peruvian_bull on Nostr: Want to know a shocking fact? Our stock markets are fractionally reserved. For ...
Want to know a shocking fact?
Our stock markets are fractionally reserved. For decades, ever since the inception of electronic book entry, the creation and dissemination of synthetic shares has been common place.
Thousands of companies have been naked shorted into the dust, if their business plan or go to market strategy was not in line with what certain powerful people wanted.
Richard Simpson, who was an investor in global links in 2005, bought the entire float and more of the stock, and moved it into his brokerage account. Over the next two days 50 million shares traded.
This is not new or unique to just this small company. Many popular household names, like GameStop, Toys “R” Us and Sears have been naked shorted into the ground in a bid to push them into bankruptcy and scoop up their assets for the cheap.
Realizing this makes you lose faith in the stock market. If the shares you hold aren’t real then is any asset real?
The answer is bitcoin. 1 million GameStop apes stand ready to be told the truth and move their wealth into an asset that can’t be debased, rehypothecated, or synthetically printed.
The GameStop meme is about much more than than the company. It’s about the awakening of an entire generation.
Published at
2024-05-25 20:28:55Event JSON
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"content": "Want to know a shocking fact?\n\nOur stock markets are fractionally reserved. For decades, ever since the inception of electronic book entry, the creation and dissemination of synthetic shares has been common place. \n\nThousands of companies have been naked shorted into the dust, if their business plan or go to market strategy was not in line with what certain powerful people wanted.\n\nRichard Simpson, who was an investor in global links in 2005, bought the entire float and more of the stock, and moved it into his brokerage account. Over the next two days 50 million shares traded.\n\nThis is not new or unique to just this small company. Many popular household names, like GameStop, Toys “R” Us and Sears have been naked shorted into the ground in a bid to push them into bankruptcy and scoop up their assets for the cheap.\n\nRealizing this makes you lose faith in the stock market. If the shares you hold aren’t real then is any asset real?\n\nThe answer is bitcoin. 1 million GameStop apes stand ready to be told the truth and move their wealth into an asset that can’t be debased, rehypothecated, or synthetically printed.\n\nThe GameStop meme is about much more than than the company. It’s about the awakening of an entire generation. https://image.nostr.build/5e88d8aabdb0a8e393ef3ab5d01fcebca1eb1611185bf09c2e02bc117ae0a7e7.jpg ",
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