Rocky

Musician · Father · Self-employed · Redskins fan · Heretic · AI safety
Here to follow thoughtful accounts and talk about your ideas if they spark something.

[Rocky @GeneralRockTron]

@EneaDenkt Well, if you are gonna buy it, you buy it when it drops back down to 50 K. Then you sell it at the top or as near to the top as you can predict next cycle. Take your gains then and then wait till it crashes down to the very bottom of the cycle again and do it all over.

[Rocky @GeneralRockTron]

@_KennyLauwers_ @EneaDenkt Love it!

[Rocky @GeneralRockTron]

@Koratek_x @AshCrypto 50K

[Rocky @GeneralRockTron]

@AshCrypto “For a while, it convinced almost everyone this cycle was different.”

Chest because you were clueless, doesn’t mean almost everyone else was.

[Rocky @GeneralRockTron]

@HumanitasPrima @PeterDiamandis I’m ahead of the curve personally. I’m ready for almost any non “AI goes rouge and kills us all” scenario. My plans don’t include any UBI salvation. Nobody’s personally plan should include that. The odds aren’t in our favor for that.

[Rocky @GeneralRockTron]

@HumanitasPrima @PeterDiamandis We have to realize there is a real risk that the UBI doesn't work out. That should give us pause. I mentioned welfare for comparison. UBI would be like living on welfare, which is barely enough to survive. Who wants to live like that?

[Rocky @GeneralRockTron]

@HumanitasPrima @PeterDiamandis I understand your point. Count me as a one who is highly skeptical that the UBI they create will A) work and B) satisfy the vast majority of US workers. It will be more like mass welfare w/less money for all. Certainly not the economic “riches for all” being promised. Right?

[Rocky @GeneralRockTron]

@MikeDKirby @itsolelehmann It's easy for guys like Bezos and Musk to talk this way about money, income and job loss. No matter what happens, they're going to live a much richer life than anyone else. They're out of touch with normal people.

[Rocky @GeneralRockTron]

@pozo70 @itsolelehmann You have to start thinking like a business owner, not an employee. And you need to do that right now. Nobody is going to give you money in that AI dominated world. You need to be someone who uses it to create your own cashflow.

[Rocky @GeneralRockTron]

@insulince @HumanitasPrima @PeterDiamandis That would be closer to reality than the other way around. If you look at the entire history of humanity and how we have treated each other, that is the ONLY conclusion based on historical facts. The UBER rich care for their own. Period. Why would this change that?

[Rocky @GeneralRockTron]

@HumanitasPrima @PeterDiamandis They can't explain what this UBI would look like for the entire world population or even how it would actually work. IF that is the solution, then let's see the actual plans to pull it off. Until then, It's a dream. Not a realistic path forward.

[Rocky @GeneralRockTron]

@PeterDiamandis That's the deal they're attempting to sell the public. But if they can't deliver on it, it IS a threat. Can they create a universal basic income for the entire worlds population? And what would that look even like? The American welfare system?

[Rocky @GeneralRockTron]

@AshCrypto For a guy with “Crypto” in his name, I’m surprised you didn’t see this coming.

[Rocky @GeneralRockTron]

@AshCrypto When it hits 50K in the Fall, will you be shocked?

[Rocky @GeneralRockTron]

@BitcOnlys You buy at the bottom of the bear market you sell at or near the top of the of the bull run. Then you do it all over the next cycle when BTC hits 50K buy more and hold it.

[Rocky @GeneralRockTron]

@middle_class_us Stop telling people anything!

[Rocky @GeneralRockTron]

@AshCrypto The trick is to buy it when it’s low and then hold onto it until it hits all time highs again next cycle. Anybody who’s been around crypto for more than two cycles understands this and wasn’t buying at the top.

[Rocky @GeneralRockTron]

@skumWgmi Move

[Rocky @GeneralRockTron]

@scottsantens Now imagine trying to do UBI across the entire world because of AI destroying all of our jobs. It’s just never gonna happen. It is not possible.

[Rocky @GeneralRockTron]

@scottsantens @SenSanders One more thing we “need?” that will never EVER happen.