I am outside of the US... so i absolutely do not give a freaking f about the usd price :-) What i currently see happening is americans are over confident in the USD, Government, Bonds, Treasury bills.
In case you would have to leave your country with all your wealth, do you think its a good time to sell when everyone else also wants to exit or is it better to exit before?
In case of a default... what do you think your bonds , treasury's are worth?
In case the USD devalues 99% over night becasue , lets say they remove a decimal from all accounts.... because otherwise they default?
In case a war breaks out between US - China, what do you think the USD will do? it would decay to powder because it requires a lot of printing to keep the military happy.
Thoses are just a few informations.... (I am not a US citizen, i was original from Europe and moved to Asia) . Just from what i see and hear i believe more in Bitcoin and Gold.... for example i hold 96% Bitcoin, 2% Gold, 2% the currency paper where i currently reside. 2% of my networth is more than enough to survive for more than 2 years no matter what happens.
If you realy so trust the government and dont like bitcoin enough, then just take some out and put it in gold just to protect your purchasing power. Everything hard (Bitcoin, Gold, Silver, Assets, is better than fiat in the bank).
But i would never tell you what you have to do, i might have a alu hat or being a conspiracy theorist... but i think protection and evaluation of possible risks is much more important than ever before... Please do whats good for you considering the possible risks.
snapo /
npub1tv…nx3zg
2023-03-28 21:30:18
in reply to nevent1q…mx3n
Author Public Key
npub1tvuqquww07r75lju3el6g2u0gvlls078k0uegr6st6hmelw7fztsxnx3zgPublished at
2023-03-28 21:30:18Event JSON
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"content": "I am outside of the US... so i absolutely do not give a freaking f about the usd price :-) What i currently see happening is americans are over confident in the USD, Government, Bonds, Treasury bills.\n\nIn case you would have to leave your country with all your wealth, do you think its a good time to sell when everyone else also wants to exit or is it better to exit before?\n\nIn case of a default... what do you think your bonds , treasury's are worth?\n\nIn case the USD devalues 99% over night becasue , lets say they remove a decimal from all accounts.... because otherwise they default? \n\nIn case a war breaks out between US - China, what do you think the USD will do? it would decay to powder because it requires a lot of printing to keep the military happy.\n\nThoses are just a few informations.... (I am not a US citizen, i was original from Europe and moved to Asia) . Just from what i see and hear i believe more in Bitcoin and Gold.... for example i hold 96% Bitcoin, 2% Gold, 2% the currency paper where i currently reside. 2% of my networth is more than enough to survive for more than 2 years no matter what happens.\n\nIf you realy so trust the government and dont like bitcoin enough, then just take some out and put it in gold just to protect your purchasing power. Everything hard (Bitcoin, Gold, Silver, Assets, is better than fiat in the bank).\n\nBut i would never tell you what you have to do, i might have a alu hat or being a conspiracy theorist... but i think protection and evaluation of possible risks is much more important than ever before... Please do whats good for you considering the possible risks.",
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