The Daily Web Log for Prepared Individuals Living in Uncertain Times.
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6 Comments
I’m sure Pat Cascio’s experience is accurate, but my own experience is not so good. I purchased a >$240 pocket knife based on Pat’s recommendation and it did have a flaw. I was confident in the manufacturer because of the glowing recommendation and took it into ZT for repair/replacement. I was met with a cold stare and a “I don’t care” attitude and told “so sorry”, “we don’t do that here.”
I do love the knife, but it does have a manufacturer’s defect and I was expecting the service you typically find in American made shops and was disappointed to find corporate apathy. They had my $240 and now they were moving on to the next.
What does tokenizing the dollar mean – would cash be eliminated?
What would it mean from a prepping and privacy standpoint?
I believe answers to these questions would be of interest to all here, if not previously addressed.
Bobcat- if dollars go crypto I believe 90% of paper cash will be eliminated. As far as privacy goes, I believe digital currency throws privacy out the window, as your “monitored” emails, cell calls and amazon accounts prove so.
I think fractional gold and junk silver will be king for privacy purposes.
Even before the govt could “tokenize” currency, someone will have developed the anonymous token.
Digital money… I think there would be an outcry like no other. And not just from a “regular folk” perspective either. Much of the economy runs on cash. Privacy depends on cash. Too many people would just refuse. Maybe as a few more generations pass, the digitally inclined would accept it. My two cents.
Housing bubble in Silicon Valley… there’s no bust going on. I have a family member who lives there and is in the Escrow business. While I urge all family to leave the state for good, the money still flows there. Just closed a deal for $1.7M, 1320 sq ft, 3bed/2bath. I know someone who lives in a similar sized house, estimated value of $1.9M. I think that one was actually valued at $2.1 a year or two ago. So maybe that’s the “bust” being referenced. The original purchase price of that home was around $50K, same owner. My fear for Silicon Valley is if Facebook, Google, Apple, the really big players, somehow go broke and the affluent leave. FB and GOOG/ABC are in for some legal challenges, although Apple is making some smart decisions right now. I just don’t see the bust happening for regular folk who can’t purchase multi-million dollar homes. I do see risk for the affluent who are buying the multi-million dollar homes, and investors, if loosing a few hundred thousand is considered a risk to them. I just have to ask who in their right mind spends that kind of money on housing, cars, etc. LOL
Intimidated and don’t know where to start with radio? This book is the perfect guide to what options you have i.e. GMRS, CB, to ham and basic communication topics.
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I’m sure Pat Cascio’s experience is accurate, but my own experience is not so good. I purchased a >$240 pocket knife based on Pat’s recommendation and it did have a flaw. I was confident in the manufacturer because of the glowing recommendation and took it into ZT for repair/replacement. I was met with a cold stare and a “I don’t care” attitude and told “so sorry”, “we don’t do that here.”
I do love the knife, but it does have a manufacturer’s defect and I was expecting the service you typically find in American made shops and was disappointed to find corporate apathy. They had my $240 and now they were moving on to the next.
What does tokenizing the dollar mean – would cash be eliminated?
What would it mean from a prepping and privacy standpoint?
I believe answers to these questions would be of interest to all here, if not previously addressed.
Bobcat- if dollars go crypto I believe 90% of paper cash will be eliminated. As far as privacy goes, I believe digital currency throws privacy out the window, as your “monitored” emails, cell calls and amazon accounts prove so.
I think fractional gold and junk silver will be king for privacy purposes.
Even before the govt could “tokenize” currency, someone will have developed the anonymous token.
Digital money… I think there would be an outcry like no other. And not just from a “regular folk” perspective either. Much of the economy runs on cash. Privacy depends on cash. Too many people would just refuse. Maybe as a few more generations pass, the digitally inclined would accept it. My two cents.
Housing bubble in Silicon Valley… there’s no bust going on. I have a family member who lives there and is in the Escrow business. While I urge all family to leave the state for good, the money still flows there. Just closed a deal for $1.7M, 1320 sq ft, 3bed/2bath. I know someone who lives in a similar sized house, estimated value of $1.9M. I think that one was actually valued at $2.1 a year or two ago. So maybe that’s the “bust” being referenced. The original purchase price of that home was around $50K, same owner. My fear for Silicon Valley is if Facebook, Google, Apple, the really big players, somehow go broke and the affluent leave. FB and GOOG/ABC are in for some legal challenges, although Apple is making some smart decisions right now. I just don’t see the bust happening for regular folk who can’t purchase multi-million dollar homes. I do see risk for the affluent who are buying the multi-million dollar homes, and investors, if loosing a few hundred thousand is considered a risk to them. I just have to ask who in their right mind spends that kind of money on housing, cars, etc. LOL