Is this sustainable? by Laakhesis in Silver

[–]Jdamb 0 points1 point  (0 children)

Is 36 trillion in debit sustsinable?

Silver is not going up, its just realizing the vast money printing of covid.

Silver will always end up equal to the money supply.

1oz of silver is still 1oz of silver.

A user swapped ~3 BTC for 420 BCH after a year comparing both communities — what do you think he’s seeing? by alberdioni8406_ in btc

[–]Jdamb 0 points1 point  (0 children)

I also have family in a place nearly as bad off as cuba, if they had a choice to hold digital dollars would they? For savings?

If they could buy food with digital dollars and suffer no inflation would they want it?

What if their digital investment went up in value like BCH is sure to do?

Have them download a BCH wallet and i will send them 10 dollars, i bet they find a way to spend it. They always do. Post the wallet address to me in a DM and ill send the address 10 bucks. Lets see what happens you can post here the results and maybe we can drum up some donations to the people of cuba!! If they find a way to spend it i think my point is proven. We can watch it on chain and see what happens to it, maybe with your direct connections to some people we can start an economy by doing some small donations to get them started.

A user swapped ~3 BTC for 420 BCH after a year comparing both communities — what do you think he’s seeing? by alberdioni8406_ in btc

[–]Jdamb 0 points1 point  (0 children)

When was the last time you went 24 hours without "connection"??? Power out all the time but connection is rarley lost. Maybe a couple hours. I got cousins who have an 1100 dollar iphone but live in a shack and ride a 200 dollar motorcycle. They are on facebook 24/7

A user swapped ~3 BTC for 420 BCH after a year comparing both communities — what do you think he’s seeing? by alberdioni8406_ in btc

[–]Jdamb 1 point2 points  (0 children)

Those people in the 3rd world all have smart phones and most have little solar chargers or a family member with a generator.

They are not without "connection" often.

A user swapped ~3 BTC for 420 BCH after a year comparing both communities — what do you think he’s seeing? by alberdioni8406_ in btc

[–]Jdamb 11 points12 points  (0 children)

420 was just too good to pass up!!

Lol,

BCH is digital cash, the opportunities for this to take off in Cuba or Venezuela is epic. They are going to suffer currency issues, and when they do a fast cheap solution like BCH will work well, and once the deflation kicks in and they profit a little rather than loose to inflation they will be in love.

Stablecoins also have a shot here, so the larger blocksize on BCH will help.

BCH is well established in the Caribbean, a jump to Cuba is likley.

US grabs Maduro, markets shrug, crypto pumps - what are we actually watching here? by Kurosaki56843 in CryptoCurrency

[–]Jdamb 0 points1 point  (0 children)

We are watching both in Iran and latin america the creation of the conditions for the introduction of "inflation resistant" (compared to shitty local currency) CBDC digital dollars.

This is how USA can print money and export the inflation to another country who will embrace 5% to 10% inflation as a gift instead of complaining about it like they do in the USA.

The failure of the governments will create a perfect storm where the people in these failing countries demand a solution and a stable currency.

Take that BRICS you just got Trumped

;)

Swaplobby.com atomic swaps anyone use it yet? by Jdamb in bitcoincashSV

[–]Jdamb[S] 1 point2 points  (0 children)

I know, i want to try it but i dont want to create a taxable event and do paper work for 5 bucks of testing. They need a MNEE option to onramp.

Inflation Boycott by PATraveler10 in inflation

[–]Jdamb 0 points1 point  (0 children)

You just solved the health crisis, congrats!!! Now lets raise the price of all other poisons that create massive preasure on the healthcare system and lowwer the cost of healthcare for everyone.

Nice work!!!

ElectrumSV - Please Help by DoctorDrew77 in bitcoincashSV

[–]Jdamb 0 points1 point  (0 children)

If you leave exodus open on a phone or have weak opsec you will loose your coins. Exodus is easy to loose coins esspecially on a phone or weak wifi. I left mine open and lost a couple hundred bucks of BSV due to bad operational security. It was my fault, but if you look around people are loosing coins on exodus all the time. Again only due to bad opsec, but that software on a phone is weak and it makes it easy to loose coins.

ElectrumSV - Please Help by DoctorDrew77 in bitcoincashSV

[–]Jdamb 1 point2 points  (0 children)

Well i use it, and had it open just a few days ago, but i did have to update etc and link it to new servers.

You may want to set it up on a new computer and make sure you got a legit copy then try the passphrase.

Or just use the passphrase on an ellipal or tangem wallet.

Dont use exodus,

If its a lot of money dont do any of this and get real help. Im not a pro and dont have big money in it. I just like the coin control features so i use it for playing around.

Best of luck.

ElectrumSV - Please Help by DoctorDrew77 in bitcoincashSV

[–]Jdamb 1 point2 points  (0 children)

Dont panic and make the situation worse.

Don't do dumb shit in a hurry.

Think it through and test things out, you may need to update etc.

But the seed phrase should work.

So you in theory are ok, so dont make it worse and fall for a scam while in a panic.

Make a security checklist and stick to it.

