Are you accepting Crypto payments

[Arantor]

That's on you then. If you think a cost of living adjustment or raising your prices each year will allow for a better retirement along with cash only, unless you are already a millionaire (as I dont think 6 figures will cut it) you're going to be sadly mistaken while eating Top Ramen into retirement till the day you die.

Just saying... to each their own.

I’m an Elder Millennial, any belief that I would ever be able to afford to retire disappeared around the same time I got ousted from my former workplace at Lehman Brothers.

 

[Aragon Burner]

Yup I accept crypto on my website for all kinds of purchases. I think it's the way of the future, especially with the new Trump administration being pro crypto.

 

[CTS]

This thread just feels like a Trump crypto pump.

 

[Aragon Burner]

Well what do you expect when the Biden administration turned it's back on the cryto industry. Trump is going to regulate the Crypto industry which can only be a good thing. The industry has been crying out for some regulation for years, and now we have pro Crypto President that will do all the right things.

 

[Arantor]

The whole point of crypto was to avoid regulation in the first place. Even if you go back to Nakamoto’s white paper, the key point of avoiding a central trust authority is embedded at the core - if you have no central point of trust, you cannot regulate it centrally. That’s by design, not by accident.

 

[frm]

I dropped 1 of my NFTs today... from my last post about it, it went from 0.8 to 1.4 ETH, so I decided to take some off the table. An annualized return of 100% and overall 800% ROI.



Annualized return of 100%, total 800% ROI.

the key point of avoiding a central trust authority is embedded at the core

And that's a good thing.

I don't trust the dollar unless it's on a blockchain. The Pentagon can fail 7 audits in a row. That's my money that they can't seem to tell me what they did with it. If I failed 7 audits in a row? Probably would be in prison for tax evasion.

It's going to make them rethink CBDCs, except hopefully with pushback to not be centralized with the Federal Reserve (which I also have a problem with), and to be transparent.

I'd much rather be back on the gold reserve, where you could take any bank note to a bank and exchange it for gold/vice-versa if you wanted to, than CBDCs, but that's not going to happen.