Leo Talk 6/7/21 - Come Join Our Chat

in LeoFinance4 years ago

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Here is the post for the Daily Leo Talk. In preparation for the upcoming Microblogging features, this is a good place to start conversations, posts charts, memes, trades, or anything else that comes to mind.

Let us boost our overall numbers by posting lots of comments throughout the day. Spread the word to get others involved.

It is a great way to stimulate engagement.

We can think of this as a Reddit type engagement thread. We are not dealing with long form content so topics of discussion can start off with a top line comment. We can fill in from there.

We are open 24/7/365.

Stay Informed About LEO!

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so hello guys, it has been a while. doing some commenting today so I decided to come to one of my favourite places on hive. how have you guys been?

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Been quite but we are still here.

How are you doing?

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fine text. a bit busy with my house search but I am good.

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I am doing great Nonso. Went offline for a while but now back to business with more exciting stuff.

How are you doing?

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oh i a going great. haven't been feeling so great in the past few weeks but I will try to put in more work here and support our sub-community

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Been a bit busy and things are slow but I am still around to comment.

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hopefully, we can get the enthusiasm back up. not many exciting things in the crypto sphere currently

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Tickled to have you back to add to the thoughts, projections, and general shooting of the 💩 (an American expression which means to talk).

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lol, it is good to be back. i miss the conversation here...

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Pretty good. Been away for a while myself, thanks to my brother's wedding. I was pretty certain I would see you there, but I guess not.

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It seems that at the moment the markets are in the positive line. We will see throughout the day what will happen
Screenshot_20210607_075041.jpg

Early gains can turn. That is why watching the markets on a day to day basis can drive someone nuts. Up and down. Up and down.

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I advice most peopl to delete their online wallet if their sole purpose is to track price

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Markets are slowly observing an uptrend today. Not sure where it will go from here.

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The markets are unpredictable. I prefer not to even look at prices.

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I have made the conscious decision to not watch the market any longer. I'm not a trader so, I don't think the short term movements bother me much. I'm glad it's going green though, if it still is.

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Nice decision dear

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The markets do what the markets do. I am still buying CUB little by little along with a little CAKE.

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Yellen is just a figure head since I don't see how they can keep high interest rates up and how it would be good given the current economy.

https://www.cnbc.com/2021/06/06/higher-interest-rates-would-be-good-for-the-country-treasury-secretary-yellen-says-.html

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She is right. The markets do well in rising interest rate environments too. The problem is they have a better chance at seeing Santa Claus than that.

“We’ve been fighting inflation that’s too low and interest rates that are too low now for a decade,” she said. She added that if the packages help at all to “alleviate things then that’s not a bad thing — that’s a good thing.”

The thing is they still have no understanding of why, after a decade of throwing everything at it, they were still fighting low inflation. Completely clueless as to why it happened.

Mark my words, they will be clueless once again when the commodity run ends and they face a massive deflationary onslaught.

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Well deflation is definitely going to be an issue given the speed at which technology improves. I am wondering when the tapering will start and whether the markets will throw a tantrum.

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I am wondering when the tapering will start and whether the markets will throw a tantrum.

They will. The economy will also take a hit. It is not strong enough to have the stimulus pulled. However, the sentiment is to reverse course, which they will do. Give it 6 months and we will see the situation slapping these people in the face.

It was a point in made in my post about oil. I am watching that closely.

By the way did you see this? It might be short term but that is a heck of a pullback. Sure it is just one commodity but a greater than 25% drop in a few weeks is a big move.

lumber.png

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Oh I didn't see the pull back but it was kind of expected. Personally I see a dip prices because the dollar is at a key zone and could pop.

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She knows more than me. I do not understand all this inflation and deflation stuff. Still working on understanding it. I had two years of accounting in High School but that was over 40 years ago!

Maybe one day the light bulb in my non-economist brain will turn on and I will have an epiphany! Until that time comes, I will defer to those here that understand it better.

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And just like that US states begin to battle over who will be the Bitcoin meka. Maybe it's time I start buying some btc.

What are your thoughts? Do you think Bitcoin will go on another bull run?

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Absolutely. No doubt in my mind. I haven't checked the long/short ratio lately because I've been so busy, and truthfully, because I don't care, but in my opinion, when that turns sufficiently in favor of the shorts, Bitcoin will take off again. And it will happen fast. Just my opinion. It will be another scenario where everyone is going to be kicking themselves for not accumulating as much as they could at these levels and they'll be FOMOing in all the way up to $100k plus.

