Got Insurance for this? You Decide 04 20

[goillini52]

Fixed that for you.

I stopped watching Nickelodeon when they went woke.

 

[Travis Price]

Even as an avid partaker, I wouldn't want to be dosed without my knowledge. Edibles are a lot more potent than regular smoking. Lots of people eat their fill at a wedding, so it wouldn't be hard to unknowingly take way too much and have a bad reaction. Being one of those folks who has maybe at one point taken too much, the feeling of impending death can be a side-effect, even with knowing how much you took.

Unless you're joking, then disregard.

I can agree with this. As someone that only consumes edibles (because I hate smoking) it's easy to over dose because effects aren't immediate, when you know you're taking it. I can't imagine not knowing you're injesting something and eating like normal and it being spiked.

I've never had an adverse reaction to pot though, so some of the things these people are describing seems silly.

 

[Markthebroker]

I stopped watching Nickelodeon when they went woke.

You say what you want about Bill Maher, but he refuses to go woke, cancel culture, or any of that crazy lefty stuff. He's a bit too liberal for me, but I really respect his defense of free speech and rejection of the crazy lefty stuff, so I continue to watch his show.

 

[Markthebroker]

I've never had an adverse reaction to pot though, so some of the things these people are describing seems silly.

Yeah, I mean you take someone that doesn't know they are being spiked, maybe it's their first time, then add the hype that the media spins on it, and there you go.

 

[Travis Price]

You say what you want about Bill Maher, but he refuses to go woke, cancel culture, or any of that crazy lefty stuff. He's a bit too liberal for me, but I really respect his defense of free speech and rejection of the crazy lefty stuff, so I continue to watch his show.

When Bill Maher isn't playing his character on a TV show, he's really interesting to listen to.. I HATE watching is show, because he comes off as way too smarmy.

On top of that, he doesn't have a really great history when it comes to commenting on technology. This watch his stuff when the internet came out and even about crypto.Crypto..

He's always wrong when it comes to emerging tech and not in a "bad opinion" but in that shit eating grin and tone he has.

 

[Markthebroker]

When Bill Maher isn't playing his character on a TV show, he's really interesting to listen to.. I HATE watching is show, because he comes off as way too smarmy.

On top of that, he doesn't have a really great history when it comes to commenting on technology. This watch his stuff when the internet came out and even about crypto.Crypto..

He's always wrong when it comes to emerging tech and not in a "bad opinion" but in that shit eating grin and tone he has.

Well, in a few hundred years we will have enough of a track record on Crypto to know if he was right or wrong. But the fact that every currency that isn't in and of itself a valuable mineral has failed, and that we are overdue for a significant solar storm makes me very nervous about it. Personally, I usually don't put a lot of stake in anything that's less than a few hundred years old. If it's more than a few hundred years old I can easily value it and judge where it's going. If it's less than a few hundred years old then I, and I mean me personally, can't. Call me stupid if you want, but I'm smart enough to know what I don't know.

 

[Travis Price]

Well, in a few hundred years we will have enough of a track record on Crypto to know if he was right or wrong. But the fact that every currency that isn't in and of itself a valuable mineral has failed, and that we are overdue for a significant solar storm makes me very nervous about it.

So, every currency that has been issued by a centralized government has failed. Depending on what you buy, crypto can be a digital mineral, like gold.

BTC, for example, isn't valuable JUST because it says BTC (although the brand is important), there's an underlying network, such as computer software.

As for a solar flare.. that only matters in Crypto if the power outage is permanent. The distributed ledger is still online when the power comes back on.. that'd the power (and difference) of crypto... the public, decentralized ledger.

If there's a permanent power outage, your money in banks, the stocks, bonds, and commodities you do not physically stored are gone anyway.

As for everything else, you only invest in commodities and a few select stocks? Because most stocks, and especially ones for growth, haven't been around for a few hundred years.. because businesses usually don't stick around that long.

Risk adjust, if you opt to invest in crypto. No more than 20% of your portfolio, 5% in any specific crypto.

