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81  Economy / Economics / Bank create money out of thin air faster than you! on: February 21, 2020, 08:24:20 AM
Bank continue to create money out of thin air at the comfort of their sweet aircond/clean air/Corona-free room white collar jobs while the rest of us need to fight to dead to make some money for living, (Uber, YouTube, MMO, Crypto trading, mining, scamming gullible investor, flipping junk on eBay, Webcam, hacking govt site) we risk our life working everyday, for a pay that cannot compete with the speed banker press the “print money” button at their basement, and print money is risk-free too.

The bank can print $10 out of $1, it translate to bank purchasing power of $10 while your purchasing power is $1, $100 while your is $10, $1000 while your is $100.

Bank print the money to buy Big Mac everyday, so the bank willing to pay $10 for each Big Mac, thus price fixing the Big Mac to $10, you all also need to pay $10 for Big Mac. When bank decide to pay $100 for Big Mac, all of you need to pay $100 too.

In the long run you can’t afford the same Big Mac, your purchasing power is stagnant at $1 for many years, while you need to keep paying $10 for Big Mac, what can you do? Stop eating Big Mac? Change diet to broccoli instead?

Of course in the long run bank will continue to buy Big Mac at inflated price, $10, $100, $1000, bank have unlimited money.

Summary, can you have saving today? How can you have any saving at all? Personally crypto is my only saving, my cash flow have been -ve since forever, more money out of pocket than more money go in, the ratio is greatly skewed toward expense, with each passing year the ratio gain more skewedness, 99% expense and 1% income, it’s not healthy.
82  Other / Politics & Society / The real education are not taught at school!! on: January 30, 2020, 06:15:46 PM
Deal with it. Some sob compilations collected over the Internet.
 
-Urban legend said you treat women nice they would reward you handsomely in the end. Debunked!
 
-The horror story of some well known college run by the billionaire businessmen. Teacher often skip classes, teachers quit job without further notice, students couldn't graduate due to fact that the teachers who quit didn't prepare the paperwork for the exams.
 
-Teenage find it hard to get laid, they write it on the reddit and attract thousands views, teenage forget their most natural talent, get laid. Sad!
 
-More and more teenage are resorting to online dating to get laid, they often post nude and cover their face with mask, accepting request from wide range of fetishes from the audience, and they crave attention badly, they crave retweet, followers and attentions.
 
-Millennials working at low wages, no saving, high rents for their tiny room, often resort to online job to make end meet. Selling their nude is part of their odd job, whether they can sell it, their body and performance ought to be very hot. Working on sweatshop for $400 a month wage (month), and just yesterday lunar new year has spent over $300 on the dinner, talk about inequality. Brb I don't brother with gender problem.
 
-The myths of Millennials working like a cow, morning working 9 to 5, Uber driver/food panda on the weekend, and online webcam whore at night, or selling junk over the Internet, trading stock on coffee lunch break, or selling rare items for the MMO game. Debunked! Millennials work to dead for the sake of upholding the wealth that's built for the baby boomer, to sustain the top CEOs lavish spending, the top 500 S&P company, the Wall Street expensive fast cars fast houses and fast women, also lavish travel trips/vacations, also to sustain the debt cycle that's left by them.
83  Economy / Economics / Today is the first day of notorious Korea/Japan/China new year on: January 25, 2020, 07:11:03 AM

If you’re curious it’s the day many people gathering to convince you

You need to pay taxes
You need to use bank
You need to get married
You need to invest
You need to get a job

AMA anything.

Brb I’m getting out of this fake fakestival
It’s the day you’re expect by many to spend a lot of money just to please your parent your gf and your kids.

Your wife have high expectation, your gf have high expectation, your kids have high expectation, and they will compare you on every corner.
84  Economy / Economics / Grandma tell you to keep old coin in piggy bank on: January 04, 2020, 02:44:33 PM
Remember your grandma told you??

She said the old coins you keep inside your piggy bank would fetch high values in future, but the old coins you keep inside your trusted bank service, $ 1000 would be still $ 1000 after 20 years??

Do you know how old America eagle coins fetch many folds higher values than its face value??

What happens??

Now let’s look at this:

Keep your bitcoin and shitcoin under the custodian bank service

Vs

Keep your bitcoin and shitcoin in your online wallet

After 20 years, what will happens to the value in your bank vs the value in the wallet, and why on the bank is still the same?

