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Do you agree? Despite the numerous attempt to destroy it, Bitcoin do not died and it thrive.
Many software got forgotten by time, banks get destroyed, companies broken, business ruined due to market crashes.
bitcoin survival all the deadliest attempt to kill it, and everyone else who try to kill it get themselve hurt.
But I do not recommend anyone to buy it, I would only tell my friends to sell it, dump it, collect it, whatever they can do but DO NOT ever buy it once.
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No!!! Many people get a loan and they get margin calls and the bitcoin price tank very hard when a lot of people get margin calls.
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The 15% in the fiat is banks, top politician, fed, and top professionals.
It is a blessing in fiat when you’re the minority.
Does it make you less fortunate to be the 15% in crypto?
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I find it astonishing both gold and bitcoin share the identical history, first it is about mining, then some very rich fella spend a lot to build better mining tools, then it become a booming industry. I prefer both share the same trait of store of value.
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I am not sure why you have so hate for the Americans? You might want to give us some reason? By the way, this topic belongs to Politics & Society board I guess. He is talking about the economic state of the United States so the thread seems to be in the right board, I do not know what could be the reasons the OP may have to wish that but no one needs to do anything, the United States is already printing too much money and incurring debt that it will be impossible to pay over the long term, so this will create a crisis in the US and eventually those two factors could bankrupt the country. But the US economy is still normal even though you say they print too much money? their currency rate is still one of the strongest. we have to see what made the crisis in the US economy in 2008. that might be the next reason for the future economic crisis in that country besides that the president of America has a background of successful entrepreneurs, of course he will step in accordance with measurable calculations. right, we can learn about the previous crisis to look for gaps in their economic weaknesses Yeah Trump is great enterpreneur. but he is not a good leader for all races and tribes in America? he is too rac*st actually, America has had a civil war hundreds of years ago. and it has a bad effect on the economy. I don't expect America to experience crisis because of that Congrats on voting a born rich member of family to be the leader of the country, rich people are too rich they simply have no motivation to work hard at all for the nation, they are so rich that extracting the remaining wealth from the poor seem to be a waste of time, what they will get are just 1% left wealth to be extracted from the poor, why would they want to work hard for that 1% wealth? |
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I think what makes the American economy weaker is that the policies taken by the current trump president, and various sources say that America is currently on the verge of collapse.
Everyone seem to compare it to Brexit, and it’s a possibility.
I am waiting for the country to go bankrupt, but I dunno how long it will take. What do you think is the best way to speed it up?
I believe many expert will use debt as a gauge to measure the apocalypse.
I think everyone taking a loan will contribute to the debt, but it doesn't make the country bankrupt, it's the people who take the loan will go bankrupt first. I don't think it is the best way to do, so what else can we do?
America going bankrupt? So how’s that going to he’ll you or contribute to the cryptocurrency community? Your post is not making any sense. You just said you’re waiting for America to go bankrupt and you didn’t give any reasons as to why you wish that to happen? If you think that will in anyway help this community grow or whatsoever (since I see you’re one of those crazy enthusiasts) sorry that’s not even going to work. I know everyone will want to know why instead of just how to do it, I don’t care if this thread will be further derailed by more “why” and “you can’t”, because there is just too mush of why and you can’t, adding one or two more wouldn’t harm anyone. |
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That is not a right way to say because it things doesn't go well in america then I think there will be chaos in every country for that one. Chaos is definitely the best outcome. You do not have to do anything as you have no power to make this happen.
This country is viewed as a great country for many, but we do not know their real status, if their economy will get worse, it will affect the people's way of living and would be bad for crypto also as we need them to adopt and invest if possible.
When the rich don't like something get in their way, they will make short selling possible for that particular something, and they will never allow short selling on something that they like. For crypto, I believe they will do the same too. |
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That is not a right way to say because it things doesn't go well in america then I think there will be chaos in every country for that one. Definitely we are all hell break loose, when rich people getting bankrupt, because we will have no more jobs left. You do not have to do anything as you have no power to make this happen.
This country is viewed as a great country for many, but we do not know their real status, if their economy will get worse, it will affect the people's way of living and would be bad for crypto also as we need them to adopt and invest if possible.
No doubt about the impact, I would expect it to be worse than what we suffered when the rich get richer and poor get poorer. |
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America will never be bankrupt but I think soon they will also enter into a financial crisis considering the debt level increasing every year, that affects the whole country. We don’t wish like this to any country, because we know how hard it is and we are here to improve the life of many people, let’s all hope for the best, hope for a one nation towards success.