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Yes I think there will be another bull run but I would not be surprised if BTC dropped down to 20k first though.

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$20,000.00 USD for BTC? If it goes down that low, I might throw about $50.00 of fiat at BTC.

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I believe it will. That said, there might be a bigger drop before it runs.

However, I firmly believe we will see $100K BTC in the cards at some point.

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2021 seems like the best year for Bitcoin and we are just getting started. :))

I am very much bullish on Bitcoin.

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I hold a little bit of BTC. Nothing to brag about. Looks like Wyoming, Florida and Texas are in the running to be the Mecca that you mentioned.

I would of expected the announcement by the President of El Salvador to have more of an impact.

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I'm certain it will. Just not sure when. I read somewhere that there are still high projections for Q4 and I don't doubt the possibility but you know, can't be entirely sure. If Q4 fails, then 4years isn't a very long time to wait.

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Let's hope some change comes about as its starting to look a little red again today. The market is locked in a perpetual bull market

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Decent article on hydrogen as a renewable source of energy:

https://finance.yahoo.com/news/renewable-fuel-might-3-times-010000802.html

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Hydrogen is greener than gasoline and renewable so I will take it. Would like to see it getting used as an alternative and a better source of energy.

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Yes hydrogen itself is a possible solution but I have only heard of people using hydrogen and not much about reducing production costs (besides Nikola which turned out to be a scam).

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We're constantly searching for greener options, right after this, there's definitely going to be something 'greener' than hydrogen

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It looks that hydrogen is getting a lot of press these days. I am a non-apologetic tree hugger, and am all for transitioning to alternative energy sources.

Research into new ways to produce low cost efficient energy has me very excited for the future of humanity.

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I might have to buy more $CUB at these prices. Hard to resist believing like I do where that platform will be in a year.

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I am currently buying LEO but yeah CUB looks very attractive too .

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I have bought some LEO as well in the last couple weeks. I got 1000 at like $0.22-$0.25. Hard to resist. Especially since it adds to the curation value. I actually bought a little more yesterday but converted it to CAKE. I checked the LeoDex and there was someone selling more than 2000 LEO so I was able to buy Hive on Bittrex, move it here, convert it to Swap-Hive and buy the LEO with it. Then send that to bLEO and buy CAKE. The fees were about as low as you could possibly get them. Cheap on Bittrex. Basically non-existent to transfer to Hive, .25% to deposit on LeoDex, no fees to buy the LEO, and 1 LEO to convert to bLEO, and finally small fees to swap to CAKE. Pretty happy with it....

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Taking the long route but it does save on fees.

The no fees on hive really do help a great deal.

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I've been thinking about it as well. Haven't pulled the trigger yet but I'm definitely close. My biggest problem is there are so many other cryptos down right now as well that I keep finding other ones to buy instead. Not the least of which is CAKE. With Kingdoms opening that up, I really like the idea of farming another "major" currency. If you consider CAKE the UNI of BSC, then it would seem like a good one to own for the next leg up at least. That said, $20 to $60 on CAKE is the same as $0.62 to $1.86 on CUB. Tough call. Like I said, I bought some CAKE to get a piece of the Kingdoms farming but I'll probably go with CUB on my next buy.

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There are more opportunities out there as compared to resources that I have. That is for sure. I can point to a dozen of tokens I would like to add more of. Alas, dont have the funds. So have to be very focused and concentrated upon where I am looking.

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I have some LEO but I can't make up my mind if I want to enter the CUB/BUSD pool or put it into the CUB Den.

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For the moment I am using the DEN. I think there is going to be a lot more incentive to do that in the near future. So might as well get a head start. LOL

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Cub life doesn't look that bad either for an entry point

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I started staking some of my Leo and using some to buy CUB. I will not be left out of the revolution.

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Just picked some CUB up with my LEO rewards. I also got a little more CAKE. Doing the dollar cost averaging thingy.

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Your post was promoted by @amr008

Would you take a hypothetical life extension treatment if it could lead to immortality?

This was a survey presented to a number of Americans.

A new study of about 900 U.S. adults has found that only 33% would use a hypothetical life extension treatment that would allow them “to live forever,” even if it were available today. About 42% said they would not use it, and 25% said they were unsure.

https://www.psychnewsdaily.com/new-study-finds-most-adults-would-not-take-a-life-extension-pill-even-if-it-existed/

So would you do it if it was available? Or would you simply opt to keep on your present life path and die in the end?

