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  #11  
Old 03-30-2022, 06:39 PM
robayon robayon is offline
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Originally Posted by Smoofers [You must be logged in to view images. Log in or Register.]
I suppose we'd have to rely on the other hemisphere of the earth's computers
let's hope the solar flare lashes the planetary north so that the global south can finally have all of us spoiled brats by the balls
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  #12  
Old 03-30-2022, 07:12 PM
Mblake1981 Mblake1981 is offline
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Can't wait for my golden parachute.
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  #13  
Old 03-30-2022, 07:14 PM
Gustoo Gustoo is online now
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I just don't really see why you would put real money into BTC as a hedge against inflation instead of buying actual gold, which has tremendous functional manufacturing value and is a classical currency due to the high cost of extracting it from the earth.

So while you can't really go wrong with buring your money in Gold, there are some risks to Bit Coin.

I'm making this argument considering the arguments I've seen in favor of BTC.
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  #14  
Old 03-30-2022, 07:22 PM
Nocht Nocht is offline
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Originally Posted by Smoofers [You must be logged in to view images. Log in or Register.]
I suppose we'd have to rely on the other hemisphere of the earth's computers
Pretty sure if we got hit with a solar fart that was strong enough to blow our magnetosphere away and trigger an emp that it would be world wide.

But in the event that we only lose half the planet's electronics to an emp it will be amusing watching all you guys travel to Antarctica to cash in on your doge coins.
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  #15  
Old 03-30-2022, 08:18 PM
Patriam1066 Patriam1066 is offline
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Quote:
Originally Posted by Gustoo [You must be logged in to view images. Log in or Register.]
I just don't really see why you would put real money into BTC as a hedge against inflation instead of buying actual gold, which has tremendous functional manufacturing value and is a classical currency due to the high cost of extracting it from the earth.

So while you can't really go wrong with buring your money in Gold, there are some risks to Bit Coin.

I'm making this argument considering the arguments I've seen in favor of BTC.
These people have no money or physical assets to hold gold and they’re hoping to get rich and stop working at arbys
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  #16  
Old 03-30-2022, 10:51 PM
zati zati is offline
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Quote:
Originally Posted by Gustoo [You must be logged in to view images. Log in or Register.]
I just don't really see why you would put real money into BTC as a hedge against inflation instead of buying actual gold, which has tremendous functional manufacturing value and is a classical currency due to the high cost of extracting it from the earth.

So while you can't really go wrong with buring your money in Gold, there are some risks to Bit Coin.

I'm making this argument considering the arguments I've seen in favor of BTC.
Real money is btc

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Originally Posted by Nocht [You must be logged in to view images. Log in or Register.]
Pretty sure if we got hit with a solar fart that was strong enough to blow our magnetosphere away and trigger an emp that it would be world wide.

But in the event that we only lose half the planet's electronics to an emp it will be amusing watching all you guys travel to Antarctica to cash in on your doge coins.
We're closer to mining asteroids than the sun is to knocking out electricity on earth. Just like the internet had that Y2K nonsense you'll believe all crypto isn't safe because of outside environmental occurrences?

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Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]
These people have no money or physical assets to hold gold and they’re hoping to get rich and stop working at arbys
It takes money to hold btc and real physical asset to mine them. It isn't just sitting in a vault acquiring dust and some dude behind a printer.
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  #17  
Old 03-30-2022, 11:11 PM
Jibartik Jibartik is offline
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Actual hedges against our coming inflation:

Gold in gram sized bars. ...
Honey. ...
Uncooked rice can last 30 years. ...
Peanut butter needs no refrigeration. ...
Alcohol won't perish easily. ...
Dried beans last indefinitely. ...
Energy bars are a must. ...
Certain types of candy can last up to a year. ...

Hope this helps.
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  #18  
Old 03-30-2022, 11:22 PM
unsunghero unsunghero is offline
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Have to finish paying off credit card debt before investing in anything still. It would take an incredible rate of return to trump the rate of interest on my debt [You must be logged in to view images. Log in or Register.]
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  #19  
Old 03-31-2022, 12:09 AM
Patriam1066 Patriam1066 is offline
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Originally Posted by unsunghero [You must be logged in to view images. Log in or Register.]
Have to finish paying off credit card debt before investing in anything still. It would take an incredible rate of return to trump the rate of interest on my debt [You must be logged in to view images. Log in or Register.]
That’s the wise choice. However, fund your 401k or at least an IRA
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  #20  
Old 03-31-2022, 12:10 AM
Patriam1066 Patriam1066 is offline
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Quote:
Originally Posted by zati [You must be logged in to view images. Log in or Register.]
Real money is btc



We're closer to mining asteroids than the sun is to knocking out electricity on earth. Just like the internet had that Y2K nonsense you'll believe all crypto isn't safe because of outside environmental occurrences?


It takes money to hold btc and real physical asset to mine them. It isn't just sitting in a vault acquiring dust and some dude behind a printer.
You guys are all hoping to get rich. It isn’t about retirement or a hedge against inflation. Everyone younger than 40 despises work. Your grip is as weak as your constitution
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