Face it, when it comes to Bitcoin and most cryptocurrencies there IS no middle ground. Ie… either one is 100% for it, or 100% against it. In fact very few individuals who have taken a deep dive into the history of cryptos have come away with more answers than questions such as in why did it emerge in the very same month as the stock market crash of Nov. 2008, and why was Jeffrey Epstein of all people an early adopter and promoter of Bitcoin?
Thus attempting to even discuss the future of cryptocurrencies in a rational manner has unfortunately gone long past its shelf life because the industry has fallen into the realm of that faddish new term, Mass Formation Psychosis.
For those who do not know the origins of this term, it was mentioned by Dr. Malone recently in his interview with Joe Rogan, and relates to an individual or event by which even intelligent or rational people fall prey to the narratives being pushed by said subject. Two great examples could be the German people morphing into genocidal killers under Nazism, or politicians in California falling under the spell of Jim Jones during the 1970s.
So what exactly does this have to do with silver and the silver markets? To answer this I stumbled across a fascinating and riveting interview yesterday over at the Morgan Report which outlines some very close ties between Bitcoin’s emergence, Jeffrey Epstein, Jamie Dimon, and J P Morgan’s sudden shift towards accumulating the largest silver hoard in US history while at the same time vilifying it both publicly, and to internal clients.
Here is that interview.