Crypto lounge thread

Blade Runner

Pelican
one of these guys on the bandwagon of "oh the elites have screwed us, let's do anything and everything to make a buck", correct?
Not at all. Since when have we ever been offered an alternative to a non manipulated, sound money? Only now. that's my point. And you're psyching yourself out about it. Everything in our country already has been undermined, don't you get it? Family, women, money, the churches, etc.

Yes, I do have a solution, localism and preferably, peaceful secession. The only way this changes is a proper reset. Not a globalist one, which has its hands in creating the current fall anyway; I'm not sticking it to them, the machine and the game is over. It's just countdown time and seeing who gets what when we have to turn it all over.
 

CERN

Pigeon
I'm not sticking it to them, the machine and the game is over. It's just countdown time and seeing who gets what when we have to turn it all over.
Spoken like a true fatalist. "Oh I'm done, let's just throw in the towel."

Since when have we ever been offered an alternative to a non manipulated, sound money?
Non manipulated? Hahaha. Musk buys $1.5 billion of Bitcoin and you think it's non manipulated. Delusional.

Everything in our country already has been undermined, don't you get it?
Does that include crypto too? Everything means everything after all. Your doublespeak is nonsensical. It's non manipulated, BUT everything is also undermined? It can't be both. If your blind to cyrpto being used against you then I don't know what to tell ya man. It seems pretty obvious if you ask me.

"The only way this changes is a proper reset." ? Ahhh I see. So we have to do everything based on your rules? How do you define such a thing? Hmm..secession might work, but what are we going to use? Musk's crypto? Or just create a new currency right, are you gunna be the one to do that? As if it's going to just spawn itself.

Here's the deal man, I generally agree with what your saying, but your fatalism is ultimately not grounded in reality. Rather than working with what you already have (assuming your in the U.S.) we need to realter the laws, that's the best we as individuals can do.

"It's just countdown time and seeing who gets what when we have to turn it all over." ? No clue what you're referring too here, what do you mean after potentially hyper inflaiton? By that time the idea of secession is long long gone and you'll be plugged into your imaginary digital dollar.

We all want freedom, it's found through using the same means to the end, using the same currency. I don't think that is ideal, but your alternatives are lacking. We have to actually work with what we already have, not thinking youre going to start some new imagination nation which you have no clue how it would actually operate. If you can't fix this current problem, what makes you think you can find the solution for any new country that's any better?
 
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Having a USB stick with a few thousand bucks on it I know I can use if the world falls apart helps me sleep more easily at night.

It’s too difficult to evaluate the morality or even ultimate impact of something like Bitcoin.
 

Beirut

Pelican
The inherent value of crypto that Buffet misses is a decentralized network on which you can build basically anything. I’m not a techie but from what I understand even bitcoin you can build on top of it pretty much anything. A secure decentralized network on which you can build decentralized finance, exchanges, gaming shit, etc...

I’d rather bank on that than in a traditional bank where a dude can rip you off

The potential is huge.

Now whether the powers will just sit back and let it happen, is another issue
 

CERN

Pigeon
A secure decentralized network on which you can build decentralized finance
It's a good point, but you can't run an entire nations econ on a few thousand servers, you'de need a massive infrastructure. And maybe that's not what you have in mind, but if you're going to be focusing on decentrailized finance that's probably going to require some heavy lifting. A server is only as 'secure' as the people operating it. End-to-End Encryption, zero access to user data, open source cryptography etc. Those are all good things, but you're still bound by certain government laws unless you live in someplace like Switzerland or your going to make yourself your own country. However I'm not sure on the legality behind building decentralized finance, it doesn't seem very feasible or realistic in the shorterm, but maybe longterm, I dunno.

My initial point was, at least in the U.S. that is, changing specific government policies would be incredibly beneficial, and wouldn't require what many on the right want, which is secession (i.e. the withdrawal of a part of the nation). Secession might happen at some point, I suspect the political elite will do everything they can to ensure it doesn't (or the reverse might be the case, they might do everything they can to propel it), but realistically secession in the U.S. at least seems unpractical at this point in time for the simple reason the infastructure doesn't exist to do so. The entire political ideoloigcal framework in doing so is nonexistent as well, unless in the process they decide to retain the original framework of the republic which I'm not sure how benefical that would actually be.

