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Bitcoin Goa
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Bitcoin Goa
@BitcoinGoa
Beaches. Beer. #Bitcoin Butchering Bitcoin FUD
Goa Katılım Ocak 2021
274 Takip Edilen227 Takipçiler
GM to those undeterred by the shitcoin scams that keep adulterating the space and Bitcoin / Bitcoiners get clubbed because precoiners don't get it.
Congratulations y'all for being at the forefront of the first money whose supply increases less 1% per year. #halving
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The UPI apologist class be welcoming this with open arms
Balaji@balajis
FROM RED LIGHT CAMERAS TO FACE FREEZES We have to think through digital dystopias to figure out how to defend against them. As further context: 1) The west already has red light cameras for automated ticketing based on license plates, but this would be next level. 2) China is more capable of doing this with faces because they have a better state-level facial recognition database 3) And they’ve begun deploying face recognition glasses to their officers[1] 4) A “face freeze” like what I just described can be done by one officer with one click. Or even a drone. 5) The officer just needs a suitable camera plus access to the state’s AI and face recognition database. It’s “just” a noisy join, mapping each face in a crowd to their personal details. It’s also totally asymmetric — the crowd can’t do it back to the officer. 6) For good measure, the officer could send a push notification to every person in the crowd with their arrest, penalties, and court details. 7) They could even auto-debit their WeChat digital wallets for every minute they remain in the crowd. Like the ultimate red light camera. 8) Masks may help but gait detection can work around it, though that may be hard in a crowd. 9) Really the only true countermeasure is to put at least some of the person’s digital resources outside the control of a centralized state. To decentralize. 10) As context, police have wanted nonviolent crowd control for a while. Bullhorns don’t necessarily work. And tear gas has side effects. But a “face freeze” like this is scalable, nonviolent, asymmetric, and extremely effective. It really shifts the power to the state. Which is why we need to decentralize. wsj.com/articles/chine…
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Another day, another melt down of traders/gamblers regarding state over reach.. this time 20% TCS on foreign trips.
The answer has been around for 14 years and counting
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@ActusDei For the sake of this analysis regulations don't mean anything. It's just heavy tax, taxes have to be paid for everything - gold/equity et al. Regulations don't prevent buying and selling of bitcoin
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@BitcoinGoa In India, the regulations are loaded against crypto unfortunately.
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Since the #Sensex was launched in 1986, it is up 105 times. #Gold is only up 31 times. In the very long term, equity beats gold. There is no doubt about this. What's worse is gold's returns are lumpy - it jumps up after long periods of stagnation. But I'm still pro-gold. Why?
D-for diversification! Gold's negative correlation with #stocks means that it is like the sugar in your tea. It dissolves beautifully into the rest of the decoction.
Full story here livemint.com/money/personal…
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@RBI Fiat mortgage is a disease that your children inherit from you
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Monetary Policy Statement by Shri Shaktikanta Das, RBI Governor - April 06, 2023 twitter.com/i/broadcasts/1…
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Monetary policy is an excellent example of something where anything can be said to justify anything at any point of time because no one really knows where it's going.
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@ravihanda @BitcoinGoa Stay away from these bitcoin k gurus. Their response would be- 1 bitcoin = 1 bitcoin don’t compare with fiat. Why’d u cash ur bitcoin into fiat. Ab insaan roti ghar aur fee bitcoin se nai de skta ye smjh nai aata unhe.
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Spent a good few hours looking at the responses of self-styled/state-certified financial planners at the latest state attack on individual wealth creation and not one person spoke of exiting the shitty fiat game.
Ravi Handa@ravihanda
How the hell is someone supposed to do retirement planning with such stupid changes in taxation every few years. Equity taxation changes every few years. REITs used to be fairly attractive but not anymore. MLDs are gone. And now Debt funds.
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Unfortunately for them and for those to whom they peddle their snake-oil financial derivatives they'll say "how-can-they?" or feel enraged momentarily and then go back to hunting for some other scammy fiat derivative
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@crypto_hanuman @DasShaktikanta This account has been compromised, t'was a good run
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@deepakshenoy What really is the issue with dying with your debts and never repaying the loan
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Have many of you who have home loans seen tenures extend to beyond your retirement age?
Like if you're 35 and they have increase tenure to 30+ years?
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@ActusDei How about dying with your debts, that should enable one to live beyond means comfortably
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Borrowers in India are going through an interest rate shock as RBI raises rates. When rates rise banks keep EMIs constant but raise the tenure, thereby earning more interest. The solution? Try to pre-pay or increase EMI instead. You can also shop around for a slightly lower rate.
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@PiyushGoyal @narendramodi unless ofcourse he crowdsourced a private fund for he really cares
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Iconic!
PM @NarendraModi's gift to Ahmedabad and Gujarat will be a world class Railway Station which will beat any international airport.
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@MartSchmalzried @lopp My dude,
Collectively enforced = standing army
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@lopp Depends.. private property is always dependent on a society's recognition and enforcement of this "right". But it can take the form of a standing army, or a collectively agreed upon and collectively enforced DAO which tracks ownership status.
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A friend got fired from Byju because he couldn't meet his sales target of selling byju tablets to only 40 rickshaw walas when he was given a target of 50 "rickshaw walas".
And before his HR informed he's fired he was removed from his "Bangalore Tigers" WhatsApp group.
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