SS

Connect-Ad-1088

I stack it all, I also lost wax, lost resin, sand cast stuff so I melt a lot of gold/silver bullion and SS shot. But as far as the last few years, I have traded some eth for gold (provident metals accepts crypto, lol) sold the gold and bought eth. It was always a wash, a break even proposition. I have traded gold bullion for stuff, basically at jewelry store to buy the wife something shiny. So I don’t see it as a competition like every else, it’s a commodity, hedge all bets, stack, btc, Au, Ag and cryptos.

ANIAT444

STFU - Be patient - SS, stack sats.

TheOneWhoCared

I name it the SS Floating Banana

Bongressman

I repeat it daily in my head, twice. I don't forget my phone number, or my SS number, I'm not forgetting 24 words. Of course I have physical backups. But if those get destroyed, or if I am traveling, I no longer have to worry about any of it.

Ohlav

People who provide liquidity at SS, how much more do you get from the CCIP51?

megalomaniac555

SS: For mental health I don’t recommend this at all Does anyone else do this from time to time? Calculate how much your complete bag would be if prices were ATH. It’s not a great way to think and can very easily lead to FOMO and greed taking over looking for that 10/20x instead of investing in usecase and tech. Investing for ATHs is a bad strategy even though i believe any solid project (not shit/meme coin) will surpass ATH at some point. Anyway just a fair warning I wanted to share since I was feeling it. Luckily I was able to recognize the greed creeping in and just bought Btc and eth. -Peace, Love, and profit 🖖

Odysseus_Lannister

Maybe not be in bed with the founders of an exchange that stole 16+ billion? It’s not exactly rocket science, the man doesn’t need to act like the SS, just remove him and get someone who has a spine and can act competently.

Weary_Turn5393

SS: Post launching on major exchanges like crypto.com MOONS is performing like it took trenbolone, love to see it.

The_Saltiest_Ginger

Lol. 12% of the budget that gives our currency value (by forcing other countries to use the dollar as the WRC)? Cutting the military 100% wouldn't even touch the deficit. They need to completely reform the 50% of our budget that includes SS and Medicare.

xQueenAurorax

Make a post with an SS of your profile and coins in a meme sub and watch the coins and awards rolling in.

Ordinary_Ad_6706

,w SS

coachhunter2

I fucking hope not. Still crazy to me they are still around when it was discovered their logo is literally inspired by the Nazi SS

zero_fucks_now

This is a legitimate strategy. Something to consider are whether you'd incur exit taxes of some kind and whether your SS would be impacted, likely ways to avoid these. Also, I imagine as this strategy becomes more popular, the arbitrage opportunity will slowly disappear, but will likely remain for a few more decades.

coachhunter2

I’m surprised people still care about this project after the logo was shown to be inspired by the nazi SS logo.

fiftyshadesofcry

i mean we all hate the sec/tradfin but comparing them with the SS, man check yourself

candobetter2

Yeah the bankers used the inflation excuse to regulate crypto, just like the SEC is the SS for the Nazi party also known as corporate socialism. You will never hear any lawsuits get anywhere in the Supreme Court like you will hear the Supreme Court shoot down healthcare for the work in class and education for the working class or students but yet we pay their taxes but yet that's okay

Fbastiat1850

For the same reason that religion and state had to be separated, money and state have to be separated. I'd posit further that education and state should be separated, along with retirement (SS) and state, philanthopy and state. Frequent Recurrence to Fundamental Principle. Reduce the role of the state to its fundamental principle, its fundamental role, its originally purpose: The Administration of Justice, the protection of each individuals natural rights of life, liberty and property. This is a very finite role. Everything else is philanthropy, and philanthropy is entirely open ended, infinite. Then, if government fails at the very finite role and tax of ensuring the individuals natural rights and administering justice, then eliminate it altogether and find other means to secure and protect those rights. ***"No free government, or the blessings of liberty can be preserved to any people, but by frequent recurrence to fundamental principles." - George Mason***

layzor

SS Anne.

TickleMeRaw69

SS In deep ship?

mesutdmn

Took SS for use, "a Redditor tipped $26k"

FoulmouthedGiftHorse

I know it's a meme, but I don't understand the obsession with Lamborghinis. I'd take a 1970 Chevelle SS 454 WAY before a "lambo".... I'd only get 9mpg, but damn is it a beautiful car.

