/biz/ - Business & Finance

>>19170036
Uniswap is huge, XIO is a legit long hold.

>>19099264
https://youtu.be/mnRfRF5vkwc

From the horses mouth.

Actually does sound like a good idea.

>>17873088
Most of the institutions are out of crypto now. The whole space is sort of insulated to some degree from the imminent collapse in banking.
There is a lot of buy pressure at these prices from people looking to get on board. Inflation due to the Fed's pumping the system with Keynesian funny-money is going to get more and more people thinking about options to escape fiat and traditional banking.

I wouldn't be surprised if we are fairly close to the bottom for crypto. ETFs, Indexes, banks and all that sort of bullshit has a lot of room to fall, though. Including property prices. There is a lot of pain left for boomers and normans

>>17797068

Murray Rothbard once wrote: "There is one good thing about Marx: he was not a Keynesian".

If Marxism is a bullet to the back of the head, Keynesianism is a slow, insidious poison.

Not only does it kill, it aims to trick those who survive into thinking controlled money, the most anti-capitalist position possible, is capitalism...

There is a basic definitional problem, capitalism has three popular meanings:

For Adam Smith, a capitalist is a person who employs capital toward production.

For Marx, "capitalism" was a PC term for what he originally called Judaism, a corrupting force synonymous with "huckstering, self-interest and money". Thus socialists consider capitalism to be any manner of huckstering, self-interest and money.

For libertarians capitalism refers to a system of organic emergent order. A scarce resource acting as money can, in a state of free competition, generate price information which efficiently guides a people. Literally the original definition of economy. That which economises.

The fact that few people seem to know there are these three major definitions causes a lot of autistic nonsense as people argue past eachother.

>>17767089
You need cash during the deflation (assets go to shit), buy the dip (weeks away at earliest, maybe months) before inflation sets in and nukes fiat.

No major institution has defaulted yet and we aren't even at peak virus, people should not be buying yet.

All the dudes caught by the dead cat bounce today are going to get fucked.

>>17605766

Unironically:
https://youtu.be/qrqtyNxTt0k

>>17455604
Anyone you can get along with.

Find someone you share at least one hobby with. This doesn't include taste in television/movies.