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youngMoney
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Random stuff I like and thoughts

Seeing this lawsuit on Alex jones makes me think something reallllly corrupt is going on

From saying a school shooting was fake he can be sued and all his assets taken?

Wtf?!

What about the covid vaccine being “safe and effective “?

Certainly not effective if lots of people can get it after getting vaccinated

Double fucking standards

One thing I don't like about NOSTR is that people tend to be too "f--- the government" here

Their point is correct obviously but there is a point where the government is too small to be effectively.

Where it becomes annoying because you have to be your own police, army, firefighter, city planner, etc

In reading about the Madison presidency, it seemed like the government was so small that they couldn't do quick action against foreign invaders (the British in the scenario that Madison experienced)

I'm more in favor of a government that is the right size and accountable to it's citizens

1) because of the privacy violation requirements to enforce it and because it encourages non-production

I think some tax like property tax and sales tax are good

Otherwise you are using roads, getting other government services for free like a criminal (taking/using something for nothing)

I'm not a criminal

Replying to Avatar Carl B Menger

I have yet to share my personal #Bitcoin journey, but I believe now is the right time to do so. It marks the beginning of my descent into the Bitcoin rabbit hole and, much like the Bitcoin White Paper itself, my story is closely tied to the financial crisis of 2008.

This account is deeply personal, laced with self-pity and a sense of stupidity. That's why I've kept it private and not even shared it with my closest friends, but I think it's important to share it now with you. Giving back to a community I received so much in the previous years. All too often, those who fall victim to the shortcomings of the fiat system internalize the guilt, unaware that they are being taken advantage of by a corrupt fiat system.

My parents, hardworking individuals who dedicated their lives to building their own business from scratch, had little time to acquire financial education. In the early 2000s, they were advised — like many companies and individuals in Austria — to finance their company/house with a Swiss franc loan. The arrangement was complex and opaque, involving multiple loan accounts and significant commissions for both the bank and our financial advisor. My parents, trusting the system, unknowingly became entangled in a speculative gamble, exacerbated by the euro's introduction and the franc's relative strength over time. It turns out that debt in a strong currency and income in a rapidly depreciating currency have only one outcome: Default over time.

As a result of the financial crisis of 2008, the Swiss National Bank could no longer suppress the upward pressure on the franc in 2014 and the fallout was inevitable. Overnight, my family faced a substantially larger loan burden than initially anticipated, to threaten us to file bankruptcy and lose everything we worked for in the previous decade. This devastating turn of events — driven by corrupt banking practices and greedy financial advisors — left an indelible mark on me. As a young man, witnessing my parents' hard-earned savings and efforts eroded by a system they trusted was enough to cement my distrust of financial institutions forever. At this point in time I made a promise to myself: Trust no one, educate yourself and verify.

A few years later, I discovered Bitcoin. It clicked immediately. Here was a decentralized, incorruptible solution to the very problem that had caused so much pain for my family. Bitcoin represented a chance to opt out of a fiat system riddled with perverse incentives and predatory practices. My family's experience — our suffering under the weight of a corrupt financial system — motivates me to advocate for Bitcoin adoption. For this reason, I will never trade my Bitcoin for fiat currency ever, no matter the fiat price. It represents more than wealth to me; it’s a symbol of resilience and justice, a way to honor the sacrifices my parents made.

Looking back, I am almost grateful for this painful chapter of my life. It woke me up and set me on a path I might not have found otherwise. Many people experience similar losses at the hands of the fiat system without even realizing it because the theft happens incrementally, through inflation and hidden costs. Fact is, that honest, hardworking individuals are being robbed every day — second by second — by a system designed to erode their purchasing power over time. Like my parents, but more gradually.

While it’s exciting to see Bitcoin’s fiat price increase, that is not its ultimate value. Bitcoin represents so much more. And I know, many others who HODL Bitcoin not for fiat wealth but for deeply personal reasons — reasons rooted in justice, independence, and freedom. For those of us who have been wronged by the current system, Bitcoin is not just an asset, it’s a revolution for a better future.

Yours forever thankful, Carl. 🧡

Damm

What a story

The US government should only use English.

English should be the unifying force or element for our melting pot country

My sister just confirmed to me that California is not asking for voter ID anymore

As far as I'm concerned, California's elections are as legitimate as if Gavin makes up a number and says that's the "election results" or a Nazi "election"

California is on the highway to hell

One thing I hate about Libertarian government is no restrictions on harmful drugs like marijuana, cocaine, etc.

