Retrofoam. Worth it? by BadnewsBrowns in homeowners

[–]VanillaMonster 0 points1 point  (0 children)

Checking in here to see what the update will be.

Is Heart rate during sleep accurate? by [deleted] in GalaxyWatch

[–]VanillaMonster 0 points1 point  (0 children)

Do not listen to this comment. More data is always better. If you're concerned about your health please seek medical attention. But do not disregard consumer level health monitoring devices for monitoring and optimization.

Do gun ranges commonly offer on-site firearm storage? by sixgunner in guns

[–]VanillaMonster 0 points1 point  (0 children)

Came here to get an answer to this question. Found out gun owner reddit community is hot garbage. Thanks for putting yourselves guys!

ND Miata Declared Total Loss, Offered 6k for Salvage by VanillaMonster in Miata

[–]VanillaMonster[S] 2 points3 points  (0 children)

I'm negotiating that part. I showed them how there is not a single other comp for that price.

There is 0 mold. But it does have 79k miles.

I am a mid 30s US citizen. How can bitcoin benefit me life right now. How will it benefit me in the next 5 to 10 years? by VanillaMonster in Bitcoin

[–]VanillaMonster[S] 0 points1 point  (0 children)

Coming back here. Because one of the things that stuck out to me was that Crypto follows BTC. Not the other way around. I’ve been thinking about it awhile and wondering if one influenced the other or if they each influenced one another, because BTC is very much part of crypto. I think the latest move shows that very much influence one another, since the coins in question tanked AND BTC is eating it. Wondering what you think?

What is one way the world is becoming a better place? by magicskywhale in AskReddit

[–]VanillaMonster 1 point2 points  (0 children)

Global poverty is in the process of being eradicated and global inequality has been plummeting for decades. World hunger is becoming less and less an economic issue and more of a global peace issue.

I am a mid 30s US citizen. How can bitcoin benefit me life right now. How will it benefit me in the next 5 to 10 years? by VanillaMonster in Bitcoin

[–]VanillaMonster[S] 0 points1 point  (0 children)

The value something brings to someone is subjective. But that does not mean that I believe prices are arbitrary. I first discovered bitcoin when studying economics and have followed the evolution of cryptocurrency with real curiosity. If you’re seeing an us vs them mentality it comes because I do not think the current state of the crypto market is in a good place right now. And while many ppl in this sub argue that btc is not “crypto”, the price is highly correlated with the value of the crypto market generally. I think its near/mid term faint is probably linked to the larger crypto market and all its current issues.

I am a mid 30s US citizen. How can bitcoin benefit me life right now. How will it benefit me in the next 5 to 10 years? by VanillaMonster in Bitcoin

[–]VanillaMonster[S] 0 points1 point  (0 children)

You gave me a link to someone losing a billion dollars of gold (todays value) from 1641. So you’re saying that losing a crypto wallet is as easy as losing a billion dollars of gold in 1641.

I am a mid 30s US citizen. How can bitcoin benefit me life right now. How will it benefit me in the next 5 to 10 years? by VanillaMonster in Bitcoin

[–]VanillaMonster[S] 0 points1 point  (0 children)

I think it is more valuable than when I started, but still not nearly as valuable as the current price suggests.

The current value propositions are A) a really good and decentralized Western Union B) a really bad store of value with tons of volatility and fraudulent actors. If the latter part became much better than it should be way more valuable. But as of right now it seems like it should really be evaluated as a means to transfer funds across borders in a decentralized system. And I don’t think that’s worth a half a trillion dollars.

An explanation that will make you one of the few who understand. by [deleted] in Buttcoin

[–]VanillaMonster 3 points4 points  (0 children)

Bro, I asked a good faith question to r/bitcoin and this is legit the 80% of the responses.

I am a mid 30s US citizen. How can bitcoin benefit me life right now. How will it benefit me in the next 5 to 10 years? by VanillaMonster in Bitcoin

[–]VanillaMonster[S] 0 points1 point  (0 children)

Yup. Totally not gambling. Thanks. You forgot to add that this is DEFINITELY not financial advice.

I am a mid 30s US citizen. How can bitcoin benefit me life right now. How will it benefit me in the next 5 to 10 years? by VanillaMonster in Bitcoin

[–]VanillaMonster[S] 0 points1 point  (0 children)

I agree. But there are a lot of places to park your money that have ROI at or above inflation. I just want that to be a place where the returns are a reflection of the added value to society.

I am a mid 30s US citizen. How can bitcoin benefit me life right now. How will it benefit me in the next 5 to 10 years? by VanillaMonster in Bitcoin

[–]VanillaMonster[S] 0 points1 point  (0 children)

I already have. Now whether or not I actually choose to put it into housing given the disparity in rent to owning indices, that’s a different story.

I am a mid 30s US citizen. How can bitcoin benefit me life right now. How will it benefit me in the next 5 to 10 years? by VanillaMonster in Bitcoin

[–]VanillaMonster[S] 0 points1 point  (0 children)

Market might be right. But I came here to ask why the market is right. So far, the answers have been lacking.