If you are referring to Gemini Earn, they take your GUSD (or other currency) and take a spread then lend it to Genesis, who takes a spread and then lends it to big institutions. None of this is insured.

https://support.gemini.com/hc/en-us/articles/360056367771-Ar...

What?

Counterpoint -- only poor people might even consider this topic.

I'm having a hard time parsing your sentence. Do you mean only poor people would want to raise taxes?

| subscriptions that cost $36 per month and $43 with delivery.

| For that, subscribers get a 3-pound mix of greens and vegetables every week.

$43 a month gets you 12 pounds a month with delivery which comes to $3.58 a pound ($3 without delivery).

Depending on the vegetables that's a great price.

Fixed

how could it be uncorrelated when investors are using the same source of funds (stimulus checks and low interest rates) to bid on both assets

Bitcoin is more international, perhaps? It's certainly easier for many to acquire than a mix of American stocks. Of course, the US is the largest part of the cryptocurrency market and if they thrash about in the pool, it should at least result in some ripples.

The entire world invests in s&p500 and global indices.

This simply isn't true. I live in Thailand. Most locals here don't have access to US stocks, or don't know that they do. Young people here have a Thai stock trading app (for the SET, which is the exchange) on their phone and another one for their domestic cryptocurrency exchange of choice. I think very few of them are buying AMZN or TSLA.

I'd bet fewer than 3% of the population here are buying US stocks.

You cannot fill two buckets at the same time. You're right though that from bird's eye view, they are both correlated with the overall amount of available money.

Agreed

Maybe just a sign you can’t even give RDR2 away for free ;)

Don’t jinx yourself

"who have bought into BTC"