Pack member Rob H. brought this up at last week’s Office Hours, and it deserves its own thread (as well as some attention from The Narrative Machine).
I think the most interesting part of the burgeoning UFO/UAP narrative is that it is clearly being driven by the Defense Dept.
I also think the only things DOD truly cares about today are China and budgets.
Why am I reading this NOW?
— Ben Hunt | May 23, 2021 | 9:12am
The Bitcoin Is Art thesis that I put out back in 2015 (The Effete Rebellion of Bitcoin) and recently put forward again (In Praise of Bitcoin) is finding a lot traction recently in mainstream publications like Bloomberg and the Wall Street Journal. I don’t think I’ve ever started a Narrative snowball before … it’s a weird feeling!
They say imitation is the sincerest form of flattery. I guess.
Bitcoin Is a Lot Like the Art Market (Bloomberg 5/21/2021)
Both cryptocurrencies and contemporary art rely on scarcity and hype because they have no other real value — though crypto has less price control.
Bitcoin Is More Modern Art or Religion Than Money (Bloomberg 5/21/2021)
Like a shark suspended in formaldehyde, it has value only if we believe it does.
Yes, Bitcoin Is Useless. Many Will Say: So What? (WSJ 5/24/2021)
Cryptocurrencies may ultimately have no intrinsic value, but humanity’s love for useless things means they aren’t necessarily worth nothing.
— Ben Hunt | May 24, 2021 | 7:10 pm
An ET Pack member sent me this. Anyone else come across ads that directly call out inflation expectations? Would love to collect more screenshots like this!