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Satoshi

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Everything posted by Satoshi

  1. Two excerpts from pg 28-29 Not sure why y’all are arguing this.
  2. I don’t think I need more info. A policy that involves concentration of all the cash of Americans into Fed accounts where they can be debited is a nonstarter. I don’t care what high interest they claim will be offered. That is central planning on steroids. No surprise that a communist is proposing it.
  3. I agree with Eddie. Now that he’s in, suggest he dollar cost average in a little each week or month or whatever.
  4. They would debit your FedAccount. That is removing money from it. This isn’t complicated. Did you watch the video? She explicitly talks about the political feasibility of the Fed taking money out of people’s accounts.
  5. I’m familiar with fractional reserve banking. The bank where you chose to deposit your money then lending it out is a different planet than everybody’s money has to be with the Fed and it can be confiscated.
  6. Sorry I didn’t mean to imply I was talking about one coin or another. Just that shitcoins can dump harder and ENS has. It’s just a term. Most traders that like them call them shitcoins as well. Don’t take it personally.
  7. This communist is having a Senate Banking committee hearing today. I really can’t believe she’s gotten this far. A reminder of one of her most egregious positions. A dangerous person. Found some nice video of her espousing this nonsense.
  8. This is why I always tell people when they first jump in to only put in what they can afford to lose, and to only buy BTC or Eth knowing you’re going to hold for a longer period. Having the first buy be a shitcoin that dumps hard is not how you want to start.
  9. I would wait until you’re required to get one.
  10. Environmental FUD can and should be discussed here. Also, different attack vectors are a topic extremely relevant to BTC/crypto. State attacks are a known threat. We’re all adults here and almost nobody on CR cares about the different consensus mechanisms between different currencies or why government entities would prefer one over the other. The people that care to discuss those topics will be here. as for price, a lot of people waiting for 53k to buy some, makes me think we don’t get there
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