The Border Crisis: Is Allowing Illegals To Flood In A Good Thing?

Over70irregs

Well-Known Member
Seems like it’s taken quite a few places, but I wouldn’t say everywhere and anywhere and certainly nowhere near convenient.
Note: we are talking worldwide. People have gold, 401k , bonds, houses that are snail liquidity. People don’t have access to rails. Just think we still have places on earth with no electricity or running water. If they did….
 

vantexan

Well-Known Member
Note: we are talking worldwide. People have gold, 401k , bonds, houses that are snail liquidity. People don’t have access to rails. Just think we still have places on earth with no electricity or running water. If they did….
Not reasonable to compare Bitcoin to real estate. People can't live in a Bitcoin. To spend Bitcoin in most places will require converting it to fiat currency. Not reasonable to compare to 402k's or bonds either. You may make money on Bitcoin IF it's value continue's to rise. Or the bottom might fall out.
 

Thebrownblob

Well-Known Member
Note: we are talking worldwide. People have gold, 401k , bonds, houses tha are snail liquidity. People don’t have access to rails. Just think we still have places on earth with no electricity or running water. If they did….
Sure if you’re talking about the African Sahara I still think cash would be better than bitcoin there. But that’s not the places we’re talking about. I said it’s more accepted now than it used to be but still not super convenient.
 

Over70irregs

Well-Known Member
Not reasonable to compare Bitcoin to real estate. People can't live in a Bitcoin. To spend Bitcoin in most places will require converting it to fiat currency. Not reasonable to compare to 402k's or bonds either. You may make money on Bitcoin IF it's value continue's to rise. Or the bottom might fall out.
Your correct its meant to be $ RE is not. Is being house poor living? If you want chips spend dollars. 7-11 takes no gold or pension statements. Why use a semi to grocery shop when you can use a compact.
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Over70irregs

Well-Known Member
Sure if you’re talking about the African Sahara I still think cash would be better than bitcoin there. But that’s not the places we’re talking about. I said it’s more accepted now than it used to be but still not super convenient.
I don’t know how many European controlled currencies they have in Africa lord. Colonizers have not helped them. You do have a point. It can be whatever is needed.
 
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