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Daily Alchemy: a question to think on together
8d ago“Should Xi Jinping prioritize rapid market reforms even if they risk weakening CCP control?”
- susanmann...
I wonder how many people get the difference between a billion and a trillion? A billion seconds is almost 32 years. A trillion seconds is over 31,000 years. So with a trillion dollars, you could probably accomplish a lot.... - onPhoto below - remember this? Ask your mom or dad about it, if you were still a kid 20 years ago.byPaulleverich...
You’re not wrong. Capitalism without failure is basically a theme park version of capitalism. Looks real from a distance, but nothing in it can actually break. That’s not how markets evolve.... wait til people find out that Bitcoin and the 10,000 competing crypto currencies are also "fiat" currencies. this won't necessarily mean intensification of the stampede to gold and silver, but it will cause a sell off in both the crypto exchanges and the S&P 500 land would be the... one thing i disagree with here is that wealth hasn't been reinvested in the commons; I think the form of reinvestment changed from public works of art and building dedications and stuff to investing in companies (and nonprofits); you might think that's selfish (and it might be... - onBitcoin is now synthetically created, through options, derivatives, & ETF. Does that mean it’s endless, just like all the US dollars?bylaymanpascal...
Both bitcoin and fiat currencies can be quantitatively expanded under the right conditions. The real constraint is the threshold beyond which the value and utility cease to be engaging to users. For many reasons, bitcoin is not the magic vessel that many believe in...... I have vague memories of some economists looking at "the best way to deal with homelessness is to give people houses" and "the best way to deal with poverty is to give people cash", and the real world trials of those ideas seeming to back them.... - Eric Stevens...
I lived this. I moved to Texas for the exact reasons being discussed here. I was involved in lithium battery and inverter manufacturing. We were offered a building. We were offered state incentives....