I'm totally ignorant about digital currency. My question is, what happens if modern communications and electricity fail? Can I buy chickens from my neighbor with my solar powered CB radio?
I was thinking on a DIY solar panel/battery combo. I didn't know what to hook up to it until now. Maybe that CB and a drinks mini-fridge for the garage.
It's a wealth transfer scheme designed to suck money from the middle class up to bankers. Similar to how the lottery works to drain money from the poor up to the rich.
Do you think they don't control crypto markets? Is that what you're saying? That's cute.
Remember the big crypto crash in 2018 when bitcoin lost 80% of it's value? Do you know how that happened? What was the direct cause? Banks had figured out a way to short bitcoin and then the orchestrated the crash to make it pay off huge for them. Then they bought back in at firesale prices.
The combination of naivete and unawareness revealed in your reply is exactly why a fool and his money are so soon parted by schemes like these.
Posted this in the other thread but it bears repeating...
Speculative investing whether in stocks or digital currency or most anything else is generally unethical and always bad for the middle class.
There is virtually no value being produced. You are merely shifting money from one party to another which means the whole game is trying to leave someone else holding the bag.
And while, like the lottery or a casino, they will let enough "little people" win to entice others, overall it's always going to end up moving wealth from lower and middle class people to higher.
Every single bitcoin billionaire's billions came from lower and middle class people who got caught holding that bag.
You are not going to beat (((them))) at their own game, no matter how much they convince you that "this thing is different! governments cant control it!" In fact, Crypto is much easier for institutional investors to manipulate than traditional markets precisely because of the lack of regulation. It's quite the impressive scam how successfully they've portrayed it as if it were a an obstacle to their goals of fleecing the masses.
If you don't understand how speculative markets can be manipulated why are you risking your money in them? Or worse yet saying things that might encourage other people to?
It's unethical to participate in crypto trading or the stock market and by doing so you are facilitating the destruction of the middle class.
Oh my God. The whole jew capitalization thing?. You do know that spell check automatically capitalizes the word Jew and you have to take the time out of your day which I'm not going to do to go back and uncapitalize it and it still tries to capitalize it so you have to force it to uncapitalize it and quite frankly I'm just not that concerned about whether or not jew is capitalized to worry about that or take that time. So stop with that stupid argument. You go find me a spell checker that doesn't capitalize jew and I'll be happy to use it.
[ + ] BoozyB
[ - ] BoozyB 2 points 1.3 yearsFeb 27, 2024 12:58:48 ago (+2/-0)
My question is, what happens if modern communications and electricity fail?
Can I buy chickens from my neighbor with my solar powered CB radio?
[ + ] Gowithit
[ - ] Gowithit 4 points 1.3 yearsFeb 27, 2024 13:01:33 ago (+4/-0)
Never.
[ + ] BoozyB
[ - ] BoozyB 1 point 1.3 yearsFeb 27, 2024 13:11:49 ago (+1/-0)
It could happen anywhere or everywhere.
So they force everyone into digital currency.
Then they can quite literally starve everyone with the flip of a switch.
[ + ] Deleted
[ - ] deleted 1 point 1.3 yearsFeb 27, 2024 13:19:20 ago (+1/-0)
[ + ] Sector2
[ - ] Sector2 1 point 1.3 yearsFeb 27, 2024 17:12:10 ago (+1/-0)
It caught wires on fire, along with the buildings containing them. A repeat is just a matter of time.
[ + ] bobdole9
[ - ] bobdole9 2 points 1.3 yearsFeb 27, 2024 14:11:12 ago (+2/-0)
I now have a hobby project.
[ + ] PotatoWhisperer2
[ - ] PotatoWhisperer2 1 point 1.3 yearsFeb 27, 2024 18:35:06 ago (+1/-0)
[ + ] bobdole9
[ - ] bobdole9 0 points 1.3 yearsFeb 27, 2024 19:04:59 ago (+0/-0)
[ + ] Monica
[ - ] Monica [op] -1 points 1.3 yearsFeb 27, 2024 14:28:56 ago (+0/-1)
[ + ] BoozyB
[ - ] BoozyB 0 points 1.3 yearsFeb 27, 2024 15:25:24 ago (+0/-0)
[ + ] 1point21jiggawatts
[ - ] 1point21jiggawatts 0 points 1.3 yearsFeb 27, 2024 14:21:30 ago (+1/-1)
It's a wealth transfer scheme designed to suck money from the middle class up to bankers.
Similar to how the lottery works to drain money from the poor up to the rich.
[ + ] Monica
[ - ] Monica [op] -1 points 1.3 yearsFeb 27, 2024 14:35:48 ago (+0/-1)
[ + ] 1point21jiggawatts
[ - ] 1point21jiggawatts 1 point 1.3 yearsFeb 27, 2024 14:50:02 ago (+1/-0)
Remember the big crypto crash in 2018 when bitcoin lost 80% of it's value? Do you know how that happened? What was the direct cause? Banks had figured out a way to short bitcoin and then the orchestrated the crash to make it pay off huge for them. Then they bought back in at firesale prices.
