Hello visitors and subscribers of scams! Here you will find a master list of common (and uncommon) scams that you may encounter online or in real life. Thank you to the many contributors who helped create this thread!
If you know of a scam that is not covered here, write a comment and it will be added to the next edition.
Caller ID spoofing It is very easy for anyone to make a phone call while having any number show up on the caller ID of the person receiving the phone call. Receiving a phone call from a certain number does not mean that the person/company who owns that number has actually called you. Email spoofing The "from" field of an email can be set by the sender, meaning that you can receive scam emails that look like they are from legitimate addresses. It's important to never click links in emails unless absolutely necessary, for example a password reset link you requested or an account activation link for an account you created. SMS spoofing SMS messages can be spoofed, so be wary of messages that seem to be from your friends or other trusted people.
The most common scams
The fake check scam (Credit to nimble2 for this part) The fake check scam arises from many different situations (for instance, you applied for a job, or you are selling something on a place like Craigslist, or someone wants to purchase goods or services from your business, or you were offered a job as a mystery shopper, you were asked to wrap your car with an advertisement, or you received a check in the mail for no reason), but the bottom line is always something like this:
The scammer sends you a very real looking, but fake, check. Sometimes they'll call it a "cashier's check", a "certified check", or a "verified check".
You deposit the check into your bank account, and within a couple of days your bank makes some or all of the funds available to you. This makes you think that the check is real and the funds have cleared. However, the money appearing in your account is not the same as the check actually clearing. The bank must make the funds available to you before they have cleared the check because that is the law.
For various and often complicated reasons, depending on the specific story line of the scam, the scammer will ask you to send someone some of the money, using services like MoneyGram, Western Union, and Walmart-2-Walmart. Sometimes the scammer will ask for you to purchase gift cards (iTunes, Amazon, Steam, etc) and give them the codes to redeem the gift cards. Some scammers may also give you instructions on how to buy and send them bitcoins.
Within a couple of weeks, though it can take as long as a month, your bank will realize that the check you deposited was fake, and your bank will remove the funds that you deposited into your account and charge you a bounced check fee. If you withdrew any of the money from the fake check, that money will be gone and you will owe that money to the bank. Some posters have even had their bank accounts closed and have been blocked from having another account for 5 years using ChexSystems.
General fraudulent funds scams If somebody is asking you to accept and send out money as a favour or as part of a job, it is a fraudulent funds scam. It does not matter how they pay you, any payment on any service can be fraudulent and will be reversed when it is discovered to be fraudulent. Phone verification code scams Someone will ask you to receive a verification text and then tell you to give them the code. Usually the code will come from Google Voice, or from Craigslist. In the Google version of the scam, your phone number will be used to verify a Google Voice account that the scammer will use to scam people with. In the Craigslist version of the scam, your phone number will be used to verify a Craigslist posting that the scammer will use to scam people. There is also an account takeover version of this scam that will involve the scammer sending a password reset token to your phone number and asking you for it. Bitcoin job scams Bitcoin job scams involve some sort of fraudulent funds transfer, usually a fake check although a fraudulent bank transfer can be used as well. The scammer will send you the fraudulent money and ask you to purchase bitcoins. This is a scam, and you will have zero recourse after you send the scammer bitcoins. Email flooding If you suddenly receive hundreds or thousands of spam emails, usually subscription confirmations, it's very likely that one of your online accounts has been taken over and is being used fraudulently. You should check any of your accounts that has a credit card linked to it, preferably from a computer other than the one you normally use. You should change all of your passwords to unique passwords and you should start using two factor authentication everywhere. Cartel scam You will be threatened by scammers who claim to be affiliated with a cartel. They may send you gory pictures and threaten your life and the lives of your family. Usually the victim will have attempted to contact an escort prior to the scam, but sometimes the scammers target people randomly. If you are targeted by a cartel scam all you need to do is ignore the scammers as their threats are clearly empty. Boss/CEO scam A scammer will impersonate your boss or someone who works at your company and will ask you to run an errand for them, which will usually be purchasing gift cards and sending them the code. Once the scammer has the code, you have no recourse. Employment certification scams You will receive a job offer that is dependent on you completing a course or receiving a certification from a company the scammer tells you about. The scammer operates both websites and the job does not exist. Craigslist fake payment scams Scammers will ask you about your item that you have listed for sale on a site like Craigslist, and will ask to pay you via Paypal. They are scamming you, and the payment in most cases does not actually exist, the email you received was sent by the scammers. In cases where you have received a payment, the scammer can dispute the payment or the payment may be entirely fraudulent. The scammer will then either try to get you to send money to them using the fake funds that they did not send to you, or will ask you to ship the item, usually to a re-shipping facility or a parcel mule. Craigslist Carfax/vehicle history scam You'll encounter a scammer on Craigslist who wants to buy the vehicle you have listed, but they will ask for a VIN report from a random site that they have created and they will expect you to pay for it. Double dip/recovery scammers This is a scam aimed at people who have already fallen for a scam previously. Scammers will reach out to the victim and claim to be able to help the victim recover funds they lost in the scam. General fraudulent funds scams The fake check scam is not the only scam that involves accepting fraudulent/fake funds and purchasing items for scammers. If your job or opportunity involves accepting money and then using that money, it is almost certainly a frauduent funds scam. Even if the payment is through a bank transfer, Paypal, Venmo, Zelle, Interac e-Transfer, etc, it does not matter. Credit card debt scam Fraudsters will offer to pay off your bills, and will do so with fraudulent funds. Sometimes it will be your credit card bill, but it can be any bill that can be paid online. Once they pay it off, they will ask you to send them money or purchase items for them. The fraudulent transaction will be reversed in the future and you will never be able to keep the money. This scam happens on sites like Craigslist, Twitter, Instagram, and also some dating sites, including SeekingArrangement. The parcel mule scam A scammer will contact you with a job opportunity that involves accepting and reshipping packages. The packages are either stolen or fraudulently obtained items, and you will not be paid by the scammer. Here is a news article about a scam victim who fell for this scam and reshipped over 20 packages containing fraudulently acquired goods. The Skype sex scam You're on Facebook and you get a friend request from a cute girl you've never met. She wants to start sexting and trading nudes. She'll ask you to send pictures or videos or get on webcam where she can see you naked with your face in the picture. The scam: There's no girl. You've sent nudes to a guy pretending to be a girl. As soon as he has the pictures he'll demand money and threaten to send the pictures to your friends and family. Sometimes the scammer will upload the video to a porn site or Youtube to show that they are serious. What to do if you are a victim of this scam: You cannot buy silence, you can only rent it. Paying the blackmailer will show them that the information they have is valuable and they will come after you for more money. Let your friends and family know that you were scammed and tell them to ignore friend requests or messages from people they don't know. Also, make sure your privacy settings are locked down and consider deactivating your account. The underage girl scam You're on a dating site or app and you get contacted by a cute girl. She wants to start sexting and trading nudes. Eventually she stops communicating and you get a call from a pissed off guy claiming to be the girl's father, or a police officer, or a private investigator, or something else along those lines. Turns out the girl you were sexting is underage, and her parents want some money for various reasons, such as to pay for a new phone, to pay for therapy, etc. There is, of course, no girl. You were communicating with a scammer. What to do if you are a victim of this scam: Stop picking up the phone when the scammers call. Do not pay them, or they will be after you for more money. Phishing Phishing is when a scammer tries to trick you into giving information to them, such as your password or private financial information. Phishing messages will usually look very similar to official messages, and sometimes they are identical. If you are ever required to login to a different account in order to use a service, you should be incredibly cautious. The blackmail email scam part 5: https://old.reddit.com/Scams/comments/g8jqnthe_blackmail_email_scam_part_5/ PSA: you did not win a giftcard: https://old.reddit.com/Scams/comments/fffmle/psa_you_did_not_win_a_gift_card/ Sugar scams Sugar scammers operate all over the internet and usually come in two varieties: advance-fee scams where the scammer will ask for a payment from you before sending you lots of money, and fake check style scams where the scammer will either pull a classic fake check scam, or will do a "bill pay" style scam that involves them paying your bills, or them giving you banking information to pay your bills. If you encounter these scammers, report their accounts and move on. Google Hangouts Google Hangouts is a messaging platform used extensively by all kinds of scammers. If you are talking with someone online and they want you to switch to Hangouts, they are likely a scammer and you should proceed with caution. Publishers Clearing House scams PCH scams are often advance-fee scams, where you will be promised lots of money after you make an initial payment. You will never need to pay if you win money from the real PCH. Pet scams You are looking for a specific breed of puppy, bird, or other pet. You come across a nice-looking website that claims to be breeding them and has some available right now - they may even be on sale! The breeders are not local to your area (and may not even list a physical location) but they assure you they can safely ship the pet to you after a deposit or full payment. If you go through with the payment, you will likely be contacted by the "shipper" who will inform you about an unexpected shipping/customs/processing fee required to deliver your new pet. But there was never any pet, both the "breeder" and the "shipper" are scammers, typically operating out of Africa. These sites are rampant and account for a large percentage of online pet seller websites - they typically have a similar layout/template (screenshot - example) If you are considering buying a pet online, some easy things to check are: (1) The registration date of the domain (if it was created recently it is likely a scam website) (2) Reverse image search the pictures of available pets - you will usually find other scam websites using the same photos. (3) Copy a sentence/section of the text from the "about us" page and put it into google (in quotes) - these scammers often copy large parts of their website's text from other places. (4) Search for the domain name and look for entries on petscams.com or other scam-tracking sites. (5) Strongly consider buying/adopting your pet from a local shelter or breeder where you can see the animal in person before putting any money down. Thanks to djscsi for this entry. Fake shipping company scams These scams usually start when you try to buy something illegal online. You will be scammed for the initial payment, and then you will receive an email from the fake shipping company telling you that you need to pay them some sort of fee or bribe. If you pay this, they will keep trying to scam you with increasingly absurd stories until you stop paying, at which point they will blackmail you. If you are involved in this scam, all you can do is ignore the scammers and move on, and try to dispute your payments if possible. Chinese Upwork scam Someone will ask you to create an Upwork or other freelancer site account for them and will offer money in return. You will not be paid, and they want to use the accounts to scam people. Quickbooks invoice scam This is a fake check style scam that takes advantage of Quickbooks. The blackmail email scam The exact wording of the emails varies, but there are generally four main parts. They claim to have placed software/malware on a porn/adult video site, they claim to have a video of you masturbating or watching porn, they threaten to release the video to your friends/family/loved ones/boss/dog, and they demand that you pay them in order for them to delete the video. Rest assured that this is a very common spam campaign and there is no truth behind the email or the threats. Here are some news articles about this scam. The blackmail mail scam This is very similar to the blackmail email scam, but you will receive a letter in the mail. Rental scams Usually on local sites like Craigslist, scammers will steal photos from legitimate real estate listings and will list them for rent at or below market rate. They will generally be hesitant to tell you the address of the property for "safety reasons" and you will not be able to see the unit. They will then ask you to pay them a deposit and they claim they will ship you the keys. In reality, your money is gone and you will have no recourse. Craigslist vehicle scams A scammer will list a vehicle on Craigslist and will offer to ship you the car. In many cases they will also falsely claim to sell you the car through eBay or Amazon. If you are looking for a car on Craigslist and the seller says anything about shipping the car, having an agent, gives you a long story about why they are selling the car, or the listing price is far too low, you are talking to a scammer and you should ignore and move on. Advance-fee scam, also known as the 419 scam, or the Nigerian prince scam. You will receive a communication from someone who claims that you are entitled to a large sum of money, or you can help them obtain a large sum of money. However, they will need money from you before you receive the large sum. Man in the middle scams Man in the middle scams are very common and very hard to detect. The scammer will impersonate a company or person you are legitimately doing business with, and they will ask you to send the money to one of their own bank accounts or one controlled by a money mule. They have gained access to the legitimate persons email address, so there will be nothing suspicious about the email. To prevent this, make contact in a different way that lets you verify that the person you are talking to is the person you think you are talking to. Digit wallet scam A variation of the fake check scam, the scammer sends you money through a digital wallet (i.e. Venmo, Apple Pay, Zelle, Cash App) along with a message claiming they've sent the money to the wrong person and a request to send the money back. Customer service for these digital wallets may even suggest that you send the money back. However, the money sent is from a stolen credit card and will be removed from your account after a few days. Your transfer is not reversed since it came from your own funds. Cam girl voting/viewer scam You will encounter a "cam girl" on a dating/messaging/social media/whatever site/app, and the scammer will ask you to go to their site and sign up with your credit card. They may offer a free show, or ask you to vote for them, or any number of other fake stories. Amateur porn recruitment scam You will encounter a "pornstar" on a dating/messaging/social media/whatever site/app, and the scammer will ask you to create an adult film with hehim, but first you need to do something. The story here is usually something to do with verifying your age, or you needing to take an STD test that involves sending money to a site operated by the scammer. Hot girl SMS spam You receive a text from a random number with a message along the lines of "Hey babe I'm here in town again if you wanted to meet up this time, are you around?" accompanied by a NSFW picture of a hot girl. It's spam, and they'll direct you to their scam website that requires a credit card. Identity verification scam You will encounter someone on a dating/messaging/social media/whatever site/app, and the scammer will ask that you verify your identity as they are worried about catfishing. The scammer operates the site, and you are not talking to whoever you think you are talking to. This type of scam teases you with something, then tries to make you sign up for something else that costs money. The company involved is often innocent, but they turn a blind eye to the practice as it helps their bottom line, even if they have to occasionally issue refunds. A common variation takes place on dating sites/dating apps, where you will match with someone who claims to be a camgirl who wants you to sign up for a site and vote for her. Another variation takes place on local sites like Craigslist, where the scammers setup fake rental scams and demand that you go through a specific service for a credit check. Once you go through with it, the scammer will stop talking to you. Another variation also takes place on local sites like Craigslist, where scammers will contact you while you are selling a car and will ask you to purchase a Carfax-like report from a specific website. Multi Level Marketing or Affiliate Marketing You apply for a vague job listing for 'sales' on craigslist. Or maybe an old friend from high school adds you on Facebook and says they have an amazing business opportunity for you. Or maybe the well dressed guy who's always interviewing people in the Starbucks that you work at asks if you really want to be slinging coffee the rest of your life. The scam: MLMs are little more than pyramid schemes. They involve buying some sort of product (usually snake oil health products like body wraps or supplements) and shilling them to your friends and family. They claim that the really money is recruiting people underneath you who give you a slice of whatever they sell. And if those people underneath you recruit more people, you get a piece of their sales. Ideally if you big enough pyramid underneath you the money will roll in without any work on your part. Failure to see any profit will be your fault for not "wanting it enough." The companies will claim that you need to buy their extra training modules or webinars to really start selling. But in reality, the vast majority of people who buy into a MLM won't see a cent. At the end of the day all you'll be doing is annoying your friends and family with your constant recruitment efforts. What to look out for: Recruiters love to be vague. They won't tell you the name of the company or what exactly the job will entail. They'll pump you up with promises of "self-generating income", "being your own boss", and "owning your own company." They might ask you to read books about success and entrepreneurs. They're hoping you buy into the dream first. If you get approached via social media, check their timelines. MLMs will often instruct their victims to pretend that they've already made it. They'll constantly post about how they're hustling and making the big bucks and linking to youtube videos about success. Again, all very vague about what their job actually entails. If you think you're being recruited: Ask them what exactly the job is. If they can't answer its probably a MLM. Just walk away.
