/biz/ - Business & Finance

>>54541566
He's not even entirely correct, depending on how you look at it. Forks are inflationary on a sense and the price can be manipulated with Bitcoin futures COMEX-style or by fractional reserve exchanges, let alone pump and dump schemes using tether or whatever.
>>54541642
My grandfather owned a house in what became East Germany. He kept all the paper records and eventually got it back after unification. Kinda sucked for him to wait decades but still.
>>54541776
I almost bought a silver Bitcoin once because they look cyberpunk as fuck but the premiums, man.
>>54541853
If that's all you got I have way more RMs than you. Picrel doesn't even include my 5RMs. I have almost a kilo worth in total. Maybe more, not sure. My verdict: Ukraine has been jewed.

>>54362155
2RM are 625 silver, with 5g fine silver.
5RM are 900 silver, with 12.5g fine silver.
This is a neat 2.5x.
Yes, RMs are comically overpriced in the US.

>>54222326
The value doesn't depend on the energy required to extract it. Otherwise a gold nugget you found by accident in a river or whatever would be worthless. No energy was used to get it out of the ground. No. Gold is valuable because it's rare, durable, pretty, chemically stable, etc. Gold is not money because it is valuable. Quite the opposite. Gold is valuable because it is money. Or rather it has all the properties money requires. Its intrinsic value comes from its usefulness as monetary metal. If it didn't have those properties no one would care about it. The energy to extract it is just a cost. You have to pay for it and it's part of the price but it't not really what makes gold valuable, for the same reason a bitcoin isn't valuable because someone spent energy to mine it. It't the same argument and wrong for the same reason.

I have never seen a fake RM in my life.

No Food. Silver Only. Final Solution.

Need moar.