tag:blogger.com,1999:blog-5526768924178592295.post323479442908013853..comments2024-03-28T19:35:24.365-07:00Comments on Rural Revolution: How tangible should it be?Patrice Lewishttp://www.blogger.com/profile/06012022335047974670noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-5526768924178592295.post-68011387392478989182022-12-23T09:23:23.566-08:002022-12-23T09:23:23.566-08:00In that case there are bigger things to worry abou...In that case there are bigger things to worry about than means of trade. Your statement is valid for ALL forms. <br /><br />Putting that aside, there are some misconceptions in this article. to say it is not "backed" by anything shows lack of understanding on what really makes Bitcoin work. Other cryptos you are correct, most are garbage. Study Bitcoin and learn more. If you understand it you will change your mind.TMMhttps://www.blogger.com/profile/03419395494440441249noreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-85378165032355147992022-12-23T08:59:28.548-08:002022-12-23T08:59:28.548-08:00My barber accepted a box of 22shells for a haircut...My barber accepted a box of 22shells for a haircut back when ammo was hard to get. Basically any "thing" you would purchase is a tangible & the more demand that there is for that "thing" , the better chance there is that it classifies as an investment... I bailed on paper investments decades ago & never looked back. Emperor's new clothes... Jack Clarknoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-48868185938180971852022-12-22T05:20:32.079-08:002022-12-22T05:20:32.079-08:00What happens to this most tangible asset, if sun d...What happens to this most tangible asset, if sun decides to send huge EMP, and we are out of electricity for months, or years? Or if that huge volcano under Yellowstone goes BANG? <br /><br />In both cases you can still milk your cow (as long as you have food for her) and eat your dehydrated beans. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-73719318460840789292022-12-22T05:16:52.803-08:002022-12-22T05:16:52.803-08:00Our family lives currenlty in a small flat, so mos...Our family lives currenlty in a small flat, so most tangible investments are out of question. So, we invest in ammunition. Both my husband and father hunt, so there is plenty of use for it. If TEOTWAWKI happens, we can also use it as a tool of exchange with other people.<br /><br />There is interesting book trilogy, Metro 2033, by Dmitri Gluhovski. In that book, post-nuclear war humans live in the metro tunnels under Moscow, and they ammo as currency (and as ammo, obviously.) I got that idea from that book. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-60449200335432844592022-12-21T17:38:02.853-08:002022-12-21T17:38:02.853-08:00My thoughts exactly. Well said.My thoughts exactly. Well said.Leighhttps://www.blogger.com/profile/02435811789823712254noreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-85081116315339432012022-12-21T17:12:58.740-08:002022-12-21T17:12:58.740-08:00I measure my wealth in mason jars with preserved f...I measure my wealth in mason jars with preserved food, canned and packaged food and five gallon buckets with vacuum sealed mylar bags of food inside.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-54560220479403679602022-12-21T12:25:16.419-08:002022-12-21T12:25:16.419-08:00If you can't physically hold it in your hand, ...If you can't physically hold it in your hand, it isn't <br />tangible. Silver, or gold, coins will always have value, paper and crypto or bitcoin, not so much.Dave Khttps://www.blogger.com/profile/00257512681404247387noreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-54858679441687741712022-12-21T11:43:34.244-08:002022-12-21T11:43:34.244-08:00It's a red pill blue pill kind of thing. Thos...It's a red pill blue pill kind of thing. Those that believe crypto currency is anything more than a bad gamble simply are too naive. Now if they were to say I know the risks but I'm just riding this wave taking as much as I can from the fools before it all crashes then I would say they get it but they are simply dishonest. <br /><br />It's kind of like what we are seeing in Twitter. Everyone who was red pilled isn't surprised and everyone who wasn't red pilled and isn't shocked is all in with the government taking away our constitutional rights.<br /><br />Another example that is yet to prove itself is "the cloud". It's secure, right? Right? LOL Yeah! I'm sure that there isn't a backdoor into it. In fact I would assure you that there are more back doors than even the FBI and CIA know about. <br /><br />Nothing is safe, especially nothing on the internet. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-18357777629105524562022-12-21T11:37:07.705-08:002022-12-21T11:37:07.705-08:00You teased me with the beautiful, sunlit photo of ...You teased me with the beautiful, sunlit photo of what looks like two sets of books. What are the two sets? You had previously mentioned collecting the Harvard Classics. I have been seeing some of them, various editions, periodically, in my local (Florida) library’s used books-for-sale section, usually for 50 cents each. If you’re still looking for any volumes, and have a post office box (I’m sure you don’t want to give out your address) I can keep an eye out for them.Jilleenoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-65853749216807307212022-12-21T08:29:24.443-08:002022-12-21T08:29:24.443-08:00How will anyone use cryptocurrency if the power go...How will anyone use cryptocurrency if the power goes out? You can put it on a