351–360 of 456 posts
BABIES! So many COVID-induced lockdown babies! I've had so many people, many who were either done with having children, and those who weren't planning to for a while yet, announce their pregnancies. Wonder if there are any companies I can invest in to cash in on this?
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I’m not OP, but I agree with OP. To me, BTC looks like an inefficient way to partially solve a problem that doesn’t exist — the problem of trust. It’s only a partial solution because it only deals with the money in a transaction and not the goods/services. In addition, it also exists purely by consensus and is therefore just as vulnerable to majority demands for inflation (the limit of 21 million is a choice, not a f…
You can't trust the government (or the central banks) to not dilute your savings by increasing the money supply - something they have already been doing in 2020 at an unprecedented rate which will continue in 2021. While Bitcoin might not be the payment system some have been hoping for, it surely provides a hedge against the incoming increase in inflation rates which is why institutional investors are increasingly re…
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Interesting. I predict the exact opposite: birth rates will decline dramatically. I'm not alone in that prediction. According to this article, birth rates have already started to decline in the US: https://www.theatlantic.com/family/archive/2020/11/covid-19-...
I have never heard of so many babies on the way as now. Heck, even I had a son born in November (so not technically a lockdown baby).
Baader-Meinhof phenomenon got you good!
I predict that we'll see a sharp drop in real estate prices and rents in major cities. They are way beyond reasonable at the moment; my presumption is that the decline of small businesses will open up at lot of space. Given this and the radical shift to work from home, I presume that the cities will attract far less people (especially in high paid jobs) and therefore the apartment searching madness we see right now w…
I'm assuming this is from a US perspective. Do people in other places with high rents around the world feel the same?
1. Commercial real estate nose dives, karaoke bars expand exponentially in the free space 2. Vaccines take a long time to roll out (~3 yrs) so international travel enacts mandatory screening - meaning giving your swab samples to nation states just to enter the country.. like how the US takes your fingerprint - privacy erosion gets worse to the point of mass protests but won’t be fixed for decades 3. Routine dr appoin…
How about: Rust has its "left-pad" moment?
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I’m not OP, but I agree with OP. To me, BTC looks like an inefficient way to partially solve a problem that doesn’t exist — the problem of trust. It’s only a partial solution because it only deals with the money in a transaction and not the goods/services. In addition, it also exists purely by consensus and is therefore just as vulnerable to majority demands for inflation (the limit of 21 million is a choice, not a f…
You can't trust the government (or the central banks) to not dilute your savings by increasing the money supply - something they have already been doing in 2020 at an unprecedented rate which will continue in 2021. While Bitcoin might not be the payment system some have been hoping for, it surely provides a hedge against the incoming increase in inflation rates which is why institutional investors are increasingly re…
I expect the government to do so, and I also expect that it will usually be done in a controlled fashion and for broader economic benefit. Conversely, I expect that when Bitcoin goes wrong and the 21 million unit limit is replaced (call it “Bitcoin Future Fork” or whatever), this will be done by people not too familiar with hyperinflation.
I’m also hedging against inflation with property, although I could also hedge against it with shares or precious metals.
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The thought that WeWork will ever recover is comical. I’d be surprised if they are alive by summer.
Let me clarify that a bit--their concept has better real business prospects than ever. I'm not commenting on their ability to match their over-promises, their leadership, capital structure, or their misalignment to their valuation. I suppose their ability to stay alive is apart of their prospects, though.
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I think eurozone collapse will begin in germany, centered around the collapse of deutsche bank. No other scenario will make sense. Although it will still be bad, the uk will have dodged a bigger bullet with brexit.
Since the UK was never in the eurozone, if anything it would be more affected in this scenario following Brexit. In that scenario, the UK will have no influence in the EU and not a single person in the EU will think it's important to protect Britain's political interests.
* 50% of all US currency is printed between now and the end of 2021 * 1 Bitcoin will cost over $100k on Dec 31, 2021 * An animation tool rivaling Adobe Flash for the web will emerge * FB releases a thin virtual reality headset https://research.fb.com/blog/2020/06/holographic-optics-for-... * Austin Tx or Seattle Wa succeeds Silicon Valley as the next major tech hub. San Francisco and its century old Victorians become…
I don't see why the Treasury and Mint would start making more paper money and coins.
It really bugs me when people incorrectly talk about the money supply as 'currency'. Currency is printed by the US Mint/Treasury. Money appears out of thin air when banks make loans.