Yeah the guy is complaining about being investigated for terrorism when he clearly and openly supports terrorist organizations including Hamas, according to his blog. Get a grip, HN.
All your argument is based on your ignorance of what investing and compounding means. Not interest rates. Investing in stocks, bonds and assets. Nobody ever has implied that you can build wealth by saving accounts.
There are no savings accounts with interest comparable to stocks. If that was so nobody would invest in stocks because one has big risk and the other zero. You are very financially illiterate and I don't mean it as an insult. Sadly these things should be taught at schools. Also, there are currently no 5% saving rates in any of the big currencies.
It literally doesn't matter if there are savings accounts with 5% interest. The example was illustrative and focused on the percentage, not the vehicle through which it was earned. You're being pedantic to the point of distraction here and not adding any value to the subject at hand.
No bitcoin was not starting a new shadow financial system. Op has the wrong idea. You don't base such a system on the most transparent money the world has ever seen. Why do people even tech people think that bitcoin is shadow money when it's traçable and designed to be so? That's such a mystery. I think people want it to be shadow so they can blame it or just that they like conspiracies and illuminati.
There are transgenic mice where they have spliced genes to cause disease, but to me this is not a probable way to learn how to cure Alzheimer's.
The reason is, there are very limited choices in which mouse line to use. You basically have to pick from a menu of transgenic mice from some supplier. So you would have to be lucky enough that a supplier breeding transgenic mice just happens to have picked, with an educated lucky guess, a combination of genes that expresses a disease enough like Alzheimer's when spliced into a non-human host that something that has some effect on the mouse disease also has an effect on the human disease, compounded with being lucky enough to find a treatment for the mouse disease at all, compounded with the luck of picking that mouse line from the menu of dozens of mouse lines with human genes spliced in.
So lets say a time traveler from the year 2321 hands you a vial with the cure for Alzheimer's in it, and you want to test if it works. So you open the mouse catalog, and you see a dozen transgenic mice choices. Lets say, by some cosmic coincidence, one of those mouse lines out of the dozen choices, again by luck since it's unlikely that out of a couple of spliced genes they would ever happen upon a mouse line that it would ever work, has the right gene that coincidentally the human cure will also work on that line of mice. By far the most likely outcome (11/12 times) is you order mice, they are acting like they have a brain disease, you inject them with the future cure and it doesn't help them at all. This is when you know for a fact you do have a cure for humans. This is why I'm saying these mouse studies are a waste of money and research effort. If you have a cure for Alzheimer's the mice are very unlikely to show improvement, and things that improve the behavior of the mice are incredibly unlikely to work in humans.
So why do they do it? Well, there is a big pool of money available to study Alzheimer's and there are catalogs with mice in them, and you can inject mice with whatever random thing you want without a lot of 'having a reason it might work'. It's like the guy looking for his keys under a street light. When you ask him if that's where he lost his keys he says "No, I lost them way over there." Ok why not look where the keys might be? "It's too dark to see over there". In this case, it's "we don't know how to do an experiment that might be useful but there is funding and we can order mice".
This is factually false, cannabis is addictive and you do experience withdrawal if you stop using it after habitual long term use (anxiety, depression, among other withdrawal symptoms).
I'm not saying this is an argument for making it illegal, caffeine is physically addictive and certainly you experience withdrawal if you stop using it suddenly, etc.
However, saying cannabis is not addictive at all is just propaganda. If any chemical does something measurable in your body, you will almost certainly experience withdrawal symptoms if you suddenly stop using it after long term use. Withdrawal symptoms being unpleasant is basically the definition of physical addiction.
I think the addictive vs. non-addictive debate is mostly about what people mean by the word "addictive." Clinically, you're right: anything that affects the dopamine system will have clinically addictive properties (i.e. bingeing, preoccupation, anxiety, etc), and there's plenty of clinical research showing that long-term cannabis use can result in addiction. But what people sometimes mean by "addictive" is physically-painful and/or physically-dangerous withdrawal symptoms: nauseau, migraines, shaking, or even potentially death in the case of alcohol. Even heavy cannabis use doesn't generally result in those kinds of withdrawal symptoms.
Cannabis is very much psychologically addictive and hence the word pothead. If you don't know the pot culture and you don't see how these people can't have fun or pass a day without pot you will change your mind
Fascinating mind if you share some more details? Do you have kids? How about family? Do you consider a city your anchor or you feel totally like a world citizen
Yes I do have a kid.
She will move here with me when she finishes high school (currently lives with her mom).
This kind of life is not really compatible for younger children unless you have the funds to travel with them and can home school them as you go.
I try to maintain at least 3 permanent or semi-permanent bases in 3 countries but that’s now down to 2 because of the pandemic.
Yes, it’s good to have a few anchor cities where you put down some roots and make good local friends - they can help you settle in. A bunch of fellow tourists or expats are not deep in the culture and will not be of great help which is why I don’t pal around with them.
It’s quite easy to start a business in other countries if you have local friends to point you in the right directions and translate for you. Another reason not to hang around other tourists. And that will diversify your income - not every business needs to be online.
No one knows how the world will turn out in the next few years, so I believe in hedging my bets and having options both in income and second and tertiary places to potentially live if needs be.
Sort of like a prepper - but international.
Follow the Nomad Capitalist channel on YouTube. It’s a good resource and has great tips.
Weird that he got questioned you say?