/biz/ - Business & Finance

>>49359230
40k bart rally beginning soon when this breaks

>>26215660
Because i choose to

>>24282084
KEYNSIANS? COMMIES? FATF FAGGOTS YOU THINK I WILL SELL?

LMAO I WILL BUY ALL THE WAY DOWN FUCK YOU KEYNSIANS WE ARE RECONQUERING OUR WORLD FROM YOU PARASITES.

Pay your respects /biz/

F

https://youtu.be/BkX2NAKFM5Q

>>24242308
>>24242308
>>24242418
>>24242446
>>24242472
>>24242493
The problem is that disconnecting currency from gold which had a natural low inflation of 1.50% caused massive damage from a game theory because

1_Politicians could inflate without problem
2_Balancing budgets became irrelevant
3_They could change the definition of inflation to hidde the inflation.

So first they removed real estate from inflation indexes we went from

1_One worker being able to buy a house with two years of minimum wage in 1971
2_One worker needing a good job to buy a house in a 15 years mortgage in 1980
3_One worker needing a really good job to buy a house in a 15 year mortgage in 1990
4_One husband & wife needing to work on good jobs to buy a house in a 30 year mortgage in the 2000s

This is happening because currency was disconnected from a real good with low inflation , gold was not used because muh shinny , it was used due to it's low inflation.

When the dxy index that meassures the value of the us dollar relative to other fiat currencies(that constantly devaluate against the us dollar to keep their parity) shows exactly what i mean.
Every time the dxy goes down bitcoin & ethereum or other cryptocurrencies which now has a low inflation goes up(and so does housing which also has low supply).

>>24192066
Bitcoin + Monero = FREEDOM

>>24014467
>I'm a pretty new crypto investor
>I might stay up and try to swing
I don't mean to be an asshole but the ubiquitous and relatable danger of that combination is how the misspelling "hodling" came about. https://www.investopedia.com/terms/h/hodl.asp Be careful swinging. I have a pretty penny and am choosing not to swing anything less than face melt

>>23992264
Stay strong anon , as for monero it's getting better and they are really working on descentralizing to the max.

>there will always be a way

It's truly incredible isn't it?When your economy goes to hell and bitcoin is still standing.
It empowers one incredibly to know you can exchange the toilet paper printed by your government to bitcoin which you can use anywhere and they can't seize.
Here in Argentina our currency lost 250% of it's value the last 365 days and banks banned the us dollar(and the president literally went to tv to shill us the yuan to save which nobody did obviously).
And bitcoin is gaining more and more adoption as people are retaking their freedoms being cornered against a wall.

>>23767271
>He thinks there is going to be dumps

Stock to flow is fud, bitcoin now has lower inflation than real estate.
Has real estate ever went down since the gold standard was abandoned in 1971?NO

And bitcoin won't dump ever again neither. every time bitcoin goes up it's fiat dumping , (and real estate is going up as well as bitcoin).
This is why bitcoin is reacting to the dxy index so well.

>>23747739
>btc is also above 3% rate

That was before the halving.

bitcoin inflation now is bellow all fiat currencies , real estate and gold at around 1.50%-1.80% per year.
Monero follow close at 2%
Then litecoin at 4%
Dogecoin at 4.20%
Ethereum at 4.50
Dash at 6%
Zcash at 60% (memezuela tier yes)

>>23728853
I don't consent.