I pretty much don't use my local bank anymore. The card I use to turn crypto into fiat I ONLY put enough crypto on there to use as need arises. I keep my crypto on a cold wallet in MY possession.
Yes folks, you had better keep your wealth in YOUR OWN possession.
I haven't ordered a Glint card but that's a good idea to look into. Kinesis for me is the preferred platform though because they pay a yield on balances rather than charging for storage.
One has to wonder why they are able to pay a yield. For bitcoin and others, it is because they are lending it to institutions for them to short the crypto or asset.
Which is the opposite of stability when the banks stop allowing withdrawals. If Kinesis loans out the assets for leverage or shorting, they will likely not be returned in time if institutions get into real economic problems and have to liquidate.
If you wish for yield, stocks like Iron Mountain or USOI are great. IRM was great during 2020 due to the price decrease but I didn't make use of it. NOw it is rather high. USOI is still low with a high monthly yield. I use it instead of JPIE but it is the same cash flow principle. But instead of investing in JP Morgan banks, I am holding oil assets.
Every transaction in Kinesis has a small fee (0.22-0.44%). Most of it goes to Kinesis but a percentage of it goes into the yield pool, which is then divided up and paid to users. There's no lending involved...I would run a mile if there was.
I'll have a look at those names you mentioned, thanks!
Ah I see. That makes more sense now. Microtransactions was used by mmos to bypass the credit middle man charging a lot per 5-10 dollar sub fee. By creating an in house currency, they could allow the selling of 1 dollar, 2 dollar, and 4 dollar items via a micro transaction, without suffering the credit card fees and middle man fees.
With crypto and digital transfer, plus free brokers, things are moving a lot faster now.
There will be quite a lot of fire and instability going on from now on to November.
So I am hedged in PLSLV and SLV call contracts. USOI is paying me a 20% dividend, monthly, via a covered call contract strategy. I am also writing call contracts for my positions in GME and AMC, which pay an extremely high premium.
I did not feel banks were a good choice back when Greg was talking about it in January. I have my own analysis and intuition methods.
IRM will likely take a hit. If you buy 100 stocks, simply sell a call contract past the next dividend quarter (maybe December or next year) at 95-75% in the money. This will hedge almost your entire position and you won't lose value if or when IRM drops 25% due to stock issues. And if it increases, you won't get much out of it, but you will still get the dividend if the short call is not exercised.
What cold storage are you referring to? Your hardwallet?
You can send crypto to Bitrefill to buy gift card codes for Amazon and a lot of other places. They charge no fee....at least they didn't the last time I used it.
You can send crypto to your Bitpay Mastercard debit card, exchange it for fiat in the app, then spend fiat on the debit card like you use your other debit cards.
Gemini app/website can do that via a encrypted transfer to an address, and once they have registered it, you can convert it to fiat there at their exchange rate.
The reason why I don't recommend coinbase or the other one that has interest payments is because they may be over leveraged once the financial systems blow up finally.
Greg, there are government programs for controlling the weather. Owning the Weather by 2025 is one. HARRP, D.E.W. SRM, are all in the black budget. We even have new cloud formations and names because of weather creation. Best open your mind to the topic. What is the basis of the weather derivatives sold thru the Chicago Exchange? Washington state has RCWs concerning weather manipulation. Climate change is BS chatter from people who think they live in sync with nature. They haven't a clue. Love your reports.
Be prepared for essential things we need everyday to be scarce and go parabolic in price. Most take for granted nothing will change and aren’t ready for what’s coming. As cash goes to trash, preparation will help in the chaos.
Glad to see that some of those fine UK folks are taking some action into their own hands. It could still end up as toilet paper at some point, but preferable to letting the beast manage all your affairs. What does it leave when you can't trust fiat 💵? You know. But don't trust others to handle it for you and promise that they have you covered. Don't forget to shop those supplies wisely as well for that "rainy day" ☔ A man or woman isn't an island, which is why you need good friends, real ones preferably.
We've been withdrawing cash from our cabal bank for several months. Today, the teller told me someone just withdrew $15,000. I think folks may be getting it.
I use glint card or rather stash gold in their vaults.
The recent run up in the market was likely due to Rahu Jupiter conjunctions. That ended August 7th. Mars in Taurus August 10th, so another big boost is likely.
But by September first week, mercury will go retrograde, which tends to crash tech stocks.
I pretty much don't use my local bank anymore. The card I use to turn crypto into fiat I ONLY put enough crypto on there to use as need arises. I keep my crypto on a cold wallet in MY possession.
Yes folks, you had better keep your wealth in YOUR OWN possession.
I plan on doing similar with gold and silver once Kinesis launches their debit cards.
Glint card not usable for you?
I haven't ordered a Glint card but that's a good idea to look into. Kinesis for me is the preferred platform though because they pay a yield on balances rather than charging for storage.
One has to wonder why they are able to pay a yield. For bitcoin and others, it is because they are lending it to institutions for them to short the crypto or asset.
Which is the opposite of stability when the banks stop allowing withdrawals. If Kinesis loans out the assets for leverage or shorting, they will likely not be returned in time if institutions get into real economic problems and have to liquidate.
If you wish for yield, stocks like Iron Mountain or USOI are great. IRM was great during 2020 due to the price decrease but I didn't make use of it. NOw it is rather high. USOI is still low with a high monthly yield. I use it instead of JPIE but it is the same cash flow principle. But instead of investing in JP Morgan banks, I am holding oil assets.
