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24 sats \ 0 replies \ @0xIlmari 6h \ on: Trumps inauguration speech is utterly incoherent Politics_And_Law
Looks like typical Trump rambling tbh.
Putting faith in politicians will only lead to disappointment.
America had a shit choice to make and IMO chose the less shit option.
They're trying to sneak through something very insidious here:
The DOJ argues that it is irrelevant for Storm's criminal prosecution whether Sanctions on the Tornado Cash software were legal
Translation: "You WILL obey ANY law and non-law (per my understanding, sanctions are executive orders, not laws) that we issue, without question, like the good slave that you are."
Whereas for a healthy society to function, it is everyone's right, obligation, even, to reject, ignore and disobey laws that are unjust, tyrannical or illegal (e.g. contravening the constitution or human rights).
The best thing you can actually do, is to find someone to pay bills for you with their fiat.
Probably best to find a new-coiner at a meetup and help them begin their stacking adventure.
You can move that microwave from one counter to the other without losing your breath? Wow, you're fit!
Westerners are kinda dumb.
- They want cheap phones.
- But they won't work cheap jobs at a phone factory - those are for "brown people".
- They don't want to "import" "brown people" to work those jobs because they are dirty and criminals.
- But they don't want the factories to run abroad because that's "stealing" the few "white people" jobs they might create.
(Disclaimer: These are not my views, It's a caricature of the way of thinking of an average privileged white person.)
Like WTF man, that's like the pinnacle of wanting to both have a cake and eat it too.
I live in the EU and I HOPE Trump changes this toxic arrangement. European manufacturers had it easy. The US has been buying shit from us for decades since the Marshall Plan and their only export product has become the Dollar.
If Trump rebuilds the US production base and imposes massive tariffs, perhaps then the European economy will be forced to adapt or die. And finally shed the overregulation, ESG, DEI garbage.
Every family gathering, whenever pensions come up and the older ones ask the younger generation "Why do you not care about your pension? Why do you only pay the required minimum?"
I reply, "Because we don't expect to see a single dime of it back. The <name of our state insurance "company"> will not exist in 10 to 20 years. It's mathematically unsustainable and will collapse. So enjoy yours while you still can."
They sigh and eyeroll at me. I think they don't want to believe it, because it existed throughout their entire lives, even though they know I've been researching this and have the receipts to back it up.
I would say do anything to show disregard for government but since it's just a massive time waster and probably CCP spyware, I'd pass on this one.
I honestly don't understand how a "law" like this can even pass with a straight face. To me, this violates basic human rights (not to mention any Western nation's constitution), so it's null, void and should be ignored by people.
World population is still growing. Slower but still. Population generates a direct demand on real estate, so unless people start accepting lower living and working standards (why would they?) aggregate demand will continue to grow.
Now, supply cannot physically grow. Land on Earth is as scarce as bitcoins. In fact, due to rising sea levels, it's poised to shrink, if anything.
Basic laws of supply and demand answer your question in global aggregate.
That being said, you have to take your local conditions like demographics into account. For instance, a lot of countryside in the US is still empty and unlikely to appreciate in value due to these factors anytime soon.
I'm not saying whether land is undervalued right now, but I expect a long term trend to be upwards. It's like Bitcoin - we never know when we're in a real dip but we know where we're going in the long run.
I don't mean a "service". Converting bitcoin to fiat to pay for stuff is still backwards.
Do instead what Darth has been preaching for years. Convince your favorite merchants, barbers, your landlord to accept bitcoin for their products and services. Have someone pay a bill for you and give him bitcoin.
That's a bitcoin standard.
All well and good but I'd love to see some Texas Holdem Poker. There used to be a great site that did that but it was shut down.
Price controls and caps will disincentivize more producers of a product from entering the market and may push out existing ones due to unprofitability. Which leads to supply shocks.
Price controls = commies
I think this is very similar all over the European Socialist Utopia. Running any sort of microbusiness is straight up insanity because you have to pay some parasitic leeches just for existing more than you could possibly earn.
Capital gains tax is one of the most immoral, hypocritical taxes ever invented. They print money, inflating the nominal value of your assets like stocks or pension funds and then have the audacity to tax that "increase" even if the purchasing value has actually decreased.
How about you just use Bitcoin peer to peer like intended and the government can fuck right off?