Replies (71)

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Rand 1 year ago
mad does not work well
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someone 1 year ago
the argument for that is what if internet goes down? but the lie machines also need internet so they won't try to shut it down imo.
BTC_P2P's avatar
BTC_P2P 1 year ago
The PMs you stack will just prove to be a huge opportunity cost vs stacking Sats. It’s good to have a little physical gold imo but beyond a small SHTF stack it’s just pissing in the wind. One thing that’s completely turned me off to PMs is the spread when buying and selling. The brokers will sap all (minimal) profit on both ends of the transaction. PMs just don’t work as a way to protect wealth vs inflation anymore.
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BTC_P2P 1 year ago
Really glad you’re on Nostr Dr. Berry and to learn you’re a Bitcoin enthusiast. Been a huge fan for years and have the utmost respect for you ser. You’re a beacon of sanity in an insane world.
My wife said you should sell some for something real in 2015. Buy 5 oz. silver coin for ~1.95 btc. It's still a nice shiny coin!
I'd use it for sterile vessels & other antibacterial uses or a solder additive etc. if not more valuable at the time to trade.
I agree that is good fiscal health & safety. Good source of deep knowledge is PeakProsperity site run by Dr Chris Martenson. Being responsible for my own health, wealth, and safety is the way.
No but you will likely be mad at yourself in 5 years when you bought a shiny rock at the opportunity cost of acquiring perfect money
Troy's avatar
Troy 1 year ago
If your stacking PM for SHTF, there is no "spread". That's for traders.
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BTC_P2P 1 year ago
Troy I advocated for a SHTF stack for that reason 😂 But paying a large premium over spot for metals that will likely take years to appreciate to the break even with the spot + premium is a stupid and wasteful strategy, especially when a SHTF situation is very unlikely.
well, yeah, the way that the silver stays nice when you keep it inside the plastic containers is also a good part of that as jewellry, most of it is 9 carat which is usually mostly copper and zinc and idk what else, and it's too soft and goes black and stains the skin anyway it really is more of an industrial metal than a precious metal, especially now its uses for antibacterial treatments and other oxidative catalysis is so valuable
I would drop the lead. And stack #platinum You want to own the hardest money. If you are in a LCS. Just do a visual of the gold/silver ratio. Then, ask if you have any platinum.
Not mad but maybe a little disappointed you'd think that they're a better store of value. I can understand holding some small gold & silver coins as an emergency MoE for trading. Bitcoin maxis became maxis because they've experienced first hand what holding a weaker SoV is like. FAFO 🤙
Not mad but I would expect those to underperform vs Bitcoin HODLing. That can be OK so long as you go into it with open eyes. What is financially optimal is not necessarily best for your overall balance of self sovereignty.
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Bitpunk 1 year ago
If anyone would be 'mad' about stacking metals, they probably are only in Bitcoin for the fiat price to go up, instead of seeing the bigger picture anyway. Not everything is about getting 'rich' in fiat terms, it's about security and freedom.
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Xantien 1 year ago
You might find it liberating to switch to a different mindset - one in which you don’t give a fuck about us being mad at you or not 😉
I have a friend that stacks Ag, Real Estate, Mutual Funds and Bitcoin. They've been mining (slowly) and hodling since 2009. I think Bitcoin has paid off the best for them, as long as it doen't crash.
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Twighlore 1 year ago
According to some pithy something I read sonewhere: 45 rounds could be traded strait across for a jigger of whiskey in the old west, being the namesake for a "shot" or whiskey. I should allow that I have not fact-checked that and it sounds like some shit aomeone would make ip on a Facebook post. But If it is true that makes bullets in general pretty handy in turbulent times.
Stack all of the B's. Beans, bandaids, bullets, bullion, Bitcoin, bacon, bourbon, beef...
rare Lego sets will have more utility that rocks in a basement. I'm just stacking sats. Those metals will be there if/when we need them. Tick-Tock, next block ;)