Imagine if someone decided to dump a pound of this stuff into the toilet. Would they be able to clean it out or would it contaminate the water supply and kill thousands? Terrifying thought.
Real estate down 70% in a month is very inaccurate.
If you like sci-fi:
Arrival, Annihilation, Interstellar, Cloud Atlas.
Other good ones: Inception, Shutter Island, Everything Everywhere All At Once.
Politician #♾️:
"(Insert issue here) is bad/good! It should be stopped/done by the government!"
--> Prints money to accomplish the goal without raising taxes, causing inflation and a slow breakdown of the social order which ultimately makes every problem worse.
--> Politics + money printer = disconnected from the constraints of reality and the long term consequences of their actions.
--> Trying to change politics without first fixing money is ultimately a waste of time.
--> Bitcoin is the cure to the poison that is printing money.
Owning Bitcoin is an (r)evolutionary act.
People act like the government is some omniscient and wise entity that surely won't collapse or do things that hurt society.
It's just people. Mostly rich people, and they only really care about maintaining or growing their wealth/influence/power/control. Money printing just makes this even more the case, and completely breaks honest government.
Earlier this year, a chinese family moved into my small town. The family had two twins who were both seniors in my class, Ving and Ling. Ving and his sister Ling were quiet to start off with, but eventually I made good friends with Ving. After talking to him for a few weeks he revealed to me that he absolutely abhored his name, and that he'd do almost anything to figure out how to get it changed. I asked him what he wanted to change it to, and he said
"lee, like bruce lee or some shit."
I was failing trigonometry at the time, and so I thought what the hell, and offered to help him in exchange for him doing my homework. Ling overheard us and chimed in,
"If you do that, father will disown you as our child. That name has been in our family line for generations."
Ving never really listened to his sister though, and he still wanted to go through with the plan. The next day after school, I drove him to the town hall. After we arrived, he had gotten the name-change sheet and was scribbling down information on to it when I saw his face change. I could tell he was extremely conflicted with his choice. Tears began to stream down his face. He finally decided that he was gonna have to cancel his request, and Ling looked relieved. The receptionist let us know that there would be a cancelation fee, and handed the fee waiver to her. Suddenly, A short asian man with neon shorts, ray-bans, and an american flag t-shirt bursted into the room. Ving turned in awe and stared at the man, as tears rolled down his cheeks.
"D-D-Dad?"
With a huge smile on his face, the man ran up and embraced his son.
"Don't stop, be Lee, Ving.
Hold on the that fee, Ling"
Proof of (mi)stake.
Lucky charms is delicious as an occasional treat, can't imagine having it all the time for breakfast as a meal. The average person's diet is trash, is it any wonder they're all unhealthy?
Correction: 7 - 10%.
Good morning and Happy Valentine's Day. ❤️😊
Bitcoin introduced a different type of greater fool dynamic, the greater fools are those who dismiss Bitcoin without trying to understand it.
Do you understand these terms?
Supply and demand.
Marginal cost of production.
Exponential growth and decay.
If not, you don't understand the value drivers of Bitcoin.