They say we face the millennial problem where people who are in their 30s can't afford their own apartment or a house, while their parents were often able to do that in their 20s. I know that because my parents had their own homes before 30, but I've managed to get one only because my partner had it. I wouldn't be able to afford it otherwise.

I also agree that males have more on their heads because they're expected to provide for the family. You have to be much smarter than you needed to be 30 years ago to achieve the same position at work and have the same wage.

He's one of those young politicians taught by Klauss Schwab



Schwab once said that he's proud of the achievements of young leaders like Macron and Trudeau.
They know that if you cut people's access to money, you force them into submission.

When it comes to large transactions a bank will often need days to process them. They can't get you 10 million just like that. They also will not allow you to withdraw large amounts in cash. Many banks will need a couple days to get you a simple 100 thousand and will require you to give them a heads up.

Banks will not process your transaction on Sunday so how is that faster than bitcoin?

It's also cheaper when you send money to a different part of the world where banks don't recognize your local currency and you need to exchange via bank.

I agree with you guys, there should be age limits, not to mention that these old people often don't understand new technologies. They talk like they still live in the past.
 
Recently I've seen an 85 year old member of Congress Maxine Waters say that the US should accept CBDCs as fast as possible because China is doing it and we don't want to lose the race!
It's like a race to prove who's dumber, the US must to do what it can to win...

Elizabeth Warren who knows nothing about bitcoin but tries hard to ban it is 74.

These people should retire.

Your idea isn't really a new one. I mean it's smart, but there are many great ways to make everything more efficient and eliminate problems countries are facing.

There's a way to reduce biological waste by feeding it to the worms and allow chickens to roam free in the area, eating the worms. When the worms are done with the waste you're left with processed compost that you can use for planting and a lot of well fed chickens.

Technically you could generate more power than the world needs just from renewables, but that would require countries to work together on a global scale because:
some countries don't have rivers, but those that have them don't want to build hydroelectric generators
some countries don't experience strong winds and those that do are too poor to build wind generators, or don't want to do it because of bird deaths and noise
some countries don't get enough sun to make solar panels efficient and some of those that do, don't have ways to make panels. They have to buy them from China and some countries don't want to trade with China

If I could make the whole world do what I say, I'd make countries share resources between them on a larger scale. That's the root of the problem that I have a hammer and you have wood and nails, but I don't want you to build a house faster than me so I won't give you my hammer to slow you down and none of us will benefit.

I'm a holder so the plan is to store as a backup and for future generations.
If bitcoin goes into a strong bull run I'll probably sell a little to keep on going but I'm planning to hold most of it to the next cycle of 2028.

What I sell depends on the price people offer me and how much I'll be able to buy for it because everything is relative and depends on a number of conditions. If you live in a country with 50% yearly inflation and they offer you a million of your local; currency, it's like nothing, you don't want that.

If the dollar goes into 10% inflation and they offer you 100k USD in 2 years, that's again nothing because if you account for 5% inflation in 2022 and 23 and then 10% in 2024 and 25, it's going to be the same value as the last ATH when bitcoin was trading for 68000 but the dollar was worth more.

What are you trying to test? If the hardware is legit, if the hardware is working, or if the hardware does not carry a backdoor.

The first one should be done by examining the packaging. If everything looks new and untouched you can check the wallet using software provided by the manufacturer.

The second one can be tested simply by setting up a wallet, turning the device on and off a few times, charging it and checking if it holds charge. You don't need to send money in and out because if you can set a password and access the device with that password it means it works. The wallet does not really send or receive anything. It's just a device used to confirm the key and passphrase. All the transactions are really done by software on your computer.

The third one may not manifest itself when you send a test transaction. If the device is infected the hacker may not try to steal your test amount of 0.001BTC, but will steal 0.1. Sending dust to the wallet will probably prove nothing if someone was good enough to plant a bug inside the hardware wallet or its cable. Yes, you read it right, it's possible to plant memory chips within the USB cables!

That's a good thinking, worthy of a true bitcoiner!

