What percentage would you allocate to bitcoin in your portfolio? Would it be enough to matter? The interesting thing about this, is that in the long run, it might not matter much how much you have, just as long as you have some. I personally don’t care about the difference between being a billionair...

vnatale wrote: ↑Thu Sep 15, 2022 12:27 pm
It is an incongruous sight seeing him set off for his multi-hour walk while smoking a cigarette.

We contain multitudes.

Daily supply gets cut in half in about a month.

https://news.ycombinator.com/item?id=39548458

Are they talking about our PointedStick?

Congrats on the release, PS!

I think gold will still have relevance in the decades to come. I don't see Bitcoin being a threat to gold so much as it is a complement. Gold has long stood alongside silver and copper, as an example. I think Bitcoin and maybe a couple other cryptocurrencies have simply enlarged our set of viable o...

I now think of bitcoin as a company like Visa or PayPal that you can buy directly. Once the dust settles I don't see it being more valuable than the largest companies in the world based on the service it offers. If something else comes along that can provide the service better then it may be reduce...

Xan wrote: ↑Thu Aug 31, 2023 3:32 pm The text of this one is designed to look like it's saying something without saying much. It could be used anywhere that anybody on any message board has brought up Led Fridman.

It does not describe fiat currency. Fiat currency replaces one social consensus mechanism with another. The tradeoff is between a physical commodity that is hard to create (gold) and a theoretical commodity that is easy to create, but backed by the economic output and military strength of the gover...

But is vulnerable to where states with massive data centers might hack a central software server to roll out a virus/bug/feature whereby other states systems are impeded. Maybe something like where a later version of the software contains a 'bug' that is commonly rolled out, but ignored by the atta...

But is vulnerable to where states with massive data centers might hack a central software server to roll out a virus/bug/feature whereby other states systems are impeded. Maybe something like where a later version of the software contains a 'bug' that is commonly rolled out, but ignored by the atta...

But is vulnerable to where states with massive data centers might hack a central software server to roll out a virus/bug/feature whereby other states systems are impeded. Maybe something like where a later version of the software contains a 'bug' that is commonly rolled out, but ignored by the atta...

There is no substitute for gold. It is a physical (yet compact!), indestructible, decentralized bearer instrument of limited supply. Crypto and public (albeit encrypted) ledger will at some point hit a wall where it becomes all too obvious that ledgers are best kept private, or otherwise are at risk...

Thanks Jack. I see how you can pay in cash so as to acquire Btc anonymously, but that you need to record your email, phone number etc. to open a Bisq account, so still not like buying a gold coin in cash anonymously that's then off radar and in your own hands, no counter party risk. And where chanc...

I use Bisq. It is a decentralized, peer-to-peer exchange. There are different payment methods, but I choose to send USPS money orders to strangers in exchange for Bitcoin. They never know my name or address, and neither does the post office since I pay in cash. I've made maybe 20-30 purchases like ...

What were your biggest Permanent Portfolio mistakes? I'll go first. I got into this portfolio earlier in my accumulation phase and considered all of my wealth as, "can't afford to lose." This was sub-optimal from a long term returns perspective. If I could do it over, to start with, I woul...

I use Bisq. It is a decentralized, peer-to-peer exchange. There are different payment methods, but I choose to send USPS money orders to strangers in exchange for Bitcoin. They never know my name or address, and neither does the post office since I pay in cash. I've made maybe 20-30 purchases like t...

All of the dumbasses who think the mighty American military can win wars have not been paying attention. They can win wars if the battles are set up like WW2 battlegrounds. Which will never happen again. The last of the WW2 style battles happened in WW2. Personally I think the next war will be a cy...

There are innumerable charities / nonprofit organizations with lofty goals / mission statements. The challenge for someone donating is to discern which ones are effective in reaching those goals and in an efficient manner, i.e., using the highest percentage of those donated $$$$$ towards the actual...

Why is it so important to support SENS Research Foundation? In short, because all over the world, people and societies are grappling with the diseases and disabilities of aging. The amount of time, money, and energy already being poured into attempts to thwart diseases like Alzheimer’s, cardiovascu...

In any event, I'm not sure why anyone would/should expect a portfolio with 25, 30, or 33% equities to perform as well over the very long term as one with 60 or 70 or 100% equities; the only way that even stands a chance of happening IIRC is if the "low equity allocation portfolio" puts al...

In any event, I'm not sure why anyone would/should expect a portfolio with 25, 30, or 33% equities to perform as well over the very long term as one with 60 or 70 or 100% equities; the only way that even stands a chance of happening IIRC is if the "low equity allocation portfolio" puts al...

If the system collapses (especially with the US as the worlds reserve currency) we’re all fucked no matter the portfolio. Exactly. There's no point in worrying about your financial portfolio in these kinds of scenarios because they will all be wrecked. Even financial portfolios that are more physic...

Dualstow / Mark were the winners. Although I did purchase this bond at auction, it was a re-issue so there was accrued interest after all.

Thanks for the help, all.

I want to set up a stock account for my kids where we auto purchase and manually purchase mostly stocks mostly VTI and reinvest dividends. Index funds are so abstract. I would do this w/ low-risk, household name, securities that pay dividends, e.g. UPS. Low-risk: you want them to see their investme...

In addition to what I wrote above, keep an eye on interest payments. This is the answer. When you purchase the bill/bond/note, you pay the "price" plus any unpaid accrued interest - which rightly belongs to the seller. Would this apply to a bond purchased at auction? Also, Dualstow: inter...