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Well, my belief is that the "next" life will be far better than this one. So why would I extend my existence here and go through all the struggles? Don't get me wrong, I like my life and I have no interest in having it end early, but it certainly isn't easy. I wouldn't mind extending it a few more decades I guess, just to see where things go. But at the same time, the mess our governments are making of the world doesn't give me a lot of reason to hope that the world is going to be a better place in the future. So, put me in the 42% camp. I'd consider adding maybe 50 years but no chance I'd want to be "immortal". At least in this world anyway....

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But at the same time, the mess our governments are making of the world doesn't give me a lot of reason to hope that the world is going to be a better place in the future.

Interesting. Do you think they were creating a mess 30 or 40 years ago? Or do you believe this to be a recent event?

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I am unsure. Honestly it depends on what is going on and whether or not I am satisfied at that point. Personally I think I would probably just opt into my present life and die in the end.

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Fortunately for you, at the moment, that is your only choice. However, this could be a question many are faced with in the next few decades. By mid century, there might be some viable treatments out there.

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Not a fan of life extension but I want to live a healthy and happy life.

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Why not live forever ? If I change my mind it would be fun to find the most over the top suicide method :P

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I'm curious, so I guess I will. Would I get to keep my body though?

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I do not know that I would wish to be immortal, at least in our current reality. I believe that the consciousness never dies but takes another form after death.

Our destination after our life is finished might be another dimension or what many term as heaven.

There is an old saying:

Everybody wants to go to heaven, but nobody wants to die.

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Hiya Lions!
Just to let you know that I reached 1000 LP yesterday!

RAWR!

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My gawd! Many many congratulations Eliana. It's a sweet sweet milestone. :')

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Congratulations mate.. I hope to be like you some day

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Great job. It is terrific to see people getting stronger in the tribe. Keep it going. Now you are working towards the 2,500 level.

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Congratulations! Keep stacking! LEO is as strong as the community makes it!

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You have my simpathy for keeping the grind going :P

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I saw your post about it yesterday. Congratz again.

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congrats! that's some milestone. 2000 LP SOON.

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Thank you, everyone!
It is thanks to these initiatives and be stubborn at engaging even if it's just one comment every day that helped me reach it!
Y'all rock :)

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Hiya! A bit late but here's the CTPChat of the day! Come say hi!

https://ctptalk.com/hive-119826/@ctpchat/ctp-chat-for-june-7th-2021

@amr008 I didn't forget this time lol thank you for your work 🙏

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I am on my way to comment over there. Perfect to kill the next few minutes before the next post comes out.

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How far can the Reputation (both raw and actual) of any Hive account go down? 🤔

i dont know but i have seen those below zero...

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Thanks for your reply. 😁

!PIZZA

Connect

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$PIZZA@nonsowrites! I sent you a slice of on behalf of @savvyplayer.

Learn more about $PIZZA Token at hive.pizza (5/10)

I don't know but I do think I have seen a -11 or something like that before. As for the highest rep I have seen, I think it was like 81.

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Yes reputation can go negative, I am not sure how much.

I think 83 is the highest we have so far.

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@hbd.funder has 82 Reputation 😅

Usually from downvotes given by influential people of HIVE. I do not know of any other reason.

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My question was about how far the Reputation can go down, not why Reputation goes down too deeply. 😅

Having a !PIZZA might help you read more clearly! 😁

Connect

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$PIZZA@sgt-dan! I sent you a slice of on behalf of @savvyplayer.

Learn more about $PIZZA Token at hive.pizza (7/10)

I misunderstood. Sorry about that. I have seen reputations in the negative numbers as low as -3 over the years!

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It looks like those accounts with zero or lower Reputation should open a new Hive account instead, without mentioning anything about the former account that was "downvoted into oblivion". 🤔😅

I will give as much !PIZZA as I can for today. 😁

@savvyplayer, sorry!

You can call the PIZZA bot a maximum of 10 times per day.

@savvyplayer is out of !PIZZA, so here I am to give you one! 😁😅

Anyway, @savvyplayer is learning new things on Hive for having a testing account! 😀

Connect

Trade


$PIZZA@sgt-dan! I sent you a slice of on behalf of @savvytester.

Learn more about $PIZZA Token at hive.pizza (1/10)

They have something every week. I participated in a few then stopped.

