunity arise POK will be taken. Modi and the defense minister have said that many times. When the people of POK start demanding to merge with India, we will know its time.

aka, US shot itself in the foot. Who's winning now ?. The rise of gold portends lack of confidence in govt.



and then see how BTC does wrt to Gold

Hong Kong BTC ETF expected to trade by end of this month. This will bring a lot of Chinese money.

https://cryptonews.com/news/hong-kong-poised-to-unveil-first-spot-bitcoin-etfs-on-april-15.htm

Each time BTC has closed for 2 months over the upper Bollinger band, it has doubled over the next few months. Interesting times ahead