It’s no secret that I love Bitcoin and have a deep fascination with the entire ecosystem of cryptocurrency. That love affair goes back to working with alternative currencies and barter systems in the 1990s and then extends through the 2000’s as I learned about the possibilities of using digital currencies to disempower banks, corporations, and governments.
In 2017, I jumped into the swirling maelstrom of digital money and began learning everything I could about the good, the bad, and the ugly of Bitcoin and the thousands of digital ‘altcoins’ that exist alongside it. In early 2018, I decided to get as deep into this underbelly as I could by finding a project, joining a team, and building a crypto token.
This is the narrative of that journey. I joined the ‘Lupecoin Project’ first as a supporter and then as a co-founder. Together we built a community, created a token, and shared a vision. There was good, there was bad, and there was ugly. I don’t want to mislead anyone – none of us were deep in the muck – we weren’t doing scam ICOs, ripping off supporters, or figuring out how to steal millions of dollars. We weren’t buying and selling sex workers, drugs, and murder on the famous Silk Road. In fact, we were just a bunch of pretty nice guys trying to build something we thought might make the world a better place – and failing miserably at it.
In Crypto Confidential, my goal is to teach the reader as much as I can about cryptocurrency, Bitcoin, blockchain, and the bizarre communities surrounding this cool technology. After reading this book, the reader will have a much clearer understanding of why blockchain and crypto are among the most important and revolutionary technologies today. In addition, the reader will learn about the bizarre history of Bitcoin and what Ethereum, and altcoins are. Along the way, the reader will be informed about the many scammers, scams, ripoffs, and strange personalities that live in the crypto underbelly.
As a geek, a sci-fi lover, a futurist, a technology lover, a person with a fascination for humans and what makes us tick, and an investor – I am constantly on the lookout for what the next big thing, the next big disruption, or the next human-culture shattering event may be – so reading Shaping the Industrial Revolution by Klaus Schwab was a no brainer.
Klaus Schwab is the Founder and Chairman of the World Economic Forum. He wrote a book in 2016 called the Fourth Industrial Revolution – which was one ofthe first books to clearly show just how sudden, powerful, and life chainging the technology we see around us every day is. We are in the midst of the most dramatic change our species has ever encountered. To put things in perspective – let’s take a step way back. This summary is not in the book but is helpful for understanding it.
The Agricultural Revolution (12,000 years ago) turned our species from nomadic hunter gatherers to farmers and allowed for massive population growth. The Scientific Revolution (500 years ago) gave us the tools to study and change the world around us based on what we learned. The First Industrial Revolution (200 years ago) opened the world up to us and allowed us to explore, settle, and kill each other on scales never seen before. The Second Agricultural Revolution (100 years ago) allowed for mass production of food and huge expansion of population. The Second Industrial Revolution (100 years ago) gave us mass manufacturing and electricity. The Third Industrial Revolution (50 years ago) gave us computer, semi-conductors, and the internet. The Fourth Industrial Revolution (now) is changing everything across every aspect of our lives. Schwab’s book identifies the following as being the key technologies of the new world we are entering.
1) Extended Digital Tech including quantum computing, blockchain and distributed ledger tech, the internet of things, and big data crunching algorithms.
2) Changing the Physical World with artificial intelligence and robotics using advanced materials, 3-D printing, and and drones.
3) Alteration of Human Beings through biotechnologies, neurotechnologies, and through virtual and augmented realities.
4) Integrating our environment through clean energy, storage and transmission. Also geo-engineering on both Earth and other planets as well as space technology itself.
After reading this book – it becomes clear that the most immediate threat is that of social upheaval as the need for human workers becomes less through automation, artificial intelligence, and (to some extent) the problem of what to do with all the people who will be using up the resources of the planet. The intent of this book was to both show the coming technology and to let stakeholders know what they can do to make sure that the future is based on a human rights framework that has important human values built into it. We are moving very quickly and the ground we are covering is totally uncharted. We will make many mistakes. Schwab is trying to help us make less of them.
This book dovetailed nicely after reading Andrew Yang’s The War on Normal People – one thing is for sure. Automation is coming and your job is probably not going to last very much longer – no matter what your job is. We are all walking around with super computers in our pockets that are recording data all the time – that data is being used for many purposes. The way that data is used and sorted is key to what happens to us in the future – there are positive and negative outcomes attached to that. Blockchain is much more than jsut cryptocurrency and Bitcoin – it is a revolutionary tech that will change the way business gets done. In fact, it already is. The internet of things on the other hand is one of the ways that our pocket super computers and the quantum computers of the future will be gathering data about us and making decisions for us. Our shoes, clothing, cookware, and more will be gathering data – not just our phones, TVs, cars, and refrigerators.
