/biz/ - Business & Finance

>>16175183
Silver disappears over time? WHAT THE FUCK
I thought this shit was supposed to be a hedge against inflation? It's the same damn thing then! Fucking boomers trying to jew us yet again

>>16080436
Schiff is a smart guy and cuts through all the Fed bullshit with ease. He swears up and down that the upcoming recession will be massively inflationary, not deflationary, so it remains to be seen whether he's right or not.

On the topic of crypto he says that he has researched it, but you can tell he knows almost nothing whenever he talks about it. He makes good points that gold is the only truly sound money in the world just by virtue of the laws of physics, and doesn't require electricity or internet to store value. But he also goes on incredibly long boomerants about how Bitcoin is "based on nothing" and how it has "no application", etc.

I know he thinks it's in his best interest to bash crypto because he's long gold. I don't think he realizes that Bitcoin is not a threat, but rather an ally. He really needs to have a debate with someone on the crypto side who is both an expert on the technology AND an expert on economics, so that they can speak apples-to-apples. I really think he would warm to it if he just understood it better. That's the biggest problem I have with Schiff, in a debate he can be incredibly closed-minded even for a boomer. He decides that his argument is correct ahead of time, and nothing anyone can say will get through to him.

It doesn't help that dumbfuck crypto "evangelists" can be just as stubborn. The Grayscale "drop gold" commercial is the dumbest fucking thing ever, and is only detrimental to crypto adoption. https://www.youtube.com/watch?v=Eqy5_QpNd8U

>>16048563
Schiff is a smart guy and cuts through all the Fed bullshit with ease. He swears up and down that the upcoming recession will be massively inflationary, not deflationary, so it remains to be seen whether he's right or not.

On the topic of crypto he says that he has researched it, but you can tell he knows almost nothing whenever he talks about it. He makes good points that gold is the only truly sound money in the world just by virtue of the laws of physics, and doesn't require electricity or internet to store value. But he also goes on incredibly long boomerants about how Bitcoin is "based on nothing" and how it has "no application", etc.

I know he thinks it's in his best interest to bash crypto because he's long gold. I don't think he realizes that Bitcoin is not a threat, but rather an ally. He really needs to have a debate with someone on the crypto side who is both an expert on the technology AND an expert on economics, so that they can speak apples-to-apples. I really think he would warm to it if he just understood it better. That's the biggest problem I have with Schiff, in a debate he can be incredibly closed-minded even for a boomer. He decides that his argument is correct ahead of time, and nothing anyone can say will get through to him.

It doesn't help that dumbfuck crypto "evangelists" can be just as stubborn. The Grayscale "drop gold" commercial is the dumbest fucking thing ever, and is only detrimental to crypto adoption. https://www.youtube.com/watch?v=Eqy5_QpNd8U

>>16034977
Schiff is a smart guy and cuts through all the Fed bullshit with ease. He swears up and down that the upcoming recession will be massively inflationary, not deflationary, so it remains to be seen whether he's right or not.

On the topic of crypto he says that he has researched it, but you can tell he knows almost nothing whenever he talks about it. He makes good points that gold is the only truly sound money in the world just by virtue of the laws of physics, and doesn't require electricity or internet to store value. But he also goes on incredibly long boomerants about how Bitcoin is "based on nothing" and how it has "no application", etc.

I know he thinks it's in his best interest to bash crypto because he's long gold. I don't think he realizes that Bitcoin is not a threat, but rather an ally. He really needs to have a debate with someone on the crypto side who is both an expert on the technology AND an expert on economics, so that they can speak apples-to-apples. I really think he would warm to it if he just understood it better. That's the biggest problem I have with Schiff, in a debate he can be incredibly closed-minded even for a boomer. He decides that his argument is correct ahead of time, and nothing anyone can say will get through to him.

It doesn't help that dumbfuck crypto "evangelists" can be just as stubborn. The Grayscale "drop gold" commercial is the dumbest fucking thing ever, and is only detrimental to crypto adoption. https://www.youtube.com/watch?v=Eqy5_QpNd8U

>>16028609
Schiff is a smart guy and cuts through all the Fed bullshit with ease. He swears up and down that the upcoming recession will be massively inflationary, not deflationary, so it remains to be seen whether he's right or not.

On the topic of crypto he says that he has researched it, but you can tell he knows almost nothing whenever he talks about it. He makes good points that gold is the only truly sound money in the world just by virtue of the laws of physics, and doesn't require electricity or internet to store value. But he also goes on incredibly long boomerants about how Bitcoin is "based on nothing" and how it has "no application", etc.

I know he thinks it's in his best interest to bash crypto because he's long gold. I don't think he realizes that Bitcoin is not a threat, but rather an ally. He really needs to have a debate with someone on the crypto side who is both an expert on the technology AND an expert on economics, so that they can speak apples-to-apples. I really think he would warm to it if he just understood it better. That's the biggest problem I have with Schiff, in a debate he can be incredibly closed-minded even for a boomer. He decides that his argument is correct ahead of time, and nothing anyone can say will get through to him.

It doesn't help that dumbfuck crypto "evangelists" can be just as stubborn. The Grayscale "drop gold" commercial is the dumbest fucking thing ever, and is only detrimental to crypto adoption. https://www.youtube.com/watch?v=Eqy5_QpNd8U

I only put money into my 401k because my company does a pretty generous match. All my personal investing has been in crypto. I’ll buy some stocks during the next recession.
t. 28 year old blue collar worker