We should be very worried if it can never be bankrupt, because it allow the rich people to never need to repay their debt while encourage them to get more into debt. But the US economy is still normal even though you say they print too much money? their currency rate is still one of the strongest. we have to see what made the crisis in the US economy in 2008. that might be the next reason for the future economic crisis in that country Not until the they faced something as great as Brexit. |
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I am not sure why you have so hate for the Americans? You might want to give us some reason? By the way, this topic belongs to Politics & Society board I guess. He is talking about the economic state of the United States so the thread seems to be in the right board, I do not know what could be the reasons the OP may have to wish that but no one needs to do anything, the United States is already printing too much money and incurring debt that it will be impossible to pay over the long term, so this will create a crisis in the US and eventually those two factors could bankrupt the country. All rich people take a loan and never pay a single penny back, it's not something new.
Rich people should be blaming the shareholders for their problems not the poor. Shareholders keep want to invest into a company that constantly makes profit every single month and that company does everything in their power to make profits no matter what. They do sometimes break the law as well and pay a penalty too but when the penalty for destroying the ocean and everything living under is 5 billion but you make 60 billion profit there is no point of caring for the ocean since you profit more than you pay. Hence, poor people could be poor because of themselves (or not) but rich people are definitely upset about other rich people as well, rich people do hate poor people that is known but from my experience rich people hate other rich people too, basically rich people usually hate everyone. The share market are created to supposedly to transfer wealth massively, surprisingly it transfer the wealth from the poor to the rich, and massively transfer them so that the wealth gap change from 90% to 99% overnight, and yeah we are going to 100% wealth gap in the future when that happen bankruptcy is inevitable. And yeah the behavior that investor only want profit is behind the reason for the wealth transfer turn ugly. |
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Working hard are very bad idea, you will get very sick quickly by working too hard, and pay big money on the medical bill, and most of the time dying are better option for them, because they have no money to pay for it and can't afford a loan.
Just so you know: you can work hard without being affected negatively. Hence why you should also work smart, not only work hard. Work hard while knowing your limits. Competition will make sure you need to work even harder everyday, and don't dream about getting it easy by being smarter, and yes the medical bill will become very competitive too. It is ok for the rich to blame the poor people for everything in life, but poor people can only blame themselve for being poor, I don't know why we have this stereotype mentality.
Since when were the rich blaming the poor for anything? LOL. Poor people blame themselves for being poor, well, because most of the time maybe it's actually their fault why they're poor. 🤷
Rich nation are blaming other nation for taking all their jobs, rich people are blaming poor people are not hardworking enough and losin their jobs to the cheaper source. The top of the chain blaming everything on the bottom for nearly everything. Forget about making America bankrupt, there's no way for it to go on that way. Don't blame the government and inequality in this world if some were born rich and you aren't.
Start working hard and have your goals in the future that will determine and encourage you to live the way you wanted. Claim it in yourself in hardest but the sweetest way that you can. Hard work really pays off.
Aye, ignoring the source that making me poor, that's not a very sound advice, however it's a stereotype that no one can blame the rich people for everything. |
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Despite the fact that I read all your posts in this thread, I'll reply this one, don't want to quote so much text. First of all, economic war is the most dangerous war as for now, just deny every import source and your america won't end up well. I agree you that almost all of the money have some rich guys, that's very bad and everything is a result of our actions, we humans let this to happen from the very beginning. World would be better with only love and piece but we don't live like that. At some point that's good because we try our best to develop and be better than others, we develop nonstop. But also, you still can achieve very valuable things like become famous actor/singer and leave your name in this world. If you want to be another trump, then sorry but you can't. Also not rich people feel well too, most of them are unattractive, a lot of them have serious mental problems like stress and etc, you can't see that in public but you don't know what happens inside, believe me life isn't beautiful for even richest guys. Making a country to go bankrupt will be one great achievement in life. It certainly doesn't sound positive, but I'm getting sick of getting poorer everyday because of the debt that made by other, I just want a way to get out from this mess.
What would anyone like you wanted the downfall of America. Remember that a nation stands not only as a person you know but individual people that had so many stories to tell and many sacrifices as well. I am Asian and never had any connection with the Americans but I don't even want their demise because we are all humans and just the same we all feel the same thing. Because bankruptcy will make everything equal again, America is the big source of inequality in this world. To bankrupt America, all you have to do is convince everyone to withdraw all their money from the banks at the same time.
