Should the Teamsters/UPS 401k plan allocate to Bitcoin ETF when approved?

[IVE GOTTA PACKAGE 4U]

Those parameters will likely change once people actually learn more about it.

For CBDCs….. definitely! Which is why we should all be fighting like crazy to stop them. Anything the government can “program“ can be used against us.

But bitcoin? Other than hoarding all of it up, which they have missed the opportunity to do, there really isn’t much they can do. Alt coins are more susceptible to manipulation.

Like I said before if you want Bitcoin buy it yourself it does not belong in our retirement plans.

 

[Thebrownblob]

Those parameters will likely change once people actually learn more about it.

For CBDCs….. definitely! Which is why we should all be fighting like crazy to stop them. Anything the government can “program“ can be used against us.

But bitcoin? Other than hoarding all of it up, which they have missed the opportunity to do, there really isn’t much they can do. Alt coins are more susceptible to manipulation.

Remember, they put people in jail for owning gold confiscated it and outlaw owning it, I don’t think you are accurately, understanding the government ability and determination to control the money supply. There is zero chance they’re going to give you an offramp to their system without a fight.

 

[BadIdeaGuy]

The hard cap cannot simply be “voted on“ by a group of people, such as a board of directors, sitting on top of a pump and dump coin, but would require a massive consensus of NETWORK USERS to agree to change the one thing that makes the most valuable asset ever known to man into another alt coin. And therefore negating the entire incentive to participate.

Good luck with that!

Or as you would put it. “LOL”

The network users get no vote.

The full nodes get to vote.

A very important distinction, but one that isn’t taught enough to new crypto users.

It’s not a vote between the millions of users of Bitcoin, but of the 18,000 ish full nodes in operation.

With all due respect, I think you are driven by FOMO.

 

[IVE GOTTA PACKAGE 4U]

The network users get no vote.

The full nodes get to vote.

A very important distinction, but one that isn’t taught enough to new crypto users.

It’s not a vote between the millions of users of Bitcoin, but of the 18,000 ish full nodes in operation.

With all due respect, I think you are driven by FOMO.

That's exactly what's happening with the stock market right now

 

[BadIdeaGuy]

That's exactly what's happening with the stock market right now

The phrase “a fool and his money” springs to mind…

 

[IVE GOTTA PACKAGE 4U]

The phrase “a fool and his money” springs to mind…

You don't have to believe me but when you see Warren Buffett taking his money out maybe you should pay a little bit of attention

 

[Over70irregs]

Our pension has never been guaranteed against inflation. Best we can do is negotiate at contract year. We are not the government we do not have pretend money.

Yes we do. Your total is to the right.

 

[Over70irregs]

The phrase “a fool and his money” springs to mind…

If said fool has a seed phrase, he will be fine.
There’s no excuse to not have a Bitcoin allocation by now. Conventional portfolio theory is changing. Just like when we all had manual shifting cars that we trained on eventually we got lower steps and automatic transmissions.

 

[Thebrownblob]

Yes we do. Your total is to the right.
View attachment 483888

Those numbers are meaningless because we can just create money and we have a giant war machine to manipulate currency worldwide. We will never have to pay that debt.

 

[IVE GOTTA PACKAGE 4U]

Those numbers are meaningless because we can just create money and we have a giant war machine to manipulate currency worldwide. We will never have to pay that debt.

That's what happened to Nazi Germany after world war II

 

[Over70irregs]

Those numbers are meaningless because we can just create money and we have a giant war machine to manipulate currency worldwide. We will never have to pay that debt.

As countries see our non payment they are turning away. Which forces us to feed on ourselves.

 

[Over70irregs]

That's what happened to Nazi Germany after world war II

Weimar. Now it makes sense. They have to get rid of paper $ so paper shock doesn’t set in. Similarly to credit cards causing more spending. I got you….

 

[I have NOT been lurking]

Weimar. Now it makes sense. They have to get rid of paper $ so paper shock doesn’t set in. Similarly to credit cards causing more spending. I got you….
View attachment 483902

Wait until Weimerica hits its peak

 

[UnionStrong]

Weimar. Now it makes sense. They have to get rid of paper $ so paper shock doesn’t set in. Similarly to credit cards causing more spending. I got you….
View attachment 483902

That was after WW 1…..just saying

 

[I have NOT been lurking]

That was after WW 1…..just saying

This time no dagos

 

[UnionStrong]

Wait until Weimerica hits its peak
View attachment 483904

George Lincoln Rockwell

 

[Over70irregs]

That was after WW 1…..just saying

TY brother. Even worse time.

 

[Over70irregs]

Wait until Weimerica hits its peak
View attachment 483904

They will distract us with trials, elections and another ship hitting bridges.

 

[I have NOT been lurking]

They will distract us with trials, elections and another ship hitting bridges.

Only works for so long

 

[Over70irregs]

Only works for so long

Lol. Your right. I forgot about short attention spans.