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Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.

Old Fart Alert

creepycougcreepycoug Member Posts: 23,599
edited May 2022 in Tug Tavern
And no, not @RaceBannon ...




@backthepack true?
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  • creepycougcreepycoug Member Posts: 23,599
    Thud? Who made this place so serious?
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  • BleachedAnusDawgBleachedAnusDawg Member Posts: 11,884
    If a guy like that hates it, I like it.
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  • HoustonHuskyHoustonHusky Member Posts: 5,992
    He’s right, but the rest of the world is upside down so don’t know why they should single out crypto. After all, the Fed is expected to print $450 billion in dollars out of thin air in the second quarter alone...other than being less energy intensive not sure how that it much different.
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  • 1to392831weretaken1to392831weretaken Member, Swaye's Wigwam Posts: 7,674 Swaye's Wigwam
    HoustonHusky said:

    He’s right, but the rest of the world is upside down so don’t know why they should single out crypto. After all, the Fed is expected to print $450 billion in dollars out of thin air in the second quarter alone...other than being less energy intensive not sure how that it much different.

    Other than that, Mrs. Lincoln, how was the play?...
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  • HoustonHuskyHoustonHusky Member Posts: 5,992
    edited May 2021
    1to392831weretaken said:

    HoustonHusky said:

    He’s right, but the rest of the world is upside down so don’t know why they should single out crypto. After all, the Fed is expected to print $450 billion in dollars out of thin air in the second quarter alone...other than being less energy intensive not sure how that it much different.

    Other than that, Mrs. Lincoln, how was the play?...
    Energy is heading for a crisis, but I’m a contrarian on it. Problem is there is too much of it and it’s getting too cheap...causes all sorts of problems. Read something over the weekend that said much the same (always like reading things that agree with my personal thesis)...I’ll see if I can find it and post it.
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  • PurpleThrobberPurpleThrobber Member Posts: 44,674 Standard Supporter
    edited May 2021
    Buffet is going all in on crypto if Charlie is playing his contrarian shill bullshit like always.

    By the time they have to report, nobody remembers this old man scam.

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  • 1to392831weretaken1to392831weretaken Member, Swaye's Wigwam Posts: 7,674 Swaye's Wigwam
    HoustonHusky said:

    1to392831weretaken said:

    HoustonHusky said:

    He’s right, but the rest of the world is upside down so don’t know why they should single out crypto. After all, the Fed is expected to print $450 billion in dollars out of thin air in the second quarter alone...other than being less energy intensive not sure how that it much different.

    Other than that, Mrs. Lincoln, how was the play?...
    Energy is heading for a crisis, but I’m a contrarian on it. Problem is there is too much of it and it’s getting too cheap...causes all sorts of problems. Read something over the weekend that said much the same (always like reading things that agree with my personal thesis)...I’ll see if I can find it and post it.
    Energy consumption has the exact same impact on the environment whether it's expensive or cheap. Bitcoin is like a currency exchange that is very arbitrarily indexed to the size and intensity of every participant's tire fire.
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  • HoustonHuskyHoustonHusky Member Posts: 5,992
    edited May 2021
    1to392831weretaken said:

    HoustonHusky said:

    1to392831weretaken said:

    HoustonHusky said:

    He’s right, but the rest of the world is upside down so don’t know why they should single out crypto. After all, the Fed is expected to print $450 billion in dollars out of thin air in the second quarter alone...other than being less energy intensive not sure how that it much different.

    Other than that, Mrs. Lincoln, how was the play?...
    Energy is heading for a crisis, but I’m a contrarian on it. Problem is there is too much of it and it’s getting too cheap...causes all sorts of problems. Read something over the weekend that said much the same (always like reading things that agree with my personal thesis)...I’ll see if I can find it and post it.
    Energy consumption has the exact same impact on the environment whether it's expensive or cheap. Bitcoin is like a currency exchange that is very arbitrarily indexed to the size and intensity of every participant's tire fire.
    2 different discussions here. You are talking environmental impact, which we can have but have a feeling we would be 180 degrees apart on.

    I'm talking sheer cost of energy, which has been steadily decreasing for many years and in doing so can both lead to insanity in how to use is (bitcoin as a good example) and long-term destabilization (Mideast with less $$$ coming in, renewables which are not steady but have basically a $0 incremental cost to supply and screw with on-demand sources like natural gas leading to volatility and short-term shortages ala California and recent Texas grid issues, etc. etc....)

    Here is the article I read last week...its a bit out there but has some good points...
    https://www.zerohedge.com/energy/energy-crisis-no-one-talking-about
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