You should generally avoid answering or engaging with random phone calls. Picking up and engaging with a scam call tells the scammers that your phone number is active, and will usually lead to more calls. Tax Call You get a call from somebody claiming to be from your countries tax agency. They say you have unpaid taxes that need to be paid immediately, and you may be arrested or have other legal action taken against you if it is not paid. This scam has caused the American IRS, Canadian CRA, British HMRC, and Australian Tax Office to issue warnings. This scam happens in a wide variety of countries all over the world. Warrant Call Very similar to the tax call. You'll get a phone call from an "agent", "officer", "sheriff", or other law enforcement officer claiming that there is a warrant out for your arrest and you will be arrested very soon. They will then offer to settle everything for a fee, usually paid in giftcards. [Legal Documents/Process Server Calls] Very similar to the warrant call. You'll get a phone call from a scammer claiming that they are going to serve you legal documents, and they will threaten you with legal consequences if you refuse to comply. They may call themselves "investigators", and will sometimes give you a fake case number. Student Loan Forgiveness Scam Scammers will call you and tell you about a student loan forgiveness program, but they are interested in obtaining private information about you or demanding money in order to join the fake program. Tech Support Call You receive a call from someone with a heavy accent claiming to be a technician Microsoft or your ISP. They inform you that your PC has a virus and your online banking and other accounts may be compromised if the virus is not removed. They'll have you type in commands and view diagnostics on your PC which shows proof of the virus. Then they'll have you install remote support software so the technician can work on your PC, remove the virus, and install security software. The cost of the labor and software can be hundreds of dollars. The scam: There's no virus. The technician isn't a technician and does not work for Microsoft or your ISP. Scammers (primarily out of India) use autodialers to cold-call everyone in the US. Any file they point out to you or command they have you run is completely benign. The software they sell you is either freeware or ineffective. What to do you if you're involved with this scam: If the scammers are remotely on your computer as you read this, turn off your PC or laptop via the power button immediately, and then if possible unplug your internet connection. Some of the more vindictive tech scammers have been known to create boot passwords on your computer if they think you've become wise to them and aren't going to pay up. Hang up on the scammers, block the number, and ignore any threats about payment. Performing a system restore on your PC is usually all that is required to remove the scammer's common remote access software. Reports of identity theft from fake tech calls are uncommon, but it would still be a good idea to change your passwords for online banking and monitor your accounts for any possible fraud. How to avoid: Ignore any calls claiming that your PC has a virus. Microsoft will never contact you. If you're unsure if a call claiming to be from your ISP is legit, hang up, and then dial the customer support number listed on a recent bill. If you have elderly relatives or family that isn't tech savvy, take the time to fill them in on this scam. Chinese government scam This scam is aimed at Chinese people living in Europe and North America, and involves a voicemail from someone claiming to be associated with the Chinese government, usually through the Chinese consulate/embassy, who is threatening legal action or making general threats. Chinese shipping scam This scam is similar to the Chinese government scam, but involves a seized/suspicious package, and the scammers will connect the victim to other scammers posing as Chinese government investigators. Social security suspension scam You will receive a call from someone claiming to work for the government regarding suspicious activity, fraud, or serious crimes connected to your social security number. You'll be asked to speak to an operator and the operator will explain the steps you need to follow in order to fix the problems. It's all a scam, and will lead to you losing money and could lead to identity theft if you give them private financial information. Utilities cutoff You get a call from someone who claims that they are from your utility company, and they claim that your utilities will be shut off unless you immediately pay. The scammer will usually ask for payment via gift cards, although they may ask for payment in other ways, such as Western Union or bitcoin. Relative in custody Scammer claims to be the police, and they have your son/daughtenephew/estranged twin in custody. You need to post bail (for some reason in iTunes gift cards or MoneyGram) immediately or the consequences will never be the same. Mexican family scam This scam comes in many different flavours, but always involves someone in your family and Mexico. Sometimes the scammer will claim that your family member has been detained, sometimes the scammer will claim that your family member has been kidnapped, and sometimes the scammer will claim that your family member is injured and needs help. General family scams Scammers will gather a large amount of information about you and target your family members using different stories with the goal of gettimg them to send money. One ring scam Scammers will call you from an international number with the goal of getting you to return their call, causing you to incur expensive calling fees.
Online shopping scams
THE GOLDEN RULE OF ONLINE SHOPPING: If it sounds too good to be true, it probably is. Dropshipping An ad on reddit or social media sites like Facebook and Instagram offers items at huge discounts or even free (sometimes requiring you to reblog or like their page). They just ask you to pay shipping. The scam: The item will turn out to be very low quality and will take weeks or even months to arrive. Sometimes the item never arrives, and the store disappears or stops responding. The seller drop-ships the item from China. The item may only cost a few dollars, and the Chinese government actually pays for the shipping. You end up paying $10-$15 dollars for a $4 item, with the scammer keeping the profit. If you find one of these scams but really have your heart set on the item, you can find it on AliExpress or another Chinese retailer. Influencer scams A user will reach out to you on a social media platform, usually Instagram, and offer you the chance to partner with them and receive a free/discounted product, as long as you pay shipping. This is a different version of the dropshipping scam, and is just a marketing technique to get you to buy their products. Triangulation fraud Triangulation fraud occurs when you make a purchase on a site like Amazon or eBay for an item at a lower than market price, and receive an item that was clearly purchased new at full price. The scammer uses a stolen credit card to order your item, while the money from the listing is almost all profit for the scammer. Instagram influencer scams Someone will message you on Instagram asking you to promote their products, and offering you a discount code. The items are Chinese junk, and the offer is made to many people at a time. Cheap Items Many websites pop up and offer expensive products, including electronics, clothes, watches, sunglasses, and shoes at very low prices. The scam: Some sites are selling cheap knock-offs. Some will just take your money and run. What to do if you think you're involved with this scam: Contact your bank or credit card and dispute the charge. How to avoid: The sites often have every brand-name shoe or fashion item (Air Jordan, Yeezy, Gucci, etc) in stock and often at a discounted price. The site will claim to be an outlet for a major brand or even a specific line or item. The site will have images at the bottom claiming to be Secured by Norton or various official payment processors but not actual links. The site will have poor grammar and a mish-mash of categories. Recently, established websites will get hacked or their domain name jacked and turned into scam stores, meaning the domain name of the store will be completely unrelated to the items they're selling. If the deal sounds too good to be true it probably is. Nobody is offering brand new iPhones or Beats or Nintendo Switches for 75% off. Cheap Amazon 3rd Party Items You're on Amazon or maybe just Googling for an item and you see it for an unbelievable price from a third-party seller. You know Amazon has your back so you order it. The scam: One of three things usually happen: 1) The seller marks the items as shipped and sends a fake tracking number. Amazon releases the funds to the seller, and the seller disappears. Amazon ultimately refunds your money. 2) The seller immediately cancels the order and instructs you to re-order the item directly from their website, usually with the guarantee that the order is still protected by Amazon. The seller takes your money and runs. Amazon informs you that they do not offer protection on items sold outside of Amazon and cannot help you. 2) The seller immediately cancels the order and instructs you to instead send payment via an unused Amazon gift card by sending the code on the back via email. Once the seller uses the code, the money on the card is gone and cannot be refunded. How to avoid: These scammers can be identified by looking at their Amazon storefronts. They'll be brand new sellers offering a wide range of items at unbelievable prices. Usually their Amazon names will be gibberish, or a variation on FIRSTNAME.LASTNAME. Occasionally however, established storefronts will be hacked. If the deal is too good to be true its most likely a scam. Scams on eBay There are scams on eBay targeting both buyers and sellers. As a seller, you should look out for people who privately message you regarding the order, especially if they ask you to ship to a different address or ask to negotiate via text/email/a messaging service. As a buyer you should look out for new accounts selling in-demand items, established accounts selling in-demand items that they have no previous connection to (you can check their feedback history for a general idea of what they bought/sold in the past), and lookout for people who ask you to go off eBay and use another service to complete the transaction. In many cases you will receive a fake tracking number and your money will be help up for up to a month. Scams on Amazon There are scams on Amazon targeting both buyers and sellers. As a seller, you should look out for people who message you about a listing. As a buyer you should look out for listings that have an email address for you to contact the person to complete the transaction, and you should look out for cheap listings of in-demand items. Scams on Reddit Reddit accounts are frequently purchased and sold by fraudsters who wish to use the high karma count + the age of the account to scam people on buy/sell subreddits. You need to take precautions and be safe whenever you are making a transaction online. Computer scams Virus scam A popup or other ad will say that you have a virus and you need to follow their advice in order to remove it. They are lying, and either want you to install malware or pay for their software.
Chinese Brushing / direct shipping If you have ever received an unsolicited small package from China, your address was used to brush. Vendors place fake orders for their own products and send out the orders so that they can increase their ratings. Money flipping Scammer claims to be a banking insider who can double/triple/bazoople any amount of money you send them, with no consequences of any kind. Obviously, the money disappears into their wallet the moment you send it.
I keep hearing "Deflation before massive inflation"
So what can we do about it? Any ideas are welcome. It has a lot of "what if's"... It depends how tax and law play out with it.Historically speaking:
Commodities and things people use every day become expensive,
Luxury goods fall in value.
Inflation wipes out all savings, there is often a rush to spend money while it has value. "Bank runs" and "Bank Bail in's" where the bank will limit your withdraws to prop up the bank temporarily. Sure here the FDIC may insure it, but its nothing if your money is losing value by the hour and it takes months to get it actually into your hands. And many countries have issues with a person holding cash..."You're automatically a drug dealer! >your money is now drug money! >Asset forfeiture" ...I cant count how many times this happens.
