1984's avatar
1984
npub1zg32...7pdm
Let's leave the Matrix!
Economists I respect a lot seems certain that a complete collapse of the financial sector will occur within 12-16 month. Rooted in the lack of trust in USD, de-industrialization of EU. To be honest anything that has close ties to the financial sector will be affected. Housing, Stocks, ETF's, ETC's. I have hope in a few items that could potentially hedge against this wealth eradication. - Commodities like metal and rare earth, that will always have a demand globally. Ideally gold in physical form. - High-quality short-term corporate bonds in industries like healthcare etc. - European LNG shipping stocks with low P/E and high dividends. The morons in EU will continue to ship gas from India and US for years to come. My favorite - Currencies/digital cash with no direct link to the USD based financial sector. Currencies that can not be used as a weapon (confiscated), currencies that are accepted globally and is hard to manipulate. The important part here is detachment from the highly leveraged system, that everyone in the top of the food chain expect to collapse within 12-16 month. #xmr #monero Stay safe and #dyor
There exists two kinds of New Year's resolutions. One where you succeed and one where you don't. - The guy who wishes for 4 mio. USD within a year. - The guy who wants to take up Muay Thai training again only one hour a week in the first half and if the body say's okay, 2 times a week the latter half. The plan to do more traveling will be pushed to 2027.
Do you belong to a sect where you can be bribed of with a food stamp that will keep you alive for 10 years but let a 1000 people suffer for the same amount of years? Or are you a real human?
Truthspeekers will NEVER have as loud a voice as the people who wants to direct you. They will never spend money to provide a truth you will never accept, when the deceiver can sell you a lie you would accept with ease. Do Your Own Research
People who complains about inflation, tax and psyops. Just have to learn to avoid it. #monero #nostr #notice #truth
One thing is to loose your 100% monopoly on storytelling, press and news. Another disaster arises the moment you loose your monopoly on printing food stamps. Your ability to make everyone do anything disappears.
The biggest threat to humanity is probably Hollywood and it's far reaching distribution network. If you ever wonder why, watch a movie from before the 70's. Real people, real life situations, real values.
If humans went extinct tomorrow, it would be hard to find any organism on earth that would miss us, with few exceptions like the human Gonorrhea bacteria. Just keep that in mind when things seems bad.
There are people who hides from the truth when it reveals it self. The same can be said about wealth. #nostr #monero
You are legally obliged to self-report, duty, taxes, sales tax/VAT when doing sales in cash or monero. So, buying products in XMR, SHOULD in theory cost the same as a payment with a VISA card minus 5% payment processing and card fees.
Either BTC will slowly start to recover or it will fall trough the roof. The next month will tell.
They WILL try and make everything illegal, open source code, free speech, criticism, encryption, gold, beef, Social Media, P2P messaging, at some point privacy coins focused directly on Monero. But, who really cares about what "they" declares illegal at that point.
If Monero hit $10000 at some point. You will see a spike in weird rich people, spending money on a lot of weird stuff.
From time to time I'm invited over to people who considers them selves to have "done well". They show off their house, their car and their watch. But, as soon as we hit the dinner table it hits me like a rock. These people have no deep thoughts, they have no practical skills and not least they have no good taste in food or ability to prepare it.
XMR is truly decentralized. - No PR person - No one to pay influencers, media or add agencies. - No one holding a majority. - No one funding or holding the control. - No one to show you the amazing performance of XMR. - No one to give you an easy on-ramp. Monero is for the DYOR guy/girl, who do not fall for flatter, media and hype. But, wants concrete evidence and basic principles checked, before committing anything. The only new adoption to XMR is your P2P marketing effort as a community member.