I feel like such a yokel when everyone here talks about crypto being the future, because all I can think is am I the only one who has been through a hurricane and had to pay for everything in cash because the power and internet were out?
It's one of the things that gives me hesitation over it (plus, I prefer spending cash everywhere anyways).
I hear you- learned that lesson in earthquake country. Friend of mine used to go to this little mom and pop market near where she lived in SF because they were the only one who would accept a check in the aftermath of the quake. She had been going out to get cash & shop when it happened and then no ATM worked and this was pre-internet. At one point, the lights go out...
No you're not the only one that believes having anything in hand is better than having something online. I will not do it but that's my decision. Others have free will to invest in what they want. That's the beauty of freedom. PS, I have not been through a natural disaster, yet, hopefully never.
A little bit in crypto as part of a diversified portfolio is not a bad idea. Keep your wallet local and protect those keys. No crypto left on exchanges ever! Never put all your eggs in one basket though. Keep a good bit out of the system for those very reasons. Cash, PM's, plus a good stock of food, water, fuel and any other items you cannot live without.
We have a well where we are so I made sure to have a generator that can run the well pump and plenty of fuel on hand. Then only run it when we need to pull water out or some other electrical need. Fireplaces and rocket stove heaters especially do well in winter for heating.
I do have a deep freeze so that is one thing I will have to keep full and then use generator power occasionally. Keeping it full reduces the need to run the generator though.
I don't think it would hurt to diversify a little if you can afford to. If I had bought crypto when it was new, I would be able to purchase a load of tangible safety net with it right about now.
Yes. Capital flight is real. FACT: crypto IS out of the reach of these banks. The value of crypto is no more or less valuable than fiat currencies in this respect.
anti corruptive ... interesting. I dare say, it is not, though it does not invite corruption into the system itself. But from itself it does not exude an influence of anti corruption.
Dishonesty is a choice. And a society dishonesty was not tolerated. A man a man, a word a word. my word is my honor? merely words. Trust is old fashioned, yet, high trust societies are more successful than low trust societies. And that is where we are heading. And I dare say: beyond.
When control mechanism proliferate, it erodes trust. That is why this assetless crypto is a sign of the times: worthless and trustless. The ultimate expression of nihilism.
I don‘t care about a cost analysis on power consumption and such. You let the market work that out.
No daytrading for me but I love to try and find those smalller gems. There are and will be many.
Mostly sitting back and watching it unfold is a great long term strategy. But to have more fun, the occasional shorter term investment, Easter Egg hunt, is a blast.
A teacher from the 60s pointed this out in class. He held up a piece of chalk and said here's one whole piece of chalk. He broke it in half and asked if each part was half a piece of chalk. The students agreed. He then told them they were wrong. There were two whole pieces of chalk.
I don’t trust crypto at all. But I’m no tech wiz nor money manager type. Just a dumb former grunt from Georgia that believes we should make a genuine attempt at self sufficiency. Garden, farm animals if you have the property. Chickens at the very least. Get off the corporate plantation we’ve been stuck in for the close to 40 years of my life. Neighbors helping neighbors. Christians being Christians. Get back to an asset backed currency. God’s currency. Good and silver. God bless all of you. If you don’t believe in Him, I pray for you. Love to all of you.
He speaks the truth as he sees it. Sometimes he's accurate, sometimes he isn't. He has said some things I definitely don't agree with. But he's always interesting in terms of acquiring another point of view, which is how I view his info.
We have crypto, gold, and silver. My husband, T., never invests in anything without doing deep digs - like 8 months before diving into crypto- he's pretty brilliant so I back him 100%. T said he would never invest in the stock market - we've been married 40 years and he never has. T said the market is like Vegas - the house always wins.
I did not say you would need credit. I am talking about creating credit, based on your collateral, meaning the issuance of letters of credit. That is when you become your own bank, then you start to make money with the credit you create. Otherwise it is just as illiquide as your house or a parcel of land that yields nothing.
I feel like such a yokel when everyone here talks about crypto being the future, because all I can think is am I the only one who has been through a hurricane and had to pay for everything in cash because the power and internet were out?
It's one of the things that gives me hesitation over it (plus, I prefer spending cash everywhere anyways).
I hear you- learned that lesson in earthquake country. Friend of mine used to go to this little mom and pop market near where she lived in SF because they were the only one who would accept a check in the aftermath of the quake. She had been going out to get cash & shop when it happened and then no ATM worked and this was pre-internet. At one point, the lights go out...
No you're not the only one that believes having anything in hand is better than having something online. I will not do it but that's my decision. Others have free will to invest in what they want. That's the beauty of freedom. PS, I have not been through a natural disaster, yet, hopefully never.
Something online like a debit card?
Made a lot of money on crypto runs but only day/week trading the trends. Completely out now as I feel the music is about to stop.
A little bit in crypto as part of a diversified portfolio is not a bad idea. Keep your wallet local and protect those keys. No crypto left on exchanges ever! Never put all your eggs in one basket though. Keep a good bit out of the system for those very reasons. Cash, PM's, plus a good stock of food, water, fuel and any other items you cannot live without.
We have a well where we are so I made sure to have a generator that can run the well pump and plenty of fuel on hand. Then only run it when we need to pull water out or some other electrical need. Fireplaces and rocket stove heaters especially do well in winter for heating.
I do have a deep freeze so that is one thing I will have to keep full and then use generator power occasionally. Keeping it full reduces the need to run the generator though.
Why use the yiddish, goy?
If "yokel" is yiddish then that's the first I've been aware of it. It's used as another term for hick in my neck of the woods.
