You've lost me there though 

I thought by now the situation would have improved. The Brent crude prices are hovering around $50 per barrel for the past few weeks, and the Venezuelan government must be getting quite good amounts of Forex now. Seems like the governing elite is diverting the money to tax havens, and planning to escape from the country.

nmc/usd going up and nmc/btc going down

weird 

You need some reading comprehension lessons, StraightAArdvark, I mean Lambie....

Explained it to us how a house that has already been sold (Elwar's house)... is going to be sold again by Elwar?  There is a considerable level of logical incoherence in the content of your post.

Oh?  It appears that the purpose of your post was to bring up some anecdotal evidence that is somehow related to bitcoin and the holding of a large amount of bitcoin (O.k.  I am stretching to help you out here in order to identify some kind of a stretch of a connection in your post  ) in order to attempt to make some kind of parody concerning the behaviors of bitcoin users based on your described example of some kind of crazy person, no?


Back to Elwar's situation for a moment.  Isn't Elwar facing a different issue, and that is figuring out means in which to convert a large portion of his soon to be in-hand cash proceeds to bitcoin?   Not necessarily a bad problem to have, but not answered by your response. 

I personally don't buy into an all or nothing approach to investing into BTC, but I understand the dilemma and temptation in holding so much cash all at once and then wanting to get that likely depreciating cash into an appreciation status, which bitcoin is in a very decent position and good upward odds at the moment (even though there is no guarantee from this current price point). 

Let's say Elwar's proceeds from his house are anywhere between $10K and $100k?  how much to invest into BTC? 
Surely, he has got to account for his own particular circumstances in terms of how much BTC he already holds and his cash flow and his other investments and time line.

Maybe invest 80% of the proceeds within a short period of time in increments of $5k to $10k?  In recent months, I have found it to be quite useful to maintain a BTC portfolio that maintains both BTC and fiat, and I find a lot of stress relief and flexibility in that kind of approach, especially given the volatile nature of BTC, even though maintaining proportions in both BTC and fiat seems to cause some additional needs to pay attention to BTC prices in order to take advantage of price fluctuation opportunities.. which are likely going to continue to take place for years to come in bitcoinlandia.

Suppose for a second that Chinese miners were being "subsidized" by the Chinese government in more ways than just free electricity?

But... but... why would they do that??
What advantage could China gain over the long term with Bitcoin??
What could the Chinese miners possibly be giving their Government in return for such generosity?

Let me understand this. You convert your paycheck from the US army into bitcoins via BitWage, and then you use Bitwa.la to pay your landlord via a SEPA transfer. BitWage charges you a fee, Bitwa.la charges you a fee, and the SEPA itself is a bank service. So you've added 3 middlemen, fees, and ridiculous complications for what us Luddites do via a seamless p2p cash-in-hand, 0-fee exchange

Why do I feel you're playing me? Other than you never mentioning that you were paying off the filthy fiat loan you got from bankster j00z to buy a house?

So all this time you've been telling us your landlord accepts BTC, you were just lying? And I trusted you...

Probably this. They're very colose to having a closed-loop economy now: smart contracts, DAO, getting paid in ETH, etc., etc.


@Elwar: You use BitWage, don't you?

Matthew 20:16

"So the last will be first, and the first last.”


 

How about you scumbags just stop extorting hospitals before you get a jackboot up your ass, to demonstrate your willful negligence in securing it?
How would that be?

“One has to free oneself from the illusion that international climate policy is environmental policy. This has almost nothing to do with the environmental policy anymore, with problems such as deforestation or the ozone hole,” said Edenhofer, who co-chaired the U.N.’s Intergovernmental Panel on Climate Change working group on Mitigation of Climate Change from 2008 to 2015.

So what is the goal of environmental policy?

“We redistribute de facto the world’s wealth by climate policy,” said Edenhofer.

For those who want to believe that maybe Edenhofer just misspoke and doesn’t really mean that, consider that a little more than five years ago he also said that “the next world climate summit in Cancun is actually an economy summit during which the distribution of the world’s resources will be negotiated.”

Perhaps Naomi Klein summed up best what the warming the fuss is all about in her book “This Changes Everything: Capitalism vs. the Climate.”

“What if global warming isn’t only a crisis?” Klein asks in a preview of a documentary inspired by her book. “What if it’s the best chance we’re ever going to get to build a better world?”