Tag: 5%
5 UK shares I bought for income of 9.5% a year
We recently bought these five cheap UK shares for their generous dividend yields. These cash payouts range from nearly 7% to almost 13% a year. Wow!
The post 5 UK shares I bought for income of 9.5% a year appeared first on The Motley Fool UK.
The Merge: Top 5 misconceptions about the anticipated Ethereum upgrade
Clear the fog around the most significant upgrade in the history of Ethereum, The Merge. Here are five misconceptions that stand out among the rest.
bring back 5 satoshi footlongs
the good ol’ days
my neighbors, whom are new parents, are currently fighting below me. I remember the stresses of being a new parent on top of the financial stresses of life riding parallel to it. it’s tough not letting all those stresses tear your family in two.
not many are born from money and i’m grateful to have lived a life, starting from near-poverty, to hitting poverty, to getting to middle class, to then choosing poverty for myself so I could “start from the bottom”. I don’t have the option of ever going back to middle class because it’s not my money, it’s my family’s money. I have a name to make for myself.
I work in the blue collar world and I basically am near paycheck-to-paycheck. it’s not bad. I actually am happy wear i’m at. not content, but happy and appreciative of my journey. I have an incredible amount of skills i’ve built that range from coding in multiple languages to welding. i’ve worked in many industries, hell, I was even a day trader for a few years.
money drives our society and that’s not a bad thing. we are driven by a medium that allows us to trade resources that in turn make our lives easier. could you imagine how difficult life would be if we had to build our own homes, generate our own electricity, invent our own machines, computers or nearly every technology component and device to get to a situation many of us are in today? I am grateful of the inventors that came before us and for the invention of money. money makes the world go round.. faster.
I believe the world has somewhere over a quadrillion dollars in circulating wealth. this would include all physical, digital, finite resource in operation, valuations of companies, derivatives, stock, etc. could be more being that we (globally) all don’t record everything to a “t”.
I live in a small town where we surprisingly have 1 billionaire who has done a great deal of work for our energy grid and construction services. everyone else is basically in poverty, sitting in middle class and a few outliers in the top echelon of society whether they be farmers or doctors. yes, those last two are in the same group making the same amount of money.
often while i’m at work, I get quite of bit of time to zone out on autopilot and listen to podcasts, music, or in the often case my earpods die and I am left to use ear plugs to keep the noise to a minimum in the shop/factory I work in. anyways I get to zone out. I get to think and reflect. I get to envision a future of the world and my place in that future.
I am not the most educated (on paper) but i’m incredibly generalized in many fields and have deep real world experience that I do value. I know I am still developing my world view but i’m getting a very good idea of what that looks like.
I remember being a teenager in high school and being so excited to bring about $10 to school (while I was a sophomore/junior) and head to the local subway and get a $5 foot long. ugh… times were good. $5 went far. $20 filled up more than half your gas tank. $5 got you a full meal at dairy queen or hardee’s. now it doesn’t even buy you a full burger or half a subway footlong. don’t even get me started on gas.
you can see what i’m getting at, because you likely feel the effects of the last 10 years if you’re in a similar situation as I am. things have got out of hand and we (at the bottom) feel it the greatest. now I don’t want to complain too much because, well, what a privilege it is to have first world problems. but nonetheless I still get a voice to speak on it.
back to the quadrillion. that’s a lot of money floating around the world in many crevices of asset diversification and/or medium of exchange/value.
imagine. the whole world, ever-moving towards digitalization, all collectively agrees on timechaining all of our assets onto the Bitcoin network. not only is everything recorded, but everything can be analyzed. everything can be privatized to each sovereign individual. we would create a true system of accountability backed by energy-burn (mining/securing through electricity). some may argue that this would bring in a police state-of-the-world where everything you do (financially) is monitored. i’ll talk about this now in the next paragraph.
if you live in america and you have a cell-phone, lol, you are being tracked every single second that thing is near you. you drive past the local intersection and the intersection cameras monitor your license plate and detect whether your speed is appropriate. you drive your car which has dozens if not hundreds of sensors that will tattle on you once you get into an accident, all someone has to do is plug into your ob2 jack and they can see everything your vehicle stores on its computer right? now back to Bitcoin quick because I can go on and on and on about how we already live in a social-media driven world where your freedoms aren’t that free if it opposes (those in power’s) world views.
if we can place nearly every form of money and identification onto the Bitcoin timechain, and maybe add another layer of security and a few more layers for other things, we could really empower each individual to be a sovereign citizen of the world. your wealth could never be taken. you could be imprisoned if you broke laws, but your money is still secured to you. no one can flick a switch and turn off your bank account like we can in todays world. it’s worth thinking about right, moving everything, that we can, to Bitcoin. sure it is a grandiose idea with many missing details and a lot of vagueness but nonetheless, a powerful idea.
what would it look like for the network’s marketcap or the total amount of wealth on-chain? well, the world will continue to raise itself in wealth as new industries are formed, space traveling/living, and asteroid mining becomes more prevalent. currently I estimate there is likely between 1 and 3 quadrillion dollars of wealth around the world.
let’s say there is 2.1 quadrillion dollars of capital in the world for argument’s sake. let’s say all of that wealth is recorded and can move on the Bitcoin timechain. a single Bitcoin is divided by 100 million to get the smallest unit of fraction, called a satoshi. a satoshi looks like this = 0.00000001
if the world’s wealth was on the Bitcoin timechain, a satoshi would be worth about $1 today. how cool would that be. if you owned 1 Bitcoin, you’d have 100 million dollars if we continue to denominate into dollars. it’s not so much a question of “if” we move the world’s wealth onto the Bitcoin timechain, it is “when”. it is the least amount of friction. even lightning follows the path of least resistance. we tend to as well once our monkey brains realize a mistake or pattern.
okay, so the world’s wealth is in Bitcoin now. you’re a satoshi multimillionaire or billionaire hopefully because you were ahead of the curve. now you can go get your 5 satoshi footlong and get back to the good old days.
in a future article I plan to talk about how not only has the dollar been devalued to a criminally-low fraction of itself, but also how that has affected the quality of services, products, and food we currently operate on.
p.s. if you think my grammar is that bad, you should see me speak in person about a particular idea — I am all over the place
stack the sats.
n̷x̷s̷
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bring back 5 satoshi footlongs was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.
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Intel Arc A750 GPU up to 5% faster than RTX 3060 in DX12 Steam games
Intel Arc A750 in-house benchmarks have arrived, and the mid-range GPU is apparently up to 5% faster than the RTX 3060 in DirectX 12 games. The internal tests put the card through its paces in a bunch of popular Steam releases, including ferocious favourites like Cyberpunk 2077, Death Stranding, and Hitman 3.
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