Oh I get a wonderful email from binance.us they want me to stake in a shit coin
I won't mention the name. but it is paying a wonderful 1.9%
meanwhile I am stacking
BTC
BTC gear
US savings I Bonds at 9.62%
What about doggie coin
* and perhaps some of your other shitcoins
*?
**Not meaning to troll you too hard (unfairly) or to inspire you to talk about shitcoins.. but maybe you could have added an asterisks ** and state "a few shitcoins too".. hahahahha.. Either you have completely exited from shitcoins or you failed/refused to be accurate in your description regarding how you are playing your bitcoin dollar balance that also likely involves some shitcoins.. even if they may well have some minimal role, they should at tleast be part of the quasi-relevant package.. even though many of us, including yours truly are going to get "on your case" if you try to go into details in terms of pumping your transitory? shitcoin ideas.. .That means many are just buying the I bonds
Mr V.B. killed off 20million a day in mining earnings which is not being replaced very well. This trickles across btc along with the chance to buy I bonds at a huge number.
My 10k in bonds Has been spread across June to Oct . I now will take a shot on some in Nov once rate comes out.
This was going to be one of my inquiries and even potential criticisms of some of the implications of your previously stated strategy, and part of my concern about those yield type products is that there can be a decent amount of risk of locking up your capital more than it should be.
I am not necessarily 100% against the dollar based product as long as you were to have sufficient investment in BTC and you are ready willing and able to lock up that much value into those kinds of products that you know are nominally appealing but not necessarily going to pay off in real terms.. But if you are able to cycle the product and therefore invst over the lock up period, such as over $1k per month, and then by the end of 10 months, then you might have reached your yearly maximum, but then also the earliest ones are no longer completely locked up so you have flexibility to continue to buy them on a monthly basis or whatever, so they are also available to you to cash out on a regular basis too.
So if you already maxed your yearly allowance by buying over 5 months, you cannot even buy until next year, right?
finance.us offers 16 shit coins for staking only 1 of them pays more than the I bonds
Your thinking really sounds distracted..talking about staking bullshit... when most of it is ponzi bullshit to lure you into keeping value into various shitty products.. when is the rug pull coming?
Every day I search Bing
"How did Putin die last night"
Seems to be the worlds only hope to end this inflationary spiral upwards and onwards.
I doubt that yield products are going to save you Philip. Have you heard about bitcoin? How is your bitcoin investment going? Oh yeah, you forgot to invest into bitcoin because you ONLY consider bitcoin as way to earn short term cash, and you believe that buying mining machines is the same as if you were actually buying bitcoin.. like a kind of bitcoin proxy..
Oh my... May god save you...
(if there is such a thing.. or might we say, "May the spirit of satoshi save you"?) I know that I might have not represented your position completely accurately.. but I ONLY can remember so much information about your seemingly silly priorities that seem to de-emphasize the holding and accumulating of actual bitcoin during times like this, even though you were pretty excited to acquire bitcoin when BTC prices were supra $40k. Go figure.
[edited out]
The Russian lunatic and his war don't help but a lot of that inflationary spiral is the west's own fault (and part of the Russia problem is also).
Our interest rates were kept far too low for far too long, which is exactly why so many turned to BTC. You were punished to save money. Foolish!
Printing endless money was completely stupid. The housing market and stock exchange were seen as examples of a great economy whilst many people never earned more, and hardly kept their salaries up with the inflation THEN.
The Covid carry on was a MASSIVE overreaction. Sure, keep the vulnerable like my mid 80s neighbours safe - bring them food, whatever, but preventing me from going into an office or enjoying the cinema unless I wear a mask for 3 hours was ultra stupid. Closing down fun outdoor places in the summer was even more ridiculous.
Here in the UK people were paid to stay at home and do nothing. The demand stayed the same but the produce wasn't there in the same quantities. Then there was helicopter money in the USA.
Pathetically short sighted.
We haven't seen the end of inflation I reckon. Here in the UK it is yet to peak.
We should have moved the interest rates up with at least the same rate as the FED to prevent our currency from collapsing.
Of course, many of us question whether the various shut downs were "on purpose" rather than being pure incompetence, and of course, there is a mixture of dynamics going on, and certain kinds of leaders are able to get traction. with agenda's that have malicious intentions, and I would not even contend that all of the malicious people are "in control" because they likely lose control on regular bases in terms of their attempts for "soft landings" and attempts to keep damages in the back yards of "other people."
Surely many of us believe that bitcoin is part of the solution towards protecting ourselves - while at the same time many of us get frustrated as fuck that we become more limited in ways that we can enjoy our bitcoin when there are a lot of seemingly reckless (and/or incompetent and/or malicious) leaders who are not ONLY on one side of the political spectrum.. even though sometimes we also might get caught into believing that one side is more right than the other side, which also is likely to be true.. but I cannot see the solution to be abolishing government.. even though sometimes people (including some of the smart bitcoiners) like to frame solutions in that kind of way, which also seems to be lacking in practicalities... bitcoin does not necessarily solve all things, even though we are likely to have more personal options when we are somewhat hedged in bitcoin (and perhaps even aggressively hedged in it. .to the extent that we don't overdo it and become a victim of our own lack of balance in terms of trying to stay alive
(don't get reckt emotionally nor financially) during these difficult transitory times).
Poll
