Has anyone calculated the energy and the CO2 the existing banking system uses? The buildings, the paper, the bankers themselves?
Maybe Elon should not accept Fiat for cars?
#bitcoin
People who don't invest in #Bitcoin should be prepared to lose all of their money due inflation. All central bankers know this. Few understand this.
https://t.co/TLQi4eXToV
Nikolai Kondratiev was a Russian economist & proponent of the New Economic Policy best known for the business cycle theory known as Kondratiev waves. Very accurate. Winter is upon us.
Q: How do you pay off the loan?
A: Take out an additional collateralized loan and roll it over (with less BTC for same amount of USD, or more USD for same amount of BTC), or the investment you made cashflows and you can pay it that way.
Position sizing is key, don't get rekt.
PRESIDENT BIDEN WILL PROPOSE A CAPITAL GAINS TAX AS HIGH AS 43.4% FOR THE WEALTHY.
Solution: Buy BTC, never sell for fiat. Strategically collateralize a small amount of BTC for USD loans, & invest/spend debasing fiat as your collateral appreciates in value.
Never pay taxes.
In 1995, @elonmusk wanted to work with an Internet company, he applied to work at Netscape, sent his resume, tried hanging out in their lobby, but he was too shy to talk to anyone. So he started his own Internet company (Zip2) as he wasn't able to get a job anywhere.