OYENTE

SNM

  • 22
  • opiniones
  • 3
  • votos útiles
  • 88
  • calificaciones

Bait and Switch

Total
2 out of 5 stars
Ejecución
5 out of 5 stars
Historia
2 out of 5 stars

Revisado: 07-26-24

This book is excellent on diagnosing the problem of fiat currency.

The problem is it suggests that all social ills are caused by it. They are not, and the book suggests that investing in Bitcoin is the solution. It most certainly is not.

Bitcoin is a further move towards many of the problems with fiat money.

1. It has no inherent value at all just like fiat money.

2. It has no physical substance unlike cash.

3. It has no guaranteer unlike cash.

4. It is backed by nothing just like cash.

5. It seeks to solve inflation but instead creates an asset class that is so unstable nobody sensible would use it as cash because it swings up and down in value every three seconds.

In conclusion, this book is a bait and switch. It offers Bitcoin as a future cryptocurrency that will actually be used as a currency, when in reality it is truly just a risky asset similar to a commodity that is not used as money and will not be used as money.

Bitcoin has no inherent value. The only way it can increase in value is people believing it will make them money and buying it from the next guy. This is called a Ponzi scheme. It has been tried before and always has the same result.

Keep getting people to buy the bag at higher and higher prices and then get out before people realize the bag is worthless and sell off.

Don’t fall for it. If you want to save, save. If you want to spend, use cash. If you want to invest, buy the SP 500. If you want to gamble buy Bitcoin, or a lottery ticket, or hit the Casino.

But whatever you do, don’t think you are changing the world by buying Bitcoin. You are most certainly not. It is not a currency at all, but a risky asset class selling a dream and offering nothing real in return.

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Couldn’t Put It Down

Total
5 out of 5 stars
Ejecución
5 out of 5 stars
Historia
2 out of 5 stars

Revisado: 11-25-23

One of the best missionary biographies I have ever read! I highly recommend it. It covers 3 generations of faithful Christians.

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Entire Series Is Amazing

Total
5 out of 5 stars
Ejecución
5 out of 5 stars
Historia
5 out of 5 stars

Revisado: 11-02-23

I have really loved every book in this entire series. Amazing and encouraging stories. You will not be left unchanged.

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So Good!

Total
5 out of 5 stars
Ejecución
5 out of 5 stars
Historia
5 out of 5 stars

Revisado: 11-02-23

This was a captivating series of stories that will keep you on the edge of your seat. I couldn’t put it down. Truly incredible.

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Weird

Total
2 out of 5 stars
Ejecución
2 out of 5 stars
Historia
2 out of 5 stars

Revisado: 10-26-23

The is book was weird and I really wished I could say profound. But not really. Get the spark note version and move on.

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Striking Honesty

Total
5 out of 5 stars
Ejecución
5 out of 5 stars
Historia
5 out of 5 stars

Revisado: 08-22-23

This book is an excellent book that is refreshing in its honesty and give me hope that common sense remains in this world.

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Really Good Story

Total
4 out of 5 stars
Ejecución
4 out of 5 stars
Historia
4 out of 5 stars

Revisado: 08-15-23

Randy doesn’t disappoint again. Highly recommend this book. It has a few more adult themes so recommend for 15 and older at least possibly 17+.

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Not Good

Total
2 out of 5 stars
Ejecución
4 out of 5 stars
Historia
1 out of 5 stars

Revisado: 06-16-23

Nothing much else to say the book was not good. There was nothing really insightful about the book. I listened to the whole thing and just wish I had my money back. Would not recommend it.

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Misreading Scripture with Western Eyes Audiolibro Por Brandon J. O'Brien, E. Randolph Richards arte de portada

Challenging but a little liberal

Total
4 out of 5 stars
Ejecución
5 out of 5 stars
Historia
4 out of 5 stars

Revisado: 06-13-23

Challenging but a little liberal. Eat the chicken and spit out the bones. More chicken here than bones. Should be listened to with discerning ears.

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Best Book Ever

Total
5 out of 5 stars
Ejecución
5 out of 5 stars
Historia
5 out of 5 stars

Revisado: 05-05-23

What more to say, this is one of the best books ever written a must read!

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