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USA's national debt
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2024-08-02 at 1:21 AM UTCFor comparison here is the most poopy stinky shitcoin I know right now
https://coinmarketcap.com/currencies/pepecoin/
currently worth a solid $2.35, use case is LOL ZOOMERS!! and the price went up in the news!!!
that being said it's listed on the worlds biggest DECENTRALIZED EXCHANGE which means you can go swap coins for it RIGHT NOW!!! without an account or chink ID requirement bank verification and if you had any it would take exactly 0.00001 seconds to convert to ANYTHING YOU WANT because crypto is the future. Recent market activity 24/hrs is over $2million USD which means the PAIRS ARE JUICY THEY ARE STACKED.
ex. If you wanted to sell $1million $$$$$ USD worth of PI right now you would totally drain the market and suck every pool dry, you would probably get banned from the exchange, have your account frozen by angry chink investors. This is a very bad sign of an unhealthy market when 1 single person can destroy a coin like that, you don't have to be an economist to understand why.
More people moving money around in a particular ecosystem and more MONEY in that ecosystem means if 1 person sells $1mil worth that just means everyone can buy more, it becomes a circular economy instead of a pyramid scheme ponzi scam which is what most people call crypto. It certainly seems like that when it's done wrong, but when done RIGHT even a poopy shit coin like PEPEcoin that has 0 technological innovation behind it can have a healthy market
https://uniswap.org/
I think the reason PI is not listed on DEX is because DEX's are owned by white people and they know if they allow PI/USDT pairs they will just get drained by greedy chinks who do not have the best intentions for the wider crypto market at whole. This is called industry self regulation. PI network will need to prove itself and earn trust if they want people trading this or taking it seriously. Nobody gives a FUCK about chink exchanges in 2024.
I pray for their success and further decentralization, they need it badly. -
2024-08-02 at 1:38 AM UTCIf you really want to gauge the health of a crypto market, Join their official telegram chat and tell them you are thinking about selling.
Don't slurp up liquidy bear shits folx never get dumped on by a chink
Count how many chinks/pajeets get very upset, if they all call you retarded paper hands in broken english it's probably a scam coin.
the only thing more important than a white paper is making sure to ask for the developers of any crypto project to post a timestamp photograph of their hand live in telegram chat. Even my Nigerian Bitcoin brothers know this is how the market operates, and we all know to count the success of a project on how many white hands are involved.
If the hand is yellow/brown (which 90% of the time it is) that is all I will say, at least they are willing to post the hand IF THEY DO. YOU WOULD BE SURPRISED HOW BIG OF AN ASK IT IS TO POST A HAND. A lot of crypto projects WILL NOT POST THEIR HAND!!!!
Any project not willing to post their hands is almost certainly a scam in my opinion, but these days you MUST post hands or else any growing crypto ecosystem will eat you alive before you get on any exchange. It's not racism, it's a digital version of a handshake or something, like an NFT. But if you look up any Nigerian bitcoin account on twitter you will see A LOT of racism against Indians, calling them all scammers. -
2024-08-02 at 1:49 AM UTC
Originally posted by the man who put it in my hood htx exchange or Bitmart which are both Chink owned. I thought there was 4 exchanges but the other 2 have broken prices and less than $400 daily trade volume, probably exit scammed.
also $300,000k and $93,000k trade volume in 24hrs is abysmal, that is poopy shitcoin territory. This PI is a very hot potato I would cash that out to USDT and get that USDT off an exchange ASAP!! very spicy potato. The chinks will pull the rug any minute
https://coinmarketcap.com/currencies/pinetwork/
Thanks for the info -
2024-08-02 at 3:05 PM UTC
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2024-08-02 at 3:44 PM UTC
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2024-08-02 at 3:46 PM UTC
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2024-08-02 at 5:06 PM UTC
Originally posted by Lanny Lanny 330 million its more like 3000 per person in the USA but that's a lot of fucking money
now if you x that by 35 (trillion) it's like $105,000 dollars per person. and the socialist government especially under Biden or Kamala it would make it per household which would probably be a higher amount on single households or domestic couples with 0 kids. maybe like 140k per household.
who has that kind of money outside of Million or Billionaires? flmao and it just keeps going up. We're fucked. we were fucked decades ago
If you think Biden's government is socialist, you clearly have never lived in Castro's Cuba. -
2024-08-02 at 5:07 PM UTCSo no one is going to answer my question???
Why do people continue lending a nation that's so heavily indebt money?
If someone owes me 14$ the last thing I'm going to do is make it 24$ -
2024-08-02 at 5:18 PM UTC
Originally posted by Bradley So no one is going to answer my question???
Why do people continue lending a nation that's so heavily indebt money?
If someone owes me 14$ the last thing I'm going to do is make it 24$
Less than half of the US national debt is held by the Federal Reserve and other government entities. The rest is held by private investors and foreign entities.
I'm fairly certain that any department of the federal government hasn't received a loan from a foreign entity in quite some time now. The US lends money to other nations instead, as well as military equipment and humanitarian aid.
