Before getting into a debate because of a misunderstanding, let's clarify certain things... I don't care about ANY politicians (left, right, middle, whatever...), nor do I care about a specific currency (EUR, USD, etc)... In this moment, I care about people who are on the journey with me, and I care about the crypto as, IMO, it's the only currency that isn't ruined (yet)... Now, we can discuss with open cards... 🙂
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I'm following a couple of people (experts?!) who were following the macro environment in which we (in crypto) are sucked in too... Most of them are in line with the "idea" that Trump is doing (what he is doing) deliberately... Making things worse, creating a "reset" of stocks, interest rates, and markets in general to be able to:
- Have better recovery rates at the end of his mandate (or midterm)
- To be able to repay the (part of) US debt with cheaper interest rates
The idea isn't bad if it is really a part of the plan, but...
I have some doubts about these "big resets," which are rooted in some life experiences and history... What if the big plan fails? I like sayings, and there is one very much suitable to this which says: "He who plays with fire will get burned!"
Also, I have 2 history lessons that I mention a lot in my posts... One is the movie The Big Short, which (should) teach us a lesson that even the biggest economies, the biggest "brains" could be wrong... When Michael Burry was "betting" that the US real-estate market would collapse, everyone was thinking he was crazy... But it did happen!
The other history lesson is showing us how global world currencies are changing in time... The US dollar wasn't always the strongest world currency, and there is a history lesson which you can check out... For the sake of spending your time, I will share again the video that I shared 2-3 times before... It is created by Ray Dalio...
It's not rocket science to realize in which part of the cycle we are currently in... Seeing the current uncertainty of the markets, and war tariffs on the rise, I have a feeling that every single day that passes, without the US sealing the deal with other countries, is one nail more in the coffin of America... If the rest of the world realizes that they can "play the game" without the US, it could be ugly...
The time is running out (60-80 years are mentioned in the video), what would it be? If Trump's plan succeeds, we should see prolonged time for the US dollar... But, if it fails, which currency will rise? I would like to see BTC in that place, but I'm not sure about it... What do you think? Do you think we are at the end of the USD era?
I'm not betting on any "traditional" currency, and having a "volatile" crypto in my wallet makes me sleep more peacefully than having money in the bank...
Let's see the WorkerBee Pool numbers for this week...
This week, we have mined 90 BEE tokens in total!!!
This week, we lost one delegator, but we got new delegations from old members, too! Thanks guys! Appreciate your support!
This POOL doesn't have fees, and you get up to 20% MORE by delegating to it!
What about the bonus tokens?
It's harder and harder to "save" some STARBITS tokens in the Rising Star game... If you want to grow in the game, and push up in rankings, you have to "reinvest" all your earnings back into the game through buying packs, doing missions, or adding cards to PAWN SHOP and other new additions in the game... I still have some funds from the liquidity pools where I put them a few months ago, but that liquidity is melting... 😃 The good news is that the token price had a small push up, and maybe we can witness the first signs of recovery...
There will be distributed 2.5 million STARBITS tokens to the delegators of the pool as a bonus reward today!
As always, in the end, let's give the exact numbers for this week... 90 BEE tokens and 2.5M STARBITS tokens will be distributed as a bonus... The APR (without the bonus) was 4.046%, and when we added the bonus, it went up to 4.833%!
I have calculated the ROI approximately with medium prices for all tokens at the moment of creating this post... So, those numbers are valid if you bought WB and sold BEE tokens at the middle HiveEngine price...
Do you want to sponsor the PH-Pool with your tokens, receive a short SPONSORED segment in this post, and raise awareness about your front-end or dApp? Please let me know in the comment section, or contact me through Discord or Twitter, and we will find the best solution for both parties...
If you want to join the WorkerBee PH-Pool, the only thing that you have to do is to STAKE tokens to YOUR account and DELEGATE your staked WORKERBEE tokens to THIS account (@ph1102)! Every week, you will get your portion of mined BEE tokens and BONUS rewards!
.:. DO NOT STAKE TOKENS TO MY ACCOUNT!!! Just DELEGATE! .:.
All payments will be made after publishing this post...
If you have any questions, please leave them in the comment section!
You can find more about this pool in the initial post here https://ecency.com/hive-119826/@ph1102/workerbee-p-h-ool-let-s-help-each-other
Thank you for your time,
--ph--
None of this is financial advice!!!
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My first impression when I read the title was that the "big plan" failing would be about our plan for bull market year 2025 or something, lol.
Well, Trump is a gambler. But if he wants interests lower to pay out more debt, that may turn against him, since those rates started to go up instead of continuing on a downtrend after Trump taking office, despite his efforts to make them continue on the way down.
