The ‘Bitcoin Family’ immigrates to Portugal for its 0% tax on cryptocurrencies

[hive]

Is this person right to think graduate degrees give more skills? I thought working in the job did that.

[pas]

It would seem that the lessons learned from the Great Crash of Wall Street in 1929 have been largely forgotten.

[Grum]

when has inflation ever rolled itself back?? is there any historical data ?  The people suffering will be the middle class , and next yr it will be worse when the tax code strongly punishes small businesses with ludicrous scrutiny

[may]

he sounds like he may still be very rich.... good boy!

[otn]

< I see BTC at $75K by end of this year but Will always let  anyone know to forget predictions and start making good profit now because future valuations are all speculations and guesses.The market is very unstable and you can't tell if it's going bearish or bullish.While myself and others are tradn without fear of making a loss others are being patient for the price to skyrocket. It all depends on the pattern you follow.I was able to make 30 bTC in just September from implementin  tradess with tips and info from Mr Gabriel Alberto Williams>

[fras]

This time its different. MMT forever.

[yal]

"Pop goes the whistle"

[zte]

Getting through Mr. Shermans statement without dying of laughter is a very respectable feat.

[AA83]

"WHAT IF"?  What if the domestic-calculus were to include increasing numbers of elder-Americans who want and need to perform in the marketplace to combat the declining purchasing power of their fixed income?  How would that play in the political dynamic of younger participants in the marketplace trying to 'gain-a-foothold' or 'hold-their-own'?

[foil]

The FED is always in the know but behind the scenes.  This is just bla bla bla and cryptos will eventually be regulated for AI and the new economy.

[dyl]

LOL Alma Adams, how many black empowered women work for your company, Jesus can we get serious.

[bpo]

They're talking about run-of-the-mill inflation driven by wage-price spirals, and saying that's how you get an inflationary spiral. In my mind, that's not the only way. We have a fiat currency and it's value is really derived from people's faith in it's value. You can print money and encourage borrowing etc, but much like stock market bubbles, there is a tipping point in there when all the feedbacks turn from negative to positive.  Normally, you hold money, it holds it's value, there's no real push to gain or spend it. If you think inflation is going to increase, it now becomes a hot potato that you want to spend as soon as you get it. You do this by buying useful assets like houses, land, food, things you need. When everyone does this it drives up the price, which would normally dampen demand, but if the expectation that money will continue losing value and the price will only increase, then the price doesn't matter anymore. Sellers can ask arbitrarily high prices. But who's going to sell into this and accept that money? Thus supply goes down at the same time demand goes up, further exacerbating the situation.  The government has been pumping new money into the economy to try and stimulate it, yet velocity stays low. Who needs to spend all that money under normal circumstances? But what happens when it all starts losing value? All that "cold" money suddenly turns hot, and the *effective* money supply suddenly increases. Meanwhile, everyone is also incentivized to borrow as much as possible to "short" the currency, further increasing the supply. But who wants to lend into this? The credit market slows, and the government steps in as "lender of last resort" again....using printed money.  Meanwhile, the massive amounts of money tied up in the stock market suddenly need a new home. I mean, who wants to hold a stock when all you can get out of it is increasingly worthless money. You paper gains are impressive, but it's only a reflection of the fact your asset is losing value, because the only value it has is denominated in dollars (rather than any kind of tangible use).  I mean it goes on and on. Wage-price spirals may be a part of 'normal' inflation but they don't really play into hyperinflation.

[bert]

I like how they pretend to be surprised. No shame.

[Disy]

One thing is clear, California politicians are a mess and embarrassment.

[auld]

Remember the world when Orange Man Bad was the US president. Things look really bad now and are just going to get worse.