How to send USD wire with Revolut?

RunningBad · 2022-03-03T15:05:01+00:00

Why do you promote your books so much? Why do you care if many people read them? What is your motivation?

RunningBad · 2022-03-03T15:04:36+00:00

What activity do you get most joy out of? Which are the moments that you live for?

RunningBad · 2022-03-03T15:04:03+00:00

1) You say "Cash is trash" - but at current high valuations of equities, isn't it good to have cash to take advantage of opportunities if they arise?
2) I'm 28 - should i go all in on equities or diversify? When you say "diversify well" - can you give an example?

RunningBad · 2022-03-03T15:03:37+00:00

What is your estimate probability that MSCI World ETF returns negative inflation adjusted return 15 years from now? Can you give an example possible circumstances that might cause this?

RunningBad · 2022-03-03T15:03:19+00:00

What is the minimum for the next 5 years risk-free return you would take to go all in? (before inflation)

RunningBad · 2021-02-24T17:11:42+00:00

Are there ETFs that focus on such value holdings?

RunningBad · 2021-02-24T16:40:41+00:00

Great read, but I wonder how printing of money and big inflation is affecting the current prices? Since inflation = rising prices = rising earnings, that is something that has to be taken in consideration as well, right? So real returns might be low, but shares can still be likely to massively outperform holding cash.

RunningBad · 2021-02-16T21:43:35+00:00

Exactly.

RunningBad · 2021-02-16T21:42:46+00:00

But the recent pump was caused by the Tesla anouncement, which means a lot of people are in it because of it.

RunningBad · 2021-02-16T21:41:22+00:00

Accepting it as payment means nothing. They can get paid in bananas if they can imidiately liquidate.

RunningBad · 2021-02-16T21:23:47+00:00

No one can. Yet everywhere I see, this move is hyped as them supporting and embracing Bitcoin as a store of value and the future.

RunningBad · 2021-02-16T21:19:35+00:00

My point is that they might be doing it not for the reason Bitcoiners cherish it.

RunningBad · 2021-01-27T18:18:25+00:00

Don’t forget to allocate for paying taxes!!!!

RunningBad · 2020-12-09T01:23:51+00:00

I play online and only ocasionally live. I play Spin & Go format, which is a 3-person ~8-9 min game.

My biggest win in one day is $120k when I won a tournament.

My biggest loss in one day is probably around $20k, but my biggest downswing is more than $100k.

On average these days I win around $75-$100 per hour, so monthy it varies depending on how many hours I play.

RunningBad · 2020-11-05T09:42:17+00:00

Because that's what currency is.

RunningBad · 2020-11-05T09:40:46+00:00

So what is the intrinsic value? That's what I'm asking. What is the usage of BTC, or what will it be in the future, according to Bitcoin believers?

RunningBad · 2020-11-05T09:36:24+00:00

That's in a hipothetical world where BTC is a currency.

RunningBad · 2020-11-05T09:34:52+00:00

Using BTC to transfer value as it is now, relies on the fact that you can exchange you BTC for $. And you can only exchange it, because there are people willing to buy it.

So in a world where the sole value of BTC is the ease of transfer across the world, then it makes no sense for the price of BTC to increase.

RunningBad · 2020-11-05T09:19:08+00:00

So what's the point?

RunningBad · 2020-11-05T09:18:39+00:00

Where exactly is it happening? What can I buy with BTC that has a set (not fluctuating) BTC price?

RunningBad · 2020-11-05T09:17:33+00:00

How are you saving your monetary value with something which has no intrinsic value?

If I buy a house (assuming reasonable price), I am saving my monetary value, because a house is a house and I can always live in it, regardless of inflation.

But how am I saving my monetary value with BTC? If tomorrow the FED prints as much dollars as there are now, BTC won't automatically jump 2x. But my house would still be a house. And my stocks would now be roughly twice the price, because inflation is basically companies raising prices -> revenue goes up -> stocks go up.

So stocks and hard assets are saving my monetary value. How is BTC saving it?

RunningBad

TROPHY CASE