I was pretty aware of automation technology in the form of robots and A.I. The idea of advanced materials and automated 3-D printing sort of blew my mind, however. Imagine every city or every house having a Star Trek style fabricator where you simply say ‘computer make a pork chop’ or ‘computer make a picture hook’ or ‘computer make a new part for my VW van’ and it either appears in the 3-D printer several minutes later or arrives by drone a few hours later. Not science fiction any longer. It’s happening and it is eliminating the need for warehouses, trucks and truckers, and stores on a massive scale.
The next section on biotechnology, neurotechnology and altered realities also was a bit of an eye opener. Essentially, I’ve been thinking of gene editing for a while now as a way to cure disease and fix our problems – I’ve read about the ideas of giving us new abilities and physical features but never really considered it viable – now though – these things are happening. The biggest opportunity/threat here is the integration of our minds/bodies with advanced A.I and robotics – we will, very shortly – almost certainly stop being humans as we have been. We will be something different. The perfection of artificial and augmented realities will also expand our world to horizons far beyond what that of Columbus and the colonization of the Americas did.
Finally, there are the ways we are changing the planet and our opportunities in space. We are and have been for a long time – destroying our evnvironment, wiping out the biodiversity of the planet, and giving ourselves the illusion of wealth while we destroy the only true wealth we have. The advent of the fourth industrial revolution has given us tools for accelerating this process or alternatively for reversing it. In addition the death of fossil fuels and the birth of clean, renewable energy are opportunties that can make the world a better place or a worse one. Finally, there is the development of space which the book touches on a little bit.
I bought this book to learn more about the technologies. It covered that but mostly the book was about what we as individuals, companies, governments, or individuals can do to deal with the change and to help bring it about in a way that benefits human values. I appreciated this information. I recommend that anyone read this book – it’s readable but not easy or particularly fun. It will educate you. It was compiled from over 200 individuals contributing information over an 18 month period.
I know this week in the stock and crypto markets has been difficult for many people. I’m not one of them. My stock portfolio and my crypto portfolio both lost quite a bit of value over the past month – this week was more of the same. I feel good about every decision I made this week – with one exception – after taking sharp declines in my shares of TVIX, I sold a little above break even and missed 80% growth the past two days…in this case, I let my fear of losses outweigh my desire for gains. And, let’s be honest – I was drinking the kool-ade, I was mostly believing the narrative that the markets would simply keep going up and up and that the crash would come sometime in late 2019 or 2020.
The pullback hit a lot of the rising tech stars of 2018 the hardest. Yext, AMD, Square – along with some old favorites like Ali Baba, Amazon, Google, Netflix. Oddly, Tesla didn’t suffer much, maybe because a bottom was already in. McDonalds and Starbucks both weathered the storm nicely, with both companies actually taking gains in a sea of red. Gene editing, industrial automation, electric self-driving cars, and marijuana stocks all took hard hits.
With all the blood in the equity markets, I thought cryptocurrencies might stage a rally but there was some news timed just right – Gemini, the crypto giant created by the Winklevoss Twins, was denied their bitcoin ETF, again by the SEC. So, crypto dropped significantly.
At this point, I”m grateful to crypotcurrency for making me a better investor. Yes, my investments are down by large margins compared to a year ago, but bitcoin and alt-coin losses have made it possible for me to suffer 20% losses (or 90% losses) and not lose my head. I’ve seen the massive volatility, the rise and fall of shares and all of that has brought me back to the fundamentals. Invest in companies for the long term. Find quality companies with quality management. Watch for buying opportunities. Let winners run. Ditch losers early. Take profits when you can.
The hardest part of this week was controlling the urge to cash in my savings and invest it in more shares of Amazon, Square, AliBaba, and Yext. I’m still bullish on IBM, but sold most of my shares a few weeks ago at the highs. My investing goal right now is to take enough profits to step out of my margin account. This week demonstrated the danger of margin – luckily, I avoided a margin call, but essentially a margin call would have meant 2x the loss.