flash drive, but how do you "buy" anything with it? If you have 10K on a flash drive, how do you pay for $100 of food? I just don't trust cryptocurrency.JMVhttps://www.blogger.com/profile/11914433240739674325noreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-26384521320966733122022-12-21T06:57:16.869-08:002022-12-21T06:57:16.869-08:00To me, the bottom line for cryptocurrency is like ...To me, the bottom line for cryptocurrency is like anything else: "If you don't physically possess it, you don't really own it." TractorguyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-41899440499151588102022-12-21T06:21:27.142-08:002022-12-21T06:21:27.142-08:00I've always thought of investing in crypto the...I've always thought of investing in crypto the same as investing in Bennie Babies, but with out the Bennie Babies. Hummmm. Kind of like putting your money in nothing? The one commenter that watched the sales gimmick that gave validation to Bitcoin I have to think has been CONvinced by a very CONvincing con man. There's several concepts that have to be accepted as real, that are anything but real, before believing in this stuff. It's only as real as your imagination. <br />Frogwater Willie (My first writ under this nom de plume.)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-11648574232185667352022-12-20T18:19:49.765-08:002022-12-20T18:19:49.765-08:00Basically, the ONLY thing to use "crypto"...Basically, the ONLY thing to use "crypto" currency for is to transfer funds OR buy something from somebody that has been cancelled, OR, your purchase is NOBODY's business.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-77525582028387564852022-12-20T15:00:27.203-08:002022-12-20T15:00:27.203-08:00I think so many things are changing so fast, tangi...I think so many things are changing so fast, tangible things like livestock are the best investment.<br />My next investment, I hope, will be something basic for solar, to keep the fridge going a few hours every day during power outages. Improvements keep being made and most can be recharged a number of ways. But especially with all the stuff going on, like everything else, prices are zooming. My eye is on something basic that can be added to. Because power bills are going up up up as well, and I think we'll always find the convenience of power very helpful.<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-77101827974563145512022-12-20T14:39:30.648-08:002022-12-20T14:39:30.648-08:00When my kids were younger, they played with "...When my kids were younger, they played with "Pogs" and Pokémon cards. Certain cards and Pogs were deemed more or less valuable to the kids. When it was all said and done with though, they were only worth their weight in compost, as that's exactly what they are now, in some landfill somewhere. You hit it on the head when you said fiat currencies like the Dollar "...have a long history as a means of exchange." There's an agreement amongst a group of people that that presidential portrait in you hand is worth the milk... or the cow... one of those people is going to trade it for. Crypto doesn't even EXIST. You can't hold it in your hand. You can't put it in a safe. In my mind, anyway, Dollars make more... cents... That, and precious metals. There has never been a time in human history when gold and silver have had no value...Peteforesterhttps://www.blogger.com/profile/00702888855868877243noreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-22463066187469069442022-12-20T13:22:58.283-08:002022-12-20T13:22:58.283-08:00Hey Patrice - like most "beginners", you...Hey Patrice - like most "beginners", you’re conflating a lot of different things, and it’s impossible to cover down on all the specifics in your post. Last winter, I was in the same boat: confused, bewildered, and overwhelmed, so I spent a few months getting grounded. It was daunting, and I made many missteps. If I could do it all over again, I wish I had found Michael Saylor sooner. His interview with Tucker Carlson (whether you like him or not) was a seminal moment in history. After that, google "Saylor Academy Bitcoin for Everybody" - it’s a free course that takes you from zero, to grounded in a reasonable amount of time. After that, it’s up to you to determine how far down the rabbit hole you want to go. Just be careful: you might get "orange pilled". I will leave you with this statement: Bitcoin (specifically. not 'crypto'. yes, they are very different) is the most tangible asset the world has ever known. Now, go find out why, and attempt to change my mind. ;) GL!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-8647055330080738452022-12-20T12:00:37.736-08:002022-12-20T12:00:37.736-08:00I would suggest a small amount of silver coin for ...I would suggest a small amount of silver coin for trade for those things you cannot make or grow.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-68876207377086108812022-12-20T11:59:54.791-08:002022-12-20T11:59:54.791-08:00WilliamWilliamAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-39925746805658075592022-12-20T11:06:07.498-08:002022-12-20T11:06:07.498-08:00When I reroofed my home some years back I bought ...When I reroofed my home some years back I bought pallet of plywood. It was still banded as delivered from the mill. I remember thinking at the time that it would be a good investment. You could set it on the floor in the corner of your storage shed and just pile stuff on it until someday when you needed plywood. Since then plywood prices are up 400%. I should have done it.Anonymousnoreply@blogger.com