- Jul 10, 2019
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UK and Poland stocking up on gold by the way....article by Marketwatch discussing how Americans might be pouring 40 billion into Bitcoin in the future....once Bitcoin takes off for good, I expect precious metals to follow
Don't know if you're into fiction, but this book was amazing.There is no question in my mind that we are moving towards a currency that gives them complete control over everything we do with zero privacy. The only question is whether it is issued as a US digital currency first, then we get some form of "universal/global" digital currency, or if we go straight to the global version supported by the major central banks around the world that the Fed is in the process of completely owning.
No, i'm not a conspiracy nut, it's going to happen.
And I don't want to hear sh!t from the "everything is already digital, what you're saying isn't that different from what we have now" moron gallery. No, it isn't like what we have now, not even close.
In 2029 the United States is engaged in a bloodless world war that will wipe out the savings of millions of American families. Overnight, on the international currency exchange, the "almighty dollar" plummets in value, to be replaced by a new global currency: the "bancor". In retaliation the president declares that America will default on its loans. With "Deadbeat Nation" being unable to borrow, the government prints money to cover its bills. What little remains for savers is rapidly eaten away by runaway inflation.
The Mandibles have been counting on a sizable fortune filtering down when their 97-year-old patriarch dies. Once the inheritance turns to ash, each family member must contend with disappointment but also - as the US economy spirals into dysfunction - the challenge of sheer survival.
Recently affluent, Avery is petulant that she can't buy olive oil while her sister, Florence, absorbs strays into her cramped household. An expat author, their aunt Nollie returns from abroad at 73 to a country that's unrecognizable. Her brother, Carter, fumes at caring for their demented stepmother now that an assisted living facility isn't affordable. Only Florence's oddball teenage son, Willing, an economics autodidact, will save this formerly august American family from the streets.
The Mandibles is about money. Thus it is necessarily about bitterness, rivalry, and selfishness - but also about surreal generosity, sacrifice, and transformative adaptation to changing circumstances.
Interesting article. I'm afraid it will take someone with a lot more knowledge than I to say whether this is a valid fear or not.
Bitcoin’s Greatest Feature Is Also Its Existential Threat
We'll be saying the same thing when it's breaking $250,000!BTC is about to break $60k again. Unbelievable!
No doubt that the Gov. will start having their buddies at Chase and BOA load up on BC so they can manipulate the price just like gold and silver....btw I just heard the 2022 American Silver Eagle coins will have a new built in security feature from the US mint...
Did I ever mention how much I love the US Treasury....and I sold all my silver and gold this afternoon while the price was up slightly....and those small piles of dirt in my yard are just areas where I'm putting in new plants....As a Treasury employee,
Did I ever mention how much I love the US Treasury....and I sold all my silver and gold this afternoon while the price was up slightly....and those small piles of dirt in my yard are just areas where I'm putting in new plants....
I have no idea if they shut it down because of the Chinese flu, but if you’ve never done it, the tour at the Bureau of Printing and Engraving is pretty cool and worth doing before you leave DC.As a Treasury employee, the US Mint comes over once a year (usually the holidays/December) and allows employees to buy uncut sheets of money, coins, gold, etc. I've never been there when they did it though. I want an uncut sheet of one dollar bills for framing. They also have little bags that they give out as souvenir's of shredded money.
I have no idea if they shut it down because of the Chinese flu, but if you’ve never done it, the tour at the Bureau of Printing and Engraving is pretty cool and worth doing before you leave DC.
You might look into this one. It's an app, and is easy to access with a password and user name, but has great security.
Home - Edge
i see that Edge & Moonpay are offering a 0.5% fee for the first purchase via Applepay before the end of March. I’m thinking about dropping $10k or so into it this week, if I can find more details. It will be my first foray into crypto.
ETA: Apparently Moonpay has a $5500 daily cap, so that would be the most one could put in and take advantage of the low 0.5% fee