Author: insomniacresurrected

Cash is King

But is it?

This is also cash…

So, I see a lot of anxiety about the phasing out of cash. People rightly fear the government will get much more control over transactions people make, and would be able to tax transactions, or tell people what they can or cannot buy. Currently, transactions in cash over €3,000 are banned in the EU. This right to cash is often taken up by the politicians.

But why are we defending papers and coins issued by a central bank? This is just fiat that they can produce at any amounts and while it appears to be a great medium of exchange because it is the accepted legal tender, it does not hold value…

I have been curious about the very question of what is money. Basically, I found my old crypto wallet and began buying crypto, and this naturally led me to this very fundamental question. I realized that cash as a medium is sorely lacking in many qualities. Not only is it prone to manipulation by forces that are outside your control but also it could be faked.

Crypto like Bitcoin has a limited supply, there will be 21 million Bitcoins at the end and the supply cannot be increased. Other cryptocurrencies work differently, Ethereum has a burning mechanism that controls the inflation, in which some tokens are burned by the system and that controls the supply. Cryptocurrencies like Monero allow anonymity in transactions. In my opinion the cryptocurrency world is a developing medium that could supplant fiat money in due time or become a parallel and competing way of exchange.

The above video shows that all kinds of shit was used as money historically… If you want to keep central bank issued fiat cash because you think it will maintain anonymity of transactions, you are simply not being thinking creatively. We can have those payments digitally if the government doesn’t get involved.

Crypto adoption in the West, where the fiat system is relatively stable is very low but in places like Africa or Latin America the adoption among people is much higher. Was crypto ever to become a popular medium of exchange in the West, the governments would likely try to ban it by saying it is used by criminals and terrorists. Currently, there are already attempt under way to roll out digital currencies issued by central banks.

Heating the stove with Deutschmarks…

Commie Blocks on Steroids

So, commies had this policy of housing everyone. And it was not all that bad if you ask me, many city dwellers lived in communal flats and young families did not have enough space. Hong Kong also moved boat people to flats and demolished the Kowloon walled city. This is not just the policy in commie countries.

I have a little problem with the commies settling nomadic and semi-nomadic peoples like the gypsies in flats. These people don’t have the habits of living a sedentary lifestyle, and I am generally against such intrusions into the lifestyle of people in general, on principle…

I am not sure commie blocks were a nice place to live. But under the commies they were kind of OK. But then capitalism arrived, and with it the need for profit. Commie blocks kinda stopped being built in Czechia. Cheap flat ceased to exist, even commie block flat cost through the roof now, even in provincial towns. In Russia developers continued building commie blocks but these new commie blocks became savage…

I don’t know, is this a good architecture, is this the way to build cities. Personally, I think the street level ought to have shops, doctor’s offices, hair dresser and nail salons. A high street with restaurants, bars, and arcades should be near by, the upper floors should have luxury lofts with a view and maybe even solar panel array on the roof.

Shmuel Vaknin

These videos by Sam Vaknin on capitalism went viral…

It left me wondering if I am actually rich. I don’t have any debts and I collect rent. I own assets like stocks, bonds, and crypto, and I work for the state, matter of fact I am elected into a political office and the state pays me twice.

But I am a small fry, I might have assets worth six figures, (I hope to reach million dollars) I don’t generate a six figure income, yet… maybe when BTC rises to million dollars…

Vaknin’s take is that the essence of capitalism is the freedom of movement and the efficient allocation of capital also known as the invisible hand of the market. Unfortunately, social institutions like family stand in opposition to these two concepts.

A lot of commentators are mentioning that the capitalism that we have is more akin to feudalism, where there is a symbiotic relationship between the state and business. Increasingly, there will be a class of rich that will own everything and a mass that will own nothing.

