Tulip Mania satire (1640) depicts speculators as brainless monkeys in contemporary upper-class dress. In a commentary on the economic folly, 1 monkey urinates on the previously valuable plants, others appear in debtor's court & one is carried to the grave.
We are currently slaves to inherited sin & death; from Adam & Eve.
Currently, our imperfect state coupled with Satan being the ruler of the planet, is the cause of our suffering.
We will find true peace & security in the paradise that Jehovah will bring.
Yes we have FREE WILL; that is why Adam & Eve had the FREEDOM to disobey & eat from the tree that they were told not to eat from; they had prior warning that it would lead to death. They weren’t deprived of anything good as they already had abundance.
When the night fox fails to deliver
CDO = collateralized debt obligation
Watch the movie “The Big Short”.
But investing in real estate is dangerous when the mortgage backed securities &
collateralized debt obligation instruments have too many risky loans; combined with unprecedented debt. If you are not familiar with those instruments, watch “The Big Short”.
When this happens, I sincerely hope that BSVers will not find delight in it nor taunt.
Unfortunately, that will happen. I can’t envision a scenario where it won’t happen. There are so many innocent people, that have not done their research, that will get wrecked. It will truly be a very sad day for everyone watching.
To me it does not make sense to save in the hot potato USD nor any other fiat currency with near 0% interest rate; the central bankers are printing them like there’s no tomorrow. By contrast, Bitcoin is the hardest money ( & new internet ) known to man.
That’s why many hold USD because it’s liquid. They can just spend it. With the BSV VISA Relayx card, the BSV saver could spend super fast. BSV to BSV even faster. BSV is currently doing over 50,000 txs per sec. BTC 0 txs per sec with congestion.
Imagine everyone trying to get in front of everyone else to buy something that they know will become very scarce very soon.
With a tiny 1Mb block being mined every 10 minutes, it would be impossible.
Even PayPal/BTC services would be unavailable.
Savings are money for a rainy day. When you have savings, you are first in line to take advantage of something new.
Since BSV is super fast, not a problem.
But would BTC holders be able to? Would there be BTC congestion on their chain? Any thoughts?
Thanks for your kind words Cath. I’m sure they have brought joy to Jehovah. Peace. ❤️
There is ONLY one almighty true God. His name is Jehovah - Psalms 83:18. Jesus Christ is his only begotten son & my king. John 17:3 Without Jesus’ death I would not be able to worship Jehovah, nor have hope nor forgiveness. I don’t judge you. John 17:3 .
Matthew 7:6 “Do not give what is holy to dogs nor throw your pearls before swine, so that they may never trample them under their feet and turn around and rip you open.”
