The World of Crypto

@Big Sur , I really like the way you write your thoughts, great visuals

Thanks for the Coinbase idea, I hadn't considered that, I have some cash doing nothing in my RRSP account. "the time to buy is when there's blood in the streets." Said one of those Rothschilds

That's ^^^ a big deal
 
I don't think modern currencies will be replaced by crypto one day. It is a bit hard to see the such mechanism. Even if the market crashes, replacing physical money with crypto will only create more chaos in the world
 
@EdnoCaspery , it's hard to say what would happen. I think there's alot going wrong in the world and something certainly has to change, whatever we're doing isn't sustainable. I think we're making positive changes in many different ways that will add up to giving us a fighting chance towards the future, but they are changes that will take us out of our comfort zone and make us feel very uncomfortable in the short term. Our financial systems are corrupt, manipulated by the few. It'll have to change one way or another, IMO. Be prepared for the bartering system, cannabis can be a convenient tool for that. Exciting times for sure
 
Seems all these latest techno innovations need electricity to run. The energy sources needed to produce electricity are tenuous at best for many, considering the current circumstances. Even scarce food sources due to lack of fertilizer which also requires energy to produce. If it is not in hand, then there is uncertainty.

mu
 
I don't think modern currencies will be replaced by crypto one day. It is a bit hard to see the such mechanism. Even if the market crashes, replacing physical money with crypto will only create more chaos in the world
And I don't see the full accordance between physical and cryptocurrencies., so it will be hard to differentiate and use it for each person, even a worldwide leader. There are many better sources on Investor Junkie that help invest in good things. The best way to use money today is trading and real estate co-ownership. They're more real, and there's no need to wait for decades when it is going to bring you success
 
CBDC’s coming quickly as fiat sham exposed.

“The financial infrastructure of the Great Reset has arrived as Rishi Sunak was named the next UK Prime Minister without a vote – welcome, global currency.”

mu
 
Borrowing to invest is a super bad idea on the micro level, like @Big Sur was trying to say, as well as as on the Macro level as we have seen with FTX. That being said, I just picked up some more of an altcoin at rock bottom prices (*NOT INVESTMENT ADVICE*)
 
And another thing, it's safest to keep your cryptos offline in your own wallet, as opposed to an exchange to avoid losing your funds if/when they get hacked or bankrupt, this isn't the first time shit happens like this. One of the main reasons Bitcoin was created, was to avoid the need for third parties to manage one's funds. Banking for the bankless
 
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