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Joined 9 days ago
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Cake day: April 29th, 2025

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  • Well its still early days, Biden was very against Crypto, so point of sales systems couldnt provide it. Companies like Square are now working on it, so you will be able to use it; or any form of cash you want, or fractional shares and gold etf.

    Maybe all currencies will just be forced to compete on inflation one day, and everyone will use the one with the lowest annual growth in new supply.



  • toastmeister@lemmy.catoPrivacy@lemmy.mlThe Privacy Iceberg
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    2 hours ago

    Do you think credit cards are ideal? People happily pay a 4% fee to Visa to buy something at the store, yet you think a spot convert is going to be the death knell?

    As well as the deflation of their currency, as the currency increases at around 10% a year, as you’re praying that a CPI that does hedonic adjustments and substitutions maintains your standard of living; as we go from free range to factory farms, and housing appreciation is excluded entirety.

    Maybe it wont be bitcoin, maybe it will be fractional shares, or spot convert gold, but I am definitely waiting for the day when I can hold 0$ in cash. I’m already near 0, but I’d like to replace it entirely.













  • Carney also praised Trump as a great leader, did the CBC miss that part?

    “Thank you for your hospitality, and above all for your leadership. You’re a transformational president focused on the economy, with a relentless focus on the American worker. Securing your borders, ending the scourge of fentinal and other opioids, and securing the world.”

    I do think they know each other prior and that seems quite obvious, and that getting Carney elected was a part of a larger plan to get a pipeline to the east coast to defund Russia; using the Alberta separatism crisis to do so. Trump plays an idiot, but even the level of the tariffs were concocted to push this crisis, which was the true reason for Daniel Smith to go to Maralago.




  • Solar and wind definitely are cheap, until you include billions in lithium batteries to support the grid during the periods of the worst case energy production. Energy grids arent easy to restart if they go offline, blackstarts can take days and cost billions of dollars and lives.

    What makes nuclear so expensive is the environmental movement through litigation, funded by oil and gas, so it makes it prohibitively expensive. I wouldnt be surprised if wind and solar are funded by oil and gas, since its perpetual vaporware, and storing that much energy for a 100% uptime grid is a massive fire hazard. France was able to build 60GW of nuclear 60 years ago before we even had computers, but I guess technology regressed and suddenly its too expensive to build.

    Look at Germany shutting down its nuclear power, they ended up spending half a trillion dollars to keep the lights on due to their idiotic ideals; which would have funded the next 50 years of nuclear power. China meanwhile just pumps them out, and will replace Germany in the future, when their energy allows the cheapest production of goods and AI.

    https://www.reuters.com/business/energy/germanys-half-a-trillion-dollar-energy-bazooka-may-not-be-enough-2022-12-15/