People yell " physical gold and silver!" ... yeah, those do hold value well, however the gov does tax that at 26-30% when sold, and will often ban its use in dire times. ....huge grey / pirate area.
Mining stock is the same in the tax range, and nearly anything you "resell", imposed taxes and royalties can be added leaving you high and dry.
Precious metal holdings have been banned in the past, even here in the USA...aka Government confiscation.
Nationalization of Precious metals mines have happened.
Edit: I now realize there are many ways stocks can play out.
Real Estate will raise in value hugely, However so will the taxes, longer contracts at fixed rates benefits the lendee.
Things that you use, if you can stock or invest in it.
-I stock bulk diesel for my cars while following historical averages to buy cheap.
-Rotating food stock
-Extra maintenance items, including the big things like a roof on your home if its coming time. Not joking I have a spare water heater and backup heating options, along with minor parts and filters to fix them. Same with cars and engines, (spark plugs, filters (all different filters), oil, cheap sensors that usually go bad and are only 4-10$ each, 1-2 extra alternator per vehicle, belts, mowing belts, bearings, grease, ... and I've literally had to use everything on that list and reorder.)
Things that directly pay you back or are insurance. Saving money is making money.
-Security, Locks, Alarms, Cameras, people steal.
A deep freezer for instance can stock food you use and buy on sale.
Solar energy and solar heating supplements energy you use anyways
Rainwater can be collected and used rather than buying from a source.
A cooking gadget vs eating out.
Tools and learning to fix things vs hire.
House insulation.-Better insulative windows, and sealing.
Bidet on toilet (lol serious though...)
Your education can be a huge one, not just for prepping but also in your work.
Things that prevent rot, fire, flood / humidity, or failure. Humidity is a silent killer to many preps. (water sump pumps, dehumidifiers, leak prevention, fire extinguishers / sprinklers, )
Things that last and can be resold on the street if need be. This list can be huge, you have to balance it with liquidity, what you use but can also sell before it goes bad / fails.
Honestly and unpopularly, Things that can avoid tax when the price inflates out of control and you wish to sell. The numbers can be so distorted in both price and taxing of income. Eggs for instance, in many countries from Weimar Republic of Germany to Venezuela, increased 15,000%+, So that $15,000 egg / $150,000 dozen that you sold from your chickens gets taxed in the highest tax bracket? (which can go into the 90% range if rules aren't changed for the massive inflation) Taxes usually try raising during this and many companies flee the country, add robots / machines, or downsize as the result of more taxes making work and jobs even more of an issue. .. honestly history shows the whole thing being a cluster-duck in so many ways. Alternative currencies pop up, actual trades happen and go unreported, crime even shifts when things get too bad, again with Venezuela, I read that criminals were moving to other countries because the people were too poor to even make anything robbing! You can also have a business where you write off so many things that you would use anyways. The numbers get... err... odd, play the game.
It is usually around 10 years of chaos before things start "stabilizing." and even then, so much damage has occured.
This is a serious thing that has happened to once prosperous people / civilizations in the past...don't think you're exempt, especially when the numbers are at historical limits in many countries. Invest in yourself and what you use regularly.
Leveraging the stimulus check into a house/car/girlfriend
Open the credit karma app
Get a 60 month, $5k loan for "a large purchase", invest it in btc
Invest next month's $1,200 stimulus check in btc
Sell $100 worth of free stimulus btc each month for monthly payment
In a year, sell enough of the 0.45 btc you bought to pay off the loan
30k bitcoin will net you $10,000 out of thin air / 80k btc = $37k profit / 125k = $60k profit Borrowing for bitcoin is nothing new, but the stimulus check presents a great opportunity to leverage government money for a year for free. Unless you desperately need the $1,200, the opportunity cost of using the money for something else should be huge. This could easily pay off your crippling debt or get you a down payment on a house. Also, I'm thinking it could be possible to refinance the loan with a crypto lender like blockfi, so I can pay off the loan in bitcoin and avoid triggering a capital gain tax from converting it back to dollars. Is that legal? Or would I still have to pay capital gains even though I didn't convert it back to USD and never technically sold it?
If you're on reddit you're probably a millennial or gen z and you're likely gen 1 or gen 2. Most hmong parents arnt the most financially savvy people out there so I thought I'd post this in hopes that it helps some of yall out. The current situation should be reality check that highlights 1 thing for our generation: Have enough cash and investments to support yourself If you're a millennial this is probably the 2nd major recession in your working career, all within the span of less than 15 years. If you're just entering the job market then prepare for losses, wage cuts, uncertainty and wage stagnation for perhaps years to come. Recovery will happen, but unlike the stock market the economy usually lags.
Save enough cash to support yourself - 3 months minimum
Savings: At a minimum you should have enough cash to cover 3 months of costs in case of job loss. However, this is really the minimum you should strive for before thinking about investments. I'm personally more comfortable with 5-6 months of expenses and even more if you own a house.
401k, HSA There are probably more plans out there but these are the two most common. You should be maximizing your contributions up to whatever the company match is. If you're young and healthy, you may want to think about actively managing both and changing the funds to support higher growth.
401k: Contribute up to the company match. 401k is funded by pretax money and the company match is all free money. If you dont think you can or have the time to beat the match, then leverage 401ks to the maximum. Don't have enough to contribute? Each raise you earn increase your 401k contribution to whatever your raise is. Should you contribute the yearly maximum? It depends on the match and if it's worthwhile. 401ks are a money jail so it's not worth-while to simply invest more if it does not earn you additional match money. There are better ways to invest your money. Which fund should you choose? Again if you're on the younger side, you should probably be in 90% or more in stocks. HSA: If you're young and/or healthy then you will want to maximize you're HSA contributions. This money is yours forever and often comes with a company match. After meeting the minimum account balance you can invest any additional contributions, just like your 401k. You'll always have both accounts and the government has made it clear that they will waive penalties for withdrawals in cases of crisis like covid.
Roth IRA and Brokage accounts
Fully vested in 401k and HSA? Roth IRA and brokage accounts may be what you're looking for. Both Roth IRA and brokage accounts allows you to invest in individual stocks. What's the difference? Roth IRA gains are tax free but you arnt allowed to withdraw gains without paying a penalty and taxes until you reach retirement age. You can still pull out what you contribute at any time. A brokage account allows you to pull your gains and contributions out at any time, but any gain on any sale is subject to tax, regardless if you withdraw from your account or not. The general advice is if you're investing for retirement, go with a roth ira and contribute the maximum you can each year, then fund your brokage account with any extra. If you're investing to gamble or to try and earn extra cash, a brokage account gives you more flexibility on managing your earnings. I use my Roth IRA as a second savings accounts and invest when I see good entry points. Roth gives me liquidity while also being able to invest, compared to a 401k. The market will only grow, maybe not in the short term with the whole covid recession, but better believe it will in the long term.
FIRE: Financial Independence, Retire Early.
You may have heard of FIRE, but the essence is to become Financially independent and retire early. I'm not a big fan of the following it exactly but I am a fan of being Financially independent enough to not worry about what I choose for work. But if you live FIRE, more power to you. The single biggest costs for most people are their homes. If you can pay off your home early then a large financial burden has been taken care and while you may not be financial independent you will have an extremely large amount of flexibility. If you want to work at Costco, you can! That's what being financially flexible affords you.
Real estate and Land
Yes, some people make bank flipping and renting. But profiting from a flip is estimated to be harder and harder with home prices where they are today. I dont have any expertise here beside just beginning to dive into the indusrty but from what I hear from my builder, realtor and flipping people is that we are expecting a down turn in home prices in the 2nd half of the year if covid continues to decimate the economy. Low interest rates however may offset some of this in the short term. Right now it's still a sellers market but high end houses are sitting.
Points, points, points..seriously there's no other way to buy than with a credit card, not even mentioning security benefits. Cash, debit cards, PayPal, bitcoin, all worthless when compared to credit cards. Use credit cards to pay for everything you can. If you're not disciplined enough, don't open cards to every department store either, you're get a credit hit if your credit is accessed too often and it becomes difficult to manage after too many cards. Look at cards that provide the most points for your dollar. Cards that allow you to transfer points to partners often yield even more savings, especiallyon things like travel. Chase cards are great and Freedom is a great first card to have. The key to credit cards is not to spend what you dont have and to pay off the STATEMENT BALANCE every month. To avoid interests, you need only pay off the STATEMENT BALANCE and not the full balance every month. Never take credit card loans or get into credit card debt, it's going to be a bad time.
Pay off debt
There's always a fine line between investing and paying off debt. The debt we're talking about here is debt with relatively low interest rates like student loans, car loans and homes. Anything debt with high rates, like credit card debt, should be paid off immediately. The general rule of thumb is if you can make more investing than the interest rates of the loans, invest, else pay off debt. But, investing involves risk while paying off debt is a sure thing. There's also the emotional factor. Some people don't care about debt because they want to be working their entire lives and are willing to pay it off over the long term, and that's perfectly fine. In that case, invest invest invest. Personally i think there is a balance, I rather be debt free and financially flexible than be straddled with debt. To pay off debt, one of the most popular methods is the snow ball method. The essence of the theory is to pay off the highest interest debt off first. Once paid off, while keeping the payments the same, tackle the next highest interest debt and so on so forth. Eventually you are paying off more and more with the same payments, hence the snow ball effect. Google it for more precise definitions.
Travel, hobbies and enjoying life
Seriously, enjoy your youth, health and life while it's good. Nobody wants to work and save until 65 before you start traveling and enjoying life. Traveling is one of the best things you can do. Having hobbies makes work worthwhile. Good health is worth more than all the cash in the world.
Gambling and options
I dont recommend either, but if you're a gambling man, play options over penny stocks and always double down on 9 or 11...maybe. Just don't bet what you're not willing to lose, and for the love of all that is holy, dont gamble on margin. Disable that shit. You already know all this stuff? Awesome! Help out and contribute. Questions? Post. Wrong Facts? Always looking to learn. Tldr: Save, invest and pay off debt. Also enjoy life, health and youth while you have them.
