Visualizing the Purchasing Power of the Dollar Over the Last Century To create our visualization, we used data from the Bureau of Labor Statistics’ CPI Inflation Calculator. This calculator uses the Consumer Price Index for All Urban Consumers, which represents the changes in prices for consumer goods and services purchased by urban households.
By examining this data we can see how the purchasing power, or the total amount of goods and services that can be bought with one dollar, has changed since 1913. Additionally, we can see how recessions and major economic events impact our purchasing power.
What is $100 worth in 1913 over time?
1913: $100
1923: $57.89
1933: $76.15
1943: $57.23
1953: $37.08
1963: $32.35
1973: $22.30
1983: $9.94
1993: $6.85
2003: $5.38
2013: $4.25
2019: $3.87 https://howmuch.net/articles/rise-and-fall-dollar1913 $100 / 2019 $3,87 FIAT+Printers= Monopoly The dollar has gotten down to be a penny stock. High risk |
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Satoshi created Bitcoin to ensure anonymity. I don't know why we are eager to find out who exactly he is. I think he prefers to be anonymous so we need to respect that decision solely and not strive hard to know him.
This is totally incorrect, he wanted P2P on top of IP. NOTHING ABOUT ANONYMITY |
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There is good and bad, but marketing anyway |
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Even CSW told ya that there is no Satoshi any more and he killed that phantom ( so many got shocked and called fraud).
I bet Satoshi is gone for ever, but the competition is there, who is able to understand what he tried to create and for what purpose. And if his work was complete already when he left, or if it really needs alterations...
So, good to deep dive into the history at any time!
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Fast sicher ( Konfidenzlevel einer Hypothese...) Fast völlig unreguliert Grosse fressen kleine |
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Here he goes again: https://www.armstrongeconomics.com/markets-by-sector/interest-rates/trump-on-interest-rates-omg/Sorry, I do not agree with this and more than 10-years of low to stupidly low interest rates have FAILED to reverse the economic declines in Europe or Japan. Europe is approaching its 13th year of economic recession. When we look at the German share market, the strongest in Europe, it still has not exceeded the 2000 high on the Price Index.  1) 13th year of economic recession in Europe? Armstrong is outright lying here. 2) The relative sluggish European economic recovery has not much to do with that lower rates or that QE didn't work; but rather with demographics, bad loans on bank's balance sheets and the relative high amount of socialism in Europe. Also we don't know what the economic numbers would be without lower rates or without QE (probably a lot worse or even a depression). 3) Comparing European share markets from the 2000-bubble top is ridiculous in itself, but even more ridiculous without taking into account dividends. The DAX with dividend topped around 8000 points in the year 2000 and is now above 12000 points. Not too shabby since Armstrong says Europe has been in a recession for 13 years straight. Also we don't know what the DAX would be without lower rates or without QE (probably a lot lower). Armstrong is just outright lying, or not telling the full story. But if it's about Europe, he can only bash it seems. Marty also seems to be a total drama queen being on a period when it comes to taxation. Corporate and top income rates in general have been declining for decades around the world. There is no way to predict future of weather, economics, the universe. And that is good Selling such, is red flag, close to scam |
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Why I sold BSV and bought DASH:
1. at BSV blocks time up to 1.5 hours, it's not good enough for pay in stores, but dash now sends all payments instantly, the miners is an optional second layer of protection
2. BSV has not privatsend, the recipient of the payment can see how much money you have in your wallet
3. BSV is controlled by Bitmain, but the Dash's chainlocks makes such control impossible
1. its P2P. U sign a txs and it is done instantly 2. it has enough privacy by not re-using same public adresses and in mass production, hard to find what single entities doing 3. lol, it's totally open for any investor to compete and such does not need communists regulations (locks, checkpoints, block size limits, fck crap rules,...) |
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See, these trolls have just passed the threshold to bare fear and nonsense. This is just disgusting and shows ur stupidity in public  It's worst than that. I just realized that I, you, and the rest of the world's population looks orange under energy-saving light bulbs. True, just to not be distinguishable from the guys wearing prisoners orange.  |
