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101  Economy / Economics / Re: Higher Inflation Is Here to Stay for Years on: July 17, 2021, 12:21:49 AM
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.
102  Economy / Economics / Higher Inflation Is Here to Stay for Years on: July 15, 2021, 10:10:24 PM
I've said it for a long time, but this time, I'm not making this up. It's from the WSJ.

https://www.wsj.com/articles/higher-inflation-is-here-to-stay-for-years-economists-forecast-11626008400

BTC holders shall not worry.
103  Economy / Exchanges / Re: What do bitcoin ATMs do with your phone number? on: July 07, 2021, 11:33:36 AM
Huh

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.
104  Economy / Exchanges / Re: What do bitcoin ATMs do with your phone number? on: July 06, 2021, 11:00:38 AM
Huh

The ATMs I've used haven't asked for my phone number. (There were shitcoins machines in Europe).
105  Other / Politics & Society / Re: I will never buy a Tesla car on: June 14, 2021, 10:07:49 PM
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.
106  Bitcoin / Bitcoin Discussion / Re: I will not agree to a "Bitcoin Mining Council." on: June 14, 2021, 10:01:42 PM
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.
107  Other / Politics & Society / Re: I will never buy a Tesla car on: May 26, 2021, 03:51:52 PM
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.
108  Economy / Economics / Re: The Downfall of TSLA on: May 20, 2021, 11:07:31 AM
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.
109  Bitcoin / Legal / Re: cryptocurrency gift tax on: May 20, 2021, 11:03:39 AM
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.
110  Other / Politics & Society / Re: I will never buy a Tesla car on: May 20, 2021, 10:58:43 AM
I will never buy a Tesla car


I'll buy one if I can get it cheap to sell it for a big profit.


Cool

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.
111  Other / Politics & Society / Re: Stop Worshipping Elon Musk on: May 19, 2021, 04:00:35 PM
I've never worshipped Mr.Musk. I guess his only talent is that he can make people believe what he says. That's it.
112  Other / Politics & Society / I will never buy a Tesla car on: May 19, 2021, 03:55:10 PM
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.
113  Economy / Economics / Re: We, bitcoiners, should buy a bank on: December 30, 2020, 11:43:46 PM
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?

114  Economy / Economics / We, bitcoiners, should buy a bank on: December 28, 2020, 11:56:09 PM

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.
115  Bitcoin / Bitcoin Discussion / Re: Bitcoins have no dividend or potential future dividend on: December 14, 2020, 12:07:06 AM
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.
116  Other / Politics & Society / Re: Why does France never plan for the future? on: December 14, 2020, 12:04:18 AM
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.
117  Bitcoin / Legal / Re: Buying property with crypto on: December 11, 2020, 12:22:22 PM
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.
118  Economy / Exchanges / Re: Poloniex - ETC desposits and confirmation time on: December 11, 2020, 12:09:30 PM
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.
119  Bitcoin / Project Development / Re: AI for Trading on: November 29, 2020, 11:46:09 PM
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.
120  Other / Politics & Society / Re: Trump has conceded oh wait he’s not!!! on: November 15, 2020, 05:38:32 PM
This man has balls.
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