USD vs Global Currencies
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maybe you have this view because you're the crypto trader - trading is an information game and if you're the one in business with edge then you'll extract value, others will die
BTC is the exact opposite - it's a tool allowing your dentist, carpenter or teacher to do where their edge is - it's a tool that preserves the product of their work without dependency on third party and necessity to understand financial markets and becoming an unwilling "investor" skinned by the JP Morgans and BlackRocks while chasing the inflation︀
BTC is the exact opposite - it's a tool allowing your dentist, carpenter or teacher to do where their edge is - it's a tool that preserves the product of their work without dependency on third party and necessity to understand financial markets and becoming an unwilling "investor" skinned by the JP Morgans and BlackRocks while chasing the inflation︀
CHF is off the gold standard, and Swiss is no longer the banking︀ giant for private wealth it once was, and in addition is no longer neutral
The one good thing CHF has going for it, where most countries debased their currencies and︁ bought bonds
CHF debasement occurred still - but they bought tech stocks
The one good thing CHF has going for it, where most countries debased their currencies and︁ bought bonds
CHF debasement occurred still - but they bought tech stocks
blah blah
BTC is too slow and to difficult︀ to use for your dentist, carpenter or teacher to use it on a daily basis.︁
BTC is too slow and to difficult︀ to use for your dentist, carpenter or teacher to use it on a daily basis.︁
same story for email, so its safe to disregard this.
liquid is also sweet for this, slightly different tech tho than lightning. Sideswap and Aqua wallet allow for easy operations and are backed by the og's.
There options to issue equity on it.
liquid is also sweet for this, slightly different tech tho than lightning. Sideswap and Aqua wallet allow for easy operations and are backed by the og's.
There options to issue equity on it.
it's good to differentiate, I put my eggs in CHF/SGD/USD , BTC and Gold mostly.
CHF is the best currency over the past 30 years.
CHF is the best currency over the past 30 years.
its indeed fast, but honestly nobody really wants to use a currency that can drop in relative value 8% in a day.
funny enough the most useful crypto asset in terms of payment usefulness is... stablecoins lmao
ive been in crypto since '17 and its since then only been empty promises. I honestly believe crypto is a solution trying to find a problem to solve.
is email 'slow and difficult to use' ?︁ lol
BTC is great for trading. And honestly I wont try to argue against 'holding︂ your own money' as I think its valuable, but trying to defend that EVERYBODY will︃ use it, self-custody, and that it'll replace the current currency reserve $ its just... lmao︄
No need to try to make me change my opinion guys, Im always right in︅ crypto.
funny enough the most useful crypto asset in terms of payment usefulness is... stablecoins lmao
ive been in crypto since '17 and its since then only been empty promises. I honestly believe crypto is a solution trying to find a problem to solve.
is email 'slow and difficult to use' ?︁ lol
BTC is great for trading. And honestly I wont try to argue against 'holding︂ your own money' as I think its valuable, but trying to defend that EVERYBODY will︃ use it, self-custody, and that it'll replace the current currency reserve $ its just... lmao︄
No need to try to make me change my opinion guys, Im always right in︅ crypto.
Comes down to the following.
All currencies have been debased, all debt is monterised, and printing the difference covers the difference.
Only Switzerland bought tech stocks and put on their balance sheet. Only the Nasdaq has consistently outpaced debasement by 6% P/A in traditional assets.
Gold -4% PA
RE - 2.5% PA
S&P500 - Flat
----
Singapore on the other hand is reported to have a lot of debt (IMF records etc) but reality is these are offset by their investments to cover which is in tech/other︀ so it's undervalued, but they debase in-line simply because of the export / transit hub︁ requirement.
All currencies have been debased, all debt is monterised, and printing the difference covers the difference.
Only Switzerland bought tech stocks and put on their balance sheet. Only the Nasdaq has consistently outpaced debasement by 6% P/A in traditional assets.
Gold -4% PA
RE - 2.5% PA
S&P500 - Flat
----
Singapore on the other hand is reported to have a lot of debt (IMF records etc) but reality is these are offset by their investments to cover which is in tech/other︀ so it's undervalued, but they debase in-line simply because of the export / transit hub︁ requirement.
I agree.
Most people work, earn a salary in fiat, and︃ that's what they use. Nowadays there's also a preference to use apps such as Cash︄ App, QR code payments in Asia, etc. People want to get paid as easily and︅ quickly as possible.
It's also easy for governments to ban crypto as a payment tool,︆ which has been done in many countries.
BTC is amazing. No paperwork, no dealing with︇ banking institutions, no need to fill forms. For international transfers it also works great. But︈ it's really far from mass adoption.
Most people work, earn a salary in fiat, and︃ that's what they use. Nowadays there's also a preference to use apps such as Cash︄ App, QR code payments in Asia, etc. People want to get paid as easily and︅ quickly as possible.