Ie. what people just did with the proof of keys event, if people did that to banks... Boom!, the ponzi known as fractional reserve banking would collapse.
Of course that's not going to make your personal situation any better, in fact you would be much worse... And i can imagine the effect on the world economy considering that too many countries follow the mistaken Chicago school of economy (fast growth by debt) and its endless bubble/crash cycles.
What if it was never the same again, since the rich control huge portion of money supply, their withdrawal alone would be enough to cause a bank run, and I don't believe poor people withdraw their money from bank has any impact on the bank. Smaller bank may be collapsing, but bigger bank are the one ran by the rich, the collapse of the smaller bank would make the rich even richer too. |
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99% is too much for those people who got rich because of hard work.Why not consider for those who had gained those wealth from their parents? I understand how OP feels on being poor and being tired of inequality but sometimes we cant really change the fact nor the reality that we are born poor and we need to work hard in order to live. Don't wish the things that its almost impossible to reach.Just be contented and don't pray for a countries bankruptcy  Working hard are very bad idea, you will get very sick quickly by working too hard, and pay big money on the medical bill, and most of the time dying are better option for them, because they have no money to pay for it and can't afford a loan.
You cannot generally judge that what happens to someone is because of a certain country or group. Regarding conspiracy theories, this is certainly not supposed to be discussed in this area. the only way you can do is stop using American-made products and especially at USD. can you and the people in your country do that simultaneously? look, people around us works and have their own role in our life, and so its happen with bigger frame such as country. They have their own role. Import and Export and become the workers to another country It is ok for the rich to blame the poor people for everything in life, but poor people can only blame themselve for being poor, I don't know why we have this stereotype mentality. |
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America is already bankrupt. They are trillions of dollars in debt and have no hope in hell of paying it back. Their only hope is to buy up loads of bitcoin and wait for them them to be worth a few million each. This will at least reduce it to a more manageable size
I'm wishing for the opposite, by buying up bitcoin it actually hasten the bankruptcy process. Because there is just too much bitcoin to buy and not to forget tons of other altcoins too. I don't think what comes up in your mind that you want to bankrupt the country of the USA, this country is fully developed and they are the most powerful country among of all. So, bankrupt I think not in the country but probably people who in their(impossible to happen).
Getting born on a powerful country are itself very unfair, it is just same as getting born on a rich family, but you are not born on a rich family, your life gonna be so bad.
It is very easy! We all know that the American banking system is a virtual bubble based on empty zeros in the banking system. It would be enough, if about 10% -15% (maybe even only 5%) of people asked for the withdraw of deposits and banks become insolvent. Hasta la vista  That will be true when people have a lot of money in the bank, but what I know the rich control 99% of the money supply, the withdrawal of 1% money supply from the bank would have likely have no impact on the bank run that happened on the last decades. When the few very rich at the top control all the money supply, the rest of the plebs can't do shit to ruin the bank. |
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When the country goes bankrupt you will see that the rich will stay rich while the poor die in hunger.
We have experienced in the east a forced wealth reset, it ended as the history books say, all poor except for a few , even fewer than right now in the US.
Careful what you wish for!
There is difference between individual bankruptcy and a country bankruptcy, it will be much easier for individual to turn all their valuable into something else, it would be extremely difficult for a country to turn all their wealth around. And the same goes for the very rich people, they couldn't liquidate all their wealth easily in the event of a country bankruptcy. The rich may stay rich, but that won't be enough wealth for their next 20 generation. Because you don't only need to work hard. You also need to work smart.
Best piece of advice anyone can give.
Born rich is also a good advice. If you really want to cripple a country you need to attack their food supply.
That's called terrorism and that will again hurt the poor.
You know those food lines in the communist countries? Only the 99% were waiting there in line, the members of the communist party never had to wait for food or endure the rations system.
Take a look at Venezuela who is battling for food! Who are those affected? Never saw Maduro hunting rats.
