Quote from: marcus_of_augustus on Today at 01:29:48 AM

Quote from: JayJuanGee on Today at 01:06:49 AM

I will admit that I have run across a decent number of status quo rich folks who seem to believe that everything is going to just work itself out with their financial investments, including their properties and equities, and they do not even seem to be too worried about prices going up.. at least in their desires to defend the level of their richie status; however, even on probing I have some difficulties understanding how they can even feel secure with their traditional investments without some kind of hedge.. and they seem to believe that properties and just having a lot of money is enough of a hedge.. so things have worked out the past 10-20 years, so seems pretty much that it is going to continue to work out.. especially if they might only have another 10-20 years to live and maybe 35 years if they are extremely lucky... but in any event they feel that they have enough financial/psychological preparations for any scenario... and they do not need bitcoin as a hedge... as if I am trying to sell them bitcoin even though I am strongly suggesting to consider some hedging with bitcoin... but no, no, no.... and so there can sometimes be what seems to be false senses of security in traditional financial circles.. at least some of the seemingly stubborn-ass guys that I have run across.. in my real life social circles.

Seems to me that we bitcoin holders have a lot to be thankful for in terms of our bet having had paid off, we are not losing our conviction, so our bet is still likely to continue to pay off, even if some aspects of the upside might have come down to ONLY 1,000x more rather than 10,000x or some other ridiculous amounts.... but I surely am not feeling either fooled or fucked by either my past bitcoin involvement or where I anticipate king daddy to be going in the coming years, whether 4-10 years or even longer periods, if I happen to still be alive and able to enjoy where it has come, besides just being able to mutter I told you so through my talking box.

... JJG does throw up some gems from time to time ... the level of rekt that is coming for the average wealthy-middle upper-middle classes of the West is going to be epic, like never seen in history, and they all seem oblivious, or wantonly ignorant more likely

... capitulating to the stupid fucking governments and sundry idiots in charge on "terrorism", intelligence surveillance, foreign wars, police state overreach, monetary management, public health, funding bioweapon mischief, financial system oversight, "health and safety", supply-chain mismanagement, pensions, "manmade" climate change hoax, social media influencing by black OPs and the avalanche of rules, regulations, policies, departments, bureaucracies will be their nemesis

... you can't have that much fucked up in society by unaccountable governments and expect everything "to just turn out OK", history is littered with detritus of nations fucked up by governments, the West is not special .... in fact the thing that made the West special has been sold for "safety" theatre and dereliction of personal responsibility and critical thinking

... anyway enough rant, the bust will be epic, economies are grinding to a halt around the world and no-one has a fucking clue what comes next, you can't print electronic money to paper over what a fucking disaster the banksters have created by raping financial and commodity markets and interfering in the economy of real world output for at least the last 2 decades

... plant a garden, make sure you secure access to local food supplies, good luck.

Okay he has a lot listed but “manmade” climate change hoax is not true.

The other 17 pretty much on point. 🙁