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Tron last won the day on January 25
Tron had the most liked content!
About Tron
- Birthday 07/25/1968
Profile Information
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Location
Central FL
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Interests
Trader of stock index and commodities futures, options and equities. I take profits for a living. Recovering physician.
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Tron
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Tron started following Can we contribute to server cost using WU or something? and New tattoo
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I am a Bitcoin maximalist. All other crypto are shitcoins. Read the book "The Bitcoin Standard" if you really want to understand why Bitcoin is better than gold. I own gold too,(and silver) but it is definitely not a finite asset like Bitcoin is. If the price of gold spikes to $3500 an ounce, gold miners will ramp up production..not to mention there are technologies under development in ocean floor mining that will allow for significant increase in gold production. Bitcoin, however, has a fixed distribution schedule and a fized cap of 21M whole coins. We are now in fiscal dominance...what the Fed does going forward is becoming more irrelevant as each day passes. They have no control over the long end of the yield curve. If the Japanese start to unwind the yen carry trade in a serious way, the US Treasury market will come unhinged and long rates will spike. If you are in a traditional 60/40 portfolio, nearly half of your capital will get rekt. Now that the SEC has opened the door to spot ETFs, Bitcoin going to $200k minimum by the end of 2024. Not financial advice/DYOR.
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Here's Dave Ramsey explaining the difference between bitcoin and fiat currency. RPReplay_Final1711280952.mov
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Tron reacted to a post in a topic: On the mend!!!
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Favorite slide from Michael Saylor's speech at Bitcoin Atlantis. The sooner you can move through the progression, the better chance you have at protecting your wealth and purchasing power.
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"US national debt rising $1tn every 100 days ($32tn to $33tn took 92 days, $33tn to $34tn 106 days, $34tn to $35tn will take 95 days)" - BofA
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Tron reacted to a post in a topic: Member Spotlight- Icequeen>XI<
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Inflation is currently about 12% if you use the same CPI basket the US Government used in the 1980s to calculate it.
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Price of bitcoin denominated in long duration US Government bonds. Get off zero if you have no bitcoin.
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Can we contribute to server cost using WU or something?
Tron replied to Marshall's topic in General Discussion
You should set up the ability to accept bitcoin via the Lightning Network. Very low fees and nearly instantaneous transaction.