/biz/ - Business & Finance

>>56882272
Buckle up, buttercups.

You don't own nuffin goyim. We'll never approve the BTC ETFs.

>>55431979
>counterfeit trillions of dollars
>"Achshawaly, the real problem is your quality of life is too high!"
I hate statists so much it's unreal

>>55392343
>it's not a government, it's just a monolithic omnipotent hyriarchal political entity!
The absolute state of """an"""coms. There are no political solutions, because there are never political solutions to anything because politics is empty memeshit. Only technical or economic solutions work, and BTC solves money.

>>55363182
Money (BTC) is green, flight to safety.

>>55356023
he's brown, it takes his kind a while to understand what us humans already figured out

>>55355344
Pretty much.

>>55347279
Bitcoin solves Money. A technological solution to a political problem with HUGE economic benefits. All productive people gain from BTC becoming Money.

>>55343843
BTC solves Money.

The entire fiat grift rests on debasement outpacing wage growth, such that real wages fall while assets inflate (parasitic transfer of resources from income earners to oligarchs), wages have been rising around 5%/yr, hence Fed will keep real inflation above 5% to fuck over workers [written before Jay the Faggot bitched out]. PoW crypto allows workers to opt out of the fiat grift, Bitcoin will pump because statist fucking shits won't stop debasing.

>>55341934

Hard money is highly desirable systemically as it forces positive sum activity, hard money however WAS impractical to use, being replaced by soft money hundreds of years ago. History has proven that 'backed' soft money will always be abused, the difficultly inherent in past hard money makes verification etc unwieldy, leading backed soft money to become unbacked over time. But the systemic economic value of hard money remains, BTC (all PoW Crypto really) is hard money that's easy to use, that is it's value. It is not in competition with the financial system, it is not in competition with other crypto, it is in competition with fiat. BTC will continue to grow as long as statists debase, which they will never stop doing as debasement is the lever which they use to manipulate the economy. While Economy is naturally positive sum, fiat allows the manipulation of Economy to favor zero and even negative sum economic transactions! Blasphemy! Economy will not abide. You see powerful parasites and say "they are too powerful, we can't fight them" Economy sees powerful parasites and says "so much free value!". BTC is the sword Economy wields to slay the Adversary, BTC's Becoming is guaranteed by the systemic economic value gained by fiat's demise.

>>55327610
And your counter narrative?

>>55325797
>Commercial paper
Yeah, most banks have a lot of commercial real estate exposure and they are trying to prevent a total collapse of the commercial real estate market.

>>55319517
See: >>55319378

Forcing positive sum activity is immensely valuable, but was transactionally disfavoured, think of an chemical reaction with HUGE delta-g but very high activation energy. BTC (PoW Crypto) gets us over the hump.

>>55311713
There's that weird catchphrase again.

>>55293958
Like they banned the internet, or cryptography, or radio, or the printing press? Law are tide tables, Economy the tide, falsifying tide tables doesn't grant control over the ocean. "I wrote 'high tide at 5:12pm' I control the ocean!" the politician exclaims. No! You are a grifter, a petty thief. The State will not intervene as doing so makes obvious the grift.

>>55303513
>Front run inflation
Go back.

>>55301405
>trust us goy, exchanges are your friends

>>55297861
>Dollar decline
Wow, who could have predicted this?

>>55295006
>I'm right wing
>I want the government to control your money
Yeah

Bro. You got scammed. We know big nose tribesman scammed you. It's ok to admit it.

>>55295038
When XRP wins, will you commit to posting the webm of you drinking bleach?

>>55280659
>Who the fuck will take damage from that?
You will.

>>55276384
The most useful idiot.

>>55276336
No anon, you are the evil. Remember that MOST of the public debt is from social spending, and that social spending acts as a supply-side labor supply, suppressing the market rate of labor (labor in the broadest sense, "wages and salaries") by reducing the cost of substance (driving down wages and salaries well up the chain). Debt that is printed into existence, the rank debasement of fiat in the last half century! Gee why are the rich getting richer? They've rigged a system where inflation doesn't inflate wages! Look at the wage/productivity divergence since the end of hard money, look at the 10,000 years of lockstep wage/productivity growth before fake money. "Gee gosh wilikers it's a mystery why wages have diverged from productivity!" He says while while pumping trillions of counterfeit dollars into supply side labor subsidizes. The entire fiat grift rests on debasement outpacing wage growth, such that real wages fall while assets inflate, enriching the oligarchs by suppressing the market price of labor while at the same time pumping asset prices. Without central banking the grift falls apart.

>>55274328
The entire fiat grift rests on debasement outpacing wage growth, such that real wages fall while assets inflate (parasitic transfer of resources from income earners to oligarchs), wages have been rising around 5%/yr, hence Fed will keep real inflation above 5% to fuck over workers. PoW crypto allows workers to opt out of the fiat grift, Bitcoin will pump because statist fucking shits won't stop debasing.