Castanza

Yes and no BTC is a hedge to me. If I can purchase it at a better price against USD then that's what I try to do. But in general I DCA and don't care about the conversion price. I think there is a non-zero chance that BTC will prove very valuable from a use case in my lifetime. It may not be the only one though. But it's utility and use cases are widely observable in many parts of the globe. - Governments are already discussing CBDC which they will use to limit your purchases of certain goods and services. - Canada engaged in freezing assets of individuals violating their rights. For political reasons - US Banks have engaged in freezing assets of individuals whos businesses they did not agree with. (very prevalent) - Banks are beginning to reject cash payments and are requiring knowledge of "what you plan to do" with your money before they will allow you to withdraw it. - Government wants a cashless society so everything can be tracked. - IRS is cracking down on smaller and smaller cash transactions - UN Agenda 21 is a real thing - The World Economic Forum is a real thing - USA Supremacy and USD hegemony is 100% not going to last. Americans I'm not a doomsday guy and I am by no means a prepper. I own a reasonable amount of BTC that I hold for potential future utility. I think governments fail, make poor decisions and no longer care about their citizens. I think the US specifically is headed in the wrong direction and is abandoning individual freedom. Higher spending more social programs and soon to be using 50%+ of it's tax revenue just to service the interest on it's debt. So for those reasons I hold a small amount of BTC. Could it be completely worthless? Yup! Could it never have it's use case come to fruition in my lifetime or ever? Yup....Would I ever sell some to pay off usd debt assets? Yup Same reason I lock my doors at night Same reason I keep a gun on my night stand Same reason I learn skills outside my career path Same reason I stay in shape Same reason I keep a few months of food in the pantry Diversify your assets, health, wealth, and skillset. Live your life as free as you can. “The welfare of humanity is always the alibi of tyrants.” ― Albert Camus

This doesn't work for me? Go to Investment ideas > "Content titles only" > hit search and nothing....Says you need to add a word to the search bar. If you type in a ticker that is only 3 characters in length it will not return anything. See second image when trying to search for BAC in the "Investment Ideas" forum. BUT if you search in the same manner for four character tickers such as GOOG you will get the correct topic (3rd image) The only way to get a list of the topics in Investment Ideas is to not search but to "Sort by Title" which gives you an alphabetical list. But then you have to randomly guess pages until you find the company you are looking for Appreciate everything you do Parsad, but this is my one gripe with the site 1.) 2.) 3.)

We can’t search three letter tickers Unless there is some specific way you’re supposed to do this?

You’re betting on the US system..BTC owners are betting on the global system. 2-3% who comes up with those numbers?

And they'll pay for that Coke with BTC or Gold

@ValueArb Pegging BTC to the dollar is a near-term view used by traders. Long-term the price is irrelevant. I think this is where a lot of people get mixed up. Paying 30k for a BNTC vs 19k does not change it's intrinsic value. It changes how much you've paid for the tool. If I buy a DeWalt table saw in September for $699 and my Dad buys one for himself on Black Friday for $399 is there a difference in usefulness between the two saws? No. You can make generally the same argument with Gold. Price is only relevant to how much you are able to purchase at that point in time. But if Gold ends up being used as the hedge it's claimed to be (dollar collapse) the price you paid is only relevant against the amount you were able to secure at that point in time. If the dollar goes to zero does Gold still have monetary value? History would suggest that it does. But that doesn't change the fact that Gold had many different prices against fiat currencies over thousands of years in different civilizations. Volatility is and is not relevant. Depends on your time-line and framework of "why" you're buying BTC. USD-BTC is simply a premium you're paying with what fiat you currently own. Nay-sayers think it's relevant because most things in the world are pegged against the dollar currently. This WILL NOT (it's a certainty) always be the case.

No, not denying that. Just laughing at the "trustworthy" forces that underpin the dollars stability. Our government de-pegged us from the Gold standard, they constantly shift the goal posts on inflation and instead of pointing to purchasing power of the dollar they talk in nominal terms or "gas prices". They print and inflate in times of uncertainty, They spend like drunken sailors and tax us in just about any way they can. The US is about to begin using 50%+ of it's tax revenue just to service the interest payments on the debt. No empire in history has ever survived that. Things happen slowly then suddenly. The modern world moves much faster than the ancient world. I wouldn't be so sure saying the US is not like the Roman Empire. BTC requires no third party trust. It doesn't require a military to back your currency; and it doesn't fall pray to some idiot politician or government. I think anyone saying that BTC doesn't have intrinsic value simply hasn't put in the time or effort and looked around the globe at all the use cases (being used!). I think those same people also have some recency bias where they think the US will remain a super power forever and the dollar will always be top dog because that's all they've known.