I saw in California how much more prevalent marijuana became after it was legalized with the billboards and other adds.

I do see the problems they bring up on the war on drugs but I think no restrictions would be horrible

Satoshi is one of the wealthiest people on earth, don't forget

Replying to Avatar Erik Cason

I will not be voting in this election, or any others for that matter.

Not because I don’t believe in democracy, nor because I don’t believe in the political rights that have been won by generations past; but because of how atrophied both have become in the mutilated abomination that we currently call our form of politics and voting. The false dichotomy that is the current forms of red and blue I believe are much more damaging and pernicious than refusing to vote for either could ever be. Our political agency has been lost, and politics is most squarely to blame.

There once was a time that our elections were actually free and fair, that voting for the right people in the right places and circumstances could make significant differences that actualized The Political; but that is no longer true of the system of politics that has replaced The Political. All that we have now is a system of false and petty differences that will ensure that the machine of government and military continues to crush on, be it under a banner of blue or red—this is the only real ‘political’ choice that we are given. As for everything else, it will continue on to masquerade and marionette towards the promise of possibilities that will never come, just as the broken dreams of change will continue to tell.

I say this to you as the US federal government funnels billions of dollars into foreign wars and shell corporations that will get their money no matter who wins. I tell you this as every budget continues to spiral out of control with every politician having more concern with how they will get their cut, than how they will stop the madness. I say this at the very moment that some child is being killed with munitions from money that each of us as citizens had our dollars financed, and with there being no possibility for any of us to end any of this—at least not as far as voting is concerned.

While I believe in democracy, it is not the one of the state provides, and while I believe in voting, it is not a principle that doing once every four years can solve anything at all. Our current system of politics is at its end, and it has been for quite a while. It is all entirely clear and apparent for anyone to see, and yet the consequence of this truth is far too profound and existential for anyone to actually speak to. That is because the terror of having to admit to ourselves that our political system has been overthrown and taken over by non-elected officials who are responsible to no one but themselves and their contingency of politics is all that matters within the engine of the state, and its demand to remain in power no matter what. The real danger is the state of emergency that has become every day of our lives, with no possible hope of it ending, no matter who is elected to whatever role it may be. The machine of the state operates in one direction, and it is to continue to gather more power for itself no matter what.

To accept the truth of the darkness that we are in is to also accept the fact that this is not something that we can vote our way out of. If we are to create the radical change that we must manifest not only to save ourselves from the destitution and squaller that the current system of politics seeks to impress upon us, but to also create a radical new hopeful future where the vote and democracy can means something again, than it is something that we must build for ourselves alone. If we are to give ourselves and posterity a future that is more free and far than the one that we were given, where The Political can open itself up to politics once again, we must accept that the current path leads to nowhere. We must demand of ourselves to go out into that darkness and seek out new and different solutions that are outside and beyond the power of the state to influence or control so that we may access The Political once again and see what the truth of voting and democracy can offer, or what new and different political systems can offer.

The Political is the radical power that all people everywhere are alway entitled to when the see that the power to create change comes not from asking for approval from the old systems; but to neutralize them with something new. While I do not know what these new systems are, or how they will be created, I do see that there is something immensely powerful in what is being built here. The internet and the possibilities that it offers along with decentralized, censorship-resistance systems imbedded with cryptography at their heart, and sovereignty in mind may just be the kind of protocol that we need to breath life into The Political once again. Few of you will believe in the possibility of such new system of politics for the future, and even fewer will participate in attempting to building such systems, but I believe it is our only hope to create a future which is more free than the one that we have been given, and it is the only hope we have now to ever access The Political again.

I don't think you are helping by not voting.

I think I see where you are coming from though

I just read Iron Empires about the railroads and the wealthy people that owned them in the US in the booming railroad days.

I gotta say these wealthy guys were pretty bad ass.

All the poor people complaining about how rich they were never seemed to do anything except complain.

Kinda reminded me of nowadays 😄

Pathetic

One thing not often stated by business that say they do various donations, charity work, etc

WE should decide where this charity money goes

Not the individual investor or customer who could do what they want with that money

That kind of annoys me

I’m likely to distrust all large institutions like government, medical industry, media, etc