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Good Lord. It's still early days gents. Or maybe no one will EVER understand what the fuck bitcoin actually is. This is like a cellphone with a rotary dial. Except at least a cellphone with a rotary dial would be something you could trust to do what it is made to do. I wouldn't trust this anywhere but in my trashcan. Bobby Lee is either Lazy as hell or a scammer. My SATs are on the latter, sorry. Why not just get a complete digital device like a trezor or a ledger nano. Do we really need any more cards in our (physical ) wallets? I didnt like the idea of this either. But some people have agreed it is all and good in a thread yesterday when it was announced to launch their product. https://bitcointalk.org/index.php?topic=5184419A 24k gold plated version? Can you say money/crypto cash grab  I see some people are really behind in getting one of these. These special edition they are selling are as good as a solid gold toilet. https://www.nytimes.com/2019/09/14/world/europe/golden-going-gone-18-karat-gold-toilet-is-stolen.htmlThe question is why have one? Some one can still steal it from you if you lose your physical wallet.  Lol, looks like Segwit, looks like gold (Bitcoin) from outside, but is for shit.  |
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Over promised
Under deliverd
Eferium is just an experiment that didnt work out.
Ethereum is premined scam, if you helping Vitalik and foundation to sell it, you also scamer. And it was an ICO, they sold securities for money, telling noobs it is the new world computer, the new internet of money, but new they cannot deliver. This is SEC relevant and illegal. Edit: Go down the checks and answer if ETH is a security
•Is there a person or group that has sponsored or promoted the creation and sale of the digital asset, the efforts of whom play a significant role in the development and maintenance of the asset and its potential increase in value?
•Has this person or group retained a stake or other interest in the digital asset such that it would be motivated to expend efforts to cause an increase in value in the digital asset? Would purchasers reasonably believe such efforts will be undertaken and may result in a return on their investment in the digital asset?
•Has the promoter raised an amount of funds in excess of what may be needed to establish a functional network, and, if so, has it indicated how those funds may be used to support the value of the tokens or to increase the value of the enterprise? Does the promoter continue to expend funds from proceeds or operations to enhance the functionality and/or value of the system within which the tokens operate?
•Are purchasers “investing,” that is seeking a return? In that regard, is the instrument marketed and sold to the general public instead of to potential users of the network for a price that reasonably correlates with the market value of the good or service in the network?
•Does application of the Securities Act protections make sense? Is there a person or entity others are relying on that plays a key role in the profit-making of the enterprise such that disclosure of their activities and plans would be important to investors? Do informational asymmetries exist between the promoters and potential purchasers/investors in the digital asset?
•Do persons or entities other than the promoter exercise governance rights or meaningful influence?
https://www.sec.gov/news/speech/speech-hinman-061418 |
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The OP has not logged in since July 2019 to defend any allegations made here. That speaks volumes. What's the issue? BitCoin doesn't care. Ppl are not that relevant too much. The tech and business runs. Devs are creating on top. But trolling might never stop, only once u need to post by micropayment. Cant wait for high quality internet, the metanet to get bootstrapped |
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See, these trolls have just passed the threshold to bare fear and nonsense. This is just disgusting and shows ur stupidity in public |
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US Treasury: Cryptos must adhere to tough market regulations
Cryptocurrencies that operate in the United States will have to adhere to the highest standards of combating terrorism financing and money laundering. This is the message that a senior U.S. Treasury official had for the crypto industry, Reuters reported. Speaking to reporters during a visit to Switzerland, the official believes that crypto companies haven’t paid enough attention to implementing procedures that can deter such crimes.
Sigal Mandelker, the U.S. Undersecretary of Terrorism and Financial Intelligence, was speaking after meeting with Swiss government officials and representatives from the Bank for International Settlements and other financial institutions.
