i don't see why anyone would want to buy coinbase stock. it's extremely correlated to the broader crypto market with less upside. In a bull market, you could buy bitcoin or maybe be a bit more risky and buy some of the higher tier alt-coins and it would probably give you a 1.00 correlation in bull and bear cycles, but during the bull cycles the coins would skyrocket because they are tied to any major fundamental metrics like balance sheets.
bitcoin should be seen in the mainstream as a universal payment network. I believe its best use case for the average(non-cypherpunk libertarian) person/company is to accept it by using a service that automatic exchanges it for dollars on their end.
For example, someone in africa could pay .001 BTC($40 currently) for a game and all steam would see on their end is a debit transaction for $40(cash not bitcoin) in their account. It allows for bitcoin to be held by those who don't mind the volatile nature of its market value, AND allows for those wanting to accept without holding it in the short term. Win Win for both parties :)
Looks like a G20 country is serious about the impending "climate emergency". Regardless of the motives and timing behind this, I think its great to see a country is actually being serious and practical. Anyone going on about the climate and refuses to put nuclear energy at the forefront of the conversation is unserious and is only interested in virtual signaling in my opinion.
False. America’s healthcare quality is the best in the world despite current issues with affordability. Most developed countries with socialized medical care are far smaller then the US. Most are smaller then just LA or NYC alone. Every market the government enters by subsidizing cost creates market distortions that have contributed to multiple financial crises in this country(mortgage and higher education).
My comprise would be let the states implement socialized medicine. My hunch is that with within a few years every economically productive person in those states would move states within 2-3 years. The tax burden and lack of choice in health care would be a no brainer to leave. Most people think socialized medicine will fix everything overnight put don’t think about what rights they are takin away from individuals to achieve their goals.
The federal government is horrible at competing in the free market when it comes to pretty much any good/service. For medicare to have a chance, they would need to eliminate the private market for healthcare. No one that can afford private healthcare would opt for government healthcare. Those who truly rely on government healthcare I assume wouldn't pay the monthly premium. We could defund the war machine but neither party wants that. There is the option to just printing the money but there's no free lunch and that inflation will show up in healthcare prices and the broader economy. Lastly, This type of top-bottom control of the healthcare market is not pragmatic and will lead to a whole host of inefficiencies and other problems that would create a worst situation then what we have right now.