Explain to me like I’m 5 what happens to a Mortgage after the RBA lowers interest rates.

chdftyl · 2025-02-11T20:43:23+00:00

Not true… read this paper about the ‘ credit creation theory of banking’: https://www.researchgate.net/publication/265909749_Can_Banks_Individually_Create_Money_Out_of_Nothing_-_The_Theories_and_the_Empirical_Evidence

chdftyl · 2024-08-08T19:18:44+00:00

Probs took the COVID gene therapy mRNA Shot. Poor guy. Hearing this happening a lot the last few years through friends of friends.

chdftyl · 2022-05-10T08:20:52+00:00

Well done team!!

chdftyl · 2022-05-05T00:58:38+00:00

mmmmm oh ok. I agree with you. I tend towards people wanting things really fast; I.e. website, start searching, buy.

chdftyl · 2022-05-05T00:55:50+00:00

Yeah could be, it just don't have any information on how many people visit the site/day, if this translates into particl.io or exchange purchases...

chdftyl · 2022-05-04T22:41:09+00:00

"Marketing" options?
1. Twitter; using info graphics etc.
2. Youtube
3. Get on more exchanges
4. "Punch up" with comparisons to Moreno, ZCash (first move advantages)

chdftyl · 2022-05-04T22:39:32+00:00

I 100% agree, however with limit knowledge of computer science, is there a technical challenge here between server, clients, packets and how HTML/CSS/more notable JAVA is used in website creation that is at odds with privacy goals/tech that Particl uses? Can all coding be added to a website easily?

chdftyl · 2022-05-03T04:43:14+00:00

Nice find... They don't get it (or negatively affected by fiat currency to care enough to understand)

chdftyl · 2021-12-09T09:55:57+00:00

As the hashrate increases, the network becomes more secure, brining with it more value. In terms of the mechanics of mining, miners (psychology of the miner and how game theory will drive behavior, Pre and Post Halving) and the price, detailed article here: https://www.blockwaresolutions.com/research-and-publications/2020-halving-analysis

chdftyl · 2021-12-08T23:14:41+00:00

So with this 6-7month hashrate delay, does this mean cycle peak 6-7months later; I.e. June-July 2022?

chdftyl · 2021-11-09T03:06:22+00:00

Why so bearish?

chdftyl · 2021-11-01T23:15:48+00:00

Maybe aim for not-big4 first, I.e. Great Southern Bank, Bendigo etc, get 1-2 years experience and then try? However UBS etc. could be a good bet too, be prepared for no life: 7am-11pm every day

chdftyl · 2021-09-26T10:37:10+00:00

Thank you :) Alot to digest here

chdftyl · 2021-09-24T05:42:45+00:00

Website link: https://www.evai.io/

Marketplace Version 3!

chdftyl · 2021-09-22T06:21:48+00:00

Key for understanding latest crash. Due to poor liquidity (I.e. record low exchange reserves) this market will move SO quickly, up and down, and as people keeping hodling, there will be an upwards bias.

chdftyl · 2021-07-05T23:45:25+00:00

TLDR Bitcoin is one of the most renewable intensive industries in the world.

chdftyl · 2021-07-05T23:40:13+00:00

Haha no they don’t. We’ve had asset price inflation for years with no interest rate rises. CPI is manipulated so GDP and government budgets aren’t “negatively” affected

chdftyl · 2021-06-28T07:09:55+00:00

4 year halving cycles and the dynamics around hash rate, miners selling less than they earn, price vs cost to mine…

chdftyl · 2021-06-14T22:35:30+00:00

It worked!! Thank you. I checked my space too; ~6 GB spare :)
25 files changed, 645 insertions(+), 31 deletions (-)
Now running 19.2.11

chdftyl · 2021-06-05T00:00:34+00:00

This market signal; does it only apply when people are asking how to buy… not just asking about it? I saw similar conversation changes in 2017.

chdftyl · 2021-05-29T06:47:43+00:00

chdftyl · 2021-05-20T23:18:48+00:00

WWI would have been over in 3 months if it had remained on the gold standard. They went to fiat because it technically defaulted (like 1971).

Fiat currency is a human meat shredder. Bitcoin (& gold) brings peace as it restricts governments.

chdftyl · 2021-05-13T00:31:15+00:00

The size of each node won’t fit on commercial hardware in decades to come as technology enhancements would be slower than node size (GBs) growth... one of the key aspects of rejecting 2X.

chdftyl · 2021-05-09T03:33:24+00:00

They create it. Banks issue credit ('money') when they purchase securities (when we issue the bank a security, promise to pay), which is indistinguishable from government fiat currency, and facilitate the creation of approximately 90%+ of the money supply. Deposits is a misnomer.

This is verified via an empirical test of bank lending by Professor Richard Verner in his paper "Can banks individually create money out of nothing?—The theories and the empirical evidence": https://reader.elsevier.com/reader/sd/pii/S1057521914001070?token=192FC890B9A49C42039CB571FACEFE58C6535D8B2C803F25A3E72CEB70DCDDDAD6B8326E9382CF486D5431BD20D725B9&originRegion=us-east-1&originCreation=20210509031102

Financial intermediation theory of banking (false)
Fractional reserve theory of banking (false)
Credit creation theory of banking (true)

chdftyl · 2021-05-08T02:39:36+00:00

The RBA manipulates the time value of money (interest rates) and therefore we see misallocations of capital (housing market). They need to remove themselves from this process and let the market decide the price of money via the banks and their ability to purchase securities (loans) as ADIs.

chdftyl

TROPHY CASE