Results 9,376 to 9,400 of 16066
Thread: Bitcoin....who's gotten into it?
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05-26-2022, 05:17 PM #9376
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05-26-2022, 05:18 PM #9377
in the worlds 5th largest economy(cali) they are now handing out more money b/c of gas prices.
but enlighten us on how the current central banking system gets out if this. they don't, they just kick the can down the road.
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05-26-2022, 05:21 PM #9378
Yes, I absolutely think otherwise.
I think the Fed can still improve, and has made improvement over the past decade+.
I think an inflation target slightly higher than the current 2% would be good, more like 3.5-4%, so the Fed has more room to lower interest rates before hitting the zero lower bound and having to rely on alternative policies.
I find the idea of nominal GDP targeting (NGDP) interesting.
I don’t think the system needs to be torn down and replaced, and I certainly haven’t seen any alternative put forward that seems like it would have any chance of being better.
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05-26-2022, 05:26 PM #9379
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05-26-2022, 06:15 PM #9380
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05-26-2022, 06:54 PM #9381
I always skip the ads so yeah, wasn't paying attention to that. Having 5% physical gold in your overall makes sense
I'm not advocating for BTC to replace the entire system. Never said that. The current system will continue to balloon and degrade on it's own. Everyone posting or viewing this thread will sail off into the sunset w the USD being the main system. As we speak other huge ass countries are backing away from the USD. That will probably continue. The future looks more segregated.
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05-26-2022, 06:59 PM #9382
If you meant "powerful" in the sense that "powerful" refers to computing completely divorced from utility, productivity and efficiency, then maybe you have a case. Otherwise, you are just glorifying the digital equivalent of a gigantic hamster wheel. Can this network sequence DNA and design drug molecules? Is it helpful with particle physics? Can it plot the weather? Can it defeat the reigning champion grand master in chess? Can this network even perform the computing tasks required to get the Apollo 11 to the moon and back?
"powerful computing"? WTF. Sonny, you done drank too much crypto kool-aid.
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05-26-2022, 07:06 PM #9383
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05-26-2022, 07:11 PM #9384
Why is Ethereum getting pummeled? Pharma bro doesn't like?
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05-26-2022, 07:12 PM #9385
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05-26-2022, 07:17 PM #9386
Good question. Are devs moving away? It's unclear eth will continue to have strength. Many other projects like algo, matic, cardano, Solana etc are trying to dethrone eth, w the upcoming move to proof of stake it's not clear what's up.
My gut is eth is going to survive and be a pillar, or not. MTM is a big eth guy I think, he can explain better..
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05-26-2022, 07:35 PM #9387
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05-26-2022, 07:52 PM #9388
Yep. buy low. Sell high. Argue about everything on tgr. Die. What a life.
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05-26-2022, 08:14 PM #9389
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05-26-2022, 08:32 PM #9390
It was an obvious joke Nancy.
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05-26-2022, 08:34 PM #9391
It was obvious - but not very good.
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05-26-2022, 08:38 PM #9392
It’s a joke but opinions differ on who is the punch line.
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05-26-2022, 09:03 PM #9393Is it radix panax notoginseng? - splat
This is like hanging yourself but the rope breaks. - DTM
Dude Listen to mtm. He's a marriage counselor at burning man. - subtle plague
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05-26-2022, 09:24 PM #9394Is it radix panax notoginseng? - splat
This is like hanging yourself but the rope breaks. - DTM
Dude Listen to mtm. He's a marriage counselor at burning man. - subtle plague
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05-26-2022, 09:25 PM #9395
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05-26-2022, 09:26 PM #9396
Lol
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05-26-2022, 09:28 PM #9397
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05-26-2022, 09:28 PM #9398
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05-26-2022, 09:31 PM #9399
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05-26-2022, 09:36 PM #9400
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