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Cake day: dez 30, 2021

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They are just making propaganda to try to convince people to invest in their terrible company.






Free software. This forum must be renamed.



In Russia, they can’t take it down. Plus, it’s not illegal there to pirate content from «unfriendly nations».









You cat submit the websites you want them to index. You can also install it on your server, see Build Your Own Search Engine.




¡Se puede descargar con youtube-dl! <3



Edit: ignore this. I got it completely wrong.

Why? I think you’re right.


Smoking is bad for your health



know

I don’t know, but GNU/Linux desktop OS market share in Russia has grown from 2,42 % (June) to 2,8 % (September), according to StatCounter.



fiat money has its value in the economy of the issuing country. “The more people use it” can’t magically form a backing, so it is backed fully on faith. If that faith ever falters, it will collapse.

If no one trusts the fiat money it has no value, no matter how big the economy. Remember German money before WW2? If nobody believes the currency has value, it’s worthless. It’s worth a thing because people have faith in the government. If that faith ever falters, it will collapse.

Ok, you don’t get how a Ponzi scheme works.

US Dollars are Created by a Debt-Based Pyramid Scheme, Fronted by an Investment-Based Ponzi Scheme With Extra Steps. Is the Fed running a Ponzi scheme?

It’s… questionable and his books have been criticized as full of nonsense.

Well, I’ve read some of them, and they aren’t full of nonsense.

As for his net worth, he’s sold 30 million books and I’m sure does other things. Of course he has bundles of money. Doesn’t mean that he has good advice.

If he’s made and kept more money than you, maybe he manages money better than you. What’s your net worth? I mean, it’s easy to speak…

Then a month later, the market recovered and I had gained again.

You’re being faithful, man. Markets can take decades to recover, just like it happened to the Japanese market.

The critical problem was that they issued money to pay massive war debts without a corresponding economy to back it.

COVID money print, Ukraine war…


good

Crypto is a network of computers working together to support a network, transactions, electricity, Internet connections, it’s not simply an entry on a blockchain. Rare metals are mostly valuable because they are scarce. Same with crypto. Of course, if the crypto doesn’t provide any value, it’s useless, many cryptos are useless speculative shit, a little part of them provide something valuable. Gold and silver also have some industry uses, but mostly they are and were valuable because they were scarce.

Gold’s value is ultimately a social construction: it is valuable because we all agree it has been and will be in the future. The same with crypto.


Could you explain the relevance? Neither crypto nor fiat currency rely on the currency being made of a commodity metal.

People keep gold and crypto (“good money”), because they maintain their value, and people spend euros, dollar, etc. (“bad money”), because they keep losing value. But crypto has another advantage, you can transfer money very easily without a banking system, without sanctions from US freezing your money, like it happened with to Russian people keeping money “safe” in a bank account.

You can more easily store a simple crypto wallet that doesn’t take as much space as gold.


It’s also way better than how Bitcoin has fared, having lost 50% of its value against the dollar between July 6 and 18 alone. In total, that’s a long slide from 64k USD on November 12, 2021 to 18k USD today. Monero shows no signs of being different.

Last 5 year Monero growth relative to the dollar: 142.28 USD +48.05 (+50.74%). Of course, if you only focus on the bubbles… In short, Monero is becoming more valuable than the dollar… Bitcoin (+227.92%) last five years, but I wouldn’t bet on Bitcoin. I think Bitcoin is overvalued. I recommend this video to understand why the dollar will lose lots of value in the not so distant future.

This is the problem. It is based on a breath of wind. No one backs it, no one attempts to maintain it. It’s based entirely on feelings. If people feel less than confident that the currency will maintain value, POP, the bubble bursts, and no more value.

OK, you don’t get how blockchain works. Miners and servers all around the world maintain the network. The more people use it, the more valuable and resilient it is. The dollar is not backed by any commodity like gold or silver, it’s fiat money.

This is what happened to the Deutsche mark, backed by Germany.

The future of US dollar

The US Ponzi scheme is not immune to this, specially without oil to back the value of the dollar…

That man can talk a big game about Wall Street conspiracies, but he really has no idea what he’s doing.

LOL, that man is Robert Kiyosaki has a net worth of $100 million and teaches financial education. You don’t get that rich by luck.

Put your retirement money into a Vanguard fund over the course of a few decades and it will grow dependably.

Stock market’s fall has wiped out $3 trillion in retirement savings this year. Those people lost money… If they need to retire the money now, they’ve lost money. Also add that loss to the current huge inflation loss…


They don’t, and there isn’t huge inflation.

Not huge? “They observed that in November 2021 inflation for durable goods was 14.9%, compared to 10.7% for consumable goods and just 3.8% for services in the United States”. There is even a Wikipedia article.

We can’t tell what the future of the US dollar will bring, but its success will likely be tied to the US economy as a whole.

Then it won’t have a bright future.

There are no economies based on a cryptocurrency. You can’t go out and buy a car. People don’t typically get paid. It’s just too volatile.

Of course not, “Bad money drives out good”.

Okay, then what are they backed by?

Math, people using it, value it provides (for example, with Monero I can buy weapons without revealing my identity, transfer money between to and from sanctioned countries, move money online without paying taxes…), its scarcity. Personally, I trust bitcoin more than I trust the government #shorts". Also gold and silver are a good store of value. But, of course, there are many bullshit cryptocurrencies that don’t provide any significant value.


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