🎓 Dr. Freemo 🇳🇱 @freemo@social.cleverlibre.org

@Atlas_Khan

I told you what the term means.. investing is when you buy something with the intention of it going up in value.

@icedquinn @melovida @clacke @Springnat

@PorkCow

lol

@icedquinn @Atlas_Khan @melovida @clacke @Springnat

@PorkCow

Huh? Printing of money requires the approval of elected officials, that is democratic.

@icedquinn @Atlas_Khan @melovida @clacke @Springnat

@Atlas_Khan

Only if you dont expect it to be worth even more later. if your money increases in value and you expect it to begin decreasing in value, then you invest... investing is about what you expect to happen in the future, not what happened in the past.

@icedquinn @melovida @clacke @Springnat

@Atlas_Khan

Yes if the bills in your hand will be increasing in their purchasing power you will hold onto tthem more rather than put them in investments which you know will later be able to purchased with fewer dollars... Its not a difficult concept.

@icedquinn @melovida @clacke @Springnat

@Atlas_Khan

Said nothing of the sort.. In fact I corrected you on that mistake multiple times. Nice try though.

@icedquinn @melovida @clacke @Springnat

@Atlas_Khan

No I didnt, i demonstrated a use case of deflation over 1 year using actual figures.

@icedquinn @melovida @clacke @Springnat

@Atlas_Khan

My twitter is literally a mirror of my account here, lol.

@icedquinn @Zealous @melovida @clacke @Springnat

@Atlas_Khan

That makes no sense.. If i have 100$, and there is an investment that right now costs 100$ and goes up by 1%... If my money is gaining value that means everything else is going down in price.. so if my money gains 10% value that means that in a year my investment is worth 91$ instead of 100$. How does that encourage me to invest? If anything I should hold onto the 100$ and id have 9$ more in a year than if I invested.

Obviously no, deflation does not encourage more investment, the opposite.

@icedquinn @melovida @clacke @Springnat

@Springnat

I never said it makes me an expert economist, but it does mean I know "the basics of investing" if ive had a lifetime of success investings.

@icedquinn @Atlas_Khan @melovida @clacke

@Springnat

Its not communism, but it is bad

@icedquinn @melovida @clacke

@Atlas_Khan

Like i said, its clear you know you lost as youve spent more time insulting my character than actually making a cognizant argument.

I am done here, all you have to offer is noise.

@icedquinn @melovida @clacke @Springnat

@Springnat

No, since everyone sits on their money economies stagnate as far less of the money is being used to build new wealth and over time the people loose wealth even if the value of an individual dollar gains. In the failing economy you wont be able to keep your money in savings for long as youll quickly find your spending it to feed yourself as food becomes more scarce as fewer people are investing in the farms and infrastructure for food. So the money itself may gain value while you loose wealth as it does.

@icedquinn @melovida @clacke

@Atlas_Khan

Cringe all you want but dont tell me I dont know the basics of investments when I literally make enough income to live off my investments, support multiple homes, bought my first home at 16 years old, and crossed the millionaire line before I could even legally drink alcohol and I started life on welfare. My track record proves that if anything I know how to invest. The proof is in the pudding.

@icedquinn @melovida @clacke @Springnat

@Atlas_Khan

Some people are buying it because they dont trust the US economy I'm sure.

@icedquinn @melovida @clacke @Springnat

@anonymoose

> Your story is the standard Keynes / Krugman interpretation, but it is by no means uncontested.

Keynes is a very common interpritation, so you will hear them say a lot of things that are common to other models.. Those models still have nothing to do with whats being discussed.

@icedquinn @melovida @clacke

@Atlas_Khan

You can not buy estonian land with US dollars, You think a estonian realtor would take US dollars? You would have to buy it with estonian money, the US dollars themself stay int he US economy. It is a wealth transfer, not a money transfer. Thinking in terms of money is confusing you. You act like those US dollars actually go over to estonian and some estonian now owns your US dollars, they dont.

@icedquinn @melovida @clacke @Springnat

@Atlas_Khan

You are welcome to think that as well.. Me and my rich ass clearly don't understand based investment ::wipes his crying eyes with 100$ bills::. My huge pile of money would beg to differ.

@icedquinn @melovida @clacke @Springnat

@anon00110

Those details are not particularly relevant.. the point is Stacks adds the trustless garunteeability of smart contracts to bitcoins. The fact that it exists as a side chain is not relevant tot he fact that the functionality is added to bitcoin specifically.

Yes 4 and 5 would mean the crypto would tank, yes those are risks and yes they are why investing in bitcoin is higher risk than other things, its also why i dont invest in bitcoin.. your point?

@icedquinn @Atlas_Khan @melovida @clacke @Springnat

@Atlas_Khan

People are buying bitcoin in part because they expect the value to rise. That is investment, full stop.

The value is rising because of its functionality, and once that functionality becomes more common place then it will cease being an investment for most and instead act more as a currency with a stable price and new functionality current fiat does not have. But we arent there yet.

@icedquinn @melovida @clacke @Springnat