pull down to refresh

0 sats \ 0 replies \ @Slestak_Jack 30 Sep \ on: 🇺🇸 Government shutdown season is here. econ
I think the fed should shut down 1month a year, 1 week a month, and 1 day a week. Unpaid of course.
I am interested to see how Trump can use this to his advantage, not just a media campaign, but getting rid some excess.
Compared to North Korea sure. They aren't gathering their own poop yet like it's money as in NK. Canada will be first in the Northern Hemisphere to implement every WEF type control mechanism.
If I had to prognosticate on the future of Bitcoin and Gov't, I would think it would go something like this. As the global debt/inflation problem ramps up, gov't and institutions increase buying of Bitcoin and gold. The U.S. pushes out the stable coins to the world and countries struggle with their own currency as the people would rather hold dollar stables than their own fiat trash. Soon every country has its own stable coin priced to the dollar. Most countries make it illegal to transact in other stables or Bitcoin. You can trade Bitcoin for stables anywhere making it great international money, but not legal to directly buy with Bitcoin. Exchange has to be made through approved portals. Of course the rate is safe and effective. Black market exchange business booms.
That is a risk. If I were over there I would consider getting an old phone and using one of the open source OS that degoogle your phone.
They'd have to live in Canada though, which is like purgatory. Do you still get arrested for walking in the woods in some places?
Then use that to your advantage. Every time it drops 3% or more buy. When you are up 10% or more take a profit of no more than 5% of your holdings.
DCA for 5 years and then see where you are at. At a minimum you are saving in money that can't be printed, and has a current inflation rate of less than 2%.
How do you think that response would work?
Sounds a lot like my story. I can really relate to the "mess". My profession chose me. I can't seem to leave it despite my effort. But a Bachelors in Philosophy doesn't lend much help.
I have to disagree with you on the evidence, but I would just point to some of the really smart Brits that defend the faith. Christianity is far from obviously fake, and seems like you have a little motivation in saying so.
This is great. Let's talk about this.
As to your point about using Bitcoin as money, I think it would most often still get spent like fiat. If I buy gift cards with sats on Strike and live on a Bitcoin standard, the person accepting my money isn't really involved. Furthermore, trying to eliminate another persons choice in the transaction and force Bitcoin doesn't really jive with the Bitcoin ethos.
Likewise, Christianity is freely chosen, it's a gift. As we have seen from Covid and Bitcoin, people will reject sound reason. And you are right, the world should look different if Christians really believe the story. But that gets back to understanding the problem.
"It has happened to them according to the true proverb, “A DOG RETURNS TO ITS OWN VOMIT,” and, “A sow, after washing, returns to wallowing in the mire.”
https://www.bible.com/bible/100/2PE.2.22.NASB1995
I agree. I think people need to truly understand the problem before they can see Bitcoin as a solution. Bitcoin doesn't solve anything if you don't understand the fiat. It's like morality, you don't think about it much, you just have it and it works for you. Until you encounter someone who starts asking questions like Socrates.
Expand their time horizon out to years. Talk about the benefits of a money that crosses borders and time.