bitcoin is almost to $50,000. Clearly lots of people have trust in bitcoin, I certainly dont to be clear.

Bitcoin shouldnt be compared to fiat currency but rather metals like silver and gold. It's an investment strategy if you expect the traditional investments to crash and burn.

How can the stock market be doing well when everyone is locked down or social distancing and not consuming. It's mandatory low consumer confidence.

We do know for a fact we have another global recession and high unemployment. My country's state news only a few months ago was saying that covid-19 internment camps are disinformation: https://www.cbc.ca/news/politics/covid-19-internment-camps-d...

But then was forced to reveal the truth about the one in calgary but we know there are many others: https://www.cbc.ca/news/canada/calgary/calgary-hotel-quarant...

My country has stopped revealing how much money they are spending: https://tradingeconomics.com/canada/money-supply-m0

https://tradingeconomics.com/canada/central-bank-balance-she...

Our private debt to gdp is insanity: https://tradingeconomics.com/canada/private-debt-to-gdp

So our government is hiding financial numbers. We do know our debt situation is now worse than Greece at it's worse. We have internment camps and our 2 week lockdown is effectively going on 1 year now. My city has effectively gone into lockdown and never reversed course in any appreciable way. We are all in our own internment camps.

No wonder bitcoin is sky high.