Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[pfrtlpfmpf]

another problem gold and silver has is my situation as a digital nomad traveling the world. How do I pack up all of my belongings and relocate to my next country (as I tend to do) with all of my gold in my suitcase?

Nobody said life is easy.  In the past, EVERYONE knew fiat bills were NOT money and were just receipts for actual money (silver and gold).  NOTHING has changed since then.  NOTHING.  The only place wealth can be stored is in the physical world, either through physical commodities, commodity currency like silver and gold, land, or some other abstract item that resides in this plane of existence like possibly art.  You CANNOT store wealth in zeros and ones. Those are called fucking RECEIPTS, IOUs, artificial scarcity congames, NOT wealth.

Do you even comprehend what would happen if it was that easy to transfer real wealth 2000 miles away instantly with a mouse click?  Things like the Pareto Principle would cause every single drop of wealth in the world to instantly vacuum out of most countries and into one psychopath's house probably in Jew York or Tel Aviv.  The fact wealth cannot be instantly sucked out of every nation of earth with a mouse click is a good thing.  It's a fucking governor to prevent instant collapse of the entire planet, just like the speed of light is needed to prevent everything from happening at once.  Life requires friction to exist.

Sometimes you blow me away, i´ll give you that !

[Elwar]

troll quote about j00s

Hmm...I do know what happens if it is that easy to transfer real wealth 2000 miles away instantly with a mouse click. I get my web hosting service paid for.

But I guess my web hosting service has no value? So you're saying I should not have paid my hosting service any money for that service? They scammed me!?!

Should I be shorting Google stock because all of their value is in digital services?

The sad fact (for you) is that some ones and zeros have value. Just like the word yes or no in certain situations. Yes you got that job. That yes is a pretty great thing. A no would be bad. A picture made up of bits can be a beautiful thing. A whole lot of pictures and sound made out of bits makes some pretty spectacular movies. Saying that the movie is just a bunch of ones and zeros changes nothing about the experience.

I'm not sure how you're even sharing your information about those ones and zeros across thousands of miles without ones and zeros.

[TERA2]

Things like the Pareto Principle would cause every single drop of wealth in the world to instantly vacuum out of most countries

Whatever you say about that in any case I just bought some porn from around the world using bitcoin so it's case closed.

I supposed I should have asked if I could mail them a silver bar, or toss it to them.

[pfrtlpfmpf]

Things like the Pareto Principle would cause every single drop of wealth in the world to instantly vacuum out of most countries

Whatever you say about that in any case I just bought some porn from around the world using bitcoin so it's case closed.

I supposed I should have asked if I could mail them a silver bar, or toss it to them.

You BUY Porn ?  You must be hardcore  

[TERA2]

You BUY Porn ? You must be hardcore 

It's mostly a tribute for if I really like someone's work.

[Rosewater Foundation]

I am pretty sure you can game the tax systems by “earning” all your income while offshore or in a tax free jurisdiction  and not staying in any particular Western country for more than 179 days [does not work for US citizens]

So fly to Dubai to cash out your BTC and then go skiing for a couple of months, rinse repeat. 

The problem that I have is specifically with owning property in that kind of situation. I don't want to go from hotel to hotel or Airbnb to Airbnb for the travel part. But if I could just own two houses and have each of them set up as a fully functional base then I would be perfectly happy to just fly over from one to the other every 6 months. Just haven't found anything specific regarding this edge case yet.

I think in Thailand you have to be a citizen to buy...you can lease, which is what most foreigners do. Actually most marry a local and the wife buys the property.

The citizen part was what I was worried about. Seems to be that case everywhere. I know that foreigners can buy property in Japan, but it seems like that is only for commercial purposes (such as renting out). Suppose using family could work though (in case there are no decent countries that allow non-citizens to own property for private use).

About 9 of 10 people, i know, lost everything this way, in Thailand. Don´t do it !
It´s a wonderfull country, but just "rent" there.

My Plan: Retirement Visa, and if they decide to open a Karaoke right opposite (which happened to me, complete with a gun waving Thai, never ran faster in my life), i´ll just move.

I'm not interested in Thailand (already lived there for a while and wouldn't want to retire there). I'd like a house in two different Western countries (or one Western country and Japan) for tax purposes though, just not sure how viable that strategy is.

Tahiti seems nice. I'd have to confirm with Elwar. Are there dancing girls? Dancing girls is the only reason to go anywhere.

[pfrtlpfmpf]

You BUY Porn ? You must be hardcore 

It's mostly a tribute for if I really like someone's work.

Yep, it´s work, in fact: "Art".

[realr0ach]

The sad fact (for you) is that some ones and zeros have value.

Information (zeros and ones) only have value to the extent in which it can affect the physical world in which humans inhabit.  If someone offers to give you information on how to build a house, then yes, this has value because it has crossed over into this plane of existence from an imaginary plane of ideas.  A digital movie or game can make people happy or sad and thus interact with this plane of existence and provide value to that extent.  These are all temporary and fleeting phenomenon and not permanent, though.  It is similar to the software piracy argument of:  Is it stealing or not?



As you can see, everything in those imaginary planes of existence humans don't inhabit are based on artificial scarcity.  Items based on artificial scarcity can have temporary value due to providing some type of service, but they are not stores of wealth just like a digital copy of the bible may have had enormous value to humans at some point in time but is essentially free now.

The purpose of money is to store value and be able to transport that value/wealth from point A to B over time.  Nothing based on artificial scarcity (zeros and ones, bitcoins, Windows 3.1 ISOs, etc) accomplishes that task of reliably moving wealth over time, hence they are not stores of value, money, or anything else.  Money requires actual scarcity residing in the plane humans inhabit, not artificial scarcity derived from an imaginary plane of existence that provides only some sort of temporary utility like regulatory arbitrage.  Bitcoin is a temporary fee charging service, not a commodity. Businesses/services come and go.  It requires a blackhole hitting the earth to blackswan metals.

[Rosewater Foundation]

Art.

[Rosewater Foundation]

In all shapes and sizes.

[Icygreen]

[BTCMILLIONAIRE]

**except fire ants (op pls nerf)

[pfrtlpfmpf]

Art.

Oh, i know her, she´s going to take your house, your car, everytzhing, carefull  

[Icygreen]

Snip

**except fire ants (op pls nerf)

If it really does roaches I'm satisfied.

[Rosewater Foundation]

Art.

Oh, i know her, she´s going to take your house, your car, everything, carefull  

This is what houses and cars are for.

[realr0ach]

Oh, i know her, she´s going to take your house, your car, everything, carefull  

This is what houses and cars are for.

The Sewerwater Foundation of cuckoldry has spoken.

[Rosewater Foundation]

Oh, i know her, she´s going to take your house, your car, everything, carefull  

This is what houses and cars are for.

The Sewerwater Foundation of cuckoldry has spoken.

[pfrtlpfmpf]

Art.

Oh, i know her, she´s going to take your house, your car, everything, carefull  

This is what houses and cars are for.

At least, i get to drive them for a while  

[TERA2]

Art.

Oh, i know her, she´s going to take your house, your car, everything, carefull  

This is what houses and cars are for.

At least i get to drive them for a while 

If you're driving your house no wonder that happened.

[Rosewater Foundation]

Never let anybody drive away with your house. Rules to live by.