Hey nerds, Duncan here. You might remember me from last week's DD, in which I argued that a company whose entire business model consists of exploiting the poor is worthy of your totally un-earned NEET bux. In today's not financial advice we are going to talk about the currency without a state, the oldest medium of trade, Scrooge McDuck's drug of choice...I'm talking about gold. Now, there is a reason that commercial advertisements for gold target demographics that we will generously call "unsophisticated". Gold is perfect for short term thinkers/investors because doesn't actually grow in the long term the way equities or bonds do. But to understand the powerful short term play I'm talking about, we need to understand the role gold actually plays in the international monetary system. After WW2, the Allied powers got together and realized that they needed a way to avoid the hyperinflation of 1930's Germany which had led to the war. In order to ensure currency stability the entire world agreed to peg their currencies to USD. And USD would be backed by gold. If one of the currencies was too much in demand, threatening the carefully managed exchange rates, than the IMF would step in and pump or dump the currency until it returned to the right exchange rate. That system worked great until around 1971, when Nixon lost tons of the government's tendies napalming rice paddies. The US government paid for the war with debt, and by 1971, Nixon was afraid of actually getting margin called. So he, with no notice to anyone, announced that the US dollar was no longer backed by gold. Suddenly it was a free for all. The US economy was hit with both high unemployment and high inflation, other currencies floated all over the place. Basically, it was the chaos we have today. So Duncan, you might ask, does anyone buy gold today? Well, almost every central bank in the world continues to hold gold, and lots of it. The reason they do so is the same reason almost all historic currencies were based on gold: that because gold can't easily be printed, it can't be easily be manipulated, and it can't easily be degraded or destroyed. In fact, it's perks strongly parallel those of Bitcoin. In the event of a crisis, a country can liquidate its gold reserves for more currency. This is especially helpful when a reserve currency, or the native currency is in trouble. For example, we see Venezuela, whose own currency is totally worthless, USD reserves are useless due to sactions, and therefore it has turned to its gold reserves to pay for imports of food and medicine. Gold's reputation as a systemic-risk hedge is so great, that in times of market instability or crisis, it actually assumes a negative beta. That is, it moves opposite equities. However because it is an almost fixed quantity asset, it also changes value against other currencies. So, when we have our friend Jerome running his printer like crazy, increasing the money supply at an unprecedented rate, he should be increasing the price of gold, or rather, making the USD/Gold exchange rate higher. In fact, we see that around late 2018 the trump tax cut began to pump more liquidity into an already hot economy, starting a USD/Gold price increase. Likewise, as the world economies look more and more risky, and the world's reserve currency's M2 expands faster than Boogie2988 after a breakup; we should see central banks continue to purchase gold as a hedge against continued economic instability. The Fed has made it clear, that it will do everything possible to avoid deflation. However, after 10 years of historically low interest rates and at times QE, consumers simply have not seen wages or prices increase significantly. So where has that steadily increasing money supply gone? Well, the answer appears to be that some assets are experiencing inflation: Financial instruments, urban housing, medical care, and college tuition--anything that can be funded through cheap debt--have taken the brunt of inflation. Meanwhile the average American consumer can't even find 4 hundred dollar bills to rub together in an emergency. So we can be almost certain that the Fed will keep printing, in the misguided belief that its freshly minted money will eventually trickle down to the American consumer, but in the process the Fed will raise the price of stocks, bonds, houses, colleges, medicine, and most importantly gold. As we have discussed, gold is good for two things: hedging inflation, and reducing systematic risk. And right now, both of those traits are looking very, very valuable. Edit: Since every post I get accused of pump and dump, I will disclose my current related positions: UGLD, and about 1-1.5 oz of physical gold. I include an option recommendation for the algos, but honestly, if you don't know how to gain exposure to gold, this post probably won't help you. 8/1 180c GLD
It started with a sign. It stood at the entrance of the small community simple but clear: Welcome to Freetown. Enter only if you respect the Life, Liberty and Property of all here. Murderers, tyrants and thieves will be shot. The message was a practical one, not inspired by history or ideology but by clarity of purpose. It enumerated the things that would be defended with deadly force and warned away those that would harm them. As time went by and neighbours from time to time suggested alterations or additions to the sign it was always argued that brevity had power. It was unnecessary to explain in detail all the different types of property owned in the community and how it could be destroyed or stolen. It was understood by all what harm to life meant, what need was there to specify differences in degree between murder and assault. Liberty being a more philosophical concept was always harder to define, but all agreed that a good rule of thumb was that if someone came around telling anybody what to do with their property or their life shouldn’t be welcomed and, if telling escalated to threats or orders should promptly be shown the door. In any case even given the small number of neighbours at the time there was never unanimity to change it. If it’s difficult to get a handful of people to agree to anything, it could only get harder as their number grew. Certainly many would have liked to add more rules. Most in the community were Christian and wouldn’t have looked askance at the ten commandments… but freedom of religion seemed to most an important part of Liberty. Remembering the Sabbath, honouring your parents and not coveting could surely be left to individual consciences, whereas stealing and killing were pretty clearly community problems. So after many arguments Life, Liberty and Property remained as the common denominators. In time it grew to be a social contract of sorts, first in an unspoken, implicit way, but later it was written in the rules of the homeowners association which all new buyers and builders had to sign. So in many ways it was far more real a social contract and far more binding an agreement than any constitution ever approved by “representatives” but never actually accepted by the people, never mind all the people. The sign also had a selective effect on new residents. Some did not like the idea of violence, even defensive violence and would rather not buy a house or live in a place that so overtly threatened. The idea of many of your neighbours being armed simply did not appeal to many. Others did not believe in private property, but those that would have unlawfully occupied empty houses thought twice when they saw the sign and headed for easier pickings. Of course there are plenty of rich communists and their lack of respect for private property never stopped them from personally owning it... but this was no luxury community, at least when it started, so politicians and bureaucrats were rare. The first big change came in the police strike and riots. As cops were increasingly paid less, later and in depreciating currency they started to protest more, work less and turn back to some old ways of extortion. Mostly they just did not answer calls, but sometimes when they did they were expensive and less than helpful. So the community was quick to become self-reliant for protection, hiring a private guard for the main entrance and quickly coordinating a group of armed neighbours as backup should it be needed. When the first riots came more than a dozen neighbours stood behind the guard with enough weaponry in plain sight to deter anything short of an army. So the looting passed them by. Car burnings, break-ins, assaults and all types of chaos and vandalism happened in nearby neighbourhoods. The police were busy protesting for back pay. People took note. Similar signs started going up in many communities that had seen the difference between trusting authority and trusting your neighbours. One neighbourhood that actually shared the main road and access, simply asked to merge. Over the years the community would grow to ten times its size. However that was dwarfed by how far its example reached as thousands of neighbourhoods followed it. Actually the neighbours simply could not tell if they were being emulated… or if other people had just followed their own logic and reached similar common sense solutions to simple problems. The second big change came with the banking crisis. As savings were wiped out first by deflation then by inflation the community, just as the rest of the country, had to start saving again from almost nothing. This time they would not make the same mistake again, they would not work tirelessly for years while trusting the government and banks to secure the currency and their savings. They began to use Bitcoin and physical gold for their savings so that they could be personally responsible for the security of their wealth. They discovered another advantage of personal responsibility: privacy. Eventually most trade was done in hard assets and again the example spread far. Government money, fiat money was only used to pay government services… and as the first depreciated the second kept losing quality. “Render unto Caesar the things that are Caesar’s” well fiat money most definitely belonged to the government and they were welcome to have it. Some attempts were made by tax collectors to exact payments in hard assets and in some places they were allowed to do so. Others resisted with more or less force. Soon they learned which places to avoid for fear of tarring and feathering, or worse. Anyone who wanted to keep their property from the hands of the ever more rapacious and bankrupt government also learnt the lesson: keep your real assets in a Free Zone or lose them. It’s not that the government couldn’t muster, if pressed, the force to enter the a Free Zone and loot… but it was rare for a reason: Agents were unwilling to take risks for the meager pay they were receiving so the only way to make it worth their while was to let them share in the spoils. Any illusions that they were law enforcers went out the window after the first few times that happened. Honest cops quit. The ones still willing to loot were viewed by most citizens as what they were, a violent gang. They were too few and too cowardly to face any resistance. Police reform would come too late. Private security backed by citizen militias would prove cheaper both in peaceful and violent times, as well as far more respectful of the Life, Liberty and Property of its customers. Tax income withered. The death spiral was too fast and paralysing for the government to stop. The government would continue to pretend to offer services and a few people would pretend to pay for them. It would become obvious that there was nothing magical about a monopolistic administration that allowed it to build roads or schools more efficiently than local institutions, companies or communities. In fact it was hard to imagine how anybody had thought that the monopoly could ever do so with better quality than what consumers could expect from competing providers. Some people rejected this way of doing things and formed their own socialistic communes, syndicates and associations. Many saw a kibbutz revival in the making. Did people in the Free zones object? No. Live and let live. If they want communal property they were welcome to share theirs… as long as they did not try to take ours. Unsurprisingly most people preferred not to live in a commune. Localism, self-reliance and secure property rights eventually brought unprecedented prosperity, well-being and progress. But that was later, after we survived the invasion...
What A Day: Stitt Down And Shut Up by Sarah Lazarus & Crooked Media (07/15/20)
"If it’s Goya, it has to be good." - Ivanka Trump, violating federal ethics rules
Bean Here Before
With hospitals filling up and businesses shutting back down across wide swaths of the country, the Trump administration seems to have no pandemic strategy beyond sowing confusion and flogging beans.
The U.S. confirmed 67,417 new coronavirus cases on Tuesday, a new daily record. Cases have increased in 41 states over the past two weeks, Texas and Florida each recorded record numbers of coronavirus deaths yesterday, and an influential model now projects a national death toll of 224,000 by November 1.
From here on out, we’ll have to take those updates with a (chunkier) grain of salt. The Trump administration’s move to cut the CDC out of hospital-data collection means that all COVID-19 patient information will be sent to a database that isn’t open to the public. That reporting system is just as cumbersome as the CDC’s and doesn’t solve any of its real problems, but it sure does raise questions about whether researchers, modelers, and health officials will have access to the data they rely on to make projections and public-health decisions. (It also means a multimillion-dollar contract for the private firm TeleTracking, which we look forward to learning is owned by Jared Kushner’s frat brother’s father-in-law or whatever.)
Administration officials have also doubled down on their campaign to publicly discredit Dr. Anthony Fauci. “He has been wrong about everything I have interacted with him on,” wrote White House trade advisor Peter Navarro in a USA Today op-ed, omitting that his favorite expert is literally a guy he made up. White House officials weakly disavowed the op-ed and claimed Navarro went rogue, which is reportedly (you may wanna sit down) a lie. Fauci pushed back on the attacks in an interview with The Atlantic: “I cannot figure out in my wildest dreams why they would want to do that.” An evergreen take.
Meanwhile, life comes at you fast.
Gov. Kevin Stitt (R-OK), who attended President Trump’s rally in Tulsa and rarely wears a mask at public gatherings, has tested positive for coronavirus. “I was pretty shocked that I was the first governor to get it,” said Stitt, calmly reaching both hands towards a hot stove. Stitt has resisted a statewide mask order, and after testing positive said that he’s still "not thinking about a mask mandate at all."
Twenty-five states plus Washington, DC, have now issued mask mandates, with Alabama becoming the latest to do so on Wednesday. Walmart announced that customers will be required to wear masks at all U.S. stores, which could have a ripple effect among other retailers—Kroger has already followed its lead. CDC Director Robert Redfield said on Tuesday that the U.S. could get the pandemic under control within two months if every American wore a mask; that feat would also likely require the federal government to take on a role beyond “hour-long presidential rants in the Rose Garden,” but masks would be a start.
The Trump administration condemned the country to a second surge of infections by refusing to coordinate a national response, leaving even the best state leaders to adopt piecemeal solutions by trial and error. Rather than try a different tack the second time around, Trump has committed to undermining widely trusted health experts and hiding the data that makes even those local decisions possible.
Look No Further Than The Crooked Media
Last week the Adopt a State program sent out our first Call to Action emails, and (without a hint of bias here) Florida crushed it. Team Florida has already raised upwards of $42k to support a Virtual Voter Registration Program—that will help reach 400,000 Floridians, which could cover Trump's margin of victory almost four times over. We'll be sending each state team new calls to action every week via email, so keep checking your inbox and getting those actions done. And if you haven’t already signed up, head on over to https://votesaveamerica.com/adopt and join the thousands of volunteers looking to flip some swing states.
Under The Radar
The new head of the Postal Service has implemented major operational changes that could slow down mail delivery. Postmaster General and Trump donor Louis DeJoy instructed employees to leave mail behind at distribution centers as needed to avoid delaying mail carriers from completing their routes, a change from postal workers’ traditional mandate to not leave letters behind for the next day. DeJoy cited the agency’s need to cut costs, but the decision could chase away more customers and put the Postal Service in a deeper financial hole. It could also prove disastrous in November, when voters could lose access to mail-in ballots due to slow delivery. The Treasury Department has continued to hold a $10 billion emergency loan hostage until USPS gives in to Trump’s political agenda, and Congress has yet to provide additional funding.
Fatal drug overdoses are likely surging during the pandemic. Drug deaths in the U.S. reached record numbers in 2019 after falling the year before, and the pandemic may be worsening the resurgence. A report in May found overdose rates have increased by an average of 20 percent across six states in 2020, and recent drug tests have found a substantial increase in illicit drug use, as well as a geographic spread of fentanyl. Overdoses were increasing before the pandemic, but it’s definitely not helping: Social isolation puts addicts at greater risk, treatment centers have been disrupted, and people who have overdosed are more likely to avoid emergency rooms out of fear of infection.
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Is That Hope I Feel?
SHE’S OUT OF THE HOSPITAL. Leaders in Asheville, NC, voted unanimously to provide reparations to the city’s Black residents. Virginia has become the first state to adopt statewide emergency workplace safety standards in response to the coronavirus. British artist Marc Quinn erected a statue of a Black Lives Matter protester in Bristol, on the plinth that used to hold a statue of slave trader Edward Colston.
