Whoa, hold up, I was stating facts, not making value judgments.
I agree that the inflation is 'good', but the fact is when I did hold 1/400millionth of the whole, but now I hold only 1/500millionth of the whole, I have been diluted.
By 25%.
"hm maybe I shouldn't do that because it will dilute the value of my other assets"?
I'd propose that some of the bank managers think 'I probably shouldn't get overextended because banking is a cutthroat business', but many of them don't have that foresight, nor discipline.
To see the dilution one only has to look at house prices, but most proles don't know that to look.
Most think 'number go up' when actually the value of their money has gone down.
All of the banks are effectively bankrupt, if enough people would pull their savings out, and into dollar coins, the banks would collapse.
The fed buys coins from the treasury at face value, so it would be a double whammy.
One dollar you take out of the bank is xx number of dollars they don't get to inflate.
Any dollars you take out and hold in dollar coins costs them a dollar out of their own pocket.
At 18lbs a thousand, carrying away a substantial amount would require effort most thieves wouldn't want to put out, it too closely resembles work.
I disguise mine like a workout weight, works as one, too.
Have you even considered the possibility that it's actually you that's devaluing the stake of others on aggregate?
Yes, I have.
I'm not a flavor that everybody finds attractive.
Not everybody is ready to operate outside their comfort zone.
I get that, but won't be restricted by it.
Any judgmentalness someone might exhibit is not my issue.
Let them learn on their own why what they are doing is not helping themselves.
I find it amusing to watch them.
Wind them up like tin soldiers and watch 'em stumble around, hilarity ensues.
and only in the absolute worst case scenario is that investment going to have a long term value of $0.
https://eroche.shinyapps.io/HiveEngagement/
This hasn't come back online.
I forget, have you taken the chapter 9 challenge?
Any scenario that includes money not governed by 'consensus' rules is going to end up at zero.
The rules will be rejected once they get bad enough.
Not hard to look around and see why that might be true.
Just as they don't have to burn books when nobody reads them, 'they' don't have to worry about wage slaves becoming free if they can get them to waste all their wages on overvalued, useless crap.
'Oh look! It's shiny!'
Fiat money is no better than scrip the company gives you to spend in their store.
While working for frn's one is a free range tax slave shopping in the company owned store.
Comfortable slaves never rebel.™
As for hive, we can see that more have rejected the money rules around here than have bought into them.
Which is a damn shame, imo.
Intentional, on the part of some.
I look forward to the day the rest of us come on par with the ninjaminers and their sycophants.
We might be able to keep users then.
I am in the top 20 most highly paid bloggers on this platform.
Yes.
You have done well.
Good job!
It's mathematically impossible that HBD printing from the reward pool could dilute my position.
I think I have debunked this, no?
1/400,000,000 is bigger than 1/500,000,000, yes?
RE: Red Flag: Hive Debt Ratio Going up in the Bull