Every transaction in Kinesis has a small fee (0.22-0.44%). Most of it goes to Kinesis but a percentage of it goes into the yield pool, which is then divided up and paid to users. There's no lending involved...I would run a mile if there was.
I'll have a look at those names you mentioned, thanks!
Ah I see. That makes more sense now. Microtransactions was used by mmos to bypass the credit middle man charging a lot per 5-10 dollar sub fee. By creating an in house currency, they could allow the selling of 1 dollar, 2 dollar, and 4 dollar items via a micro transaction, without suffering the credit card fees and middle man fees.
With crypto and digital transfer, plus free brokers, things are moving a lot faster now.
https://www.youtube.com/watch?v=jyE0ffADwO4&t=1s
There will be quite a lot of fire and instability going on from now on to November.
So I am hedged in PLSLV and SLV call contracts. USOI is paying me a 20% dividend, monthly, via a covered call contract strategy. I am also writing call contracts for my positions in GME and AMC, which pay an extremely high premium.
I did not feel banks were a good choice back when Greg was talking about it in January. I have my own analysis and intuition methods.
IRM will likely take a hit. If you buy 100 stocks, simply sell a call contract past the next dividend quarter (maybe December or next year) at 95-75% in the money. This will hedge almost your entire position and you won't lose value if or when IRM drops 25% due to stock issues. And if it increases, you won't get much out of it, but you will still get the dividend if the short call is not exercised.
I have a little crypto in cold storage. What do you use to convert your crypto into fiat?
I was wondering about that when I stored on my hard wallet.
What cold storage are you referring to? Your hardwallet?
You can send crypto to Bitrefill to buy gift card codes for Amazon and a lot of other places. They charge no fee....at least they didn't the last time I used it.
You can send crypto to your Bitpay Mastercard debit card, exchange it for fiat in the app, then spend fiat on the debit card like you use your other debit cards.
It's on Trezor
Good.
The only crypto I keep off my hardwallet, like on exchanges, is the crypto I'm willing to lose.
As long as you keep the bulk of your crypto on your Trezor you're fine. 👍🤗👏😃
thanks for your input.
Gemini app/website can do that via a encrypted transfer to an address, and once they have registered it, you can convert it to fiat there at their exchange rate.
The reason why I don't recommend coinbase or the other one that has interest payments is because they may be over leveraged once the financial systems blow up finally.
Greg, there are government programs for controlling the weather. Owning the Weather by 2025 is one. HARRP, D.E.W. SRM, are all in the black budget. We even have new cloud formations and names because of weather creation. Best open your mind to the topic. What is the basis of the weather derivatives sold thru the Chicago Exchange? Washington state has RCWs concerning weather manipulation. Climate change is BS chatter from people who think they live in sync with nature. They haven't a clue. Love your reports.
Be prepared for essential things we need everyday to be scarce and go parabolic in price. Most take for granted nothing will change and aren’t ready for what’s coming. As cash goes to trash, preparation will help in the chaos.
Whatever fiat I haven't converted into OTHER assets is drawn down the practical minimum. Starve the parasite.
Glad to see that some of those fine UK folks are taking some action into their own hands. It could still end up as toilet paper at some point, but preferable to letting the beast manage all your affairs. What does it leave when you can't trust fiat 💵? You know. But don't trust others to handle it for you and promise that they have you covered. Don't forget to shop those supplies wisely as well for that "rainy day" ☔ A man or woman isn't an island, which is why you need good friends, real ones preferably.
https://www.youtube.com/watch?v=x2CwvxuM4gk Patrick Moore shoots athiest attenborough lies down. Original founder of greenpeace, got out when the rot set in.
We've been withdrawing cash from our cabal bank for several months. Today, the teller told me someone just withdrew $15,000. I think folks may be getting it.
https://www.bbc.com/news/business-62437819.amp
Sorry this story is not being represented correctly
Check this out:
https://twitter.com/mikesay98/status/1556689979354411008?s=20&t=GpqibRaVdVvwobSZz9fj8w
Got quite a bit of physical silver now.
Crypto controlled by Jesuits. Take note.
https://youtube.com/shorts/dcsArctjzrM?feature=share
🤣😂🤣🤣🤣 dumb people
I use glint card or rather stash gold in their vaults.
The recent run up in the market was likely due to Rahu Jupiter conjunctions. That ended August 7th. Mars in Taurus August 10th, so another big boost is likely.
But by September first week, mercury will go retrograde, which tends to crash tech stocks.
Been stacking G/S and fiat for a long time, to bad I cant hide my cash in the stock market and money market in schwab.
How did your trailer park's chili & meth cook off go this weekend? Sounds like you are partaking early this morning
Dude, wtf is your problem with her?
You Jackass!
Damn Jerry, a little early for being a Dick?
I would expect that from trumpHell666
<<<Damn Jerry, a little early for being a Dick?
I would expect that from trumpHell666>>>
Not me. I'm an angel 😇 👼 😃
Eeeeeeeheheheheheee 🤣😂😀😁😃🤣🤣
LOL
Would you like a visit? I am authorized by God to provide you this free service this morning.
He definitely has some insecurity issues and a weird fixation on you...
You are quite right. Their spiritual immaturity will lead to their suffering, and those who tie themselves in a relationship to such.
https://lawofone.info/
I hope you aren’t jerry hating on me in disguise I never attack anyone on here .
That's WaveRider Brook.
If an individual is talking about "King Dollar" it's GUARANTEED to be WaveRider.
Hahahahahaha 😁🤣🤣😂😸🥳😸🤗🤣
as compensation, you will not have dollars.