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54 sats \ 5 replies \ @SatsMate 3 May \ on: How Does Your Debt Compare? U.S. Average Credit Card Debt In 2025 econ
My average credit card debt per month is about $1000 but I pay it off fully every month. I can't wait for this system to burn to the ground, credit cards are not good for society - as it encourages bringing consumption forward at the expense of tomorrow.
I think broad based tariffs will hurt us and the economy, although if there are specific countries where we can surgically target a specific industry or something that we want to reshore - there is alot of value in that.
This was literally my exact "regret". I know people that don't start traveling until they are retired though, so 26 is still pretty good! I definitely wish I left the nest sooner and started traveling. Nevertheless, I am on that travel kick now!
I never really traveled anywhere out of the country until I was 25/26. I'm currently 31, and ever since then I have traveled all over the world.
It has been something I love doing, and wish I would have started sooner. I'm still traveling, but eventually we are going to have kids and the Swiss/Croatian trips may slow down. All in all, that is one thing I would have ramped up more with hindsight. I think things have turned out pretty well though :)
While I would prefer one money for all, I think the most likely route is dual money. I can never see the state losing control of their shitcoin USD, and with that people will be spending the worse currency and saving the money/commodity that is bitcoin. Kind of like we have now. My opinion would change on this though if they started calling bitcoin money, removed cap gains taxes, and more avenues opened up to spend in bitcoin in the U.S.
It just hasn't happened yet, as much as I would like it to.
I think technology is advancing exponentially, and I think many jobs are at risk of being replaced because of this.
I've seen it with my own eyes, why hire 3-5 software engineers when I can hire an AI expert with coding experience, interface with an AI that can do the jobs of 5 for less money. We are living in a world where you can do alot more, with alot less - and this could cause unemployment to rise over the next several years.
Position yourself and learn AI. It really really is getting good.
One thing that has been concerning lately is if OpenSats receives a lot of money from Bitwise, and OpenSats contributes a lot of money to Bitcoin Core/core dev maintainers, couldn't there by a degree of influence on what gets pushed?
I know there is alot more that goes into it, but I know money can corrupt, and money can influence people to make decisions that are not in the best long term interest of bitcoin, rather a corporate interest.
Very cool, I was not happy to see Fortnite taken from the Apple store.
Apple is one of those companies that has gotten so big, that they are essentially a duopoly today. I'm a free market guy, but wow Apple can get so freaking greedy.
Sitting back, chilling & enjoying the day in AZ. I know that the weather is about to turn bad, so I am taking long walks or runs as I can.
Exciting market! I think we are just getting started. Although sometimes I wonder if the NASDAQ or S&P goes down, if Bitcoin will decouple and break that trend. It has shown a few one off cases where it has, but if it can sustain that over periods of time that would be pretty cool.
I think he has been doing great, but I really would like him to be showing some of the wins he has had over the past couple of weeks. I know many tariff deals are closing, or are about to be closing - and from the markets and many peoples view - he hasn't been showing any wins. I wonder if it will be an all at once thing, or if it will be a drip by drip showing the wins that he has had.
I definitely agree with this sentiment. Things are looking really rough out there right now.
I work in a fortune 500 company, and I can see spend drying up like I never have seen before. Stay humble, save your money and most importantly stack sats!
Love to see it! Need this for every single one of the https://bitcointreasuries.net/
Thanks for sharing! What is good about many places in central or south america, is there are many people who grow food, or raise chickens so produce and things like that can be cheaper. Packaged food can be processed at scale, helping to reduce the price.
Thanks for sharing! Love to hear the different perspectives around the world. Seems like there is still alot of education needed in this space, that is where mi primer bitcoin could come in! Seems like many of the people know about Binance, and USDT... There must be some heavy marketing efforts on these products.
I would push for a soft fork that is quantum proof, and lean towards letting the attacker have them.
Knowing the Treasuries control on finance & relentless pursuit of KYC and AML, how will they prevent terrorists and child traffickers in Africa from using dollar stablecoins to conduct nefarioius activities?