BuyRackTurk

> social security aren't complaining I know people on SS and the do in fact complain just fine. Why do you think they are not complaining? Financial advisors are pretty clear about the failings of SS, its not a secret. The political reality is that there is little they can do about it because of the young/old deadlock and the political impossibility of fixing it. > Also you never addressed why economists don't complain more about the CPI inaccuracies Thats a good test to separate actual economists from political hack keynesians. the latter are better known as bureaucrats or officials, since what they do had no scientific or mathematical validity. > macroeconomics Ah, the famous keynesian field which has never once predicted anything successfully? > calculating things like the poverty line? What good is calculating a subjective line?

BuyRackTurk

> if it was really as flawed as you make it out to be why wouldn't unions and those on social security not be outraged over it's inaccuracies? Even more than the people on social security should be outraged, are the people paying into the scheme who can easily see they will receive far less return on their investment in social security taxes than nearly any other investment choice they could make. They, with any basic financial analysis, could easily see that it is not a good investment for them, but either choose not to look at it or else feel they have no power to do anything about it. With common sense, they should be in revolt and demanding social security to be shut down. Of course the older population see that as a threat, and worry that without new people paying in their meagre and declining benefit could disappear entirely. They would rather have something than nothing. Actually paying a reasonable amount of SS adjusted for real inflation is not possible; the massive redirection of those funds to government pork would not be possible, and raising rates would require massive unpopular tax increases on the young. Its a brilliant way to play the young vs the old. And since the old vote more, the program sticks around, and the beneficiaries of pork barrel projects get to reap the benefit.

drbobbean

Finally! Someone is going to do something about Nazi afilliatrd cartoon monkeys!! There is justice in thus world! Next we need to tackle the Anti-Semitic cereal box characters... looking at you- Captain Crunch (Formeryly SS Captain VON KRUNCHSTEIN!!)

mx5slol

face to face so the engraving is also protected stainless should be much softer/easier to cut so if u got this down ure gonna nail it in SS

SigSalvadore

Is he right now? I mean are x-POTUSes (POTUSI?) still considered politicians? Technically they do get SS detail and I imagine as messed up as our government is they still pull a retirement/salary. Looked it up: Son of a bitch, what a fucking scam. ['Former presidents receive a pension and other benefits when they leave office.'](https://www.thebalance.com/presidents-salary-4579867)

DrinkMoreCodeMore

Yeah TC doesnt need VPN you can still access it via https://tornadocash.eth.link/ and etc but SS works like this with the VPN where US users arent allowed from a US ip.

Mr_P_Nissaurus

I've had a similar experience. The state government had been sending payments to a fraudster who had used my SS number. The state sent a lot of money to a person in a different city, with a different name. Then they realized it was fraud, and the state came after me, because I had a job and savings and the fraudster didn't. The state can and will snatch your money from you - click - just like that. I had to learn the hard way, you can't just make a phone call, talk to a reasonable person, and straighten things out. The United States government wrote my name (with some others) into a special law telling the state government to get the fuck off of my back. Only after that did things begin to go my way. I even got a nice letter from the governor (who had ignored my pleas); I wiped my ass on it. If you ever have a similar situation happen to you or to somebody you know, please remember to guide them to contact the offices of their US senators. Shit flows downhill.

DogMundane

Once we moon SS we move to Derpy also close to the moon 💰😎🚀🔥

DogMundane

Once we moon SS we move to Derpy also close to the moon 💰😎🚀🔥

AvgEverydayNormalGuy

Yeah, I get the hate for the rest of the list. Well CELR and GLMR are my long term holds, staked, LSS is not that bad (lossless team saved a bit of tokens in ONE bridge hack). Rest is spec/moonshots/gambles. I really think BONE will moon and I got most of it for free by providing liquidity on SS since start.

polpotwasright

"We'll freeze your money on your exchange" is at least a good way of slowing it down. Taxing it to death sure does, too. And isn't it still part of the Infrastructure Bill that in a few years you'll be required to provide ID and SS# to buy crypto? You don't really need to extinguish 100% of the crypto market to make it disappear. You just have to make it so folks no longer believe it'll ever have much utility. Kill its growth and especially the idea that Bitcoin, especially, will be commonly held, and that'll be enough to kill it.

SkyJebus

With two SS's? What trash, and it's still up.