But.. neither of us are going to be around in 100+ years.

I mean, based on your assessment, the Internet (because it hasn't been around for hundreds of years) may be just a fad.. That was Maher's take when the internet was just a baby.. he was very wrong.

Your opinion is your own.. I don't invest in how things are. I'm more of a futurist.


There's a law in tech, called Amara's Law. It basically states that we overestimate the effect of tech in the near term, and underestimate in the long term.

Also, just for added context, Crypto is the fastest adopted tech in the world's recorded history..

 

[Markthebroker]

As for a solar flare.. that only matters in Crypto if the power outage is permanent. The distributed ledger is still online when the power comes back on.. that'd the power (and difference) of crypto... the public, decentralized ledger.

Yes, but if 100% of bitcoin, google maps, and door dash can't be accessed for 12, 24 or 48 hours, the looting and chaos will cause permanent damage. There are plenty of people that will not be able to function for more than a few hours without internet connection. And the more things exclusive to internet, the bigger the chaos. Just look at the chaos from this pandemic. The hospitalization rate for covid was a very small percentage, and it killed 1 in 700 Americans each year. Look at the chaos it caused because people didn't even have minimal ability to deal with a shut down. Just imagine if 100% of people couldn't access their money for even a short period of time.

If there's a permanent power outage, your money in banks, the stocks, bonds, and commodities you do not physically stored are gone anyway.

Again, the power outage doesn't need to be permanent. Look at what happened in 1929. That wasn't permanent, but was enough to cause chaos and a run on the banks.

My real estate, gold, silver, food, water and cash all physically exist where I can access it personally.

As for everything else, you only invest in commodities and a few select stocks? Because most stocks, and especially ones for growth, haven't been around for a few hundred years.. because businesses usually don't stick around that long.

All of the businesses I have started are in industries thousands of years old. My investments in gold, silver and real estate rely on metrics and concepts that are about as old as time itself. While the stocks I invest in are with companies that may be less than a few hundred years old, I rely on investing metrics and models that are very old, implemented by advisors with decades old tract record.

I started investing about 20 years ago. I tried timing the market, and working the angles. I quickly learned that I wasn't smart enough to outsmart Wall Street and all the full time investors. I was however smart enough to follow successful systems that had been proven over time. Frankly, even an *** is smart enough to do that. In '08 I watched what happened to everyone with their clever ideas to shortcut the system and make a quick buck.

With all that said, eventually I will probably put money in Crypto as a hedge to round out my portfolio. Not as an investment to make money, but as a sort of "what if" hedge, if that makes sense.

I think you already understand this, but I'm not saying you are in any way wrong about Crypto. I'm just saying where I'm at with it.

 

[Travis Price]

Yes, but if 100% of bitcoin, google maps, and door dash can't be accessed for 12, 24 or 48 hours, the looting and chaos will cause permanent damage.

To be fair, this would happen to all assets that are not physical in nature. Bank accounts, stocks and other equities, credit. Basically whatever isn't in your physical possession.

Which I definitely believe in have those physical assets available and I keep a small stockpile just in case.

I think you already understand this, but I'm not saying you are in any way wrong about Crypto. I'm just saying where I'm at with it

I totally understand. You should only invest in things you actively understand and have a risk tolerance for. I'm not saying YOU'RE WRONG DUMB DUMB. Just presenting a counterpoint that you can consider, but not necessarily act on.

Information and debate is always good, imo. Doesn't mean you have to do anything with it.. but that you've thought about it.

If that makes sense.

 

[Downeast Agent]

I can agree with this. As someone that only consumes edibles (because I hate smoking) it's easy to over dose because effects aren't immediate, when you know you're taking it. I can't imagine not knowing you're injesting something and eating like normal and it being spiked.

I've never had an adverse reaction to pot though, so some of the things these people are describing seems silly.

I hate smoking as well, but I don't like edibles too much(they make me too paranoid). I got one of those PAX vaporizers and I use it exclusively. It was a great buy for me. I can even adjust the temperature from my phone.