Now will you tell your grand grand kids the same advices your grandma tell you, “my sweet child’s, keep your shitcoin and it would fetch high value!”
85  Economy / Economics / One faithful day that change my life. :) on: December 18, 2019, 11:43:27 AM
One faithful night, your friend invite you to a fine dining, at nearby Mc Donald outlet and you agree, without warning conscious at mind, and you arrived, your friend , you feel they're different today, he look like shining brightly in front of you, look gorgeous, like shiny Pokemon you ever meet out of sheer luck, you have no idea what has happened to him, and you decide to dig it out and see what's he up to, then you hit up with the waiters and order the meal just as usual, and he began the conversation, he brag about how Mr warrior Buffett become rich, the amazing story of Steve Jobs, the ultimate Trump, the super Jack Ma, the immutable Craig Steve Wright, the famous CZ binance, then he would tell you, he is reading many books, and very inspired to become rich like them, you're not very motivated but he would tell you can earn a lot of money, can drive the latest and fastest car, can buy the best sea view condominium, bang the best hot chick, so much to do, your mouth are drooling but not knowing what you may have been setup to do, but you feel your life is really suck, feeling useless, unmotivated, that you don't have the life the same with Warren Buffett, you think it's unfair you want to change this all, then your friends would see the opportunity and begin to introduce their very own SCAM, they would then tell you to invest, it's the best way to become rich, 9 out of 10 billionaires are rich due to investment success, you see DJIA is soaring record high, a lot of rich people are born from DJIA, you're being left behind, don't you daresay nobody make money when DJIA is soaring high, it's almost a common sense that everybody should make money when it's soaring high, look all the investors become rich by investing in DJIA, the Americans are richest men in the world because DJIA soar to the moon and make all of the filthy rich, they are living the TRUE American Dream! You daresay they're not rich? You believe into what he's bragging then you begin to grow interest into investing, and

... A few months later...

Then I got to know the stock market and begun my journey to the mega wealthy, I started dabbling.

So after a year, I lost everything and took unsecured loans from many banks recommended by my friend.
These sort of loans have interest of more than 10% per annum, some may up to 17%.

I believe I have pile up a total of USD 100k  unsecured loans which I lost as well.
Overall I think I have lost more than USD 200K.

The credit consulting from the government isn't as easy as you think, I ended up with 5 or 7 years repayment tenure and only the amount after the annual salary got massively reduced.

I am broly 46 this year so any marriage plans are shattered.
My gf (imaging I have one) by a few years so it is difficult for her.

She left me after a few months when she confronted me and know everything. Yeah she confront me being a betaman, I had no nothing to assert domination over a fierce gf, knowing every legal system would work against me, I don't think I have anything else to loss, so I unearth everything.

My world crumbled, everything turn upside down, no one saw me when I teared a little in my cubicle after i received her breakup message via FB messenger.

Long story short, I try to limit my expense to just below $100 a week on food and transport. (Still I think I  managed it well so far but I need a few years to settle my unforgivable loans)

GF, marriage, kids, Seaview condo, fast and new car, billionaire are all but just faded dreams. And that friend of mine that introduce me into this SCAM a long time ago, are blocking my contact number, I never see them again for years, this son of the bitch, I would never forget and forgive them, they would blame me for (being naïve, for being unrealistically expecting a life of fifthly rich, for being impatient of getting rich, didn't get enough education in investing, didn't always follow the rule of investing, didn't read a lot of books from Warren Buffett, take a lot of loan from banks to invest, didn't invest into the correct stock, didn't buying into the winning stock in a successive  orders of up to 10 consecutive trades, lose more money than winning of course can't be rich like Mr Buffett, ... <insert your rants here>, <and here>, <and insert here>, <insert more here>, <insert key Words>, <insert Scam here>, <here we goes again>  )
86  Economy / Economics / Bitcoin is 2.5x more popular than DJIA (world’s strongest financial market) on: December 11, 2019, 11:02:33 AM
Bitcoin : 80828 comments and counting since first snapshot on (2017 Nov)

DJIA : 31438 comments and counting since (2008)?

Secret sauces: investing.com

And I begin to wonder why the heck all this mainstream financial sites are listing crypto currency on their front pages? They trying to tell us something?
87  Economy / Economics / You want to get rich, don’t pay taxes, don’t get married, don’t use bank, and... on: November 24, 2019, 06:02:26 AM
Don’t pay taxes: govt love taxes! It make them super super wealthy and make you super super poor, govt don’t care if you starve to dead tomorrow, that’s your own fault to be basement dweller, govt rather spam their tweeter with non sense China FUD.