KAX1107

You said no, they are not and didn't follow up with anything to disprove what I said. I'm still waiting for your expert technical rebuttal. How about explain how mining pools work and who actually validates blocks in POW? Pools don't even control the hashrate within their pool. Individual miners find blocks. The purpose of joining a pool is to share the block reward and fee no matter which individual miner within that pool finds a block. It just lets you have a steady income instead of having a small chance of finding a block going it alone. Rich people including the largest companies in the space tried to force big blocks fork in 2017. Full node users with their $50 rasp-pi rigs rejected the change. You should do some reading on what happened then right [here](https://www.amazon.com/Blocksize-War-Control-Bitcoins-Protocol/dp/B096CLR1SS). Proof of work **SPECIFICALLY** requires work based on math so that how many coins someone owns does not give them any control or influence over others.

KAX1107

Exactly this. When security of blockchain depends on the coin created by itself and only people with staked coins can validate blocks, you're FUBAR when someone with enough coins wants to attack or force changes to their own benefit. Amount of coins held by someone should not give them any control or influence over protocol like it does in the fiat system. This is actually the crux of Satoshi's invention using proof of work. Proof of work separates mining and validating functions. Miners are just working class citizens. Back in 2017, Chinese miners and some of the biggest companies within the ecosystem tried to force big blocks hard fork through but got rejected by full node users. [The Blocksize War by Jonathan Bier ](https://www.amazon.com/Blocksize-War-Control-Bitcoins-Protocol/dp/B096CLR1SS) chronicles how it all went down.

ipetgoat1984

Nice. That's awesome. I very much want a 69 Camaro SS. Hodling until I get there.

7sevenheaven

FJW4PW3SS22SZ5W5SJN7PBNDAVPV64PTBZYQUJJ376MQKLRFFCMEO4NLPY Algoranddrops faucet

jdwwq5

I am seeing that you are taking so much SS of the Avatar.

bphudzie

I can sense that you have a really big collection of the SS.

Aerocryptic

SS? What do you mean?

Prized-Man

Nice Avatar, time to SS it 😂

Prized-Man

I like your Avatar, I'll take a SS and put it on mine too 😂

SN0WEAGLE73

Dude clicking on links entering seed phrase, why not give this guy your SS and your date of birth WTF man…

NervousShop

People still use SS?

DBRiMatt

Bloody bots. Another generic replier bot and a quick look at the profile history - and you can tell the reddit account was either compromised or sold. A period of absence from their usual subs, followed by the change in comment behavior and crypto subs. https://imgur.com/a/RcXdbsH SS provided as an example u/IHaventEvenGotADog - feel free to do your thing :P

johnny_fives_555

Difference is SS is backed by the federal govt.

Leungal

If you retire early you can pull a lot of it out tax free. At retirement you convert all 401k holdings to IRA, and then in those years where you're earning no income you can convert ~40k per year from traditional to Roth and still be in the 0% tax bracket (including standard deduction). 1099 income and SS will eventually eat into the amount you can convert, but it is entirely possible for an average person to never pay any taxes on their pre-tax 401k conversions.

powercow

well actually the best way is to start to put away 300 a month starting at 20. By the time you retire you will have over a million. WHich if you put in a safe investment, even like a CD, you will earn enough a year to just live off the interest. About 60k a year if you just put it in a simple bank account, you can get that number up a bit with slightly more risky investments. This is what SS was supposed to be, but never transformed into. ANd yeah i get 300 a month is a huge amount, for min wage earners and even slightly higher. But it should be treated as very important to do. Like if its a choice between living at a slightly higher comfort level, a slightly nicer place to live at, versus worse but saving money for retirement(even when you are way too fucking young to even think about it) its always better to do the latter. if you can get a million in the bank, it doesnt matter how long you live, you will be ok. and yeah that goes for inheritors, dont fucking see a million dollars windfall as something to spend. youll go broke and have to labor for money again.(this is also why the rich complain about being cash poor so much, this wealth is busy earning them enough to live, while their wealth might seem sizeable, they dont actually want to spend it, because that would reduce their income. Its also why the rich still get loans for about everything they do.)

AmericanBags

Moreso an extortion scheme. It's not quite that though because you CAN in fact opt your kids out of Socialist Slavecurity at birth, but if not you're in the SS reg forever.

jaketurd

I wrote mine twice each on two different pieces of paper and put it in my little safe with my SS card lol.

