Search found 63 matches

by gaddyslapper007
Wed Oct 20, 2021 11:34 am
Forum: Variable Portfolio Discussion
Topic: China Bans Cryptocurrency Transactions
Replies: 77
Views: 2795

Re: China Bans Cryptocurrency Transactions

Nope…..escape velocity is too great at this point. (There will be more battles….but Bitcoin has already won). You just don’t realize it yet. (Spoiler alert - this isn’t a recent win this happened nearly 5 years ago……it takes time for the main populace to realize this and feel comfortable conforming)...
by gaddyslapper007
Wed Oct 20, 2021 10:44 am
Forum: Variable Portfolio Discussion
Topic: China Bans Cryptocurrency Transactions
Replies: 77
Views: 2795

Re: China Bans Cryptocurrency Transactions

back to the point of this thread........you've just seen what happens when a Government comes down hard on Bitcoin. Money / Wealth is liquidus and flows to path of least resistance...free nations! Who won?...Bitcoin did. (money / wealth goes where its treated best.) Nothing is as powerful as Bitcoin...
by gaddyslapper007
Tue Oct 12, 2021 2:35 pm
Forum: Variable Portfolio Discussion
Topic: China Bans Cryptocurrency Transactions
Replies: 77
Views: 2795

Re: China Bans Cryptocurrency Transactions

Fiat brain washed! “tHeRe iS nO OtHeR WaY, ….HelP mE CenTRal BaNkERs, hELp me GOverNMenT, SaVe Us!” <— the very fallacy’s Harry Browne warned us about in regards to “experts” thinking a galaxy brain can predict the actions of individuals and pull monetary strings to make it “all better” rules ….not ...
by gaddyslapper007
Thu Sep 30, 2021 3:05 pm
Forum: Variable Portfolio Discussion
Topic: China Bans Cryptocurrency Transactions
Replies: 77
Views: 2795

Re: China Bans Cryptocurrency Transactions

not sure why this is all being rehashed....its simple 1. Value lives within peoples imagination. You only accept USD because MOST other people will accept it as having value. (another way of saying this.....Governments (a collective group of people) force you to pay taxes in said currency / money an...
by gaddyslapper007
Wed Sep 08, 2021 5:30 pm
Forum: Variable Portfolio Discussion
Topic: ways to profit from bitcoin crash
Replies: 3
Views: 721

Re: ways to profit from bitcoin crash

Bitcoin is a VOTE for sovereignty….and instead of actually voting for it…..you vote for against it? Quit thinking of BTC as an investment….it is literally a movement to opt into a free money economy and disempower the man……man. ….keep showing up every 4 years checking a box and think you’re making a...
by gaddyslapper007
Wed Aug 25, 2021 8:38 am
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 163
Views: 7237

Re: BTC in the PP

“you get Bitcoin at the price you deserve”. …meaning: you will be punished monetarily if you fall for high intellect catch phrases and ideals ……

Cure: drop everything you “know” and follow the fabric of instinctual knowledge. (Ignore galaxy brain high IQ intelligence….it’s a scam!)
by gaddyslapper007
Tue Aug 24, 2021 3:43 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 163
Views: 7237

Re: BTC in the PP

life hack: Bitcoin is the ultimate PP. (replace gold, replace fiat, replace stonks, replace government debt, no rebalance needed!).

Note: this post submitted 8-10 years in the future…..where it’s glaringly obvious.
by gaddyslapper007
Fri Aug 20, 2021 3:58 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 163
Views: 7237

Re: BTC in the PP

Maybe I was vague originally…..yes “time value of money” is a human preference weighted in time / opportunity cost. What I should have stated is that the “rule” of a dollar today is worth more than a dollar tomorrow is a symptom of a fiat economy. (Not a law of nature / applicable to all forms of mo...
by gaddyslapper007
Fri Aug 20, 2021 2:43 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 163
Views: 7237

Re: BTC in the PP

Time value of money is a fiat concept. It does not exist as a law of nature….only in a fiat economy. In all honesty I’m not against the fiat economy….to me, hold debt in fiat and wealth in BTC. It’s the perfect recipe! Time value of money is a human fact and has nothing to do with fiat, its directl...
by gaddyslapper007
Fri Aug 20, 2021 12:50 pm
Forum: Politics
Topic: Are Republicans the "Anti" Party of Opposition?
Replies: 8
Views: 481

Re: Are Republicans the "Anti" Party of Opposition?

