I really hope that crypto doesn't die completely. It's still a useful tool. It's just that we got idiots using it as an investment and people treating it like a panacea while not considering other alternatives like precious metals.
It's a tool that has certain uses. I think it's best for trading digital goods and services while physical currencies like precious metals should be for trading locally.
@PhenomX6 I used it to buy books counter-economically and donated to some services and libertarian projects.
I hope Monero goes back up again, though. It's the only crypto worth a damn right now.
@cee You could probably find like-minded people in your area using this website, but registrations are currently closed because they are updating their software.
@cee It's nice that you are still looking out for his trees. Is anyone going to inherit the farm?
Justin Trudeau is ‘gaslighting law-abiding gun owners’
https://traffic.megaphone.fm/POME9373741691.mp3?updated=1655073326
@GinNig Nations are a spook. Embrace individualism, free markets, and private property. ![]()
https://www.investopedia.com/terms/a/announcment-effect.asp
An announcement from the Federal Reserve (“the Fed”) about a change in interest rates generally correlates directly to stock prices and trading activity. For example, if the Fed raises interest rates, then stock prices are liable to fall.
In general, traders eagerly await announcements that come from the Federal Reserve. On Fed days, trading volume is notably higher; and on the day preceding a Fed day, trading is usually relatively calm.
This is pretty much common knowledge for anyone with a passing interest in publicly traded securities.
This is also ignoring the actual business cycle consequences of monetary policy, too.
@noyoushutthefuckupdad Last time I checked the removed his name from the KiwiFarms Wikipedia article.
@cee @icedquinn @shebang @waltercool @Indigo @top Sorry to hear that.
@sjw Noooo. The radio too?
@waltercool That's what you get for treating crypto like an investment instead of an actual currency.