KAX1107

You're making a hopium statement with no factual grounds. The miners are working class citizens in Bitcoin. Nodes are the validators in charge of the protocol. I would invite you to read [The Blocksize War: The Battle for Control Over Bitcoin’s Protocol Rules ](https://www.amazon.com/Blocksize-War-Control-Bitcoins-Protocol/dp/B096CLR1SS) to learn what happened when a cartel of Chinese miners tried it on. But when the security of a blockchain depends on the coin created by system itself (not to mention staking centralization itself like LIDO) and only the people with large amount of staked coins can validate blocks, you're FUBAR when someone with enough coins wants to attack the chain or force changes to their benefit. With Bitcoin all you need to overpower rogue miners is $50 full node rasp-pi rig. It's amazing how the balance of power is distributed in the kind of system Satoshi built and because of the difficulty adjustment algorithm it manages to automatically scale forever according to its usage.

KAX1107

"a cartel of imperfect human bitcoin miners" Let me stop you right there. Miners don't decide a damn thing. Miners are working class citizens in Bitcoin. I'm once again asking you to read the book [The Blocksize War: The Battle for Control Over Bitcoin’s Protocol Rules ](https://www.amazon.com/Blocksize-War-Control-Bitcoins-Protocol/dp/B096CLR1SS) to learn what happened when a cartel of Chinese miners tried it on.

Prized-Man

Saw an old screenshot yesterday, fun story kids BTC was once at 44.5k, LINK at $28, ADA at $2.5 and Atom was $33. When I saw the SS it felt like it happened eternities ago, lol

SpecialistFagazine

It's not swapping the Sim though. It's advertising your phone number as roaming in another country, snatching the incoming SMS and diverting it to another number. Costs ~$25 and has been used in a number of high profile hacks. It doesn't matter how secure your device is if your back end phone network is using protocols developed in the 1970s and not updated in almost 30 years. SS7 is not secure.

cinnamintdown

just buy a metal stamping kit for $10 and stamp them on some SS or Ti sheets.

pueblo_revolt

That logo would really look good on an SS uniform

Visible-Ad743

Someone has their CC, SS, identity stolen. In crypto theft happens because of personal irresponsibility. Ever made a bet or a deal with someone who said they already paid you? Ever received a check that bounced? Waited till after midnight or next business day to receive funds? Wtf are you talking about?

1561KWP

You are saving for your future! That is a risk worth taking. I got lucky enough to retire early. Don't need SS (although i'll eventually take it). Hoping the same to you.

Mr_P_Nissaurus

Johnny earns $4000 per month. There is no way, for example, that Johnny can sustainably afford a mortgage payment of $5000 per month, nor $4000, nor $3000... There is a limit. In Johnny's case, that limit is likely between $1K and $2K per month. Remember, Johnny has to pay Federal income tax, SS contribution, medicare, state income tax, maybe unemployment insurance. Remember, Johnny also needs money for food, utilities, transportation, etc.

SoupaSoka

If you think SS is running out, you haven't ever read any further than click bait headlines. Worst case based on current projections is that in 20-30 years SS pays out like 70% of what it's currently paying. It's not going to "run out." *However* of course folks shouldn't retire and rely on it. Relying purely on SS to retire is like the boomer of "not your keys, not your coins" but with fiat.

KAX1107

Many people here probably don't even know this. Coinbase and a bunch of other companies orchestrated the attack on Bitcoin which led to the blocksize wars. They desperately tried in so many underhand ways to destroy Bitcoin and promote the chinese miner fork Bitcoin cash. Ultimately full node users won and proved who truly had the power in Bitcoin. Read the book Blocksize war [here](https://www.amazon.com/Blocksize-War-Control-Bitcoins-Protocol/dp/B096CLR1SS). Brian Armstrong has always been a piece of work.

HyperMisawa

You gave irrelevant opinions, provided nothing to back you up and talked about some Jewish philosopher when that wasn't even a topic brought up. I dont care what a random has to say if they dont have anything to back it up, I might as well say theyre Nazis because I know all of them personally and they have SS uniforms at home, would have about the same relevance to reality as your posts. Gotta try harder next time.

HyperMisawa

Again, you offered nothing beyond you opinions. Those are useless. Now, if you want to talk actual probability, calculate the likelihood of all these occurring at random, all at the same time: - An SS insignia inspired logo - Using Yuga in their name - Referencing the exact philosopher writing about it outside of native cultures - One of the founders having academic interest in fiction about Nazis (thus showing they are presumably familiar with common imagery) - their videogame featuring swastikas - have been inspired by a company that *just happens* to use a Nazi slogan, with Yuga not being aware - had an event launch on Hitler's death day Don't even bother replying unless you have the answer, it won't be taken into account.