I’m still drinking the Kool-Ade, by the way. I think the markets are going to rally through the next 12 months with a couple little down turns. I’m hopeful that we’ll see a bitcoin/crypto rally in the next few months as well. The market is going to come down – but the policy makers have enough control at the moment to keep it bouncing back. The range on that is narrowing, however.
My strategy moving forward is to continue scooping up quality companies at bargain prices. I don’t think that Amazon, IBM, Editas, AliBaba, or Square are going anywhere but up from this point. I’m calling this the AIEAS strategy. I live near the town of AIEA, Hawaii. It’s the only U.S. city with no consonants.
For my consonants, my crypto strategy. Bitcoin (BTC), Cardano(ADA), Litecoin(LTC), Digibyte (DGB), Ethereum Classic (ETC), and Ripple (XRP) – or BALDER.
I’m not a classic conspiracy theorist, but I do think that there are great powers pulling the strings behind the scenes. We see some of what they are doing, but most of it is obfuscated. I believe that this past week was a test balloon to see how markets would react and what they could make them do. Yes, rising interest rates, yield curve, inflation, and more were at play – but the bottom line is – nobody that I’ve heard or read, has given a compelling arguement for why this massive crash happened – there was no obvious catalyst. More crashes will come and more bull runs. The invisible hand is at play here. We don’t know what it is heading towards, why it is making the moves it is making, or when they will happen – only that they will happen.
So, my AIEAS BALDER strategy is designed with that in mind. Quality companies and crypto projects. The bulk of my investment will be in Bitcoin and Amazon. They aren’t pure safehavens, but they are the best we have at the moment.
We have officially entered a September that no one saw coming. The entire cryptocurrency market is in a serious bloodbath with Ethereum taking the hardest hits. The Tech sector of the stock markets (along with the continued bleeding of emerging markets) are getting pummelled. The core of the US Government, the White House and the US Presidency have been bombed by a New York Times anonymous editorial that tells us that not only is Trump bat shit crazy and as badly informed about world events as a fifth grader – but that there is also a cadre of people he thought were loyalists who are actively working against his bad ideas and protecting us from within.
Knowing Trump, this means he is about to go on an insane witchhunt and start beheading his minions on the least cause. The US government is going to be shaken by this – even more than it already is. Meanwhile a senate confirmation hearing for a young, dangerous, and authoritarian leaning Supreme Court judge is underway at the same time as hearings on social media giants are being grilled about Russian meddling in US elections.
The markets are in turmoil already and the worst is yet to come. Trump is just getting started on the crazy train. Knowing that there are people working against him is going to take him further over the edge. Bad decisions will follow.
The worst part of it is that given what we already know about the Russian meddling in the US election – he shouldn’t have been allowed to run in the first place – but since he has been in office, he has completely reshaped the US judiciary, the tax code, and more in ways that cannot be reversed. The damage has already been done and frankly, I don’t really see a way back from the precipice. Authoritarianism looms large in the US future.
The stage has been set for a massive financial collapse. I’m not saying that it is coming today or tomorrow or next week or even next year – because the masters of finance have become very good at juggling the bills back and forth. But the bill is going to have to be paid. At the moment, we are like a bad credit risk with fifteen credit cards who is using balance transfers and cash advances to keep the bill collector from coming. As long as they keep issuing him new credit cards, he can keep up appearances. The U.S. is this person. The U.S. markets are the balancing act.
In terms of the cryptomarkets and the stock markets – if I had more money, I would put it into both. I would watch top companies like Apple, Netflix, Amazon and IBM take nosedives and I would do my best to catch those falling knives. One thing for sure, I would stay away from bank stocks right now. I would stay away from car companies and luxury brands. I would stay away from real estate and I would stay away from anything that needs a booming economy to survive. Staple foods, dollar stores, bargain markets, and things that people won’t do without. And, since you know me – you know that I would also put money in Bitcoin, Litecoin, Digibyte and I’m taking a chance on this one but Ethereum Classic.
I think that Ethereum is on it’s last legs – it’s already dropped more than 20% in the past day. Regulation and attacks from all sides have beaten it down to the point that it may not recover. It will bring thousands of tokens down with it. I’m not rooting for this – but it seems to be happening and I can see more ways for it to fail than to succeed.
If Ethereum does fail, something will move into it’s place. Ethereum Classic ($ETC), Tron ($TRX), Neo ($NEO), Stellar ($XLM), EOS ($EOS), and when it is completed Cardano ($ADA) all offer platforms which could replace Ethereum – or maybe it will be something else entirely. Nobody knows.