Talk about food, there is no doubt we have food inequality too, the rich keep a lot of food for themselve for their many generation to come, who's going to suffer? The poor. For a long time, lending to the economy has had a positive effect on the economic growth of countries. So it was in the 90s and 2000s. Lending to the economy is a really good incentive for economic growth, but you need to be very careful with it. Since human greed has no boundaries, many companies, governments and countries have taken loans without really thinking about how they will have to repay debts. The main problem is that everyone thinks that the growth of the economy will continue all the time. No one thinks that something can go beyond the script. For 20 years, almost all countries of the world have been so indebted that they will soon not be able to repay these debts. And many of the countries have already faced up with this problem.
The lending system is a fraud too, it only enrich the already wealthy family, because the bank won't approve loan for a poor people, bank want to make sure you have a lot of collateral asset to get a loan, the rich get all the loan in the market, not ony they get all the loan, they also repay none of the loan they take from the bank, and making the debt getting bigger, everyone going to repay the debt created by the rich. I see so much ideology in this replies here  Especially one about working hard and you will be rich - its quite funny if you would tell this to some poor uneducated person in 3th world country. Actually same goes for United States - it is a country where American dream and social mobility doesn't work anymore so well ( look up book: Price of inequality by Stiglitz Everyone was once working for retirement, but I don't see much sense in it today, especially to the younger generation, they completely gave up the idea on retirement. You'll be waiting a long time - the US has the most dynamic economy in the World and the greatest people so realistically it aint ever going to happen.
Im convinced that civilization don't last forever, it doesn't matter how strong a country is, I know many very strong civilizations go into dust too. |
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And what exactly would be your gain should the country go bankrupt? Do you even know the amount of lives that would be on the line should a country go bankrupt and in this case, not only the American population would be affected but the entire world will suffer for it.
The suffering will be short and less painful, but it will ease a lot of life when the equality are restore. Currently many poor people are suffering from the inequality and it is a long terms suffering with no deadline. Starting from the third world countries that relies on aid from the country to even fight basic diseases or the myriads of people who have citizen in the states and they were able to better their economy because of capital inflow or the amount of weapons that they have made available for countries to combat both within and outside enemies couple with the control and checks they have constituted against countries that won't mind running others over.
And again it would be all a very short terms pain, every wars last very shortly, it is either one of them are bankrupt to fund the wars or they are all gave up on this meaningless fight. So what do you want them to do? Throw away the hard earned money their parents made? One of the reasons the parents worked hard in the first place, is for their children to live comfortably; and you want to take that away from them just because you're a lazy and envious person? That's sick as hell.
That'll be a wishful thinking, they are not going to throw anything to anyone, they have reserved the money for their next 20 generation. Oh boy your family and your bloodline will definitely be poor if you don't do something about it.
Here's a takeaway for you: If you're born poor, it's not your fault, it's your parents fault. If you die poor, then it's all your fault.
I'm going to do something, the first thing I would do is make them bankrupt, so the other generation of their bloodline wouldn't born rich again. |
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I'm sorry. But this "99% is for the rich" argument doesn't make any sense. Most of them are wealthy simply because they deserve it and worked hard for it in the first place.
I have no problem to the people who work hard for it. But the facts are most of them are born in a rich family and they are not even need to work for it when they came to this world, and the same cycle repeat for many generations to come, I'm going to see my next 20 generations to be poor AF like me. Because it is a cycle that's bound to repeat itself. And yes, those born in a rich family are some of the few who control 99% of the money in the world, that's why majority are poor because they are unlucky and born poor. There's always competition. If making a successful business is easy, then there would no be employees. Hence I said that you need to be smart and make smart decisions. If you think you're smart enough to be rich, then work for it! If not, then probably study and or gain experience for you to be smart enough. That's just it. If you're not willing to put in the work, then all you're going to do in life is to complain, while the others work hard to attain their goals.
The fed have QE 1 in 2009 to 2010, QE 2 in 2011 to 2012, QE 3 in 2012 to 2015, that is a lot of money created into the market, that is a lot of money creation, but the result of QE are making the rich get richer, and I didn't get anything from that QE, not even a single penny, it is same for all the other poor people, so I believe all the created money from the QE goes into the people who born in a rich family and they didn't work for it. The guy who work the hardest get nothing from the QE! |
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I'm not sure about this idea but I think if all the counties engage the America to a war probably the America will invest a lot of money to preapare for war and the damage to its country and the reconstruction of the damage area or maybe assign an Idiot leader to America and for sure the country will go bankrupt but non of this will going to happen so it's really impossible for America to go bankrupt.