HyperMisawa

You didnt show anything. You vomited your opinion on the internet. That has absolutely no weight, especially when you are trying to argue that these people who knowingly ripped off an SS insignia just so happened to stumble upon a bunch of terms commonly used by Nazis completely randomly, coincidentally, and repeatedly. Run the math on the probability of that, then get back to me.

HyperMisawa

>he thinks its all just coincidence when the actual company has a common Nazi dogwhistle in their name and their logo is designed after the SS You're bagholding, aren't you

buickcalifornia

If the picture above is supposed to represent “nazi-ism,” I’m worried about the accusers understanding of history.. The headwear on the ape is from world war 1. Its called a “picklehaube” and was worn by German and Prussian troops. The “Stahlhelm” was the headwear of the SS in WW2. The stahlhelm is not pictured above.

Captain_Saki

The people saying that there are a lot of stretches missed the point of the video, how many coincidences before it stops being a conspiracy? Ofc the evidence wouldn't be too solid on its own, since if they truly are smart trolls why would they make it obvious, they need plausible deniability. Also I don't think the apes themselves are necessarily racist it's rather the imagery and symbolism which just seems too on the nose, such as the logo looking very similar to the SS, or the numbers that relate to Nazis, or the other various articles of clothing. Also the references and terminology which originate from 4chan and the CEO's odd reply to the criticism, way too many things off about the project, but hey that's just my take

Tomcatjones

SS card is in my wallet The # is in my brain. birth certificate. Who cares. The county I was born in has that for me on hand

therealsuperbonbon

I watched all the way up to the burn bayc planet of the apes nu-metal part, and really the best point he made was that celebrities get these for free and sign an NDA about it. The rest is just kind of reaching. Apes in this case are meant to be a depiction of degens, not so much a racist trope (at least not purposely). Using historical/war-based imagery in art is nothing new, and people shouldn't assume they're meant to be aligned philosophically. I will concede, using SS imagery for your actual logo is something they definitely should've reconsidered tho lol

Ponenous

Dont follow the bored apes stuff but had a quick look at the video and also the gordon goner site and I must say they really are reaching for it in many of the examples given. For example on gordons site the first pics are 3 bored apes, one with Japanese Hachimaki headband, one with a US Patrol Cap and one with the German ww1 Pickelhaube helmet. Besides those 3 apes he has also attached images of ww1 propaganda posters. Now its very obvious that he is trying to make it seem that these 3 apes are racist representations but maybe only to the layman. Now the Japanese Hachimaki headband is pretty straightforward so no need to explain that. The bored ape with the patrol cap I suspect he is mistakenly identifying that with the drawing of the ape wearing the French kepi, appears to be white, traditionally worn by the French Foreign legion and North African units. That image was published in the cover of the May 1920 issue of Kladderadatsch magazine, a Satirical German magazine and it was mocking French colonial ambitions. Then we have the ape with the Pickelhaube helmet, and he is comparing that with the famous ww1 propaganda "Destroy this mad brute!" poster. Now I know what he is trying to do here, he is equating the apes with black and brown people but for example the mad brute poster is very well known and it was depicting the Germans as uncultured warring mad brutes. During the great war all sides depicted their opponents as savage caricatures, granted many others had racist overtones too, but they treated all with the same brush. Then they go on to show a collage of various screenshots of selected peoples comments that claim the bored apes are racist images because they think that using apes mean that it represents black people. Thats just the usual cherry picking comments from random people that only support one narrative. I just skipped around with the video as I was not really interested, stuff like the claim that twitter handle SassBAYC is short of SA-Sturmabteilung and SS-Schutzstaffel is I think another reach because Sass or Sassy are words that are in common usage. At 24:01 he claims the severed ape hand is in reference to the Congo mutilations in the late 1800's, a subject I am somewhat familiar with and as far as I know I have never heard the term "ape hands" being ever used to refer to the hand choppings. Now I think its more probable that the chopped ape hand is in reference to the popular trope of the cursed monkeys paw, that grants you your wish but in return for a terrible price. Very popular in many horror stories. On closer look I noticed that that 24:23 he seems to have cropped certain paragraphs of a wiki article and after a quick search it was from the wiki on the Force Publique. If you go and read that article there is no section that mentions "ape hands", the quick check of the history tab does not show any "ape hands" either as far as I can see. It appears the video maker has just cut and pasted various different content to make it appear to fit his narrative. At 24:41 he highlights a bored ape wearing a pith helmet and next to it he displays a Belgian pith helmet, but here again he makes a big mistake or more likely deliberate error. The Belgian helmet he shows is missing the cloth band and if one does a search for "British Army Tropical Pith Helmet" you will soon notice that that whoever drew the bored ape with the pith helmet copied the British version not what the Belgian example that the video maker showed. Anyway I will stop here, am sure others will have noticed many more blatant errors, suffice to say, while its good to raise awareness, I say these people are seeing Nazis everywhere, even in places where there is none. My final say is the video maker is not being honest with presenting his "facts" and I suspect it is not due to being unaware but rather he is knowingly presenting nonfactual information.

