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Jun 12 2021 03:55am
Quote (addone @ Jun 12 2021 09:29am)
where to convert dollars to then everything and anything hopeful?

btc/crypto
land/realestate
gold/silver/oil commodities
or maybe some into stockmarket?


Bitcoin will be the great store of value in the upcoming years for sure, 2021 should be the acceleration of the network effect.

I wouldn't want to be in land/real estate especially would not want to buy something now.

Gold/Silver should do great especially with the new Basel regulation on the paper market, this is still the most manipulated markets in the world.

Oil & commodities will do great, the supercycles has already started. We should have good news in the upcoming months/years in the deuterium nuclear fusion, still a lot of room for traditional uranium nuclear too in my opinion. Energy will be a sector with a lot of upside in the upcoming years, I would want to be into that if I had capital.

Stock market is a lot USD correlated, I would want to be strategic about where to put my money, my personal opinion is the upside/downside risk isn't there for me. Overall I would want a more defensive portfolio for the upcoming months/years. I have a very unique way of analyzing stuff as a Bitcoin maximalist, usually one would use the USD to see how it perform ; we compare real estate in USD, we compare apple stock in USD, we price everything in USD. Take the S&P for example, if we slap it against the USD and the purchasing power declining every year it's mostly flat. If you slap gold against USD purchasing power it's not bad. If you slap any store of value against Bitcoin you will see that it's a shitty return, Bitcoin is the hope in this shitty financial system, it gives people a chance to have an appreciating purchasing power over time, nothing else does that at such an incredible speed. Our monetary system is build for our currencies to lose purchasing power over time, it is literally designed that way. Bitcoin does the opposite and solve a lot of problem en route. Everybody will soon compete to own a piece of ultra scarce appreciating Bitcoin.

You can always build more house, cut more trees, find more oil, mine more gold. Nobody can say that we found and exploited all of the available resources. There will only be 21m Bitcoin ever mined, think about it it might be the best decision of your life.
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Jun 12 2021 03:58am
Quote (TheHitman @ Jun 12 2021 11:55am)
Bitcoin will be the great store of value in the upcoming years for sure, 2021 should be the acceleration of the network effect.

I wouldn't want to be in land/real estate especially would not want to buy something now.

Gold/Silver should do great especially with the new Basel regulation on the paper market, this is still the most manipulated markets in the world.

Oil & commodities will do great, the supercycles has already started. We should have good news in the upcoming months/years in the deuterium nuclear fusion, still a lot of room for traditional uranium nuclear too in my opinion. Energy will be a sector with a lot of upside in the upcoming years, I would want to be into that if I had capital.

Stock market is a lot USD correlated, I would want to be strategic about where to put my money, my personal opinion is the upside/downside risk isn't there for me. Overall I would want a more defensive portfolio for the upcoming months/years. I have a very unique way of analyzing stuff as a Bitcoin maximalist, usually one would use the USD to see how it perform ; we compare real estate in USD, we compare apple stock in USD, we price everything in USD. Take the S&P for example, if we slap it against the USD and the purchasing power declining every year it's mostly flat. If you slap gold against USD purchasing power it's not bad. If you slap any store of value against Bitcoin you will see that it's a shitty return, Bitcoin is the hope in this shitty financial system, it gives people a chance to have an appreciating purchasing power over time, nothing else does that at such an incredible speed. Our monetary system is build for our currencies to lose purchasing power over time, it is literally designed that way. Bitcoin does the opposite and solve a lot of problem en route. Everybody will soon compete to own a piece of ultra scarce appreciating Bitcoin.

You can always build more house, cut more trees, find more oil, mine more gold. Nobody can say that we found and exploited all of the available resources. There will only be 21m Bitcoin ever mined, think about it it might be the best decision of your life.



You have any proof?
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Jun 12 2021 04:00am
Quote (DiamondHands @ Jun 12 2021 11:58am)
You have any proof?


I don't but it's a consensus based rule system that has proven trustworthy so far
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Jun 12 2021 04:00am
Quote (TheHitman @ Jun 12 2021 12:00pm)
I don't but it's a consensus based rule system that has proven trustworthy so far


You convinced me
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Jun 13 2021 01:14pm
lmao americans in panic
too bad you cant sell fat mass for crypto or gold
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Jun 13 2021 07:09pm
I'm working in the lending industry.
The fed has been saying they won't change rates until 2023, but at the rate we're moving it's likely that increasing rates as soon as possible is the best case scenario. That being said, it'd still be a shitshow of an aftermath.
I still don't understand how politicians continue to give tax breaks to the 1% when the alternative is the guaranteed collapse of the US economy - unless we're fucked either way.
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Jun 14 2021 02:18am
Quote (Junh @ Jun 14 2021 03:09am)
I'm working in the lending industry.
The fed has been saying they won't change rates until 2023, but at the rate we're moving it's likely that increasing rates as soon as possible is the best case scenario. That being said, it'd still be a shitshow of an aftermath.
I still don't understand how politicians continue to give tax breaks to the 1% when the alternative is the guaranteed collapse of the US economy - unless we're fucked either way.


I believe there is massive conflict of interest between crashing the whole system and loosing the dollar as the reserve currency. We are going down a very dangerous road and we're way too committed to do a u-turn. We are at a point where a "reset" could make sense, this is ridiculous and there's massive reasons to be enraged for a multitude of reasons. If we let the rulers follow the current path, like all the time the average joe and the poor peoples will end up paying the note. This "reset" will be the biggest bailout of the history of the world and whether the average joe been living under a rock for the last year we have been witnessing the biggest wealth transfer of the history right in front of our face.

What if the plan is to have a shitshow? If you do the history of money and the financials crisis it's always the same story, boom and bust cycles, from chaos comes order. Bitcoin proposal solve this and give a chance to people all around the world
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Jun 14 2021 07:14am
Quote (DiamondHands @ Jun 12 2021 03:30am)
Fg to the moon 🚀🚀🚀



Lol I like the idea of FG but you can’t even cash it out....and if you try and trade it for something of value you get banned. FG has no real value only cost

It does give us items for games or whatever so you can subsidize but you can’t really do anything else with it.

I took 250 FG and ran it up to 10,000 FG

Only fun I got out of it was gambling, I was able to tie FG to a real life item, but still can’t cash it out.

I heave heard people saying to always buy gold, I’m starting to think that may be a good idea, Bitcoin is still too new for me

AMC to the moon
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Jun 25 2021 02:00am
Henry Ford once said "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."

I really recommend the whole video if you are interested in finance, it is a red pill moment. If you don't feel like watching this must here are 3 timeline I consider very important

5:35 to 8:21 the money creation
14:19 to 14:48
14:49 mind blown moment


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