That’s the thing with the crypto space, nobody really knows what it will do – it’s a brand new frontier and there are no rules, there are no precedents. Because of that, there are also big uncertainties in traditional finance and banking and big uncertainties in politics which arise from that. Throw all of that into the pot with Trump, trade wars, nuclear disarmament talks, Chinese global expansion, and more and what you have is a big messy September.
I hate to say it – but Gold and Silver are probably the safest bets right now. Not the most profitable, but the most stable.
It was a good day to be in cryptocurrency today. Bitcoin took off this morning, for reasons that are not altogehter clear and it brought it’s hundred closest friends and nearly every other coin or token with it. My personal opinion is that the disgusting and shameful performance of the U.S. President in Europe with former U.S. allies and strongman Vladmir Putin shook the faith of big institutions in the USD and traditional currency markets. There could be a lot of other reasons – but essentially, money is moving to Bitcoin and crypto (as predicted) with loss of faith in the U.S. as a stable democracy promoting the interests of the ‘free’ world.
The long and short of it is that starting at about 8 am, BTC jumped from $6700 to $7300 and the movement upwards has not stopped – as I write, getting closer to $7500 – a jump of nearly 11% in less than 12 hours. Which is awesome. A post on Twitter earlier from Charlie Lee (founder of Litecoin) gave an interesting statistic along with Charlie’s recommendation that if you don’t own at least one bitcoin, you need to make that your focus – even before owning Litecoin. Charlie’s reasoning was thus – there will only ever be 21 million bitcoins – not enough for even each millionaire to own. Credit Suisse projects that there will be at least 53 million millionaires on the planet by 2019. Less than half of them can ever own a whole bitcoin. Bitcoin is not going to go away. I’m certain of that. The entire financial establishment is certain of that. John McAfee, the founder of McAfee anti-virus and notorious crypto bull has famously said that if a single bitcoin isn’t worth $1 million by 2020 that he will ‘eat his own dick on TV’. While I feel just as confident in the future of Bitcoin, I’m not willing to be quite that specific.
I do, however, think that the floodgates have opened and big money is already pouring in at rates that have never been seen. There will be some up and down – but mostly up for quite some time. My suggestion is that you do your own research and that you get into crypto right now.
If you are interested in my suggestions and are willing to do your own research and be responsible for your own buying decisions – here is what I recommend. Buy as much of a bitcoin as you can as soon as you can. In addition, I think that Ethereum, Litecoin, and Digibyte are all solid projects with long blockchains and proven records. They are not going away. Stellar, Cardano, Neo, 0x, Tron, Basic Attention Token, and Ethereum Classic are all projects that I expect will go up in the short term and the long term. If you want to get in on a couple of early projects that are still cheap and relatively unknown Docademic, Bitcoin Private, Bezop, and NoBS Crypto are all worth looking into – but as always – do your own research. For right now- my highest recommendation is to get as much Bitcoin as you can afford.
If you, like me and a lot of other people – look at the current state of affairs and see complete chaos on the horizon – there are really only a few ways to protect your hard earned money.
1) Buy gold, silver, or other precious metals or gems. Gold will never become worthless – but as a store of value it tends to peak when governments and financial systems are failing and fall when they have the confidence of the public. Personally, I’m amazed that the value of gold and silver have stayed pretty steady since 2013 as the value of our economy has been artificially inflated and corrected. When one sector of the economy falls, the governments are quick to pump up another sector – there is a robbing Peter to pay Paul aspect to it that should be terrifying. Gold has hovered in the $1300-$1600 range for far too long. Silver has been in the $16-$17 range. I think that a 25%-40% rise in value is on the near horizon. I don’t recommend buying gold or silver though – the problem is fungibility – can you imagine paying for groceries with gold or silver?
2) Stock and bond markets. Personally, I think we will se a 50% drop in all the major indexes over the next two years. Multiple large banks, big corporations, and investment funds will fail. The Russian backed Trump administration has a clear policy of not rescuing American businesses – expect catastrophic losses after a couple of months of magical looking gains.