xSciFix

Some of the stuff is a reach. Other stuff like the logo looking exactly like the SS totenkompf skull logo is on point. But if the point is that BAYC is a chan brained troll: yeah no shit. Just look at the things.

Rey_Mezcalero

You think this is the first time the conversation about SS running out? This has been recycled over and over again. The US does have ability to print money. But it isn’t the only way. The gross product from the US is huge. Can be a shell game

Mas113m

LOL! Just learning about this now? **I recently found out through a survey that the majority of American Millenials are depending on social security money post-retirement.** We have been telling y'all to stop spending all your money on avocado toast for years now!! Seriously though, every GenX kid was told this since junior high or so. Pretty sure even the year has stayed the same. There is no trust fund for SS, the politicians just spend it. My wife and I did not include SS with our retirement planning, just to be safe. We are at the later end of GenX so we'll get to see what happens to the big kids and if they get their SS money. Plan for no SS, and then you can adjust as you get older.

RFV1985

Social Security literally can never be “insolvent”. Ignore any articles that claim this is the case. That is NOT how SS works. When they talk about insolvency, they are thinking about current benefit levels not holding through year X. SS will essentially distribute what comes in to eligible recipients. If less comes in and there’s more eligible recipients, then everyone gets less. SS will ALWAYS have money coming in via SS taxes, so there will ALWAYS be something to distribute, just not necessarily as much as there is to distribute to everyone today.

BosaBackpack

Off the top of my head 1. the release date wasnt April 30th (hitlers bday) it was April 23rd 2. the SS logo is skull and crossbones, not just a skull. if you google image search that SS logo NONE of the immediate resultsshow the frayed logo he found to match the BAYC logo. he had to dig to an obscure version to find it What you need to do is cross check what this guy says - the only coincidence is how wrong most of his "facts" are

LiquidSolidGold

The government prints money for many reasons, and one of them is that if you could live on $1200/month from SS in 1980, that with printing money and inflation, but 2033 you won't even be able to make a car payment for $1200. The money loses value...

Deep-Art3195

Benefits will reduce by 24% after 2033..what will they do to cover that gap? It's still pretty concerning to me that people will get fewer money post-2033 through SS.

Deep-Art3195

It relates to Bitcoin. It's a huge deal if they print money in this decade or so to keep SS afloat. Bitcoin will go even higher if this happens.

niovyson

The USG and SS will never run out of money. The money printer works just fine. I could see USG forcing people to put more of paycheck toward SS or forcing people to buy USG bonds in our 401k’s. All BS ponzinomics.

deefdaffer

The boomers don't care, they'll be dead by then. I'm not planning on SS paying me a dime. Never have been. I'll resort to crime if I have to. W/e

Rey_Mezcalero

SS being insolvent has been claimed for decades. WaPo isn’t a source I value info from as well. Gov is talking about increasing payments for people. It’s not going away. They will find ways to keep it afloat. Neither political party wants to be the one that has SS fail on their watch. TLDR - SS is going to be around for a loooong time

submawho

The article and youtube video which have started this sell off are all bullshit. Dig deep enough into any internet culture and you will 'find' the links to any conspiracy you want. The closest solid lead they have is that the logo for BAYC looks somewhat similar to the nazi SS logo. Everything else? The nicknames, the hats, the puzzles are all meaningless linked because they involve monkeys (ergo monkey is derogatory for african-americans) Ironically he talks about how 4chan meme'd the 'ok hand sign' into being a alt-right symbol, but then he applies his alt-left glasses and only sees the connotations that fit his worldview TL:DR; crypto, silver and superstonk users have been calling each other apes since daydot. Ape is not a hidden derogatory term. /facepalm

hyperspacevoyager

Not exactly reaching when the logo is literally a copy of an SS logo

brucekeller

How am I just now realizing that BAYC was basically trolling a bunch of rich people to pay a lot for racist symbology? lol. The comparison with their black and white logo and the SS skull patch is the most obvious.

