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1901  Other / Politics & Society / Re: If Taliban attacks on Panjshir then US and EU must show its full force - why? on: August 24, 2021, 08:11:20 PM
What investment opportunities does Europe have in Afghanistan?

It's not a modernized country, resources might be abundant but you still have to invest the resources to pull out the oil/minerals out of the ground. This is after somehow you eliminate the Islamic racialism in the country - something the US could not accomplish after 2 trillion dollars and 20 years.

Panjshir is going to fall, and Europe won't do anything about it.
1902  Economy / Economics / Re: After 1 year of Covid 19 Virus on: August 24, 2021, 07:25:37 PM
New variants keep appearing and this makes us have to be vigilant, always following health protocols is the best step, vaccination has not been effective in preventing the virus so WHO must immediately make an effective vaccine, I'm afraid the impact of a pandemic that is too long can create new problems, especially economic problems because at this time There are many companies that have gone bankrupt.

What are you talking about? It is not the responsibility of the WHO to create vaccines. Only the pharmaceutical companies such as Pfizer and AstraZeneca can do that. What the WHO can do is to make sure that effective vaccines reach all the counties, so that there is no severe shortage of the medication. Companies in certain sectors (hotels, aviation, tourism.etc) have gone bankrupt, and there is not much we can do about it. Full economic recovery will occur only when the pandemic is contained. And unfortunately, that is at least 6-7 months away.

I'd argue not locking down indefinitely would help out the hospitality and airline industries, but that'd be asking too much for the folks all over the world that are locking up millions of people over something like one or two Covid deaths a day. Seems the strategy for fighting the delta variant was to use the same strategies that didn't work earlier.

The pandemic is already contained for the vast majority of first world nations. As long as there is a working vaccine, there isn't a valid reason to close up businesses. I can promise you there'll be another variant in 6 months that will cause the same amount of "despair", aka a mild cold for those vaccinated.

1903  Bitcoin / Bitcoin Discussion / Re: Reminder: US House meeting to end privacy, mining and software development in US on: August 24, 2021, 06:58:44 PM
Americans don't care about privacy, they can contact their house representatives all they want.

I've read a bit about the provision in the Infrastructure spending bill and it seems like a poor attempt to increase tax revenue by invading privacy as the means, with the end result just to tax the hell out of those in the crypto industry so they can pay for their 1.25 trillion in spending. The American electorate, and by proxy, politicians, don't understand privacy, let alone basic crypto fundamentals, so it's a shame that this will get passed.
1904  Other / Politics & Society / Re: Coronavirus Outbreak on: August 24, 2021, 06:51:54 PM
https://www.fda.gov/news-events/press-announcements/fda-approves-first-covid-19-vaccine

FDA authorized the Pfizer vaccine, so out of the main 3, others being Moderna and J&J, those are probably coming soon. Goes without saying, there are still side effects even with an FDA approved drug - but we also have hundreds of millions of data points world wide to compare vaccine efficacy and side effects. You may have been able to approve Pfizer's jab a long time ago, in fact. Pfizer began shipping and put jabs into peoples' arm in Dec. 2020. It's now August.
1905  Other / Politics & Society / Re: Do you trust the co-vid19 vaccine ? on: August 24, 2021, 06:46:28 PM
https://www.newsweek.com/donald-trump-booed-alabama-rally-after-encouraging-crowd-get-covid-19-vaccine-1621811

It's hilarious to watch the far right have a melt down because Trump said to take the jab.

Trump must be part of the conspiracy too.

I came here to post this. Here's let's add what he said.

Quote
“You’ve got your freedoms, but I happen to take the vaccine. If it doesn’t work, you’ll be the first to know, OK? I’ll call up Alabama. I’ll say, ‘Hey, you know what?’ But it is working. But you do have your freedoms. You have to keep — you have to maintain that.”

I could say any number of snide things but why bother, have a merit instead.