It started with a sign. It stood at the entrance of the small community simple but clear: Welcome to Freetown. Enter only if you respect the Life, Liberty and Property of all here. Murderers, thieves and tyrants will be shot. The message was a practical one, not inspired by history or ideology but by clarity of purpose. It enumerated the things that would be defended with deadly force and warned away those that would harm them. As time went by and neighbours from time to time suggested alterations or additions to the sign it was always argued that brevity had power. It was unnecessary to explain in detail all the different types of property owned in the community and how it could be destroyed or stolen. It was understood by all what harm to life meant, what need was there to specify differences in degree between murder and assault. Liberty being a more philosophical concept was always harder to define, but all agreed that a good rule of thumb was that if someone came around telling anybody what to do with their property or their life shouldn’t be welcomed and, if telling escalated to threats or orders should promptly be shown the door. In any case even given the small number of neighbours at the time there was never unanimity to change it. If it’s difficult to get a handful of people to agree to anything, it could only get harder as their number grew. Certainly many would have liked to add more rules. Most in the community were Christian and wouldn’t have looked askance at the ten commandments… but freedom of religion seemed to most an important part of Liberty. Remembering the Sabbath, honouring your parents and not coveting could surely be left to individual consciences, whereas stealing and killing were pretty clearly community problems. So after many arguments Life, Liberty and Property remained as the common denominators. In time it grew to be a social contract of sorts, first in an unspoken, implicit way, but later it was written in the rules of the homeowners association which all new buyers and builders had to sign. So in many ways it was far more real a social contract and far more binding an agreement than any constitution ever approved by “representatives” but never actually accepted by the people, never mind all the people. The sign also had a selective effect on new residents. Some did not like the idea of violence, even defensive violence and would rather not buy a house or live in a place that so overtly threatened. The idea of many of your neighbours being armed simply did not appeal to many. Others did not believe in private property, but those that would have unlawfully occupied empty houses thought twice when they saw the sign and headed for easier pickings. Of course there are plenty of rich communists and their lack of respect for private property never stopped them from personally owning it... but this was no luxury community, at least when it started, so politicians and bureaucrats were rare. The first big change came in the police strike and riots. As cops were increasingly paid less, later and in depreciating currency they started to protest more, work less and turn back to some old ways of extortion. Mostly they just did not answer calls, but sometimes when they did they were expensive and less than helpful. So the community was quick to become self-reliant for protection, hiring a private guard for the main entrance and quickly coordinating a group of armed neighbours as backup should it be needed. When the first riots came more than a dozen neighbours stood behind the guard with enough weaponry in plain sight to deter anything short of an army. So the looting passed them by. Car burnings, break-ins, assaults and all types of chaos and vandalism happened in nearby neighbourhoods. The police were busy protesting for back pay. People took note. Similar signs started going up in many communities that had seen the difference between trusting authority and trusting your neighbours. One neighbourhood that actually shared the main road and access, simply asked to merge. Over the years the community would grow to ten times its size. However that was dwarfed by how far its example reached as thousands of neighbourhoods followed it. Actually the neighbours simply could not tell if they were being emulated… or if other people had just followed their own logic and reached similar common sense solutions to simple problems. The second big change came with the banking crisis. As savings were wiped out first by deflation then by inflation the community, just as the rest of the country, had to start saving again from almost nothing. This time they would not make the same mistake again, they would not work tirelessly for years while trusting the government and banks to secure the currency and their savings. They began to use Bitcoin and physical gold for their savings so that they could be personally responsible for the security of their wealth. They discovered another advantage of personal responsibility: privacy. Eventually most trade was done in hard assets and again the example spread far. Government money, fiat money was only used to pay government services… and as the first depreciated the second kept losing quality. “Render unto Caesar the things that are Caesar’s” well fiat money most definitely belonged to the government and they were welcome to have it. Some attempts were made by tax collectors to exact payments in hard assets and in some places they were allowed to do so. Others resisted with more or less force. Soon they learned which places to avoid for fear of tarring and feathering, or worse. Anyone who wanted to keep their property from the hands of the ever more rapacious and bankrupt government also learnt the lesson: keep your real assets in a Free Zone or lose them. It’s not that the government couldn’t muster, if pressed, the force to enter the a Free Zone and loot… but it was rare for a reason: Agents were unwilling to take risks for the meager pay they were receiving so the only way to make it worth their while was to let them share in the spoils. Any illusions that they were law enforcers went out the window after the first few times that happened. Honest cops quit. The ones still willing to loot were viewed by most citizens as what they were, a violent gang. They were too few and too cowardly to face any resistance. Police reform would come too late. Private security backed by citizen militias would prove cheaper both in peaceful and violent times, as well as far more respectful of the Life, Liberty and Property of its customers. Tax income withered. The death spiral was too fast and paralysing for the government to stop. The government would continue to pretend to offer services and a few people would pretend to pay for them. It would become obvious that there was nothing magical about a monopolistic administration that allowed it to build roads or schools more efficiently than local institutions, companies or communities. In fact it was hard to imagine how anybody had thought that the monopoly could ever do so with better quality than what consumers could expect from competing providers. Some people rejected this way of doing things and formed their own socialistic communes, syndicates and associations. Many saw a kibbutz revival in the making. Did people in the Free zones object? No. Live and let live. If they want communal property they were welcome to share theirs… as long as they did not try to take ours. Unsurprisingly most people preferred not to live in a commune. Localism, self-reliance and secure property rights eventually brought unprecedented prosperity, well-being and progress. But that was later, after we survived the invasion...
Buy some HEX and share this post all over the place, DO NOT let the banker in the photo win today and smoke your money to the point where you are brainwashed that dilution is the ONLY solution through reserve lending practices and printing money to cover the difference as needed. Take your money pay your bills, set some aside to cover unexpected things, and burn the rest into a smart contract, DO NOT let the banks reserve lend any cash you make and dilute the rest worlds potential with it. https://imgflip.com/memetemplate/76993901/Smoking-money Ever wonder why decent salaries is hard to attain? Ever wonder why everything is just a bit too expensive and just out of reach? Ever wonder why governments cannot seem to solve the simplest problems and run of of cash and keep taxing us more and more? Ever wonder why it is just hard to live with any peace of mind? Ever wonder why it is just hard to live, period? Ever wonder why housing prices are out of control? Ever wonder why things are never improving? Ever wonder why a company like TerraPower who has discovered a nuclear reactor design that is hurricane, earthquake, tsunami, terrorist, and most importantly human error proof cannot get one built? 10000x more safe than conventional plants, and much less waste, because they put 2020 engineering into something that others used 1960s technologies with? Yet still cannot get one built? It doesn't even need fuel, feed it the radioactive garbage all that those 1960 reactors shat out and it can output the entire power needs the entire US for 2+ years. Obviously, not one reactor, but INPUT that tonnage of waste will equal power OUTPUT for 2+ years for the entire US. There is a constant squeeze on our potential, our potential is imprisoned, our future is marked for execution by own stupidity and collective ignorance. Ask yourself how many people does it take to screw in a light bulb? "So often times it happens that we live our lives in chainsAnd we never even know we have the key" YES!!!!!!! We have the key!!!!!!!!! THE EAGLES were right, we have the fucking KEY.... to our HEX crypto wallet!!!! What a revelation!!!!!!! Why HEX? Simply just because it has a TROLL mechanism built in. Oh so you have my keys now try and go end stake! LUL! Don't be so chicken sh*(, every dollar I sent to crypto world since Spring 2017 is still there, it has not come back into the banking system. So where are your balls? My first attempt at Bitcoin was done when it was just pennies, no one was around helping out, how to hold it, how to safe keep it, why does my address change, what does it mean, how to I do a wallet back-up, etc, etc, etc, etc, etc, etc, etc, etc, etc, etc, advise from miners just complicated things, no one spoke English, "yes I can have a computer science degree too if I wanted to but I do not want it, you monkey..." I gave up after burning a whole weekend on it. In Spring 2017 when Bitcoin was the price of gold, I put $10 into an ATM and lost it all to fees, miners + ATM! Out of spite in all this I finally burned a weekend and learned how to acquire and secure Bitcoin and other cyrptos, I never knew where out there. My ride has been crazy, I had accounts at Cryptopia, QuadrigaCX, and even crooks at Coinsquare held my coins, luckily, I managed to avoid disaster, all the units I ever exchanged are still around in my wallets. So, what is the fear? Price watching? Care about rankings? Money idle in a bank? Squish, Squish, Squish, Squish, Squish, Squish, Squish. Put 10k in a bank today, 9k of that goes to loan who pays for house reno down payment, house reno company puts money in a bank becomes 8.1k loan for car down payment, car company puts in bank becomes 7.29K loan for some other XYZ for ABC's bank who loans it to... I ran out of variables... and so on and so on and so on. Tomorrow take back 5k from the 10k, where does the money going to come from? Long gone! Oh the bank will just PRINT some more. Squish, Squish, Squish, Squish, Squish, Squish, Squish. Like I said my money has never come back into the banking system, and probably never will, at least I do my part and send the hard PASS in participating in the squishing of our potential and the marking of our future for execution. How many people monkeys does it take to screw in a light bulb? As of 2020, apparently not enough, for now.
It's a common meme that bitcoin is a way of defying authority. Ideas about how it will, in time, replace USD and many other worldwide currencies. How now the world governments have too much power over our lives with the control of the currency and Bitcoin is supposed to change that. I would like to get some opinions on how you see all these happy scenarios unfolding. Specifically, how do you see it becoming possible to buy a house using bitcoin in any forseeable future. The authorities will want to know the origin of money. And for good reason. There would have to be some kind of white listed BTC wallets whose owners are known to the government and these wallets should only have transactions to other white listed wallets. And for these transactions, tax should be paid. The next question might be how does a BTC wallet become white-listed. Again, I suppose, you'd have to pay percentage of the contents of the wallet to the govt. That's the most optimistic scenario I can think of and it still leaves us in a situation where the govt controls which wallets are allowed to remain white-listed and which aren't and for how long. What we do keep with BTC is a constant supply of tokens. But that doesn't mean much if you look at money-printing as a form of taxation. This tax will just get replaced by some other tax on those white-listed BTC wallets. Come to think of it, there is no avoiding the role of government as it currently is. What are your thoughts on this?
The self appointed Crypto Police is nothing more than a front for dishonesty...
The person behind Crypto Police is Paul Cliffe, aka Benj C a fake journalist profile...
The Crypto Police appears to be a self appointed group that apparently calls our bad behaviour and freely attacks people they do not like... But who are they really? Crypto Police is actually someone called - Paul Cliffe, a serial failure and someone who jumped on the Blockchain bandwagon and missed it completely. And yes you know who? You cannot make this stuff up... https://preview.redd.it/j1pdxey2qcr41.png?width=891&format=png&auto=webp&s=5c90e05d33c5a16cefb2c1ed1f97c1cf5c30167a Paul Cliffe is CEO of Block Venture Projects Ltd which is a dissolved company. He claims to be an Investor, have a BVP Digital Asset Fund and work with Family Offices. His profile suggests he fell in love with Bitcoin, but clearly struggled make money from it. As Block Ventures Project Ltd didn't last long. Paul also masquerades on Linkedin as Benj C a journalist, with a degree in english from Cambridge and he wrote a series of pieces and articles that remain libellous and defamatory This is when I first came across him. I have never actually met Paul or done business with him but he claims to have intimate knowledge of my business affairs, finances and company activities. This is the first time I have bothered to reply in any form. So what else does he get up too? His profiles across social media say he is CEO of Block Venture Project, worked for EFG Private bank? He is an Investment Advisor, runs a Fund, works with families, and leads compliance for EFG Bank! Well that is interesting. https://preview.redd.it/ezb55hdltcr41.png?width=899&format=png&auto=webp&s=4aa0a5abc1ae5db49cd81ec2c79e1ccb9f76a918 Apparently Paul is a renowned speaker? An Investment and Financial Adviser who finds it necessary to operate anonymously, under fake names and accounts.. His latest post below as an Investment Adviser 22 Jan 2020... https://preview.redd.it/bdrxp1dxtcr41.png?width=656&format=png&auto=webp&s=f0c3e8f74a4a270739973e459aae12021f9456c3
Paul Cliffe's general profile explains he is an Adviser to Family Offices, and on Linkedin that he works in Compliance are indeed worth looking at closer. He worked for private banks, and apparently ran a Digital Asset Fund - BVP-5? Not mentioned? Ask yourselves, would Family Offices deal with people who have no provenance, have no company, a last four dissolved? Family Office due diligence is extensive, and would he pass? I know how tough and onerous this is, owning a regulated crypto exchange in Malta and having passed UBO's, numerous checks, and had to hired a full team, Compliance Officer, Money Laundering Risk Officer and sit before the MFSA for the VFAA licence. Setting up a fund is equally difficult and expensive. We also work with several families and sovereign funds and in each domain and jurisdiction one operates, your are required to present everything, included audited sources of wealth, make declarations and provide full disclosures. Paul claims to work in Compliance, but he hides behind a fake account, uses fake names, claims to operate a fund, still presents himself at Block Venture Project Ltd although dissolved. he clearly has an odd view of what compliance really means. Paul Cliffe is a close friend is On Yavin, that Paul uses as an attack dog, but at least Yavin although somewhat deluded, has the balls to put his names to things he accuses people of, although just like Paul doesn't present any facts. They scaremonger, make accusations, create the big headlines of Scammer, or Criminal, or Fraudster...but the dog doesn't actually follow through and bite! Both have narcissistic tendencies, they want to draw attention to themselves. But Paul Cliffe thinks he can operate anonymously, lacking both balls and conviction to account for his accusations of peoples apparent fraudulent activities, skirting over details, offering not actual evidence at all. In efforts to damage the reputation and business activities of others. Paul Cliffe's last business Block Venture Project Ltd ended is dissolution. It was apparently a successful digital asset fund. Along with his previous 4 companies, all dissolved. So where did the fund money go? Or is this a facade, no substance, it never existed. Are the companies dissolved because they make no money or is there a tax avoidance thing going on? Did Paul Cliffe disclose this activities to his employers, as he had to have a job, as his businesses never made any money? Does his employer know he uses fake accounts? Attacks people with baseless accusations using a fake name? In his compliance role does his employer know he claims to run an investment fund? Paul Cliffe's latest company dissolved. His 4th. Block Venture Project Wix website is taken down. The company incorporated Feb 2018 was under mandatory striking off 16th July 2019. I was astonished at the number of shares issued 1 billion? Odd for a start up with no business? Here are the others dissolved businesses. When you analyse the details since 2011 non of Paul Cliffe's businesses have filed any actual accounts. In fact all business were dissolved, a mandatory strike off. What this means is the business didn't make money, was left dormant and was starting to cost Mr Cliffe money. Paul Cliffe's business portfolio makes interesting reading. All dissolved and no accounts filed. Another dormant company
Funny how those involved in 'smoke and mirrors' deceit stick together...follow similar patterns, accuse others...
