crypto that isnt stupid

[hooligan]

The statements that follow are not meant to put you down or as to indicate that I know it all, they are things I have observed over the years.

Before I continue, I bid you well on your quest, if you succeed you will be one of the first to do so in history.

I have noticed that those that have an incredible desire to help others have failed to look introspectively in detail. if they did they would notice that by far and large they need more help than those they are trying to help. Anyone below the 4th level is really in no position to help others. in order to help another one has to be of sound mind and heart on multiple levels and multiple fronts. For one; you have to have almost no bias. You should be able to look at any situation without letting the situation get to you. If one can't then generally one is deluding themselves about helping others, what they are actually trying to do is mask their weakness under the guise of helping others.

Are you sure the masses want to awaken? Having an inner child within you means nothing. Some children are silly, some children are curious and want to grow and expand and so forth.

You may view these statements as empty conjuring or total BS, it's up to you and it's your right to do whatever you want with this information

what a polite response . will respond on both fronts .

1: i agree with all this . profoundly . my desire to help others is beyond all that self-weakness masking . it's balanced with my selfish desires and integrates with them . the world being a nicer place makes it nicer for me . i have no desire to help in a way that's over-sacrificial . i'm just not afraid to fully imagine what it would take , in case i ever find myself with the resources to give it a shot in a balanced way .

2: i disagree . the following may sound like nonsense to many , because its a matter of having taken interest and observed it yourself: what are children really like ? in my opinion , a nuanced view of children from ages 0-12....

(or up to 18 , depending on how resilient they've been to having their soul destroyed by school)

betrays an extremely hopeful view for whats possible for humanity . if one decides to Really view children from an unbiased and curious perspective , one finds a cave of wonders . not to be sappy . to me it's just factual , if you actually take a look . children generally , when healthy , desire nothing more than freedom , independance , empowerment , creativity , and the knowledge and tools to achieve those ends .

what ruins them is the control machine . it rewires all their desires and aspirations . it's that powerful . all the doom and gloom here about the masses misses that point , in my opinion . the control scheme is extremely strong .

you don't so much have to "wake people up" to it , in my opinion , to fix things , as much as just protect children from it so they can (naturally) grow into sovereign adults who won't put up with it .

you can also just create environments that re-wire adults back to their natural state . that'd be my plan . just create economies and locales where people can rediscover their free impulses and unwind all of the falsity . become creative and then crowd out the darkness without even having to confront it directly .

[hooligan]

Lol, I recently had a random, friendly exchange on another forum with a very nice chap who was debating the fundamentals of BTC vs. gold vs. cash - he preferred BTC and mocked gold and cash.

As I consider myself a Level 3.2 Sol Initiate (proven Force-Insensitive thus far, unfortunately), I explained why I liked all three assets, for different reasons:

Gold = rock;
Cash = paper;
BTC = some code;

What gives them value is herd psychology (i.e. MP). If enough people believe that bitcoin is "digital gold," and hence a store of value, then BTC is going to act like that, until the herd changes its mind (or is induced to do so). Likewise with cash, gold, Ether, Monero, expensive artwork, tulips, etc.

wealth = trade advantage

first , own what you value , to be happy

but for wealth you want to save for the future?

own what other people value

then you can trade it for whatever you want whenever you want .

wealth = trade advantage

[Yodean]

They may not desire misery but at certain point(s) they realize they are miserable and that that is the real human condition (because some outside influence intrudes on their life in their particular Plato's Cave and disturbs them). They are unaware they are "victims" of Price's Law and the Pareto Principle:

https://www.youtube.com/watch?v=s_WBWCVmmrc

Even if they were aware, in severe economic downturns, they succumb to the siren call of the socialist/communist demagogues.

Excellent video clip, although I am definitely biased as I tend to agree with Jordan on many issues. Plus, he lives in my city. On second thought, Budge, you should send this clip to AOC!

The problem with Price's Law is that it seems to hold true in many contexts but the implications, when seriously considered, would be quite disturbing to the Left, who tend to conflate "equality of opportunity" with "equality of outcome."

Bad, bad, bad . . . terrible boo-boo.

[Pipedream]

[/quote]

wealth = trade advantage

first , own what you value , to be happy

but for wealth you want to save for the future?

own what other people value

then you can trade it for whatever you want whenever you want .

wealth = trade advantage
[/quote]

This philosophy makes a lot of sense. What is currency? - that which others value!

