thru their exchange and no peer-to-peer transactions. Cash will be
outlawed soon.
If you truly believe this, what are you doing to prepare?
While you will lose a % when the forced conversion happens, you will still be able to 'live' afterward, just with zero anonymity, and far less freedom, if you play by the rules.
But to answer the question:
- Pay off outstanding bills that can effect livelihood ( like mortgage )
Stocking up on :
- Food ( do this anyway.. but if the transition is sudden, may be more important )
- Precious metals ( bartering )
- General bartering goods like booze and cigarettes
- Ammo ( will end up being restricted soon, watch what the credit card companies are doing now with tracking purchasing of guns and ammo ... preparing )
- Anything else that will become 'dis-allowed' when this all goes down ( anything that conflicts with ESG, for starters )
- Have some crypto anyway, as even if its blocked from 'cash out' transactions and exchanges are banned, its going to be hard to ban the concept in a practical sense. It will go underground and be a barter system.
Sun Mar 05 2023 11:50:45 AM EST from zelgomerIf you truly believe this, what are you doing to prepare?
2023-03-05 11:50 from zelgomerthru their exchange and no peer-to-peer transactions. Cash will be
outlawed soon.
If you truly believe this, what are you doing to prepare?
I am gonna give my unsolicitated opinion, because fuck it. I think you know most of my strategy already anyway.
I don't believe cash will be crushed soon, if just because politicians themselves need it for their dirty deals. They are not going to ruin their own underground activities so easily. Still, I foresee a drastic drop of the value of money and I think one should braze for it, if just for different reasons.
I have been laundering my own cash for a while and turning it into non-liquid assets. The rationale is that when shit hits the fan, it is money the first thing they take. Hens and geese and the like, on the other hand, are productive, can be exchaged, and are not registered (actually, they are supposed to be, but I am not going to register any of my animals, and nobody in my town will).
The key is to identify things that you have a use for and will pay for themselves in the long run and buy them. If you buy a wind power generator now with your money, and the money drops, you will still have power (because you paid for the generator while money was worth something). However, if the money does not drop, you will still be at an advantageful position because you won't have to pay for power anyway.
Do you drink milk? Get goats. You get the idea.
Money excedents I would put in non-liquid regulated assets, such as stock in companies protected by the establishment.
I would agree until now.. They just proved they can do with with crypo too, even more anonymous .. That recent mess with the dude that funded the DNC with billions of crypto, that FTX stuff.
Wed Mar 08 2023 09:55:11 AM EST from darknetuserI don't believe cash will be crushed soon, if just because politicians themselves need it for their dirty deals. They are not going to ruin their own underground activities so easily. Still, I foresee a drastic drop of the value of money and I think one should braze for it, if just for different reasons.
Even tho we started as a rural community, they have outlawed "farm animals" in most of the city, even as pets. Have to be specifically zoned for farm to do it ( and much of that is now gone, which i rant about often ) Another reason i want to move. not that i want a bunch of chickens in my yard or something, but its the principle that i should have the option, as long as i dont interfere with anyone else.
Same way up in the big town north ( Indy )
Wed Mar 08 2023 09:55:11 AM EST from darknetuserI have been laundering my own cash for a while and turning it into non-liquid assets. The rationale is that when shit hits the fan, it is money the first thing they take. Hens and geese and the like, on the other hand, are productive, can be exchaged, and are not registered (actually, they are supposed to be, but I am not going to register any of my animals, and nobody in my town will).
2023-03-08 11:22 from Nurb432
Even tho we started as a rural community, they have outlawed "farm
animals" in most of the city, even as pets. Have to be specifically
zoned for farm to do it ( and much of that is now gone, which i rant
about often ) Another reason i want to move. not that i want a
bunch of chickens in my yard or something, but its the principle that
i should have the option, as long as i dont interfere with anyone
else.
Same way up in the big town north ( Indy )
Something similar happens here, except nobody really gives a damn.
It only gets troublesome if you want to buy meds or vaccines, since they check for the ID of your farm pet in the store and the purchase is registered and requires a vet seal of approval. Most people around here is piss poor so their animals would not get meds (regulation or not), whereas the ones that have some money use the ID of some horse gone 50 years ago to buy meds for the whole horseyard.
