Incoming Recession 2022/2023

[jaygreenb]

I'm just saying there's already some examples of central banks cracking down on it. From what I see, central banks usually do things in lockstep... Of course more draconian societies will be the first to do it, but I bet there'll be a crackdown on private coins in western societies eventually... Though as long as one country such as Switzerland doesn't, then there will always be value attached to private coins. Though the only problem is cashing them out. Can't buy food, pay rent, buy clothes, gas, etc, with them, what good will they be? Unless one plans on paying for those things on the black market, which, I don't know..... Buying food on the black market doesn't sound too appealing...

The other option would need drug dealers to accept crypto currencies from their dope fiend clients... Then one can give dope fiends private cryptos for their food cards, and then they use the cryptos to buy their drugs.

You have to decide how much risk you think that is, don't buy it if you don't want to. Not trying to convince you. I am comfortable with it and don't think Ethopia leads the way for western nations.

 

[jaygreenb]

I was a successful small business owner (LLC). I took discounted cash payment and bartered a great deal other businesses.

BT is great because you often times get a good discount along with it and often pay no state or federal taxes on it.

There will always be an underground economy for those who want it.

Yep. That's one of the reasons I love precious metals, completely off the radar. Just has a lot of limitations. Bitcoin and metals fill in the gaps and act as insurance for each other.

 

[DonJuanjr]

You have to decide how much risk you think that is, don't buy it if you don't want to. Not trying to convince you. I am comfortable with it and don't think Ethopia leads the way for western nations.

My bet is on XMR being the sole survivor due to it's untraceable nature.

 

[jaygreenb]

My bet is on XMR being the sole survivor due to it's untraceable nature.

The problem with that is there isn't a public ledger anyone can verify. Not the same level of trust

 

[BackInTheGame78]

Crypto is one of the most ingenious hoodwinks into global communism the world has ever seen.

History, assuming this story will be told, will mark this as one of humanity’s huge turning points.

The stupidity of your statements increase in scope the more you write

 

[BackInTheGame78]

….And yet you can’t refute it.

All you can do is name-call. It’s pretty poor quality intelligence from you. Aren’t you meant to be an example around here as a supposed “mod”?

You already think I’m a troll, dude. I accept it:

“Troll” is the universal acknowledgment of “I’ve got no response.” - so keep it. I’m a troll in your mind, and that saves you from having to engage with anything that I say.

Isn't much to refute. You talk yourself in circles. You are like the dude you play against in pickup basketball that nobody has to bother guarding cause he is a "self-check"

 

[jaygreenb]

 

[BackInTheGame78]

What you’ve just written - That’s another way of not engaging with someone. It’s similar to calling someone a Troll. It’s rather cowardly.

You’re out of depth, dude. I feel bad for you. All you can do at this point is name call. I can’t have intelligent economic discussions with guys like you because you don’t understand the system you live in.

You have none of the education or required knowledge, or any of the critical thinking faculties, to see what Crypto is all about. And then fit into a wider picture for humanity’s future.

It’s either that (you’re really dumb) or you’re a very bad man and you actually want global communism because you benefit in some way. That wouldn’t surprise me either.

What you’ve just written - That’s another way of not engaging with someone. It’s similar to calling someone a Troll. It’s rather cowardly.

You’re out of depth, dude. I feel bad for you. All you can do at this point is name call. I can’t have intelligent economic discussions with guys like you because you don’t understand the system you live in.

You have none of the education or required knowledge, or any of the critical thinking faculties, to see what Crypto is all about. And then fit into a wider picture for humanity’s future.

It’s either that (you’re really dumb) or you’re a very bad man and you actually want global communism because you benefit in some way. That wouldn’t surprise me either.

 

[jaygreenb]

You’ve done the clown thing a few times now.

I actually like clowns. Good memories of the circus and scary clown stories like IT by Stephen King.

Anything else?

Or shall we keep this thread on topic?

If you love what you do then you never work a day in your life. Congrats clown.

 

[DonJuanjr]

@BackInTheGame78 What's your opinion on XMR's sustainability due to the lack of traceability?

 

[Pierce Manhammer]

Dude, you’re a regular circular firing squad.

Your need for ego validation is stellar, epic and oh so cliché.

You never fail to satisfy. One doesn’t even need to mention you and you respond as if a message was directed to you. That’s very feminine behavior coming from you you Alpha stud.

You’re a legend in your own mind.

I’m gonna sit back and watch you respond to us, it’s gonna be fun!