A merit for being lucky? VAERS over 13,000 vaxx dead - https://openvaers.com/covid-data - plus hundreds of thousands of injuries. And that's only the ones they have to admit.

Cool

And what might it say about Trump, now that he has graciously succumb to the gradations of vaccine acceptance? Once seeming to suggest that vaccines might be linked to autism, and then part of the administration that has produced a vaccine, rolled it out, and that has been injected into hundreds of millions of people world wide?

Is Trump attempting to implant microchips and control the world. Conspiracy must run deep, and Trump must be part of the game.
1906  Other / Politics & Society / Re: Do you trust the co-vid19 vaccine ? on: August 22, 2021, 07:06:48 AM
https://www.newsweek.com/donald-trump-booed-alabama-rally-after-encouraging-crowd-get-covid-19-vaccine-1621811

It's hilarious to watch the far right have a melt down because Trump said to take the jab.

Trump must be part of the conspiracy too.
1907  Other / Politics & Society / Re: Reeee: Joe Biden is President of the United States on: August 21, 2021, 11:20:33 PM
Yes, Nancy Pelosi and Chuck Schumer just pick who they want to be the candidate, and it is so.

Well good thing for you is they'll be able to pick another dementia ridden candidate so it's looking good so far!
1908  Other / Politics & Society / Re: Reeee: Joe Biden is President of the United States on: August 21, 2021, 10:18:13 PM
If Joe Biden doesn't run in 2024 as the President, does Kamala Harris automatically fill the seat? Do democrats just pick who they want to fill that seat? And if Kamala Harris does become the front runner, who becomes the VP? Very messy if Joe Biden does not run, and Kamala Harris is very unlikeable. An uphill battle.

Of course, consider the record of the Biden administration. He is only about 7 months in, but if Biden steps aside, does that give Kamala Harris a bit of a clean slate?

A bit of a side note, reports of ISIS planning terror attacks near or on the Kabul airport. So much for getting to airport safely, Joe Biden - https://www.cnn.com/2021/08/21/politics/kabul-airport-terror-warning/index.html
1909  Bitcoin / Bitcoin Discussion / Re: Is BTC Volatility More of an Advantage than Disadvantage? on: August 21, 2021, 07:20:46 PM
It's not an advantage, you ask someone why they won't adopt Bitcoin and volatility is one of the more popular reasons, among others.

You can't make the case to someone in the lower class that they should adopt a currency that might lose 20 percent of its value over night after a speculative bubble crash.

You can make the argument that fiat currencies lose a "flat rate" of its by virtue of its own existence of around 2-3 percent a year at least, which is the numbers set by the central banks, so it's more stable. Although, this doesn't take into account the risk of elevated inflation or hyper inflation - point being, the loss of value with fiat is more or less guaranteed, while crypto is difficult to predict.
1910  Alternate cryptocurrencies / Altcoin Discussion / Re: F*CK BITCOIN. USELESS COIN BACKED BY NOTHING. Stablecoins are the future. on: August 21, 2021, 06:54:19 PM
And don't you speculate with stable coins? Do you not speculate that the sustainability of stable coins will be prolonged and not collapse once it is discovered that the physical assets backed by the stable coin either do not exist or do not have integrity? Watch, all the governments of major banking systems (EU central bank, swiss banks, fed. reserve) will release their own stable coins within the coming years - and people will suck them right up because they foolishly believe that large countries are too big to fail.
1911  Economy / Economics / Re: Enjoy comunism (III) rats eating dead people and people eating rats in NK on: August 21, 2021, 06:48:57 PM
People do know what's going on in Venezuela for the most part, everyone just ignores it because we're not allowed to talk about how socialist countries fail hopelessly with their economic situation, and how hyperinflation spirals out of control when you put all your eggs in one basket. With Venezuela, the price of oil dropped and their economy crashed because there wasn't enough economic activity to pick up where the oil left off, thanks to the government.
1912  Other / Politics & Society / Re: Will Afghanistan fall into a prolonged state of war again? on: August 20, 2021, 11:55:07 PM
https://twitter.com/Anthony/status/1428712321317318657/photo/1

Americans are in an extremely bad spot.

