Quote from: JayJuanGee on Today at 05:44:57 AM

Quote from: Cryptotourist on Today at 05:15:14 AM

Quote from: JayJuanGee on May 20, 2020, 03:00:53 PM

Probably because you are too busy focusing on personalities rather than actual issues and substance, but whatever at least you can admit (somewhat) that you might have been wrong in your prior assessment of impact.

Don't you think, it's better to focus on real people and the impact on their lives, instead of the bullshit you get on TV?
Issue or substance? Meh.

No.

Obviously.

Quote from: JayJuanGee on Today at 05:44:57 AM

Quote from: Cryptotourist on Today at 05:15:14 AM

Quote from: JayJuanGee on May 20, 2020, 03:00:53 PM

I doubt that there is anyone here who would have imagined that the financial impact of this whole virus situation would have been so great or that there would have been so much chaos in the world in regards to how to deal with it. The chaos seems far from over, even with the opening up of various places in which the outbreak seems far from under control or even the ongoing lack of information and tests is likely NOT going to end well, but sure, maybe we will get lucky, and the opening up will work out fine..

The thing is, people rather take the whole hit now, than contribute to the chaos.

You seem to presume a lot regarding how viruses work and how this virus might work under some kind of supposed nonsense herd immunity theory... and yes.. it is possible that you might be right.. but I doubt it. Odds seem to be quite highly against you from being right based on actual facts on the ground, to the extent that we know much if anything.

Actually Jay, I presume shit.
I just don't give a fuck about the actual virus, nor how it works.
Are you so willingly blind to see, that it's the social impact of the virus, not the virus itself. People are scared ... of each other.

That said, don't be so fast to rule herd immunity out.

Quote from: JayJuanGee on Today at 05:44:57 AM

Quote from: Cryptotourist on Today at 05:15:14 AM

Quote from: JayJuanGee on May 20, 2020, 03:00:53 PM

I am really doubtful, not only that the opening up will not work out well, it will disproportionately impact the poor and disenfranchised, but even rich people are going to get fucked by lacking in their providing of various support systems and focus in the reopening efforts.

Poor people are really fucked.
Really rich people are not, they can always borrow more.
The people in between, it remains to be seen, and the key-point is debt of course.

I will stick with my original statement, and of course rich people are going to have more options and real rich people might be able to buy islands, but still their quality of life might be jeopardized too. Who wants to be banging hookers, but have to wait two weeks for each one to clear? Could be quite burdensome, and they still could end up getting exposed after testing all peeps around them... it is not like the really rich can maintain complete detachment.. and still enjoy all their bells and whistle luxuries as if they were living in a bubble. How many billions are needed to create that kind of situation, and even billionaires are frequently sucking off of various aspects of the public trough and infrastructure etc, so they are not as much in a vacuum or self-made as they like to imagine their lil mortal selfies.

As I said, herd immunity.
Try to understand that escort services were still available during Corona, and brothels are now back in business.

On a funny note, the jokes between clients and working girls are endless. Wink

Quote from: JayJuanGee on Today at 05:44:57 AM

Quote from: Cryptotourist on Today at 05:15:14 AM

Quote from: JayJuanGee on May 20, 2020, 03:00:53 PM

Good thing that a lot of us have bitcoin, but we are also going to get fucked from this whole thing because we are going to have so many more limitations to how we can spend our wealth... in the hookers, lambo and blow territory but also other quality of life considerations in terms of steaks, travel, health and fitness options, social mingling, other supply chain issues and venue options.

BTC is my cushion right now.
I can't foresee any problems in spending it.

I am not going to disagree with you that having bitcoin gives you more options, but it might be helpful to have some cash and some other forms of value that you can spend, too. And sure there might be some steak suppliers who prefer cash rather than bitcoin.

Cash is gone baby, cash is gone. #nohomo

Quote from: JayJuanGee on Today at 05:44:57 AM

Quote from: Cryptotourist on Today at 05:15:14 AM

Quote from: JayJuanGee on May 20, 2020, 03:00:53 PM

So maybe even there was some truth in the proclamations of mindrust when he asserted that he felt better to shave off a lot of his bitcoin options because even being rich is not going to be that great in these kinds of times of fewer options... .... and even though there is some truth in that comment, having bitcoin and richness in those kinds of alternative asset holding ways is likely to provide way more options than either having money in fiat or other potentially depreciating or expensive to maintain ways.

mindrust does not set the example, period.

Fair enough that mindrust does not set any examples, but he still might have some decent ideas from time to time, and probably he would even have better ideas if he was able to figure out a way to get reapportioned into bitcoin... perhaps somewhere in the 1% to 10% territory.. and maybe he would prefer to be in the lower ends of that kind of allocation which could be reasonable in some circumstances, perhaps, and I believe that he does not even meet the 1% territory at this time.. but yeah, partly to your point, mindrust's situation seems to remain quite a discombobulated mess, so we should be taking anything that he says with a considerably large grain of salt until he can show that he either got his shit in order or is making meaningful and significant progress in that direction.

I'm sorry, when the glass cracks, the crack moves on.