Today's Banking on Opinion

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PAC-fit

Well-known member
Sep 20, 2018
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Currency? No, the trust-type banking, as in how much we trust in our most-favored advisors for safeguarding information, assorted preventative measures as seen in numerous News and social-media venues, Rumble, X, Truth Social, etc.?

We all trust pushback against nefarious instruments won’t prosper under the radar. What is your insights or opinion?
 
Only thing I know is, the advice of that 102-year-old judge was pretty sound. "I have decided to live my life as if there are no secrets." Nobody can steal and share my secrets if I don't have any.
 
Only thing I know is, the advice of that 102-year-old judge was pretty sound. "I have decided to live my life as if there are no secrets." Nobody can steal and share my secrets if I don't have any.
Interesting! Hoping you have just clued us on how to live life under the 'blood'.
 
Interesting! Hoping you have just clued us on how to live life under the 'blood'.
Actually I'm not even sure what I said has anything to do with what you said. I'm only giving a 62% chance that I understood your main topic.
 
Actually I'm not even sure what I said has anything to do with what you said. I'm only giving a 62% chance that I understood your main topic.
Oh no, it fit fine. Basically anything that should compromise our surest protections of life. On the op-post, yes, I did suggest in the digital sense, trickery has kicked into high-gear to where I believe we are witnessing an elusive climate the likes that they have assigned a new workhorse to. Being pessimistic with one's choicest securities is about all I could suggest.
 
Oh no, it fit fine. Basically anything that should compromise our surest protections of life. On the op-post, yes, I did suggest in the digital sense, trickery has kicked into high-gear to where I believe we are witnessing an elusive climate the likes that they have assigned a new workhorse to. Being pessimistic with one's choicest securities is about all I could suggest.
Ah good, I DID get the right impression. My previous reply was on the cautious side because I was not sure I was reading you right.

Security is... nebulous, fleeting and usually illusory. But a lot of people sure chase after it. One person I know has a lot of silver, as an investment. One of my uncles has so many guns that he has a whole closet with a keypad lock on the door. Lots of people say we should invest in gold, build bunkers and stock them with long-shelf-life foods and water.

A lot of people talk about how the US dollar is not founded on anything. But even a dollar backed by gold is only worth as much as somebody is willing to pay for the gold. If situations get dire nobody will care about gold, if there is nothing to buy with it.

Mind you, I'm not saying it's useless to save money or take sensible precautions in life. I have a modest Roth IRA of my own. But if the entire national economy tanks, it could all be worthless by the end of today. I have it, but I don't stake my entire life and happiness on it.
 
Someone expressed interest in buying my artwork for NFTs. I have no idea what she is talking about.
Is this relevant to the topic?
 
Someone expressed interest in buying my artwork for NFTs. I have no idea what she is talking about.
Is this relevant to the topic?
Me too. Ran four random questions through and it appears as a digital means to diversify your creations for the marketplace, foremost, to remove all middlemen and deal directly with the collector as well as set up parameters of secondary marketplace yields credited back to your preset resale percentage.

But your contact person doesn't speak of that which I'm seeing. for instance, 'Sale: A collector buys the NFT on a marketplace (like OpenSea, Foundation)' OpenSea is something the artist starts out with and OpenSea appears the most popular. Security issues? Yes, they are not immune.
 
One of my uncles has so many guns that he has a whole closet with a keypad lock on the door. Lots of people say we should invest in gold, build bunkers and stock them with long-shelf-life foods and water.
I'm hearing silver is set to make a showing. Just 2 weeks ago it went from something like $29. to $55 Friday then leveling a little. Some feel $100 in a year and I'm told maybe $600 an ounce in a few more. Far outpaced gold. But I don't like all of what affects values these days, downright ugly, including bitcoin.
 
The value of anything is only what some is willing to pay for it.
If you have X amount of silver or gold or whatever and want to sell it, what are you going to accept as equal value?
 
What level of risk of these many digital breaches are people willing to endure just to keep their online activity in the marketplace just as fluid as though there were none?

Gemini - "In 2026, consumer behavior reveals a complex "privacy paradox": while 80% of people express deep unease about personal data usage, the majority continue their online activity due to a growing sense of digital apathy. Many now accept frequent data breaches as an inevitable "new reality" rather than a reason to disengage from the digital marketplace.
The current landscape of risk tolerance is defined by these key trends:

1. The Convenience Over Security Trade-off
  • Apathy as a Defense: By 2026, many consumers have become desensitized to breach notifications, with trust impacts actually declining as incidents become more common.
  • Limited Behavioral Change: While 64% of people claim they might switch to cash after major retail breaches, only about 14% actually avoid specific merchants long-term.
  • Low Action Rates: Despite high levels of fear regarding identity theft (28%) and bank hacking (59%), fewer than 20% of users maintain strong password hygiene, effectively accepting the risk for the sake of fluid access.
2. Emerging Risk Thresholds
  • Value of Data: Only 21% of Americans are explicitly willing to trade private information for a more "personalized" experience, yet most remain on platforms that require this trade.
  • The "Price" of Privacy: For those willing to monetize their risk, the median price to sell their data is approximately $150, or $25 per month for continuous monitoring of their browsing activity.
  • Demographic Divide: Younger generations, particularly Gen Z, are more likely to view breaches as a systematic failure of corporate security (67%) rather than an avoidable risk.
3. Corporate & Regulatory Shift
  • Privacy as a Product: Since consumers are reluctant to change their own habits, companies are increasingly using privacy as a brand differentiator to capture the market of "uneasy" users.
  • Synthetic Data: By the end of 2026, Gartner predicts 75% of businesses will use AI-generated synthetic data to maintain marketplace fluidity without risking real customer identities.
  • Class Action Surge: Consumers are shifting from personal avoidance to legal retaliation; data breach class actions are expected to reach a turning point in 2026 as plaintiffs' firms refine strategies to target company response times rather than just the breach itself."