I bought Bitcoin today.
And I hope it goes MUCH lower, so that I can buy more, cheaper.
You don't have to agree, it's just what I am doing.
The cheaper, the better.
@profstonge Possibly governments should adopt the Singapore model. Politically and socially pragmatic and do golfers should get their head out their own arse as free market economics will let people decide for themselves
🚨Just imagine if all Gulf countries, plus America and Israel join hands together and strike the terror regime in Iran at once.
It will be the end of the Mullahs.
As long as some countries see this as “Israel’s war”, the Mullah regime will survive.
FINISH THE JOB
FREE IRAN
Remove your emotions and answer this question.
Do you think that the bitcoin high is in forever?
If you believe that bitcoin will eventually make new highs, then you currently have the opportunity to buy at a 50% discount to the recent price.
Solution is easy. Reduce company tax to 0% there is no incentive to move capital offshore if it treated well in Australia and reduce government spending in fact reduce the whole government. Government spending is the real tax rate on all Australians and we do not want more government we want less.
When you study things that have come back from 50% drawdowns multiple times, you realize it's the best stocks on planet earth. It's AMZN, it's MSFT, it's Berkshire. Only stud things come back 3 or 4 times & that's why I gave Bitcoin respect.
@EricBalchunas
What Bitcoiners do not talk about enough? What does Bitcoin do that Fiat and Gold does not. While I can not control Bitcoin with my node I can see wheee Bitcoin is created I can see where it is going. This helps create TRUST. Something that is impossible in FIAT and opaque with Gold.
Bitcoin is suffering because too many Bitcoiners have abandoned every principle they once claimed to stand for, and now bootlick every conman or politician who gives them even a shred of attention.
Every politician has rugged them so far. Every single one.
And still, the next fraud will show up tomorrow, say a few flattering words about Bitcoin, and the same fools will fall for it all over again.
A farmer dies in April 2026.
His son inherits the farm. The farm has been in the family since 1847.
The farm consists of: 300 acres of grazing pasture, a farmhouse built in 1892, a barn, a milking parlour, two tractors of varying ages, a Land Rover that runs about 70% of the time, and a herd of 180 Hereford-cross cattle.
On paper, the farm is worth approximately £3.2 million. This is because land near him has been bought recently by a London hedge fund looking for carbon credits, which has dragged the comparable value of every field within forty miles upward to a number nobody local can justify.
In cash, the farm produces a profit of about £28,000 a year in a good year. In a bad year it loses money. The son also works as a fencing contractor three days a week to keep the operation viable.
The inheritance tax bill on a £3.2 million estate, even at the reduced 20% rate, comes to approximately £140,000 after the increased threshold is applied. The son does not have £140,000. The son has never had £140,000. The son has £4,200 in his current account and an overdraft.
The son sells 60 acres to a developer to pay the tax. The developer puts solar panels on the 60 acres. The remaining herd cannot be sustained on the reduced land. The herd is sold. The barn becomes a holiday let.
A different family eats Brazilian beef this Christmas without knowing why the price went up.
The Treasury collects £140,000.
The land never produces British food again.
Only until the train is going past your face and you know if you reach out you will lose your arm or worse be dragged to your death. And only after a minute do you realise you were holding your breath and once it’s past everyone crowded along the track spontaneously starts cheering and clapping themselves for living the experience. Then you get it.