It's a well know strategy of reflection called 'mirroring' used by sociopaths, to accuse others of the things you are guilty of. You could say I am doing the same, however in this case I am merely replying to accusations made. And yes I had the pleasure of working with two sociopaths i ejected from my life who spend time attacking everything I do. But hey, that's life. In a similar fashion to Cointelliegence Ltd owned by On Yavin, the various businesses remained dormant for a number of years. Cointelligence trades in the UK, but has no income it seems nor has it filed any accounts. When you search Paul Cliffe on Companies House these are the only businesses that come up, but there are no actual accounts filed? Why is that? How does Mr Cliffe make money and where does he pay his taxes? The same questions I ask of Mr Yavin? Why the secrecy? Why can we not find your accounts, given the rest of us have to comply with UK companies law? People is glass houses and all that... Questions remain. In the last decade how has Paul Cliffe made a living? As his fake name Benj C does he make money from being a journalist, or hiding behind Crypto Police. Hiding being the key word here. And what is his real relationship with Mr Yavin?
Facade, veneer, smoke and mirrors
So we have two people Paul Cliffe and On Yavin who present themselves as successful business people, clean as a whistle, as they take the morale high ground. But when you poke it, you find it is a facade. Paper-thin veneer of smoke and mirrors. Of dormant companies, the optics of tax avoidance, business that make no money, no filed accounts and no taxes paid . yet they accuse others of far worse. People are concerned if they speak up they too will be attacked. At CC Forum Max suffered the same threats and had no option but to let things get out of hand which hurt our industry and made us look bad. Should you trust anything Paul Cliffe or come to that On Yavin write about, say or do? I say only this. Ask to see the evidence.
My wife (32F) is threatening to leave me if I (30M) don't get what she considers help for my depression. This isn't the first time she has threatened to leave me.
This is going to be a long post. I met my wife online 8 years ago. We lived across the country from each other and kept a long distance relationship going well, and go the opportunity to see each other every few months for weeks at a time. We would fall asleep on Skype together every night, text each other throughout the day, and phone each other when we had time to talk or wanted to play games together. In 2013 after a year and a half of dating I asked her to marry me and she said yes. I was overjoyed! I had spent my highschool years as the guy that everyone avoided because my mother had been sending me to therapy for over 10 years for issues that may have been real at the time of my childhood, but regressed as I grew into adulthood. I would routinely take a cocktail of 8 different medications in the morning and before bed, and my friends are the time would better describe me as a zombie over a functional human being. I had issues holding conversation, would regularly space out, could not perform sexually, and could not get good grades in college. After I got married to my wife, we got an apartment together, and I stopped my medication cold turkey of my own volition. I was a new man, I no longer any of my previous issues and I felt free and full of life. I never resented my mother because she only had my best interests in mind, and was not doing sending me to therapy and keeping me medicated for her own peace of mind. My parents gave me a great life growing up and gave me everything I ever wanted, being from an upper class household, they bought me a brand new car for college, anything I wanted growing up, and would support me financially on almost anything I wanted within reason. My college was fully paid for and I went to one of the best private schools in the area while growing up. I had been to every continent in the world, visited tons of grand architecture and theme parks, and seen so many wonderful things, and I was looking forward to sharing that life with my new wife. My wife did not have the upbringing I did. She was the second oldest of 6 children. Growing up, she did not get any luxury. From having to work a summer job to buy her own school supplies and clothes, to dealing with an elder brother that sexually assaulted her every month while her parents slept, to a junkie father that would work odd jobs only to get money to get high, and a mother that worked 3 jobs to keep a roof over her children's head, her child hood was not easy. Her parents got divorced when she was 17, after being together for 23 years. Her father never gave her any love despite her efforts, she would regularly make love notes and lunches for him growing up, only to find them crumpled up and thrown in the trash and never responded to. Her elder brother would force her to give him oral at least a few times a month from the age of 15-16 while everyone in the house was asleep. Her father left and had no contact with her since she was 19, only showing back up in her life for our wedding, just to disappear again. He hasn't spoken to her in 4 years now. Before we got married, I flew out to meet her, and we packed up everything she owned and put it in her car. We drove 2900 miles across the US to move her into our house with my parents, and after we got married, my parents paid for us to get an apartment near their house. We were so happy! After we moved in together after getting married, we both were young, only 23 and 25. We worked fast food and don't have a lot of money, surviving on only a hundred dollars of food a month. But, because we were together, everything was ok. Or so I thought. My wife has constantly struggled with insecurity since we got married. We made sure when we got married that we would keep our finances separate. She was a bad money manager and didn't want to "ruin me" like she had ruined herself. She would break down sometimes for no reason begging me not to leave her, and I have never done anything to make it seem like I was. My parents decided that since I had gotten married and was doing OK, they were going to give me part of my inheritance up front. I took this money to pay off all our debt, I paid off half her student loans, and I would take care of any issues that came up for her that she couldn't handle without complaint. She crashed her car, I helped her buy a new one, she couldn't pay a bill, no problem, I've got her covered. Anything she felt she couldn't handle, I was always right there to support her. Near the end of our first year together, my wife for some reason had reached the end of her rope. If we didn't move out of the big city where she didn't have any friends or know how to get anywhere, she was going to leave me. It wasn't me, but she said was devastatingly homesick, and said she couldn't live here any longer. She had made a real home away from her parents at her college town, and her best friend of 6 years lived there, who had supported her through thick and thin. Despite my aversion to this at first, I could tell that moving back home where her best friend lived and what was familiar to her was important. After 2 weeks of talking about it, I agreed to move with her back to what she considered home. My parents were planning to move around this time as well, as they no longer had any children and we're looking to downsize their home. So, for her, I left my hometown of 25 years, and all my friends that I grew up with. My parents gave me money for us to buy our first house, and another 30 thousand on top. My wife and I found a nice 3 bedroom, 2 bathroom single family home, and bought it outright with cash. Because there was money left over, we used that for moving costs, and I began searching for a job I knew I would enjoy, while living off the interest on my savings. We were working on having a child and I knew that a kid was going to be expensive, so I was trying to make sure we had the money to support our child, and I could still make my wife happy. In 2015, 2 years after we moved into our house, my wife said she was going to leave me again. Despite her only ever needing to pay her bills (she had gotten herself into more credit card debt), despite her crashing another car and me paying a $5,000 down payment to buy her another new one (she had to get a loan out), despite me spending time with her every night and never going anywhere without her, taking her on trips and little date nights to make her happy, she was threatening to leave again. A month after her telling me this, my father passed away from early onset Alzheimer's. I was having a rough few months. We were having trouble conceiving and she was having severe body confidence issues. She was convinced that before I left her for someone else, she was going to have to leave me. Since we had gotten married, she had gained over 100 pounds, and I had never made an issue about it, other than showing concern for her health (her family has a history of diabetes and heart disease). She said that despite me continuing to support her in all her hobbies (she likes dancing and volunteering at the pet shelter), me not having a job was stressing her out because she wasn't sure that I could keep helping her. Despite my reassurances, she believed that I was going to leave her for someone better, and that she needed to leave before I did. No re-assurance I gave her would stop her from believing that I was going to be gone the next time she came home from work. She started self harming. When she was younger, she frequently thought that the reason that her mother was never around, her father left, her brother abused her, was all her fault. Hurting herself made her feel like she was being punished, and that her sins were being forgiven. Her church growing up was very abusive. They would make people stand up in front of the entire congregation and "confess" their sins in front of everyone. When she had premarital sex with her first boyfriend, she almost killed herself after when her mother found out and made her "confess" to the congregation. She hospitalized herself with a suicide attempt after this happened, and has never respected her mother since. I called up our PCP and told her that my wife dseperately needed help. After an appointment, blood work, and a CT scan for the issues with concieving, she was diagnosed with Severe Depression, Insulin Resistance, and PCOS. She was put on medication and around this time I had found a job, so I told her that she could cut back on her hours and I would start helping her with her bills. We also started looking for a therapist for her. She started going to the therapist and she seemed a lot happier. We were having fun with friends again, and she felt like the happy, bubbly woman I married again. In early 2016, we got great news! We were pregnant! Because I was making enough money at the time to pay her bills and mine, she was able to only work 20 hours a week through her pregnancy, and then her job gave her 6 months leave when the baby was due. While she was a few months along, she unfortunately got into another car accident, and so again, I helped her buy a new care, this time a minivan, because she wanted it for our kids. She was going to pay for it again, because she said she was tired of me paying for everything for her again. I have no issues with this as I never have, because whenever I try to pay for something, she doesn't let me. When we had our child, I had saved up enough money to start my own business. Using the money I had saved, I started up a computer system building company, and servicing the local area, I was able to be home a lot more than working my job, and still make the same amount of money. The business started doing extremely well, and I hired a few employees and a friend of mine to work for me, letting me spend more time with my wife and newborn daughter. Then, we started having problems again. My wife was in a lot of credit card debt from not managing her money ($30,000), and she had been hiding it from me. She was having issues breastfeeding our kid and would break down for hours at a time over not being able to do it. She was diagnosed with post-partum depression and started going to a different therapist. I wasn't making enough money for paying for our insurance, electrical, car payments, taxes and the credit card debt she had built up. I was upset, but it's extremely uncharacteristic for me to get mad about money, because I have always had money. I offered to use our house savings (we were saving up for a bigger house to have more kids) and pay off her debt again. She said no. She decided she was going work full time again. I helped her get a debt consolidation loan for her cards, and she began working full time while I took care of our daughter. This was in the beginning of 2017. Towards the middle of 2017, our life was going great. My business had taken off, and I was making $10,000 dollars profit a month. I had gotten early in on cryptocurrency back in 2013, and was riding high on the bull run from Bitcoin. My company made crypto mining machines due to having a ton of stock from system building, and we were selling those for record amounts. My wife had cut down to part time because I could afford the extra to help her bills, and she could spend more time with me and our daughter. Things couldn't of been better. Then in 2018, the crypto market crashed. My cryptocurrency that had been worth almost $500k crashed down to $60k of value in the span of a month and a half. I had to start selling it to pay off debt the company had taken on to expand, or else it was going to hurt me more. But I kept holding onto the majority of it. I kept my business running, but things were winding down because the crypto run was over. We were operating on razor thin margins. In May of 2018, I stopped paying myself while still running the business to make sure I could keep paying my employees. I was still getting a stipend from investments every month