reading the timeline and most of you still don’t get it
crypto changed forever last night
we’re entering a period the likes of which has never been seen before. anything goes
bigger than 2017 ico bubble
i don’t care if you’re happy about it or not. it’s happening. adapt now.
We relocated our family to Indonesia, and we’ve found the Indonesian people to be some of the friendliest in the world. The country's motto, "Unity in Diversity," truly reflects its culture. If you reciprocate this friendliness with the locals, you're sure to have an amazing experience. Unfortunately, some Russians here are gaining a bad reputation among locals, likely because they don’t always embrace this approach.
Life in Indonesia can be quite comfortable, especially if you’re able to generate foreign income. However, one drawback is the timezone, which isn’t ideal for connecting with much of the Western world. That said, I highly encourage you to give Indonesia a try—but please, remember to give back to the local community.
When this cycle is over and I've taken profits, I'm letting @joemccann manage some of the funds. I will literally trust this guy with my money based on his track record.
I want to talk more about systematic racism in Malaysia because it’s something that really bothers me. What frustrates me the most is how many Malays, being majority Muslim, seem to overlook it. Islam teaches that everyone is equal, yet racism is literally written into the constitution. A lot of Malays seem to ignore this instead of facing it head-on.
Systematic racism in Malaysia is mostly tied to the Bumiputera (sons of the soil) policy. It was created to give an advantage to the Malay majority and other indigenous groups (the Bumiputera) over others, like the Chinese and Indian minorities.
What makes Malaysia stand out is how openly these race-based policies are embedded in the law. In Western countries, while systemic racism exists, they usually avoid putting racial preferences directly into their legal systems. Instead, they go for things like diversity initiatives, which may not always work but at least aren’t as blatant as Malaysia’s approach.
Some clear examples of how Malays benefit from these policies include a quota system for:
- Civil service jobs
- University admissions
- Scholarships
- Business licenses and permits
- Land ownership for certain types of property
On top of that, Bumiputera get perks like property discounts, business licenses, and priority access to government contracts. And that’s just scratching the surface—I’m not even diving into the full business implications here.
What really gets me is how many Malaysians seem totally fine with all this. It feels like there’s this shared mentality that just accepts these inequalities as normal, which makes it even harder to question or change anything.
Agree on almost all your points. Malaysia was on the short list for us to move our family. However, as we visited more often and talked to the locals, the dealbreaker for us was the systematic racism. The system is meant to favor the Malays (over Indians & the Chinese ethnicities that also make up Malaysia) and in our opinion, reflected a lack of tolerence for others. An example is that schools are mostly segrated. It's something we don't want our kids growing up in.
@theunipcs Really good points, especially on SHIB temporarily flipping DOGE last cycle. My bigger take away from your reply is that mind share > unit bias, hence the relative performance we're seeing in DOGE lately.