4) Cryptocurrency. When governments fail, they can’t take crypto with them. Bitcoin has a built in value creator – the number rewarded to miners halves periodically with 2020 being the next halving – this should limit supply and increase demand since there is a set number of bitcoins that will ever exist. They can’t be artificially created by governments. Bitcoin and many others are not controlled by central authorities, they are decentralized. Unless they can take your private keys, your bitcoin cannot be stolen or seized. Unless there is a way to connect your name to your public key – they cannot be connected to you. Cryptocurrency is the only failsafe in a world where governments are bound to fail. Today, as the US president all but reveals that he is a pawn of the Russian president – smart money is pouring into cryptocurrency at rates that we haven’t seen since December of 2017. As the governmental chaos continues with the disastoruous Brexit, more revelations of collusion between Russian and Republican operatives, and forthcoming revelations of financial insolvency – watch for TRILLIONS of dollars to pour into Bitcoin, Litecoin, Ethereum, Digibyte, and other decentralized tokens.
If you want to buy gold, silver, antiques, or art – I don’t really have any significant resources to offer you but definitely no matter where you are putting your money, do you own due diligence and remember that past performance does not guarantee future results.
I’ve made it no secret – I think the banking and financial systems of every country on the planet are corrupt and need to be replaced. The problem, of course, is that whatever you replace them with has the potential to also be corrupt as long as you are relying on trust. This is why I love Bitcoin and cryptocurrency. Trust is not an issue – or at least it shouldn’t be.
From the moment that Satoshi Nakamoto released his bitcoin white paper on the internet, Bitcoin has existed without the need for trust. Satoshi, the almost (or perhaps completely) mythical creator and father of bitcoin – concieved of Bitcoiin in the wake of the 2008 financial crisis when financial institutions had once again clearly shown that the entire financial system was completely untrustworthy.
Bitcoin was born during the last economic crisis when someone (or a group of someones) saw the need for a break from trusting government and financial institutions to take care of the needs of people. Blockchain (the technology bitcoin is built on) works like this – a group of unrelated individuals (miners) use complex math to encode (crypto) multiple transactions into a permanent ledger which cannot be changed or altered and is not owned or operated by any individual entities. Blockchain is built to eliminate the need for trust. For example in regular finance: I write a check to you. You take the check to the bank. The bank takes my money and puts it in your account. We have to trust each other and we have to trust the bank – the middle man, the intermediary. Blockchain takes the bank out of the picture and makes our transaction a permanent part of the record. There is no need for trust – it is trustless. It eliminates the need for banks as well. Bitcoin is the currency built on top of that chain of transaction blocks (get it? Blocks of transactions in a chain where each transaction is necessary to validate every other transaction – a blockchain).
Ethereum (ETH) is a newer blockchain based computing platform developed by Vitalik Buterin which allowed for scripting on the network (i.e. computing and building applications aka smart contracts).
Litecoin (LTC) is a cryptocurrency started by Charlie Lee. It was a sort of clone of bitcoin with some improvements to make it faster and cheaper to conduct transactions. Lee said it was silver to bitcoin’s gold.
At this point, you now know as much or more about bitcoin and cryptocurrency than 90% of the population. It’s very early in the game. As of writing this, there are nearly 2000 additonal cryptocurrencies. Many (most actually)of them are built on the Ethereum protocol and are called ERC-20 compliant – which means if you have an ethereum wallet – you can use those tokens with it. Some well known examples are Golem, 0x, Basic Attention Token, and Ziliqa. Each of them has their own use cases and eventually will have their own blockchains.
And that is the key, each of these projects eventually has a blockchain of their own. Some well known examples of other coins with their own blockchains are Ripple, Digibyte, EOS, Stellar, Cardano, Bitcoin Cash, Tron, and Neo. To be clear, both Litecoin and Ethereum area also coins. Coins have their own blockchain, tokens use the blockchain of another project. So there are coins on the Stellar, Neo, and Tron networks – as well as on Ethereum.
Bitcoin is the one and only first blockchain project. It has a founder but no hierarchy, no controlling body, and no central authority. The Bitcoin Foundation manages governance – but, as the case with Bitcoin Cash (and Litecoin among others) when there is a schism between the nodes – it is possible to ‘fork’ and thus create a new coin with new rules. Bitcoin Cash was born of such a disagreement among miners. The Bitcoin Cash people claim that they are more closely aligned with the original vision of the Bitcoin white paper. The Bitcoin (aka Bitcoin Core) miners say that Bitcoin Cash is a centralized monster that distorts the vision of Satoshi Nakamoto.