Don’t get married: get a traditional marriage and get a nasty divorce, your wealth immediately split into half! It is no brainier why marriage is a trap in the modern lifestyle, and your lawyers won’t help you to get rid of divorce, you’re doomed! We know Jeff Bezos can buy the best lawyers on the planet to fight for his rights, yet the status quo court decide to prejudice all is his fault to get into marriage at the first place, you horny you pay the biggest price! This is justice! Smiley

Don’t use bank: Why! We all know bank is a very good investment! You get zero risk while you get a stable fixed deposit income! But why don’t use bank? Because we’re all fooled! We getting so poor today all due to bank! It’s bank fault! We’re all in huge debt!

Don’t invest: Banker love to sell snake oil investment advice! Of course it’s full of moral values to be a decent human being, get a job, get married and invest in well diversified portfolio! Because business create value, we invest in business, and it is the only “real” economy, people who invest into anything else is not investing into real economy! Fuck it! Business itself is a virtual existence, it is an illusion, nobody can touch business, and it can create a lot of value today, by tomorrow it would be just gone and disappeared into abyss! Who the hell buy into this snake oil advice “business is the only real economy” is too dumb to be get rich. Smiley


Finally, don’t get a job, because jobless is not a fake news, govt keep spreading fake hope that we have 0.000001% jobless rate, while many under employed staff wandering around the streets.
88  Economy / Economics / Anyone else remember this? on: November 03, 2019, 03:19:23 PM
Fresh graduate can’t land a job in corporate world, because the guy on the top don’t want to step down, the capitalist want to pass their position to their heirs, and their next heirs and next heirs, fresh graduate have no choice and they pull through it, they become basement dwellers, they play video games, they mine bitcoins, they make savage videos, they do everything else except go to work for corporate scumbags, a decade later, many corporates begin to crumble one by one, General Electric used to be the iconic Corp that top students line up to compete for the few top position, now it is delisted from the DJIA index and the scumbags inside the Corp are fighting among themselves for their self-interests, it gave me a unknown pleasure to know that more and more used-to-be the blue chip, the best Corp in the united state the land of freedom, began to crumble one by one, they blame the useless millennials for messing up the entire scheme, I know deep inside me, I want them to failed so badly, can I finally have a good laugh? I hope so!
89  Economy / Economics / Millennial generation are screwed! on: October 17, 2019, 01:24:31 PM
First they spend more time on video games than any other generation, an average gen millennial spend 8 hours on games everyday! Ridiculous!

They basement dwellers

They deep on student loan

They no saving

They have no job security

Now they spend more money on bitcoin than all generation!

It never get bored millennial has been on the headlines since the god know when it all began.

Can crypto make millennial more screwed or otherwise? Let’s discuss!
90  Bitcoin / Bitcoin Discussion / Bitcoin became valuable because it's failed at fair distribution? on: July 29, 2019, 12:42:55 PM
I think bitcoin is the fairest distribution so far, I had never came across a system that’s fair from the very beginning, only a better system that’s less unfair, and when it’s fair, it will soon natural developed into unfair, and it’s the nature of a working economic system, and it is certainly what’s going on in the crypto space albeit at a alarming rapid pace, it used to took centuries to distribute gold, when it come to cash, it took decades to distribute, and crypto took only weeks to distribute, and it is also getting very fast to developed into unfairness, I’m not trying to undermine bitcoin, it is giving me a mixed feeling about fair and unfairness at the same time, I think it’s good to share your opinions, what do you think how and why it is more valuable.

And I strongly believe usd is the most powerful currency ever in the world as claimed by POTUS simply because the absurd inequality in distributing the USD, and the top elite simply can print 99.9% of the USD while 0.1% of USD distribute to you and me.
91  Bitcoin / Bitcoin Discussion / What if you can have a dinner with Mr Satoshi on: June 25, 2019, 02:29:25 PM
You’re invited to have dinner with Mr Buffett Mr/Mrs Satoshi. What would you want to ask his/her opinions?

I would love to ask about his/her views about whether he/she is satisfied with all the hard fork soft fork ICO airdrop masternode that’s going on, I think it would blew his/her mind to even imagining what we had done to the crypto with him/her absence for so many years. And I can imaging it would be a very wonderful dinner that’s for anyone.
92  Alternate cryptocurrencies / Altcoin Discussion / Possible crypto that's created by U.S. Govt?? on: May 29, 2019, 12:14:41 PM

Do you think one of the Bitcoin fork is probably created by the govt and of course I don't have any proof to backed up my accuse, what I does have is the guts feeling and some logical sense, connecting some dots that I could find all over the articles on the Internet, I would love to pump that govt coin for profit only, and later dump them back to the govt, of course all in the expense of govt!! That will be one of my best achivement for me. Don't ask me why I want to screw govt so badly. Some Bitcoin fork that could be manipulated by the U.S. Govt:

1. Bsv? It is one of the most controversial fork ever Idk how it was not created in the favor of the U.S. govt, why not? All the features it have are just great for total controlling of the coin, to undo any transaction anytime they want, which is just great, and I doubt they could undo my profit when I try to trade this piece of junk, and even move my coin around whenever they want. Ofc I have no reason to take the risk, but kill me, we can't stop greedy folk from getting themselves into this scam, because I keep getting replies from newbies who ask how to buy bsv? is it good? Why is it so cheap? Is it btc killer? Etc. no way I can fix the stupidity.😂

2. Foin-USD, idk what the f*** is this and it doesn't even have a white paper, or may be I miss it? Just basing on the name alone I have zero clue what's going on. May be someone could enlighten me?

3. Stable coin like Dai, usdXXX, the only legit stable coin I could vouch for are tether but even that are shaddy as ****, however it's just great govt can create their own stable coin, may be JPmorgan coin is one of them?
93  Economy / Economics / Price of goods goes up, salary never goes up!!! on: May 16, 2019, 12:22:52 PM

Over the past 30 years, salary never goes up, I know because I saw the salary today is same as my first salary 30 years ago, I’m not disclosing my age, so don’t be too paranoia, but the price of everything goes up thru the roof, the only person who salary goes up are (ikr, salary must kept secret because it is case sensitive, don’t tell anyone else!), ok, enough rant! Try to tell your kids to work for a salary in the future, I think they could barely afford a piece of beard!!

End of story! Ciao!
94  Economy / Economics / Crypto to trigger a global bank run? on: May 15, 2019, 03:10:21 AM

I think everyday trust toward to the money is rapidly depleted, and people will finally realised how ignorant and gullible they’re to just earn the IOU garbage fake money, do you think crypto will trigger the complete bank run? Or any other delusional store of value that we don’t know yet?
95  Economy / Economics / Why everyone learn from Warren Buffett? on: May 11, 2019, 09:24:10 PM
I wonder why a lot of people like to quote the article wrote by/ speech by Warren Buffett. And most of them regard him the king of value investor. Also all the school praise how good he is, and all of us should follow his philosophy. I didn't make a lot of money following his books, and most of the time I found his books contradicting with each other, to be honest I loss a lot of money following his value investing, but once I get into bitcoin, I'm quickly to make a lot of money, and knowing that Warren Buffett do not like bitcoin from bottom of his heart, I don't know why, I think learning from Warren Buffett is a big mistake, and I regret reading his books altogether. And in contrast, I know none of the quote made by Satoshi, because I don't even know what it is behind the white paper, I can barely read them.
96  Bitcoin / Bitcoin Discussion / Bitcoin is downloading money into your PC on: April 05, 2019, 07:54:01 PM

People love to download everything from Internet, download videos, download audio, download photos, download texts, download digital contents, download softwares, download blah blah, and to download something, we must first have an internet capable PC, a modern router, and an ISP

What about download money? Can we really download money from the Internet? It sound crazy because money is something valuable unlike anything that could be download from the Internet. But what does mining sound like to me? It is just sound like download money from the... Internet? To download videos we need very fast internet, but to mine Bitcoin we also need very fast, of course a powerful miner, that's crazy when download money is possible, we are just creating something impossible, because no one can believe that money can be downloaded just like Internet, can you really believe that?

What even more crazy are decade ago, everyone is dreaming of having their own free nation, to be completely escape from a usually monarchy gov system, with the introduction of Bitcoin, we're one big step closer to that goal, it's no longer a dream, but a reality that waiting to happen.
97  Other / Off-topic / Common millennials problem: leftover women on: March 04, 2019, 03:58:54 PM

No one going to discuss it on the public space, you know all the basher/hatred/flaming/doxxing etc in real world. I'm going to try my luck here.

Smiley
It is gradually become more prominent.

Sheng nu (Chinese: 剩女; pinyin: shèngnǚ; common translation: "leftover women" or "leftover ladies") is a derogatory term popularized by the All-China Women's Federation that classifies women who remain unmarried in their late twenties and beyond.[1][2][3][4]

1. Xu Xiaomin of The China Daily described the sheng nus as "a social force to be reckoned with" and others have argued the term should be taken as a positive to mean "successful women".[8][9] The slang term, 3S or 3S Women, meaning "single, seventies (1970s), and stuck" has also been used in place of sheng nu.[9][10]

2. The term, sheng nu, literally translates to "leftover ladies" or "leftover women".[15][21][22] In 2007, the Ministry of Education of the People's Republic of China released an official statement defining sheng nu as any "unmarried women over the age of 27" and added it to the national lexicon.[18]