According to Mandelker, the crypto industry has paid all its attention to developing the underlying technology and ensuring payments are fast and cost-efficient . However, this has come at the expense of implementing measures that can ensure that terrorists and other criminals don’t get to abuse their platforms.
However, the U.S. will crack down on any crypto project that doesn’t adhere to the highest expected standards, she commented.
“
Whether it’s Bitcoin, Ethereum, Libra, our message is the same to all of these companies: anti-money laundering and combating the financing of terrorism has to be built into your design from the get-go.
”
Mandelker spoke before a meeting with officials from Switzerland’s financial markets supervisor FINMA. The meeting revolved around the application of proper anti-money laundering safeguards and how to deal with crypto companies that fail to comply with these safeguards.
Mandelker further stated that she believes that Switzerland must be on the forefront when it comes to enforcing such measures, especially since the country has touted itself as a global hub for innovation.
She explained, “Switzerland, like a number of other countries, has promoted itself as a hub for fintech and for innovation, and so of course any country that promotes itself in that way — in my view, it’s incumbent upon that country to take these particular concerns at the highest level in (to) the utmost regard.”
With cryptos becoming more prominent in the financial industry, it has become pertinent for regulators to ensure they aren’t being used by criminals to bypass the existing regulations. Thailand’s anti-money laundering head stated last month that his office would ensure that cryptos aren’t used to launder money, with the U.K. also recently drafting an economic plan to crack down on money laundering activities in the country.
https://coingeek.com/us-treasury-cryptos-must-adhere-to-tough-market-regulations/ |
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Good start to clean the shit
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Oh - u are part of the hodl fraction and wait for somebody else to deliver what u like ?
I'm not actually. I use bitcoin for what it was designed to do: be a currency. I don't HODL at all. But I do use bitcoin 3-4 times a week. I get paid in bitcoin. I spend in bitcoin. I use it as a means of currency conversion. I send it to friends and family. My professional life more or less revolves around it. I also just really hate pathologically lying cult-of-personalities and thieving con artists. What's your excuse for having your head so firmly planted up the ass of crypto's biggest charlatan? Good to hear, so u Need low fees. I see u are on a good way, but still why are u so triggered by ppl in the social media world of truth ? Good to have the tech, that is agnostic |
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Craig's new book is a joke. Just a bunch of his Medium posts bundled together.  - but fine u bring it up CSW isn't responsible for the contents of his own book? In your eyes he's just never made an error, has he. I bet he is mosty responsible for the contents - and sure human are about to make errors - what did u expect? Oh - u are part of the hodl fraction and wait for somebody else to deliver what u like ? LoL Erm ... wrong. Oh, yes it is! ... watch and listen ... - https://youtu.be/mBNT7X5sjPM?t=346458:09 CSW Quote: "... Basically what we have there is a simplified compilation of my blog posts ... so, yes! ..."... @hv_ perhaps it is a good time to question exactly what you do and do not know. Facts are facts. I m sure that u have some comprehension issues - but wait and hodl is ur friend as well, right ? have fun |
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Irgendwas müssen die ja schreiben .. oje |
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Craig's new book is a joke. Just a bunch of his Medium posts bundled together. It's not written by CSW - but fine u bring it up CSW isn't responsible for the contents of his own book? In your eyes he's just never made an error, has he. I bet he is mosty responsible for the contents - and sure human are about to make errors - what did u expect? Oh - u are part of the hodl fraction and wait for somebody else to deliver what u like ? LoL |
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It doesn't really matter, for example bitcoin is the granddaddy of crypto coins but many altcoins have better features than bitcoin and not a singe one of these so called altcoins are able to kick the king's (bitcoin) crown out of its head for a whooping 10years and counting, the fact is will people choose hashgraph over bitcoin? i doubt it
As a fact of any good protocol, the 'feature' are not part of itself, but rather the protocol ensures security & stability and enables a lot of Features to be build on top of it ( like TCP/IP) Once u ve found out that the original BitCoin protocoll was and is already such and can scale - than all other funny 'Feature-protocols' are useless. |
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