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Joined 2 years ago
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Cake day: July 24th, 2023

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  • Because it’s cheap and easy to produce. Biofuels compete with food and forests. Not sure how much waste products can cover. Either way the biodiesel is about twice the price of the regular stuff here and has a lower tax rate than regular diesel (~43% tax rate)

    It has a very high energy density. First Google result approx 10x that of batteries in EVs.

    All the infrastructure is already built. EVs are becoming better and better options but the grid needs to be upgraded and the generation capacity increased.


  • Depends on what you want to achieve.

    It’s a hedge against inflation. So in times of high inflation and economic uncertainty it will do well.

    Keeping a small amount in a safe in case the world goes to shit, well only after you have a pile of guns, ammunution and canned food.

    It’s not a productive asset. If you buy stocks you’ll probably be better off in the long run.

    That being said your investment portfolio should not be only one kind of investment and gold should probably be a part of it eventually.