yield on 10 yr bond

It's like buying "paper" gold.
With that you at least get a piece of paper saying what you have... And you can hold that paper.

You cannot hold a Bitcoin... And if one wanted to sell @ $50k, what do they do?
Buy gold or trade for fiat?

Gold isn't worthless. It is a physical element used in many applications. A virtual "coin" that uses 4% of the world's electrical output for mining what is essentially a video game is worthless in the long term.

Damn, if I had a magic genie, thats the exact life situation that I ask for! That is the best possible situation to be in.

Not true. You are spewing nonsense.

But but but but... the unhackable blockchain!

Oh, it has been hacked.

OK. Pics are up.

Wow. Another one that doesn't just talk?
You are rare.



An older image as my stuff is not easily accessible.
(They deleted the "white privilege bars" thread.
300 grams in this alone. Got it before it went into hiding.
[imgur] [link to imgur.com (secure)]

DAMN, I WANT YOUR LIFE!! Can we trade lives? PLEASE?

In all seriousness, WELL DONE man! You did f*cken awesome!

the bitcoin's stay on the blockchain, which is distributed across the planet and a copy of this ledger would survive all sorts of disasters.

in the real world, you hold the keys to those bitcoin, unless your coins are on deposit / in the custody of a third party / centralized exchange / custodian.

those keys can be backed up to paper / metal / stone / composite, making them resistant to damage from EMP's / fire / flood / etc,

clearing / settling "paper bitcoin" into "physical" by withdrawing from an exchange, is much quicker / easier than doing so with "paper gold" contracts,

and with transparency / accountability of the public ledger, these exchanges reserves are largely open to the public, makes it much more difficult to run an excessive fractional reserve / cup&ball accounting they can do with all that physical in the vaults / reserves,

how do you sell bitcoin at $50K?

you move it to an exchange, sell it through the order book, and withdraw the USD from the exchange to your bank account.

alternatively, you get in touch with a local broker, you can arrange a more private trade, which may include a cash / fiat in person deal, or again, just USD wired to your account.

much easier / quicker / safer / cheaper to liquidate your BTC into USD than it is dragging your bullion out of the safe...

BITTULIPS TO THE MOON BABY!!!

Edits made. You'll like the last one. Get prepped. Spiritually, Financially and physically. There is a lot of evil out there.

Here I was coming into a finance thread to drop some education and imagine my surprise when I see that GLP salt has added another 10k to the eventual bitcoin ATH!!

Thank you. I've had some good luck but I also did my part. Single income. Wife stayed home. We're here on 30 acres. Raised 3 kids here. At almost 60, I am all debt free. I buy my vehicles with cash (I drive OLD vehicles). I'm not here to brag to say, "Look at me!". I'm here to show you that one income and consistent hard work can get you were you need to be. Any of you can do this. I'll retire in a few years before I'm 65 and watch it all burn down. I am miles ahead of most because of one thing: I never use credit unless I absolutely have to. The system will bleed you dry. I made the system work for me instead of letting the system work me over.

Remember less than a year ago when BTC was under 10k for months and you all probably were posting in the same 'bitcoin is a scam' threads. You'd be 5x up by now.

Bitcoin sucking money out of gold and silver ETFs and stocks, in my opinion, they keep going down when they normally would be going up.

I believe ya now. A lot of people talk shit here as was evident in the Texas thread last month.

I do not own any weapons
I buried them in a Rubbermaid container, and everything got rusty so I threw it all in the garbage.

I for one, hope gold crashes.

And when Isreal pulls another 9/11 you'll have shit.

The Fed wants to sell bonds now, because half the value of the bond is going to be gone by the time they have to pay.

You can give me 10k now, ill pay it back in 10 years when it has half the buying power.

No... You are only up when you sell off.

Otherwise you are sitting on a digital receipt of invisible "currency"..

Very wise indeed. Again, a rarity here.

Housing crash coming, and a lot of people are going to lose a ton of money in crypto.

You can't hold a stock you fucking parasite

I have 40 acres and a mule

Once again, f*cken AWESOME man! Do you happen to invest in the stock market? Because you are exactly the type of person who I would pick the brain of to get stock suggestions from!

Its part of it. But, they mostly use paper gold and paper silver to "pump and dump" to keep physical gold and silver down. Gold and silver have been oversold. I'm told that gold is 150:1 and silver is over 100:1. So, in reality, right there with those fake vehicles, we're talking gold being 150x its actual price. The entire financial world is a fraud. Kind of like the voting system, maybe worse.

So salty. Nothing stops people from selling. Nothing stops people from SCALING in and out either. I've sold bitcoin for multiple x gains and at the same time still have holdings. MAGIC!

Where have I mentioned stock? It is just numbers on paper...
I am in that game too, but I never give advice to get into the market right now.
Metals on the other hand, are a different story.

"Davos, BTC..."

"The fuck do I want with that usb drive?"