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Who wants to fill their LEO bags? No need to chase LEO Whales, they are chasing you. If you have the time, here is all you have to do:

  • Share on Twitter posts made on LEO Finance
    • Topics not related to LEO or its projects
    • Tag the official project account
    • Tag the influencers of the project
  • Minimum of 4 to 5 Tweets of LEO posts a day (the more the better).
  • Publish a post everyday with your Twitter statistics
    • Must include links to your Tweets (so they can be retweeted)
    • Information about impressions and clicks

This is a great marketing project courtesy of Trumpman. It will highlight how Leo Finance is all about Finance and not just LEO-centric subjects. Although not a whale, I will be watching too like many other LEO stakeholders I am sure.

For more detailed information, check out Trumpman's original post here:

https://leofinance.io/@trumpman/are-you-good-with-twitter-let-me-be-and-possibly-other-whales-your-leo-sponsor

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Its a great initiative but I really don't like using twitter so I will probably just view the tweets for information but not really tweet.

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This is a great opportunity for Twitter Enthusiasts to monetize their sharing efforts! I would take part but my account is too small and I am not that great with Twitter.

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oh this sounds great. since i am not posting much on leo these days, I can go about promoting other content creators' posts.

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APR for this weeks dividends guys

POB - 300.42 %
WEED - 14.52 %
LEO - 23.43 %
CTP - 25.96 %
STEM - 11.27 %
SPORTS - 36.66 %

Still keeping POB at 300% .

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I saw your posts. I think I have kind of made up my mind so I am thinking of keeping a 1mil stake in SPORTS on my account and delegate the rest to your SPORTS account. I think its enough to pass around 200 SPORTS for a full upvote or so.

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Thank you for all the support .

I will be posting actifit posts from now which should help SPORTS APR be near 50% .

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That is awesome. I am glad you are able to do that. Truly amazing how the APR is so high. I keep adding more in so the APY grows too.

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Loving the PoB dividends bro. :')

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Very good. I will see if there is more POB for me to delegate to your project.

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hive hugs.jpg

Apparently the recent fight between Logan Paul and Floyd Mayweather was more of a hug fest than a boxing match, not a bad way to earn tens of millions of dollars really. If I were one of them I would have preferred to be hugging a chick while earning all that money but that's why I will continue to remain a pleb, I have unrealistic expectations: no chick would hug a broke ass pleb. As much as I understand the desire of most to see Lowbrain Paul get a good whooping I wouldn't spend a dime if I knew some of it would end in his pocket, so I'm a bit surprised at the amount of money a mouth breather like him earned from this little endeavor.
Anyway when it comes to arguing on Hive I like to keep it as chill as these two buffoons and not escalate pointless conflicts, rare as they are. Like when someone asked me if I got a problem with whatever he was rambling about, and I said that "real" life is full of problems, Hive is my escapism and I'm here to have fun.
I must emphasize that there's a lot less drama now than "in the good old days" but I don't think reminding people to be less confrontational and have more fun is a bad thing :)

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Lol. Well most people tend to at least compromise but obvious it doesn't work everywhere. I tend to think HIVE is better in that regards though.

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Hive really is an escape for me too. I only realized that a few days ago when I couldn't spend time here and I had to face the realities of my country. I felt mentally drained.

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yeah reality is shitty sometimes, hope Hive will give you some nice rewards at some point :)

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I agree with you one hundred percent. I have had confrontations with others and said things that I regret in the heat of the moment.

Sometimes we just need to agree to disagree and leave it at that. We are all human beings with strengths, weaknesses and varied opinions.

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Well even Square is starting to push the environmental energy narrative.

https://www.bloomberg.com/news/articles/2021-06-05/square-to-invest-5m-in-solar-powered-bitcoin-mining-facility

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Yep. It is the mantra. The herd mentality is the strongest I have ever seen in my life. Bunch of saps.

That is why many of them will end up completely obliterated. The herd mentality often follows each other over a cliff.

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Is that a bad thing? If so, why?

I understand that there are pros and cons to everything to include environmentally friendly energy sources.

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Well, I wish them luck!

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Hydrogen is starting to get some steam since it looks like the banks are starting to go after them.

https://www.cnbc.com/2021/06/06/stocks-to-buy-ubs-names-stocks-to-benefit-from-green-energy-transition.html

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Banks and hedge funds will invest in stuff as long as it makes them money. The second the sector starts losing, they will dump those "green" investments.

When it comes to green, those institutions go for the tried and true green, as in money.

As for hydrogen, a lot of advancement being made. Going to be a contender in some areas I surmise. I can see the trucking industry jumping onto that. It makes a great deal of sense there.