[Budge]

wealth = trade advantage

first , own what you value , to be happy

but for wealth you want to save for the future?

own what other people value

then you can trade it for whatever you want whenever you want .

wealth = trade advantage
[/quote]

This philosophy makes a lot of sense. What is currency? - that which others value!
[/quote]

Old saying: "Too many know the price of everything but the value of nothing."

[SOL]

Interesting sayings or proverbs to keep in mind for life in general and or when investing


What costs nothing is worth nothing. ~ Dutch Proverbs

The cost is high of the honey that must be licked from thorns. ~ Dutch Proverb

To enjoy life is worth so much more than it costs. ~ French Proverbs

When a habit begins to cost money, it’s called a hobby. ~ Jewish Proverbs

Compliments cost nothing, yet many pay dearly for them. ~ German Proverbs

Take a second look; it costs you nothing. ~ Chinese Proverb

If charity cost nothing and benevolence caused no heartache, the world would be full of philanthropists. ~ Yiddish Proverb

A drop of water in the eyes of the Tsar costs the country many handkerchiefs. ~ Russian Proverb

[acebach]

Interesting sayings or proverbs to keep in mind for life in general and or when investing


What costs nothing is worth nothing. ~ Dutch Proverbs

The cost is high of the honey that must be licked from thorns. ~ Dutch Proverb

To enjoy life is worth so much more than it costs. ~ French Proverbs

When a habit begins to cost money, it’s called a hobby. ~ Jewish Proverbs

Compliments cost nothing, yet many pay dearly for them. ~ German Proverbs

Take a second look; it costs you nothing. ~ Chinese Proverb

If charity cost nothing and benevolence caused no heartache, the world would be full of philanthropists. ~ Yiddish Proverb

A drop of water in the eyes of the Tsar costs the country many handkerchiefs. ~ Russian Proverb

i love them, Sol. Lol. check out the ones i made below, hope u enjoy them.

What costs nothing is worth nothing. (what costs everything is worth even less.)

To enjoy life is worth so much more than it costs. (To enjoy death is worth even more.)

Compliments cost nothing, yet many pay dearly for them. (Innocence costs nothing, yet many pay dearly for them.)

If charity cost nothing and benevolence caused no heartache, the world would be full of philanthropists. (If greed cost nothing and maleficence caused no heartache, the world would be full of politicians.)

A drop of water in the eyes of the Tsar costs the country many handkerchiefs. (i have no idea what this means! lol)

[Tactical Apprentice]

The Bitcoin saga seems to have too many endorsements. Since Sol recommends you pay attention to the Fed I looked into their digital currency bread crumbs.

Seems that they've piloted RippleNet software for global transactions which touts to work with any fiat currency and digital currency. Like any company, they will find a way to favour their XRP digital currency in the RippleNet system in some trivial way (like how amazon apps seem to have seizures on my iPhone from time to time).

Conveniently the SEC has sued Ripple limiting the ability to purchase XRP in certain places and you must be an accredited investor with over a million in investable assets to even hope to invest in the company itself.

I am about two days old in the digital currency world. For those that have kept an eye on it, is this private/public partnership something that the Fed will pull the trigger on? How does this affect the US dollar (if XRP is implemented with RippleNet)? And will early adoption of XRP even pay off for those holding?

[Investor87]

My friend introduced me to a crypto that seems to have a lot of traction. 13 million users and counting. It was 12 million a few weeks ago. The unique thing they have going for them is the ease of "mining". You click a button once a day on a phone app. Right now it is more distributing than real mining. Once they have a certain number of users they will stop the "mining", develop the blockchain, give it a price and get it on an exchange, etc. They are shooting for 100 million and it seems like they will get there. I am reminded of what Sol said about a product. It might be crap but if people are interested in it then the value will go up... or something like that.
Here is the link if you want to check it out: https://minepi.com/sjgorton. If you use sjgorton as the invitation code you can get a bump in mining speed (after 3 sessions if you add me to you "circle"). It might be worth something someday and then again it might be a waist of time. I thought it was worth the 3 seconds a day to push a button. I am reminded of Pavlov's dog though. I wonder what it is training me to drool over.

[Yodean]

Seems that they've piloted RippleNet software for global transactions which touts to work with any fiat currency and digital currency. Like any company, they will find a way to favour their XRP digital currency in the RippleNet system in some trivial way (like how amazon apps seem to have seizures on my iPhone from time to time).

