/biz/ - Business & Finance

>>57932869
>But gold already exists and fills that niche
2% mining inflation, more whenever gold pumps, difficult to move, difficult to audit, difficult to store. BTC mogs gold as a store of value.

>>57305764
Wow, a whole twenty burger coins to securely and trustlessly move billions across the world in minutes, so prohibitively expensive! Remind me, what's it cost to securely move 20,000 kilos of gold?

If you're poor you can use a scaling solution like Lightning or a CEX or an ETF (or MSTR), from a systemic economic prospective nothing is gained by poverty cretins touching the holy ledger. The reality is 'physical' BTC is still cheaper than transferring even small quantities of gold, and the market will support larger blocks when this is no longer the case.

>>57295291
Bonds are always negative real yield (30x total return versus 42x monetary expansion since '71), large cap equities carry significant Store of Value premium which is why rising rates don't deflate them, only the rise of a superior alternative SoV would deflate them

>they do it with gold
They don't. Meaningful protracted market manipulation is impossible, "paper gold" is shiney rock fetishist fantasy driven by misunderstanding futures contracts, gold has performed fine, 45x since '71 while monetary expansion has been 42x, very respectable for something with 2% annual mining inflation.

>>57254771
>how is a cryptographically fixed unit of account different than an infinite supply shitcoin?
Trolling or retarded?
>T-they'll ban it!
State is a memetic parasitic, it is wholly incapable of exerting meaningful control over the superorganism Economy, every State that has tried is dead or dying, the successful parasites take great pains to avoid confrontation with Economy as they know it can crush them effortlessly

>>57062803
It took BTC 14 years to get to where it is at NOW.
Shib? Might take 20 years or more but guess what? They need to burn that trillion before hand.
If I was you guys? I would sell my stack, DCA less than 1k (hey you never know?) and then put the rest into weekly BTC, Alt tokens are a risk and BTC is proven.

>>57029152
>Money and currency is the same thing
False. Currency was made of Money, so it's understandable their meaning as been conflated in common use, but they serve very different economic functions.
>gold isn't money because it doesn't facilitate theft
Your brain on statism. Money holds value, that is why money has demand, if you replace the money in currency you have not reduced the demand for money (store of value), something will be used, that something will have properties that lend it to being Money, BTC has those properties, BTC will continue to serve this function to a greater and greater extent because it benefits both the holders of BTC and the superorganism Economy (by improving the efficiency of economic calculation by providing a fixed unit of account). There are no brakes on train, statist.

>>56856874
Dullard. First, we're still 100x away from full capitalization. Second, you view equity gains as real and BTC's gains as abnormal and therefore empty speculation. When in reality almost equity gains are mere monetary expansion, BTC, as an investment, does what growth stocks do better. Third, you view -1x monetary expansion as poor returns, while bonds have returned far BELOW monetary expansion, and gold has a very long cycle length (20-30 years), -1x monetary expansion with a 4 year cycle is fantastic.

>>56769751
In 20 years they'll be 3-5x as many USD, 1USD sharefraction =/= 1USD sharefraction as USD is constantly being produced

>>56708233
Kek. I believe politics is a memetic parasite and economics and technology drive the world, while you believe the wef is two weeks away from implementing global technocommunism but I'm the one that belongs on /pol/?

Gold has averaged -1x fiat since '71 (44x versus 42x monetary expansion), why would it melt up now?

>>56635138
>you can't have x without y so y must be worth infinity dollars!
literally unironically your argument. there are no scenarios were gold (let alone the OG shitcoin: silver) outperforms a barbell strategy of BTC/ammo/bulk calories.

1) continued debt fueled inflationary melt up: BTC continues to act as a leveraged short of fiat until full capitalization ($15t-$200t in current dollars), while gold continues to act as a -1x of fiat, and silver acts as an industrial metal.
2) lights go out and never come back on: BTC goes to zero, ammo/calories go parabolic, shiny rocks drill through the mantle in real terms

The problem with you metal fetishists is you believe in ridiculous things like "inherent value", there is only subjective value. Oz of gold is worth a ton of rice now, but it'll be worth a 25lb sack of rice in a total collapse. Farmland goes for a couple off ounces, you think anyone will trade you productive farmland for a few gold coins after a collapse?

>>56585255
>m2 is pretend, ok!? boomer ass pulls ("""owner equivalent rent""") and hedonic adjustments are objective!! All mature liquid assets (gold, broad market etc) have moved in lock step with monetary expansion? That's an antisemitic hate fact!
Stay poor, statist.

>>56511235
>spending if things get cheaper over time?
You are so fucking stupid, it's beyond real.

>>56469550
>Literal who on 4chan is spreading fudd again.
Please kill yourself, I would have made EVEN MORE money on this pump to 35k if I never listened to anyone and just dumped all my money into BTC.
Please 4chan and reddit nerds, kill yourselves, you're losers on and off the internet.

>>56468888
>I'm so stupid
Well, at least you admit it.
BTC is better than welfare, welfare is foodstamps, only good for a small ration of goyslop, at least with BTC it will always go up in price.

>>56462834
4chan users are some of the biggest dumb cock sucking faggots to ever exist, please fucking kill yourself.

>>56410000
This kills the statist.

>>56179711
>a half
>>You fucking retards are holding altcoins praying that you'll get rich some day
>Buy Bitcoin. What the fuck is wrong with you.
>No dude you cant buy both alt coins and BTC!
You are the fucking retard.
Fuck off and kys.

>>56145985
>pass faggot. opinion dematerialized
He's literally not wrong, faggot opinion, post discarded.
Money printer go BRRRRRRR.

>>56139709
>Bear will last the rest of the decade.
Nah.
>>56139709
>Because the Fed is tightening for the first time in crypto's history.
They actually are not, you fucking idiot.

>>56125077
>Another altcoiner bites the dust. Should bought bitcoin nerd. Hahaha what a loser. Join Bitcoiners if you want to win lose.
I own both BTC and Shiba inu.
I will keep buying Shiba inu.

>>56099531
>Bidenomics at work. Everything more expensive,
STOP BUYING LOTTERY TICKETS WHITE TRASH.
Anyone have that picture where it say "I cant afford to live" starter pack and it's just pictures of beer, weed, junk food, cigarettes and scratch offs.

>>56084585
>nightmare