Bitcoin as a inflation hedge is a meme that takes 5 seconds to see has no basis in reality. During historic inflation in the US, Bitcoin the inflation protector is.. -40% against the USD in the last 6 months.
At least Gold is up 4% on the 6 month so that’s a small hedge.
That’s assuming that you have significant money to put into savings. Most people live paycheck to paycheck so that will only protect 5% of their income that they can spare to put away. Ideally you could get paid in a stable currency
They’re getting a large part of the brain drain from Russia. I’m not sure if those people are planning on staying and starting businesses or looking to continue on to EU for higher salaries
If you have a house or a place to install them then something like solar panels in Turkey would be a great investment as it generates income (or at least cancels out future expenses )
I’m not sure. How will the government make the recovery short when inflation is still at 8%? They can’t QE to kick the can down the road in this environment without making inflation 10+%
I wouldn’t be surprised if we just go sideways for a year or two in the market as fed tries to balance inflation and growth to get out of the Covid bubble without a disaster
Boring old legacy automakers are starting to eat their pie I bet. Self driving is their stated advantage but that’s still unknown if or when it’ll work well enough for general use. Meanwhile Ford and VW and one day Toyota will figure out how to build the much simpler cars (compared to gas ones) and undercut with better prices
I don’t think Tesla needs any illusion though. Their product Sells like hotcakes. Of course the stock is still crazy valued so it’s not sustainable to keep this valuation
I don’t see how this is any worse than the “ICO” craze a few years ago. Probably 99% of those scams are now dead. Rumors about crypto’s death are always greatly exaggerated
In (most?) building this would also mean replacing the HVAC system and ducts which would take months-years and close the building down for the maintenance period. I’m really not sure what the pitch is realistically.
I got nauseous after a few hours of Half Life Alyx. Until then my test was going smoothly. I would imagine most games where you can move freely would be fairly bad for me. I even took a Dramamine to try to play some more which worked but wasn’t something I’d want to do often
I had a Quest 2 and honestly thought it was at it best when I was lying down and watching videos in bed on a huge screen. All the other use cases I just didn’t have a good space for
It’s no wonder it was hyped. Even I held ARKF for a little bit when I saw the +150% YoY returns and started feeling fomo. Thankfully I soon realized they had ran out of gas at the end of last year and moved to safer funds
Sure but thinking that the American people don’t implode if the stores are empty and you’re sent a bag of corn every month for your calories is also not realistic.
I would mainly blame capitalism and globalization. It’s very hard to stick to your principles when you can get everything for a 10th of the price/effort from Walmart. It’s also completely impossible to be self reliant in any mid sized or bigger metro area because you just don’t have enough land to produce food and energy.
Interesting because the taxi business had all that figured out already. It was a profitable business and drivers stuck around for decades. Does Uber have too much overhead to ever be profitable?
If you want that kind of analysis I’m sure I could come up with one for all the things you mentioned. Music “counterculture” doesn’t really hold any special properties that other types of media can’t. Goth was basically just saying that it’s ok to be a sad teenager or it’s modern Xanax driven branches that say it’s ok to be numb. I don’t really see a difference in depth between let’s say liking violent video games as an outlet or choosing to smoke weed and play vidya in opposition to putting on a suit and getting a real job. Most cultures don’t really have a deep philosophical root - like the anti-war movement did.
Tech also has a lot of counterculture still remaining - open source being a notable one
In some areas I care about like gaming, the counter culture is as good as it’s ever been. So many of my top ten games of all time have been indie titles from the last 5 years. Disco Elysium, Slay the Spire, Edith Finch, Outer Worlds, Inscryption, Vampire Survivor. Just an almost unprecedented level of innovation in gameplay and storytelling and that’s just scratching the surface of a few sub genres I personally enjoy