Exactly, Mark gives absolutely no evidence or even detailed opinion to support why it's "not fungible" and "can't be a replacement for the current system."
Just open blockchain explorer. You will see then why Bitcoin is not fungible. I hate it when people make broad statements like this and just walk away. Care to explain what you mean in more detail? Every Bitcoin have whole history written in it. On what wallet it was and with what other coins was in other wallets. It is the same as we would have a dollar bill and on back of the bill would be written who own them what random anonymous wallet id contained them all the way back from when they come from FED printers room. FTFY. Doesn't ID the person behind the wallets. And also here's the thing about that "feature"...  |
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umm okay... don't shoot the messenger.  This exposes the truth right there, that Covid-19 lockdowns were political/agenda-driven. Because risk of transmission isn't selective. |
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Exactly, Mark gives absolutely no evidence or even detailed opinion to support why it's "not fungible" and "can't be a replacement for the current system."
Just open blockchain explorer. You will see then why Bitcoin is not fungible. I hate it when people make broad statements like this and just walk away. Care to explain what you mean in more detail? |
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Who understands it? He claims that Bitcoin can be a Haven of value, then changes everything he says when he claims that it would not be useful in the economy, it is incongruous. Mark Cuban questions how a bitcoin economy would work, agrees on BTC as a store of value.Cuban said that bitcoin can “be a store of value,” but pointed out that while the analysis of Preston Pysh on the current financial system wasn’t wrong. But he is wrong about the fungibility of BTC and it’s ability to impact society as a replacement for the current system, he added. Exactly, Mark gives absolutely no evidence or even detailed opinion to support why it's "not fungible" and "can't be a replacement for the current system." But I know why. He's just a mouthpiece for the system. Because 90% of Bitcoin is already in the hands of people outside the "system", and that's why they don't want to use it. |
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The banking institution(s) that are literally fucking over every person in the world are now virtue signaling. Condescending and ironic doesn't even begin to describe this. |
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...
Seriously I gotta ask, how old you? Look up "Million Man March". Happened 25 years ago. And guess what? Nothing changed after that. Nothing. In fact things got worse. "But this time things are different".You might be right (ok, you are) but the spirit survived. That's the main point. And well, things always get worse, don't they? Rome wasn't conquered within in a day.
Don't get me wrong, I love the (meaningful) protesting, I love the energy and spirit, really I do. But as always with youth, the energy is always misdirected to a place where it will do little good. Instead of marching on Washington D.C. en mass and going for the national "photo op", have 10K+ people instead march directly to the street of each of their respective Senators' houses. Camp out on their front lawn (figuratively of course), block their street with a list of specific demands, and tell their Senators that if they don't help draft and pass legislation to change those things, they are voted out in the next election. If protesters aren't affecting or inconveniencing the Senators' lives directly in some way, nothing will change. Senators probably don't even have time to watch TV, so with a march on Washington they can just choose ignore it. |
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... I believe something historic is going to happen in Washington D.C. this weekend. A huge rally of over a million souls, probably many more will be converging on the bloated swamp of corruption and self-interest, commonly called the federal government, to demand change.
Seriously I gotta ask, how old you? Look up "Million Man March". Happened 25 years ago. And guess what? Nothing changed after that. Nothing. In fact things got worse. "But this time things are different". |
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I am drinking my Luckin Coffee and watch BTC to pass 10.000$ this weekend. Get ready boys. 5 digits are near!
I heard their accounting dept wrote down your coffee purchase as 5000 sold. |
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Jobs report negative, stock market soars.
Jobs report positive, stock market soars moar.
Fiat printer goes brrr.
Such sophisticate.
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Bear whales right now  |
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Thinking of buying a bit of physical-never did before. Worth it?
No. It is not.  I dunno...it's shiny  ..Getting a bit tired of our protracted bear market. We will be truly out of it above 20K, still more than 100% to go. Don't want to diworsify yet, but there will be a time. If you have the money for some gold, and patience to wait, then yeah, buying gold is a great idea. Diversification, which is important to me. 1 oz of gold is more than some 98% of Americans own.Physical gold only. Hide it well, don't tell any neighbors, etc. Oh, yeah, it's shiny too. I just calculated an interesting stat: There are, apparently, 2.5 bil oz of physical gold in the world. 1/1000000 of this is 2500 oz, which cost about $4.3 mil to acquire with no guarantees about the max limit of gold oz eventually. 1/1000000 of all btc is 21 btc, which is just $206K, which is about 5% of the money required to buy a proportionate amount of gold. Basically, you get about X20 for your buck if you buy btc vs gold (as far as a proportion of the world's supply). The inflation (mining) of both gold and btc is currently similar. The math changes if and when btc would be at around 200-210K. It would be in a relative scarcity equilibrium with gold (at the current gold prices). Nice. So yeah, if you believe that Bitcoin relative gains will outrun Gold relative gains, then it makes sense to just buy BTC for now instead (or a little PM if you want but not a lot). You can always swap BTC for Gold if and when it makes sense to do so. Also check out Silver to Gold Ratio. It's currently 95.52, a fairly historic level. Because of that some believe that Silver is the better buy rn over Gold. |
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Cassuscoin thing? They seemed interesting, but were they hacked at this point?