Vaknin also did a follow up to his viral video…

Ukraine the Symbol of Peremoha

I found this shit on Facebook…

Andrey Fomenko is in Düsseldorf Old Town

Ukraine has become for the civilized world a symbol of struggle (borot’ba) and victory (peremoha) [these terms have become a meme by the way]. The symbol of bravery and resistance, regardless of the unequal forces. Fans from other countries are coming out with Ukraine flags and are singing a song about khuilo. [🎹Putin kuilo tralalala]🤡

I wish everyone victory (peremoha) and I wish our team shows the whole World they are worthy of being representatives of the great nation of Ukraine.

The comment section underneath this post was full of Czechs telling him to go fuck himself. 😆 He paid to promote this post. This Andrey (why not Andriy?) “Peremoha” Fomenko is too good to be holed up in Chasiv Yar with the rest of the unfortunate peasants defending Nen’ka, instead he is chilling in Düsseldorf and preaching about bravery and borot’ba.

Ukrainians in Germany at the stadium. Slava Ukrayini…

Life of a Simp

Don’t know if this story is true but it is brutal…

This geezer literally became a bum to pay bitch’s debts. The woman had debts for fuck sakes! If a woman has debts, she is a fun material only. Pump, dump, and run away…. You have clean up boys paying their debts, incredible…

Also, never pay for woman’s education. The only education she needs is how to cook soup and do sandwiches. This might sound incredibly sexist in the current year but hear me out. You as a man extract zero benefit from your bitch being educated. Statistically, she is more likely to divorce your loser ass if she is college educated. Now, bitches will say I am insecure and shame me in various ways, but statistics speak for themselves.

Let the father of the girl pay for her college if he wants a good future for the girl. You have no business paying for shit like that.

You have simps paying her rent. Motherfucker, it is her rent! Unless you are sharing the same roof, what the fuck are you doing? You are extracting no benefit from paying her rent. You might get some used coochie but with enough game you can get that for free.

Also, never cover her life expenses unless she is taking care of your kids. You extract no benefit from that, you want a bitch that will love you without it anyway. By the way, you can have sex with a pornstar in Prague for that money.

Besides, it is current year and bitches are making their own money, they should be paying you for the privilege of riding your schlong…

Are there things you try to practice daily to live a more sustainable lifestyle?

I sort out plastic. But I hear that is not what it appears to be. I plant trees, I literally have a mini forest around my home, and the trees provide me with firewood. Although, I heat my home with gas mostly. At work I sort out aluminum cans. Is any of that sustainable?

I don’t want to get solar panels because I do not trust the effectiveness of the latter and live next to a massive nuclear power plant. I would invest in so called renewables if I knew I could extract rent from that investment. Basically you have your own personal electric power plant and feed the grid with your electricity, where is the money? I have never seen a scheme like this so I let this shit pass. I might get somebody more technical and ask him if it is feasible to do a renewable powered crypto mining operation.

Everybody is Right

Everybody is fucking right…

Guys, I never liked crocodile tears of the Israelis over Palestinian terrorism. The Zionists stole the land from the Arabs but how dare the Arabs are angry? Media here in Czechia is up the arse of Israel that they only ever present the Israeli point of view. Give me a fucking break, the Jews should just suck it up.

But on the other hand, I have always admired the Zionist movement because it was able to lobby powerful interests in Britain and US to come to their aid. It was a historic feat of organization to make happen a Jewish national state in Palestine. Ultimately, might makes fucking right.

In the same way, Russia was right to attack Ukraine that was clearly threatening its interest. Russia could not have allowed the Ukrainians to arm themselves and retake Crimea and Donbas, and Russia was right not to tolerate Ukraine wiping its ass with the Minsk Accords.

But also, the Ukrainian Nazis are right to seek membership in NATO and the EU. After all, Westerners have sponsored the Maidan that brought the people in power in Ukraine to the limelight. Ukrainian Nazis are right to defend themselves against the Russians because this is finish line for them. Denazified Ukraine will have no space for these fucks. This is a fight to the death. ☠️

Bottom line, there is no morality in international relations, there is only a brutal struggle between nations…