RE: Warren Buffett Calls Bitcoin "A Joke" As US Population Systematically Impoverished - Record 30% Of Adults Living With Roommate
Haha, @lexiconical! It's all a SORDID MESS! I am really growing to like your style (as we have a similar satirically-leaning sense of humor). You are a bit further along in the more technical expertise in crypto, and so I can learn from you as a mentor. The thing is that the OVERALL level of exploitation in, specifically, the United States is just inexcusable. Just look at the student loan debt racket. You've got people coming out of the "mass mind control"university absolutely BURIED in debt. That was me in 2000. They have ZERO chance of making a life for themselves. The lenders and the government ROBBED them of their lives. My response to that, and the RAMPANT inflation, and just GENERAL "bad stench" of the whole society, prompted me to take a one-way flight out of the country. Talk about "brain drain". I agree with you that crypto is likely the ONLY way out, but how many TENS or HUNDREDS OF THOUSAND have had their lives taken away from them by the RAMPANT GREED and lack of basic CIVILITY in the "Land Of The Free". Trump looks like he is a AT LEAST TRYING to address these most important issues, and (regardless of your politics) hats off to him for that, but just the fact that, as a society/culture had fallen to such a moral LOW is pretty damn disheartening. Just my thoughts on the issue, as it hits close to home. I love - and upvote - all of your posts. Keep it up.
That better not be true. If there's only one way, there are no ways at all, because crypto can be crushed, and no matter what the cost, they will crush anything to maintain their power.
Your internet can go away, and they won't care. You can die, and they won't care.
If every single person invested in crypto needs to die to leave them in power, they can do that, and nibble toast points.
They don't care. We need a multiplicity of vectors to build wealth, so they CAN'T choke just one off and keep control. We need them to lose at a game of whackamole.
This is why the decentralized aspect (and, the large number) of cryptocurrencies is so important. Sometime we rail on about Steemit being weak in.
Good point. Agreed. I guess I was just saying that with crypto it AT LEAST LOOKS like we can POTENTIALLY get out of bondage, if we play our cards right. But I agree that it is MOST PRUDENT to them diversify our wealth into various other assets, including (for me) physical gold and silver. Ideally, I strive to take WHATEVER earnings I make on crypto and put them into HARD, relatively stable assets.
Getting out of bondage is, at this point, practically synonymous with getting enough wealth to check out of the corporate system. Hopefully, crypto can at least provide that for some of us.
"Just look at the student loan debt racket."
Prior to crypto, this was one of my main focuses. I used to help people weasel their way out for student loans. It's tough.
"They have ZERO chance of making a life for themselves. The lenders and the government ROBBED them of their lives. My response to that, and the RAMPANT inflation, and just GENERAL "bad stench" of the whole society, prompted me to take a one-way flight out of the country. Talk about "brain drain"."
Great points. I worry Steemit may suffer the same fate.