Legacy is more than transferring wealth; it is transferring the knowledge, principles, and opportunities that created that wealth. Money without meaning can disappear within a generation. However, wealth combined with education, values, and intention can last generations and expand beyond the original creator.
@dotkrueger All he has to do is do nothing and pay like clockwork and the free market will stabilize the price. Just let it work. His balance sheet is fine.
NEW: Illinois Governor Pritzker has signed a 0.2% tax on crypto transactions into law including transfers between personal wallets, with the Crypto Council for Innovation calling it "the most punitive digital asset tax in the country."
@Budgetdog_ I’m thinking the same but too far ahead of you to make the shift. I stoped funding the ESA and went to a custodial brokerage. Don’t like the 529 investment limitations.
Global Base Money Update #31 (2025 Q4).
Here we are from end of last year, Dec-2025:
1⃣ Gold: $26.1T
2⃣ Chinese yuan: $5.7T
3⃣ US dollar: $5.4T
4⃣ EU euro: $5.1T
5⃣ Japanese yen: $3.8T
6⃣ Silver: $2.4T
7⃣ #Bitcoin: $1.8T
@jtevelow Let’s keep working to build a better one. There’s still hope in the character and will of many people building for the future with faith and endurance.
Analysis is sound. The real truth is once you open the door to development of is diesels congress will pull the funds for nuclear subs reasoning “Why buy one when you can get 3 or 4 for the same price?” For the Navy that’s a disaster in forward presence so we just don’t build them.
And if diesels were in the inventory sailors would struggle to maintain nuclear proficiency over a whole career. Staying all in on nuclear power is much more efficient for the navy in manpower, logistics and forward presence without the need for remote bases and fuel problems.