‘Investing’ in cryptocurrency is a step towards financial degeneracy.
You can’t invest in it by definition. It’s a currency/scarcity asset, not an equity.
You can only speculate on its price compared to another medium.
@MurkaDurkah It’s a scarcity asset. Scarcity assets are volatile. See gold, silver, palladium, platinum
It allows you to move any amount of money in minutes without permission from a bank
Plus govt can trace every transaction
Being a public ledger makes it a failed currency
@btcanon24@schmidt1024 Inflation asymptotically goes to zero.
Tail emission will replenish lost coins to prevent deflation while giving continued incentive for miners to maintain the network.
With fixed supply, once its mines, the only incentive is massive fees for usage.
The bulk of the $XMR community won’t sell regardless of price action.
Fiat isn’t the end game for them.
They need magic internet money to conduct business.
$RBLX Earnings:
- Revenue: $1,359.6M, up 48% YoY
- Consolidated net loss: ($257.4)M
- Adjusted EBITDA : $45.7M
- Operating cash flow: $546.2M, up 121% YoY
- Free cash flow: $442.6M, up 103% YoY
- Bookings: $1,921.8M, up 70% YoY
- Average MUPs: 35.8M, up 88% YoY
“Our third-quarter results demonstrate the tremendous progress weʼve made toward our goal of capturing 10% of the global gaming market. Our platform and creator ecosystem are healthier than ever before, driven by broad-based strength, new viral hits, and our strategic investments in creator economics, platform performance, discovery, and the virtual economy. We are on track to expand age estimation to all Roblox users who access our communication features by early next year. We believe this initiative will establish a best in class standard for communication safety on social media and communications platforms,ˮ said David Baszucki, founder and CEO of Roblox.
@BarbellFi The only people that get offended by this are the ones that don’t have enough money to pay it off.
The cope with the logic of ‘invest the difference’ then go buy a $60,000 car and the newest tech slop costco has on sale that week.
I Bought $250,000 Worth of Physical Nickels
No, that’s not a typo.
That’s 5 million coins. 55,000 pounds of American metal stacked in boxes from a local bank vault — an asset the government literally can’t print anymore.
Most people would call it insane.
But let me explain the thesis.
Each U.S. nickel is made of 75% copper and 25% nickel, weighing 5 grams. That means every $1 million in face value equals roughly 100,000 pounds of metal.
At current metal spot prices, the melt value of a modern nickel sits around $0.043 – $0.047, depending on commodity fluctuations — or roughly 90–95% of face value. That means the U.S. Mint loses money on every coin it produces. They’ve tried to change the composition for years, but Congress hasn’t approved it yet.
So what happens when they finally do?
The old “real” nickels become the last batch of government-issued coins containing significant industrial metal. When that happens, they’ll vanish from circulation overnight — just like the 90% silver coins did after 1964. Those who held them saw a 10–15× nominal gain over the following decades as melt value outpaced inflation.
My $250,000 position, therefore, isn’t a “trade.”
It’s an asymmetrical bet that the U.S. Mint will eventually debase the coinage again, that metal scarcity and inflation will continue to erode the dollar, and that a bag of nickels will one day be worth more dead than alive.
Worst case? I still have $250,000 in legal-tender coins backed by the full faith and credit of the United States.
Best case? The melt value doubles, triples, or gets banned outright — which would make the existing supply finite and far more valuable to collectors and contrarians alike.
It’s not crypto, it’s not stocks, it’s not even silver.
It’s 5 million tiny claims on an industrial commodity the government accidentally subsidizes.
That’s deep value.
That’s the Nickel Standard.
@aincomeinvestor They do.
2nd nicest home in my neighborhood sold for $2.9MM
Guy has 2 10 year old Toyotas I saw him washing the other day.
The $3.7MM home has a 2004 Tahoe parked in the yard.
All the M Series, Ranges, Porsches, ets. are at the <$1.5MM homes.
Too late for the GTO pill.
High finance swallowed that decades ago.
The market ‘average’ outperforms the top 2%.
More GTO finance bros means less available edge.
When everyone plays GTO it reverts to a game of luck.
See poker.
Turns out you can’t find the Hitchhiker’s Guide to Anonymity on Google.
But Yandex will give you multiple links to it.
Privacy isn’t a crime. Here’s a link.
https://t.co/EdUW6CWIJd
What happened to The Hitchhiker’s Guide to Anonymity?
The website has been down for nearly a year.
It was one of the first ways I learned about XMR and now it’s gone.