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Oh I forgot about the trucking industry. Do you know if they have been able to build cheap hydrogen sources yet?

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Nothing that is commercial that I can see. There is some technological research where they can have hydrogen discs which then can be heated with a laser. That could really be idea for the trucking industry.

A lot of advancements appearing that werent even thinkable a few years ago.

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Does this lowkey advice a potential investment option? I was of the opinion that the oil and gas sector would get extinct soon.

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Banks and financial institutions always hedge their bets in their favor. Maybe there is money to be made in the pursuit of this blue hydrogen energy source?

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An interesting perspective. Would HIVE be the best thing to convert into and back when going between block chains?

https://leofinance.io/@bala41288/hive-is-one-of-the-easily-transactable-cryptocurrencies

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Yes, we need a free and fast middleman. Leo Bridge uses this while converting our assets from ERC-20 to BSC.

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I think it's cool if the transaction charge is that cheap. I've paid some outrageous fees, 0.01 Hive is a steal. I've never exactly moved Hive by myself before.

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I would think so. It seems to be working for the author of the post. HIVE is listed on a number of exchanges with USDT (TETHER) and BTC pairings.

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Been away for a few days. The weekend had me busy with my brother, @belemo's wedding, but I'm back now. Found a way to work around my service issues and I'm ready to do some commenting and interacting. How's everyone holding up?

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We are doing well. How are you holding up? Dealing with a wedding is never easy.

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Yeah, but everything was sorted out before the day so it was just fun all through. We had to travel though so I couldn't get much sleep until today. But I'm completely back to my routine now.
Thanks

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Congratulations on his wedding. Was it fun and were you guys able to get together?

I am doing fine but I am struggling to find time to be on chain as much.

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It was mad fun. I hoped some of his Hive friends would show up but it was still a success.

Why the struggle? Not many interesting topics to engage with?

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More like time as life has gotten a bit busier.

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https://leofinance.io/@dunksocial/dunk-social-logos-and-banners Hey all, here is a bit of logo/image dump for @dunksocial According to the devs, things should be ready within a few days. I am still considering things such as token sales and/or small airdrops, but nothing is finalized as of yet! Hope y'all will enjoy

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Congratulations. Glad that you were able to get things up and running. I wish you all the success in the world!

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Much appreciated! The UI is now up, but I need to post some explainer videos and figure out the best way to get the ball rolling on distribution!

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Ask for help. The worst people can say is no. Most folks to include whales in this community are a wealth of knowledge and are usually open to helping people.

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Very nice. Let us know how the tokens will be dropped but there is just too many different investments available.

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Glad things are progressing so well. Good to see you pursuing this. We all will help to support it and make it strong.

Great job so far.

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Much appreciated! Just need to figure out distribution to get things going. UI is up!

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2 New Kingdoms are launching in the next 24 hours.

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lol, i have forgotten about cub info sometime now. will do well to get back to my previous position. making a lot of life changes currently

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No problem man. Just keep checking whether your Cub pot is growing or not. Because it's growing while you are dealing with life :))

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Too bad I don't really have any DOT or ETH.

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Not a problem. Use bLeo to buy DOT & ETH and pair them. Can do this if you want to try. But I will wait for more Single Asset staking Kingdoms. They are much safer and provide decent ROI.

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Progress is being made. I like what is happening with #Cubfiannce.

We are going to see some terrific things from that one.

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I agree. Cub Finance is the only platform that has worked well for me. With upcoming developments, it's going to be packed with unique features. ✌

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That is cool. I do not use DOT but I may try out with a little ETH.

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I am waiting for Cub Den to become Cub Kingdom.

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Screenshot_20210607_160858.jpg
At this time the earnings at least the top earnings have changed here is an update.

Reminder: COLLECT YOUR CANDIES!!!!

It is that time again, when the site allows for more CANDIE collection.

Be sure to get yours.

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Done :) But I missed yesterday so back to 10 :(

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That will teach you. It is painful to miss a day. Hurts not only that day but the next few since one has to start over.

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Thanks for the reminder. I behaved this time and got all week's CANDIES!
Back to a new week so +10!
730 total so far :)

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You are closing in on the 1K CANDIE Club. It is a rather exclusive club.

There might come a day where we will have T-shirts and perhaps even meetings.

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I'm back up to 30 again. Working on that second thousand....

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Stacking is stacking is stacking.

