Investments vehicles, stocks, bonds, IRA's, or 401k's?

[JohnDB]

I can take gold to any pawn shop in any city in America and get cash.

Not even a problem.
I can even take it out of American and get a reasonable exchange for some kind of currency.

Can't do that with a crypto currency.

 

[godsquadgeek]

The credot cards aND current cards use cash.a total cashless society is much easier.I know people who don't have a computer,cell(smart ) phone ,and do fine.Wirth a few them selves.in laws,abd retired.

No credit cards don't use physical cash, they use dollars, but a digital format like a crypto.

 

[godsquadgeek]

I can take gold to any pawn shop in any city in America and get cash.

Not even a problem.
I can even take it out of American and get a reasonable exchange for some kind of currency.

Can't do that with a crypto currency.

There is a picture of a homeless guy accepting bitcoin. If he can do it anyone can.

 

[jasonc]

No credit cards don't use physical cash, they use dollars, but a digital format like a crypto.

But I don't have to use a credit card or have credit.monica didn't until 5 years ago

 

[jasonc]

There is a picture of a homeless guy accepting bitcoin. If he can do it anyone can.

Not likely homeless.what's he do ? Go to a bank without an adress? Someone has to take his Bitcoin convert to cash

 

[godsquadgeek]

But I don't have to use a credit card or have credit.monica didn't until 5 years ago

Can't buy a home or car, unless you have cash to buy upfront.

 

[godsquadgeek]

Not likely homeless.what's he do ? Go to a bank without an adress? Someone has to take his Bitcoin convert to cash

Homeless people can have phones too, crypto wallets are a dime a dozen, like a bank account. In California Obama gave away millions of free phones to low income. I saw a homeless person leave a phone in our ally by our trash can, obviously free. He just use phone to transfer Bitcoin to cash, in three days he has cash.

 

[Michael74]

Zero Hedge had an article on digital currencies.

 

[WinterPuma]

Homeless people can have phones too, crypto wallets are a dime a dozen, like a bank account. In California Obama gave away millions of free phones to low income. I saw a homeless person leave a phone in our ally by our trash can, obviously free. He just use phone to transfer Bitcoin to cash, in three days he has cash.

Homeless but still has a cell.
I was shopping the last week I was in the states. In this little strip mall where the grocery is located there's a homeless guy with the cardboard sign , "homeless, hungry, please help!"
The sign was propped against his legs facing traffic while he was talking on his cell.

 

[godsquadgeek]

Homeless but still has a cell.
I was shopping the last week I was in the states. In this little strip mall where the grocery is located there's a homeless guy with the cardboard sign , "homeless, hungry, please help!"
The sign was propped against his legs facing traffic while he was talking on his cell.

Yup! Thanks to free cells via obama.

 

[WinterPuma]

Yup! Thanks to free cells via obama.

He was a real peach for eight years wasn't he? Bless his heart.

 

[jasonc]

Homeless people can have phones too, crypto wallets are a dime a dozen, like a bank account. In California Obama gave away millions of free phones to low income. I saw a homeless person leave a phone in our ally by our trash can, obviously free. He just use phone to transfer Bitcoin to cash, in three days he has cash.

If he has a means to charge his phone,here they use public power at parks.

 

[jasonc]

Can't buy a home or car, unless you have cash to buy upfront.

I didn't buy my house with credit or cash .fha 100 percent financing.

Since you are for a totally cashless society. I must ask if the Only means to.secure is a micro chip ? One will starve as you can't use bit coin without the qr code or transmitted cose.Do you see my case as a phone can be hacked ,but it's much harder to remove a chip.

 

[godsquadgeek]

I didn't buy my house with credit or cash .fha 100 percent financing.

Since you are for a totally cashless society. I must ask if the Only means to.secure is a micro chip ? One will starve as you can't use bit coin without the qr code or transmitted cose.Do you see my case as a phone can be hacked ,but it's much harder to remove a chip.

Financing same exact as credit still borrowing. And no I am not for cashless society. It's just the flow of the world. The dollar will fail, probably under Democrat president.