Bitcoin is the first engineered monetary network, based on the same principles used to design planes, trains, and automobiles, highways, bridges, and railroads, ports, airports, and cities, telephones, power grids, and the internet. Fix the money, fix the world.

 

If you want to understand what is happening to your real estate and business investments' loss of value listen to the beginning of this talk. All assets lost 24% of value in March 2020. Every year for the next 5 years we are expected to lose 15% of the value because of the unprecedented printing of money called M2 which is controlled by the Federal Reserve. This means your home is going to lose 45-60% value in the next four years. Do you want to own a depreciating asset or one that is appreciating? Bitcoin is the first engineered monetary network, based on the same principles used to design planes, trains, and automobiles, highways, bridges, and railroads, ports, airports, and cities, telephones, power grids, and the internet. Fix the money, fix the world.

 

M2 money (printed by Federal Reserve)
M2 used to be about 5.5% (for a decade)
cost of capital just tripled, looking forward to
15% yearly (for the next 5 years
If your investments are increasing by less than 15% they are losing value
there are 300 trillion of $$ in these fiat investments, they all are going to lose 50% of their value in the next 5 years
Everyone will lose half of their wealth if they do not find a solution.
Bonds, stocks, cash, real estate will not work
21milions of bitcoins

 

Janz - how are you feeling about BTC? I am so interested in all of this but just don't know enough. On one of the sites there is a really good FAQ - which really helped.

 

Caroline;
(Always) please post a link to that site when making statements like that.
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Well, Jack is telling us to sell everything, mortgage all you can mortgage, and buy it.
As long as the price is below $100000.00 it is good to buy price.
The video above tells that until about when the "Covid-19" (excuse) came about the USA Federal Reserve was printing about 5.5% additional USA$ yearly.
So if your investments returned less than 5.5% you were already losing money.
Not counting taxes that you paid if you made anything above 0.0%.
After the "Covid-19" (excuse), the situation changed for the worst.
Instead of 5.5%, you will have 15% loss each year for the next 5 years (according to video).
1-0.5=0.85
1*0.85*0.85*0.85*0.85*0.85=0.4437
He was saying that after 5 years what was worth 1000 US$ will be worth $500 (today's US$)
My calculation above says 443.70 US$
Investment in BTC should preserve the value.
-----
When
making a purchase like this
do not
count on profits supporting your daily life.
keep aside (as cash)
enough finances
to support your current lifestyle for at least 5 years, preferably 7.
-----
ANY LOSS is a loss only when you sell it.
Otherwise, it is an electron on a computer screen.
------
When selling (when profits will be taxable),
do not reinvest part of the money that you owe in taxes (but you plan on paying those taxes latter, in 6-9-11.5 months.

Margin comes due always when you least can afford it.
So from that perspective, a 15 or 30-year mortgage on the house is better than margin.

My 2c.
.

 

th

thanks Jan

 

https://medium.com/localbitcoins-blog/top-10-websites-every-bitcoiner-should-know-d5bd9fdc15d6

 

BTC #7 upgrades this for the avg Joe.

 

Thanks.... I am digging in

 

Hi Jack, what if in a day or two there is a scheduled power outage like this fake pandemic and you see your money lose value? Also, tell me, the same people who create the false pandemic, want us to get into cryptocurrencies, what do you think about that, and tell me, what do you think about the poor people who don't have a cell phone and, day by day, must sell on the street to get money in banknotes? thanks.
In my country 55% of the people are poor.

 

Not Bitcoin. Fiat money is losing value by the second now

 

How do you change bitcoins to real currency and thus buy something real, for example, a house? This is not possible in all countries.
I understand that our money will be worth less and less every day, but I don't see a viable way out of this shit either. Thanks

 

I am assuming that part of the answer to your worries is:
the Bitcoin miners are all over the world,
we will not have a worldwide power outage big enough to whipeout all miners.

I would worry less about the lack of cell phones by really really poor people, impacting the viability of the system.
The southern border of the USA is currently wide open. There is a talk of giving each person half a million dollars to start a life there.
Not really bad policy, since most current US citizens procreate way too slow.
All non-whites are welcomed, except Venezuelans and possibly Cubans, since they already know communism.

....

 

Science geeks will be interested in the document called "silent weapons for quiet wars". It compares the real science of economics to the physics of electronics. Debt > inductance, capital > capacitance, income > current flow.