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Cake day: April 29th, 2025

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  • Germany decommissioned their nuclear plants for being scary with wind apparently being the future despite not having 100% uptime, and then spent a half a trillion dollars trying to generate power when they got cut off from Russia.

    While all this is happening they lower barriers to immigration to depress salaries to try to counteract the inflation they caused, then you wonder why people are turning to the right. If I lived there I’d be miserable as well, these people running the country are incompetent. Trying to ban political the party for anti-immigration and trying to link them to the nazi party and is further idiocy, the party was created when Germany brought in a million poor refugees. If Germany managed integration better it would not even exist, there should just be a cap on country of origin like the US has, Germany does have a culture that is worth attempting to maintain.







  • toastmeister@lemmy.catoPrivacy@lemmy.mlThe Privacy Iceberg
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    14 hours ago

    Well its still early days, Biden was very against Crypto, so point of sales systems couldnt provide it. Companies like Square are now working on it, so you will be able to use it; or any form of cash you want, or fractional shares and gold etf.

    Maybe all currencies will just be forced to compete on inflation one day, and everyone will use the one with the lowest annual growth in new supply.



  • toastmeister@lemmy.catoPrivacy@lemmy.mlThe Privacy Iceberg
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    14 hours ago

    Do you think credit cards are ideal? People happily pay a 4% fee to Visa to buy something at the store, yet you think a spot convert is going to be the death knell?

    As well as the deflation of their currency, as the currency increases at around 10% a year, as you’re praying that a CPI that does hedonic adjustments and substitutions maintains your standard of living; as we go from free range to factory farms, and housing appreciation is excluded entirety.

    Maybe it wont be bitcoin, maybe it will be fractional shares, or spot convert gold, but I am definitely waiting for the day when I can hold 0$ in cash. I’m already near 0, but I’d like to replace it entirely.