We all know the system is broken. Government spending is a out of control. There is no accountability. Our tax dollars vanish into bureaucracy. Instead of complaining, let’s discuss a solution—Public Interest.
Transparency and Accountability: Would you participate?
Imagine knowing where your tax dollars go. Public Interest makes this possible. By entering your income, tax info, and spending habits, you can see where your money goes. You get a breakdown of where your taxes go, including public salaries to police, fire fighters, politicians and projects. Simple visuals like pie charts make this easy to understand.
Have questions?
Can’t stand my arrogance? Think I’m a lunatic? Let’s talk.
With Public Interest, you don’t just pay taxes; you engage with your money. By subscribing to a public tax in your area, you can track your debts and income, but also you can earn interest on your taxes while contributing to projects in your area that may effect you.
The Power of Decentralized Finance
Public Interest is about more than transparency. It empowers communities with decentralized finance. Members can contribute what they can afford. Thus, they support local projects while managing their finances. The more you contribute, the more influence and rewards you get.
True Community Engagement
Public Interest offers more than financial tools. Additionally, it can include homeschooling resources. It can let community members propose and vote on local projects. This way, important projects get the funding and attention they need with your vote. A vote that is verifiable on the blockchain.
Accountability Through Technology
By using blockchain technology, Public Interest ensures transparency. Every transaction and vote is secure. As a result, this reduces fraud and corruption. Your money is used well.
The Future of Governance
Public Interest can transform governance. Like Uber nearly replaced taxis, it makes political structures more accountable and efficient. If successful, this model can inspire similar systems worldwide. Therefore, it leads to a more democratic world.
Join in promoting Public Interest.
The system is broken, but Public Interest can fix it. This platform makes governance transparent and accountable. Therefore, it’s about seeing where your money goes and being part of the decision-making process.
Transform the future of governance with Public Interest. It’s our duty to ensure a better future for our children and communities. Let’s make a difference—one vote, one contribution, one community at a time.
Over the past decade bitcoin has had its supporters and its enemies. What does it even do for us? Do you see it as an invisible, fake coin, just a number on the screen?
What does Michael Saylor, who has aggressively been purchasing Bitcoin and now holds $5.6 billion worth, understand about bitcoin? Or what about Blackrocks ETF application? What do these billionaire and trillionaire asset managers find so interesting about bitcoin that has them gobbling up the supply of bitcoin?
If you’re not at all curious and your net worth is under $1 million you are going to lose to inflation.
If you don’t even know what that means, let’s take a step back and let’s ask ourselves how much we even understand about the financial system on the most basic level, interest rates.
Borrowing money with a credit card or for a house is kind of the same. The bank borrows money from the federal reserve to lend to you to make a profit on you not paying it back over time.
Interest charges fluctuate.
When there’s nothing tangible that’s being lent out like gold coins, they print numbers on screens or paper that are attached to an interest rate that charges somebody to issue that money and the fed can rise these rates or lower rates at any time depending on the amount of money in circulation to combat inflation.
Inflation means rising the price of goods to try to balance the amount of money in circulation.
The money in circulation is debt, so to balance the debt rising the price you pay for the goods will go toward paying the bill on that debt.
Imagine the government taking at a credit loan for a trillion dollars. It didn’t exist before, but to help pay the debt on that loan the government makes the costs of everything a little more expensive so that the profits rise and they can make the payments on that loan.
Does that make sense? Lesson over.
Now that you understand that, what is Bitcoin and how can it benefit you?
It’s the first sophisticated monetary system that mathematically can not be fraudulent or printed in any way other than its core mechanism, WORK.
You may hear environmentalists complain about how much energy is needed for bitcoin to reward miners for blocks. Without getting into the weeds of that, have you tried to understand why it uses so much energy, and what does that mean for the production of energy?
Every 4 years it gets more difficult to produce bitcoins, they call these events a halving. Actually 93% of all bitcoin has already been mined, and over the next 120 years 7% of the remaining bitcoin will be mined.
It will cost more and more energy to mine bitcoin because the difficulty to adjustment is made on that 4th year effectively cutting in half the rewards for miners to produce a block (in the blockchain).
An example would be like mining for gold, and you know theres an exact amount under the ground because you can see it on lidar, and the first 4 years there’s only loose soil in the way, the next 4 years, maybe some mulch, then some rock, then some booby traps, then some water caves, then some titanium in the way all the way until the year 2140 when the final amount of gold will be mined after it has grossly gotten more difficult you find yourself wading through lava to get to it and hiring thousands of people to help you reach it.
But in that example when you have mined all the gold you have to store it somewhere like a vault, and if it’s a lot of gold and worth billions you have to install a security system or hire guards. With bitcoin, you can remember 24 words in your head and walk around the world through air ports, countries with a billion dollars worth of value just waiting to be unlocked anywhere.
See, the more energy it takes to produce it is a core variable in what makes it valuable over time. This mechanism is called proof of work and uses the likes of physics to secure its software.
When bitcoin gets passed up by people who don’t bother to understand its beauty in software design, its poetic and liberating behavior it has on preserving wealth, it’s inherit state-less issued monetary policy and unconfiscatable nature I just sigh.
It’s the same feeling I get when I wish everyone could see the reality of humanity that I see. We’re all free people sharing the same identity on a finite planet and we all need love, yet every authority on the planet is preventing you from seeing it this way. Just as they are trying to prevent you from seeing bitcoin as the only transcendental hard monetary asset in the universe (far as we know).
So to conclude my statement on the benefits of bitcoin I will issue you some reading material and podcasts to gain an understanding of it so that you do not miss out on a once in a lifetime flight to a global asset.
Bitcoin White Paper: https://bitcoin.org/bitcoin.pdf – this is written by the infamous Satoshi and if you want to read it there you go.
