Cool Breeze wrote: ↑Sat Mar 06, 2021 5:33 pm
FullMoon wrote: ↑Sat Mar 06, 2021 12:04 pm
Sounds compelling. Maybe you could tell us more about your great escape and how it's fool proof because you have the magical digital money. Like gold. But, gold was everywhere in S America and they didn't care so much for it as Europeans did.
I've travelled enough as well to know that when hard times come you won't be on the receiving end of anything but blame. Because it's your country seen as partially to blame. Probably safer to get a safe house domestically and prepare. If you can. Unless you're waiting to become a rich guy with all your gambling, we, investing.
And you're in the house of central banks with currency alternatives. Money is their domain. I hear they have a digital alternative. Doubt they will allow competition?
What if there is just slow degradation and we all lament the shitty, anti-Consitution state of US affairs, but at least we have an out from monetary repression? If you are a GD guy and doomsayer, God is your only way out. He's the only way out anyway. If you all are wrong on the quality of the collapse (just bad decline, on and on) your future without BTC is much, much worse.
This is so obvious I would have let it go if you all weren't so insolent, but now I'll be dunking in your face when it gets to 100k and beyond.
God helps those who help themselves. Regarding proper disaster preparedness and self sufficiency, which is useful in many instances, including collapse, we could say is a good idea. If doing so takes the majority of your excess funds, then the expenditure is an investment worth more than a monetary gain by "investing" in anything else. It's priority#1, and only after this has been accomplished, then investing financially begins. For the safety and comfort of my family, I will need to spend 6 digits easily. After which, we can assume most annual living expenses will be covered. Well water, solar energy, wood/geothermal heat, food gathering/production. Everything we will need to live will be paid for in advance. Our fundamental difference in perspective is the value of life. If you have the responsibility to protect others including children and elderly, risk perspective changes. We're approaching a dangerous time, when money may not buy you necessary life requirements. Regarding the possibility, any time the possibility of the death of my children is above zero, risk management immediately deploys. Our society is above %10 chance collapse or WW. Probably much higher rate than that. A decade ago I shrugged it off. But it's just been getting worse and now it's not just the Cassandra who spoke almost 20 years ago about it. It's a popular topic now.
You and Bob both think we're in or near the worst time of the turning and it will get better. Myself and others are just less optimistic, seeing over a longer timeframe the trajectory and rate of decline pointing to something unimaginable. You call it doom and gloom. We call it realistic probability increasing at a rapid rate.