Crypto

What do you think about Crypto Currencies?

  • What's Crypto?

    Votes: 10 19.6%
  • Crypto is legit and it's the future.

    Votes: 26 51.0%
  • I know about it but I'm scared and no plans to buy.

    Votes: 15 29.4%

  • Total voters
    51

jon coleman

in n out.double double w cheese
Joined
Jan 17, 2019
Posts
14,129
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sandiego
i say buy at least a thousand shares of Charmin, also vodka, whiskey& tobaco products too, ' bartering ' does put food on the table.i see a good old fashioned war to set things straight😉💀
 

Bro_Gill

Live. Laugh. Love.
Joined
Dec 5, 2007
Posts
16,826
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Big Bear, CA
"To kick off Covid, China devalued the Yuan."

And they have pretty much banned the use if Crypto for in country monetization. China is going to try take the U.S. down the same way the U.S. took down the U.S.S.R., by breaking us financially. Can it happen? Maybe, depends on how loyal our 'Allies' stay in this economic war. And we are already seeing a proxy soldier push this with Russia and Germany. China knows its future will depend on access to materials needed to make crap to sell to the countries it wants to control. That means taking control of the South China Sea, so they have been pushing. New Zealand appears to be a patsy. In Europe, it looks like Germany will be a patsy. They are working on a few others. This will create a need for the U.S. and a few other countries to have to ramp up spending to attempt to convince China and Russia to stop being so adventurous. China is going to ramp up using human capital, not financial capital. They view human capital as expendable and cheap. Russia will simply be putting old military surplus to use in a show of force, not really thinking they can 'win' a conflict, but thinking most on the other side don't have the stomach to actually fight. A bluff play. Anyway, the longer it goes on, the better for the non-crypto side.
Man, talk about timing!

 
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jon coleman

in n out.double double w cheese
Joined
Jan 17, 2019
Posts
14,129
RDC Crypto
8,910
Location
sandiego
ccp projection, they are spread thinnn around the world, one domino& the whole belt& road imploads, then when ccp tries to collect......aaaah , no., cant wait for a ccp chyneez military port to be built in havana, interesting times...
 

jon coleman

in n out.double double w cheese
Joined
Jan 17, 2019
Posts
14,129
RDC Crypto
8,910
Location
sandiego
went to buy a bag of cheetohs at the liqour store at windNsea, 2 dollars!, not the big bag, just a little one,he said they are going up again next week to 2.19$, i said just round it to an even 3 bucks , for a little bag of frikkin cheeetohs!!!!🐯
 

Robin Hood

Well-Known Member
Joined
Feb 27, 2007
Posts
1,669
RDC Crypto
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Location
Tucson, AZ
To beat the casino is not to set foot in it. Same holds true with Fiat.
You hold your private keys right?

I personally believe you should have cash on hand at all times.

I recently bought a hard wallet but have not moved anything to it yet. So much to do and so little time.
 

jon coleman

in n out.double double w cheese
Joined
Jan 17, 2019
Posts
14,129
RDC Crypto
8,910
Location
sandiego
yes, Always keep cash at the ready, that last big power outage in sandiego everyone was trying to buy beer at the local liquor store, with there plastic!, aaaah no, cash only budd( and Always have a decent amount ready after the crash, in 2009-10, cash was king for All kinds of killer deals👍
 
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Tube ride

Well-Known Member
Joined
Mar 12, 2016
Posts
2,177
RDC Crypto
4,015
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Las vegas
D20CC9BF-359D-468D-99C5-751CDBBB51F2.jpegMy precious metal investment portfoliois getting heavy!
 

Argentino

Well-Known Member
Joined
Dec 6, 2020
Posts
410
RDC Crypto
685
Location
Vegas
An exchange that offers "Custody" is nothing more than a centralized bank who is a direct enemy of any cypherpunk. Coinbase is one of those exchanges. To keep your assets on an exchange is dangerous enough, but to allow a govt back door custody, is plain stupid.

Coinbase recently had a "hack" that made accounts go through the roof. How could this happen? Answer is... It can't. That should be sign enough for people to realize that if the account can go to the moon accidentally that it can go to ZERO purposefully. When Wall St began trading futures on BTC, I was out. On to the next I failed spelling coin to pump.

I'm going back to my roots and grabbing up all the physical PM I can get my hands on. Otherwise, I'm letting the bank take the hit and I've got them leveraged to the the max so if this ship sinks, I'll jump on my life raft and drift away.

My guess is they try and turn 'tether' into the actual digital dollar. Problem with this is that anyone who has been around long enough knows that 'tether' is compromised in exactly the same way the US dollar is. Odd, they share that similarity.
 

dan200

wholesome chickens
Joined
Aug 28, 2007
Posts
16,697
RDC Crypto
10,778
Location
Tempe, AZ USSA
was listening to a podcast where a dud explained that home ownership was inventred by the banks so we would borrow money to buy them.