I wouldn't do anything special. I'd continue to hold my bitcoin and spend it p2p, or simply buy gift cards online and redeem those cards in my local stores. That would still be completely legal as long as the gift card seller resides outside my country and is not affected by any bans.

Whether I'd move would depend on the price of bitcoin. If I had 1 BTC worth 25 000 dollars it wouldn't be worth the money to move. I could sit and wait for better days.

Bigger screens make it easier to aim and see smaller changes. If someone doesn't understand it, I encourage you to try to play a shooter on your phone, or try to write an office document. It's going to be much harder than if you had a simple 14" screen. Having an even bigger screen like 20" makes every detail stand out.
An even larger screen will allow you to split it in two and have 2 browser windows next to each other, which is very good for copying text, comparing notes, translating... It can also allow you to have a big chart on one side and your exchange window on the other.

Just remember than a lot of screens won't turn you into a professional trader. This requires experience and luck.

It's the husband that's at fault.

He bought bitcoin not knowing what he's buying.
He was weak-minded and couldn't hold long enough to reach profit.
He sold at a loss. He attacked his wife and he injured himself, now he will go to jail, without money and woman to wait for him.

Greed made him lose everything. He wanted more money, he never cared about bitcoin, nor his wife. It was all about himself and making more fiat money!

Musk is sending satellites into space all the time because his Starlinks are getting destroyed. I've read that he's lost more than 200 of them already. How long is this going to last?
I say sending electronics up to burn in the atmosphere is stupid, just like sending cars into space.

Making fake "green" cars that use power cells made in China that cannot be recycled is also stupid. Musk acts like he's so good for environment. Were those Teslas that caught fire and burned good for air, Mr Musk?

Musk isn't going to endorse bitcoin, unless he sees a way to promote himself and his company in this.

I feel like the poll is there to trolls us
Why is there no way to even choose the current price, but there is $100? Bitcoin is never going to be worth $100, even if Satoshi comes out and shows you all his middle finger on TV.
Even if Craig Wright somehow makes the whole world think he made bitcoin, it's not going to $100.

I expect $35 000 by the end of this year and at least an attempt to make a new high $60 - 70 000 in 2024. 2025 Is going to be a new high, somewhere between 80 and 120 000. I don't think we'll go to 150 or higher yet. Whatever happens, we will not be at 10k or lower at any point between now and 2025.

Yes' it can and it does affect relationships, especially if one of you loses a lot of money gambling. If my partner had a hobby that kept on dragging us down top the bottom, putting us in debt, I'd give him an ultimatum: you either finish with that or we go separate ways. Being honest here won't help, you either keep losing money, or come out of it and live a normal life. I have nothing against gamblers, but a guy who loses all the time is not a good match.


I know people who have money and relationship problems. For example my uncle had a private airplane, but my aunt divorced him, and kicked him out of the house because he was unfaithful.
It's often boredom, lack of real feelings and many other things that cause problems.

I have to admit that I almost never read T&C. I know how casinos operate and I follow good reviews. I check for scam accusations against the casino and all that, but I only scan their rules, mainly points about VPN, countries that are banned and such.

It's true that before playing you should always carefully read T&C but most people probably don't read it, or don't understand it.

This is like a competition where the casinos thinks of ways to hide the most important parts behind walls of text and the players want to decipher it so they don't get scammed.

Who is he trying to protect from bitcoin? The people who want to buy bitcoin can do it without an ETF. Gensler simply wants to delay a bull run for as long as he can and he knows BlackRock pouring money into bitcoin would do exactly that. Gensler is politically influenced by the Biden administration, that's the truth.

Maybe that bulling is why he's so socially awkward. His face expressions remind me of Zuck, but Zuck is even weirder.
I'm not into bullying people, but you can see Gensler isn't the guy you love hanging out with. He's that weird kid that never joins on the fun and likes to tell on you to the teacher.

I know something about it and I think that most of you had the same experience.

