Do Not Sell On The Dip!
First, I’d like to say that I am NOT a financial advisor. This in just my opinion.
If you have used fiat that you know you can lose, don't think about selling! I mean, I can't tell you that's what you have to do but it's probably not a good idea. If you sell now, you will sell at a loss (if you bought in high, of course). You can't sell at a loss if you don't sell!
Always spend what you KNOW you can lose!
I've put in $1,500 when the price was above $700/BCH. It sucks but I have faith in Bitcoin Cash. I will not sell any of that back. I fully intend to use the crypto as it was made for, cash!
Buy From Merchants
Try finding merchants that take (and hold or use) Bitcoin Cash. It's a bummer to find merchants that convert to fiat right away. I think we're drifting away from that mindset though as more and more people are coming to the realization of what Bitcoin Cash is.
I was browsing Reddit a few days ago and saw a user posted that they are now accepting Bitcoin Cash. The person sells small, hand held, wooden finger pianos. I've never played or heard such a thing but I wanted to support a business that accepts and utilizes Bitcoin Cash. I bought one.
You can find the company here. They appear to be based out of Ireland. https://kalimbera.com/
If You Can, Buy More!
Markets are, for the most part, very unpredictable. I think now would be a great time to buy, however. Personally, if I hadn't bought $1,500 worth (only a few days ago from me writing this), I'd be for sure, buying right now!
Sell For Fiat If You Must
If you're really in the need for fiat, sell. I get it, life throws curve balls sometimes. If you must, just sell only what you really need. Keep (and spend/use) the rest.
Replace the US Federal Government with a Confederation of States - Continuation
Please Check Out My Other Article
I have posted an article previously about replacing the current US Federal Government with a Confederation Government.
Please check it out >>here<< if you haven't read it yet. https://read.cash/@TheMassErection/the-case-to-remove-the-us-federal-government-and-replace-it-with-a-confederation-government-f1023031
Some Current Problems
This is not an exhaustive list by any means. Just some thoughts.
What are the problems that we currently see in the United States? Can you name any? If you live in the US, can you name your State Representatives? No, I'm not talking about your State Representatives in D.C., I mean your own State legislators. If you don't know, don't feel too bad, most people don't. I'm admittedly, until recently, guilty of this too!
There is too much focus on the Federal Government. Thinking that we can legislate all issues at the Federal level. Assuming that all States have the same or similar issues. I think this is a major reason why we currently see the friction among everyone. Solutions to issues in New York State might be pointless or even burdensome for Nebraska.
What Should a Constitution Consider As Rights?
A Right should not require the use of force to fulfill said Right. For example, a Right to healthcare would require to forcefully make doctors work at any price. Should the Government buy me a gun? What or who determines the wage of a doctor if healthcare is a Right? Could your forcefully make the doctors work for free? Whether Government should provide a system of healthcare, while not considering healthcare as a Right is a completely different story.
The Case To Remove The US Federal Government and Replace It With a Confederation Government
A few things first
First, I'd like to mention a few things before starting.
I am not advocating for the Confederate South from the US Civil War. I am, however, in favor of a Confederation of States. Similar to how the United States was prior to the current Constitution with the Articles of Confederation. https://en.wikipedia.org/wiki/Articles_of_Confederation
I do not condone violence. Only acceptable use of violence is if an individual has acted upon you and you need to fight for the preservation of life, liberty, and property.
My post here is just a small collection of ideas, mostly incomplete. In no way should this be considered a complete, well formed system of governance.
The Federal Government
It is of my opinion that the Federal Government has become grossly power hungry and wants to centralized more and more power to the Federal Government. The Constitution is seen more as a piece of paper from a bygone era. Legislators have legislated themselves out of legislating. More and more power has gone to the Executive branch and departments.
A Few Ideas of What to Do
The Federal Government
Eliminate it. Completely dissolve the current US Federal Government. Remove all departments. Yes, including DoD, DoJ, and intelligence agencies. Eject all members of Congress.
The Constitution sounds pretty good but seems to have no way of dealing with situations, for example, when all branches have become corrupted. Yes, there is Article V in the Constitution to initiate a Convention of States but this doesn't seem to be working all too well. A Convention of States has never happened since the inception of the Constitution.
A Confederation Government
Any actions a Confederation Government can do will be listed in a Constitution. Anything not in that Constitution will only be left for the States to legislate if it does not violate the Confederation Constitution and State Constitution of that State. Any violation of that Confederation Government can be challenged by the State legislator of at least a simple majority of the States joined in the Confederation.
Any actions and rights not prescribed from the Constitution for the Confederation Government will be delegated to the member States of the Confederation of States.
The Confederation Constitution has a list of rights an individual cannot have suspended. This Confederation Constitution does not grant these right, but acknowledges that all individuals have these rights.
Any amendments to the Confederation Constitution must be proposed by the Confederation Congress and voted on by the State legislator. 3/4 of States that are joined in the Confederation must pass the proposed amendments.
Pay for Congress people in the Confederation Congress will be provided by the State that person represents.
A President will be in charge of the military. A president may engage in military action necessary for the defense of the Confederation. The Governors of each member State of the Confederation of States has 30 days to vote to declare war. War will be declared if the vote passes a 2/3 majority. If the those Governors do not declare war, the President must cease any military campaign relating to the vote of the those Governors.
Secession of a State
Any State that has joined the Confederation of States can, at any time, secede from the Confederation of States. Any State that secedes from the Confederation of States will not enjoy the benefits of the Confederation of States and will be treated as a foreign State.
But What About the CIA and NSA?
The CIA and NSA have become horrendously politicized as well as spying on its own citizens. A better solution to gather intelligence on belligerent foreign States would be decentralized agencies. Each State that is a member of the Confederation of States could house its own agencies. Those agencies will freely exchange information with other member States of the Confederation of States.
Information exchange with foreign States will be voted by the Confederation Congress and passed with a 2/3 majority. During war time, the power to share intelligence information will be delegated to the President.
That's It For Tonight
I may post some more in the coming days.