I agree with what you said, that if they don't strike some deals soon, this whole tariffs thing will turn against the US and the dollar in a significant way in the medium tern.
I am also familiar with the currency hegemony cycles Ray Dalio has been mentioning for a while now. And yes, USD domination time should be about over according to those cycles. What they can do is extend it by a little bit (that can even mean decades), but USD will drop from its current status sooner or later. It's unavoidable. I don't see BTC taking its place. That would be horrible, considering the wealthy already hold/will hold BTC hostage, and they didn't even forced themselves at all.
That's an interesting point of view regarding BTC... I mean, there is close to zero chance that BTC will be the next (official) global currency, but your view makes sense...
I said many times that I don't care if some crypto will become the "official" currency in any country, but I do care that we have them as an alternative... Even if "status quo" as it is now stays, I'm happy with it...
There is always something that filters out people who think and those who don't want to think... If you like USD, go there, I like BTC more... 😂 Freedom of choice!
I like BTC more too. It became more or less another asset class for the wealthy to play with, and unlikely to ever be a currency. We can tag along and see where this goes, but this is no longer a freedom coin, imo. Sure, in many aspects it's obviously better to have BTC than fiat.
The most important is that we have a choice... That's already a big plus!
Given what's going on, it seems to me that the world has become very volatile, and BTC is essentially a safe haven.
And thank you for the Starbits, you remembered me that I play that :)
Sometimes it doesn't look like that, but in the long term, my bet is on BTC... If I look back in the past when my friends were thinking that I'm crazy for investing in crypto... And now, they scratch their heads, thinking about which asset to escape and preserve their wealth, which was melting over the last few years...
Prices went up, currencies got evaluated, and salaries stayed the same...
I feel that we are getting closer and closer to the digital future we have been waiting for... I don't know if it will be the end of the dollar, or how long this madness will last, but if we keep betting on our “volatile” cryptocurrencies we'll be fine 🙏
Hug for you brother!!!
You are right... We live in a time when the old is getting dumped and the new is getting embraced... These are turbulent times, that's for sure, but they are an opportunity for those who will adapt and grow!
I think the fiat system will collapse at some point, but the dollar will probably be the last one to stand. As much as the tariffs hurt the economy, the dollar is probably still one of the best safe havens.
Thanks for running the pool and for the BEE/STARBITS.
I agree... The collapse of the fiat system isn't a question of IF, but WHEN...
It's hard to know what the real plans or intentions of those in charge are. What is for sure is they won't want to give up their fiat money making scam so easily.
The thing is that even if you CAN plan and move the figures on the table more times than others, and you have bigger probabilities to win, other players can still win. Against all odds... it happened in the past, it can happen in the future...
Also not betting on any traditional currencies, they all have similar mechanisms and are in control of a central party that does as it prefers or see fit. I'm not very sure if the USD has reached its end, at least not literally. But the beginning of the end for USD has already begun.
You described it well... It is the beginning of the end...
Thanks for the update and tokens!
I think the good part about me being (overly) optimistic that I tend to believe risk taking (of course it must be properly done) will always be rewarded in the long run, be it stocks, cryptos, or who knows, even gold. Short term fluctuations or "crashes" are not much an issue to me - but I think many people tend to worry too much about it.
!LUV
Definitely, people worry too much about the wrong things.. IMO, things went completely opposite... Risk-taking isn't investing in crypto anymore; it's riskier to keep wealth in traditional currencies, like USD or EUR, or any other.
Tbh, I like to see my bank account balance close to zero... 😃
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The world doesn't go around the dollar anymore, brics are rising, nations have enough of risks to be sanctioned and have the dollar fear... I think the future is brics with whatever coin they come up with
Well, it does go around the dollar, but if Trump doesn't "close deals" very soon, things could change rapidly... We are very close to those 60-80 years of dominance, and the first signs are here...
That could be, but it's very hard to find consensus between different countries... We will see...
I will still like to invest in the real state only, though I am not in position to do it with respect to fund.
!PIZZA
My mom was always telling me... Invest in something that people would always need... In your case, real estate, in my mom's case, be a dentist! People will always need teeth... 😃
A strange time we have been going through. I don't know what to invest in except gold.
It's like living upside-down... we have been hit from all sides, getting confused, and it's hard to decide which asset(s) are the best for these uncertain times... Gold, BTC? Something else?
A successful person is not afraid of failure and after failing, he starts working harder and keeps working day and night and one day he becomes a more successful person than before and the world also respects him.
That's a nice saying... Maybe it's not that relevant as the guy in this story is gambling with others' lives and not too much with his own... We will see what happens... ;)
2.5 Million Starbits! Thank you!
You are welcome! Thanks for being part of the pool! 💪
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