Replies (13)

R's avatar
R 5 months ago
There is always a tipping point. Chaos for the 1% may be closer than they think. Seems like a good time to acquire some bitcoin.
Surfside's avatar
Surfside 5 months ago
What is this "middle class" you allude to?๐Ÿ˜‚
In an isolated system (21M Cap), entropy always increases. Yea there could be regions of lowering entropy, but overall there is a direction.
This is a stupid assertion. It's called a dominance hierarchy, and is an indelible part of the nature of reality. It will always exist, even with a 100% Bitcoin world. "Control" is also wrong. No one controls income, because it's determined by how well a person meets the needs of other people. And because that list of 1% will be different in one year. This is very zero sum game thinking, born of poverty mentality. If someone wants to graduate to rich, make better choices, then you'll not be middle class anymore.
Financial markets completey abstracted risk of investment and wealth accumulation from the real economy. That capital concentration will somehow correct itself because the rich make the wrong investments in the markets is disproven by reality to a degree that you have to really go out of your way to ignore it. It will obviously correct itself, but not because of choices people make in the market, but because more and more money is syphoned out of the economy into financial assets, which decreases demand in the real economy, which will eventually lead to a complete collapse of it, followed by civil unrest, a lot of horrible shit, the rich hanging from the street lanterns again, etc.
Mark Harris's avatar
Mark Harris 5 months ago
Bitcoin is a very high-risk investment because it's a volatile asset. That means that Bitcoin values may rise or fall dramatically in value over a very short period_ even as quickly as a few hours or days. Like all cryptocurrencies and a good mentor will guide you through this though period to make even with the current drop in cryptocurrencies,I started investing in stocks and cryptocurrencies with $1,000 Lol jobless claims up all the right things that show higher rates are doing the job and the market goes up inflation with the best way to find the balance between saving. Text&Wassup +44/7446066295 telegram link trading ~view @financeCryptoGlobalExchange
Vincent Anton's avatar
Vincent Anton 5 months ago
Intrested to see where this graph is in another 25 years.
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