Any thoughts on pax gold?
Timing the bailout is going to be tricky, i dont want to be holding the bag! NFTs have crashed but that was obvious.. Bitcoin could do a fake moon landing before it implodes and it would be fun to nail that one
RE: Financially And Physically Dangerous To Be A Crypto Entrepreneur (CZ Going To Club FED? 😬)
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Financially And Physically Dangerous To Be A Crypto Entrepreneur (CZ Going To Club FED? 😬)
as long as they keep pumping fake fiat into the system, btc will absorb some of it, imo - at least up until 2024 elections.
(unless, as I said, the world decides differently in regards to the USD).
(gld, as in physical, yes?...paper contracts will be worth shite and many will not honored - woohooo, more bag holders...)
As a store of value, yeah - I'll bet 5000 years of history and a market cap massively bigger than all of crptyo combined, against a 15 year old, non tangible concept, that was funded off nothing but free money...
It's not even as though blockchain, as a technology, was new or cutting edge ('created back in the mid 90's if memory serves).
...if I had the spare fiat sitting around doing noting, gold is where I'd be heading (silver to, even more so, perhaps).
pax gold is a crypto based on the gold value - not real bullion so why is that of interest?
lets's say you buy BTC for $30k & later find it's worth $150k - if you sell it the globalist scum puppet government want a big slice - but if you exchange it for a crypto that is valued in gold you disappear your $120k profit tax free - then if the US$ crashes your pax gold is then worth a very large number - does that mean anything, I don't know, it's sort of like a game of monopoly
I have real bullion too, but this is a different game
NZ now has a new coalition gov that is saying they will reverse everything the horsefaced tranny did. That seems good, but is this a new scam we haven't grasped yet? I am jaded...
lol, yeah....not gold, (not money), but 'monopoly money'.
It's al a scam to transfer wealth - the close it gets to collapse, the more 'too good to be true' offers will be there to help you, very nicely, to transfer your wealth to those that created the game.
Tangibles (gold and real goods)...are the only thing that matters IF the SHTF scenario plays out. Or even if it's 'just' tough times.
Most retards don't now how to change a light bulb without looking online for instructions lol.
In the world of the internet blind, the one noggin' of common sense, is king.
Jaded is a good way to describe it, matey.
Sometimes I feel like going back to a base level of buying land preferably on a lake where you can survive from growing your own food, hunting, and fishing.
I don't know if it gets that bad but we can't actually live on crypto, gold, or silver if things completely implode.
It would suck to be lead through the scamdemic by a horsefaced tranny. Maybe various nations have seen things have gone too woke and Argentina will lead us into a return to the normal and cut off a lot of the inflation their central bank has created. It will be an interesting experiment.
Yes… I am buying land. Where it’s still cheap to buy land. Not Splinterlands land… real land where I can hunt and fish for my food.
I find PAX Gold interesting but I just don't think it is going to be the winner this time around if things fall hard. I don't know how much longer the current system can be papered over. I personally just feel like buying gold will be like buying Oil from whale blubber in 1910 after crude oil had already been determined to be more efficient.