Finish by watching this long form podcast with Lex Fridman and Michael Saylor. Good luck on your retirement journey. I’ll know what I’ll be buying in my IRA.
If you have been watching the crypto market when Bitcoin was at $69,000 drop to where it’s at right now, $16,000 you might be seeing a buying opportunity.
A lot of news in this market has not been good. Celsius is bankrupt, Voyager is bankrupt, FTX is bankrupt, 3AC is collapsing and it’s hurting VC coins like Solana, Luna collapsed to $0 from over $100, and LBRY lost it’s battle vs. the SEC deeming it a security, which begs the question will XRP also lose it’s battle?
So first of all let me start by saying that the best time to buy is when there is blood in the streets, and if we’re looking at the streets right now, it’s pretty bloody, but how do we gauge when the bleeding will stop?
I’ve never timed the top or the bottom, but close to it. I have some regrets for not selling closer to the top, but we all do.
When do we buy though? Short answer, as often as possible for as little or as much as you’re willing to kiss good-bye.
The Dollar Cost Averaging strategy over time usually plays out in your favor. Time in the market beats time in the market, but thats usually not the way to get rich quick, it’s a good strategy for saving though.
How do we choose the bottom? Just wait and monitor the sentiment coming from others in the market. That might mean following accounts on Twitter in the space, joining a Telegram group, and following some blogs that are in the know about it. Still you might not be able to time the bottom but it can give you some degree of insight for when to enter.
What I did with my entry strategy was to wait for the lowest price, watched it rise a bit and then catch the wave just as it starts to rise. If you surf, it’s kinda like that.
That happens a lot in a bear market though so you have to be patient. There’s no simple answer, and if there were we’d all be rich, but you have to have a good grasp at what you’re investing in, that’s step one.
A lot of the ALT coins in the market will fail. So take aim at the ones that will be around like BTC, ETH and ADA. Get a good grasp at what problems each one of these coins will solve before you throw any amount of serious money at these coins. Only until you know what their purpose is, and how they will play a major role in the future then you should make a significant investment.
Good luck on timing the bottom, no one really ever does, but just be smart about your entry. BTC is the dominant coin for a reason. In bear markets, it’s almost the most certain bet to invest in BTC before any other coins, but just go find out why don’t take my word for it. Why is BTC a good investment? Why is BTC better than fiat monetary policy? If you can understand why this and why that, when you make your investment you will be driven by your conviction and not by blind luck.
I think cash is king right now as the market continues to crash. So accumulate as much cash as you can to start slowly injecting into the market as it continues to drop and when you feel it’s hit it’s low (you’ll never know for sure) then make your significant investment and remember your conviction in the project(s) you invested in.
If any of this gave you some insight share this with your friends and followers. Good luck.
I’ve been in the crypto market since 2017 when Bitcoin was trading at $4000 and Ethereum was trading around $100. These prices at first glance were high, especially not knowing what either of them were. Fast forward to 2022 and a $42,000 Bitcoin and a $3,200 Ethereum look cheap. Let me try to explain why.
The major difference between 2017 and today, is that countries, banks, and institutions are buying crypto. See how much companies are holding here and which banks are buying bitcoin here.
But the reason I’m buying NFTs on both the Ethereum blockchain and the Cardano blockchain is because of the momentum the entire crypto space is getting from those big players. So if you don’t know what an NFT is or you think it’s ridiculous this is how I’ll explain what one is.
A Non-Fungible Token is a token that can not be duplicated issued on a blockchain. A lot like how an artist creates prints of a 1/1 piece of art and numbers the back of each print, let’s say 100/100 prints of an original piece. Those signed prints would be a lot like the digital NFT that only you own in your wallet.
If that’s hard to follow, maybe think of it like this. You’re playing a video game that sells you a unique weapon that shoots cookie dough at people. The game developer only made 1 of them, and you want to be the only gamer that has it, with NFTs that’s possible.
So the reason I’m buying some NFTs is because of the idea of digital scarcity. I’m in the belief that as the 20’s come to an end, and we’re in the year 2030, most of our business and shopping will be online or in a metaverse. The writing is on the wall, and as AI and robotics are entering the marketplace this decade the internet and the internet of things (IOT) will explode.
I picked up more CNFTs than NFTs though due to the high gas fees on Ethereum. Cardano fees are fractions of a dollar compared to Ethereum fees being hundreds of dollars. Ethereum 2.0 is a little late in development when they officially move to proof of stake like Cardano, but until then I’ll be using ADA over ETH. I hold both assets, but when the ERC-20 converter being developed by Singularity NET (AGIX) is on the Cardano main net, I will be taking my Ethereum tokens in MetaMask and converting them on to the Cardano blockchain in my Daedalus or Nami wallets. I just believe Cardano is superior technology.
As the market moves downward, right now we’re experiencing a 40% down trend from all time highs, certain NFTs will hold their value in their native assets. One trick is to take profits in USDC or Tether and yield 9% on your gains as you watch the market fall, but another trick is to buy some NFTs in a popular project with a healthy community and possibly double your investment. Though this isn’t financial advice, just financial opinion, I think that NFTs aren’t going anywhere and healthy projects will keep their value and even gain over time.
I’ll conclude by saying that if you’re reading this today, you’re not too late. It seems as though things are falling and you are getting an opportunity to buy in at a good price. You just have to ask yourself what kind of investor you are? Are you buying to hold until you retire? Then sign up for iTrust capital for a Roth IRA. Are you buying to hold until next year or next month? Download Voyager to buy and sell crypto and pay the IRS short term capital gains tax at 25% or hold a little longer for at least two years, and pay them 15-20%.
Download the Voyager app and trade $100 to get $25 of free Bitcoin.
