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posted 3 years ago by pkvi 3 years ago by pkvi +20 / -6
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– Mad_King_Kalak 1 point 3 years ago +4 / -3

Sure. And all the fiat that is controlled by the bank and not you, and your 30 year mortgage where you "own" your house or your land.....

That gold and silver? Useless except as a hedge against inflation. Keep buying it, I do, but don't think it's good for anything but a grandified storage unit.

The whole point of a distributed ledger is so the people who use it own it, not some single source big bank beholden to the Fed and Jews.

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– MiyamotoHolliday 0 points 3 years ago +1 / -1

I don't have a mortgage. I have land, chickens, solar panels, well water, 5 figures liquid in the bank, no property taxes cause veteran, 3 vehicles, maybe 20 guns, at least 10k rounds of ammo, etc. And zero crypto. I had some bitcoin once, used it to buy drugs off the dark web before they convinced everyone to make it so damn unstable trying to end the dark web's market ability.

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– Mad_King_Kalak 1 point 3 years ago +2 / -1

Family? A wife and kids change quite a bit. And you must be disabled to have zero property taxes as a vet. Easier to stack up cash when you don't pay property taxes, not to mention you exclude how you got your land. Is it paid off, or inherited?

Don't answer, I'm just pointing out you have to play the cards you're dealt.

Nobody should bet the farm on crypto, it's one option among many. For instance, I wanted to send money to a friend and keep it off the radar, and that Monero and Etherium I sent an old college buddy when he was in some trouble was just the ticket.

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– MiyamotoHolliday 1 point 3 years ago +2 / -1

I have a fiance, she's also a vet. Disabled technically with PTSD and a lot of minor musculoskeletal injuries. Paid off from afghanistan contracting money. I'm not condoning my path, just saying it was possible.

Short term crypto is one thing. An assured store of value must be achieved to replace the dollar.

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– Mad_King_Kalak 2 points 3 years ago +2 / -0

I'm not judging, and thanks. I did 6 AD and 8 Reserves myself, but in a sea service so I never went to the sandbox; I have no college debt because of it despite the advanced degree. Just taking advantage of what is offered.

As for what will replace the dollar, we are moving towards a world with commodity backed dollars, but we aren't there yet.

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