I'm glad I bought my place 15 years ago but still.

I hate how much the world controls me without me knowing it.
 

E.Hagle

Well-Known Member
Joined
Mar 5, 2020
Posts
1,016
RDC Crypto
2,181
Location
Somis, CA
was listening to a podcast where a dud explained that home ownership was inventred by the banks so we would borrow money to buy them.

I'm glad I bought my place 15 years ago but still.

I hate how much the world controls me without me knowing it.
It makes me sick to my stomach when I go on google and look up a mortgage calculator. If you borrow $500k over the course of 30+ years you end up paying back over $1mil. Seems criminal to me but everyone has been going along with it for this long.

I wish things were more simple. I daydream about utopian style society all the time. If I could stake out some land in the forest and build my own house with my own materials, I would be there now. But the pitfalls of small society have already run there course and there’s a reason why that’s not a very popular way of life anymore. Innovation is hard when you’re removed from the rat race. People like shiny new things that they trade Monopoly money for.

In my eyes our society began to fail when we all agreed upon becoming consumers, and no longer had the natural pressures to be self-reliant producers.
 

Klaus

Administrator
Joined
Mar 22, 2001
Posts
19,547
Solutions
1
RDC Crypto
6,617
Location
Nuevo Arenal
was listening to a podcast where a dud explained that home ownership was inventred by the banks so we would borrow money to buy them.

I'm glad I bought my place 15 years ago but still.

I hate how much the world controls me without me knowing it.
Who is Larry Fink?
 

dan200

wholesome chickens
Joined
Aug 28, 2007
Posts
16,697
RDC Crypto
10,778
Location
Tempe, AZ USSA
Who is Larry Fink?
I don't remember where I heard it. I recently started on Joe Rogan pod casts and it was probably on there or someone he referenced.

Wanna have your mind blown about the reality of us all thinking we have free thought when we actually don't?

Check out the book "The power of habbit" by Charles Duhigg.

BTW- I have a phone app called Libby. Its like amazon audible but links to the public library and its free besides the fact you have to physically walk into a library and get show ID and a power bill and get an actual library card. Anyway, its free and pretty good. I listen to lotsa audio books when I am on the road. Libby lets ya download books so they work off line. Thats where i read (errrr listened to) that book. Twice. I was soo mad I had to play it again. Total mind fucccc...
 
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Klaus

Administrator
Joined
Mar 22, 2001
Posts
19,547
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1
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Nuevo Arenal
I don't remember where I heard it. I recently started on Joe Rogan pod casts and it was probably on there or someone he referenced.

Wanna have your mind blown about the reality of us all thinking we have free thought when we actually don't?

Check out the book "The power of habbit" by Charles Duhigg.

BTW- I have a phone app called Libby. Its like amazon audible but links to the public library and its free besides the fact you have to physically walk into a library and get show ID and a power bill and get an actual library card. Anyway, its free and pretty good. I listen to lotsa audio books when I am on the road. Libby lets ya download books so they work off line. Thats where i read (errrr listened to) that book. Twice. I was soo mad I had to play it again. Total mind fucccc...
Our mind and how to control it (self amd others) is my past time hobby for a while now. The downside is that once you see the world without filters you realize how lost everyone truly is. That includes self btw...not trying to come over as special.

Anyone could study up on the basics on how your own super computer (brain/mind) works, yet they don’t. Its scary to free yourself. Most are not willing to go there.

habits is simply pre-compiled actions that require little cpu resources. Computing original thoughts has a hight thinking resource cost. Discipline is freedom says Jocko Willink.
 

Goober

Well-Known Member
Joined
Jul 11, 2006
Posts
1,698
RDC Crypto
341
Location
San Diego,Ca
It makes me sick to my stomach when I go on google and look up a mortgage calculator. If you borrow $500k over the course of 30+ years you end up paying back over $1mil. Seems criminal to me but everyone has been going along with it for this long.

I wish things were more simple. I daydream about utopian style society all the time. If I could stake out some land in the forest and build my own house with my own materials, I would be there now. But the pitfalls of small society have already run there course and there’s a reason why that’s not a very popular way of life anymore. Innovation is hard when you’re removed from the rat race. People like shiny new things that they trade Monopoly money for.

In my eyes our society began to fail when we all agreed upon becoming consumers, and no longer had the natural pressures to be self-reliant producers.
How much of that mortgage is a write off?
 

dan200

wholesome chickens
Joined
Aug 28, 2007
Posts
16,697
RDC Crypto
10,778
Location
Tempe, AZ USSA
habits is simply pre-compiled actions that require little cpu resources.
That book I mentioned- you will love it. Its a bunch of different stories about habits and tricks with them that we plan and have been played.

What if I told you that the entire world was tricked into using toothpaste? Because we were.
 
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