The French are rescuing their citizens at the Kabul airport but also making evacuations in other places, the US soldiers are stranded at the airport.

The US can't go around extracting US citizens or Afghan allies outside of the airport because the fear is that the Taliban will start a physical shooting war with American troops - that means more troops must be brought back to the region, and the war that Biden tried to end will have literally have become worse had Biden left troops there in the first place.

Americans are screwed, the government you paid for will not help you.

There were also some journalists saying that American citizens were being charged 2,000 USD for a plane ride home. The state department scrapped it once the stories began to circulate it.
1913  Economy / Economics / Re: Coinbase IPO was the largest IPO in 2021. 86 billion USD valuation on: August 20, 2021, 08:20:36 PM
...

Crypto IPO's are hot right now.

Maybe they might be over inflated, but the stock market seems to overvalue any company that might have crypto associated with it. I read this article years ago so I don't have it on hand, but it was a report how companies can just attach "blockchain" to their identity and public interest in the company increased based on that alone, despite the tech not even being related to block chain. You're seeing the same phenomenon with marijuana stocks as more countries make it legal, so a lot of international commerce with marijuana is going to happen, especially when the US legalizes it outright. Current investors will overvalue weed stocks.
1914  Other / Politics & Society / Re: Coronavirus Outbreak on: August 20, 2021, 06:48:53 PM
NYT article on those stupid plastic coverings, they even had such coverings during the US Vice Presidential debate, I think all of them IIRC.

https://www.nytimes.com/2021/08/19/well/live/coronavirus-restaurants-classrooms-salons.html

Turns out, they don't do anything, and they might even make things worse. At some point, I'm sure people will come to the same realization of masks. Wearing a thin flimsy mask isn't going to stop the spread, just like putting a piece of plastic or glass shield in front of you and another person will not provide any protection. It's just theatre.
1915  Bitcoin / Bitcoin Discussion / Re: What hatred do people have for Bitcoin? on: August 20, 2021, 06:03:16 PM
It depends what the "agenda" is....

A financial consultant or Broker with old school Fiat education will most probably "hate" Bitcoin, because he or she make their money from a system that put barrier to entry for the average Joe on the street. (They charge "fees" for handling other people's money and you have to produce certain documents to operate in this field)

Now, what happened now.... a new technology (currency/commodity) are introduced that are not regulated and people are given the "power" to handle their own trading..without a barrier to entry and without the requirement to have "superior" knowledge on the subject. (You simply register on an exchange and you start trading Crypto currencies)

These butt hurt sub-redits are full of Fiat financial advisors and brokers and people who missed the "early" days when Bitcoin was cheap or people who invested in scams (where Crypto currencies was used as a payment) and these people got burnt! (Now suddenly... Crypto currencies are evil or Ponzi schemes)  Grin Grin Grin Grin

Bingo.

Some aging financial executive that's upset they can't exert fiscal control on something like Bitcoin makes them afraid. I remember the misinformation spread about Bitcoin when it hovered around 1k and crashed a few years ago - the wall st. execs seemed to have an arrogant "I told you so" mentality.

Of course, with inflation spiraling out of control for many currencies, those same folks seem awfully quiet as BTC is climbing.
1916  Bitcoin / Bitcoin Discussion / Re: Bitcoin ban, mission impossible on: August 19, 2021, 09:34:25 PM
Given the nature of this digital currency, there are always conversations to be heard about not buying Bitcoin, as Bitcoin works outside the traditional banking system, so there are too many opponents to it. However, its design is such that no one can create a particular barrier to buying it. If you have access to the Internet and a Bitcoin wallet, you can invest in buying Bitcoin.

