Should you just move all of your savings to alternatives to fiat, or should you slowly cash out of fiat pending the recession? | Poal: Say what you want.

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Should you just move all of your savings to alternatives to fiat, or should you slowly cash out of fiat pending the recession?

This video was, for me anyway, somewhat enlightening. Admittedly, it was pretty obvious once I thought about it, but once I realized what I wanted to get out of cashing out, I was finally able to understand that there is a difference. Personally, I don't have a suggestion as to which one is better, but this is more or less a concise explanation which can still be reduced to this simple advice: you don't have to move all of your money out of fiat at once. I can only assume it's rather daunting for most people to be told to drain their savings and invest in things outside of the control of our government (or better, systems that are skewed by our governments). Hopefully this eases your potential anxieties.

Also, this video mentions in the very beginning a hypothetical situation wherein someone is considering purchasing stocks. Let me be extremely clear: I've yet to identify any stocks that are worth investing in. If you think you can prove me wrong extensively (and empirically), I'll gladly be receptive.

https://www.youtube.com/watch?v=WOQb3JD1dGM

This video was, for me anyway, somewhat enlightening. Admittedly, it was pretty obvious once I thought about it, but once I realized what I wanted to get out of cashing out, I was finally able to understand that there is a difference. Personally, I don't have a suggestion as to which one is better, but this is more or less a concise explanation which can still be reduced to this simple advice: you don't have to move all of your money out of fiat at once. I can only assume it's rather daunting for most people to be told to drain their savings and invest in things outside of the control of our government (or better, systems that are *skewed* by our governments). Hopefully this eases your potential anxieties. Also, this video mentions in the very beginning a hypothetical situation wherein someone is considering purchasing stocks. Let me be extremely clear: **I've yet to identify any stocks that are worth investing in.** If you think you can prove me wrong extensively (and empirically), I'll gladly be receptive. https://www.youtube.com/watch?v=WOQb3JD1dGM

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[–] • 0 pt

Look, I think we are going to something considerably worse than 2008. And Im sure your finances are in much better shape than mine. There is a breaking point to everything though. Why not try to be prepared for all contingents?

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[–] • 2 pts

Because there are some things that can't happen and there are some things that might happen.

I don't think the ones that watch would even let it get that close before intervening. However, with that being said, I'm extremely confident they'll be pleased if we show them we've escaped the ones that control us and rebuild the things they've torn down.

We're venturing in to an area I can only really be ambiguous about. I'm sorry to say this, but there are genuinely some things I'm not going to be able to discuss here.

Believe me, I'd love nothing more than to just pour out what's in my brain, but, just like the ones that came before me knew, there is a time and place for everything. Luckily for all of you, I'm sort of expecting big waves to be made this month.

You may want to put your hard hat on. They'll say the sky is falling.

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[–] • 0 pt

This is begging for elaboration

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[–] • 1 pt

They're calling it Red October.

I don't know if what I've been posting about November 3rd has anything to do with this or not, but I do know we've seen reference to a "sky event". Another line that has something at all to do with a "sky" is like I mentioned before about them claiming "the sky is falling".

We linked a while back the email Hilary sent to Huma about sacrificing a chicken to molech to the potential for the space needle being attacked. The evidence of this conversation has been destroyed, unfortunately. I didn't think to archive it and I'm nearly positive no one else did.

What specifically are you curious about?

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/s/Bankless

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I am no financial adviser. What you do with your money is your choice. If you lose some, it's your fault and not mine. If you gain some, it's your fault and not mine.

This sub is for showing people how to avoid traditional banking, about how to be your own banks and for informing the public (as public as this is) about the upcoming recession and how to avoid losing money during such an event.

I won't participate in any discussion about taxation here. That's your own game to play. Please respect the owner of the website, @PMYB2 and avoid discussion that could cause us to receive unwelcome attention.

All are welcome to discuss virtually anything finance. I won't police speech practically at all here, if ever.

Finally, I won't promise to update this sub frequently or necessarily check it frequently. This is more about getting these resources and this information out there.