It is a joy just to keep adding even if it amounts to nothing. Who knows. They are just lottery tickets.

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My 30 candies collected. Almost back at half way into the cycle.

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Just grabbed 60 myself. Tomorrow the big 100 collection then back to the low levels.

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Got my candies today. I am over 1,000 candies now.

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Our clothing as computers?

Some researchers at MIT were able to send, store, and process data using digital fabric.

https://newatlas.com/wearables/mits-world-first-digital-fabric-store-process-data/

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Well, if you're a spy and you can get out with only "the shirt on your back", that could be a much more valuable scenario than it would at first appear. :-)

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Even if you got out in only your skivies, that would be very valuable.

We are rapidly advancing far beyond Maxwell Smart.

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I wonder how much data they want off us until they are satisfied. Imagine them knowing exactly where you are and they could bomb you with some jet.

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They can do that already and using an unmanned drone.

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For some reason this reminded me of the episode of Beverly Hillbillies where Jethro wanted to be a double-ought spy. This type of digital clothing would have come in handy for his spying pursuits. 🤣

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I dont think the Chinese are liking Biden as President anymore than they liked Trump.

Biden just banned any investment by Americans in Hauwei.

We will see how this works out. The US better kick its tech game into high gear.

Oh one point, China manufactures like 85% of all the semiconductors in the world. So piss them off too much and they might not send any out.

https://interestingengineering.com/president-banned-us-investment-huawei-tech-wars

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I think they liked the orange man more, if you flashed enough money at him we would agree to almost anything

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Actually Biden was the one bought. The Chinese gave Hunter and Joe baskets of money.

Trump was paid off by others. He had no use for the Chinese.

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I find it hilarious that the Dems are now so aggressive on the trading front after kowtowing to the Chinese for years before Trump finally called their bluff. Now they are out there swinging the hammer with no regard for consequences. Simply amazing. That said, maybe this means the Biden/China connections alleged during the election cycle were actually fabricated. That, or now that he's president, he doesn't give a fuck about a meaningless $10 million. Probably more accurate....

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He is a career politician meaning he is as trustworthy as a scorpion. That means watch your back. The Chinese investment in him was money not well spent.

And he is back to blaming Russia for shit again. So basically they are looking to start a war with those two so they cowtow to Brussels.

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Well I don't know because we all know Biden is a puppet. With how his own cabinet is, I wouldn't be surprised if he flip-flops back and forth. I mean they even threatened the nukes.

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Hopefully we will be okay in spite of our political leaders. I am fully convinced they are all corrupt and a little bit crazy.

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Its definitely hard to time the market so I think its a good article.

https://www.businessinsider.com/personal-finance/dads-hands-off-investing-advice-grow-bitcoin-holdings-2021-6

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That is excellent advice that the author gave. Invest it and forget it!

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Here is another edition of @leomarkettalk. We are crushing along in the month. Already a week in.

The comments are way down. It is hard to see why we dropped so much. We are barely a quarter of where we were a few weeks ago.

We will just have to keep plugging along.

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I'll take all of the blame if it helps :P

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No it is all my fault. I have gotten very lazy.

Leo Finance

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at least you were cute while being lazy :P

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Sorry I haven't been checking in as much. But I do plan on making as many comments as I can.

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I'm sorry my friend, the truth is that I've been busy with some personal situations and I haven't had the time, I'll try to be more constant. Best regards to all!

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It doesnt look like the USG will do another round of stimulus checks to the population. Of course, they believe that things are going to be good as the economy "reopens". I disagree with this assessment that things are going well. They are a mess.

Nevertheless, they will continue to believe that until it is too late. The Fed is doing the same thing.

https://www.cnet.com/personal-finance/could-a-4th-stimulus-check-still-be-on-the-table-in-2021-heres-the-scoop/

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I think we will have recurring stimulus checks at this point. There is no stopping it since it seems like that is the popular opinion of the public and the democrats.

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Everyone blamed the market for screaming when the easing was temporarily stopped a few years ago by the Fed. The economy also couldnt handle it and it was on firmer footing then. With all the tax mess coming out of Washington along with the effects of the lockdowns, we are seeing major headwinds.

I think there is a lot being overlooked.

Oh and by the way, technology is racing ahead. That impact seems to be overlooked regularly by people.

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I guess things are F-ed up either way

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On a global scale, I believe the economic situation is. This is going to last a while.

