Strike Integrating With World’s Largest PoS Providers To Enable Sovereign Payments With Bitcoin

[johnarb]

So there is no advantage over a credit or debit card as long as your bank doesn't charge a transaction fee. I have a cash back card so there is actually a disadvantage.

A cup of coffee will cost a different amout of bitcoin depending on what time you purchase it.

For someone doing a lot of transactions it looks like a hundred bucks or more for the tax service on a yearly basis.

Optionality

As Noah already pointed out, you don't want to spend your Bitcoin as it's your investment and savings for the future when it goes $500K in 5 years and $1M within 10 years


However, if you were fleeing an authoritarian Canadian government with all of your savings, Bitcoin is your escape that allows you to have food, clothing and shelter

The Canadian government would destroy your financies, freeze and seize your accounts and properties

Bitcoin allows you to go anywhere in the world and not go hungry and spend a little bit here and there

Optionality beats being trapped into not having any options

 

[johnarb]

Yes, it's nice when you trust your credit cards and they give you cash back,

But something happens and you realize, money in the bank is not yours

Bitcoin is money that you own

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https://www.dailysabah.com/business/economy/lebanon-is-bankrupt-deputy-prime-minister

People in Turkey for the past 10 years

People in Argentina for the past 20 years

People in Cyprus during the bank bail-in

People in Venezuela

People in Ukraine

People in Russia

People in Canada

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[johnarb]

Since the thread is on the subject of buying schmuck insurance...

Now may be a good time to load up on Bitcoin and crypto assets

Just in case... Russia and Ukraine notwithstanding

Can't trust the LME,t hey will just bust the trades

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https://twitter.com/x/status/1512279315676733440

https://twitter.com/x/status/1512620184200171525

https://twitter.com/x/status/1512701849677217794

https://twitter.com/x/status/1512656553513394179

https://twitter.com/x/status/1512309267797319685

 

[NoahA]

Since the thread is on the subject of buying schmuck insurance...

Now may be a good time to load up on Bitcoin and crypto assets

Just in case... Russia and Ukraine notwithstanding

Can't trust the LME,t hey will just bust the trades

------------------------------

https://twitter.com/x/status/1512279315676733440

https://twitter.com/x/status/1512620184200171525

https://twitter.com/x/status/1512701849677217794

https://twitter.com/x/status/1512656553513394179

https://twitter.com/x/status/1512309267797319685

I would like to make a positive spin on this. The US might see the large levels of obesity subside. Imagine what that will do for life expectancy!

I'm honestly starting to believe in the master plan of the WEF to reduce global population. Looking at these tweets, you can't help but extrapolate to something so much more severe.

 

[Mr. TNA]

I question. What's the value of Bitcoin as a means of exchange or to save your butt, if we have a mega emergency and the electricity goes out. And, is not going to be back on for a looong time? Junk silver would seem fat better in that situation.

 

[johnarb]

I would like to make a positive spin on this. The US might see the large levels of obesity subside. Imagine what that will do for life expectancy!

I'm honestly starting to believe in the master plan of the WEF to reduce global population. Looking at these tweets, you can't help but extrapolate to something so much more severe.

Yea, things are getting interesting. I saw a report somewhere the farmers' input costs are going up a lot, not my area so just mentioning it

I question. What's the value of Bitcoin as a means of exchange or to save your butt, if we have a mega emergency and the electricity goes out. And, is not going to be back on for a looong time? Junk silver would seem fat better in that situation.

That's the main advantage of Bitcoin over silver or gold, as long as you can go to a place that still has electricity, you'll be fine, but gold and silver people will have a difficult time traveling with their wealth without them getting stolen along the way

If they turn off the electricity in your town, you can use your guns and ammos, but it's better to leave to a better place, imo

 

[Mr. TNA]

Exactly "as long as you can still go to a place that has electricity". It not about moving your wealth, it's about saving your ass!

 

[deaddog]

If they turn off the electricity in your town, you can use your guns and ammos, but it's better to leave to a better place, imo

My concern is that you don't have access to the internet. If countries can limit internet access, who says that we will be able to make transactions when things fall apart. If you have to flee the US, where you gonna go?

 

[Overnight]

My concern is that you don't have access to the internet. If countries can limit internet access, who says that we will be able to make transactions when things fall apart. If you have to flee the US, where you gonna go?

Don't worry. Cryptos don't need the internet. It exists on fairy dust and pixie poos. If the "internet" and electricity go away, you'll still be able to transact in crypto because...

Oh wait, I got it...

HAH! Let's see cryptos do THAT without electricity! Neener!

 

[johnarb]

My concern is that you don't have access to the internet. If countries can limit internet access, who says that we will be able to make transactions when things fall apart. If you have to flee the US, where you gonna go?

The US has been putting out a lot of friendly regulations towards cryptos. Some US states are passing laws to protect the people involved in Bitcoin and crypto assets

Canada is the one that's becoming a scary place to be in, enough said

I am looking at the people involved in cryptos to see what countries that they determine to be crypto-friendly

I don't want to give away our specific plans for Opsec purposes, but I think it will help others to see where other people in cryptos are going to

• CZ is in Dubai and moved the Binance headquarters there
• Raoul Pal is in the Cayman Islands
• Do Kwon is in South Korea

I'd stay away from any countries part of EU, those people are f*cked up in the head since GDPR. I think they are trying to reverse some of the anti-crypto narrative, but wouldn't trust them. fuck 'em