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zipdog

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  1. The future of governmental fiat currency is digital there is no doubt about this. The future of cash is limited. The future alternative to cash is Bitcoin.
  2. I wouldn’t by a 525. I have one and the chambers rust like mad. It has become a well know issue with them.
  3. HW99 is by far better than the Gamo but as clangerman has said they do have galling issues, which they seem unable to get right. I was faced with this very dilemma, my 20 year old, Birmingham made, Webley Exocet finally gave up the go and all I wanted was something solid, no frills and in the £200 mark. It was impossible to find, everything is junk made in Spain that won’t last 2 years. After much deliberating I paid the extra for a HW97 and I haven’t looked back. The rifle is well build, very accurate and will certainly last me another 20 years I’m sure.
  4. Very much doubt that will work with modern speeding cameras. They don’t use flash anymore.
  5. If anyone wants and lateral flow tests you can get them free from here. https://www.gov.uk/order-coronavirus-rapid-lateral-flow-tests
  6. zipdog

    Card only sales.

    Finite supply but one Bitcoin can be divided into many multiples called Satoshi’s. The Satoshi is currently the smallest unit of currency in Bitcoin worth 0.00000001 of a Bitcoin. I don’t think anyone needs to worry yet about upgrading that protocol. If you think other cryptocurrencies are more stable and better than Bitcoin I’m not going to argue. Who knows what the future holds. But having been very actively involved and worked in this space, with a few limited exceptions, the only one I still see long term value in is Bitcoin. To answer your last question! Yes currency is a means of exchange for goods or service, that is all it is. There are lots of interesting books on this. Once you scratch the surface it is truly fascinating. Elon has manipulated the market to a degree but he has lost his influence as quickly as it was gained. Do you think the average man in Venezuela or El Salvador has any idea who Elon is? Easy come easy go as they say!
  7. zipdog

    Card only sales.

    I am saying it would be advantageous to have some cash and Bitcoin in that economic environment certainly. People are under the illusion that you put your money in a bank for safe keeping. You don’t. You lend your money to a bank for them to lend out. In return they pay you interest. If the banks run out of money you wont be able to withdraw your funds. There is zero chance of this happening with either cash or Bitcoin. As above I think Bitcoin will perform well under those market conditions. Very rude yes. How much money have you got in your bank account? That is a rude question! I see the value in Bitcoin as a way of exchanging value, without a third party, once cash disappears, and cash will disappear unfortunetly. It is the idea and principle that is important, not someones net worth. Your statement is correct. Unfortunately most will lose their money. Bitcoin is not a get rich quick scheme either. Its a tool to be used by people who see the value in not being reliant on third parties to either store or act as intermediaries when they wish to transact their wealth. Along with people who see the value in not being full exposed to unlimited government backed fiat currencies.
  8. zipdog

    Card only sales.

    You talk about financial sense, and this is a rhetorical question I am not expecting you to answer. What percentage of your money can you instantly access right now without replying on a third party. Probably only the small amount of loose change you have kicking about. To me this doesn’t sound very financially safe to me! People are quick to forget recessions. People queuing up outside banks to try to get their money out before they go bust!
  9. zipdog

    Card only sales.

    Lloyd, the topic is around using cash as a form of currency. Cash has a place in this world because it is not reliant on a third party to process the transaction, like a bank. Some people see value in this. The problem with using cash is, unless you spend it quickly, its purchasing power diminishes over time due to government printing. Bitcoin provides an alternative payment method for people who want to transact money without reliance on a third party, and while still in its infancy, its purchasing power, due to many factors, seems to increase over time. While other investments may be better than cash or Bitcoin in terms of yield generation. They also have disadvantages, such as your money may be illiquid or you have to trust a third party to look after it for you....2008!!! 'How much do I personally have invested'...... this is a rather rude question but I keep some money in the bank as its easy to use in daily life, I have some money invested in isa’s as they offers reasonable returns, I have some money in cash in case for whatever reason the electrical world fails and yes some in Bitcoin, in case the fiat world fails. They all have their own advantages. ‘Good luck paying your Tesco shopping bill with Bitcoin’...... I can do exactly this now if I wanted to. There are payment companies that facilitate this. One example that maybe more relatable is Tally. Tally allow me to keep my money in physical gold. I have a Tally card that’s accepted everywhere, then wherever I am in the world, I pay for what I want and my money is automatically converted from gold into whatever the local currency is!
  10. zipdog

    Card only sales.

    To keep it simple I will use new money. The average price of a pint in 2000 was £1.97 The average price of a pint in 2020 was £3.73 That's a 90% increase in price. So lets say I wish to use cash, I work hard, declare and pay my tax, and have some rainy day savings which I keep slowly adding to under my floorboards. Due to government spending and an ever increasing circulating supply I need to add anywhere from 4-10% a year just to stay in the same position. So what’s the point in saving? You're money is only going to be worth less in the future and the price of what you want to buy will have increased. This is what is wrong with our society and why this consumer culture has boomed.
  11. zipdog

    Card only sales.

    While Bitcoin is volatile in the short term, true. Its long term trend due to use cases and halving design is to increase in value. If you had paid me £20k in cash 3 years ago, due to inflation, it would have less purchasing power today. The purchasing power of Bitcoin has increased. The government, can and does, print as much cash as they like. And with every note they print those in the circulating supply decrease in value. There can only ever be 21 million Bitcoins.
  12. zipdog

    Card only sales.

    Only the ones you get on Saturdays, I don’t get time in the week 🤣. They are rather like all the other spam emails and bogus websites. Scams happen in every environment. The internet has facilitated more scams than anything in history. But we also recognise its advantages, and they far outweigh a few idiots losing some money!
  13. zipdog

    Card only sales.

    But you ‘cash bitcoin in’ for an equal service. Cash works exactly the same way. It just rotates though society in exchanges for goods. You cut my lawn and I will pay you £10 cash, the person receiving it then pays the window cleaner, who then buys a pint in the local etc. The point of cash or bitcoin isn’t to avoid taxation, we are all liable for taxation however we do business. But with cash or Bitcoin the transaction of that money is decentralised, and to a degree, (numbers on bank notes, bitcoins ledger), at large anonymous. I predict over the next 30 years cash will get harder to exchange for goods and Bitcoin will get easier!
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