Recent Content by Sig

  1. A record 4.3 million workers quit their jobs in August

    Actually Walmart is one of the most sought after employers for truckers. They pay their truckers very well (starting at $86,000/year) with...
    Post by: Sig, Feb 1, 2022 in forum: Economics

  2. Lumber

    How closely are those companies correlated to futures prices? The unique thing about lumber compared to other commodities is that you can leave...
    Post by: Sig, Jan 27, 2022 in forum: Commodity Futures

  3. El Salvador hopes to becomes the world’s first country to adopt bitcoin as legal tender

    You're right in some respects. But as you can probably tell I'm all about pragmatism over idealism. While a trusted centralized authority could do...
    Post by: Sig, Jan 25, 2022 in forum: Crypto Assets

  4. El Salvador hopes to becomes the world’s first country to adopt bitcoin as legal tender

    Only if they used power that came from a nuclear plant with a few $B in cost overruns that were being passed on to ratepayers:D
    Post by: Sig, Jan 25, 2022 in forum: Crypto Assets

  5. El Salvador hopes to becomes the world’s first country to adopt bitcoin as legal tender

    There's a great concept in the world of finance called risk adjusted return. To simplify it, the guy in El Salvador making the average income of...
    Post by: Sig, Jan 24, 2022 in forum: Crypto Assets

  6. El Salvador hopes to becomes the world’s first country to adopt bitcoin as legal tender

    The UK project is exactly what I was thinking about. I have a classmate who is working on something different but in that same space. Realtybits...
    Post by: Sig, Jan 24, 2022 in forum: Crypto Assets

  7. El Salvador hopes to becomes the world’s first country to adopt bitcoin as legal tender

    Sure, basically using blockchain to record ownership of things that change hands besides currency, which at the end of the day is really what...
    Post by: Sig, Jan 24, 2022 in forum: Crypto Assets

  8. El Salvador hopes to becomes the world’s first country to adopt bitcoin as legal tender

    Listen, you're talking about increasing the energy production of the entire world by 50%! I don't know how many more times or ways I have to...
    Post by: Sig, Jan 24, 2022 in forum: Crypto Assets

  9. El Salvador hopes to becomes the world’s first country to adopt bitcoin as legal tender

    As I pointed out, to the guy in El Salvador or really anyone anywhere who has the purchasing power of their currency vary by 40% in 3 months in...
    Post by: Sig, Jan 21, 2022 in forum: Crypto Assets

  10. El Salvador hopes to becomes the world’s first country to adopt bitcoin as legal tender

    When I am an El Salvadoran and my entire income could buy 10 lbs of rice in November and 5.6 lbs of rice in January, your protestations that there...
    Post by: Sig, Jan 21, 2022 in forum: Crypto Assets

  11. El Salvador hopes to becomes the world’s first country to adopt bitcoin as legal tender

    You clearly disapprove of the U.S. currency, despite the fact that a dollar today can buy you pretty close to what a dollar could buy you this...
    Post by: Sig, Jan 21, 2022 in forum: Crypto Assets

  12. El Salvador hopes to becomes the world’s first country to adopt bitcoin as legal tender

    No-one in the remittance community is worried in the slightest about trusted intermediaries. That's a first-world problem cited by people who...
    Post by: Sig, Jan 21, 2022 in forum: Crypto Assets

  13. El Salvador hopes to becomes the world’s first country to adopt bitcoin as legal tender

    It wasn't my impression that the travel wasn't included in part of the percentage transaction cost, that was just an extra bonus potential...
    Post by: Sig, Jan 21, 2022 in forum: Crypto Assets

  14. El Salvador hopes to becomes the world’s first country to adopt bitcoin as legal tender

    My impression was always that this was a bright shiny object he could distract everyone with in order to avoid the hard real work of tackling...
    Post by: Sig, Jan 21, 2022 in forum: Crypto Assets

  15. El Salvador hopes to becomes the world’s first country to adopt bitcoin as legal tender

    So it turns out that in practice it costs an El Salvadorian 4X as much to repatriate funds using the Bitcoin as it did using existing means. Oh,...
    Post by: Sig, Jan 21, 2022 in forum: Crypto Assets