Regardless the world is hyper connected already as it is and so thinking a group of states is going to disband at some point, while not impossible, is and would be incredibly difficult. The political right would be better off not abandoning the entire framework and country and would benfit more from a longterm approach. The left and progressives own the media ok, so the only way to actually beat them at their game is to forgo media in favor of a practical outreach in local environments. In other words let the left have the media and focus on the real world application of restructuring the nation from the inside out. Cities will always, now and forever, be ultra 'progressive'. Cities have always throughout human history been hotbeds of the most corrupt and shadiest of individuals. The focus doesn't need to be on them, it needs to be on everything inbetween and re-establishing the framework from the inside out.

Point is the political right runs the U.S., 'runs' it as in they are the backbone of the entire infrastructure for the most part, they keep the gears running. The right should leave the left to eat itself alive and focus on the entire country (not secession, though if they wanna go that route it might be the only way). The right needs to rebuild the 'republic' within itself from the inside out. How is this done? There's actually a few major key political ways this can be accomplished, but regardless I think handing over the country to the progressives simply because they own the brainwashing factories isn't a good reason. The right doesn't need to brainwash, nor do they want too (generally speaking, forget major media they're way too far gone) but they will probably need some sort of media at some point. I'm not entirely sure how they can pull off taking back the U.S. from a government which appaers to fabricate election results competly and totally, but I think there are probably a few key ways in doing so.

By the way, the progressives thrive off of discord and disharmony, it's ultimately what they want. So they want the right to be as disgruntled as possible and to break away (possibly). The only reason I can see them not wanting secession is that they need workers, the left is lazy, they aren't going to keep the gears turning, they need the right to do it for them, that's to the rights advantage if they know how to mobilize it correclty.) That's what they want ok, they want to fracture the country, at very least on the surface. I say it's smarter if men just grow a pair and not put up with p.c. culture anymore and while they're at it get off the internet and actually start reshaping your local community to the best of your ability. I realize it's easier said than done and sounds like a fools errand but you need to focus as local as possible, start at home first and foremost. There's different mindsets on this in the U.S. obviously ok, and I'm just one among many, but I don't like the fact that the right is so eager and willing to just cave in and hand the entire country over to the progressives when they actually make up a miniorty and really only exist in large cities.

They own the media so they've drawn a narrative that they want the right to play into, but to just hand it over to them is not the right move. The right needs to basically find a way which is outside of media control which will galvanize individuals. Secession seems like the easy answer because it brings all of the like minded people together, but again, the vast majority of the U.S. isn't as insanely progressive as the media would have you believe. In major cities they are, but eveyrwhere else not at all. And so what the right really needs to do is basically find an alternative to 'media' yet something similar at th esame time. This is probably wishful thinking, but I still think it's highly unwise to hand the country over. "Oh, we've already lost! Look at the rigged election! The rich own everything! Etc." Welcome to reality. It's always been that way. Because of human sin wealth always becomes centralized and so the way out is by not supporting corrupt buisnesses.

They live based on your dollars and views so don't give it to them. And I'm probably preaching to the wrong group here, this is the crypto thread afterall, but this group of inidivudals highly prizes their freedoms, as they should, there's nothing wrong with that, but 'freedom' isn't simply doing anything you want either ok, so libertarians and freedom fighters need to realize that at a certain point that the American dream of 'freedom' has it's own restrictions of sorts. Doing anything you want is called anarchy, not freedom. And so there's a healthy realistic balance which takes place. One believes less government will always allow more freedoms but thats not always true. Even though you may be 'free' many many Americans, and many many people worldwide are slaves to consumer culutre. This doesn't mean abandon all production though, it means reorientating where real priorities lie. People still need jobs, they still need to work.

The solution will always be to make yourself as local as possible and start first in your own homes, thinking global is almost always a receipt for disaster and isn't for everyone to decide. There's millions of people without work, technology has made us more efficient but has destroyed the workforce. Men are happier when they have a living wage, which allows them to then make families, and grow etc. By having technology do everything for us we've lost honest labor in the process in the West. I want factories and to use technology, but if it's at the expense of labor and having meaningul work then it's inhuman and takes away from humanity. Again, anti trust regulations solve an enormous amount of problems. Suddenly when big buisness is no longer allowed to mass distribute and monopoloize communities the communities can actually start building their own small buisnesses, rigth now we have the exact literal opposite going on, which is the main problem.

