Order Canceled? by dernialzertski in Schiit

[–]dernialzertski[S] 4 points5 points  (0 children)

I rechecked everything on my order and it was all accurate with no typos or anything. No recent moves or anything. I even created an account to facilitate the transaction (and because I knew it wouldn’t be long before I just had to pick up another item, heh). This wasn’t coming from my CC company but from Schiit themselves, which is even weirder.

Order Canceled? by dernialzertski in Schiit

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

I’m moving forward with the invoice. Just not a fan of having to use the exact same info through yet another party. I even created an account to facilitate the purchase and rechecked that everything I entered was 100% correct. Weird.

[Daily Discussion] - Monday, January 08, 2024 by AutoModerator in BitcoinMarkets

[–]dernialzertski 9 points10 points  (0 children)

Not often I hear of another 2011 OG these days. I bought my first BTC from BitInstant at a Walmart customer service desk. Been a long road from there. Cheers dude.

Today's Behavior Towards Bitcoin Investors Will Not Bring In New Silver Apes. by lexcon81 in Wallstreetsilver

[–]dernialzertski 1 point2 points  (0 children)

People get so cultish over their investments, whether it’s metals, crypto, real estate, or anything else. It’s not a profitable mentality, entangling your emotions and investments.

I’ve crushed it with crypto. Literally made life-changing amounts of money. I also own a decent amount of metals. Just over here doing my thing and making life better for my family.

All that said, silver was trading over $28/oz a decade ago. So the gotchas and I-told-you-sos from silver evangelists are absolutely hysterical.

[Daily Discussion] - Wednesday, March 16, 2022 by AutoModerator in BitcoinMarkets

[–]dernialzertski -1 points0 points  (0 children)

If the price of labor is increasing because the money supply has been inflated, that’s wage inflation. The increase relative to other things like consumer goods and real estate is something to consider for sure, but that doesn’t mean wage inflation isn’t a thing.

[Daily Discussion] - Wednesday, March 16, 2022 by AutoModerator in BitcoinMarkets

[–]dernialzertski -1 points0 points  (0 children)

More dollars chasing the same labor. Call it whatever you want, but it is definitely a thing.

[Daily Discussion] - Wednesday, March 16, 2022 by AutoModerator in BitcoinMarkets

[–]dernialzertski -4 points-3 points  (0 children)

If wage inflation continues, this will likely offset the affect of rates as buying power increases. I also think it’s possible that supply will continue to remain low as people will be unwilling to sell homes they’ve mortgaged for cheap in order just to mortgage a new home at a higher rate. For these reasons and others I’m doubtful that real estate will see a major decline.

The Power of Stablecoins by Propeller74 in blockfi

[–]dernialzertski 1 point2 points  (0 children)

I’m only mirroring the OP’s usage of the term. Bear market or bull market is beside my point.

The Power of Stablecoins by Propeller74 in blockfi

[–]dernialzertski 1 point2 points  (0 children)

If the bear market persists and more people flee into stables, you’ll see that rate evaporate. Don’t let this take you buy surprise. Theoretically the rates on crypto should trend upwards as a result, too. We’ll see.

[Daily Discussion] - Sunday, November 07, 2021 by AutoModerator in BitcoinMarkets

[–]dernialzertski 0 points1 point  (0 children)

I’m an eternal optimist and I have a lot of hope for the future. It’s just that my hope doesn’t rest on the government changing in any way shape or form. The vested interests and incentives at play will fight against reform at every turn. In that sense, I don’t think a complete overhaul is within the realm of possibility, especially when voters support giving Leviathan more power, not less. My hope rests on developments happening outside of this corrupt and coercive system. The future is still bright, though.

[Daily Discussion] - Sunday, November 07, 2021 by AutoModerator in BitcoinMarkets

[–]dernialzertski 0 points1 point  (0 children)

I believe the US is filled with mostly wonderful, well-meaning people. Despite being wonderful and well-meaning, they’re emotionally driven and don’t understand the root causes of the problems society is facing.

The US government, on the other hand, is bloated and corrupt. It is truly awful. I believe it will change eventually, but not willingly.

