/biz/ - Business & Finance

>>13295170
you fucking brainlet.

bitcoin is the only crypto that most normies have heard of.

bitcoin is the only crypto that people think of as digital gold.

unlike gold, when you buy bitcoin you don't have to worry that someday they'll invent new mining technologies (e.g. asteroid mining, deep sea mining) that will flood the market with new supply and render your "store of value" investment worthless.

gold "investors" tend to be 80-year-old men. In another generation there will barely be any goldbugs left. Meanwhile, BTC investors are young -- many of them so young that they haven't invested in it yet, but will when they start earning money, or as their careers progress. Bitcoin will replace gold as the ultimate store of value.

BTC has already been established as a way for wealthy elites to hide their assets and avoid paying taxes (google "bitcoin cyprus 2013" if you don't know what I'm talking about). "But hurr durr nobody wants to pay $5 transaction fees!" OK, good luck convincing Russian oligarchs to use Chainlink or Ethereum or some gay shit to launder their assets, because they can save $5 on transaction fees. Faggot.

If you think BTC can only be valuable when everyone carries it around on their phone and pays for everything with BTC, then you're a complete brainlet and you're not gonna make it.

>>12778727
I hope you did so using puts and not an actual short position.

If inflation picks up, that's going to increase the dollar value of stocks (company value stays the same, dollar is less valuable, so dollar value of company goes up), and your short position will get fucked.

At least with puts you can control upfront how much money you're willing to lose. Whereas shorts have the potential to lose money infinitely, *and* you pay interest as long as the position is open.

>>12568539
>should an attractive even
an attractive should even learn to write properly

>>7505596
seems irrelevant, most of the devs are non-Jewish. there is very limited government influence/regulation in the crypto-market.
Most of the manipulation with the market are pump and dumb groups, which is mainly composed of early investors etc.

The JQ has no relevance in the crypto-sphere, as it is at the moment.