bitcoin (3)

Inflation and Assets

I don’t know, Theee is the transfer of trade component of Bitcoin type assets, , here is a gold person opinion, gold is not the only real asset, you need real assets that create jobs, profits, that is how you protect against and work with inflation, that’s a good thought, you work with inflation, own the bakery vs own the bread, and you should as long as you remain a profitable bakery Bible to buy more bread….. “You buy bitcoin because you think the price is going to go up. And who do you sell bitcoin to? Somebody who thinks the price is going to go up even more. But if people stop believing that the price is going to go up … who do you sell to?”

https://www.theepochtimes.com/seek-real-assets-not-bitcoin-for-inflation-protection-says-gold-bull-peter-schiff_4058767.html

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BitCoin ATM at Steinbach Manitoba

Peak disclosure, please click here

 

First time I ever seen a bit coin ATM was this weekend near Winnipeg at the Frantz Inn. The Frantz Inn is apparently the only night club in Steinbach, Manitoba. It’s a nice looking place, we had good rooms for the night and very nice restaurant to dine in. Rates seemed reasonable at 99 for the night and included two $8 vouchers for breakfast.

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Www.frantzinn.ca

 

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Met a Manitoba MTO Forman after we got on the Trans Canada , apparently there is still homes west of Winnipeg that still are without hydro, lots of snow , and the area has been building in flood waters since early September, it’s been raining a lot, rivers are over their Bank’s most everywhere. Because it is so wet the leaves have not had a chance to fall off the trees yet in many places and that has contributed to a lot of branches breaking with the snow sticking to the leaves . We seen that in Winnipeg, large branches down everywhere. It was a mess. He knew the owners of the Frantz and was living in Steinbach, we greeted each other with Thanksgiving wishes and pleasant thoughts of driving safe . There is not too many people out traveling these roads today on Thanksgiving Sunday.

 

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Www.WinnipegBTC.com will get you info on the Winnipeg entrepreneur encouraging BitCoin in the region. Check out the pictures for the different conversion rates , great conversation piece and a precursor to the new currency. Reminds me that a bit coin exchange for maple and birch water transactions could be in the future as I have previously envisioned.

 

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 Now, what were you doing there ?  Well, picking up a claw for the South Coast Escape Company to be part of “The Capitol” escape room coming to our area soon. 

 

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Pass me a coin please

“Ohio blazes the bitcoin trail 

Ohio isn’t known for being on the screaming bleeding edge of technology, but it’s now an early adopter of bitcoin. Yesterday, the 34th largest state in the US became the first to accept the volatile coin for tax payments. 

Speaking of crypto… Overstock sets a date to sell off its retail biz

After what feels like a decade of threatening to shelf their current business for crypto, Overstock’s CEO says he will finally shut down its retail business in February. And people are more bullish on blockchain than bed sets: Its stock surged 26% after the news.”

 

 

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