3. Pretty girls do not need a lot of education to marry into a rich and powerful family. But girls with an average or ugly appearance will find it difficult" and "These girls hope to further their education in order to increase their competitiveness. The tragedy is, they don't realise that as women age, they are worth less and less. So by the time they get their MA or PhD, they are already old — like yellowed pearls."[1]

4. with mounting pressure and dwindling hopes of fulfilling both career and personal ambitions at home, for women such as Xu the urge to pack up and leave only grows stronger with time. Without women such as her, though, the mainland will be left with not only a weaker economy, but an even greater pool of frustrated leftover men."[34]

5. The Chinese People's Daily cited a 2012 United Nations survey that found 74 percent of women in the United Kingdom and 70 percent of women in Japan were single between the ages of 25 and 29.[6] The China Daily published an article that cited figures from the 2012 United Nations' World Marriage Data which reported 38% of women in the United States, and more than 50% of women in Britain remained unmarried in their 30s.[7]

6. The Sheng Nu Movement uses the internet and media as an outlet to remove the stigma against leftover women. SK-II, a Japanese skincare brand, launched in the early 1980's, has launched a global campaign called #changedestiny,  to empower women affected by the prejudice against “leftover women”.[37] In their campaign video, "Marriage Market Takeover[38]

7. Former Los Angeles deputy mayor Joy Chen, a Chinese-American, wrote a book titled Do Not Marry Before Age 30 (2012).[56] Chen's book, a pop culture bestseller, was commissioned and published by the Chinese government as a self-help book for unmarried women.[56]

Source
https://en.m.wikipedia.org/wiki/Sheng_nu

Wink
98  Bitcoin / Bitcoin Discussion / Bitcoin is knowledge and knowledge is value and value is money on: February 06, 2019, 07:03:32 AM

Under bank cartels policy, crony, capitalism, landlord, interest rate, inflation, tax, rent, are money. And knowledge are worthless, bank do not see your academic performance, you get a good grade in school and banker will give zero f*** about it, you want money from banker? Show your money to them, not show your grade.

bitcoin potentially could change the old fashion bank cartels based freakonomy? I see knowledge on bitcoin, something very special, which may be insignificant, but what can I see in the bank cartels? I see zero knowledge, it actually stepping on knowledge to become stronger, and continue to do so, look at all the policy made by the capitalist, they killing middle classes everyday, middle classes create knowledges, killing middle classes, killing the knowledge, when no more knowledge are left, we have fake news, lies, and more dumb ideas like religions, terrorism, feminism, masculinism, racism, more political weapons spread all over the headlines.

Destroying civilization are easy, just nuke the world to zero, building civilization took a lot of knowledge, sacrifice, men power to build, research and development, a lot of money wasted.

Stupid human are stupid, human always build, destroy, regret, and rebuild, and destroy again, and rebuild again, and destroy again, dumb cycle going on and going on for many centuries.

Stop destroying knowledge, human are smartest creatures in the universe, but also can be the dumbest creatures in the universe.
99  Bitcoin / Bitcoin Discussion / Kid should start earning bitcoin as young as kindlegarden on: February 05, 2019, 03:30:18 AM

Kids shouldn’t go to school and learn the same repetitive education that trained them to be slave, like lawyers, accountant, doctor, they should be earning their own bitcoin too.

I don’t believe we shouldn’t teach kid about money, we should be encourage them to earn money, since bitcoin are easy to earn, why we must tell kids to follow the same advices that lead to what we have failed millenial generation today? We don’t want our kid to end up like millenial again, we shall teach them not working for money, and as young as possible.

Becoming millionaire is no longer a privilege right to grown up man, kids should have them too, easy access to banking are also shouldn’t limited to matured, why some exchange still so stereotype by not allowing kids below 18 years old to trade crypto, this is very sad and very bad to them.
100  Economy / Economics / Do you remember how you feel about during 2008? on: January 31, 2019, 06:25:15 PM

2008/2009 feel like very special year for me, I could feel all the people around me are very different compare to before, they have a lot of worries, I overheard one of my respected senior talking about their worry about their pension, worry about the future generation, worry about their job security, a lot of worry, but as a millennial I have no clue why they're so worry about them.
To flash back it today, I'm still unable to understand all their worries, it may be the reason of age-gap, the one age group that felt stronger came from the older generation.

Well, I would like you to describe what's your feeling about 2008 and why it is so special compare to any other year like 2009,2010,2011 etc.

Also bitcoin was born in this particular year, the emotion must be so strong that it drive Satoshi to finally decide to do it.
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