Within all the coins above, there are privacy coins, function coins, and exchange coins. Privacy coins like Monero and Dash are built to hide the identity of the user – something which bitcoin is known for but actually doesn’t do. Function coins allow you to use the coin for a specific funtion – a good example is Docademic (an ERC-20 token) which allows you to purchase online medical advising for tokens. Exchange coins such as Binance Coin (also ERC-20 token) allows you to purchase token and pay fees with your tokens.
Coinbase, the largest exchange has not issued their own coin – yet – maybe they never will. Binance is the main exchange for most alt-coins. A third place you can buy and sell crypto is the phone based stock trading app RobinHood. The difference between the three is that coinbase is the most highly regulated and probably the most hackproof – you can buy only Bitcoin, Litecoin, Ethereum and Bitcoin Cash on Coinbase at the moment, though Ethereum Classic (a fork of Ethereum) will be coming soon and Coinbase has announced that they are exploring adding Cardano, Stellar, 0x, Zcash, and Basic Attention Token sometime in the coming months. You can buy for fiat currency, sell for fiat currency and send/recieve to and from other wallets at Coinbase.
Binance does not have fiat currency enabled and has many many more coins and tokens. The catch is, you have to fund your Binance account with cryptocurrency from elsewhere and if you want to change for currency, you need to go to Coinbase or another fiat enabled exchange. Robinhood allows you to buy and sell a basket of cryptos but you cannot transfer to or from and you do not control the private keys of your wallets – thus – it eliminates what many consider to be the most important feature of cryptocurrency – trustlessness.
Imagine that you hate the way the government spends tax dollars. Wars, surveillance, bailouts, overpaid elected officials, farm subsidies designed to keep food prices higher, police being turned into domestic military force, detention centers, increased over-regulation and bloated bureaucracy – you get the point. You are being forced to pay taxes and your tax dollars are being used for evil – so you hate giving your hard-earned, wage slave dollars to the government.
What are you supposed to do? Well, here is some bad advice that no one should follow. Do not do this, it can get you in a lot of trouble and it’s illegal. I repeat – do not follow this bad advice.
1) Put a portion of your nest egg in a bank account. Deposit any checks you get into that account. Keep the balance at a fairly high level – so that you have some just in case, oh shit, escape your life money.
2) Establish good credit. Get credit cards, set up automatic bill paying with the monthly minimum amount, and use those credit cards to pay for everything. Keep making that minimum amount but live life how you want to live it. Take trips, go to restaurants, buy stuff. Pay everything you can with the credit cards. Most bills can be paid with them. Get high rewards cards so that you get rewarded for paying your electric, water, cable, cell phone, daycare, etc with the credit cards. Keep that credit good. Occaisionally use a balance transfer option to ‘pay off’ an old card with a new one and avoid paying interest for a year or more on your purchases. Always keep at least one high limit card with a zero balance.
3) Any cash you can earn through work, garage sales, swap meets, selling stuff on craigslist, tips, etc – put that in a separate account and use it to buy bitcoin and other crypto currency – or ideally – use something like LocalBitcoins or other person-to-person services to buy bitcoin for cash and put it in a secure offline wallet.
4) By this point the banks and loan services will be salivating at the thought of you being a good credit risk. They will offer to loan you lots of money. Accept their offers! Pay down your credit card debt and use at least half or your loans to buy cryptocurrency anonymously and keep it in an anonymous wallet.
5) Start a small LLC so that you can take the extra tax deductions that come with owning a small business. Most states you can do this for less than $100 and the tax writeoffs are massive – everything from part of your rent, computers, internet service, vehicle, child care, meals…
6) Take the maximum amount you can afford and put it into an IRA or 401k.
7) File your taxes. Keep your cash earnings and online earnings out of the equation. Be sure to tell the truth about your on-the-books crypto and stock investments. Take your deductions – hire a slick tax accountant. You should be able to not only get back any withholding – but also to get Uncle Sam to pay you a little bonus for your earned income etc.
8) Put that money into crypto and remember – always anonymously if you can. No paper trail.
9) Wash, rinse, and repeat. You are not contributing to the things you oppose. You are gaming the banks and lenders while they think they are gaming you. You are building a safe, secure, transportable and transferrable nestegg – primarily with the money of tyranny and oppression.
10) Eventually, you either have enough that you can pay off your debts or you take your cash nestegg, cash out your retirement, use that high balance credit card and your accumlated miles to go to an exotic and better run location, and then you smile while you lay in your hammock sipping your mojito – the smile means that you just fucked the system.
Again – this is terrible advice, do not follow it. It is illegal, dangerous, and for amusement purposes only.