Why are we letting this happen:

Bill Gates owns 242,000 acres of farmland, making him America's biggest private-farmland owner, according to a new report​

You could claim this is capitalism at it's worst, which is sort of what I think it is, but at the same time the entire narrative has been destroyed. What do I mean? I mean land should be literally free and for everyone, yes, it sounds socialist and commie and it's one of the few things I think of in global terms, but no different than water and air everyone needs it. When you allow uninterrupted captialism you end up with Bill Gates buying up the entire world, literally. One of the few things which everyone should be allowed is a few acres of land. It sounds commie, but that's only because the narrative has been butchered and because the West has been programmed to think you aren't allowed anything as a 'natural right'. Regardless that's a different topic entirely and pretty complex but the point here is it's a balance.

You can't have captialism going bananas like this and allowing a few people to own literally everything on earth, it's retarded and literally no one wants it. I'm fine with people 'earning' more land and buying what they want, the free-market is 'fine' in that regards, yet we have to be realistic again. Gates buying all of this land is insanely unrealistic. He's making us into cattle. The way around this: anti-trust regulations*** How many times do I have to say it? And if the right simply caves into the political left and lets them have the country you're basically forfeiting everything over to Gates Bezos and Musk, which is not a smart move.

The right needs to stop being media slaves, take real world action in the political sphere mostly by not letting them treat us like cattle. What Gates has done here shouldn't be allowed in my opinion. 200,000+ acres is pretty insane. The United States has more than 2.4 billion acres of total area (land and water). To give you an idea, Rhode Island is about 988,000 acres, which is roughly 0.04% of the U.S. So it's not very much on the surface, but the U.S. population is a bit over 300,000,000 so for one person to own that much is fairly crazy statsicially, but hey that's democracy and the freemarket, which is kind of an illusion of control ultimately but that's another different thread altogether. Anyways is what it is, we have to work with what we have and because it is a 'democracy' that means we have to basically change laws for the better, that's the main option on the table. Waiting for the 'collapse' isn't an option because that's a lose-lose and no one wins then.
 
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CERN

Pigeon
Considering the worst cases, it could be the difference between going to camps vs. buying your way out, being forced to take the vaccine vs. not, etc. Make no mistake the worst is coming. What tools you'll have to survive is the only question.
Live by all means possble, fight to survive, live to fight another day? You paint such a bright rose coloured future. We all know the situation is bad, but you might want to consider, oh I dunno, maybe stop taking the daily blackpill. There is such a thing as faith and an afterlife. If your one of these guys digging out a bunker waiting for bombs to drop then I'm sorry to hear that. The world has problems, that's just reality. 'Going to camps' could maybe happen, it's not out of the picture, but with men sitting back and never doing anything and bunkering in trying to save thesmelves is the opposite approach.

"What tools you'll have to survive is the only question"? Where the heck do you live? If you're in Myanmar right now or in Xinjiang or North Korea than I understand and hear you loud and clear. But if your in the U.S. and you're bunkering down your no good to anyone but yourself. The U.S. is currently experiencing pseduo-warfare via massive media manipulation and there's massive brainwashing divide and conquer going on, but the problems are mostly social psychological warfare at the moment. If you're hunkering down then your part of the problem because we need as many good men as we can get rather than this hoard of dudes who want to drop out of society and mine musks crypto all day long.
 
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BillMcNeal

Sparrow
Live by all means possble, fight to survive, live to fight another day? You paint such a bright rose coloured future. We all know the situation is bad, but you might want to consider, oh I dunno, maybe stop taking the daily blackpill. There is such a thing as faith and an afterlife. If your one of these guys digging out a bunker waiting for bombs to drop then I'm sorry to hear that. The world has problems, that's just reality. 'Going to camps' could maybe happen, it's not out of the picture, but with men sitting back and never doing anything and bunkering in trying to save thesmelves is the opposite approach.

"What tools you'll have to survive is the only question"? Where the heck do you live? If you're in Myanmar right now or in Xinjiang or North Korea than I understand and hear you loud and clear. But if your in the U.S. and you're bunkering down your no good to anyone but yourself. The U.S. is currently experiencing pseduo-warfare via massive media manipulation and there's massive brainwashing divide and conquer going on, but the problems are mostly social psychological warfare at the moment. If you're hunkering down then your part of the problem because we need as many good men as we can get rather than this hoard of dudes who want to drop out of society and mine musks crypto all day long.
Well, I'm not going to get into further discussion on this, as our perspectives obviously differ. Quite frankly I pray every day and if anything I've been more at peace with Biden in office than with Trump - not that Biden's better, just that I've accepted Christ much more.