It's also easy for governments to ban crypto as a payment tool,︆ which has been done in many countries.
BTC is amazing. No paperwork, no dealing with︇ banking institutions, no need to fill forms. For international transfers it also works great. But︈ it's really far from mass adoption.
and yet that is the case with many fiat currencies.
Its indeed not all that cryptocrap which is just scam but there was a history before 2017. read the og︀ whitepaper, it has some good insights and is easy to read and short.
how do you︂ think that started out? even just getting into the internet and load a html page?︃ there was a world before the smartphone and lolz lmao lol loll
"crypto" 😉
Its indeed not all that cryptocrap which is just scam but there was a history before 2017. read the og︀ whitepaper, it has some good insights and is easy to read and short.
how do you︂ think that started out? even just getting into the internet and load a html page?︃ there was a world before the smartphone and lolz lmao lol loll
"crypto" 😉
Despite decades of doubts, the US dollar remains the world’s top currency, and more importantly, it is likely to remain on top for years more to come.
The dollar is the indispensable currency: the one money that the world cannot do without. The dollar offers unique advantages that are unmatched by any other currency. Only the dollar embodies the full list of attributes that make a currency internationally competitive. The euro and renminbi, by contrast, are seriously lacking in one or more respects. For the foreseeable future the greenback will remain dominant, as it has done for decades.
The dollar is the indispensable currency: the one money that the world cannot do without. The dollar offers unique advantages that are unmatched by any other currency. Only the dollar embodies the full list of attributes that make a currency internationally competitive. The euro and renminbi, by contrast, are seriously lacking in one or more respects. For the foreseeable future the greenback will remain dominant, as it has done for decades.
man idk maybe you should be listening to the guy that has been literally glued to the space for the last 7 years
or keep acting like the brokies idk up to you
or keep acting like the brokies idk up to you
was the dollar here 300 years ago? No. Cycles repeat, the Dollar won't be here in definitely︀ less than another 300 years, plan accordingly.
our generation will see the collapse of the︁ West as we know it and the world will morph into a new world as︂ we know it:
Scenario A: all countries divide (including the USA and Europe, into smaller︃ and separated countries) each with its own immigration and tax policies, this is the best︄ case scenario. Don't like California 99% income tax? Move to Texas flat 74% income tax.︅ Don't like Texas? Move to New Mexico 49% income tax. etc...
Scenario B: Putin ,︆ Iran and North Korea are defeated politically and China owns the USA and the entire︇ world goes under the control of a few people (this is the worst case scenario︈ since it will allow mass control and slow down innovation). Universal basic income, AI feeding︉ us, we live in pods, we eat the bugs.
Or you can buy some land︊ in Paraguay, build a house today for 500K and retire there in 40 years away︋ from the Surveillance drones, 99% income tax and mass civil unrest.
our generation will see the collapse of the︁ West as we know it and the world will morph into a new world as︂ we know it:
Scenario A: all countries divide (including the USA and Europe, into smaller︃ and separated countries) each with its own immigration and tax policies, this is the best︄ case scenario. Don't like California 99% income tax? Move to Texas flat 74% income tax.︅ Don't like Texas? Move to New Mexico 49% income tax. etc...
Scenario B: Putin ,︆ Iran and North Korea are defeated politically and China owns the USA and the entire︇ world goes under the control of a few people (this is the worst case scenario︈ since it will allow mass control and slow down innovation). Universal basic income, AI feeding︉ us, we live in pods, we eat the bugs.
Or you can buy some land︊ in Paraguay, build a house today for 500K and retire there in 40 years away︋ from the Surveillance drones, 99% income tax and mass civil unrest.
only 7y? thats why "crypto" kek
this is the most likely outcome. With it goes the usd system and︂ there will be handful of local currencies representing its territories plus the one and only︃ internet currency to allow neutral trade.
Possible but seems unlikely︊ as neither of these blocks are that powerful.
this is the most likely outcome. With it goes the usd system and︂ there will be handful of local currencies representing its territories plus the one and only︃ internet currency to allow neutral trade.
Possible but seems unlikely︊ as neither of these blocks are that powerful.
Bump those numbers up, amigo! 😎
Those are rookie numbers 😉 : Presidente Franco 585, Entre 14 de Mayo y 15 de Agosto Asunción, Paraguay
Land: https://www.jamesedition.com/real_e...res-and-a-beautiful-farm-in-paraguay-12741586
Those are rookie numbers 😉 : Presidente Franco 585, Entre 14 de Mayo y 15 de Agosto Asunción, Paraguay
Land: https://www.jamesedition.com/real_e...res-and-a-beautiful-farm-in-paraguay-12741586
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