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MikeCristo8
@MikeCristo8
ALERT ALERT ALERT The collapse of Bitcoin will come when the sovereign bond market collapses.
The Fed ending BTFP all coincides with Basel III In that the Bank of Japan must be Basel III compliant by March 31st, 2024 (this month) Janet Yellen will need to issue $5 trillion in new bonds this month (March).
That’s NEVER going to happen for her. At a time when foreign dollar holders are repatriating their ($150 trillion) dollar reserves to buy back their own currency from the U.S. Treasury.
EXAMPLE: Iraq is using their U.S. dollar reserves to buy back their Dinar from U.S. Treasury which is pushing the exchange rate of the Dinar up considerably. Then those countries are using *that currency exchange swap to acquire the renminbi in the 4X for the oil trade. (Foreign dollar holders are just using those dollars to swap out for renminbi)
This is why Japan is ending negative rates, where the Bank of Japan uses their Dollar reserves (bonds) to buy back their yen from the U.S. Treasury. Japan raising rates means they’re going to collapse their bond market. (Basel III) Bitcoins intrinsic value is ZERO. There IS NO Bitcoin without Dollar liquidity. (i.e. U.S. Treasury bonds) Whomever is buying UST bonds with yen is a shadow bank.
This is where the QFS comes in.
The U.S. Dollar is likely to crash this month.
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(Photo courtesy of @frankoz95967943 @FixTheFed @USTreasury @SecYellen @federalreserve @thesiriusreport@rawsalerts@WhiteHouse @BarackObama @MichelleObama @HillaryClinton @BillClinton @ecb @JoeBiden @KamalaHarris @Lagarde)
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