As for what you're doing in this thread, I think your point has been made. You're likely not persuading anyone, and are borderline talking down to people at this point, so i'll just pick up this thread down the road. God bless.
 

CERN

Pigeon
I'm not going to get into further discussion on this, as our perspectives obviously differ
Maybe, but realize were already sort of in 'camps' so to speak ok. So your concerns are valid and not empty concerns here and everyone's fighting a personal battle in different ways. were all in the same boat together here unless youre a multimillionare oligarch trolling Roosh's Forum, which odds are low, but who knows. Regardless your not wrong to wanna live to fight another day, but also realize if we all bunker in that's not realistic solution unless there marching people off to death camps, which were not at that point yet. They have everyone more than complacent and plugged into the zombie hivemind, they don't need 'camps', yet. So, again, your concerns are valid, but not justified at the moment is all I'm sayin'. As for the faith question, that's the most important one, so get good with God, then you can go fight the good fight.
 
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CERN

Pigeon
Don't buy bitcoin guys you'll inflate the dollar!!!!
Lol as if that has any effect and compared to the jews printing trillions of it for themselves and their gang.
The point, which you missed it by the way, was that the banks will use crypto as an excuse to transition to digital dollar. Crypto alone isn't going to cause hyper inflation, but it's one more step in the wrong direction. At least with the dollar there's some enforceable legality behind it to some extent, and believe me the rest of the world know's it has value, can't say the same for your precious slavecoin. At the end of the day people have to realistically work within the framework handed us. If you want to start your own bank and create a new currency go right ahead man, but crypto is the oligarchs, not the everymans. You've been fed a lie.
 
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BillMcNeal

Sparrow
Maybe, but realize were already sort of in 'camps' so to speak ok. So your concerns are valid and not empty concerns here and everyone's fighting a personal battle in different ways. were all in the same boat together here unless youre a multimillionare olgiarch trolling Roosh's Forum, which odds are low, but who knows. Regardless your not wrong to wanna live to fight another day, but also realize if we all bunker in that's not realistic solution unless there marching people off to death camps, which were not at that point yet. They have everyone more than complacent and plugged into the zombie hivemind, they don't need 'camps', yet. So, again, your concerns are valid, but not justified at the moment is all I'm sayin'. As for the faith question, that's the most important one, so get good with God, then you can go fight the good fight.
Fair enough, and you're right. If anything the vaccine uptake has been shockingly low, maybe in the 20% range (see https://www.nytimes.com/interactive/2020/us/covid-19-vaccine-doses.html). I doubt they hit 50%. So there's reason to hope. Appreciate that.

The point, which you missed it by the way, was that the banks will use crypto as an excuse to transition to digital dollar. Crypto alone isn't going to cause hyper inflation, but it's one more step in the wrong direction. At least with the dollar there's some enforceable legality behind it to some extent, and believe me the rest of the world know's it has value, can't say the same for your precious slavecoin. At the end of the day people have to realistically work within the framework handed us. If you want to start your own bank and create a new currency go right ahead man, but crpyto is the oligarchs, not the everymans. You've been fed a lie.
Haha, now here's where we disagree (to a degree). I genuinely don't know how possible it is to fight a digital dollar when most payments are already credit/debit card and digital to some degree. And you're definitely right that it's the oligarch's tool. If it is implemented - and I don't know the odds of stopping it, but I'd be interested in exactly how not buying crypto does in light of how little isn't digital at present - holding something like XRP or other ISO coins before the changeover will literally be the last chance at acquiring wealth. So that's why I buy. Especially with other investments like stocks at say, Vanguard, enriching the elites and giving them voting power over all corporations too. And stocks seem certain to crash with any reset. There don't seem to be any good options.

So I don't expect to change your mind on those points and doubt you'll change mind, but that's my thinking. God speed.
 
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RedPillUK

Pelican
The point, which you missed it by the way, was that the banks will use crypto as an excuse to transition to digital dollar. Crypto alone isn't going to cause hyper inflation, but it's one more step in the wrong direction. At least with the dollar there's some enforceable legality behind it to some extent, and believe me the rest of the world know's it has value, can't say the same for your precious slavecoin. At the end of the day people have to realistically work within the framework handed us. If you want to start your own bank and create a new currency go right ahead man, but crpyto is the oligarchs, not the everymans. You've been fed a lie.