I believe it is how Russian/Ukraine get themselve into what they have today, they're heavily invested into wars, and their currency collapsed, but they are not yet bankrupt, what a surprise! Do you even think on what is going to happen if America will bankrupt? All other nations will go down too.
That will be the best ending I want to see it happen! Having a nation itself is like having a marriage, when the nation failed you're marriage are done too. Anyways, it is very important to a country as rich and strong as America to get bankrupt like you wanted to see. You know, there are many countries which is much poorer than the poorest that is still striving to be somehow become a good country. So I don't think it is possible for America to be down.
I had seem many countries go down, that's why I want to see a strong country like America to go down too, but it will take a very long time, I hope in my limited life I have a chance to see it happen. |
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The OP has made his point, if your dady or mommy did not gave you something you are f...most of the people tried, risk and failed, some achieved something, but the fact is majority failed.
OP you are not alone in this crap, that how it is. No mather how hard you try, what you do in majority of cases you will fail. So, don't get a GF and have any children is my best advice.
It is how civilization goes down the drain, we have no people we have no nation and we have no wealth (a.k.a. Bankruptcy), and we are all heading to that direction. Because you don't only need to work hard. You also need to work smart. You're most likely not going anywhere working your 9-5 job alone. Making smart decisions and starting a business or being an entrepreneur works.
When we are fighting each other for the sake of making that 1% of total money in circulation, I don't see being smart make much difference, being smart may get me to a higher position title, I'm still need to fight for that 1% total money in circulation. Being into business doesn't directly give me the luxury to enjoy the 99% wealth that the richest are enjoying. Basically there is no way to get out from this crap. And as with loans, you don't need loans with every kind of business. I know a lot of people that started from the lower lower class(as in the lower class where they could barely afford to eat twice a day), and now? They're not like super rich, but they're decently wealthy financially. What did they do? Became entrepreneurs and created small businesses through their good ideas and smart decisions.
That may be true when competition are very low, but in a time like today, every business are very competitive, every competitive business are fighting for the same 1% wealth in the world, no doubt about many business failed almost immediately it get into the market, and it's how people getting themselves broke by involving themselves into speculative business. Complaining and hoping harm for people isn't going to get you anywhere.
Also, complaining about banks and money? Isn't that one of the main reasons we have bitcoin?
Bitcoin are great, it has no doubt causing some panic to the elite, but it is not immune to the price manipulation by the wealthy, which is what the richest people doing everyday to make sure we are all poor. We need a wealth that cannot be manipulated by the means of future market or with money. |
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I believe most of the wealth are shared only to very few people at the top,
True but that does not mean they don't deserve it. They work hard, play hard for the money. The difference between rich and poor is in the mindset. I am not ignoring the fact that economy of a country does play another big roll but when you are determined and can leave everything behind to make money (honest way) then success will fall for you. Don't expect to harm anyone please. Trust in you, trust in your skills, stay motivated and the biggest thing is that you need a rich mindset. I tried to work hard until I come to realize that no matter how hard I work, I can't beat the facts that I'm getting poorer by workin for it, because when 99% of the money are owned by the richest, while only leaving the 1% money to the plebs like me, to fight each other to earn that 1% money in circulation. I don't need a math expert to tell me fighting for 1% of money is not the best way to become rich. Finally the richest are enjoying the dividend from their 99% of all money in the world saving in their private bank, how rich I going to be to enjoy the dividend that come from 1% of total money in circulation? Also the bank don't want to give loan to plebs like me because I don't have collateral to secure the loan, only the richest can have all the loan in the world because they have so much asset to work as collateral to take a loan, I believe most of the loans created in the world still goes to the rich. What are left to me are working hard to enjoy nothing in life. Poor people are getting poorer everyday and the rich people are getting richer, a bankruptcy will reset the inequality, and giving the younger generation like me a change of life. Of course I believe in a lot of conspiracy theories.  I believe most of the wealth are shared only to very few people at the top, while plebs like me are very poorer compare to them, and they are calling plebs like me sick human being by being so poor, I just can't accept being insulted by the rich people around me. it's going to screw everyone. I'm not an expert in economics, but things don't work how you think. Also, instead of complaining of being poor and hoping harm among others, why not just work yourself up the hierarchy? You just want the easy way to riches eh? Is hard work too mainstream for you? It will make everyone start working for it, it's sick if only the poor need to work hard for it while the one who are born in a rich family do not even need to work. |
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