Black Monday

[Gunner]

Completely agree, and I know nothing about it. I remember back in the 1990s watch a house being built around the corner from my place and thinking, genuinely, that the guys who figured out that you could build a soundly built house by just plastering over the wooden framing and polystyrene insulation must be very clever and have a lot of data to support that, because I would never have thought it would work. I remember in the early 2000s listening to an expert on the radio explaining how the internet had changed the game and that fundamental valuation methods were completely obsolete and I remember, genuinely, thinking how out of my depth I must be to not see that. Now, I don't care so much how clever people sound.

It's always different this time around. Natures law of investing doesnt apply to cryto because it's different this time 🙄

[Rawz]

Bitcoin is completely decentralized. In a age of constant money printing/ currency debasement it's relevance is more and more important.

[Gunner]

Bitcoin is completely decentralized. In a age of constant money printing/ currency debasement it's relevance is more and more important.

Its artificial gold and produces nothing but its Ok, its decentralized.

[Bjauck]

just like all those kiwi's piling into the greatest ponzi of all ..... the housing market lol

At least land and houses actually have dimensions.

[Bjauck]

Nigel Farage, the prominent former Brexit-backing British politician, has claimed New Zealand is launching a "new close alliance" with China and leaving the Five Eyes, despite our Foreign Affairs Minister and Prime Minister saying otherwise.

https://www.newshub.co.nz/home/polit...otherwise.html


well at least one good thing be they will introduce chinese into the school system . more relevant than some other languages

Is Farage a confidant of NZ Labour Party and Chinese Communist Party officials?

[Rawz]

Its artificial gold and produces nothing but its Ok, its decentralized.

Well I guess some people want a hedge against currency debasement and some people don't.
Each to their own.

[Biscuit]

Well I guess some people want a hedge against currency debasement and some people don't.
Each to their own.

But there are lots of ways to protect yourself from inflation: shares, property and commodities come to mind?

[Rawz]

But there are lots of ways to protect yourself from inflation: shares, property and commodities come to mind?

You still holding the currency

[Aaron]

Nigel Farage, the prominent former Brexit-backing British politician, has claimed New Zealand is launching a "new close alliance" with China and leaving the Five Eyes, despite our Foreign Affairs Minister and Prime Minister saying otherwise.

https://www.newshub.co.nz/home/polit...otherwise.html


well at least one good thing be they will introduce chinese into the school system . more relevant than some other languages

What a load of s*it why do you even post it?

[causecelebre]

Bitcoin is completely decentralized. In a age of constant money printing/ currency debasement it's relevance is more and more important.

Except it's not. The vast majority of BTC is mined by a few, thus control is effectively centralized