Ah yes, forgot about that thing, it’s off topic but that’s why I said “couple planning and goal setting”, otherwise you can and do have situations (I know one from a couple very close to me) where one lives very frugally and invests every single penny and the other manages to have zero at the end of the month while also contributing zero to the shared roof expenses. I say sooner or later cause for divorce. And then the real fun starts:
The law would have something to say for both? How does the argument of the one saying “I saved for our future” while the other saying “I lived life” stack up in court? And if you have a case where the income of the one is 4-5x the income of the other, is the frugal, high-earning partner liable to have to pay up from their hard-earned, hard-saved investments on top while the other took Ubers everywhere, every day, and ate 2-3 meals/day outside?!
As I said, not my situation but one I know very well.
Ok, Ok… I’m dealing with the “money” stuff in our family and she is happy with that (and that we can go 4 weeks to France like last summer, or do not need any mortgage if we decide to buy or all bills are paid or she always can request some extra amounts if she needs to) but sometimes the cash balance of our account for daily spending is directly visible if it drops daily by a certain amount, it can be felt… All good! I can’t get rid of her and vice versa. Love.
I agree. For me there is only Bitcoin. Further there was insider trading going on… I believe in Bitcoin in the long run. So honestly a nice push but nothing more. History is made in El Salvador, not in the US. We’ll see…
Yes the IMF seems to not be the biggest fan, but I think it was rather the condition to obtain a loan from the IMF that led El Salvador to scale back its crypto ambitions. The article also mentions that the government has continued buying bitcoin since the deal was struck (but less than before I imagine).
Am neutral on crypto but I think the article misses the point. San Salvador (and be on good terms with IMF also in future) really wants that loan from the IMF and one of the requirements is to focus less on crypto, so they choose to comply.
Trump promised a strategic reserve and he is just doing what he promised. People voted for this so they should accept the results too.
Now what this reserve means for the country, if this is a right thing to do or not from economics perspective , what this means for long term value of crypto is another discussion.
One thing is true -: there would be a new buyer of these cryptos and it would keep a floor on the price for long time. I guess even this reserve like everything else will be funded via , wait for it… tariffs
Current President is known to be transactional. This is another transaction
How is pushing XRP & co. not wrong for you? If it were indeed about strategic crypto reserve and unrelated to pushing some specific coins, he would not have ‘forgotten’ to add BTC (and ETH if you will) in his first communication.
This was the ‘wrong’ I am referring to. Not the idea of a crypto reserve itself.
It smells insider trading. This president is not really pro crypto, he (his entourage) just wants to rug as much as possible and make as much money as possible. There is no second best, stack sats.
I think that it’s not him personally, the dude is nearly 80. It’s probably the people around him using the name and publicity to get richt off it. BUT, that doesn’t justify the shadiness of it, since he is getting his cut.
On the other hand, my question is who is actually buying TRUMP, MELANIA, LIBRA (Mielei) coins? It’s not your average citizen, so who are they actually scamming (?). On Wikipedia[1] they say that through LIBRA investors lost $250mm. Who the hell invests in some unknown crypto token, just because some president tweets it? Kinda sounds like gamblers.
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them…
