[edited out]
The Long Island railroad model is only an illustration of the issue.
Yes. It seems that I accounted for that it was only an example.. or illustration or whatever.
how bout this.
USA go to school in 1975 lots of good cheap colleges get out at 21-22 zero debt get a job blank blank blank..
USA go to school in 1996 not as many good cheap colleges get out at 23-24 as you need a masters to compete with the ones that graduated in 1975 and you have a small loan maybe 25k
USA go to school in 2017 almost any college cost at least 60k more like 200k get out at 23-24 you better have a masters to compete with the ones that graduated in 1975 and 1996 and you have a larger loan over 100k.
that is the education twist on the Long Island Railroad example I gave.
You're still not really saying much of anything. So what? Largely you seem to be recognizing some potentially conceded hypotheticals, and the points that you are trying to make? How do your points relate to what we are talking about here?
As to why I use USA simple USA is still the fiat standard (how long does it have?)
and USA so far was able to heavily fuck the world market by raising % rates for the dollar.
Which is many countries are trying to do BTC and which is why the dems let SBF shit all over (JJG you will love this) BTC using FTX and all the shitcoins (other than LTC + Doge).
Oh gawd..
You just love simple scenarios. Yes.. there was a lot of bullshit fraud going on in the SBF/FTX/Alameda case. Yes.. the US Govt seems to be quite threatened by bitcoin from several angles... so there seems to be various kinds of mud-stirring going on that might involve collusion to allow SBF/FTX/Alameda to fuck around with bitcoin in terms of not having bitcoin to back up what they were doing and to be engaged in a kind of fractional reserve that involved no bitcoin.. and a lot of fake shit.. yes.. so what? what are you saying? exactly? Are you trying to make some narrow causal statements in regards to how dirty the USA Govt is going to play and that's why you don't believe in buying bitcoin and instead you are going to buy I-Bonds?
Does this clarify it a bit more.
Please remember it is always or almost always just written in stream of consciousness.
It does not really clarify very much. We don't disagree that various kinds of shit is happening that relates to bitcoin, and it has historically been happening, and it is likely to continue to happen and also we are still discovering some of the various connections of SBF/FTX/Alameda to bitcoin and surely, there might be some attempts to cover some of that up too, but it may well be too difficult to cover some of those relationships up.. We will see, but bitcoin is not merely about the description that picks out various things that are going on and then NOT really having much of any kind of point except maybe to say things are messy or maybe you want to say BTC prices are going down? or would you rather say that bitcoin prices are going up? You see that it sometimes can be difficult to figure out what point that you are wanting to make..
yes, we know that there are all kinds of dynamics that relate to cost of living getting worse for Americans. Are you familiar with any of Jeff Booth's ideas in terms of the price of tomorrow or even maybe some of the podcasts that he has recently participated in? I can give you some links, but I am not sure if that will help if you might not listen to them and you just point out various facts that a lot of us really already know, but just pointing out "stream of conscious" facts does not always necessarily lead to the various conclusions that you want to make.. or your speculations about when x, y or z is going to happen. Does it?
I know that you just love to make specific predictions, but what good is that going to do? maybe a lot of us might NOT be in great disagreement if you are making directional and long term predictions rather than specifics (as long as you keep your stupid-ass talking up of doggie coin or keep litecoin pumping out of it), but if you are trying to lock-in specific kinds of short-term predictions in a sorcerer guru wannabe way, then you are more likely to receive push back.. maybe not from everyone..
[edited out]
82x16800= 1,377,600 while it may be a nice chunk of change it is not entry level fuck you status.
If you had read the post, I am going by the 200-week moving average which is currently $24,400.. I am not suggesting that any BTC would be spent below the 200-week moving average.. but the 200-week moving average can likely serve as a kind of gauge for folks who are long-term oriented.
If you are thinking in dollars and you are wanting to cash out right now, then yeah you will need more, but not too many people here are very excited about holding much of their Investment portfolio in dollars, except maybe you.
Yes, I will concede also that an investment portfolio would not necessarily ONLY have bitcoin and dollars in it, so there are a lot of ways to end up feeling that you are either at or pretty fucking close to fuck you status, merely because you currently have 82 BTC and perhaps some other assets?
Perhaps you also have stocks and bonds and property and some PMs and maybe you even have a pension plan and social security too... whether your age is 50 or you might be another age would also contribute whether you consider yourself to be close to entry level fuck you status or perhaps exceeding it. We would need to figure out what is the whole package before we start to poo poo someone who happens to have 82 BTC at this time and to be suggesting that maybe they don't have enough, because I would think that a 50 year old with 82 bitcoin right now would feel as if he is in pretty decent shape.. except perhaps if you are trying to spin the whole situation into an assertion that this vacuous and gambling 50 year old does not have anything except the 82 bitcoin, and yeah, then he is in a much worse situation if he has not really balanced out his investments in a variety of ways and he has not been able to generate any other cashflow sources in his life.. so maybe if he were to ONLY have 82 bitcoin in your spinning of the scenario, then maybe he would have to keep working or find a job in which he can build other aspect (assets within) his investment portfolio before he is able to feel that he is at or near fuck you status.
By the way, there are a lot of ways to measure wealth, and I have never been the one to suggest to put all of your assets in bitcoin, and I also believe diversification is a good idea, especially once you start to build your investment portfolio.. and yeah, when I refer to diversification, I am not referring to buying shitcoins.. .
Poll
