Biden Day 147
- Thread starter gamecane1979
- Start date
https://www.newsmax.com/politics/g7-libya-queen-boris-johnson/2021/06/14/id/1025019/
Kamala has not been to Europe and Joe doesn't know he is there.
Joe has been one blunder after another while there embarassing the USA.
Kamala has not been to Europe and Joe doesn't know he is there.
Joe has been one blunder after another while there embarassing the USA.
Short term you are the smart one.
Long term the greatest country in the history of the planet is being taken apart brick by brick. Biden is not smart enough to be the architect, but he is a willing pitchman.
Some would agree and some will disagree. What I do know is that it's a lot of money floating around and it's readily available for the industrious types. Crypto futures might be something to look into.
Crypto is enticing. I love the concept of it being outside of government control. But I'm not sure that governments can't squash its practical value. What if China decides it doesn't like Crypto and makes it a crime to use it?
It's coming just FYI.
There is no way that governments like China, Russia and the USA allow an unregulated currency to actually function long term. They have no way to control it, and therefore, have no way to control the people.
My guess is that in the next 5 years, all major governments will develop their own form of digital currency which will be the only form of digital currency eligible for purchase in their respective countries.
Digital currencies will be able to be traded and converted the same way paper money is today... if you're planning a trip to Europe you can exchange your American Crypto for EU Crypto, etc.
Bitcoin will be transferable at a discounted rate. For example: you have 10 bitcoin that is worth $310,000 right now. You can exchange them for whatever the new government crypto is, at probably a 50% rate reduction... if not more.
Once that happens, Bitcoin will no longer be eligible for use of actual purchases, so while they may retain value in an unregulated market... you'll never be able to use them for anything tangible, and when you do want to trade them in or use them for a purchase, you will be forced to take a huge reduction on the value.
People will still have huge Bitcoin wallets worth millions of dollars, but it's just numbers on a screen. No actual value can be assigned until it converts to some form of government regulated crypto.
This, of course, is all just my opinion... but I find it very hard to believe that the world's governments will allow an unregulated and untaxed currency to be utilized anywhere in the world without tax or penalty. That would essentially usurp their ability to control their citizens.
Name a time in the recorded history of the world where that has happened.
Gamecane1979 and Rkrantz,
Have either of you watched the Netflix series "Startup"?
For those that haven't it is set in Miami (lots of true Miami filming) and is about a tech startup that begins as a Bitcoin alternative and then moves towards mainstreaming the dark web. They pitch the privacy and freedom from government control of their offerings. Lot's of Scarface style violence. The worst villians are the FBI, NSA and Russian Mob. There is something for everyone. The three main characters are the token greedy white guy, the bisexual Cuban girl, a tech genius, educated at Stanford and the most sympathetic character of the three is the Haitian that was the leader of a violent drug gang, then becomes co CEO of the growing tech firm, trying to get PE financing by day, but keeps his drug gang leader job by night.
I highly recommend binge watching. Tonight it would offer something other than the usually boring and now needlessly political all star game.
Have either of you watched the Netflix series "Startup"?
For those that haven't it is set in Miami (lots of true Miami filming) and is about a tech startup that begins as a Bitcoin alternative and then moves towards mainstreaming the dark web. They pitch the privacy and freedom from government control of their offerings. Lot's of Scarface style violence. The worst villians are the FBI, NSA and Russian Mob. There is something for everyone. The three main characters are the token greedy white guy, the bisexual Cuban girl, a tech genius, educated at Stanford and the most sympathetic character of the three is the Haitian that was the leader of a violent drug gang, then becomes co CEO of the growing tech firm, trying to get PE financing by day, but keeps his drug gang leader job by night.
I highly recommend binge watching. Tonight it would offer something other than the usually boring and now needlessly political all star game.
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