/biz/ - Business & Finance

/biz/ - BTC was a history lesson Anonymous Wed Jan 18 21:35:35 2017 No.1742372 [View]
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Damn you are blind aren't you?

Bitcoin = dollar = fiat

Dollar (1913 - present day)
Bitcoin (2009 - 2017)

You just lived over 100 years of history in 8 years.

Spoiler: it doesn't work

-pretends to be backed by something
-"better" than gold
-Births a "stock market"
-altcoins = penny stocks
-"corporate" coins emerge
-Bitcoin is king of its exchange domain (cash is king)
-over 600 altcoins = other countries fiat competing with the dollar
-China buys all the Bitcoin (treasuries)
-game over race to the bottom

Fiat cucked bluepilled snowflakes can't you see?

Swamp to be drained and you better hope it will change.

Black swans incoming.

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