UniversalMonk

joined 3 months ago
MODERATOR OF
[–] [email protected] -1 points 6 days ago

Your logic has one critical flaw: you’re assuming the dollar will have any value in the future.

So you think society is gonna collapse?! lol

You also assume there will be electricity and an internet reliable enough to keep a Bitcoin network functional. If Trump triggers WW3 and you have to barter for food, your pretend electronic money will not be worth a damn if you can’t spend it and nobody can accept it.

Oh, you DO think society is gonna collapse. Sorry man, I know you want that to happen because you think it would be a tasty revenge on Trumpers. But it's not gonna happen. Society isn't gonna collapse anytime soon. Keep dreaming!

But hey, I don't give a shit if it does or not. I'm retired. I live on my own land. I farm and garden. I have several years back-up of everything. A rain collection system, live near creek. Guns, ammo, and everything I need. Wild game close by. Dried food supply for up to 2 years.. 3 if I wanted to reduce calories. (Mormon, so we are prepared. Satanist so I ain't scared of shit.)

So bring it on!

Still won't happen though. Short-term calamities like another pandemic can tho. I was prepared for the last one, too. I didn't lose a wink of sleep or change my routine at all during covid. I had a great time, and it was honestly one of the best times in my life. Me and fam, hung out, did whatever we wanted and never had to leave my land. It was awesome!!

And I'm all stocked back up from when I used my reserves during that time. :)

But WW3 and the end of the world brought on by Trump, that Lemmy so desperately wishes for so they can say "I told you so!" ain't gonna happen, friend.

[–] [email protected] 1 points 6 days ago* (last edited 6 days ago)

I'm not fan of Trump, and I was too busy to get on that hype train. But if I would have jumped on, I would have bought a bunch in the morning. Then sold that night. Use the profit to buy bitcoin. I was actually planning to do that, but I was in vegas with my gf, and I had gambler fatigue. Tho I profited in Vegas too. I left about $3K ahead. So it was a good time.

I won't miss next one though! Cuz I'll follow thru on my strategy next time. lmao

 

As much as I would like to believe that the economic destruction will one day reverse and common-sense will prevail -- ie. from global beaurocratic bloat (governments growing year-over-year and becoming increasingly less efficient), and ie. government decisions that prioritize immediate spending to transfer wealth from the public sector (our tax dollars) to private contracts (like military spending) -- I base my decisions on statistics and probabilities.

And the statistics say that what has happened over the last 55 years, since the debt snowball accelerated in the 1970s, it will continue well into the future, as this gigantic debt snowball continues to grow and speed-up in momentum.

At this point, it would take a miracle from God Himself to reverse the coming economic catastrophe, as no human or group individually anywhere on this planet has the ability to stop it.

Lacking group consensus and determined will, which is not there, I no longer believe this global economic situation is salvageable without extreme harm to everyone.

And so, judging by past government actions and decisions, and projecting what has been to what will be, the odds favor an acceleration of money printing and inflation.

There's also a saying: "when all else fails, they take you to WAR."

The crumbling global economic mess is creating a lot of war mongering trigger-happy politicians who are, right now, increasing military spending and building up reserves of troops and munitions.

So not only will they destroy the economy, but they are adamant at distracting us with a tangent; once the wars begin, we'll forget all about the financial problems.

Needless to say, I would appreciate if this reality doesn't come to fruition, and I would willingly take a cut in my Bitcoin investments to be proven wrong.

However, I will not hold my breath for a last minute saving grace to steer us away while we're driving 300 km/h into a brick wall.

For this reason, I place my bets on Bitcoin.

 

Google requires crypto advertisers to get certified and prove they're registered as a Crypto-Asset Service Provider (CASP) under MiCA. They must also follow local laws in each country they target.

[–] [email protected] -1 points 2 weeks ago

Yes, I am asking you that question, and what does my name have to do with it. I don't understand

[–] [email protected] -1 points 2 weeks ago (2 children)

How are they suffering and dying? What makes this different than any other time?

[–] [email protected] 0 points 2 weeks ago

What?! What are you even talking about?

[–] [email protected] -2 points 2 weeks ago (6 children)

but when I look around I see people everywhere fired up to fight for positive change, people who are existentially fed up with the status quo.

Yeah? So where were they when the election as going on?

I see people that don’t want to have to wait decades for a chance at bringing democracy back and are fighting in every way they can to stop the cruel conservative destruction of society and government happening all over the world, the US included (and chiefly responsible).

Yeah? So where were they when the election as going on?

I'm having a great time and I love watching what is going on.

[–] [email protected] -2 points 2 weeks ago (8 children)

No, the things I say, and the things people like me say will change things.

Yeah? And when is this change gonna happen? Lemmy users aren't gonna look up from their vid games long enough to make any change happen. They'll bitch about it on Lemmy. They'll downvote posts they don't like. They'll upvote all talk of a revolution.

But none of them will do it. There will be no change. Look around. lol

[–] [email protected] 1 points 2 weeks ago* (last edited 2 weeks ago)

You should be banned, You just come here to troll--which is a violation of your instance.

EDIT: Oh, it looks like you were banned here just now! Deserved.

[–] [email protected] -1 points 2 weeks ago (10 children)

Sure, but nothing you said is going to change anything. People are going to continue to gamble. And by cryptocoins. And listen to the U.S. Treasury Secretary. Regardless of how mad you are.

I totally support your right to your opinion. But the majority disagree with you.

[–] [email protected] -1 points 2 weeks ago (12 children)

Well, it's the U.S. Treasury Secretary. Not that you're wrong, but people have been saying that about Bitcoin for years.

I'm biased of course since bitcoin helped me retire early, but I don't think it's so much a "scam" as it is another form of gambling. Only buy as much as you can afford to lose if it all goes belly up.

But Bitcoin isn't really anymore of a scam than the stock market these days. Both are gambling. Both involve people richer than us. Both involve computers/ai. And both an help ya out if you are cautious, wise, and watch the market closely.

But I def paid off my house before I fucked around with any of it! lol

[–] [email protected] -1 points 2 weeks ago

This is good news for bitcoin! And me. :)

[–] [email protected] -1 points 2 weeks ago

This is good news for bitcoin!

view more: next ›