There's some enforceable legality behind it? Really ? You trust the government to do the right things?

Enjoy holding your us dollars then which are already losing value against everything else. Real inflation is hidden and will grow when money velocity increases. For now that is being kept under some control through lockdowns but this will not last.
 

CERN

Pigeon
There's some enforceable legality behind it? Really ? You trust the government to do the right things?

Enjoy holding your us dollars then which are already losing value against everything else. Real inflation is hidden and will grow when money velocity increases. For now that is being kept under some control through lockdowns but this will not last.
You still get your day in court at the moment, so yes, as a generality I still get a trial, that's way more than what a lot of other countries can say. The government doesn't have my back, but were not in literal slave camps and being butchered in the street. The 'slavery' at the moment in the U.S. is via media and computers and largely self imposed; i.e it's a personal decision to sit on your phone or computer all day and consume media trash. You can toss your computer into the trash at any moment. "But how will I pay my bills then?" Use a flip phone. How weak and pathetic men have become, seriously.

Money is just a means to an end, it's not the end itself.

"For now that is being kept under some control through lockdowns but this will not last."

Why? Once people start spending money again? But we're probably not going to hit hyper inflation after the covid stimulus and unemployment checks. There's a ton of money being saved up and people will definitly be spending, but it's not nearly enough to cause actual hyper inflation in my estimation.

Why? Because an economic depression lasts several years and it hasn't been that long. You would need covid lockdowns x at least 2+ years to maybe cause hyper inflation ok. Depressions are from my understanding long sustained periods of time. We were in a recession, not a depression, so we weren't even close as far as I can tell. Again, this is media fabrication to the extreme and the whole original point of my post was if 'hyper inflation' is getting talked about, it'll be mostly nonsense and an illusion of hyper inflation probably to scare the masses into triggering real hyper inflation to spend their money left and right is the guess. As far as I can tell it would take literally years of what we saw in 2020 for the U.S. to be considered a depression. As far as I understand it hyper inflation doesn't occur unless there's a longterm depression.

If you hear about hyper inflation going to happen, it's probably a lie ok. Again, I'm no economist, take it all with a grain of salt but do your research on hyper inflation and tell me I'm wrong if you want.
 
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If you hear about hyper inflation going to happen, it's probably a lie ok. Again, I'm no economist, take it all with a grain of salt but do your research on hyper inflation and tell me I'm wrong if you want.
I've done my homework on inflation. I've also read about 50 pages into Dying of Money. I stopped because it's boring and I'm running low on time. Didn't the Fed print a ridiculous amount in the past few months? I'm pressed for time and can't find the article to give an exact percentage. The system can't keep printing out money and either we will see it crash (and more likely than not ensuing violence) or we will see some new alternative be ushered in. Burry hasn't just stated that he thinks it's coming but he has adjusted his portfolio to account for it. Crypto is just one avenue for hedging against inflation. If prices are going to rise I'm hedging by buying long term food and am looking into ways to barter with people I've known for years. I'm on the fence with taking out a fixed interest rate loan and then paying it off with inflated dollars.
 

BillMcNeal

Sparrow
I've done my homework on inflation. I've also read about 50 pages into Dying of Money. I stopped because it's boring and I'm running low on time. Didn't the Fed print a ridiculous amount in the past few months? I'm pressed for time and can't find the article to give an exact percentage. The system can't keep printing out money and either we will see it crash (and more likely than not ensuing violence) or we will see some new alternative be ushered in. Burry hasn't just stated that he thinks it's coming but he has adjusted his portfolio to account for it. Crypto is just one avenue for hedging against inflation. If prices are going to rise I'm hedging by buying long term food and am looking into ways to barter with people I've known for years. I'm on the fence with taking out a fixed interest rate loan and then paying it off with inflated dollars.
In fairness, a page or two back Cern explained the correct thing to watch for with inflation. It's supply x velocity. They can print twice what they did in 2020, but if people aren't spending it, it won't cause a problem. And with most of that money not making it into the hands of normal people, it's yet to cause a problem, even with "stimulus" checks. And with excess supply of dollars being taken up by foreign governments and businesses - since the dollar is still the world reserve currency - us getting to a bad point is less likely.
 

Mortay

Sparrow
Does anyone hold STMX? I got some at around $0.05. Wondering if it's a good long-term hold or not. What is a good price prediction for EOY?
 
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