The petrodollar is dead. The fact that the US military let refineries get taken out is the nail in the coffin. The US government/military failed to hold up its end of the bargain. And to make matters worse, we let our insane friend, Israel, do horrible things in the process. Black rain falling from the sky because Israel intentionally hit those oil depots will be something that people don’t forget. The girls school getting bombed won’t be forgotten either. A crass disregard for human life that sticks either people. Even with WTI at $102 oil is under priced. It’s going much higher. Bitcoin at $68,000 is completely mispriced. The decades old implicit petrodollar agreement has been broken. A digitally native neutral monetary protocol that can’t be controlled by any one party is one of the most valuable things in the world at the moment. Bitcoin’s price does not reflect its value at all right now. It’s going much higher.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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