/biz/ - Business & Finance

>>49682429
We tried. Lots of people tried. They were all destroyed for it.

>>13439506

The federal reserve only prints money in an emergency. The Fed only controls the interest rate for loans between banks. BANKS create money from thin air via loans and that's where inflation come from. Banks then create asset ponzi schemes because it's hugely profitable for them and there is zero risk since the Government will bail them out.

Western democracies have privatised the creation of money because of the prevailing neo-liberal thought that you don't want Governments spending money freely.

The FED is only a symptom, we need revolution.

Why hasn't anyone made a crypto whose goal IS price and supply stability.

The inherent instability of crypto price makes laundering/hiding funds someone painful.

Is this possible? How could it be done?

"We were not foolish enough to try to make a currency coverage of gold of which we had none, but for every mark that was issued we required the equivalent of a mark's worth of work done or goods produced. . . .we laugh at the time our national financiers held the view that the value of a currency is regulated by the gold and securities lying in the vaults of a state bank." -Adolf Hitler, 1937 (CC Veith, Citadels of Chaos, Meador, 1949.)


"And it proved sound. It worked. In less than ten years Germany became easily the most powerful state in Europe. It worked so magically and magnificently that it sounded the death knell of the entire (Zionist) Jewish money system. World Jewry knew that they had to destroy Hitler's system, by whatever means might prove necessary, or their own [system of usury] would necessarily die. And if it died, with it must die their dream and their hope of making themselves masters of the world. The primary issue over which World War II was fought was to determine which money system was to survive. At bottom it was not a war between Germany and the so-called allies. Primarily it was war to the death between Germany and the International Money Power." --William Gayley Simpson, 'Which Way Western Man' (p.642)

>>10329082
Shut up goyim. You know nothing.

>>10247831
>>10247913
I am actually very serious about this. They absolutely have to raise interest rates or the current credit bubble will continue to inflate until the point where the average American will no longer be able to afford a loaf of bread. History repeats itself. We are on the same debt ridden path that Weimar Republic was on after world war 1. Debt is only remains deceptive so long as the population can't see it's effects. We're starting to see the effects now with appreciating assets. Worthless indebted companies that have never made a profit are soaring in this stock market bubble, housing prices are going through the roof, hell even everyday household goods are starting to change prices more quickly. Soon we will devolve into the greatest economic depression in our lifetimes. As we have done with every fiat currency in the past, it is time we move on. Refresh the system. However, this time it is different. The days of sovereign currency are numbered. This time, our currency won't be replaced by fiat. It will be replaced with a Nationless, Currency run by open source software and consensus algorithms that has ensure the currency has a guaranteed scarcity. No more room for failure, or deception. If you don't believe me it doesn't matter. My system doesn't rely on faith or credit like your system. It relies on verification, and decentralization.

Dear Bitcoin Cash Supporters,

Why do you continue to dismantle this community?
You didn't get your way, so you had a fucking hissy-fit and fractured the community into the fragmented mess it is now. Even after everyone voted for BIP148, you still decided to irreversibly fuck up the network by hard forking because of "muh segwit blockstream conspiracy". I'm not saying you don't have legitimate concern. Blockstream is definitely a major influencer over SOME of the developers, but they by no means control bitcoin. BIP148 was voted in fair and square by the community. Instead of trying to cooperate with everyone else, you decided it was best to flip the table and fuck everyone over, including yourselves. You have destroyed any unity we had against the central banks and turned the whole crypto market into a cesspool of worthless shitcoins. If you had not flipped your shit over a slightly different technical implementation, we would be so much closer to destroying traditional banking.

You guys always fall for their fucking divide and conquer tactics. Surprise! Surprise! They successfully weakened both sides to the point where crypto is barely a threat to them. Crypto was about taking them on, and destroying their system; yet somehow they managed to be the ones to destroy our system. If crypto is to have a legitimate impact on the world, we must put aside our differences, and take on the real enemy. Stop talking about blocksizes or retarded shit that doesn't even matter at this point. Talk about the real problem at hand, the reason why bitcoin was created in the first place, the fractional reserve banking system. Stop focusing on destroying bitcoin core, and start focusing on destroying the federal reserve note.

If you don't we will both lose.

From,
A bitcoin supporter
II1+xIPMs24mLJbcE/TTdZkA1kjMHCzX1C6WdnUZo+modMfet7HdYmx56aMyotHiq8Lc2vj/YDuT5KyL3QhzGaM=

>>10117375
Because you brought up 3 transactions per second to bring up the blocksize debate.

Bitcoin with lightning can do nearly infinite trandactions per second (with some restrictions of course) and bitcoin cash can do way more on chain transactions.

Face it kike, nobody wants your paper currency and we will make sure your system gets burned to the ground.

>>10014061
Only a Keynesian cares about money velocity anon. There's nothing wrong with holding onto currency and not spending. The problem with our national currencies is they incentivize extreme consumerism and debt because they slowly lose their purchasing power. With a deflationary system like bitcoin, you are incentivized to keep your money in savings and only purchase things when you absolutely need to. Hopefully we switch to a deflationary solution so that the average person, particularly Americans, won't be enslaved by debt and the banking system.

>>9936245
Yeah you are. As long as your down with overthrowing the kikes and their usury driven banking system you're welcome here on /biz/.

Can we just leave software implementation to the professionals.

The reason why a soft-fork segwit upgrade was implemented over a hard fork blocksize limit increase was to keep the community together without limiting the functionality of older software. It's really annoying that all these fucking nigger faggot retards who support bitcoin cash don't understand how much damage they are doing to the community. Now we're fragmented into two groups and every hardfork from here on out will only fragment us more. If we had stayed with the modular way of upgrading the software (via soft forks), then the community wouldn't be so fucked up like it is now. It's typical Jewish divide and concor techniques.

This board is fucking retarded. Literally gambling on shitcoins to get more good goy shekels.

If you're smart, you know that the dollar will collapse and that you should be focused on accumulating precious metals, crypto, and bullets.