[Whatnext]

Originally Posted by MorTech

The City of London/MI6 still has control of the traitor-class in DC but with SOFR destoying LIBOR and XRP/Stablecoin, they will loose. We (And Canada) will finally be free of the colonial slavers/Communists of Europe.

[Boilerman]

Originally Posted by MorTech

Yeah...It's not good but not a disaster. You want a criminal disaster, just look at the government-infested Sickcare industry.

Lucky for us, the USD is the cleanest shirt in the hamper...Or best horse at the glue factory

With Stablecoin, I suspect the USD will obsolete all other criminal fiat over time.

Give it 15 years, debt has doubled, interest takes a third of the federal budget and the smart money abandons the USD. The Govt fires up the printing press, inflation routinely runs at 10% and everyone runs for the hills. Maybe bitcoin becomes the new reserve currency.

[Pugchief]

Originally Posted by Whatnext

""This is the USA and not some third-world dump like Europe/UK/Africa.""

Some folks need to get out, travel, and find out how third world Europe/UK are.
In many respect they lead, and US follows.

The only thing they are leading is the race to collapse. Currency and society.

Talk about Good Luck to Us!

[Lottoguy]

Bitcoin is what tulips were in the year 1637. A fool and his money are soon departed.

[Boilerman]

Originally Posted by Lottoguy

Bitcoin is what tulips were in the year 1637. A fool and his money are soon departed.

Yes! A fool and his money (bitcoin profits) are soon departed (on his yacht to his private Caribbean island)!

[Nell57]

Originally Posted by Lottoguy

Bitcoin is what tulips were in the year 1637. A fool and his money are soon departed.

Here’s the difference. Tulips can be propagated indefinitely. Thousands of bulbs…..a wide number of varieties. It is more analogous to the US dollar. Need more? Print more.
Bitcoin is finite at 21 million. 13% have been lost due to mishandling by early investors.
400 years from now there will still be that same finite number of Bitcoin.

[Lottoguy]

Tax the rich more fairly and you can knock down the debt. It’s not rocket science.

[Lottoguy]

Epstein had a yacht and an island. How did that work out? The vast majority of billionaires made their money using illegal tactics.

[MorTech]

Originally Posted by Boilerman

Give it 15 years, debt has doubled, interest takes a third of the federal budget and the smart money abandons the USD. The Govt fires up the printing press, inflation routinely runs at 10% and everyone runs for the hills. Maybe bitcoin becomes the new reserve currency.

Like all fiat currency, the USD will eventually fail...But where will the smart money go if the USD is the global currency? To another criminal fiat currency controlled/issued by...Who? Bitcoin is the only alternative to criminal fiat...It has no issuer and has an open-source ledger and is capped at 21M and is indestructible and is global. Trade in USD - Save in Bitcoin.

[MorTech]

Originally Posted by Lottoguy

Bitcoin is what tulips were in the year 1637. A fool and his money are soon departed.

OK, Boomer.

[MorTech]

Originally Posted by Lottoguy

Tax the rich more fairly and you can knock down the debt. It’s not rocket science.

The upper 10% pay close to 85% of all taxes...How much more is fair? Take all their assets and you might be able to fund FedGov for 10 months...Then we all starve to death because those 10% produce about 80% of everything.

[MorTech]

Originally Posted by Lottoguy

Epstein had a yacht and an island. How did that work out? The vast majority of billionaires made their money using illegal tactics.

Can you give some examples? The ill-gotten fortunes are almost always created by government criminality - laws/bribes/money printing.

[MorTech]

The UK is a dump with a monopoly Forex racket and a 400 year old criminal banking system. That system is finally coming to an end and the GBP will collapse. Heck, even CAD should be more valuable than GBP in reality.

[Bill14564]

Originally Posted by MorTech

The upper 10% pay close to 85% of all taxes...How much more is fair? Take all their assets and you might be able to fund FedGov for 10 months...Then we all starve to death because those 10% produce about 80% of everything.

Your math is just a bit off.

The top 10% pay about 70% of income taxes. It's the top 25%, those making over $100K, that pay 85% of income taxes.

I'm confident we aren't going to starve because the upper 10% stop growing and picking food.

[MorTech]

Originally Posted by Bill14564

I'm confident we aren't going to starve because the upper 10% stop growing and picking food.

We will all be going back to subsistence farming and expect nobody to starve? Seriously?

Killing off the upper 10% would be similar to turning off the entire banking system. Care to make a guesstimate on the population of the USA after 6 months if either of those occurred? A lot of Americans have enough fat on them to survive maybe 3 months I doubt you will find someone willing to trade their can of Spam for a wheelbarrow full of paper with dead Presidents on them or a shiny gold/silver rock. Where will you find clean drinking water?

Don't forget, the upper 10% create most of the jobs...that create taxpayers.