Having currency doesn't mean bartering ceases to exist.
Society SVB Bank insolvency/collapse - Silicone Valley
- Thread starter sparkuri
- Start date
Who said it did? The fact remains that copper is useful for many things beyond just making a coin.
That was the cornerstone for your argument about why it's smart to horde copper. In 2023 the average person has 0 use for raw copper.
We Haven't Seen Anything Like This Since BLACK MONDAY 1987
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This is what has me timid.
Inversion of the yield curve/treasuries.
I'm gonna watch this week.
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No one's banking on the average person.
At $4/lb. with only upswing industrially medium-long term, it's just a wise move.
I can take copper 10 minutes any direction & exchange for fiat, that's not gonna change.
The BIS will make sure the USD/milkshake theory has legs for years.
As long as the U.S. has aircraft carriers & reserve currency status I think we're above water.
Personally I agree, but that makes hording something like copper somewhat foolish. Silver or Gold, sure. But having to store thousands of pounds of copper for the purpose of speculation doesn't make a pile of sense to me.
It was a joke as far as using it for barter and trade. Which I can understand you taking it seriously because you dont know me. Nor have I posted here long.
But as Sparkuri stated, I can take my copper 15 miles down the road and scrap it for cash.
So if I threw it away, I'd just be throwing away free money, as I get a lot of copper, aluminum, and metal from my work.
Although I will say the majority of the copper came from the old boiler system, as I stated previously.
I try not to make a habit of throwing away items that can be traded in for cash.
^Never trust a guy with a lisp...
View: https://twitter.com/GunnelsWarren/status/1635078134088470529
"Joke"
Project Icebreaker - CBDC comin for dat ass!
Project Icebreaker concludes experiment for a new architecture for cross-border retail CBDCs
Project Icebreaker concludes experiment for a new architecture for cross-border retail CBDCs.
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I can always appreciate a good 'airing out'
View: https://twitter.com/design2live/status/1635441659130380288?s=19
View: https://twitter.com/design2live/status/1635441659130380288?s=19
iceberg or icebreaker?Project Iceberg - CBDC comin for dat ass!
Project Icebreaker concludes experiment for a new architecture for cross-border retail CBDCs
Project Icebreaker concludes experiment for a new architecture for cross-border retail CBDCs.www.bis.org
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Project Icebreaker concludes experiment for a new architecture for cross-border retail CBDCs
Project Icebreaker concludes experiment for a new architecture for cross-border retail CBDCs.
Data = Power
2014:
Data is the New Gold: Marketing and Innovation in the New Economy
This article appeared in Business Horizon Quarterly, Issue #12It is available via PDF here. -By Rachel Nyswander Thomas, Executive Director of the Data-Driven Marketing Institute at the Direct Marketi
2017:
Mark Cuban: "Data is the new gold"
Technology companies are constantly innovating. Credit Suisse supports them in a variety of ways, including its unique networking platform, the Credit Suisse Private Internet Company Summit.
www.credit-suisse.com
2020:
Council Post: Information Is The New Gold
Digital information about customers’ behavior in combination with an actionable business model is the new gold.
www.forbes.com
2023
Data is the New Gold, But May Threaten Democracy and Dignity
Few safeguards protect our private data in today’s information economy. What can be done about the fact that our personal images and data can be exploited, potentially threatening personal as well as…
www.cfr.org
Yes2014:
Data is the New Gold: Marketing and Innovation in the New Economy
This article appeared in Business Horizon Quarterly, Issue #12It is available via PDF here. -By Rachel Nyswander Thomas, Executive Director of the Data-Driven Marketing Institute at the Direct Marketiwww.uschamberfoundation.org
2017:
Mark Cuban: "Data is the new gold"
Technology companies are constantly innovating. Credit Suisse supports them in a variety of ways, including its unique networking platform, the Credit Suisse Private Internet Company Summit.
2020:
Council Post: Information Is The New Gold
Digital information about customers’ behavior in combination with an actionable business model is the new gold.
2023
Data is the New Gold, But May Threaten Democracy and Dignity
Few safeguards protect our private data in today’s information economy. What can be done about the fact that our personal images and data can be exploited, potentially threatening personal as well as…
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I think you're missing the point here dude. Don't let the asshole elites misframe this
- The regulations on mid-size bank reserves ratios were too low to begin with. That allowed executives to gamble with deposits and pay themselves big salaries and bonuses
- trump repealed regulations with the help of 17 of the most corrupt democrats since those executives donate to the corrupt Republicans and democrats alike. And Democrat voters shouldn't kid themselves. Almost every corrupt Democrat, including biden, secretly loved trump doing that since it made their donors happy
- case in point, bidens administration made no move to increase the capital ratio requirements
Anyone painting this is a woke issue related to staff diversity or woke investments is lying to you. The investments that lost value when interest rates rose were the US treasuries. US treasuries are not woke
The real issue is greed and a political system that allows those greedy assholes to buy off almost every member of congress on both sides of the aisle, with the exception of Matt gaetz and a few other Republicans, and a handful of Justice democrats