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36 sats \ 2 replies \ @stack_harder 20h \ parent \ on: $330M Bitcoin social engineering theft victim is elderly US citizen bitcoin
pretty impressive to be officially elderly but still on the bleeding edge of stacker news. what about Casa's inheritance time lock thing? then if you go off the rails, it would just be in a will along with the other stuff
I wish they would say how old 'elderly' is, makes a big difference. if you are old as fuck but smart enough to have hodl'd btc all this time and have control over the keys, you're not the usual pig butcher vicim. they'd have to have been way savier than that imo
do we know if they got it from cold storage, or just the usual CEX-type hack?
In the past it would have been travel or going on a trip with friends, these days it's at the start of the school holidays when i don't have do do the school run or deal with the endless list of petty and soul-sucking bollocks that comes with the school.
the simple joy of waking up without an alarm, with everyone well rested, having a coffee in bed, and heading out to start the day
Read a book a while back called 'Warnings: Finding Cassandras to Stop Catastrophes' (https://www.amazon.com/Warnings-Finding-Cassandras-Stop-Catastrophes/dp/0062488023)
and I specifically remember India - Pakistan nuclear war being one of the nuclear winter scenarios
I don't think it's affecting the number of women in the workforce much, most Russians are dual-income households these days like in the West. But they have the GDP work issue too yes, people are flocking to more to military/war adjacent jobs because that's where the money is.
So you can make some silly money sewing camouflage nets, putting drones together etc but non-war industries or jobs can't afford those high wages, and they're (naturally) complaining about the central bank killing them with the high rates.
The head of the central bank refuses to budge because she doesn't want inflation going crazy.
Russian banks are also paying super-high interest rates on deposits too , upwards of 15% sometimes which is also changing incentives since people think why invest or do anything when I can just park this money in the bank 'risk-free' and get 15% for doing nothing.
There are all kinds of weird market distortions going on.
hard to pick just one, so many great games on the 64. OoT is up there, along with GoldenEye, with friends, and I also played a lot of Mario Kart and Diddy Kong Racing and duke duke nukem 64.
maybe GoldenEye gets the crown since it had so much replayability on multiplayer
as a Russia watcher and haver of a Russian wife I would say this sums it up pretty well.
There's all kinds of crazy stuff going on with women trying to marry enlisted men so they get the death payout and widow discounts and more dystopian stuff.
Putin has royally fucked the Russian economy for at least a decade , that being said, if you live in Moscow or Saint Petes, you won't notice much.
when this eventually ends and you have soldiers coming back en masse, the inflation will be huge(it's already quite high on a lot of things) as that money starts hitting the market.
after reading the comments, i have decided it's largely a heard npc issue and a fundamental lack of understanding issue or the monty printer and that fiat really is a crime
maybe not even revolution , but more social unrest, protests , demands of the gov in power etc
after all , the goc still takes its taxes and then fails to provide anything in return when the shit hits the fan
defo a bit of boiling frog, although I think also an element of people always blaming politics and political parties instead of the fiat printer and all political parties
This is quite fascinating. do you think that a part of it is that people have just been born into a dysfunctional currency and simply don't realise there is a better way? Like if you live with crazy inflation and things for 20 years and kids are born into it, is there a desensitization element?
The US is 100% in a decline phase, but so are, many countries. Many of the EU ones , UK for sure and then you have other countries that have just been shit for, seemingly, ever.
A bit like how the dollar is shit, but it's still the least shit of the fiats.
I blame most of this on fiat, because abusing the money printer is what keeps problems going and gives the state power to wage war and fund socialist policies.
Comparing the fall to Rome is a bit incorrect though, because the (Eastern ) Byzantine Empire alone was in decline for like, 1000 years.
Instead of a fall, we have everything sucking a bit more and people having to live in their cars in now a normal thing because it's literally too expensive to live for may people.
210 sats \ 0 replies \ @stack_harder 3 May \ parent \ on: 🦅 Is the US Empire in its Decline Phase? AskSN
watch out US, mBridge is here
https://media.tenor.com/AQz3_zaiD14AAAAC/hysterical-laughter.gif
i think it depends, if they could do a deal where they buy oik for btc or something like the petro dollar, it might work, or demand to pay for all their goods in btc or the new currency.
other countries like China might offer or insist an alternative
i think it's moving faster than most people can adjust, for sure, but there is no putting the genie back in the bottle.
We're witnessing a new paradigm
UK is just doing an Argentina by the looks of it, I don't think it's beyond saving, of course, but I exited long ago, and I haven't had to worry about simple things like heating bills ever since.
i have to admit thought, there's a privilege element to it. my ability to exit and flourish in different countries is largely because I'm from the UK, when it comes to remote jobs or even in Russia, I could immediately just generate money teaching or doing whatever and would get away with it, simply because I was British.
As someone in the EU about about to get raped by the Euro soon , i feel like the issue is there is no stopping the suck train. I think this applies to a lot of places too, not just Europe. Most countries now have totally broken money and birth rates below the replacement level. purchasing power down, freedom down etc etc
it's going down in slow motion, and I have absolutely no faith or expectation that anything will change, not the red tape, shitty money or Brussels being gay about everything.
We all know that social security is a Ponzi, but no political leader would ever change it because it's political suicide. even fucking Putin pays lip service to pensioners (he did famously increase the pension age after promising not to , but he's a dictator, he can do what he wants).
Personally, all I can think of is focusing on stacking sats and living in somewhat isolation. Keep plodding along and get comfortable with the idea of being a prepper. Money is a big piece of the puzzle, and having something that no gov or group of central bankers can mess with is pretty incredible tho