Anyway, even if it was supposed to be nickel, it's barely over a million dollars worth; a tonne of nickel is worth ~80% of one bitcoin. Not even sure why this is a story since $1M is a drop in the bucket for ole JP with a net profit of $128B last year.
That's the kind of money where if they had it as a fine for bad behavior, they'd just increase the bad behavior to cover the cost. |
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That's all you get for 100k these days? |
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Nope.
In the 2016 US presidential election, some moron lost the popular vote, (he got 45% and the “loser” got 48%) but still won the election because Electoral College lunacy.
There was no popular vote. That's not how the election is decided. Thinking that the vote counts would have been the same under a different system is low-quality thinking. The electoral college is premised around that whole "United States" thing, by the way. I know you're sore that your chosen one was roundly given the boot but it's good to understand why and not just throw the toys out of the pram. |
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Oh, they know. It just involves fewer yachts and mansions for rich people. |
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Banks too big to fail? Why not make them bigger? |
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The de-Dollarisation happening outside of the west will be the ultimate wake up call and nail in the coffin to never go back to these types of big imperialist governments surely.
I think people do not have the tools to be able to make this change. They want somebody else to take care of things and the abdication of power leads to the inevitable scumbags picking it up. I think liberty minded folk are going to have to find a way to make free ways of thinking part of the common man's toolkit (Bitcoin may be a large part of this). Over the very long term, things have been improving but it's a three-steps-forward, two-steps-back situation. |
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This pic was just posted just 5 months ago and it's even less relevant now. Paper money will become CBDCs (Central Bank Digital Currencies) first. Then, once people realize how CBDCs and freedom are incompatible, they might switch to Bitcoin but after what I've witnessed in the last few years, I am more inclined to believe most will take whatever vaccine they are told to take to prevent Bitcoinization.
paper money will be converted into digital money you are correct but it will probably last a long time. paper money has landed many years and people are not thinking about changing to Bitcoin yet and only a few people have. Digital money will probably last just as long as paper money before finally it will start failing and people will look for a alternative. I do not know if Bitcoin will be attractive enough for people to convert to Bitcoin by the time digital money fails and people might be more skeptical because digital money is similar to Bitcoin in their eyes because it is digital. It'll be like prison and we'll all be trading smokes. Didn't laundry detergent become a means of exchange somewhere? Venezuela? Tide pods might be convenient enough. |
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I wonder if I'll be able to sue the local Chinese restaurant. Their fortune cookies were advertising FTX.  |
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 Hmm. ACH delays at coinbase.
Not Sure abut the reason ?? They never said. Seems to be OK now. |
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Hmm. ACH delays at coinbase.
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It's over?
Already?
"We"(royal that is) were barely getting started.. like ONLY a warmening up.
Oh well.
No biggie.
Oh, I'm not saying it's over. Just someone wanted to pee in everyone's wheatie-ohs. |
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Well, someone's a party pooper.
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There...   |
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 I made a small mistake. Forgot to use "I" to write Bitcoin. Please be kind to everyoneI can fix that with digital image trickery. Just a second. |
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WO, please help! I'm trying to understand why Bitcoin
I think I see where the problem is. |
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How many more banks are going to get bailed out this year? I see that Bitcoin has been increasing ever since the Silicon Valley bank has been bailed out which might be people coming to Bitcoin because they have lost faith in the bank and could cause a bull run before the 2024 halving. It might be the perfect time for banks to fail because it will push more people to Bitcoin and then the halving being a good time to boost the price it might be a good year or 2 for Bitcoin because of the banks failing.
We have such a fantastically productive system with capitalism that there is a lot of wiggle room for fucking about. You can inflate the money, you can fill your pockets from the public coffers, you can waste huge amounts of productive activity in shitty government projects, you can literally blow up billions dropping it on brown people but there is an edge and these fucks have chosen to step over it. Keeping running the money printer will destroy everything but they can no longer turn it off. |
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HSBC just bought the UK arm of Silicon Valley Bank for £1. https://www.bbc.com/news/business-64937251HSBC has agreed to buy the UK arm of collapsed US Silicon Valley Bank (SVB), bringing relief to UK tech firms who warned they could go bust without help.
Customers and businesses who have money deposited in SVB UK will be able to access it as well as other banking services as normal.
The Treasury said the deal with HSBC involved no taxpayer money and the Bank of England said deposits were secure.
HSBC said it paid just £1 for the SVB's UK arm after it failed on Friday. The bank that got convicted for massive money laundering and got a slap on the wrist? What could go wrong? |
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Well, i guess, #NIYHNYC (not in your hands, not your cash)
Doesn't have the same ring as #NYKNYC
Not even then. Govt could tomorrow (well, would possibly need legislation) say that it is announcing the nu-dollar and your bank account will be converted on a 1-1 basis and greenbacks on a 4-1 (or some variation). |
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