Investment

https://ytpak.net/watch?v=DxREm3s1scA

    • Elon says “I am not Satoshi Nakamoto” (the “inventor” whitepaper ghost writer of bitcoin) (many people have claimed to be Nakamoto to get famous)
    • What is the current monetary system? (FED, ECB)
      • Elon: “a bunch of mainframes running ancient cobol”
    • What is money?
      • Elon: “a database for resource allocation”
      • comment: yes, that is what money should be and those resources should be allocated in a way that makes sense – sense like: ensure the sustainable (ongoing) survival of mankind – but it is not – it is: whoever is sitting closest to the FIAT money printing press, is getting “rich” (allocates a senseless amount of resources for himself/herself/family while starving the rest of the planet)
      • it is broken broken broken: FED buys “value”papers issued by companies $ 120 billion A MONTH (!) with self-printed money
        • while telling the people “it’s okay” or it will be “temporary” (La Guarde ECB), because the THEORY is: if banks print money and give it to banks for buying stocks (trade paper against paper) there will be no inflation, in 2021/2022 everyone knows: ANOTHER DAMN LIE TO EXPLOIT PEOPLE!
      • Elon falesly (like 99% of all people) think the goverment makes the monetary rules and prints the money, guess what, that is not true, the privilege of seniourage (the right to print money) was taken away from the government (the state) to a “independent” entity, because the government would probably missuse this privilege and print too much money, well exactly what is happening now X-D
        • Old French seigneuriage, “right of the lord (seigneur) to mint money”
    • What is good about bitcoin and fundamentally different to the current monetary system: it is distributed, not centralized (anyone with computers and energy can run it)

woman giving birth to baby – maybe not everything should be run like a profit center

 

mankind will have to prevail in many many more (also international/global/planet wide) challenges and adventures

mankind’s survival checklist:

  • hunt or grow enough food: managed, but the distribution is still a problem and production depends on non-renewable resources such as fossil-fuels and Potash-fertilizers
  • avoid or kill the saber-tooth-cat: check
  • survive multiple diseases (viruses & bacteria): check (until now)
  • CFCs-challenge: aka when refrigerators almost killed the Ozone-layer: averted
  • Nuclear War between USA and UDSSR (or any other nation): averted (until now, seriously thanks all involved, i know it was hard)
  • build an sustainable economy & transportation system before the ecosystem collapses or fossil-fuels run out: in progress… but maybe too slow (too much corruption & too little investment into renewables (c’mon Biden! c’mon China!)
  • … many more challenges…

there is no guarantee that mankind will survive all of it’s mistakes & adventures

but the least mankind could do (and often fails) is work together and help each other towards sustainable survival in the universe (the universe “does it’s thing” and does not care if mankind goes extinct or not)

(this does not mean you have to become Jesus and sacrifice everything for mankind’s survival)

for life in the universe is precious and intelligent life is even more precious

ps: if you want to search the web for “mankind” and do not mean the ugly wrestling guy, try the (-)minus sign before -wrestling: https://duckduckgo.com/?q=mankind+-wrestling&ia=web