dgm885

Did they even look at the financials? While I’m not a fan of Facebook the Meta business is very profitable. Markets overreact in the short term.

In this thread, ignorance…..is going ballistic.

Time for a walk-about. I suggest a 2,200 mile trek on the Appalachian Trail. You need to buy gear and try a couple of short multi-day trips to get your operating mode sorted out. After 4-6 months of trail living, your perspective is likely to change.

I’ve got a decent sized portfolio, have been investing since the early 1980s and today is very different from the late 1970s. I’ve replaced bonds with crypto (80% BTC, 20% altcoins like ETH, SOL, LINK, and a few others). These represent around 10% of my holdings. I’m increasing that to 20% over the next year.

The CPI understates inflation. Do you eat out? Go to grocery stores. Calculate you personal inflation rate. For me it seems to be 10% to 15%.

The comment in this thread are powered by ignorance. Study the history of monetary systems going back around 690 years to present. Fiat currencies eventually fail due to government hubris. Bitcoin's algorithmic cap on units addresses that. Alt-coins are more transactional and many are more like businesses. BTC is going to continue to grow. Some tiny fraction of the alt-coin market will thrive and potentially have even larger market caps than BTC. These coins are getting traction for different reasons but BTC is an asset with staying power that provides a means for hedging against devaluing fiat currencies. Altcoins are going to take margin away from financial services entities by empowering transactions that won't require intermediaries. I think that crypto currencies are an innovation with many positive attributes.

When plumbing was added to buildings in cities. Just a theory, but if you were walking down Fleet Street in London pre plumbing, where do you think people were tossing their bodily fluids and solids? I’d want a top hat to provide some separation between my head and what was falling from above.

Here’s a fundamental value…it’s not controlled by the fed. It is deflationary. It is property that is easily moved. If you move into transactional platforms (ETH/ADA) these and other will facilitate programmable transactions that won’t require intermediaries. It’s still early, who knows how digital money with lower gas fees will evolve.

Interesting read. I'm 62 but hang out with a lot of people in their 20s and 30s. I enjoy learning new things and fiddling with technology. Age is just a number. My long term gosl is to be the oldest person to through hike the AT. I also plan to have a work+free income of no less than $100K per year by age 70. These goals keep me interested, active, and learning.

I’d did, by giving up all soft drinks. Especially Coke.