ElectrikDonuts

Btc and SS are the same level of ponzi scheme to me. It's just SS the gov has more power to completely kill

OrdelafoFaledro

OP has since corrected their math. Excess withholding from income tax is common. Excess withholding from SS/Medicare is much less common since both taxes are vastly more simple/straightforward than income tax.

cryptos4pz

> The stated amounts for SS/Medicare are overstated by 50% of current standard payroll taxes: OASDI = 6.2% of the first $147,000 Medicare HI = 1.45% Keep in mind OP said he used his live paycheck. The numbers you're quoting are the government's tax rate, not necessarily what OP's employer is withholding. For example, employers may in practice withhold 1.45% of gross wages for Medicare, but up to an additional 0.9% (equaling 2.35%) depending on filing status. Withholding mismatches from what is actually owed are the reason so many receive refund checks (or must write checks to cover shortfalls) when actually filing. So let's say OP is calculating a slightly higher percentage than what he actually gives government. First, that won't bring down the numbers significantly. He'd still be well over 50% when including the inflation. Second, OP doesn't have access to the money until he files and the government returns/refunds it. So while he may receive some of his own money back eventually, he wasn't paid any interest by anybody for the privilege of holding (possible using) it until he got it back. Additionally, with inflation trends, the longer one does without access their own money, the more inflation erodes the value. So he's still not doing so well is the enduring point.

OrdelafoFaledro

Not to mention SS benefits, which either OP (or their survivors) will eventually receive.

OrdelafoFaledro

OP wrote “of my gross income” but seemingly calculated on net income. The stated amounts for SS/Medicare are overstated by 50% of current standard payroll taxes: OASDI = 6.2% of the first $147,000 Medicare HI = 1.45% It stands to reason OP overcalculated all other amounts as well.

Cizzar

Ohhh boy, this is quite far fetched. The problem I have with it is that this guy went into the whole thing with convinced of something and tried to prove his convictions without looking at anything else that could disprove them, just like conspiracy theory believers. The flat earth people will tell you that you can't believe something you haven't seen with your own eyes because "they" are manipulating everyone. then you tell them about the curvature of the Earth seen from a plane, they'll tell you it's an optical illusion because all windows on every plane are curved all while wearing curved glasses themselves. He even says himself that there's an alternative explanation for all the "symbolism" but he dismisses that completely by saying that these founders are very fucking clever and did it on purpose to have "plausible deniability". Basically nothing's good enough to prove him wrong, but even the most far fetched coincidence is enough to prove his point. Of course everyone's first guess when you tell them about a white skull on a black background is the SS Totenkopf and not the pirate flag, right ? Oh, and the prussians also used the skull symbol. They don't have anything to do with racism, but they spoke german and you know who else spoke german ? Hitler and the nazis. And another clear proof of the hidden racist meaning behind BAYC ... It's also very poorly researched, for example simianization is the representation of humans with ape like features, while BAYC is actually the complete opposite : humanization, the representation of something with human features, in this case animals (apes) wearing clothes and using accessories like cigars, glasses etc and having human facial expressions. Another contradiction is him saying all these 4chan experts are degenerates who haven't seen the light of the day, yet all the founders have hadfairly normal lives, are highly educated and to top it off, at least Wylie Aronow has jewish ancestry, but that too is conveniently glanced over ...

wollier12

Paycheck to paycheck isn’t an indicator of wealth…..unrealized gains is just that….money you don’t actually have, so in my scenario mom and pop had a decent job and bought a house for $49,000 a pretty nice house for 1970…..they’re retired now, they get a little from SS and a 401k, maybe even a little from a pension…..but their house is now valued at $1.1 million, so of course their property taxes are way up, they can’t live on their life insurance policy, and they don’t want to sell the house they grew old together in…..they live paycheck to paycheck on a fixed income…..unrealized wealth is just a representation of all the stuff they’ve acquired in a lifetime. It doesn’t mean they have millions in the bank. They still live paycheck to paycheck.

