Thus, for the purpose of saving long-term, there really is no less speculative asset available to you, simply because it never existed before. If you buy (or earn) 0.01 BTC today, you can know with reasonable certainty that you will have 0.01 BTC in 10, 20, or 50 years from now, and that those 0.01 BTC will still be the same share of eventually issued BTC units that they are today.
As for storing the fruits of your labor in something in order to access the stored value in the future, *any* asset you store it in is speculative, because you're making a bet on the future of it. Almost all assets by themselves are *more* speculative than bitcoin for this purpose, and most options are likely less stable into the future.
The idea that bitcoin is highly speculative doesn't make any sense when you think about it for a moment.
It is bitcoin day trading that is highly speculative, same as any other trades for the sake of trading profit.
As an asset by itself, bitcoin is the *least* speculative asset that humans have ever seen. Every person on Earth not only knows exactly how many units there will be and when, but can even validate this themselves on something as simple as a Raspberry Pi.
Fun fact: when we opened our business with 180K EUR in seed funding, it took us 2 months, and ultimately a reference from our investor, to even find a bank that would give us an account at all.
Our Dutch bank has just notified us that they're going to unilaterally "end our business relationship", without even giving a date. They claim we do not have operations in NL, which grants them the right to cancel the account.
We are a registered company with KVK, and we file accounts, pay taxes, and run the entire business from the Netherlands. The bank was looking for an excuse to be able to kick us out, because we're not borrowing their money, or giving them enough to speculate with.
This is also the 2 years anniversary of the arrest of Ola Bini in Ecuador, brilliant researcher and programmer of privacy-enhancing software.
Ola was jailed 70 days for allegedly "hacking gov servers"
(lol) with risible pseudo-evidence (which books and a high-number of USB devices he owned..).
He is in legal limbo, with no formal accusation ever placed and hearings always postponed.. while banned from leaving Ecuador, who just elected a right-wing banker as new president. :(
Brilliant thread about natural quasi-monopolies there:
... I shall name this climbing bike the YOLO Cabrón.
I ordered a Yoeleo frame, which they say will be produced and sent from China in 3 weeks already. Shimano components are all sold out (which is the main reason that complete bikes all have crazy delivery ETAs atm). So even though it'll make things incompatible between my road bikes, I went for SRAM Force eTap AXS instead, which has some nice benefits actually (much less hassle to install, as well as wider gear range).
COVID-19, vaccination results
Just in case the other threads are lost on the reader of the original post: the quote is pasted a bit out of context and is not talking about current results, but future results. They expect more vaccinated old people to die than unvaccinated younger people at some point in the future.
COVID-19, vaccination results
British government report:
> The resurgence in both hospitalisations and deaths is dominated by those that have received two doses of the vaccine, comprising around 60% and 70% of the wave respectively. This can be attributed to the high levels of uptake in the most at-risk age groups, such that immunisation failures account for more serious illness than unvaccinated individuals.
> Pager, a nine year old Macaque, plays MindPong with his Neuralink.
Maybe they were jealous of Telegram?
The Shitcoin Ecosystem is Moving. To #signal.
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