You still got faith in the $ and swear it will be good and go up forever?
Just checking.
All other countries are not all our friends and they might figure out that payments on the blockchain are basically faster and unhackable.
Lucky that security guard didn’t invest all his money in conventional markets 90 days ago.
In theory and in some locations on Earth, it is free from government. I’d like to introduce VPS/VPN. You don’t have to live outside of the US to be free of the US tax code on crypto.
Not trying to bust your balls... But a lot of people have been creamed in the markets lately... to act like crypto is special is ridiculous. Now LUNA, got creamed but why have all your money in one spot. If he lost his life savings in LUNA, that is his problem.
My position is commodities is the safest investment. We need commodities to live, so even if we fund a super source of a commodity, which wipes out 90% of the value of the commodity, you’re still going to have something in the end because you need the commodity.
After that, it becomes a question of how real, in terms of being able to physically hold onto the investment. Stocks are not as good as a commodity, but are better than most investments because the companies that own the stock are selling real products and services. Unless you’re in a period of technological change where your stocks in ice blocks is going to be lost because of the advent of the refrigerator, stocks are relatively safe for the long-term.
NFT’s and crypto were never safe because they were always one button away from disappearing.