LOL holy shit now that is funny

tbh the point she is trying to make shows how ignorant she is. She already has 99% of the data she is asking to get if she would just contact popular exchanges. You need to submit an ID and other standard legal material for most of the popular exchanges. Then when people withdraw it ties their identity to a wallet which can be traced from there. Plenty of criminals have been caught that way. She's trying to crack down on a very small fraction of people...Even then, it's arguably easier to trace than cash if you get just one piece of information to start on.

https://www.ft.com/content/7fe07a25-9a76-4777-9178-c6756bb04c2f

lol I shared a pic of the USSR…but the reality is these type of developments almost never get better over time unless they are in prime locations. Comparing them to college dorms doesn’t improve the attractiveness just saying. In my UPS days I delivered to enough tower like apartment complexes (some that look nice from the outside) to always find them trashy and smelly in a dozen different ways. There is only so much value you can squeeze out of those types of complexes unless they are top end in prime locations. The US isn’t going to run out of space for a long time. Technology and remote work will help propel smaller towns and cities forward imo.

AIV, picked up a few BAC 2026 calls

I'd rather be dead then move into complexes such as this. Between Europe and Canada I'll never understand why they move housing in this direction. Basically a prison if you ask me. To me if your country is popping up housing like this, it's time to re-evaluate your long term strategy....highlights long-term systemic risk. These are not homes...they are stalls with hay for the livestock citizens.

If you haven’t been following this Twitter account for Ukraine Russia you should. @OSINTtechnical edit: @Xerxes @Spekulatius changes it so it reflects just the resource Should note that there are a lot of terrible OSINT accounts. There are a few good verified ones. Bellingercat is another good one.

Probably right, easy to speculate on this stuff. In general the situation is just very complex. It’s not often there are truly right or wrong sides in war. Everyone has a reason and talks their own book. Ok sorry back to Ukraine Russia. Don’t want to derail the solid discussion that’s occurred here. Plus I don’t think Parsad wants another Israel/Palestine thread squabble which is fine.

So we bring an entire carrier fleet? I guess maybe, we do it in South Sea. We have CAG and DEVGRU for hostage rescue though.

Anyone else confused by the US carrier presence in the Mediterranean ? We don’t have a defense treaty with Israel… also where tf is the congressional approval here? Oh wait… Wonder if the US is thinking about engaging Russian troops in Syria? Putin also very confused why US is moving into the Mediterranean. I don’t think we would engage with Iran or Lebanon (been there done that)at this point. Damascus and Aleppo airports were recently taken out. Just spitballing edit: Also pretty bad timing or just a bad look for the sitting President to schedule a visit days before a ground invasion. Especially after the hospital attack if this turns out to be Israel. Talk about tying your image to an event. Anyways the Syria Russia

Andddd just like that the war in Ukraine is over to 90% of the people Ukrainian flag flying people here in the States! More social clout now available surrounding Israel and Palestinian….

Interesting stuff for sure. Glad it worked out for your mom. You very well could be right! I was reading through the potential longterm side effects. 5% rate for the basket doesn’t seem too bad vs the likelihood of diabetes, and other heart conditions caused by obesity. https://vial.com/blog/articles/what-clinical-research-says-about-the-long-term-safety-of-ozempic/ Investment wise, snacks isn’t something I’m interested in, and pharma is also not an area I like. One is too attached to dads and has little growth while the other constantly is one bad drug away from lawsuit mania. Just not something I like to risk. Im just stubborn and don’t think the vast majority of people will stop eating junk food. For humanities sake I hope they do! 2 out of 3 adults being obese is a piss poor statistic. I’m also very much personally against drug pushing over lifestyle changes. But that’s just me. Hope you guys make a killing!

I hear you on the it could happen How much more effective is Ozempic vs the multitude of other pharma drugs people take? SSRI, ADHD meds all reduce appetite and cause weight loss. Yet obesity has continued to clone in tandem with those drug uses.

Largest demographic for junk food and fast food eaters are mid 20’s to late 30’s. People 55+ often already have diet restrictions etc. I just think people are touting this as a miracle drug and the cure all. Call me skeptical because it’s never happened before. Guess it could be the inflection point. I just think the argument of “because something is available it’s inevitable” is a bit lazy. But maybe I don’t fully understand the application of Ozempic and others drugs here.

This is going to drag a lot longer than people thing. Seems everyone thinkIsrael is going to take Gaza in a week. This is a very similar situation to Mosul. Population density, underground networks, entrenched enemy, etc. urban warfare is a major pita. Israel very well may be one of the best in the world at it, but that Guerilla warfare has proven a major thorn in the heal of modern armies with advanced tactics and equipment. 3rd time in the last decade a terrorist group has seized a major city. Mosul, Kabul and now Gaza. Pretty big deal

The idea the humans are going to stop eating readily available junk food in large quantities because of some new weigh loss drug is beyond ridiculous.

Looking at the current crisis and the innocent individuals caught between the war on both sides…For the ones who likely have to flee Gaza, how many do you think are going to their bank? Likely none. How many are taking physical wealth with them? Probably very few. Now think what you could take with your 12-24 word pass phrase committed to memory.