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Do we need another round of stimulus checks? I do not think so. The pandemic seems to be winding down. Tax credits for children sounds good. Time for youngsters to get back to work if they are able. There are plenty of jobs offering sign up bonuses and high wages, at least in my area.

Shoot if they cut my military pension I will go start pushing shopping carts in the supermarket parking lots or stock shelves at the local Dollar General. I will have no other choice!

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At least Musk is tweeting about Tesla, for now.

The most expensive Tesla is no more. They did away it with.

https://www.cnet.com/roadshow/news/tesla-model-s-plaid-plus-canceled-elon-musk/

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It will be interesting to see if he took the Anonymous warning to heart....

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I know I would....

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Well I am not too sure about he Anonymous warning but it definitely is a creepy thing to get.

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At this point, I think it is too late. They already made up their mind so I doubt Musk can do anything about it. They have what they do or they wouldnt have made the video. It is only a matter of time before they release it.

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I saw that article earlier as well. Did they already have pre-orders in place yet? If they did, it will be a nightmare.

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Don't worry it won't last long :))

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He does not have many friends that is for sure. I wonder how the institutional investors view him after his comments that many feel contributed to the devaluation of BTC. Of course there was more to what happened to BTC than his Tweets.

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Its like a summary of your web 3.0 articles lol.

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Others can write about it too. LOL

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Wow! Pretty in-depth but understandable. A very good article.

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As always, it is interesting with John McAfee. The court in Spain suspended his hearing on extradition to the United States.

I bet the Feds are salivating to get their hands on him.

https://news.bitcoin.com/national-court-of-spain-suspends-john-mcafee-extradition-hearing/

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I am sure the Feds want to get a hold of him and I wonder if him being convicted will have a negative influence on crypto in general. The biggest issue I have is how vocal he was about taxes and his own holdings.

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That is true. He was so 'in your face' about it that they are aching to get him in a court and make an example out of him.

At this point, I think the industry is far passed McAfee. He was 2019 news. The longer it takes for this to get in front of a judge, the more the industry will move past him. He will be fossil like Mt. Gox.

After all, we now have Elon.

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I wish he could swap places with Sunny boy

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Sunny boy might find his own cell he finds himself in.

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The Feds still after that poor old man? It is a wonder after all the drugs and his hedonistic lifestyle that he is still living.

They do not want him, they want his money. Bilking the USA out of their piece of your pie will get one more jail time than murder.

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so surfing the net securely is becoming increasingly important here in Nigeria. i would like to know some of the measures you guys take in ensuring that your data is safe. I could learn a thing or two.

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Use of a Virtual Private Network (VPN) is always a good idea. I am not sure what is available in your area. I use NORDVPN.

I also have my browser set up so that every time I close it all settings and cookies are erased. It is a bit of an inconvenience but adds to security.

You might check out posts by TheMarkyMark. He has done a number of posts on security.

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I havent followed their different rockets close enough to know what this is but it looks like a giant oil can they are going to end up shooting into space.

Oh well. Those people at SpaceX have some idea what they are doing even if I dont.

https://www.teslarati.com/spacex-starship-booster-test-tank-rollout/

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I am wondering when they change the batteries to be electricity but for some reason, I think oil is just way more cost efficient.

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Is that a guy sitting in a chair on top of that oil tank?

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Saudi Arabia is going to keep pumping out oil. People are nuts if they think that the world is not going to still need a ton of fossil fuels over the next couple decades. Renewables are growing at a terrific rate but so is the overall energy need. No way all that demand is met with renewables and few (to no) countries are going to reduce their energy usage.

How many activists turn off their computers and phones? Exactly.

https://oilprice.com/Energy/Energy-General/Saudi-Arabia-Says-It-is-No-Longer-An-Oil-Producing-Country.html

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Well, until the world decides it no longer needs plastic, oil is going to matter a lot.

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Amazing how environmentalists really enjoy their bottles water that is most likely from a tap anyway.

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When do you think we will be completely off oil? I am guessing we will require 20-30 years since most sectors are slow to change. Personally I think renewable costs should be cheaper than gas costs in a decade or two.

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I wouldnt think it will be that quick because as @dagger212 pointed out, it is used for a lot more than just transportation. So until we address an alternative for plastic, it isnt likely to happen.

Plus even with cars, we will see gas powered cars sold for at least another decade. Considering the age of vehicles, that would still necessitate a need in the 20 year window you pointed out.

Of course things change quickly but humans tend not to. So I think there will be the long trend of adoption.

