0 sats \ 0 replies \ @KingZing 29 Jun 2023 \ on: Money saving tips to stack more sats? bitcoin
I review what I am subscribed to and just lumpsum buy a stack of SATs instead
Nope. Data and science for me. Some superstition simply don't get weeded out because they don't do harm, acupuncture for example.
It's the default limit which you can change the setting.
What I find truly strange is how everyone is talking about cost of living increasing but no one cares about paying the extra card fee.
I have to disagree tbh.
Way too many people are working at zombie jobs that are easily replaced, for far too long and paid far too little.
I know this very well because I work in manufacturing, it's not rare to see a whole department replaced completely by machines.
And it wasn't that the factory couldn't do it sooner, they just couldn't be bothered.
What's worse is they can only really fall back to another manual labor job, which still face the same risk.
Being able to choose when to retire and expand your knowledge/skills in things you actually enjoy doing is great.
Sometimes it do mean you won't be earning anything, but what's useful to society (/business) doesn't mean what's useful for your own personal life journey.
I have taken a few long leaves from working due to personal reasons, every time I wished it could be longer just because there's so much to do.
Just tried it out, looks more like a lightning wallet with ability to buy bitcoin, doesn't seem to have any way to do on/off ramp
Like anything else, it's all about conviction and sometimes it's even ok to change your stance.
A lot of investors hodl their stocks for decades, and it's really less about time, but more on how much of its value that you valuated is happening.
Don't see that ever happening anytime soon.
Public perception on bitcoin isn't nearly strong enough, esp on self custody etc.
Most likely we will see big banks getting bigger, with more risk averse crowd running off to them. And big banks are HARD to fall, there's central bank and then central bank of the central banks.
I own quite a fair amount actually.
I have a small portfolio of different currencies since I travel often, so I don't see it any different. USD has been doing extremely well against my home currencies. I need stables to get bitcoin anyways and been DCA into bitcoin with the interest.
Depending on what your position is, if you see bitcoin becoming the reserve currency, then all-in bitcoin, r ide that volatility and wait it out.
I see bitcoin more possible to become a reserve asset, owning USD which is the strongest fiat and bitcoin as the strongest asset, with some gold means I have the current strongest form of money and they all sort of hedge against eachother.
partly because they don't use yuan, but the chinese in hong kong do (and there are a LOT, tourists, migrations, students etc).
That being said, I honestly have no idea if them using yuan on wechat pay alipay etc are normal yuan or digital yuan.
I think the only real challenge would be if China were to continue its growth for the next decades or so.
1 and 2 are not really an issues imo.
-
Doesn't matter because there is only one real competitor for SWIFT, and it's the CIPS from China, which is extremely shit and good luck convincing nations move from the west's approved payment system to china's approved payment system. Global trade is about making nations work together to build, and using it to deter bad behaviour. Even Swiss froze Russia asset, which is just as big if not more.
-
Mistrust between US and EU aren't rare, but this wouldn't be an issue because mistrust and corruption between BRICS nations are definitely even larger.
This is also why anti-west also go for the "XYZ is just a lapdog for the US", they want to use the public to break the alliance, not understanding countries reaches decisions after discussion as an alliance.
Once your portfolio gets relatively large, having a close to risk-free option at 5% is extremely good.
Even the long time fav dividend stock "O" is paying less, and that's with a floating stock price.
There is no replacement for USD on the global stage remotely close in the short term.
even if bitcoin were to raise up, it would take years until countries remotely begin to using it for trade by default because of volatility alone, so a 2 year scale it's extremely risk-off to be buying treasuries
Stacker news is the only fun social media that I really enjoy. I am addicted to trolling on twitter though.
One criticism that is legit is the volatility is never going to go away, companies might have to use option to hedge the risk like aircraft companies do with oil.
China had so much shared bikes it was pretty crazy, I actually walked past one of these dump.
https://www.theatlantic.com/photo/2018/03/bike-share-oversupply-in-china-huge-piles-of-abandoned-and-broken-bicycles/556268/