Conveniently the SEC has sued Ripple limiting the ability to purchase XRP in certain places and you must be an accredited investor with over a million in investable assets to even hope to invest in the company itself.

For those that have kept an eye on it, is this private/public partnership something that the Fed will pull the trigger on? How does this affect the US dollar (if XRP is implemented with RippleNet)? And will early adoption of XRP even pay off for those holding?

Although I am certainly no crypto. expert, I share Marty A.'s view on this matter:

"XRP is a digital asset built for payments. It is the native digital asset on the XRP Ledger—an open-source, permissionless, and decentralized blockchain technology that can settle transactions in 3-5 seconds. The reason these people are pushing this is not about the dollar, it is to end paper money. They are forced to realize that Keynesian economics failed as the solution to 6 years of quantitative easing unable to stimulate the economy. As people hoarded their cash instead of spending, they caused the velocity of money to decline. Hence, they need to end paper money to prevent hoarding but to do so, they need an instant clearing of digital currency. Make no mistake about it, XRP will also terminate all private cryptocurrency.

Either Mark Carney and the IMF are completely ignorant as to why the dollar is the reserve currency that nobody else can displace, or they are deliberately hiding the truth which is a major default on world sovereign debt. The dollar is the reserve currency for three primary reasons:

(1) The US dollar has no restrictions and anyone can issue debt in dollars without controls.
(2) The US dollar has never been canceled.
(3) The US economy is the largest in the world with the core consumer market to which the world sells.

Europe routinely cancels its currency which introduces risk which prevents it from being used internationally in physical form. While they have not canceled the €500 note, few people will accept them for fear of being canceled. Even India canceled its high-end notes which I have from the last time I went to India to meet with our institutional clients there.

Only the dollar remains legal tender since 1861 and Trudeau had a law passed in Canada withdrawing the legal tender status of some notes by January 1st, 2021, which now allows him to cancel all paper money at his pleasure. Canadian dollars now have a risk of cancellation as of January 1st, 2021."

https://www.armstrongeconomics.com/mark ... of-barter/

I included the last little bit because I know you reside in Canada. Interesting times, indeed.

[Tactical Apprentice]

Great article, makes sense that the new system requires 5G speeds.

Watching companies like Facebook making a Libra digital currency reminds me of those old stories where mining companies and railroads would issue 'Company Scrip' that you could only spend in company general stores.

Like those old Company Scrips, I think the vast majority of these currencies will be wiped out by the government-backed monster. I'm sure many Stablecoins are superior to XRP, but if this turns into the Fed's dog... it's the same as arguing over who has the better banknote ink.

My good friend Trudeau gives me hope! If his people implement 5G as well as Justin acquires vaccines, cashless Canada will come to fruition roughly 2060.

Thank you for pointing me towards Marty, his site looks like a gold mine that seems complimentary to the TI frame of mind.

[AstuteShift]

Unfortunately this entire space is just another asset prop for marketeers, shills and of course rampant scammers

In the era of hot money, no asset is safe or secure. It’s all about mass psychology and if you convince the masses then you have people who will buy the tops with taking massive loans to buy and also have them selling their cryptos or assets at the bottom

History shows us this over and over and over again. Nothing changes since the mass mindset is wired to lose

[Yodean]

My good friend Trudeau gives me hope! If his people implement 5G as well as Justin acquires vaccines, cashless Canada will come to fruition roughly 2060.

Thank you for pointing me towards Marty, his site looks like a gold mine that seems complimentary to the TI frame of mind.

Lol, yeh, Justin's a real piece of work.

Just a bit of warning about Marty, not that you need it - you seem pretty discriminating and careful, very "Canadian." Armstrong's financial experience and geopolitical insights are quite extensive, and his A.I. system Socrates is quite interesting - with that said, the man himself holds extremely strong political views and is very passionate about his beliefs. Potentially, this could affect his judgment at times. Reading a lot of his stuff may in turn polarize readers a bit, to their detriment.

On another note, recommendation #42 of the Canadian Federal Budget for 2021: "Extend income support programs such as EI and the Canada Emergency Wage Subsidy, and consider the implementation of a universal basic income program. (pg. 36)"

Crazy, eh?

[SOL]

people may not beleive it now, but many individuals will start to leave both Canada and America for places that offer more freedom. The pendulum has started to swing in the opposite direction, therefore it means a more intrusive government and lower levels of freedom.

Observers should start to make backup plans now