Quote from: BlackHatCoiner on Today at 05:36:15 PM

Quote from: legiteum on Today at 05:06:18 PM

Wow. Okay. I guess if you believe that, then... you'll believe... all kinds of things.

Nope, just the ones that follow critical thinking.

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So if the value of an investment goes down, you consider that "robbery"?

No, that's exactly what I'm trying to tell you. When you invest, you acknowledge there is risk of losing money. That's fine. The problem is that under the current system you have to invest, or your savings gradually disappear. People want to save money for their future, but they're forced to put them into risky instruments, or they won't have savings anymore.

But all investments are risky. There's no such thing as a risk-free investment.

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No, they really aren't any different. All forms of saving/investing/speculating, regardless of the instrument, involves risk.

Look. Everything in this life involves risk.

Yes. Now apply that to what you said above

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But, since the inception of civilization, humans develop instruments to store value. This is pretty much the cornerstone of civilization; the ability to store value for the future, because present is pretty certain. Lowering humans' time preference is the basis of civilization, because it enables forward thinking and progress.

Yes, but mankind has never developed a zero-risk investment instrument. Never. Ever. If you have been told that one exists, or once did exist, then you have been lied to.

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Sure, even stores of value involve risk, but what distinguishes them is that they are the least risky.

Sure. And the USD has been far less volatile over the last 40 years than almost any investment you can think of. Yes, it has lost value over that time, but in a relatively stable and predictable way, and very slowly. In the right context, and in diversified portfolio of many other instruments, USD has been a perfectly viable investment. It is a low risk, negative yield investment, which is something investors require from time to time (viz. Warren Buffet recently moved $300B into USD because he thinks Trump is going to crash the US economy and cause a recession, leading to all equities losing a ton of value--so he can then buy cheap after the new floor is found).

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But today, things have changed, and stores of value such as gold are no longer effective, for a variety of reasons. Thus, people are forced to "play the investors" and start risking their money on things that have tangible risk, like investing in Nvidia. The alternative is a slow bleeding of wealth by the money masters. That's the scam.

So you want a world where you just make money without even trying? Sounds awesome--but it's a fantasy. You want a world where people who know nothing at all about investing are able to make as much money than professional investors who work on it all day long?

But contrary to your negativity, we are on the cusp of an amazing revolution in finance that will bring professional-level investing to virtually every individual on earth. Apps like Robinhood allow people to have an investment portfolio that is run by experts and yet use it like a normal bank account with USD in it--you don't know (or care) how your wealth is being stored, and the system automatically converts into your transaction mechanism when you need it on the fly.

Again, stop thinking about finance the same way the Illuminati conspiracy buffs did when they invented that stuff in the 1960s. The world has drastically changed and all of your assumptions about economics are obsolete.