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☮ Social ☮ PD Social Talk Thread: If 2020 Was the Dumpster, Can 2021 Be the Fire?

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I've been bearish on cryptocurrency for a decade and the big drop and attendant Schadenfreude has yet to manifest. It's tempting to see people who bought early and held as being smart, but in retrospect, right and smart aren't necessarily the same thing. I still view it as a kind of tulipomania and the coins as intrinsically worthless propped up only by the madness of crowds, but I've yet to have the satisfaction of seeing those crowds lose their shirts. I don't know at which point my continuing bearish perspective ceases to be based on analysis (I still believe that a huge correction followed by a slow death spiral followed by a rush for the exit is in the future, I just don't know when) and becomes sheer cussedness. I sure was wrong back in the day. I thought the O.G. vendors taking BTC for drugs were nuts for not cashing out as quick as possible, lol.


Yeah i totally get that! For a long time i completely ignored crypto because i thought it was just a ponzi scheme.

But after i read at the end of last year that 37% of all existing dollars were created in 2020 by the FED i started to get a bit more interested in what crypto has to offer (hard cap supply, independence from governments, immutability, decentralised applications and organisations through smart contracts, worldwide accessability - there are actually billions of people on this planet who don't have access to banking, most of them do have connection to the internet though).

I have now a very different view about crypto. I still think a big part of it is a scam actually, but the central banks are the bigger scam imho. By the end of 2021 probably around 2/3 of the US Dollar supply will have been created in 2020 and 2021, and this is exponential growth. It won't be long and 99% of all Dollars will have been created fairly recently.

I try to hold as little FIAT as possible because it feels like it is being constantly devalued by them printing more. Of course i do not just hold crypto, but mostly stocks and real estate, but i do think that crypto is here to stay. I'm not trading it myself, just holding it as one kind of inflation hedge and because i believe that the brightest digitalised future is a decentralised digital future <3
 
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Yeah most of the valid applications of crypto is in replacing centralized services (and money) with decentralized, trustless services. There is a project in its infancy called Handshake which a fiend of mine knows the CEO of, which is working on replacing the centralized web DNS service with a dencentralized one. There are working and in use services for supply chain and video streaming, web browsers, search engines. And dencentralized finance solutions, and of course, currency and store of value not tied to governments. Crypto increasingly seems to be filling actual roles that are in fact pretty valuable. That's why I think it's here to stay, and is becoming more than just a scam.

Even in store of value, the only reason anything has value is that we agree it does. I mean, gold is just lumps of metal, it has value because we agree it does, and it has rarity. Well, Bitcoin also has rarity (immutable max supply), and people agree it has value. I don't really see the difference.

Note that I think BTC is actually the worst example of what crypto we should consider to be the primary store of value, as it is insanely energy intensive and wasteful. There are many second and third generation cryptos that are exponentially less wasteful, as well as fee-less or nearly fee-less and instant or nearly instant in transfer speed. And they are decentralized and trustless, unlike any fiat financial systems.
 
Well said! i consider btc to be more of a proof of concept, with how much energy it takes up it is already doomed. Proof of stake (and maybe other mechanisms of consensus) is the future.

The MIT blockchain (Algorand) also uses proof of stake, and with the newly instated head of the SEC being a MIT professor who taught classes about blockchain and cryptocurrencies ( ) the future looks bright for Ethereum et al. :D
 
I dusted off the old receptors this last weekend after not tripping since October. On Saturday night I took a gram of mushrooms and went out to see some live music. Duncan Trussel was at the show too, he recently moved back to this area, but I was too shy and star struck and intoxicated to go speak to him. A friend of mine got a picture with him tho. I redosed small amounts of mushrooms a couple times through out the night. I felt fantastic, was happy and contemplative, had a smile I could not wipe off my face. The music was greatly enhanced and there was zero negative thoughts or weirdness.
The next day I woke up and went hiking and foraging in the woods. I had a strong afterglow from the night before and decided to keep it going with 50ug ALD (a half hit). This was the perfect dose for the hike. Again I was pushed in to a good mood, feeling very childlike and playful. My vision became sharper as I was able to find more mushrooms than the 2 sober people I was with. I spent about 7 hours in the woods before going home just as the trip was starting to die down. Came home with a bunch of ramps and morel mushrooms that we found in the woods. I’m going to cook those up tonight and make a morel cream sauce that I’ll pour over grilled chicken and asparagus.
 
Nice man, green or white asparagus? :D
Both are great, but I don't think people really eat the white one in the US, could be wrong though.
that's probably the best substance to "relapse" with though :D my wife would argue coffee is like breathing and doesn't even count
Yeah I'm not in a serious sobriety thing, so I wouldn't count it as a relapse at all, I'd just argue that life is better when not on caffeine ;)
 
I fucking love Duncan Trussel I would have been starstruck as well @Delsyd. Thought he said he was moving to Alaska months back on JRE im glad he changed his mind and went back to NC. I would really like to trip with him that would be such an epic time I love his voice so much it sounds so cool. Just listened that podcast he did with Hamilton Morris the otherday it was really good. Think im gonna give it a second listen tonight, I was riding the bike when I heard it last and think I missed the end of the show.

 
Just got 2,100mgs 4-AcO-DMT
12mgs Norflurazepam...

Wanna take the benzos so badly right now guys you have no idea. But I gotta be strong cuz I can't test positive for benzos at the clinic and I have to go there Wednesday and I've been do for a drug test for literally month or so. Does anyone have an idea about the halflife of that stuff is im assuming since it's longacting it's gonna have a lengthy one?
 
Does anyone have an idea about the halflife of that [norflurazepam] is im assuming since it's longacting it's gonna have a lengthy one?
Haven't heard of that one but I'm assuming it's the active met of flurabids (Dalmane) in which case I have some bad news for you. Half life is at the very least 80 hours. Perhaps north of 100. The parent compound has a short t1/2 but the mets are probably the most persistent of all mainstream bzds.
 
If i was not so busy man i would eat a shit load of LSD and escape the world right now. But ehh gonna wait til sometime late mid june and eat 4-5 tabs. I dont think ill give anybody LSD tbh i cbf at all. And ima just keep the pressed pills for myself most likely. Though idk i might skip on mdma. candy flipping does seem appealing. Just the comedowns are so brutal and putting me off.

Ima give up on chasing women its a waste of my time and gets me nowhere but feeling like shit.

Ahh how some DMT right now would be good for a quick blast off.

Ima send some work off soon then get into more.

Feel so good getting in the gym last night sweating out toxins.

Ima stop setting goals tbh though its makes me so fucking mad when i try my best and i fall so short of them. Or lower the expectations of myself.

Gonna stay strong and dig deep. hopefully find some meaning in my mudane life by the end of the year. The loin cloth still seems appealing :ROFLMAO: :ROFLMAO:
 
Woahhhh, holy shit I am like ten pages behind on these social threads at the moment. Been way busy sorting out life lately.

Wife and I are moving early in July about 6 hours north of where we are now so our whole life is about to be a heck of a lot different. Good different, but I'll need to make new friends. Family is fine and dandy but I don't smoke doobies with my cousins, they're all lawyers/doctors/etc. Rich folk. Only commonality is our shared lineage lol.

The fam has a ranch up there too, I'll be able to go out camping/shooting/hunting whenever I so please, it's gonna be pretty dope. Gonna stay with relatives so it'll be rent free and Mrs. Gravy and I will finally get that down payment saved over the next few years.

Big changes coming, biiiiiig changes :)
 
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