Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues. Thanks to Loraine Souvenir for her exceptional guidance and support in mastering these essential skills! so glad I started her program.
Having access to reliable information is crucial for us as investors to succeed both financially and in life. This is valuable, I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this
Surprised to see her mentioned here! She tailors trading courses to suit beginners’ needs and really knows her stuff. Her advice has been invaluable to my trading journey-definitely worth it!
Wealth building and financial freedom are attainable with the right knowledge and tools. Using proper financial strategies and products is essential to growing and sustaining long-term wealth.. glad to know you want others to succeed
It's truly refreshing to see a comment about Loraine Souvenir. I've also had the pleasure of working with her for several months after discovering more about her online. She has a knack for simplifying complex issues, whether it's a market surge or decline. Her approach consistently keeps you ahead of the curve. I'd call her a guru, for sure
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary
For gold, I see your point and tend to agree, but the “cost” to store Bitcoin is so minimal that I can’t imagine the risk of default on a loan ever being lower than the cost of Bitcoin storage. Combine that with time preference always being positive, and even in a very low time preference society, I think interest can get very low, but never zero.
I think I have to agree. My theory would be that interest rates will behave kind of like an exponentially decreasing function. approaching zero forever but never reaching zero.
funny that the other day i thought about what your next book could be about and came to the conclusion that a book about what a world under a hard money standard would actually look like would be very interesting to read! im soo happy to hear that this book will actually be released ❤
Can you do a video about how transaction fees will need to replace the subsidy ? After 16 years BTC is typically only generating around $200 a minute in transaction fees ($2k per block) to keep the miners and network alive without the mining subsidy which with each halving trends to zero Off-chain L2 transactions drain revenue from miners and there is a big trend towards BTC moving into ETF's and the 'never sell your Bitcoin' mentality which does nothing to support the network Increase the block size or increase the supply 🤔 Peter Todd wrote a paper about increasing BTC coin supply in 2022. most likely why 'they' announced him as Satoshi in the recent HBO Documentary IF (when) the proposal to increase BTC supply happens things could get very interesting for Bitcoin Cash or even BSV which retains the original protocol "set in stone"
One better: sats will appreciate in real terms faster than the cost of miner fees, which means there will be negative nominal interest rates, but still positive in real terms.
This looks like a risk After 16 years BTC is typically only generating around $200 a minute in transaction fees ($2k per block) to keep the miners and network alive without the mining subsidy which with each halving trends to zero Off-chain L2 transactions drain revenue from miners and there is a big trend towards BTC moving into ETF's and the 'never sell your Bitcoin' mentality which does nothing to support the network Increase the block size or increase the supply 🤔 Peter Todd wrote a paper about increasing BTC coin supply in 2022. most likely why 'they' announced him as Satoshi in the recent HBO Documentary IF (when) the proposal to increase BTC supply happens things could get very interesting for Bitcoin Cash or even BSV which retains the original protocol "set in stone"
Many christians throughout history failed to recognize two sides of interest rates and usury, which are personal and business Personal money lending is when someone you know is in need and comes to you for help, if you can and do lend money, you should do so no even expecting a pay back, you do it not by faith in the human, by faith in god Business money lending is expressed in the bible: "You may charge a foreigner interest, but you may not charge your brother interest" Deuteronomy 23:19-20 Taking loans is a tool, it can be used for good purposes or bad purposes, the tool itself or selling the tool isn't good or bad
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Veronica Hoy
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues. Thanks to Loraine Souvenir for her exceptional guidance and support in mastering these essential skills! so glad I started her program.
Having access to reliable information is crucial for us as investors to succeed both financially and in life. This is valuable, I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this
Surprised to see her mentioned here! She tailors trading courses to suit beginners’ needs and really knows her stuff. Her advice has been invaluable to my trading journey-definitely worth it!
Wealth building and financial freedom are attainable with the right knowledge and tools. Using proper financial strategies and products is essential to growing and sustaining long-term wealth.. glad to know you want others to succeed
It's truly refreshing to see a comment about Loraine Souvenir. I've also had the pleasure of working with her for several months after discovering more about her online. She has a knack for simplifying complex issues, whether it's a market surge or decline. Her approach consistently keeps you ahead of the curve. I'd call her a guru, for sure
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary
The Michael Saylor interview, without Michael Saylor, 42mins of Saif letting rip
28:52 saving and for going consumption helps create capital....but don't forget time and energy (to include labor and thinking) is required as well
For gold, I see your point and tend to agree, but the “cost” to store Bitcoin is so minimal that I can’t imagine the risk of default on a loan ever being lower than the cost of Bitcoin storage. Combine that with time preference always being positive, and even in a very low time preference society, I think interest can get very low, but never zero.
I think I have to agree. My theory would be that interest rates will behave kind of like an exponentially decreasing function. approaching zero forever but never reaching zero.
funny that the other day i thought about what your next book could be about and came to the conclusion that a book about what a world under a hard money standard would actually look like would be very interesting to read!
im soo happy to hear that this book will actually be released ❤
Can you do a video about how transaction fees will need to replace the subsidy ?
After 16 years BTC is typically only generating around $200 a minute in transaction fees ($2k per block) to keep the miners and network alive without the mining subsidy which with each halving trends to zero
Off-chain L2 transactions drain revenue from miners and there is a big trend towards BTC moving into ETF's and the 'never sell your Bitcoin' mentality which does nothing to support the network
Increase the block size or increase the supply 🤔
Peter Todd wrote a paper about increasing BTC coin supply in 2022. most likely why 'they' announced him as Satoshi in the recent HBO Documentary
IF (when) the proposal to increase BTC supply happens things could get very interesting for Bitcoin Cash or even BSV which retains the original protocol "set in stone"
One better: sats will appreciate in real terms faster than the cost of miner fees, which means there will be negative nominal interest rates, but still positive in real terms.
There's always some risk
This looks like a risk
After 16 years BTC is typically only generating around $200 a minute in transaction fees ($2k per block) to keep the miners and network alive without the mining subsidy which with each halving trends to zero
Off-chain L2 transactions drain revenue from miners and there is a big trend towards BTC moving into ETF's and the 'never sell your Bitcoin' mentality which does nothing to support the network
Increase the block size or increase the supply 🤔
Peter Todd wrote a paper about increasing BTC coin supply in 2022. most likely why 'they' announced him as Satoshi in the recent HBO Documentary
IF (when) the proposal to increase BTC supply happens things could get very interesting for Bitcoin Cash or even BSV which retains the original protocol "set in stone"
Interest would be immortal in a low to negative inflation environment. But in the world of 8% inflation, lending costs money.
Is this presentation available somewhere? The slides aren't clear in the video. 🙁
if on hard money interest rates goes to zero on a free market fiat money interest rates go to infitny?
Many christians throughout history failed to recognize two sides of interest rates and usury, which are personal and business
Personal money lending is when someone you know is in need and comes to you for help, if you can and do lend money, you should do so no even expecting a pay back, you do it not by faith in the human, by faith in god
Business money lending is expressed in the bible:
"You may charge a foreigner interest, but you may not charge your brother interest" Deuteronomy 23:19-20
Taking loans is a tool, it can be used for good purposes or bad purposes, the tool itself or selling the tool isn't good or bad
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Veronica Hoy
I'm surprised that this name is being mentioned here, I stumbled upon one of Veronica Hoy clients testimonies on CNBC news last week
Veronica Hoy strategy has normalised winning trades for me also and it's a huge milestone for me looking back to how it all started
Really you people know Veronica Hoy? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.
the bible is not pro in baning lending they just advice people to not charge interest