Not hacked, but now there are fakes out there so caveat emptor. I may or may not have... some.  Thinking of buying a bit of physical-never did before. Worth it?
No. It is not. I dunno...it's shiny Those of us who also own PMs think they are. |
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Honestly, how can you be certain of any photo posted online anymore when AI websites like this exist now? https://www.thispersondoesnotexist.com/What's stopping the MSM to use headshots generated from such sites when they post deaths from mass shootings, riots, terrorist attacks, or even criminal suspects of such? This tech is perfect for false flag events. The public would never be the wiser. |
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Man, I bet since Moderna is so close to a vaccine for Covid-19, those executives over there are holding shares and buying up even more! ....oh wait.  |
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Good thing all those stimulus checks got the public spending like crazy again! Oh wait...lol.  Link or it did not happen.  By the way, I did engage in a bit of due diligence efforts, besides providing my own lovely counter image, by glancing through various pages/articles of the website reference: https://fred.stlouisfed.org, and I was not able to find the above chart. |
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Good thing all those stimulus checks got the public spending like crazy again! Oh wait...lol. |
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Governments are printing money like Brrrrrr in an attempt to save economies. The boatloads of money being freshly minted have to go somewhere so it's not surprising markets appear to be doing well. The surprise will come later when you're paying twice as much (or more) to put food on the table. It's that massive financial engineering to try and make everything rosy that makes it so unnerving. It's like the games Karpeles played on Gox to try and recuperate the gaping hole in the balance sheet, "I'll make everything rosy," he said to himself. But what followed was disconnect and collapse. Yep, just look at a stock chart of any country that's encountered mass monetary inflation and then hyperinflation (Venezuela, Zimbabwe, etc.) , and you can see where the new hyper-printed fiat goes. Inflation in equities = hockey stick melt up. Western economies are still just at the beginning stages of the same thing... but it'll accelerate soonish |
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Well some high profile studies do say that police brutality is linked to the 1033 weapons transfer program. There's a lot more that has been said on this subject over the years, so much so in fact that I find it hard to believe you have not seen the link before. https://www.cato.org/blog/militarization-makes-police-more-violentEarlier this year [article is from 2017], a study conducted by researchers from Harvard, Stanford, Cincinnati, and Gardner‐Webb concluded that the Pentagon’s 1033 weapons transfer program made participating departments more likely to engage in deadly violence. After receiving 1033 gear, departments were more likely to kill civilians as well as dogs.
https://journals.sagepub.com/doi/full/10.1177/2053168017712885As for policy, our results suggest that implementing the EO to recall military equipment should result in less violent behavior and subsequently, fewer killings by LEAs. Taken together with work that shows militarization actually leads to more violence against police (Carriere, 2016; Wickes, 2015), the present study suggests demilitarization may secure overall community safety.
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Blame the newcomer, not the 50 year career politician running for office for the umpteenth time or the Clinton / Bush houses who suddenly are angels of morality.
I don't think power reveals at all. In fact the opposite is more true.
I think the ones who really have power are better at hiding their true intentions and hunger for power behind words, propaganda and deflection.
 They did. Trump reversed it. https://www.nytimes.com/2017/08/28/us/politics/trump-police-military-surplus-equipment.htmlThe move rescinds limits on the Pentagon handouts that were put in place by President Barack Obama in 2015 amid a national debate over policing touched off by a spate of high-profile deaths of black men at the hands of the police, including the shooting death in 2014 of 18-year-old Michael Brown, in Ferguson, Mo., by a white officer. Some local residents viewed police use of military equipment during the ensuing protests as an unnecessary show of force and intimidation.
In a speech to the Fraternal Order of Police in Nashville, Mr. Sessions said Mr. Obama had made it harder for the police to protect themselves and their neighborhoods.
Oh you are so right, I forgot that Obama passed that law about outlawing cops putting a knee on someone's neck for 8 minutes, and Trump reversed it... /s  So if you want to debate, try not to make yourself look too foolish. There already are laws against murder. Hence the cops being charged for violating it. You wrongly assert with your cute little meme that Obama's administration did nothing to stop police brutality. I showed you evidence they did, and that it was reversed by Trump/Sessions. Your response is to move the target and insult. You are not wanting debate, you are wanting confirmation of your own uneducated opinions. No you didn't. Zero evidence, in fact. "Putting restrictions on military hardware used for Police departments" *does not equal* "Ending systemic racism and police brutality". Do you want to try again, or are we done debating? |
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