Quote from: The Pharmacist on December 23, 2021, 03:10:28 PM

And, I might add, taxes are or will be going up under Biden's reign of senility. The government has more hands than any alien creature you could imagine, and they're all in our pockets fishing for what little money we have--and on top of the money printing you mentioned, there's the undeclared tax of inflation which is a direct consequence of irresponsible fiscal policies (like handing out money in the form of stimulus/COVID relief as if it were Halloween candy).

Paying taxes is okay and must be paid because it's essential for the development of the country infrastructure and to make progress but what Governments are doing at this time is unbearable like always have an eye over you making transactions and each and every record and later on they simply give the excuse of AML policy.The tax slabs should be set according to different set of rules and this biden reign will also end up on the same political agenda like wars,covid and some other useless topics but they will never say the inflation has increased in their time and will keep on blaming each other and carry on same political drama.They simply print money and give out as stimulus check and people believe they are helping them but they never know the indirect burden is going to be shifted on them eventually in form of inflation and taxes.

Quote from: The Pharmacist on December 23, 2021, 03:10:28 PM

Yeah, you better believe bitcoin is a sounder form of money than the USD is. The dollar might not be hyperinflated and carted around in wheelbarrows yet, but we're getting there. What's frustrating is that no one I know in real life seems to see this or care much about it if they do. I don't know what everyone is staring at on their smartphones all the time, but I'm guessing it doesn't have anything to do with economics.

Yeah at this moment USD might sound stronger than most of the currencies as world trade is carried out in it despite the fact that some other currencies like dinar and Pound are stronger in value but the government has full rehearsal of taking it towards zero levels with their fiscal policies and creating a hyperinflation in the country not too ahead but this scene can be seen soon and then the debt limits would be raised to $50 trillion also or even more.Sometimes i wonder which will happen first US raising debt limits beyond any levels or btc crossing $100k? Talking about youth only a handful of them are interested in these topics these days and most of them are busy in making reels on insta and sharing memes over the internet.Few days back i was shocked to see teenager becoming social media influencers with huge followers and waste their whole time on this useless stuff which won't help them in the long run.These days it's hard to find someone at young age talking about economics or real world problems.

Quote from: Jawhead999 on Today at 02:52:37 AM

Yep we're need Bitcoin, but don't ignore the fact we still need fiat too because not all merchants will accept Bitcoin... even more if you live in countries where Bitcoin still in grey area, you won't see any merchants will accept Bitcoin.

Average Joe will think fiat is more safer than Bitcoin in terms physically and wouldn't loss since most bank offer insurance if the bank bankrupt, unlike Bitcoin it's non physical and will loss if the exchanges got hacked or compromised. This is why people should educate yourself to understand Bitcoin is and using exchanges only to trade, not to hold.

Actually what i am trying to explain is future problems because i also know you can't use bitcoin to make payments unless you are El Salvador resident which i am not like many of you.At this time bitcoin is more frequently popular as an asset rather than mode of payment but that will turn out soon because the true use case of btc was alternate mode of decentralised payment system to evade the Central control and provide you freedom of funds but slowly when it will be accepted by all or say most you will automatically see people spending it on usual stuff.You must have seen people paying in Bitcoin to merchants you are referring to in El Salvador through LN on strike wallet or any other wallet supporting LN and same will happen with time.But you should have bitcoin till that time to safeguard you against inflation.For me it's best and it could not be for you.