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Monday, 05/20/2024 10:16:29 AM

Monday, May 20, 2024 10:16:29 AM

Post# of 58831

THE COLLAPSE IS HAPPENING 🚨
The collapse of fiat money has already begun. All over the globe.


Yet most people are completely unaware.

That’s the latest warning out from Cathie Wood.🚨

Cathie Wood
Cathie Wood is the founder and CEO of ARK Invest - the third largest Bitcoin ETF issuer.

In her latest update to investors, Cathie pointed something out:

We are seeing major global currencies collapse.

Right at this very moment.

“I’m just looking at the devaluations that are taking place around the world. Many people don’t know about them because they’re not hitting the headlines.”


Cathie Wood
She’s not wrong.

In just the last 2 months, we’ve seen two major currencies plummet in value:

First off, the Egyptian pound, which fell 40%. They had to be bailed out by the UAE.

egy1
Egyptian Pound collapses 40% in March

Earlier this month, we saw the Yen tumble to a 34-year low.


Japanese Yen collapses

It’s clear that modern monetary systems are broken.

Throughout history, 1 thing is inevitable: fiat currency collapses.

Again & again & again.

However, this time around, Cathie argues another factor is at play.

For the first time in human history, there’s an alternative.

“I think one of the things that's going on is Bitcoin. There is an insurance policy out there. These poor people that have their wealth and purchasing power in that 1 currency are learning everyday: ‘I have to change this.’ Now they have a way to do so. If they have an internet connection. That's pretty exciting.”


Cathie Wood
Looking back in 10 years, it will be obvious.

Yet so few are paying attention.

A reminder - Cathie Wood has a $1.5 million dollar price target for Bitcoin, by 2030. 🔭

Bullish
Bullish

When you're dead, you don't know you're dead. The pain is felt by others. The same thing happens when you're Stupid.

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