ndea » user profile

Member Since 02/09/2020
Last Seen 05/11/2021

Recent Activities

There's no need to 'bail in', if government can just conjure more funny money to fix the problem. At that point, maybe house prices will...
27/09/2021 - 18:23
Yes, along with a tin foil hat and a book about the flat earth. If anyone disagrees with authority on one topic, then it follows that they...
26/09/2021 - 16:48
All electronic transactions are already under scrutiny, and the Australian government is itching to ban cash. Then 'your' money will only...
26/09/2021 - 16:21
Some criminals/terrorists would propose that having control of your own money outweighs the drawbacks. I have no doubt though that the...
25/09/2021 - 19:47
If authoritarians feel crypto needs to be banned, then it must be doing something powerful and good. When China bans things, those things...
25/09/2021 - 18:10
It's legally not your money, it's a loan to the bank. A loan which the bank probably doesn't even want, because they can get nearly free...
19/09/2021 - 16:31
No complaints. I've gamed it to my benefit, made a couple million Australian pesos. Keeping money in the bank is financial irresponsibility...
11/09/2021 - 17:34
Lots of funny money being created out of thin air, it needs to go somewhere. And government needs to pretend that inflation is still 2%....
11/09/2021 - 16:25
Banks don't want your money, even 1% is too high for them; they prefer nearly free money from the government. Then leverage it up using the...
10/09/2021 - 17:53
House prices will fall when governments and banks tighten the money supply, which is never. A poor economy might actually might be good for...
02/04/2021 - 12:49
Banks don't need your money. Their hoops are a polite way of telling you. They make money in residential mortgages, sourced nearly for free...
23/02/2021 - 20:24
The Australian media cartel has fallen upon hard times, the paywalls have failed, and government is enlisted to drum up business. If...
21/02/2021 - 16:03
Bitcoin is backed by nothing. And it doesn't have enough inflation. Unlike government currency, which is backed by either cotton or...
09/02/2021 - 12:27
Bitcoin is near record highs, as are house prices, the stock market, fine art, well anything which can't be created at whim. Envy will...
07/02/2021 - 12:09
Australia's media (duopoly) has failed with a hard paywall, so it wants Google (monopoly) to provide the pay without any of the wall....
26/01/2021 - 00:29
Stocks will jump for any reason regardless of the fundamentals, such is the desire to flee fiat. But regarding the BankCoins, they will...
05/01/2021 - 08:15
Banks already have an excellent system. They get the money for nearly free from the government, create more of their own through the...
04/01/2021 - 08:51
The continued rise of 'dead' crypto is a repudiation of naysayers who favor infinite supply fiat. But maybe don't rush in at an all time...
04/01/2021 - 08:35
Options are to leave in cash and earn a guaranteed negative real yield. Or in over-inflated markets, hoping that modern monetary theory...
01/01/2021 - 12:15
In my view bitcoin is only inappropriate because high-risk is unsuitable for a pensioner. As for it being based upon hype, compared to...
19/12/2020 - 07:23
Your dad's decision may have worked out in the past. He did not reckon on the new economic doctrine of infinite stimulus. It may hurt, but...
18/12/2020 - 09:09
Bitcoin will die when fiat currencies stop being debased... ...which is never. Everything which can't be printed by a central bank is at or...
17/12/2020 - 08:34
An inference from these changes at ING (and most other banks) is that they simply do not want your money. They'd rather get nearly free...
02/12/2020 - 18:08
Funny money ensures the all-important asset bubbles remain inflated. But real incomes have been in a recession for a few years now, even if...
28/11/2020 - 09:36
Anything which can't be printed at a whim is approaching all time highs. Last cycle, it was possible to delude one's self into thinking...
22/11/2020 - 01:38
Binance. No fake sign up bonus, but they have tiny spreads, and respect your privacy so long as you avoid their AUD fiat gateway subsidiary.
10/10/2020 - 06:23
I would sign up if I didn't need to expose myself to identity theft by providing scanned photo ID and utility bill. I know this is required...
03/10/2020 - 11:06
Banks don't want our money, they can get it from the government for nearly nothing.
03/10/2020 - 10:56
Fortunately for those who fear or don't understand bitcoin, there will always be fiat. Everybody trusts something. In Australia, the trust...
18/09/2020 - 06:22
Many regions of Australia were in self-isolation even before COVID. If television, fast food drive-thrus, or SUVs become a vector of...
02/09/2020 - 08:16