Agree…..the statement “If voting made a difference it would be illegal” is manifesting truer and truer. Should be socially acceptable to not comprise your integrity and pick the lesser of two evils.
by gaddyslapper007
Fri Aug 20, 2021 8:56 am
Forum: Politics
Topic: Are Republicans the "Anti" Party of Opposition?
Replies: 8
Views: 481

Re: Are Republicans the "Anti" Party of Opposition?

comments / questions from a Texas man who is around 90% republicans. Liberals want gays to have right to marry. Republicans anti-gay marriage! - Do you know Republican's in your life that believe this?...or just repeating a liberal media mantra? Liberals want women to have right to choose to get an ...
by gaddyslapper007
Fri Aug 13, 2021 6:33 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 163
Views: 7237

Re: BTC in the PP

“...There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold.” -Greenspan (1966) This is what Bitcoin aims to do. Store energy / labor spent in the form of money through time. Time value of money is a fiat concept. It does...
by gaddyslapper007
Fri Aug 13, 2021 1:55 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 163
Views: 7237

Re: BTC in the PP

https://www.youtube.com/channel/UCL_f53ZEJxp8TtlOkHwMV9Q 1:09 is where they specifically deal with the energy question. It’s an interesting talk but I’m not sure I agree with a lot of the points on economics. In regards to economics.....In a way we are so used to the Fiat world its hard to really t...
by gaddyslapper007
Thu Aug 12, 2021 3:41 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 163
Views: 7237

Re: BTC in the PP

"The world produces 160,000 TWh every year. 50,000 TWh is wasted.....Bitcoin uses 120 TWh."

https://twitter.com/BTC_Archive/status/ ... 4950752260
by gaddyslapper007
Wed May 12, 2021 2:21 pm
Forum: Other Discussions
Topic: Bitcoin mining
Replies: 7
Views: 394

Re: Bitcoin mining

"The world produces 160,000 TWh every year. 50,000 TWh is wasted.....Bitcoin uses 120 TWh."

https://twitter.com/BTC_Archive/status/ ... 4950752260
by gaddyslapper007
Thu Apr 29, 2021 11:12 am
Forum: Gold
Topic: Why isn't gold moving?
Replies: 74
Views: 8344

Re: Why isn't gold moving?

The inflation is flowing into commodities we need (like oil, lumber & copper), assets the government supports (sovereign, corporate, & residential debt), & rapidly growing technology that is reshaping our world (FAANG, #Bitcoin). Gold & silver don't check any of these boxes. - Michael Saylor https:/...
by gaddyslapper007
Mon Mar 15, 2021 2:29 pm
Forum: Permanent Portfolio Discussion
Topic: Bitcoin as a complement or alternative to gold in the PP
Replies: 200
Views: 18169

Re: Bitcoin as a complement or alternative to gold in the PP

I was wrong.....~60,000 people polled: Investors reallocating capital into BTC instead of “X” Stocks 49% Bonds 10% Gold 22% Property 19% Here's how big these buckets are: Stocks $80T Bonds $100T Gold $10T Real Estate $200T+ Source: https://twitter.com/michael_saylor/status/1371155821837553671?s=21
by gaddyslapper007
Sun Mar 14, 2021 11:35 am
Forum: Permanent Portfolio Discussion
Topic: Bitcoin as a complement or alternative to gold in the PP
Replies: 200
Views: 18169

Re: Bitcoin as a complement or alternative to gold in the PP

Good to see this forum moving (even if slightly) to the concept holding a portion of BTC within PP. I’ve been dwelling on this nearly 7yrs....and want help! Addressing the topic of the thread..my initial thoughts were that BTC would eventually (- 20yrs) assume a nice of role of 20% taking 5% from ea...
by gaddyslapper007
Thu Mar 05, 2020 12:37 pm
Forum: Cash
Topic: China Govt Digital Currency
Replies: 15
Views: 5711

Re: China Govt Digital Currency

A government digital currency is inevitable and the invention of Bitcoin probably expedited this.....from a government standpoint its perfect....tracing and taxing every penny sent, controlling the supply, freezing user accounts, .....its a government god send. for bitcoin....The question arises.......
by gaddyslapper007
Fri Jun 21, 2019 1:06 pm
Forum: Gold
Topic: Rethinking the Permanent Portfolio
Replies: 58
Views: 19055

Re: Rethinking the Permanent Portfolio

dualstow wrote:
Fri Jun 21, 2019 8:47 am
Didn’t Harry brush aside worries of gold price manipulation?
I haven’t listened to the Money Talk archives in a few years, but I think so.
yes he did. from what I recall...something along the lines of too large of a market / too many people to influence to hold the manipulation.