I have gold and silver coins on hand and they'll spend at many times their current value in the situations I speak of. No internet required, I can hand it to you. US mint makes nice stuff. I mostly have silver as gold coins are worth too much. You'd have to start clipping pieces off.
I’m confused. Does TurboTax allow you to pay taxes with gold bars or something? Explain.
No. So it's purely a commodity then just like gold. One with a utility that could show itself to be useful at some point. I have no doubt it will do well vs the dollar, euro etc. in the short term as a hedge to currency. My concern over BTC is more about when/how governments sabotage it once its utility hits critical mass.
It's also an electricity hog and the greens hate it. The North Wasco County PUD (The Dalles) has very cheap energy. Lots of big server farms and some Bitcoin miners hooked up to The Dalles Dam. So the fascist dems hate anything that they can't control and with increased support for using the government surveillance to monitor behavior, not to hard to shut it down if the government wants to.
So is Bitcoin simply another form of a stock, or can you actually use it to buy food and pay bills? Seems like it's a speculative stock at this point in time unless you're a drug lord or child traficker.
Oh Jesus get off the soapbox. Bitcoin is a virtual currency, punish the bad people.
People around me grow meat and other food...
You’re too nice RoadTrip. It’s good to take a few cheap shots at these Duckfans, I know I feel better after it.
Answer the question or shut up.
Here is my problem. Someone just decided to halve the miner reward per BTC thus doubling the production cost to $53k. Expected to cut production from more expensive producers resulting in a production cost of $42k. Who decides and how subject are they to manipulation by state or non-state actors? Pretty good article on where Bitcoin may be.
@huskybuck said the rise in debt was juut due to inflation but people were just paying it down every month with all the cash they have.
I've carried a higher balance then I've ever had it my life and i've also been able to pay it down relatively easy and keep it at zero. So yes, thats correct. I've already proved that people have grown their net worth significantly the past 4 years even with inflation accounted for.@huskybuck said the rise in debt was juut due to inflation but people were just paying it down every month with all the cash they have.
I'm still waiting for you to back up your mouth and make that 10K bet against me. I already know you wont.
Delinquencies up 50%, people just making the minimum payment is up 25%. Is that not something to be concerned about?I've carried a higher balance then I've ever had it my life and i've also been able to pay it down relatively easy and keep it at zero. So yes, thats correct. I've already proved that people have grown their net worth significantly the past 4 years even with inflation accounted for.@huskybuck said the rise in debt was juut due to inflation but people were just paying it down every month with all the cash they have.
And finally, I've also demonstrated I can beat inflation with a 20% gain in 24 hours. Like seriously, what more can I do bros? Yes, if youre too stubborn to take great advice like i've proved on this board, I can't help you.
I'm still waiting for you to back up your mouth and make that 10K bet against me. I already know you wont.
Nope didn't buy Bitcoin. Wish I did, but didn't. Its not too late to buy right now though. That thing will make 500K book it!