Stores typically have a shady deal with some vet to sign med requests blindy.
If that were true I'd have shed my hooman form a long time ago.
Sat Jul 15 2023 12:13:29 EDT from IGnatius T FoobarWe learned from watching television that if a human takes veterinary meds, they will turn into the species that the meds were intended for. That's a complete truism, right? ;)
2023-07-15 12:13 from IGnatius T Foobar
We learned from watching television that if a human takes veterinary
meds, they will turn into the species that the meds were intended for.
That's a complete truism, right? ;)
I once ate some corn from the horse container, but I didn't change. I think I am already horseish enough so maybe that is the reason why I didn't go more horseish.
Who is to say you haven't?
On the internet, no one has to know you are a cat... ( or something like that :) )
Sat Jul 15 2023 12:50:11 PM EDT from LadySerenaKittyIf that were true I'd have shed my hooman form a long time ago.
Sat Jul 15 2023 12:13:29 EDT from IGnatius T FoobarWe learned from watching television that if a human takes veterinary meds, they will turn into the species that the meds were intended for. That's a complete truism, right? ;)
I do like horseradish though.
So the openAI dude made his own this week..
not that i would trust it at all. But i guess all the regulators are freaking out now . Would not surprise me if it causes legislation/regulation.
2023-07-29 08:00 from Nurb432
So the openAI dude made his own this week..
not that i would trust it at all. But i guess all the regulators
are freaking out now . Would not surprise me if it causes
legislation/regulation.
Made his own... what?
Crypto ( since we are in the crypto room .. :) )
Sat Jul 29 2023 10:23:44 AM EDT from darknetuser2023-07-29 08:00 from Nurb432
So the openAI dude made his own this week..
not that i would trust it at all. But i guess all the regulators
are freaking out now . Would not surprise me if it causes
legislation/regulation.
Made his own... what?
Between all of the cryptocurrency and "AI" (not really AI) stuff ... it's clear that Nvidia will be the rulers of the planet by the end of the decade.
Don't be so sure. TPUs may eat NVIDIA in the next year or so.
Sure, GPU does well since its parallel, but its still not 'targeted' to AI. TPUs are.. and they are scary fast since they are ASICs. And, getting cheaper/bigger by the month. They started out cheaper 1:1 for smaller use cases, but model size is still a factor. However, I read about one just this week that was just announced that can do a 5 Trillion sized transformer model in one pass.
And Crypto, that ship sailed a long time ago. Go ASIC or go home.
Sat Sep 23 2023 20:12:27 EDT from IGnatius T Foobar
Between all of the cryptocurrency and "AI" (not really AI) stuff ... it's clear that Nvidia will be the rulers of the planet by the end of the decade.
link for reference
"New SambaNova chip designed to handle 5 trillion parameter model" -> https://techcrunch.com/2023/09/19/new-sambanova-chip-designed-to-handle-5-trillion-parameter-model/amp/
They even have some modules coming out where the CPU and RAM are on the same die as the GPU/TPU. Tiny little ARM processors to handle the administrative workload of a compute job while the GPU/TPU do the heavy lifting. Quite amusing to see the cart before the horse on purpose.
*cough* RK3588 *cough* :)
( and latest RISC-V too )
Mon Oct 09 2023 09:17:37 EDT from IGnatius T FoobarThere's a lot happening and everyone wants a piece of it.
They even have some modules coming out where the CPU and RAM are on the same die as the GPU/TPU. Tiny little ARM processors to handle the administrative workload of a compute job while the GPU/TPU do the heavy lifting. Quite amusing to see the cart before the horse on purpose.
*cough* RK3588 *cough* :)
Yes, I absolutely adore my RK3588 with the CPU and GPU on the same die, but that's not what I was referring to here.
When doing math-heavy jobs such as cryptomining and "AI" inference, it's all about the GPU density, the CPU is just there as an orchestrator and it isn't doing much other than feeding data to the workers. And so there are now modules (I'll find a spec for one if I can) that are basically all GPU, with some memory on the board, and a few ARM cores, to make it a "full" computer instead of a peripheral that needs to be installed "in" a computer.