Can we have a thread about what the hell to do right now?
🗣️ DISCUSSION 💬
First of all, I'm an idiot when it comes to anything financial. I know many of you aren't. What is the safest thing to do with the money (fiat) that we do have right now? Leave it in our local bank? Credit union? Keep it as cash in my sock drawer? Also, the money in my 401k? Switch it over to bonds or something else I don't fully understand? Any thoughts from someone who's been paying better attention to these things than I?
You should buy whatever you believe in. The most popular are bitcoin and gold.. If you need cash then only hold in the major 4.. if you want to invest you can get t bills for a solid return as long as the government doesn’t fail. Believe it’s like 4-5%. That’s why the banks are gonna be failing because people are taking their money out and getting these t-bills. Personally my game plan is to buy bitcoin with any excess cash, I think that will make me sleep the best
You'll find that the reason you sleep well is that you have chosen to store some of the fruits of your labour on the blockchain instead of in [their] blood stained system. YOU have been able to do something, albeit very small, but personal in this struggle against evil.
Every transaction using [their] system, using [their] money, we unwillingly and unwittingly enable the banksters in quenching [their] thirst for our children's blood.
To have your wealth outside of THAT feels amazing, to no longer be enabling [them], even in a small way simply feels great. It's worth having some just for the good night's sleep.
EVERY single other thing of value on this planet is either controlled by [them] or [they] own almost all of it. Bitcoin, hee hee, ha ha .... [they] will NEVER own a significant amount of it.