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Offline Rushy

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Re: Ask Rushy about Bitcoins.
« Reply #580 on: April 28, 2025, 01:17:00 PM »
Quote from: infinity on April 17, 2025, 05:25:22 AM
Dear Rushy. Why are a considerable amount of  Bitcoin investors of a alternative lifestyles? Not that's anything wrong with that. But it sure is a mystery. Can you enlighten us rushy?

What is "of a alternative lifestyles"?
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Offline Dr Van Nostrand

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Re: Ask Rushy about Bitcoins.
« Reply #581 on: July 22, 2025, 08:15:58 PM »
Ok, I admit it, I have a crypto wallet and some Bitcoin.

But I don't own Bitcoin as an investment, that would be stupid. I use it for legitimate business so I can anonymously pay for a VPN service into Belarus that has port forwarding.

The thing is, since Trump is legalizing all crypto crime, my Bitcoin is going up and I just got some free money. So now I'm thinking, maybe I should get some real gravy. Bitcoin could get to $150,000. I could put some extra cash in my wallet and make some money like a crypto bro. Since the Donald is an easily predictable buffoon, I'm sure I could sell long before he pulls the rug on a national strategic crypto reserve.

It just feels scammy to create money without creating value. I need to get past myself (like Satoshi, Rushy and Bitboy) and just make that cash.





Round Earther patiently looking for a better deal...

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Offline Rushy

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Re: Ask Rushy about Bitcoins.
« Reply #582 on: July 28, 2025, 01:51:27 PM »
Quote from: Dr Van Nostrand on July 22, 2025, 08:15:58 PM
It just feels scammy to create money without creating value.

Pretty much all of bitcoin's price action over the past four years or so has been due to the dollar becoming worth less, not necessarily bitcoins becoming worth considerably more. USD inflation since 2020 is a brutal 25%.

In other words, the people at the top of the pyramid are effectively stealing your money if you keep it in USD. Even bonds and stocks aren't protecting against inflation as well as they should.

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Offline Dr Van Nostrand

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Re: Ask Rushy about Bitcoins.
« Reply #583 on: July 29, 2025, 06:17:55 PM »
Quote from: Rushy on July 28, 2025, 01:51:27 PM
In other words, the people at the top of the pyramid are effectively stealing your money if you keep it in USD. Even bonds and stocks aren't protecting against inflation as well as they should.

OK, ok, I'm in.

But, I'm not trying to make a fortune. But, I can't just sit and watch this money spilling without grabbing a little. I'll stay in as long as the Trumpians hold all the cards. I'm giving it at least ninety days but if the Trump regime starts to crumble sooner, I'll cash out and take my winnings.


Dr Van Nostrand's $100 USD  7-29-25
approximate BTC 0.000849

Round Earther patiently looking for a better deal...

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