Anonymous ID: 0afe4b Dec. 25, 2018, 7:30 p.m. No.4469303   🗄️.is 🔗kun   >>9353

>>4469247

The thing with gold is that it is ideal money, has been adopted by all major civilizations for 1000’s of years, is indestructible, is limited in quantity, easily divisible, etc. Alchemy or a major asteroid mining venture is all thst could derail golds claim to be the ultimate money. It will reassert itself whennthis wobbky system buckles for good.

Anonymous ID: 0afe4b Dec. 25, 2018, 7:38 p.m. No.4469368   🗄️.is 🔗kun   >>9402

>>4469353

Nine of those things you listed have the good money attributes.

 

Bitcoin conceivably has good money attributes but it comes with much uncertainty and known unknown and unknown unknown risks.

Anonymous ID: 0afe4b Dec. 25, 2018, 8:03 p.m. No.4469600   🗄️.is 🔗kun   >>9624

There is nothing new under the sun.

Generally correct notion, but not in the case of bitcoin, it has the potential to be a parallel infrastructure that we all should wish succeeds bc it subverts the powers of our enemies in banking, payments, social media even (encourages alternative platforms).

>>4469559

Anonymous ID: 0afe4b Dec. 25, 2018, 8:25 p.m. No.4469834   🗄️.is 🔗kun   >>9876 >>9932

Anons throw around “The Big Reset” like it’s an established thing, but I’m unclear in what it would entail. I would think it has 2 main parts : 1) (partial) debt forgiveness and 2) ending the fed and reintroducing sound money.

 

If youre rich and own a bunch of bonds, you could be looking at material losses as your principal gets renegotiated down. You’d also be looking at higher taxes in a Big Reset world. If you thought this way, you’d start to hedge now by buying high vslue, portable assets that would be hard to confiscate or tax. It’s a short list : precious metals, diamonds, high end art, and maybe crypto. These assets stand to benefit in a Big Reset world.

Anonymous ID: 0afe4b Dec. 25, 2018, 8:32 p.m. No.4469906   🗄️.is 🔗kun

>>4469876

21 m bitcoin, it’s a fixed amount that can ever be issued, it’s in the software thst everyone uses and can’t be altered. There are other worries about potential for abuse in these young asset markets, sso I wouldn’t bet much on these things, but a little seems prudent.