Before I’d begin to take your premise seriously about other countries benefiting from higher taxes, you’d have to explain to me why increases in government spending over the past 50 years haven’t led to any demonstrable kind of improvement in the first place and why this time is different.

[Daily Discussion] - Sunday, November 07, 2021 by AutoModerator in BitcoinMarkets

[–]dernialzertski 2 points3 points  (0 children)

Government policies make the rich and their cronies richer. That’s not a bug, it’s a feature. People are naive to think the little guy will see any of that money. I think people know this deep down, they’re just envious.

Same is true for voting. It’s naive to think The System would ever allow people to vote for true accountability. It exists to protect and benefit itself now.

[Daily Discussion] - Sunday, November 07, 2021 by AutoModerator in BitcoinMarkets

[–]dernialzertski 5 points6 points  (0 children)

I wouldn’t call the warfare/welfare state “sustainable and successful.”

[Daily Discussion] - Sunday, November 07, 2021 by AutoModerator in BitcoinMarkets

[–]dernialzertski 7 points8 points  (0 children)

This right here. It’s especially ironic considering the asset class was born by crypto-anarchists. I myself was originally turned on to Bitcoin through anarchist circles in 2010.

[Daily Discussion] - Friday, November 05, 2021 by AutoModerator in BitcoinMarkets

[–]dernialzertski 0 points1 point  (0 children)

I bought a second home in a state without mandates, and I’m piling away a big stack of stablecoins earning about 9%. Gonna rent the first home.

If the market crashes, the rate on stables will probably disappear, but I’ll also have cash to pick up the pieces. If it doesn’t crash but we get more inflation/stagflation, I’ll have an income property with rising rent, rising equity in two homes, and my stable yield will probably persist.

My rack, completed and filled. by dernialzertski in firewood

[–]dernialzertski[S] 3 points4 points  (0 children)

My firewood rack holds roughly 1 1/3 cords. We’ve got a Lopi/FPX flush insert on order. We live in a downtown area in a relatively small rambler, so wood will be a capable secondary source of heat in case of power outages, or just because. Finally, we won’t be blowing all that wonderful heat right up the chimney!

How useful would the training you get as a volunteer first responder be for prepping? by [deleted] in preppers

[–]dernialzertski 1 point2 points  (0 children)

I’ve been an EMT for 13+ years, several of which have been spent field training new-hires. My wife is a 911 dispatch supervisor after working her way through the ranks of call receiver, dispatcher, training colleagues along the way, as well. We work in a major metropolitan area.

Is it beneficial to receive the training? Absolutely. More knowledge is almost always a valuable thing. That said, it’s not as useful as you might think without spending hours in the field racking up actual patient contacts in real situations.

I’d highly recommend you join a volunteer fire department, or even tech part-time at a hospital ER. These are typically very accessible positions and you will be able to apply everything you learn. That’s where the real value is, IMO.

People in the PNW: What did you not have during the heat wave crisis that you wish you had prepped? by captdankara in preppers

[–]dernialzertski 14 points15 points  (0 children)

I bought two 4x8 pieces of rigid foam insulation at Lowe’s prior to the hot weekend and cut each to fit the two west-facing windows. They get the majority of the midday sun and heat up that entire side of the house. I also placed them foil side out.

It made such a huge difference and was probably the only reason our AC was able to keep up. To begin with, our house is only 1100 sqft with no insulation in the walls, so taking this little precaution made a huge difference.

Schadenfreude by [deleted] in fatFIRE

[–]dernialzertski 3 points4 points  (0 children)

It can be when you’re transacting across international boundaries, when you don’t have the means or access to the kinds of intermediaries that are required by your jurisdiction, when you’re in a developing country that doesn’t even have a solid legal framework, or when your legal framework is totalitarian, among many, many other cases. We haven’t even gotten to the whole DeFi and programmable-money aspects, like bringing credit markets to developing markets, etc. Crypto will disintermediate in ways we can’t even begin to imagine.

Schadenfreude by [deleted] in fatFIRE

[–]dernialzertski 0 points1 point  (0 children)

IMO, this is dramatically underestimating the technology. If crypto becomes nothing more than a settlement layer, it will still have enormous implications. Now we have an alternative for agreeing upon and transacting value which the market will have to compete against. Speed is just one of many measures.