Think about the things you wanted when you were younger, 10 or 20 years ago. Think of the computer you wanted to buy, maybe a car or a motorcycle, maybe clothes, shoes, or a bicycle...
Do you still want them? If you had the money to buy them back then and had them now, would you be happy owning them?

I know that I liked completely different things 10 years ago and would spend money on things that I wouldn't buy now.

Think twice before you buy something. Do you really need it? Is it only to satisfy the need for shopping or showing off?

What I meant by "ignoring," he'll delay things and file appeals, just like he did in the case against Ripple. The SEC lost in court, but did not agree with the verdict and planned to file an appeal.
After losing the Grayscale case on Aug 29,  the SEC still did not approve any ETFs in September. They also have 45 days to file an appeal so that would make something like Oct 14 the deadline for that and that's almost exactly the date of their second ETF deadline.
Coindesk cited Gabriel Shapiro from Delphi Labs who said: "Every time they lose in court they just shamelessly say the judge got it wrong and pursue more shenanigans."

I predict that Gensler will file an appeal in the Grayscale case and if he loses that, he'll attack the futures to buy time because the whole case is based on the fact that the SEC allowed futures and doesn't want to allow spot citing market manipulation, but it's the same spot price that decides the price of both futures and spot ETFs. I don't think that after so many years he'll be able to cancel futures ETF, as this would open the SEC to a lot of civil cases, but if Gensler finds out he'll be forced to vacate the chair in a few months, he could make that last suicidal attempt and cancel futures for a while and delay spot ETF this way.

Why is Gensler doing this if there are no arguments?
You can answer this by watching the latest interview with him (I think it was by Bloomberg).
He doesn't even directly answer the question when asked about ETFs. He talks about crypto and how many people were hurt by altcoin scams and how they want to protect people, but the question was about bitcoin. The same bitcoin the SEC called a commodity.

There's an interview with Mike Belshe from BitGo who said the SEC's decisions about bitcoin are political and have nothing to do with existing laws. They interpret the laws however they want and he mentions senator Elizabeth Warren who is probably pulling the strings.
You could say she's attacking bitcoin because it's used for giving bribes and laundering money, but you don't need bitcoin for that and her colleague from the same party can tell us a thing or two about that.
https://decrypt.co/198398/bitcoin-critic-senator-menendez-corruption-bribery

"I don't like crypto because it's dirty money, but if you want something done, I'll gladly take some cash." -Robert Menendez

If a real collapse happens fiat currencies will be the first that get affected. You must have seen what happens to currencies when a country goes into war. Ukraine currency went down by 50% when they had the Euromaidan Uprising in 2013 and then again 20% when Russia invaded. Money is the representation of the State.

My opinion is that holding fiat while your economy is in ruins is one of the worst ideas, similar to holding government bonds.

As for holding bitcoin and using it as a last resort money, it depends on how much you own. Someone with 100 bitcoin is not going to count every satoshi.

^
Gensler doesn't care much about court rulings and he even said it in his recent bloomberg interview. He isn't going to respect court decisions when it comes to crypto!

I hope that you're right about this and ETFs pass this year, or in Spring of next year, but the way I see it, Gensler is going to fight it until they remove it from the chair and that opportunity will come next year if Biden loses. In such case whoever comes next will remove Gensler, which is why I said that ETFs are going to get approved by the end of 2024.

It's going to be a miracle if he approves anything next month. You'd have to threaten him or otherwise put his back against the wall to achieve such outcome.

The first things I'd worry about in such situation would be my fiat money and my job. I wouldn't do anything with my bitcoin.

It's important to mention that a collapse would not happen in a day. It would be months and you'd be able to see it first in weak economies and then finally in the strongest ones like EU and US.
I'd probably take aot all my money from banks, liquidate all my savings accounts and make sure I'm all in hard assets like real estate, gold, cash and bitcoin.

Then I'd watch it unfold and keep my cars full of gas and all my documents and passports up to date so I can leave and take all my belongings with me. If I lose my job and the bank goes bankrupt there's no reason for me to stay here. I could as well travel.