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Oh I agree. We will be using oil for quite some time. The transition to alternatives will not happen overnight. Though a person that is bullish on renewables I am also a realist.

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China to use high powered laser in space to create matter?

Sure why not? That are on pace to be able to do this in the next couple of years.

https://asiatimes.com/2021/05/china-on-brink-of-laser-matter-breakthrough/

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It would be interesting to see if this succeeds or not. If they can use laser to create gold and silver, I think the prices will tank.

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That is some serious science fiction stuff becoming science fact! It is amazing how fast these scientific discoveries are advancing at an exponential rate.

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Microstrategy going all in on Bitcoin. It is now raising another $400 million to buy Bitcoin.

This is risky but could pay off in the end.

https://ambcrypto.com/microstrategy-to-raise-400m-to-buy-more-bitcoin/

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What do you think will happen if BTC drops down to touch 20k? I feel like a lot of micro strategy investors feel the heat.

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There really is something to this Bitcoin. Don't ya think? 😉

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Another clueless Boomer blasts Bitcoin and calls it a scam.

This time it is from the technologically advanced ex-President Trump. These fossils really have no idea what is going on.

https://cointelegraph.com/news/trump-calls-bitcoin-a-scam-advocates-for-dollar-hegemony

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Lol honestly I wasn't expecting it from the orange man mainly because he should be against the mainstream establishment. But I guess he is paid off too.

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That man is dumber than a box of rocks. That is just my observations from his own statements over the years. In his defense he did say: It seems like a scam. and in the same breath? I don’t like it because it is another currency competing against the dollar.

Now how the hell can a scam be another currency competing against the dollar? This is a classic example of cognitive dissonance.

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South Africa might be in for some tough times. They are closing down a number of coal plants over the next few months, while they are having to engage upon load shedding. This is going to really hurt individual households but could really crush the economy.

Stupidity at its greatest. That is what happens when you listen to the mainstream rhetoric.

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was listening to a podcast some weeks ago about how going green might not be viable for most African economies as we do not have the resources to produce renewable energy on a large scale and we all know the importance of energy in building any economy.

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Don't they already have an issue with energy before this? I don't see this ending well for the general population there.

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El Salvador might have opened up Pandora's Box for crypto.

Now Paraguay is considering following suit.

https://cryptodaily.co.uk/2021/06/paraguay-bitcoin-el-salvador

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i think we talked about this a few weeks ago. smaller economies are going to capitalize on the crypto ban and grow from there. it is the way to go at this point and I wish the Nigerian government could take the clue, rather than attacking free specch

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It would be interesting since backing it with BTC isn't really that different since I think they have long wanted to get off the petrol dollar.

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This is a really good video on showing where the future of technology is going in terms of the new Industrial Revolution. The four pillars in here are the things to watch as we proceed through this decade.

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When do you think technology will hit escape velocity? I know he kind of mentioned how things seem slow now.

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Depends upon what you mean by escape velocity? If you mean where it advances faster than we can comprehend, aka the Singularity, I think you are looking in the 2050s or 2060s for that.

If you mean where it is growing at an exponential rate, I think we are already there. The pace of many innovations is truly impressive. We are operating on the positive feedback loop whereby each advanced level is a higher starting point for the next innovation.

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That was a very educational video. I really enjoyed it and am going to watch more of that channels videos. Thanks for the share!

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Hi friends, I have some CUBS for sale with my friend @theanalystjohn. We are in a hurry to sell that money and I have seen many of you here in the chat wanting to buy so I think it would be ideal. If you are interested just let me know.

Best regards to all of you!

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Why not just sell them on CubFinance. They will immediately be turned into BNB or whatever token you want.

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CubLife bro!

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Why do you not just sell your CUB LIFE (CL) on LEODEX.IO? That would make more sense to me. And if it is CUB you can trade it for a stable coin on the CUBDEFI.COM site.

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There are no buyers willing to pay the real price of CL. It is a seemingly dead market for now.

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Congratulations @leomarkettalk! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

Your post generated a lot of interactions and was the most commented of the day

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To support your work, I also upvoted your post!

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Merci mes amis! Nous vous apprécions beaucoup!

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Très cher, c'est un réel plaisir pour nous. !LUV

Did @amr008 figure out the Utopis rewards percentage for the week?

I didnt see it but that doesnt mean it wasnt there.

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I don't think he posted it yet. Maybe it can be on his list of comments for tomorrow.

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I will post it soon. Actually there was a delay in UTOPIS payment yesterday, he mentioned it on discord .

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