I see 2 causes for the rise of inflation. The obvious first cause is government' spending. Central banks have been printing money like there's no tomorrow, and this just can't go on forever. But a second problem is with many shortages. I'm always watching closely the automotive industry, and it's facing hard times because of a shortage of chips. Nobody had seen that coming, but the result is that car prices are on the rise. There's also a home shortage because of scarce supplies in several countries, so houses prices are also on the rise, and much more than 3% per year. I've also noted this article a few days ago: https://fortune.com/2021/07/08/steel-prices-2021-going-up-bubble/Steel prices have more than doubled in a single year. Copper price is also red hot because of the surging demand for electric cars. I don't know when this will end, I guess nobody knows, but those are many signs that inflation will only get stronger.
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The ATMs I've used haven't asked for my phone number. (There were shitcoins machines in Europe). What country has no phone number bitcoin ATMs? Might mark that down to visit during my next big vacation. That was in France, but I've read ATMs have been closed in that country, and in Greece.
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The ATMs I've used haven't asked for my phone number. (There were shitcoins machines in Europe).
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I have the feeling that Mr Musk wants to rule BTC. He gives conditions. I will accept BTC if... Sorry Sir, but if you support BTC, you put no condition to its use.
I guess its customers should do the same, and avoid buying an electric car if there's no green electricity available in their area.
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I remember all the guys saying "Trump's not my president", and yet he was. Because the president of the USA is by law the president of all Americans. There's no such thing with that "Bitcoin Mining Council". It only represents the people behind it, not all miners, nor all bitcoiners.
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It's surprising that people talk about the cars, but that's not my point. It doesn't matter that the cars are good or bad. My point is that Elon Musk has a big mouth, and that he uses it to play havoc with BTC. Some day he says he supports BTC, that he's a big fan, and merely a few weeks later, he says BTC is dangerous to the planet... As an old BTC investor, I can't accept this. Maybe Musk is rich enough not to care about BTC's price, but I do.
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You can't believe what Tesla says. I remember they talked about a new roadster in late 2017. They've shown a prototype telling it would be available in 2020. But the world has yet to see it, same thing for the semi truck which was unveiled at the same time.
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If I buy some bitcoin worth $1K, including fee and cost, then one year later it is worth $2K. At that time, I give it to my friend. My friend then sells it for $2K. Then, does my friend have to pay tax?
You made the gain, so you and only you have to pay capital gain tax if there's one where you are.
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I will never buy a Tesla carI'll buy one if I can get it cheap to sell it for a big profit. Well, that doesn't happen very often to be able to sell a used car and make a profit... I've done it a few times though, but I won't even try with a Tesla.
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I've never worshipped Mr.Musk. I guess his only talent is that he can make people believe what he says. That's it.
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I'm planning to buy a new car this summer. Not very sure of what I'm going to get, but I have no doubt about what I'm not going to get. I'm not going to get a Tesla. Never. Wouldn't even accept a test drive.
Hey, BTC's falling hard this week, and the guy who started the fall is Elon Musk, Tesla's manager. There's just no way I'm going to spend my money with the guy who's destroying my savings.
All bitcoiners should blacklist Tesla cars or any product or service coming from a company owned by Mr.Musk.
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My idea is to show off how successful BTC is. The crypto world can afford a bank. Ideal would be an old Swiss bank.
It would be useful to us as we still need banks. I'm still making several bank transfers every month, as there are still plenty of things we can't pay with BTC. So we all have several bank accounts, and wouldn't you prefer to use the services of a bank owned by BTC holders?
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I still see many people being puzzled by BTC, saying it's a bubble, that it's going to crash, etc... Taking advantage of the huge price rise, I think some early believers should team and buy an existing bank. Not Barclays, nor JP Morgan of course, but there are small banks out there. Imagine a bank owned by bitcoiners, for bitcoiners. It would become an exchange, and it would be the best exchange in the world with the full ability to make Swift and SEPA transfers without the need to use the service of a third party.
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Look at Tesla' stock. There are plenty of companies which do not give any dividend, but that doesn't prevent plenty of folks to buy them.
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Aircraft carriers aren't dead, yet. India recently launched one, so does China and the US Navy has a plan, too. I agree they're difficult to protect, but the services they can provide are so great, that armies still want them. There are some faraway missions which couldn't be done without them.
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Unfortunately, it's illegal to buy property in the EU with BTC. To those who are not familiar with this business, it's also illegal to pay in a foreign currency like the US dollar, or to pay cash save in one country. Even if the buyer accepts BTC, the transaction must be in the currency which is legal tender in the country, and the price shall be written in the contract. Sorry, but there's no choice.
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You can't be safe when you use Poloniex, this exchange doesn't hesitate to steal coins from its customers when something goes wrong. More than 1,000 BTC were stolen. There are other exchanges, forget Poloniex.
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With these figures, results (with compound interest) of + 481% during 2017, + 647% during 2018 and + 718% during 2019 have been consolidated.
If I had a trading system this good, I would keep it all for myself and be very happy.
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