The combination of naivete and unawareness revealed in your reply is exactly why a fool and his money are so soon parted by schemes like these.
[ + ] Deleted
[ - ] deleted 0 points 1.3 yearsFeb 27, 2024 15:17:01 ago (+0/-0)
[ + ] Monica
[ - ] Monica [op] 0 points 1.3 yearsFeb 27, 2024 14:28:26 ago (+1/-1)
I can make up things that aren't going to happen TOO and then use that as an excuse to not do something.
[ + ] 1point21jiggawatts
[ - ] 1point21jiggawatts 1 point 1.3 yearsFeb 27, 2024 14:25:43 ago (+1/-0)*
Speculative investing whether in stocks or digital currency or most anything else is generally unethical and always bad for the middle class.
There is virtually no value being produced. You are merely shifting money from one party to another which means the whole game is trying to leave someone else holding the bag.
And while, like the lottery or a casino, they will let enough "little people" win to entice others, overall it's always going to end up moving wealth from lower and middle class people to higher.
Every single bitcoin billionaire's billions came from lower and middle class people who got caught holding that bag.
You are not going to beat (((them))) at their own game, no matter how much they convince you that "this thing is different! governments cant control it!" In fact, Crypto is much easier for institutional investors to manipulate than traditional markets precisely because of the lack of regulation. It's quite the impressive scam how successfully they've portrayed it as if it were a an obstacle to their goals of fleecing the masses.
If you don't understand how speculative markets can be manipulated why are you risking your money in them? Or worse yet saying things that might encourage other people to?
It's unethical to participate in crypto trading or the stock market and by doing so you are facilitating the destruction of the middle class.
[ + ] Deleted
[ - ] deleted 1 point 1.3 yearsFeb 27, 2024 12:16:07 ago (+2/-1)*
[ + ] Monica
[ - ] Monica [op] 0 points 1.3 yearsFeb 27, 2024 15:02:32 ago (+0/-0)
Bushchick: "It's not currency, it's speculative commodity trading."
/v/Finance viewpost?postid=65de1c28dd30a
jew: "Goldman's Jeff Currie Says Bitcoin Is a Commodity"
https://www.youtube.com/watch?v=pZt2eVsOoVI
Bushchick: "It's digital tulips."
/v/Finance viewpost?postid=65dde4d3793c4
jew: "Bitcoin hype worse than 'tulip mania', says Dutch central banker"
https://www.theguardian.com/technology/2013/dec/04/bitcoin-bubble-tulip-dutch-banker
jew: https://www.youtube.com/watch?v=utr_Y_S4xuo
Bloomberg Television
[ + ] Deleted
[ - ] deleted 0 points 1.3 yearsFeb 27, 2024 15:11:55 ago (+0/-0)
[ + ] Monica
[ - ] Monica [op] 0 points 1.3 yearsFeb 27, 2024 15:28:57 ago (+0/-0)
[ + ] Deleted
[ - ] deleted 0 points 1.3 yearsFeb 27, 2024 17:19:22 ago (+0/-0)
[ + ] Crackinjokes
[ - ] Crackinjokes -1 points 1.3 yearsFeb 27, 2024 12:36:40 ago (+0/-1)
[ + ] Deleted
[ - ] deleted 0 points 1.3 yearsFeb 27, 2024 12:37:25 ago (+1/-1)
[ + ] Monica
[ - ] Monica [op] 0 points 1.3 yearsFeb 27, 2024 14:48:49 ago (+0/-0)*
https://www.youtube.com/watch?v=DybFwMhFUqY
[ + ] Deleted
[ - ] deleted 0 points 1.3 yearsFeb 27, 2024 15:12:35 ago (+0/-0)
[ + ] Monica
[ - ] Monica [op] -1 points 1.3 yearsFeb 27, 2024 15:36:46 ago (+0/-1)
[ + ] PygmyGoat
[ - ] PygmyGoat 0 points 1.3 yearsFeb 27, 2024 14:09:30 ago (+1/-1)
[ + ] Crackinjokes
[ - ] Crackinjokes 0 points 1.3 yearsFeb 27, 2024 12:36:48 ago (+1/-1)
[ + ] Crackinjokes
[ - ] Crackinjokes -1 points 1.3 yearsFeb 27, 2024 12:14:10 ago (+1/-2)
And it was created for exactly that purpose.
[ + ] Deleted
[ - ] deleted 2 points 1.3 yearsFeb 27, 2024 12:16:32 ago (+3/-1)*
[ + ] bobdole9
[ - ] bobdole9 1 point 1.3 yearsFeb 27, 2024 14:13:13 ago (+1/-0)
Nakamoto = Central gathering place
I enjoy learning Japanese. Must've been the next project after Onion routing.
[ + ] Crackinjokes
[ - ] Crackinjokes -2 points 1.3 yearsFeb 27, 2024 12:37:50 ago (+0/-2)
[ + ] Deleted
[ - ] deleted 0 points 1.3 yearsFeb 27, 2024 12:38:31 ago (+1/-1)