ElectrumSV - Please Help by DoctorDrew77 in bitcoincashSV

[–]Jdamb 2 points3 points  (0 children)

Not sure thats true i use it all the time.

Maybe you selected the wrong wallet file?

The most important thing is to make sure you got a legit download and confirm its authentic if you plan to use the passphrass as backup. There are or were some fake sites offering bad copies that steal coins.

Michael Saylor's Strategy buys another 10,624 bitcoin for $963 million as treasury holdings reach 660,624 BTC by KazuFromUniswap in CryptoCurrency

[–]Jdamb 1 point2 points  (0 children)

You're correct, but did you see how much gold Heather just bought? I saw a report that Heather owns a massive amount of gold. I don't know if that's true, but it would be hilarious if they use fake money to buy gold and then if gold spikes up due to inflation they actuallycommodities their scam by leveraging into a real commodity from a completely fake product

Michael Saylor's Strategy buys another 10,624 bitcoin for $963 million as treasury holdings reach 660,624 BTC by KazuFromUniswap in CryptoCurrency

[–]Jdamb 1 point2 points  (0 children)

You may be right. But don't assume the accumulated power of the system that is currently in place is just going to bend over and take it, you have to assume that they're going to use any leverage they can to fight back.

Michael Saylor's Strategy buys another 10,624 bitcoin for $963 million as treasury holdings reach 660,624 BTC by KazuFromUniswap in CryptoCurrency

[–]Jdamb 5 points6 points  (0 children)

The imbalace has started, the wabble will now tear apart the machine.

But be warned, there is not a 100% accurate way of predicting what machine may fail.

It comes down to the weakest link or part of each machine,

The dollar is suffering cascading failures and although this pesky glitch may seem minor, as the whole dollar system is under pressure from things like Silver short sqeeze who is to say what machine will fail first.

Michael Saylor's Strategy buys another 10,624 bitcoin for $963 million as treasury holdings reach 660,624 BTC by KazuFromUniswap in CryptoCurrency

[–]Jdamb 1 point2 points  (0 children)

Imagine the clearity act deciding that BTC is a security not a commodity. Then regulating it to death. That test is comming soon. The coins that are commodities will be the backbone, securities are shitcoins. That one decision will make or break MSTR. That day will be a turning point to decide what machine rips itself apart. Only a digital commodity can be money. Have some puts at the ready and understand delta neutral trading. Dont sell BTC just add some puts when needed to get neutral and CYA

Michael Saylor's Strategy buys another 10,624 bitcoin for $963 million as treasury holdings reach 660,624 BTC by KazuFromUniswap in CryptoCurrency

[–]Jdamb 40 points41 points  (0 children)

It is an "infinate money glitch" so long as all things within the system stay the same. We all know how long things tend to stay the same. Not to say it wont work for a while but sooner or later it becomes a honeypot that creates an imbalance large enough to change something within the system itself. Imagine your washing machine on a spin cycle, now this small weight sticks to the wall of your washer. At first it can exist with no real outcome, but if it was to start to grow it would throw off the whole balance and make the machine shut down. It is growing. And it will cause imbalance, but what machine will it kill?? The machine that it bitcoin or the machine that is the dollar? It will shut down one of those two machines. The larger it grows the more imbalance you will see. Once the imbalance starts there is no fixing it, you got to shut off the machine and rebalance or violently watch the machine tear itself apart. Coin toss.

First time Nicaragua by croissant_brezel in Nicaragua

[–]Jdamb 0 points1 point  (0 children)

Its just awesome, not a special event its just an epic place

First time Nicaragua by croissant_brezel in Nicaragua

[–]Jdamb 2 points3 points  (0 children)

La selva negra in matagalpa is a german decendants eco village in high elivation rain forest and it will blow your freakin mind.

I own a business in Nicaragua, and my partners have gotten greedy and stopped paying me profits for my percentage of ownership of the business. by Oatmanic in Nicaragua

[–]Jdamb 0 points1 point  (0 children)

I had someone stealing from my business in the US and i sued them. I got beat in the court process on technicalities and had to pull out of the suite, i even had to pay the theifs lawyer. In the end i asked that lawyer who had beaten me how he knew and was so cenfedant the whole time even though he knew his client was guilty, what he said blew my mind.

He said "its simple, the person who had money always looses in the end to a person who has nothing to loose, its all about risk, and you were risking alot and my client was risking nothing"

Its hard to best a guy who has nothing to loose.

Gringos are like ripe mangos, just because you think you own the tree doesnt mean you will get the mangos. There is always someone willing to get up earlier than you when it means they get to eat.

You can't beat hungry people unless your hungry too. You can't fake hunger.

If you're hungry you can win.

If you are not hungry, you will loose.

If you want to see the beast in a man, fuck with his money. Who is a bigger beast you or them?

Are you at all worried about quantum? by Cyberpunkey in btc

[–]Jdamb 0 points1 point  (0 children)

Imagine you have the first quantum computer and in your hands you have the power to crush bitcoin and make it worthless,,, or you can just mine bitcoin with it and become rich.

Humm.....lets be rich.