I think those people just conclude that they don't need to know. I do, occasionally. Eg, someone I don't know well recently said I care about my own happiness too much. I should focus more on making others happy. She said she could sacrifice for another and I couldn't. Ok. Do I need to argue with her about that? What will it achieve? Does she even think that or is she just saying that to hurt me or try to get me to do what she wants? Or is she right? Who knows. Some arguments cannot be won.
So basically you're going to kill us all, since any of us may have that wallet in our brain? Sounds reasonable...
I guess but do we ever have all the facts? Maybe we think we have all the relevant facts. So maybe more not willinng to defend your claim to know all the facts with more facts is the issue
So basically: sitting in 5% treasuries when real inflation is above 5% means your purchasing power is getting run over. I mean I guess, but we all need some dry powder right? What if Trump wins and 'fires everyone' as Hillary is saying he will. And isn't the long end mostly bought by the Fed now anyway? Not sure why that matters if they get run over slowly. Japanification
I don't. She needs to have a conclusion. So what if the bond market was a forecaster and now isn't?
Addock & Sealy [2024]:
Woman brought proceedings agains boyfriend. They had 5 year relationship. Lives separately. She claimed property distribution justified on the basis of her providing food when he visited, helping manage tenants of one of his properties, and providing him with emotional and physical support.
The court awarded her $750,000 of his property and a car.
https://www.austlii.edu.au/cgi-bin/viewdoc/au/cases/cth/FedCFamC1F/2024/123.html
Just read Farrah & Cisek [2024].
The de facto wife claimed family violence in her testimony. No other evidence is noted by the court. The court made a distribution of 100% of the de facto husband's property (about $1,350,000 AUD) on the basis that her non-financial contributions to the marriage were made significantly harder due to the violence she alleges. The de facto husband's appeal was dismissed.
Throughout her relationship with the de facto husband the de facto wife was married to another man.
https://www.austlii.edu.au/cgi-bin/viewdoc/au/cases/cth/FedCFamC1A/2024/38.html
It's a nice idea. I don't need it yet.
Those black markets were for food and other essentials though, which can't really be banned without the entire population starving (although they damn well tried). Monero might be useful in a world that doesn't respect property rights, but maybe not even then. In a totalitarian state, anyone can be a spy of the regime. Think 1984. So you buy something with your monero from a vendor and boom, you're dead.
Well it's a black market as labelled by the state, not in any moral sense. But for most people (at the moment at least) what the state labels something is what counts
Never risk your house for a woman
Actually I think that's one of the few places where it does make sense atm
You said 'drugs are illegal and that never stopped anyone'.
Yes, that's correct, so long as people recognise things are getting worse/ punishments for black market don't get more severe.
Someone said to me today 'you take your own happiness too seriously...'
🤷♂️
What's already illegal?
Bitcoin, Monero, crypto are ultimately black market money. Those are the only markets that are permissionless. If you are going to follow all laws for a transaction, there is no advantage they bring over fiat in the white market. And if there is any remnant advantage remaining, it will fade with time as regulation increases on crypto.
https://github.com/libbitcoin/libbitcoin-system/wiki/Permissionless-Principle
That's my point. You're saying there will be mass adoption of these things despite them being black market money. My point is that I don't think so unless fiat becomes so bad that people want to take that risk, and I think that's only likely once inflation is maybe +50%/y or cbdc's make purchasing stuff you want difficult enough to risk prison for
Altruism is dangerous. Forced altruism is slavery
Isn't it succeeding already?
Some people are just cunts🙏