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FreeYoda
Member since: 2024-12-27
FreeYoda
FreeYoda 1d

Why do you talk about "purchasing power" power for the Yen, but "real value" for the Dollar. It seems you want to differentiate on purpose but in that case I'm not sure what you hint at .

FreeYoda
FreeYoda 3d

Most people are wired weird.. A monthly bet to win the lottery can easily turn into a devastating addiction. We love people promising all good and will keep on voting on the next one, absolutely convinced this time things will change. We are so stupid we like to believe it is fair to rob the rich and give it to the poor. Even better the pure fantasy stories: We are just gonne give everybody money for free. And when you ask where that money is comming from they even will reply (printing, from the rich, from the big companies, and latest dream AI and robots will do everything for us). If that last option would be realised..., do you really believe those in power are gonne share all wealth.. That everybody can do what they want all day for the rest of their life..... Really ?????

FreeYoda
FreeYoda 3d

Funny stuff. People live in a world where everything just seem to work and is readily avaible to THEM. The system works but is pretty easy to disrupt. Natural causes is one, but bad intentions is not just getting more likely but probably more devastating as well. Let only people want to see that the fiat system is designed to implode at some time and what that would mean..... Humanity is on a bike going downhill fast. The brakes failed and the valley is far far way down. Big old trees, huge bolders and cliffs or all that flash by. Just dropping to the ground as last effort hasn't been an option since some time ago...., building up speed..... What do we do.......

FreeYoda
FreeYoda 3d

"Won't happen overnight" The only 'flaw' I found so far 😇

FreeYoda
FreeYoda 5d

But no rulers makes order not easy. The biggest problem with most current Governments is that they have become the biggest present danger to my freedom and wealth. Not sure if humanity is ready any time soon to solve those issues ?

FreeYoda
FreeYoda 10h

Not to mention operation systems, computers, phones... "You can't breathe air CRIMINALS use it too !!!!"

FreeYoda
FreeYoda 5d

The blockchain is factually a very slow database and extreme cumbersome way to store data. For most applications we have way faster and better solutions available. But that one strange exception, MONEY.. But that money happens to be a cornerstone of current society and is one of the things that can enable freedom if it has the right properties or disable freedom if it has the wrong properties.... It is not easy to come to this insight (as is clear from the slow adoption by most). And that is why education is of most importance.....

FreeYoda
FreeYoda 10h

"What bullshit that you're on the hook if you know criminals (or even a single criminal) are using your software." Imagine they would unleash this thinking and apply it to the fiat system, politics etc..........

FreeYoda
FreeYoda 5d

And I fully agree point 4..... Small communities are the way to go. It is needed as a society needs aligned people to function properly, they must adhere the same values and norms. It will also prevent too big power concentrations that sooner or later attracts the wrong people and too big concentrations makes stopping them almost impossible as we can see right now. Yes I realize it also will put a huge limit on many of currently available technologies and luxuries. But I tend to think those are just wants and not needs. And what can the earth support long term ? Let's be honest ? In these modern times the average couple both work, and a lot do more than 40 hours a week each... And what did it bring us ? Most of all productivity gains go to the few. Most jobs are very little satisfying and even less contributing to the local community. The individualism has made many 'independent' but also most utterly unhappy.

FreeYoda
FreeYoda 10h

Most people still seem to believe governments banks etc. So the "Bitcoin is a risk" is still willingly accepted. Perhaps the inevitable crash will make a substantial part relook at Bitcoin ? If the smart people are in there just isn't enough smartness to be able to save mankind 😇 Companies ? There are just a few hundred "in" and of that few hundred just one of them holding by FAR the most Bitcoin.... Bitcoin is a gift. If we are worth it is still a very big doubt....

FreeYoda
FreeYoda 5d

Most underestimate the impact of fiat. Unfair money creates unfair behavior.

FreeYoda
FreeYoda 10h

All people have to see is inflation being higher than that amazing 5% guaranteed return.. Not to mention fiat at the bank isn't yours and if you want it back you better have the right story and be lucky enough you actually get it back.. In most of Europe that 5% return is seen as income and taxed, making your below inflation return even more miserable. I can go on but most can't see it so me telling them won't change much and I know they aren't even reading this....

FreeYoda
FreeYoda 5d

Future historians will have one question: How could such an obvious ponzi fooled so many for so long..

FreeYoda
FreeYoda 1d

They waiting line was that long that I skipped it........

FreeYoda
FreeYoda 5d

I think we have already left little; privacy, due process, right to assembly, free speech, things that are truly ours like properties should be, etc. CBDC are to enable the last steps into a total dystopian society. Make no illusions about that.

FreeYoda
FreeYoda 1d

I used to think this way for some 20 years..... I thought at some point they won't accept the political abuse. Won't accept higher taxes. Won't accept higher or longer inflation. Won't accept less freedom. And so on and so on.... Than covid came along and I basically gave up on any critical thinking of most....... Only a "smack in the face" works, and it has to be pretty hard for most. We had a year, in Europe, where inflation was far above 10%, there was some complaining that was all...... The critical mass I mention above won't be the sheeps... It will be the smart ones that will push Bitcoin over that MC. The masses will watch in disbelief, then scream and shout that it ain't fair demand all kind of bullshit.... Don't ever think such a big change will be fun. It will be extremely painfull.....

FreeYoda
FreeYoda 1d

I tend to think a critical mass will start giving #Bitcoin the attention it deserves when the Bitcoin Market Capitalization will equal/surpass the Gold MC... That would be ~ $1.5Million a Bitcoin today 👀

#Bitcoin
FreeYoda
FreeYoda 1d

Fair enough...

FreeYoda
FreeYoda 1d

I think you should study statistics a bit more....

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