in the amount of a few thousand, so I could afford to not pay myself. I was still taking care of my daughter, but my wife had to go back up to full time. I started looking for jobs, figuring with my 2 associates degrees and my master degree, I could get a good job easy. In the beginning of 2019, I found out my wife had gotten another $25,000 of credit card debt she was hiding from me. She was eating out daily, bringing home for us to eat, and telling me she was making enough money to afford it. She was now up to almost $45,000 of debt, not including her car. I was upset. I told her she can't keep spending money like we have millions. My business wasn't going well, and we needed to cut back our spending so we can get a bigger house to have another kid like she wants. She broke down again. She admitted she had a money management issue. She locked all her credit cards up in the house safe, and she agreed to only spend money off her debit card. Then, the trade wars hit. Our stock account took a huge hit, and because I didn't have strong hands, I sold, at a loss of almost $55,000 dollars. Our stock brokerage trading account that had almost 70k of assets was only worth around $15k dollars. I no longer had the money to cover paying off my wife's debt in an emergency. In April of 2019, we just received our income taxes, due to my losses from last year, and reduced income, we were due back a large amount. I had unfortunately cut down the business to only myself working for it, as the company still had debt that was used a few years ago to expand to pay off. I still have kept the business operating, unable to pay myself for close to a year now, having to sell crypto to cover bills when business wasn't good enough. The first day of May, I took this money and put it back in the stock market, but due to weak hands again, I lost 60% of it again before the markets rebounded. The trade wars had taken a ton of my wealth again. Our brokerage account was now worth less than $10k, and I withdrew the rest to put it into my checking account. Over the past 6 months, I've had to sell off all my remaining cryptocurrency. I have none left. I have to continue running my business in it's dilapidated state, only making enough to pay the bills at the end of the month. I have gotten down to my last $5,000 in cash, and my monthly inheritance stipend, barely pays the bills for the house. All of the money my wife makes goes to paying off her credit card debt, her student loans, and her car payment. When she comes home, she sits down and plays video games while letting our 3 year old run wild and destroy the house while I sleep. We are trying to potty train, but that's not going well, and when I'm sleeping, our daughter will routinely use the bathroom on the floor then smear it on the walls. My wife will not always notice, and I will wake up having to clean up shit off the walls. I have been breaking down nonstop. I cannot handle the level of stress I have been having. I have interviewed for 12 jobs in the past 6 months, and not gotten hired. I have applied to over 30. I have lost over $100k of our savings in the past year alone. I never get to see my wife because when she is working, I have to take care of our daughter, and when she gets home, I have to sleep so I can make sure I'm able to work while they are sleeping, because I am unable to work while they're both awake. I make it a priority to make sure I spend a few hours with my wife and daughter a day, so they have time with me. My wife has not been a responsible adult for months now. She doesn't do her small part of the chores, which is simply do the laundry every week. Every week I take out the trash, clean up the yard, do all the dishes, cook dinner daily, vacuum the house daily, clean up my daughters shit and piss off the floor daily, clean up the mess that my daughter makes when she's playing. We recently found out my daughter is going to need speech therapy. Our house looks like a disaster zone. Our PCP said the speech therapist will come to our house to make it a more "secure environment" for our daughter to get help in. I'm terrified that we're going to get social services called for the state of our house and lose our daughter, but I physically cannot keep up with keeping it clean by myself, because every time I clean something, something else gets destroyed because my wife doesn't watch our daughter. My wife will throw trash on the floor in the house. She won't pick up dishes. She won't clean up the toys or help our daughter do that when I'm sleeping. There is shit caked on the wall in the nursery because almost every day I can't find it all and clean it all up when my daughter is awake. I cracked. I cursed at her for the first time in my life. She broke down, she said she's been so stressed and she's trying. I understand how it is to be stressed, I'm stressed too, but I said we need to try harder for our daughter. I told her I don't want to lose her. Then 2 weeks ago, a text sent late. I'm sure everyone heard about the Verizon bug where texts got send late. You can read about it https://www.theverge.com/2019/11/7/20953422/text-messages-delayed-received-overnight-valentines-day-delay I had an old text get sent that said "Do you still need me?" My wife thought I was going to commit suicide. She said that if I don't get help she's going to leave me and take our daughter with her. She didn't believe me when I showed her the text issue. She says I've been having depression issues for months, and that she's been asking me to get help. She said her therapist has been telling her for months that I need to go get help, and that the idea to threaten to leave me was her THERAPIST'S IDEA, because that threat has MOTIVATED ME BEFORE. This made me extremely upset. I tell her the same thing I did every time, unless they are going to give me a well paying job or hand me a million dollars, therapy is not going to help me. But I need advice. I love my wife. I have no reason to leave her. In the almost 8 years we've been married, I've never told her I was going to leave her. I pointed this out to her, she still says she can't trust me when I tell her that. I told her why am I being punished for her insecurity. I have done nothing but try to give her a great life. Yes, we've been having a hard time with money for the past year, and I've been very frustrated, but all couples have issues throughout their relationships. She says she doesn't want our daughter growing up hearing her daddy talk about suicide and her maybe hear that. I'm just trying to figure out how to handle this. I have friends telling me I should leave her. I don't see why I should. I love my wife. I would never leave her, and I feel like now she needs help again. She has gotten happier in person or at least it seems so, but her therapist telling her to threaten me to make me take action seems like a flag for her therapist. But she likes her therapist and likely wouldn't listen if I asked her to find a new one. I asked her to get therapy when she was severely depressed because she didn't seem like the woman I fell in love with anymore. Maybe part of her has come back, but the woman I fell in love with wouldn't be so irresponsible with our daughter, and wouldn't ignore her chores like she does. I just don't know what to do. I'm scheduled to see our PCP in Janurary for depression, but I don't think it's going to go like she expects, and she hasn't set any expectations of what she's expecting me to get out of this. She says I'm not the man she married any more, but of course I'm not when I'm broke and at the end of my rope with trying to find a job. I feel like anyone would be frustrated and upset if they were in the same position as me. Every day I wake up, work for my failing business that doesn't pay me, take care of my toddler while my wife works, and never get to do anything fun with my family because we have no money and no one will hire me. I just don't know what to do. I don't want to lose my wife. I have sacrificed so much for her. I want to make her happy. I want my daughter to not have a broken family like my wife had and grow up happy. After her threatening to leave me again, it feels like she doesn't need me anymore. It hurts me severely that she can say that so easily after everything I have done for her. I know she is stressed, and I feel like her saying she's going to leave me helps her cope somehow. I'm resenting her still seeing the same therapist, giving her advice on her home life off my wife's singular perspective. I just don't know what to think anymore. I want to make the people I love happy.
The Lemonade Stand: A (Head-canon) story of LibUnity
The Lemonade Stand: a LibUnity story Allies: Miles Clarence Pinnacle II: Sixteen-year-old heir to Pinnacle Products™, dashing, incredibly driven, lazier than a sack of bricks at anything NOT having to do with $$$, not Jewish, skipped a grade and won’t let anyone forget, dirty™ capitalist™ pig™, somehow likes every genre of music at the same time???, American™ dream, SO. FREAKIN. EXTRA., genuinely wants you to follow your dreams and be happy by spending your entire life acquiring wealth, somehow hasn’t gotten punched yet, “patron of the arts” because Salvator Mundi just sold for $450 mil, “buh-buh-buh-buh-BITCOIN!”, wants to be Elon Musk but unironically, raised by 4chan, “God says no, market sells yes”, duality of man, slacks, button-up shirt, vest, Rollie™, sunglasses, the most pretentious shoes you’ve ever seen Leslie (couldn’t afford a middle name mate) Jones: “it’s shite being” British-American, one ethnically crooked tooth, can’t find a consistent ideology, Sex Pistols, petty theft, titty pills, anarchism, fan of the Sex Pistols, sailor mouth Victorian taste, likes incorrectly using British slang, listens to the Sex Pistols, “too nice :)”, makes a really good hummus because it’s not her native food, as “free range kid on free range food,” Oi!, 17 “but I’m not like those other wankers,” the same Sex Pistols shirt everyday even though it has a massive hole in the right arm-pit, always wears union jack bandana, two bits over a meter and a half “tall”, messy brown hair, flower skirt, did she mention she likes the Sex Pistols?, light brown eyes, worn-out chucks, bollocks Mr. Miles Clarence Pinnacle I: America! capitalism, America! sport/s, America! my beautiful family, America! Pinnacle Products™, America! Mrs. Julie Winter Pinnacle: “Sweety have you tried my homemade casserole? All the girls at Bible study loved it! Do you go to Bible study dear? Oh, you should join us next Sunday! Barbara does such a good job at leading discussion about ʰᵒʷ ᴶᵉˢᵘˢ ᵈᵒᵉˢⁿ'ᵗ ᵃᶜᵗᵘᵃˡˡʸ ᵐᵉᵃⁿ ᵃˡˡ ᵗʰᵉ ʳᵃᵈᶦᶜᵃˡ ᵗʰᶦⁿᵍˢ ʰᵉ ˢᵃʸˢ… Belligerents: l e m o n s, first quarter, moral ambiguity, U.S. housing market Scene 1:Sunny American day in a sunny American neighborhood. Fourteen-year-old Miles Clarence Pinnacle II sets up a shabby lemonade stand (seriously Miles, a lemonade stand? Aren’t you a little too old for this?) (“Money’s money baby 😉”) across the street from a construction site, hawking his newest Pinnacle™ Product™ (or as I like to call it, his newest get-rich-quick scheme) (“Hate the man, not the hustle baby 😉”). Whatever, let’s just see how the market reacts to his newest… hustle. Miles:shouting with comical gesticulation Lemonade! Get your lemonade here! Nothing better after a hard day’s work than a nice, tall, refreshing glass of ice cold… ooo, hear those ice cubes tinkling it’s like straight out of a commercial people… and it’s so uh… refreshing, you wouldn’t believe me unless you tried it yourself! And just think gentlemen, this beverage, this… Pinnacle™ of refreshment can be yours, and only yours, for two small payments of $.50. Truly, this miracle of capitalism could only happen in a land as beautiful and free as the U. S. of A. Now, which one of you lucky gentlemen will be the first to try… Construction worker:gathered around an Igloo™ water cooler Go home Miles, your lemonade sucks. Miles:indignant Hey! My lemonade does not suck! It’s a Pinnacle™ Product™! Construction worker: It’s watered down slop is what it is. I’d rather pay five bucks for water than a dollar for your crap. Miles:dumps out half the glass Care to put your money where your mouth is? Construction worker:raises his third cup of water Nah I’m good Miles. Got all the water I need for free. Miles:grumbling Commie cheapskate. Construction worker:laughs and returns to work Miles:looking down the street for another othersuckerscustomers. Notices a young “girl??” nonchalantly approaching and gestures they/them over Hey, hey, hey, you, kid! “Girl” (maybe?):removes quem’s headphones Who, me? Miles: Well I don’t see any other strapping young men… Leslie: … women… Miles: women this side of the sidewalk, do I? Girl:looks around I… guess not? Miles:puts his arm around her shoulder cause what’s personal space, right? You’re absolutely right! What’s your name kid? Leslie:visibly uncomfortable, but Miles hasn’t gotten the customer satisfaction report yet Leslie. Miles: Well my gender-ambiguous friend, you’ve just walked into the opportunity of a lifetime. Leslie:playing along I have? Miles:with dollar signs in his eyes Absolutely! You have the exclusive hono, of having the first glass of my patented™ home m… assembled! glass of Pinnacle Lemonade!