Many countries have struggled to obtain this digital currency. Bolivia, Thailand, Vietnam and Bangladesh, for example, are all trying to obtain Bitcoin. Even more advanced countries such as Russia, Japan, Australia and Venezuela have attempted to legally sell Bitcoin. But it is interesting to note that some countries, such as India and the United States, have not yet taken action in this regard and have not yet defined an official policy on such currencies.

In general, it should be said that bitcoin cannot be an obstacle, and this is one of the advantages of Bitcoin.

This really could not be more wrong.

On surface level, yes, the government can't technically stop you from buying Bitcoin. But who controls the internet? The government. Who gives you internet access? Private corporations that operate within the purview of the government. The government has the power to completely limit Bitcoin by either regulating it into the ground, or taxing it insane rates to the point it doesn't make sense to trade with it. Right now, the countries that ban Bitcoin aren't established enough to have a large effect on the markets, but if China, US, EU were to try and ban it, you can bet they'd have a massive effect.
1917  Economy / Economics / Re: Die today, Die tommorrow, the same dying! still get vaccinated! on: August 19, 2021, 03:02:29 PM
I would urge everyone to read more, about everything. Good content on vaccines is hard to find but it is out there. mRNA vaccines were not FDA approved in the united states until 2018. Nano lipids were not FDA approved until 2016. There were short timeframes associated with vaccine testing and its underpinning technology.

Nanolipids are just a drug delivery mechanism, so even if you believed there were some adverse effects of the vaccine, the chance that nanolipids have debilitating side effects are slim to none. I get the concern for mRNA vaccines because the side effects aren't completely examined, but the benefits outweigh the risks if you have preexisting conditions or are over 75 years old.

Bill Gates has always been a hippie pro-vaccination'er, so it's not suspect to me why he's become the face of the Covid-19 vaccine. It's a bit odd though, the same folks that tell you not to listen to the non-scientists will put Bill Gates on tv screens to convince everyone to get vaccinated. I see why there's hesitancy.
1918  Bitcoin / Bitcoin Discussion / Re: Bitcoin for Afghanistan and Taiwan on: August 19, 2021, 01:47:32 PM
Taiwan, not quite yet, but they would be better off storing away their currency into crypto because they won't be able to rely on the US to protect them against Chinese aggression. Afghan's are unfortunately too poor to begin with, so I'm not sure how quick they'd be to adopt crypto when their currency is already failing. Lower class usually has a problem with a fiat to crypto transmission, and it doesn't help that the entire Middle East is primitive in technology. The number of folks that are using Bitcoin to improve their situation in Afghanistan has to be next to nothing.
1919  Economy / Economics / Re: When debt is an asset on: August 19, 2021, 01:36:25 PM
What's the purpose of the negative interest rate.? Is it deliberate to encourage borrowing and stimulate growth? And who lends the money, government, banks, regular people etc? I assume typical profit oriented lender would lend in anticipation of profit.Or does the lender profit in another way?

It's bad for interest rates to be approaching zero, let alone negative interest rates. It encourages banks and private entities to hold their fiat instead of circulating it into the economy. Less money supply and less circulation is bad for the economy. The centralized banks shoot for at least a 2-3 percent inflation rate, it encourages spending. If interest rates are too, central banks will fire up the printer or start taking on debt in securities in order to inject new money into the supply.
1920  Other / Politics & Society / Re: Do you trust the co-vid19 vaccine ? on: August 18, 2021, 09:35:23 PM
https://twitter.com/AP/status/1428065924737818625

Actually not a terrible idea but there are some problems. If you work around the old, you probably should get vaxxed or find another line of work that isn't dealing with the elderly. However, US's FDA doesn't have the vaccine completely cleared yet though, so they're forcibly imposing a vaccine that is still under emergency usage authorization.

I haven't read much into this beyond the tweet, so fill me in if you know - are there exemptions? Are there exemptions to those who previously were infected and could prove they are immune with an antibody test? Will they be required to take boosters?

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