Don't feel bad. Donald Trump is also the Donald Trump of the Caribbean.I wish we had our own Caribean Trump
I'm not too savvy about crypto currency but if someone's bitcoin stash becomes permanently unaccessible then wouldn't that take bitcoins out of circulation? If they are not minting more bitcoins to make up for those cases then bitcoin as a currency has a limited shelf life.
That's my hope. That the Trump effect finally breaks through the conditioning. But it's hard man, our "chuds" for the most part consider orange man a crazy lunatic. How incredibly stupid Europeans as a whole are about American politics would leave you breathless.
I get your point, but conflating those two words is bullshit, if I got up in your face irl and started screaming that you're a stupid nigger and need to be deported, that's a hostile action, but it's not a violent one. I have not seen anyone call this commercial violence, and if it's not hostile then I don't know what it is because it certainly wasn't done with the intention of being friendly with the Trump administration
I would say that makes sense on its face, but there is a difference between the scarcity of physical money vs. Scarcity of fractions; there is no limit to how infintesmal of a fraction of a single bitcoin you could sell or use. The extremely high value of a single one has pushed this to a very unique plateau so far, and as more bitcoin becomes "lost" there is no reason to suspect that wouldn't continue the trend further.
He has. There are FBI agents running around interviewing people, serving subpoenas, etc.
This was literally a feature of the gold standard and why (((Bankers))) wanted off it.
Hitler, Mussolini and many others who were more antisemitic than you didn't use a gold standard.
Boom and bust cycles were worse under a gold standard. Much like bitcoin a gold standard doesn't work when the value swings 15% every day.
This is because of fractional reserve lending under the gold standard. Not the gold standard itself. But fractional reserve lending was the band-aid put on top of the gold standard to fix its liquidity problem.
We didn't have +/- 15% daily currency swings before 1972.
Double-entry book-keeping and the associated fractional reserve lending has been around since the Renaissance, centuries before anybody had really started thinking coherently about the boom/bust cycle.
Totally agree. debasement and coin clipping and many other work arounds can be used, and have been used since forever.
Trump should work harder to deport more. That will be true until I can walk down any major city until I see almost no brown people. Seeing the approval numbers of Trump and republicans, plus getting rid of section 2 of the voting rights act. Maybe a new census. Those things would be a massive boon for 2026 and 2028. Hell Bannon is saying Trump will win in 2028.
Bitcoin isn't a security, since there's no underlying asset or income stream it secures. It's a digital collectible, like weapon skins in Counterstrike 2. And in a funhouse mirror version of the US economy, the entire crypto "economy" (which consists almost entirely of speculative bubbles and very few goods & services traded), it's undergirded by a continually expanding supply of a fiat-like currency called Tether, which supplies most of the liquidity to the crypto market. And, like the USD, it really isn't backed by anything. The Tether Company will not redeem Tethers. You can't cash out your USDT, only sell them to someone else.
I present to you, the backing for USD.
No historically the boom and bust cycles were disastrous. When the ship from the New World arrived loaded with gold the price always collapsed since the available physical supply just instantly doubles or triples, etc. This happened over and over for various reasons.
Yes printing more money than what was needed compared to growth (boom) and devaluation (bust) are bad. You ideally would have something that would have the same value no matter what the economy looked like. But that isn't possible. The difference with fiat and commodity currencies is that trillions of new dollars don't just show up from a new continent. A person or group of people had to make it. So blame can be put and changes can eventually be made to "right the ship". The new gold from the new world ended the Spanish empire, and the destruction of the armada.
Agreed. The Leftist politicians and their criminal supporters such as Antifa are trying to slow down the deportations and run out the clock until Trump is out of office.
My god, it would be heaven on earth to have an America that was 95% white. Think of all the wasteful and exhausting b.s. that could be avoided - no more catering to each and every non-white demographic, well functioning k-12 schools throughout the country, massive reduction in crime, communities (even cities) where people get along with each other because they have shared backgrounds and ancestries, enormous reduction in welfare payments, huge reductions in medical costs, much more housing available, and cities and states that function properly.
Yes, those things would be helpful, but SCOTUS definitely needs to arrive at the correct ruling on birthright citizenship. If they get it right, it will have a massive impact on the motivation for browns who want to enter the US illegally. It would also curtail ‘birth tourism’ - lots of Chinks engage in that unsavoury practice.