™ A once in a lifetime opportunity that can be yours, and only yours, for one small payment of… Leslie:curtly I’ll try it if you shut up. Miles:silently steps aside and hands her a glass Leslie:s i p p Miles:impatiently Well? How is it? You love it? You love it don’t you? You love it so much you’re speechless. Leslie:grimacing It tastes like, like… Miles: the greatest thing you’ve ever… Leslie: Shite. Miles:the five stages of grief But, but… it’s a Pinnacle Product™… Leslie:tosses it out Tastes like watered-down minute-maid mate. Miles:tries it himself and promptly spits it out. Crashes like the housing market onto the stool, sighing dejectedly Huh…, maybe that’s why I haven’t made first quarter. Leslie:☹ Miles:exploiting™ it I won’t be able to make my first bitcoin investment, and this venture capital failure will haunt my portfolio till the end of my days. My credit will take, I’ll be denied a car loan, potentially rendered homeless… Leslie:rolls eyes anarchically Miles:applying for an Oscar Well, thanks for the feedback. I guess I’ll go back to putting the depression in Depression, broke, friendless, hopeless… Leslie:giving into ancap™ tears™ You know, I have a lemon tree in my backyard, I could bring you some fresh lemons to… Miles:rebounding harder than post-WWII American economy Corner the organic market! Leslie you’re a genius! puts arm around her shoulder again Leslie, Leslie, Leslie, I’m so glad the invisible hand of the market that brought us here together today. Leslie:economically confused It did? Miles: As sure as Adam Smith’s law of supply and demand! Leslie: Who’s Adam Smith? Miles: … >:( Leslie:backing away I’ll just, go get those lemons yea? Miles:frozen like the national unemployment rate ha-ha economic memes so funny She doesn’t know who Adam Smith is. She’s as British as overpriced tea but doesn’t know who Adam Smith is. She probably doesn’t know anything about economics. reflects in smuggling and tax evasion No wonder we revolted. Leslie:returns laden with lemons (try saying that three times fast) Ok! I’ve got them! Miles: Now that’s what I call fast food! Leslie:giggles, dropping all the l e m o n s Oh, sorry sorry! Miles:scurrying to collect future profit No, that one’s on me, I’m a capital pun maker. I inherited it from my dad. Leslie:collecting the lemons for common use It’s alright, at least it was funny. Miles:getting kinda lost in your hazel eyes Leslie, ngl So, uh, wanna come inside and get these squeezed? I mean lemons, squeeze the lemons… you know what I mean. Leslie: Do I? Miles:leading her across the street Let’s hope not. C’mon, I’ll introduce you to the folks. Scene 2:Basically, a Bed, Bath and Beyond kitchen catalog, complete with tiled floor, “Live Laugh Love” signs, and several wine bottles. It’s even got a Golden Retriever named Biscuit. But he’s a good boy yesh you are, yesh you are! Oh yea, and Mr. and Mrs. Pinnacle are here. They’re actually really cool people, if a little American. Miles:barging through the front door with Leslie in tow Mom! Dad! I’m home! Dad:putting down the Wall Street Journal Hey-hey-hey sport, how’s the lemonade stand going?” Miles:with all the false confidence of a failing business We’re venturing into new markets! Mom:wipes off hands on a dish rag Oh, and you brought a friend over! Would you care to introduce us Miles? Miles: Oh yea, Mom, Dad this is Leslie, Leslie uh… Leslie:extending her hand Jones, Leslie Jones. It’s nice to meet you sir, thanks for having me. Dad:shakes her hand. Notices the Union Jack bandana around her neck and decides to get cultural Don’t mention it mate! We’re happy to have you, just don’t tax our tea am I right? laughs in protectionist economic policies. Mom: Miles are you and the queen staying for lunch? Or tea, rather? winking at Leslie Leslie:realizes that Americans have even less subtlety than she expected Dad: Untaxed of course. laughs in Marshall Plan Miles: Sorry mom, my partner and I gotta make first quarter. Dad: First quarter, or the first quarter? Leslie:chuckles Dad:finger guns the one person who laughed at his dad joke Miles: A-ha-ha-ha very funny dad. Just wait until ur next batch of Pinnacle Lemonade™ hits the market. Because you know what’s gonna happen? It’s gonna break the market. And you know why? Because it’s gonna be the best one yet. And you know why? Dad: Because you attached more quality than name to a product? Miles:gesturing between himself and Leslie because it was all his idea obviously, We’ve… got a secret ingredient. Dad: Foreign labor? Miles: No. I’m talking about the best marketing ploy since $.99, “organic.” Show ‘em your lemons Leslie. Leslie:blushingly reveals “her” lemons Dad: Wow, those look fresh, and more importantly, free. “Organic” could work, as long as you’re not false advertising our minute-maid again. Do you have a consistent supply? Miles: We sure do, right partner? Leslie: Uh… yea, we sure do. Dad:getting those proud dad gears turnin’ Well then what’re you waiting for son, time is money! Mom: Feel free to use the juicer Miles. Miles:grabs the juicer then opens the back-door Thanks mom! Let’s go out back Leslie and get lemons juiced! (ok I’ll stop) Mom:gushing as any mother of a friendless child would Oh! It was wonderful to meet you Leslie. You’re so striking I’m surprised I haven’t seen you in the neighborhood before. Do you live nearby? Leslie: Uh yea I live around here yea. Mom: Splendid! Then you simply must come to church with us this Sunday! The neighbors are coming over my signature homemade casserole™ and they have two boys you and Miles’ age that... Leslie:briskly Sorry, my mom and I aren’t big on church. Mom:without missing a beat That’s fine dear, you don’t have to be a believer to go. Why don’t you meet us here at 8 tomorrow, and we can take you with us? Leslie: I don’t think… Mom:places her arm around her shoulder, what’s with Americans and physical contact Splendid! Miles dear, you’ll be sure to introduce Leslie to Hans and Alexy tomorrow, won’t you? Miles: It’s Oliksey mom, and no they’re weirdos. Dad: We’re all Americans son. Miles: Fine. But I don’t think they’re Leslie’s crowd, you know? They’re too… foreign. Leslie:indignantly I can judge their character myself, thank you very much. Dad: See that, everybody’s happy except you Miles. Now, don’t you have money to make? Miles:sweeping her out the door C’mon Leslie let’s goooooo. Leslie:flustered at Miles’ hand position You’d better watch those mitts chav! Scene 3:The suburban boonies, an un-mowed backyard. Leslie’s lost count of how many trials and ERRORS Miles has put her through while trying to find the perfect cocktail. She wouldn’t be as pissed if there was actual alcohol in it, but they’re 14 and Miles wants to get into Yale, so he only drinks Old Fashioneds (as if). Miles:handing Leslie a crystal glass new concoction… whaddya think? Leslie:pushes the headphones further into her ears Christ, Miles. Do I have to try another one? Miles: Oh, c’mon please! This one’s the money I’m tellin’ ya. Leslie: That’s what you said about the last three piss jugs you had me drink. Miles: All part of the capitalist process my dear. Now, if you please? Leslie:takes the suspiciously presentable liquid Oh… bollocks. Leslie:s i p p Hm. Hmm! This is really good! Doesn’t taste like shite this time, what happened? Miles: Four-parts water, two-parts lemon-juice (not his), half part ice, half part sugar, half part mint, and a pinch, a PINCH of ginger. My dear Leslie I present to you, the first ever Pinnacle Beverages Lmt. Product, “The Mile High. Is what happened. 😊 Leslie:genuinely impressed This is really good Miles, and I’m not taking the piss I’d pay good money for this, and that means a lot coming from me. Miles:dollars signs for pupils That’s all I needed to hear, which is why… kneels before her Leslie:blushing like a Victorian aristocrat W-What’re you doing you nuttah! Miles:takes her hand Leslie, I’m prepared to offer you 15, no, 20% stock in Pinnacle Beverages Lmt.™. We’ll make millions Leslie, millions with your organic stock and my technical know-how. Mr. Pinnacle (inside):sees his son proposing to the punk queen Looks like he’s making more than a friend out there honey. Leslie:looks away bashfully Oh yea um,… about that. Miles: We’ll be on billboards across the country! Commercials on prime-time television! We’ll give Coca-Cola a run for their money, we’ll…! Leslie:hesitantly Miles… Miles:checking himself, but not for the right things No, no, you’re right. I shouldn’t get ahead of myself. You were an integral part of this operation and I shouldn’t undercut your contribution, which is why I’m preparing to offer you… retches excuse me, 25% of my company from this day forward. All for the small price of an endless supply of fresh lemons. extends his hand Well friend, what do you say? Leslie:looks at his outstretched hand in guilt I… I can’t. Miles:about to cry Please, please don’t make me say 30%, it’ll break my heart. Leslie: I don’t care about your money, Miles. Miles: Great! 5% then! Leslie:shouting I stole the lemons Miles! Mr. Pinnacle (inside):turning back to his coffee I’ll pretend I didn’t hear that. Miles:incredulous Y-you’re right. This deal’s so good it’s basically stealing. Leslie: NO Miles. I stole those lemons from a house down the street. My flat won’t let us grow stuff in our place, so I come here to… you know, bridge the gap. Miles:pridefully You should’ve told me Leslie. Stealing violates the NAP, but lying violates our friendship. Leslie:prejudicely Pfft. Morality comes easy to toffs living in a two-story house in the when you live in a two-story house in the burbs. Miles:sincerely We weren’t born into money Leslie. My dad started as a door to door salesman before opening his own company with my mom. He pulled himself up by his bootstraps with wit, determination, and a modest business loan. Leslie:rolls eyes impoverishly Miles: I don’t know who you are, where you come from, your religion, your political ideology or any of that, and I don’t care. I wanna be your friend, and that should be enough. Leslie:lowering her guard You’d be friends with a two-bit thief like me? Miles:with reassuring confidence With a resourceful, unscrupulous marketing queen like you? As sure as Rothbard’s critique of central banking I would! Leslie: Still don’t know what you’re on about but, spits into hand I swear by Sid Vicious’ guitar strings I’ll be your mate if you’ll be mine. Miles:spits into his hand as well Deal. On one condition. Leslie: What’s that? Miles: No more stealing. Not when you’re with me. We’re a team now, and we help each other out right? Leslie: Fine. Guess now that I’ve got stock in a major beverage company I can only go up from here. Miles: Only pure profit from here partner! Leslie: Then let’s shake on it. Miles/Leslie (simultaneously):shaking hands At 20%, 30%. Miles/Leslie: 15%, 25%. Leslie:grips his hand You’re supposed to meet me halfway you greedy pig! Miles:grips hers back You’re supposed to negotiate better you snotty welcher! Leslie:grips him harder than the Federal Reserve Halfway Miles, before I unionize. Miles:surrenders to worker’s rights Fiiiiiine, 20%, final offer. Leslie: pops his knuckles Miles:takes his hand back yelping ow ow ow ow ok ok, 25% 25%. Leslie:smirks like the cocky Brit she is Pleasure doing business with you Miles. Miles:nursing his credit card hand The pleasures all mine. Leslie: Wait, if I can’t steal, how’re we gonna get more lemons? Miles: Well, if we factor in the increased cost of production and labor, we have no choice but to double the price of lemonade then use the excess earnings to re-invest... Leslie:gathering the remaining batches Yea, yea, yea I get it whatever let’s go. Miles:watching her with non-economic curiosity Right behind you, friend. Epilogue Allies: Ernst Hansel Gorbach: German-“Bavarian, but there’s only one Germany”-American, son of retired U.S. general and stay-at-home mother, “By the Kaiser!”, the most hardcore Lutheran you’ll ever meet, Aryan poster-boy, bit of a killjoy, surprisingly good singer, “Hitler was a cuck,” would simp for Wagner, slacks and tucked-in button-up shirt, 6’ 2”, “no hand-holding till marriage >:(,” 18, virgin (obviously), rugby, race-realist, HOI4, “wish I was home uniting the German tribes rn” Belligerents: Teenage insecurity Scene 1:Back on the cruel streets of American suburbia. Leslie:packing up the stand I can’t believe it. Miles:flipping through themodeststack of money That capitalism works? Leslie: No, that people bought lemonade for two quid. Miles: Exactly! Leslie:scoffs Selfish cock-up. Miles:shrugs It’s not selfish if people buy it. Speaking of which, here’s your cut. Leslie:counts it multiple times in disbelief (and poor math skills) Blimey, is this all for me? Miles: It’s eighteen dollars, Leslie. Leslie: That’s more than I’ve made all my life! I’m rightly chuffed I am, wait till my mum hears about this! Miles:smiling I’m glad Leslie, thanks for doing this with me. Leslie:returning the smile Happy to help Miles! Let me know if you ever wanna do… this… again. Ernst Hansel Gorbach enters stage right. Leslie:turns away bashfully after being rendered breathless by Aryan Prime Ernst “Hans”el Gorbach:stops his bike in front of Miles Picking up the pieces of another failed venture, eh Miles? Miles: Ackchyualy my dear Hanso, you just missed the opportunity of a lifetime. My newest creation was a tremendous success. Hans:looking at the shabby remains of a shabby lemonade stand before finally noticing the weird flat-chest I’m sure it was Miles. Who’s your newest sucker partner? Miles: Oh, this is Leslie, my business partner. Say hello, Leslie! Leslie:turns around slowly, avoiding his gaze while robotically extending her hand H-hi. Hans:gives her the once-over before gingerly shaking her dirty hand How do you do. Leslie:turns away as her cheeks turn into a bed of roses Miles:oblivious Hanso, I’m telling ya’ man. This stuff we made, perfection man, perfection. Hans:authoritative snort Is that true, Leslie? Was the stuff actually good this time? Leslie: Uh, y-yea. It was. Hans:race realist eyebrow raise I see. Well, I guess I’ll have to try it some time. Miles: You can try it after church tomorrow. You coming? Hans: Yea, I’ll be there. Is your friend going too? Miles: Nah, I don’t think… Leslie:blurting I’ll be there! Miles:socially confused But I thought you said… Leslie:turns around That I wouldn’t miss it for the world? You bet your arse I did! Hans:momentarily meets her eyes before casually turning away Right. Guess I’ll see you both there. Miles: Yea, I guess you will. Coming for casserole afterwards? Hans:getting back on his bike Sure. Leslie:hot mess I’ll see you there too! Hans:slow nod Cool. Catch you later Miles. It was good meeting you… uh? Leslie: Leslie. Hans:quietly Leslie. See you tomorrow.
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