Digi_Ammaz

Its not bull trap, nor it will go back to 15k. Btc will see gains now! SS it!

anykeyh

>Every transgression on social media? Every time you said something in anger or while drunk? Forever undeletable. And scanned by any employer or cop. Imagine forever being tainted by a "joke" with no way to ever delete it. Not people screenshotting you or anything, just publicly always available That's already the case. Internet ain't forget. >Imagine you get phished. And suddenly your social token or bank account or job credentials or health info gets moved to a wallet you don't have the keys for? Identity tokens are not meant to be traded. They will be untradeable NFT, and can be destroyed on request by the emitter party (e.g. the social security government). Basically you got your wallet stolen, you go to the cops, then the Social service security will remove the NFT and create a new one to your fresh wallet. >Or imagine you're doing distribution on a public ledger? Oooh, now I know exactly which store or warehouse has exactly what I'd like to steal. Or, I'm a competitor that's not public, and I know what to screw you over on if you have excess inventory, or if I can negative PR your item at just the right time. Technology is still researched, but ZK-proof are the key here. You store a proof on blockchain which says "I have enough stock". This evidence cannot be tempered, yet doesn't give any useful information for an attacker. This is complex technology and I'm not in the mood to show some examples, but yeah it sounds like magic and it is magic. Now, since you didn't covered the good part: Let say I build a service which require confirmation that you are US citizen and have a social security. Currently, I'm going to ask you for KYC, ask to scan some copy of your SS number, cross-check with the SS service, hoping it's not down today. In terms of development, I will need to manage a lot of cases. What if you lie and use a fake ID? What if the Social security server confirming your identity is down? Etc... With blockchain, I just check that you have the token emitted by the SS service. As simple as that. If your account gets stolen, your token is revoked. My service can listen to the revocation event and close or freeze your account, as simple as that. Note: I'm working in big software for a government dealing with billions of dollars of contracts. Interoperability between systems and services is just the number one problem we face on a daily basis.

Warriorsfan99

Wut, are you that stupid or simply too stupid? Gme has one of the lowest decline in all of techs so far...most SS ppl avg in the 160-180 range, and some original believers with avg below 100, and 50 are still deep green, granted we lost some unrealized gains. Contrary to the brainwashing, Nobody there is an idiot that bought during periodic pumps above the 200, or 250. The stock usually consolidate in the 150s, 180s, and recently the low 100s where "cultists" accumulate. Go ahead compare gme to the ever so popular nvda, upst, fb, coin, docu, roku, or what have you here...BTC, ETH lolz Pathetic attempt.

TheseusPankration

IRS tax tables tell me it's 15K for a single person earning 100K assuming they took the standard deduction, and that's just the start. 6.2% SS. No 401K contributions? No HSA contributions? I have $700 worth of tax free contributions every byweekly paycheck. Also, just adding 9.29% isn't valid since the take home pay is now 79K at most, and groceries are exempt. Of course, if you properly itemized, pre the Trump tax hikes, you could come out even further ahead.

Seditious_Beats211

looks like you should check out SS

xcheezeplz

It's bleeding. Diluted EPS is lower than it was when the stores were closed. Its been down and to the right for years. Your fantasy isn't likely happening in this timeline. The premise is often flawed because they think that funds and IBs pay the margin/borrow fees retail pays to short. Pro tip, they don't. It's next to nothing. And while they are short they can sell puts against the short position and hedge against the MOASS fantasy with deep deep OTM calls with a part that put premium. Too many people got smashed during that SS that I guarantee no big money is naked on their shorts right now which means the SS is not feasible if positions are hedged.

Bwizz6

please repost in 3 point form stating reason as well as historical evidence and SS number. i will be fact checking & comparing tomorrows numbers.

BTCMinerBoss

SS: Right now, the price of ADA is still higher than it was only 18 months ago. If you bought 5 years ago, you're still sitting at 346% increase in value. When in doubt, zoom out. One ADA is still worth one ADA. Relax. Stop checking prices unless you're buying. Otherwise, come back in 18 months and see what's new.

BTCMinerBoss

SS: Right now, the price of ETH is still higher than it was only 18 months ago. If you bought ETH 5 years ago, you're still sitting at 299% increase in value. When in doubt, zoom out. One ETH is still worth one ETH. Relax. Stop checking prices unless you're buying. Otherwise, come back in 18 months and see what's new.