Damus

Recent Notes

Lyn Alden · 143w
I’ve always been amazed that people go cashless, meaning they literally walk around and even travel without cash, and just rely on cards to pay. Credit and debit cards are centralized and can be sh...
BforVictory profile picture
Agreed. I use cash for as much as I can in non-online interactions. Parking meters where you can use cash are quickly disappearing here in the UK, which is a major bug bear of mine. Even worse, they require you to pay online by downloading an app. Even card payments at the machine are not allowed (or rather, there often is no machine).

It just shows how you only start to miss something once it is taken away from you.

Before I discovered Bitcoin I was one of those people who thought cashless transactions are a great idea. Ironic really that Bitcoin enlightened me on this point but such are the rabbit holes that it sends us down.

To conclude - use cash and Bitcoin wherever possible.
ODELL · 149w
investment real estate is a shitcoin - can be rugged by local governments incredibly easily - lack of liquidity, hard to buy or sell quickly - overvalued due to decades of people trying to escape the...
BforVictory profile picture
Investment real estate has become even more of a shitcoin in the UK recently due to increasingly onerous government legislation relating to the buy to let market here. Huge numbers of landlords are selling up as it is just not financially viable or worth the hassle any more.

A useful reminder that if you are relying on the government not to rug you of your investment assets, then you can never rely on this where the asset you are holding is at their mercy.

The only assets that you can rely on in any real sense are the things they cannot take from you.

Obviously Bitcoin held securely and privately tops this list.
miljan · 150w
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