Individuals/businesses, foreign or domestic incur debt as a means of economic growth, they are betting that the money that they acquire with debt can be used to purchase land, labor and capital, which can then be used to generate a profit that exceeds the interest rates that they must pay.
US Government has done this at times with subsidies, it also has printed money in order to issue stimulus checks like you saw during the COVID-19 pandemic.The following users say it would be alright if the author of this post didn't die in a fire! -
2024-08-02 at 5:20 PM UTCI hope uncle sam remortgages the country so I can get mroe food stamps, maybe a fat COLA increase to my welfare, I think another war into some third world nation is also on the shopping list.
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2024-08-02 at 5:24 PM UTC
Originally posted by Bradley I hope uncle sam remortgages the country so I can get mroe food stamps, maybe a fat COLA increase to my welfare, I think another war into some third world nation is also on the shopping list.
Invade Sri Lanka.
Brad, if I had the power to erase 1 nation off the face of the planet, it would be Sri Lanka. I'll make a thread about it. -
2024-08-02 at 6:10 PM UTC
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2024-08-02 at 7:55 PM UTCThe following users say it would be alright if the author of this post didn't die in a fire!
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2024-08-02 at 8:15 PM UTCThat shit needs to get on a DEX badly. Also I heard about this coin a year ago and they are still in testing and not listed? That's pretty bad. Wtf are they doing? There are some projects that apply to get listed on exchanges and approved within hours.
Also why does it say it's listed for sale on HTX exchange if you can't actually move the token to an exchange and sell it? I did just see a news article about PI network so maybe they are just going full public and being listed this month.
But the whitepaper on the website says 2022/2023 for testing so who knows. -
2024-08-02 at 8:23 PM UTC
Originally posted by Charles Ex Machina oh look !
crypto "currencies" are so independent of fiat currency that their value can only be expressed in U$D.
children.
it's actually better to list everything in value /BTC /ETH
https://www.coingecko.com/en/coins/pi-network/btc
USD is just a benchmark because it's the only fiat currency that matters. Often the "price" of something in USD can be different than the price for any given token traded directly for /BTC, this allows for extreme amounts of arbitrage and ultimately the price movement in crypto is much more organic and "real" while the price in fiat has to catch up to the real active trading on the crypto pairs.
I've made money buying a coin for cheap in BTC and then selling it for a profit in USD.
I believe the reason for this is because anyone buying anything in fiat currency is always buying from a middleman, they are the end of the line consumer, not the middleman.
Fiat currencies are the sheep that drink from the watering hole last and have to wait their turn while everyone else makes the real money. They have to make a living off the scraps while everyone else is stuffed full until bursting. -
2024-08-02 at 8:37 PM UTCOnce the globalists and their lapdogs sabotage the power grid right across the nation, none of this will matter, and it won't be long now either.
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2024-08-02 at 11:47 PM UTC
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2024-08-03 at 12:06 AM UTCYA SUCK THAT FAT NIGGAS DICK HHAHAHA
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2024-08-05 at 4:54 PM UTC
Originally posted by Charles Ex Machina theyre already in the process of doing that.
under trumpf, the fed reserve is going to print near unlimited money to buy bitcoin and using bitcoin as their new reserve currency.
bitcoin will then just be as worthless as fed reserve notes but the bit-diots wont be any wiser to realize this and will continue to perceive bitcoins as real "currency".
whoa !
https://www.zerohedge.com/crypto/bitcoin-act-2024-explained -
2024-08-05 at 5:02 PM UTC
Originally posted by Charles Ex Machina whoa !
https://www.zerohedge.com/crypto/bitcoin-act-2024-explained
You're literally having an existential meltdown because Trump announced Nuclear powered bitcoin LMAO you have no idea what Work or Value is but you are going to find out soon when the MACHINE eats you alive!!!!!! THE AMERICAN MACHINE!!! CHOMP CHOMP CHOMP SPEEEWWWW
https://niggasin.space/thread/90608
Originally posted by the man who put it in my hood 10/10 Speech
+ Trump called Bitcoin an Industry
+ Trump mentioned michael saylor, the biggest skitzo in the crypto industry
- Trump says bitcoin requires large amounts of electricity (this is wrong, see my other posts about this subject)
+++++++++++++ Trump advocates NUCLEAR POWERED BITCOIN
+ Trump admits bitcoin is more powerful than government
+ Trump vows Day 1 in office to force the SEC to stop anti competitive regulations against crypto
++++++++ Trump vows to FIRE Gary Gensler
This means no more requiring an ID to buy bitcoin
+ Trump vows to stop
https://blockworks.co/news/operation-choke-point-2-0\
- Trump plans to create a secretary of Crypto to design "fair regulations" that will support the industry and help it thrive
(I am suspicious about any crypto regulations)
+ Trump vows to never support Central Bank Digital Currency
+++ Trump supports self custody
+ Trump mentioned the 2008 Financial crisis that was the inspiration for the creation of bitcoin in the first place
+ Trump plans to free Ross Ulbricht
Trump mentioned buying oil from Venezuela, says it's bad.
Trump thinks America should increase their position (1% total ownership of supply) and increase that and not sell. "Permanent National Asset"
This is a very huge moment.
