Thanks mate! As dodgy as all hell that place.. wouldn’t buy a coffee from them never mind a car.. 🤙

Sold one coin today to put a down payment on my house

Yes I know Bitcoin will keep going up much faster than a house

But I saved it and waited 2 cycles so I can finally escape the pod I've lived in for 20 years

I've never owned a bbq or had a yard or a garage

Thank you Satoshi

YEAH - APPRECIATE THAT.. MY THINKING IS THAT SPENDING THE BTC ISNT SMART UNTIL IT STABILIZES WITHIN 5 YEARS.. THATS MY TIME HORIZON AT LEAST THEN RE-LOOK AT PURCHASING POWER..

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Everyone needs one home to live in.

But buying more than one? That’s where the math stops working.

If you own multiple properties, consider this: instead of stacking liabilities, use your home equity to borrow at low rates and buy an asset with fixed supply.

Smart leverage isn’t more real estate. It’s turning dead equity into #bitcoin.

I’ve been waiting for that credit card for ever it seems

Anyone using the Fold debit card on the Plus plan?

What are your thoughts on it?

Worth the $100 per year?

Why or why not?

#asknostr

1 - unless that fiat is used to invest in a revenue generating asset it’s just drawing down your stack as are

2 and 5.

3 - seems counterintuitive to Bitcoin. Over a long enough time frame you’re going to get burnt by missing out on a serious run up.

4 does such a thing even exist?

#asknostr

If someone retires on a #Bitcoin standard what are their options with regards to living off their stack other than just drawing it down?

If you own property you can collect rent, if you own stocks you can collect a dividend, if you only own Bitcoin you can do what ? Put it on a dodgy exchange promising you ‘yield’?

Assuming you wanted to do this in the not too distant future what are your options?

What's the biggest scam in human history?

Owner of WeBuyCars South Africa (massive car wholesaler) - went to one of their branches today and a portion of the warehouse was his personal collection… must of been between 15-20 cars all Toyotas.. really cool to see someone with a passion for cars actually allow the general public to see the cars.. guys (brothers) started in 1999 or something and exited for $60 000 000.. unfortunately the size and scale of the business hasn’t generated them a very good name in the industry. I asked the owner if they’ll accept BTC and they said it’s too complicated.

Maybe at $10 000 000 they’ll make the effort..

#BITCOIN

I would never imply that I can advise another person migration without knowing them first, as well as their needs. Also, this question of “moving” is a distraction.

“Selling my bitcoin” why would you suggest I do that as it pertains to the inherent and historical flaws of capitalism?

America does have much room for improvement if attention is focused acutely to the cause.

You are correct, the “isms” have all historically led to their own demise. However, there obviously are very great humanitarian principles in all, just like there are horrible outcomes that have occurred under all.

So, we must be able to criticize all and praise all for the different doctrines professed. Unfortunately, capitalism is the new religion with its cult following. Must of its followers are the very fodder needed for it to prosper for the few profiteers at the top.

Unfortunately the lease model doesn’t work in South Africa - you have to buy the car with finance…

Looking at a new car - I genuinely can’t get myself to pull the trigger! BTC rewires the brain which you look at “money”

#bitcoin

No one will buy a second house to rent out after they understand Bitcoin.

“Gilded Age” was named after Mark Twain book. Wages did increase in some areas of labor. Poverty, child labor, exploitation of immigrant labor, and racism helped fuel most labor to endure horrible working conditions and poverty wages. This was also a time when unions would start growing popular because of working conditions. Innovation and invention did spark a period of investment, however, the largest profiteers of this investment were the ones who already held economic power.

Railroads were subsidized by the State. Railroads were a large puzzle piece to this period of industrialization. This period you have chosen for your example is another achievement of socializing infrastructure/costs and privatizing gains.

Is there another period of time you would like to discuss?

Could you point me to a place in time where “free market capitalism “ existed, so I can educate myself more on the unlocked potential of capitalism?

For the #capitalism folks, it’s because of the massive chasm of compensation between the “workers” and the “capital controllers” that causes the need/opportunity for the State to step in to make sure humans are cared for. Why do you religious #capitalists blame the State for having to subsidize for the greed of shareholders/executives/CEOs?

Don’t attack the very consequences of your own greedy actions, while also defending your own lack of humanity.

See, y’all “fucked around and found out” with capitalism. Now we have largest wealth gap ever AND “socialist” as well as “communist” countries are passing USA in so many aspects of life.

#facethefacts

#figureitout #bitcoin #proofofwork #postscarcity #capitalismsucks

I mean the old system was designed to keep certain people from educating themselves for that exact reason so the saying of “open source” everything is right because I believe that people whom can afford to support people who put out material will and being on a hard money standard the purchasing power from those people who can afford will be enough to carry on … maybe I’m delusional but that’s how I see it..

Should education be free to everyone in the world?

#asknostr #bitcoin

And I am rather fond of their concept of a bill of rights.