You’re the poster boy for Dunning-Krueger.

Regale me with your wisdom Pancake. I welcome it.

Pierce Govhammer wants you to use the government-invented term Fake News.

It’s amazing how threads like this expose the absolutely mindless and the communists.

Who decides what the Real News is Pierce? You? lol.

 

[Pierce Manhammer]

Dear Pan87,

It seems like you’ve really given this some thought. Thank you for your well thought out, erudite response.

You are certainly entitled to your opinion, I know it seems right to you, and I know that you wholeheartedly believe it.

I am, however worried for you, so much bluster, anger, lashing out, have you considered talking to a professional about it?

Pierced Betahammer, your mask of “I’m too cool for school” has slipped. And you’ve descended into menstruation.

You aren’t successful. You couldnt possibly be with a rant like that.

You need self control in the business world. Emotional control.

This thread is largely about “how to be successful in a world that is about to screw us over big time with a communism bait-and-switch”

There ain’t nothing more important in the world than facing this future atm.

Pierced Betahammer, your mask of “I’m too cool for school” has slipped. And you’ve descended into menstruation.

You aren’t successful. You couldnt possibly be with a rant like that.

You need self control in the business world. Emotional control.

This thread is largely about “how to be successful in a world that is about to screw us over big time with a communism bait-and-switch”

There ain’t nothing more important in the world than facing this future atm.

 

[Pierce Manhammer]

Actually he won’t answer because he knows that the worst thing you can do to narcissist is to ignore them. See? Now he has YOU adjusting to HIS frame and talking about him. Hah

He won’t answer. Because it’s obviously not sustainable.

 

[DonJuanjr]

Actually he won’t answer because he knows that the worst thing you can do to narcissist is to ignore them. See? Now he has YOU adjusting to HIS frame and talking about him. Hah

I'm not a narcissist...

 

[Pierce Manhammer]

No one said you were, re-read.

I'm not a narcissist...

 

[DonJuanjr]

No one said you were, re-read.

Your statement was implying I was a narcissist, due to pan quoting my asking backinthegame a question... If backinthegame is ignoring a narcissist, its me, because I was the one that asked him something...

Though I knew what you meant and was just being pedantic

 

[DonJuanjr]

I'm split on the crypto debate. I see it's usefulness on the black market, though as a long term storage of wealth, I think gold is still king.

Dude. Focus. You’re letting him off the hook by allowing him to frame-steal.

This is not about narcissism. This is about men disseminating bad information (financial advice) to their fellow men on purpose. To ruin you. On purpose!

 

[BillyPilgrim]

Don’t let him sidetrack you dude. Make him justify crypto. If he can’t, then he’s scamming you in a very serious way. He is trying to disinherit you of your wealth like a snake oil salesman. He would have received the death penalty not too long ago.

Dude. Focus. You’re letting him off the hook by allowing him to frame-steal.

This is not about narcissism. This is about men disseminating bad information (financial advice) to their fellow men on purpose. To ruin you. On purpose!

Imo they're acting on protecting their world views first and foremost. I don't think they're setting out to ruin anyone but at times it becomes collateral damage. We are in a perceptional war, due to a fundamental differences in how we think and perceive. Any evil is driven by fear. And the fear is having wasted significant time and resources acting on bad information.

 

[Pierce Manhammer]

Nope maybe I misunderstood the post I was replying to where I thought Pan was talking ABOUT backinthegame and why he wasn’t responding. Anyway no matter, it’s just not that important frankly.

p.s. I give a rat’s ass about crypto and blockchain, I know what it is but I don’t dabble in it or care enough to engage in the discussion you’re having about it so not sure where about where this misconception has come from.

toodles

Your statement was implying I was a narcissist, due to pan quoting my asking backinthegame a question... If backinthegame is ignoring a narcissist, its me, because I was the one that asked him something...

Though I knew what you meant and was just being pedantic

 

[BackInTheGame78]

@BackInTheGame78 What's your opinion on XMR's sustainability due to the lack of traceability?

Well, I think eventually they will create something that will allow some traceability...it's like an arms race...technology is developed that prevents something, then technology is developed that makes the previous technology either obsolete or not as effective as it once was.

Blockchain was built as a decentralized ledger available to the public, not as a way to hide transactions...in fact it was the exact opposite of hiding transactions.

XMR is interesting but how far it goes will be determined by how well it can adapt to technology that takes some sheen off of it's untraceability.