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Cryptocurrency

Thankfully I've kept my savings in stocks and funds, with about 50% in index funds and the rest spread out in various other funds and stocks. 379% profit in 13 years. Pretty decent that.

Nice returns that, what funds you in mainly?
 
Might be worth getting some dodge if Elon buys twitter, could see him using it as a coin for use on there if he turns it into a shopping type thing like the Chinese thing.
 
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How is the crypto world?

It's the end it's finished its all over, we were so stupid for investing in it. You and the others were right all along, GHod I wish I had listened. You are soooo clever and wise.


Mug.

Let's look to see where Matic, Ethereum and Ripple are when I cash out in a few years time.

Already made a bundle on crypto and will again.
 
It's the end it's finished its all over, we were so stupid for investing in it. You and the others were right all along, GHod I wish I had listened. You are soooo clever and wise.


Mug.

Let's look to see where Matic, Ethereum and Ripple are when I cash out in a few years time.

Already made a bundle on crypto and will again.
What a bizarre reply?.
 
WTM 2022: BLOCKCHAIN EXPERTS SET OUT BENEFITS FOR TRAVEL OF A DECENTRALISED FUTURE
Bosses from Simard, Chain4Travel, Travel Ledger and Triend explained why immutability, transparency and security will increase collaboration and trust in the sector

Blockchain technology will bring multiple benefits to travel a panel of industry experts told delegates at last week’s World Travel Market.

Decentralised networks will enable firms to transact with each other and reconcile data more easily and efficiently and data will be both more secure and immutable, making it more trustworthy.

Blockchain will also enable customers of travel companies to take more control of their own data empowering them to decide which brands they share it with in exchange for loyalty and booking incentives.

Traveltainment and Peakwork founder Ralf Usbeck, who is developing the Chain4Travel blockchain main net for travel, said the technology will revolutionise how firms buy and sell from each other by consolidating multiple processes into one.

“What you can’t do with current technology is you can’t transact a product and the money in the same logical second. You will have a supplier API and a payment API. They are separate. With blockchain you can define both in the contracts.

“Validations are checking if there’s enough money in the wallet on the other side. If the answer is yes they give the money and take the ticket or product in the same logical second.

“You can pay the travel agency, an IT provider, a hotel in the same logical second. If something goes wrong, if there’s not enough money, the whole transaction is stopped.”

Roberto Da Re, founder of B2B payments and reconciliation platform Travel Ledger that is supporting Chain4Travel, said the immutability of data on blockchain is one of its most important characteristics.

“You know that once that transaction has been written it cannot be changed. Immediately that also builds trust. You can really trust the data.”

Da Re said this improves audit trails and transparency making smart contracts a valuable way of holding data over time. “Everyone can see that the transaction was performed like that. Parties that have access to the data are the only ones the only ones who can see it and actually modify it.

“In order to be able to modify the transaction you have to be the one who holds the private key for that wallet or smart contract.”

Matthew Hairsnape, founder of Triend, a reviews site that is using blockchain to give writers of reviews greater ownership and control of their own data and content, said immutability provides “huge opportunities” in travel by giving digital assets a verified and guaranteed value that can be exchanged and traded.

“Having a digital asset you have ownership of, that’s going to open up a whole new secondary market for travel. You could resell a flight you can’t make.”

Hairsnape said blockchain will end the era of control by single centralised entities and instead see the rise Decentralised Autonomous Organisations (DAOs) that will support new “beautiful projects” due to transparency and accountability.

He said “currently there is a lot broken in the trust system” including the issue of fake reviews which can be addressed with Non Fungible Tokens (NFTs) verifying the validity of the review and giving it a true value.

Don Birch, chief executive of Simard that uses the Winding Tree decentralised eco-system, said blockchain has been talked about for decades but he believes it’s time has come.

“For the first few years the constant refrain I heard from people was blockchain is a solution looking for a problem. Now, I think, we have got to the point where it may finally be a solution for a problem.”

 
our case, the serum comes in the form of government edicts that break away huge chunks of our freedom. We are told that it’s for our own good, that evil terrorists will exploit these loopholes, and that for the good of society we must give up more of our freedoms.

The serum is also the mainstream media, printing whatever the powerful decide should be the narrative. If the people are scared enough, then new laws can be passed with much less pushback.

The serum is also the tranquilising effect of television or social media. If most of the population are glued to the life of some celebrity or other, then actually looking into how currency comes into being might appear extremely boring in comparison.

Looking Into Bitcoin
For many, that red pill moment comes when you start looking into Bitcoin. If you aren’t just speculating on the price you want to know how this thing works. You want to find out for yourself if it is a scam or not.

So when you go down the Bitcoin rabbit hole you find that it leads to unimagined depths. You find that you start questioning the system you live in. You find that our monetary system is a total lie and that governments are running Ponzi schemes that need ever-accumulating debt in order to survive.

The Lie
Once upon a time, the fiat currency system was backed by gold, and this prevented governments from going over their spending limits. But if you need to wage war, or if you need to do all kinds of other spending, then gold backing is no good.

If you don’t have to back every dollar, pound, or yen with gold, then this leaves governments free to print as much currency as they want. As more currency is printed into circulation, it is worth less in the bank accounts of the people.

For example, the US dollar has lost over 96% of its value since the Federal Reserve (a privately owned bank) took over the US banking system in 1913. A dollar now would only be worth 4 cents back then.

Nixon took the dollar off of its gold backing completely in 1971. It was announced by the president at the time that the move would be “temporary”. In the chart below, it can be seen how the dollar has devalued since that time.

devalue.jpeg


Source: https://buybitcoinworldwide.com/dollar-devaluation/

Opportunity
Taking that red pill allows you to realise that all of this is happening. It gives you the opportunity to put some of your wealth outside of a banking system that could collapse in a not too distant future.

Mainstream media would have us believe that Bitcoin is a scam, that it is a kind of fool’s gold. Nobody knows if it will continue to work into the future, given the heavy regulations and restrictions that governments want to impose on it. Satoshi Nakamoto’s code has already been battle tested, but the coming war on crypto will test it to the absolute limit.

A people’s currency is anathema to the central banks. They can only continue to operate as long as the lie continues that fiat currencies are the only safe and secure way to transact.

Central bank digital currencies are currently being developed and rolled out across the world. These will strip away every last vestige of monetary freedom from the individual. Take that red pill before it’s too late.
 
I see Matt Damon and other celebrities have been getting brick for endorsing Crypto and now it’s tanking. Who would have thought a Monopoly money currency with no product behind it would turn out to be dodgy.
 
I see Matt Damon and other celebrities have been getting brick for endorsing Crypto and now it’s tanking. Who would have thought a Monopoly money currency with no product behind it would turn out to be dodgy.

It is the site/company they endorsed that collapsed that has gut them in trouble. People need to be more careful in what they endorse, I would have thought they had lawyers to look over their contracts. So I will be interested to see what happens or whether this is just another negative crypto comment by people interested in keeping freedom away from the people.

Like any investment you should do your own research and only invest in what you can afford to. As much of the world maybe not the UK leaves recession next summer and the bitcoin halvening happens. With more countries giving blockchains and crypto regulatory certainty as is happening in Japan and even your beloved EU. Then the genuine companies like Ethereum, Ripple, Polygon and QNT will be very sound investments.
 
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