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It was only a post I saw on Twitter, which I specified. I wasn't passing this off as my comment. The fact though remains that YouTube should not be in the business of censoring videos. They don't have a panel of doctors and it has been shown time and time again that all of their decisions...

Agreed. And I'm very happy if Bitcoin just serves as the basis for a global financial system very similar to how right now central banks and major corporations settle amongst themselves. I think when you remove the ability of government to spend money they don't have and remove the ability...

I saw this post but I'm specifically cropping out the person who posted it. But essentially the assertion is made that she blocked on YouTube any discussion about the dangers of vaccines. It has now come out that they might be increasing the risk of cancer and sure enough, she died of cancer...

And I'm just an armchair economist... Lol... But I have lots of time at work to watch YouTube videos so I will say I'm hundreds of hours into learning all about this. Everything that I've learned points to the whole system being reliant on trust, the biggest market in the world is apparently...

I just remembered this quote I had about democracy.

The conundrum is solved by collapse, and severe inflation, and both are very painful. If they drop rates quickly, that crashes the market and sets off inflation again. If they don't, they have to print money just to pay the interest. And all at a time when foreign buyers of debt aren't...

I do think the interest expense is about at 1T, but is almost the biggest single line item, if not already the biggest. Democracy in many ways fails eventually from what I have learned because you can't keep voting for free stuff. The best government is a small government that just protects...

Fair enough point. But honestly, if you're too poor to even have ID, will you actually be any good at making an important decision? Clearly you just vote for who gives you more stuff. And this worked ok for a long time, but now, there are millions more people in the country who need...

Actually, from what I read, the Dems are trying hard to either fast track the rules to let them vote, or restrict the necessity of ID so that they can sneak in. The entire open border policy isn't to give people a good life, its to bring in people who will ensure the Dems stay in power. This...

I think when push comes to shove, he will eat me... LOL (fort knox... hmmm.. gold reference??)

Absolutely agree, and us city people are probably toast. The ones with property in the mountains will probably be spared.

What happened to the system where people wait in line and have to meet certain criteria that benefits the country? This is just an open border policy. Do you see how much money it costs to bring in all these people and then provide food and shelter? Its of course ok as long as someone else...

You are placing far too much faith in the system. At some point, when a country losses control of their currency, will they have any other option? To me its not a matter of "if", but rather "when".

Its at the point where it doesn't matter if it goes up or down 10 to 20%. The only important thing is that its decentralized. You couldn't even source enough hardware these days to try and make a dent into the hashpower, never mind taking it over. I will give you just one reason why it will...

Its at the point where it doesn't matter if it goes up or down 10 to 20%. The only important thing is that its decentralized. You couldn't even source enough hardware these days to try and make a dent into the hashpower, never mind taking it over. I will give you just one reason why it will...

But what's worse, that, or letting in millions of immigrants and granting them voting rights because you know you might not win based on the current population? So you destroy entire communities and job prospects just so that you can win an election? This is a race to the bottom to see which...

Here is what I always thought about the network. Its not like it will die overnight. If there was going to be a catastrophic failure, it would have happened already. But one important metric you can follow is hashrate. It keeps rising. Very smart people keep throwing money at more chips to...

Anyone can also create a painting, but it takes many people to give it value. If you find millions of people wanting to buy a new coin, and millions of computers processing the transactions, then I will admit there might be something better than bitcoin, but until that happens, its bitcoin...

I'm not sure if you can really give this guarantee. I know that in these shocks, there is a liquidity squeeze, and the first thing sold is most liquid, which is usually bitcoin. But tell me this, if banks start limiting withdrawls, or the Fed says the fund to backstop bank accounts is empty (I...

You need to study why Tulip bulbs were different. First of all, they had one rally and then were done. Bitcoin keeps making higher highers. If you also want to consider that tulip bulbs ever had a change at being a store of value, you have to tackle the idea that anyone could grow more bulbs...