Cheers, fellow yokel! :D
here you go, fren.
https://wikilanguages.net/Yiddish/yokel.html
It was not meant to expound on the meaning, but to show it is Yiddish.
But, if you wish to know: https://www.etymonline.com/word/yokel
That's not where it came from. It came from the name of a woodpecker and it's call. The same bird that gave us peckerwood. :)
I believe the same. No way I'm putting money into something ephemeral online. I don't farm, but I have gold and silver to trade!
Is math ephemeral?
Retarded take, boys.
Im looking at more property. Maybe something more farmable than what I have now. And Ive always been obsessed with physical metals.
Always felt this way about crypto.
I don't think it would hurt to diversify a little if you can afford to. If I had bought crypto when it was new, I would be able to purchase a load of tangible safety net with it right about now.
Gold shall destroy FED - Q
Clif has been wrong about many things and I believe crypto is one of them. Imaginary internet tulips do not money make.
Yeah, I don't care about Clif's crypto crap, but he's probably pretty accurate on his comments about Canada and the issue with bank accounts.
Yes. Capital flight is real. FACT: crypto IS out of the reach of these banks. The value of crypto is no more or less valuable than fiat currencies in this respect.
Crypto is just tech and the money aspect of it puts much needed pressure on a corrupt financial system.
The rest of the tech, blockchain and such, is anti corruptive in nature and does to other businesses what BTC does and is doing to the banking system.
From someone who knows this shit inside and out, ENJOY THE SHOW ANONS.
anti corruptive ... interesting. I dare say, it is not, though it does not invite corruption into the system itself. But from itself it does not exude an influence of anti corruption.
Dishonesty is a choice. And a society dishonesty was not tolerated. A man a man, a word a word. my word is my honor? merely words. Trust is old fashioned, yet, high trust societies are more successful than low trust societies. And that is where we are heading. And I dare say: beyond.
When control mechanism proliferate, it erodes trust. That is why this assetless crypto is a sign of the times: worthless and trustless. The ultimate expression of nihilism.
Look cooser at value and trust.
Exactly why.
I don‘t care about a cost analysis on power consumption and such. You let the market work that out.
No daytrading for me but I love to try and find those smalller gems. There are and will be many.
Mostly sitting back and watching it unfold is a great long term strategy. But to have more fun, the occasional shorter term investment, Easter Egg hunt, is a blast.
Good luck to you trying to understand crypto as you are off to a lousy, albeit government induced, start.
Federal Reserve, is that you?
Is math imaginary?
Retarded take, gents. Crypto is GOVERNANCE, not money, or anything else. Once you realize that, everything else falls into place.
Yes. math is imaginary, though it can show patterns in real life. By the same token math is conditional.
One magnet + one magnet. How many magnets?
Indeed. 1 magnet.
Pieces are confusing as well.
A teacher from the 60s pointed this out in class. He held up a piece of chalk and said here's one whole piece of chalk. He broke it in half and asked if each part was half a piece of chalk. The students agreed. He then told them they were wrong. There were two whole pieces of chalk.
Also, I can prove that 1 = .999999...
Math is wonderful.
Gold and silver! This is the way.
I don’t trust crypto at all. But I’m no tech wiz nor money manager type. Just a dumb former grunt from Georgia that believes we should make a genuine attempt at self sufficiency. Garden, farm animals if you have the property. Chickens at the very least. Get off the corporate plantation we’ve been stuck in for the close to 40 years of my life. Neighbors helping neighbors. Christians being Christians. Get back to an asset backed currency. God’s currency. Good and silver. God bless all of you. If you don’t believe in Him, I pray for you. Love to all of you.
Is clif pretty legit? Good track record of accuracy, truth, etc?
He speaks the truth as he sees it. Sometimes he's accurate, sometimes he isn't. He has said some things I definitely don't agree with. But he's always interesting in terms of acquiring another point of view, which is how I view his info.
Yes, he has a unique perspective on a range of topics.
Not sure I would use him as a source on anything, but still interesting.
I find him brilliant for giving me new concepts and new ways to analyse things. I don't count on him to be right.
Exactly.
Gotcha....
Do you happen to have handy any links to his OFFICIAL social media / website / etc?
So many fakers / scammers these days.....
Does he really have a Substack as I think I've seen...?
Substack where he does newsletters: https://clifhigh.substack.com
Twitter: https://twitter.com/clif_high?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
Bitchute: https://www.bitchute.com/channel/clif_high/
Fren, you are the best!!!
Thank You so very much!!
🥰💝⚡🔥🙏🏻🙏🏻🙏🏻😎😎
My pleasure!
🙏🏻🔥⚡😎
A bird in the hand is worth two in the bush... Words to live by...
Who the hell has a bush these days?
Several people I know... KEKEKEK... Cheers Anon... ☕☕☕
We have crypto, gold, and silver. My husband, T., never invests in anything without doing deep digs - like 8 months before diving into crypto- he's pretty brilliant so I back him 100%. T said he would never invest in the stock market - we've been married 40 years and he never has. T said the market is like Vegas - the house always wins.
What can you buy though? If they ban BTC in the future, you cant buy property or food in the shops with it.
You'll be relegated to black market deals only.
You are your own bank if you actually bank with it.
Which means you use it as collateral to create credit. Do you?
Serious question, JR: if you’re buying a house and/or property, can you use Bitcoin? If so, how would that work?
Good to know. Thanqs!
Commendable!
I did not say you would need credit. I am talking about creating credit, based on your collateral, meaning the issuance of letters of credit. That is when you become your own bank, then you start to make money with the credit you create. Otherwise it is just as illiquide as your house or a parcel of land that yields nothing.