/biz/ - Business & Finance

>>57475694
>platinum is a substitue[sic] of palladium
Pd and Pt catalytic properties are quite distinct, they are not interchangeable. Second, the point stands, Pt demand is dominated by functional demand rendering it unusable as a store of value.
>gold holds value through magic!
Store of Value demand is not functional demand, gold is the best natural money in no small part due to its low functional demand, enabling its demand to be dominated by SoV demand, that is WHY it functions well as a SoV
>Bitcoin bad! muh volatility!
An artifact of low capitalization, it's properties better meet SoV demand so its meteoric rise shall continue unabated.
>muh blackrock
Market manipulation is impossible in-the-limit, if it weren't central planning would be feasible as central planning could be implemented entirely through price manipulation, but it is not possible (knowledge problem), hence market manipulation must necessarily also be impossible

Full capitalization is somewhere in the $20-$500 trillion range in 2024 dollars, after full capitalization it will free float, averaging (-1x currency expansion)*(real growth)

>>57170871
Cope harder bobo. ETF FUD is just short term noise. How morons like you can still bet against Bitcoin 15 years in is beyond me

I know, I researched all of them. Try using them, for example ChainGPT, and tell me they're not complete clown gimmicks that are just chatgpt created insta plugins - "YO, AI BRO!!!!! GOING TO $100B MARKET CAP BRO!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

To summarize, don't fall for ai projects that brag about their "AI" or have "ai" in their name when ai has hardly anything to do with said projects.

>>57075012
The legacy of altcoins 25 years from now, will be that they just confused and turned off normies from adopting bitcoin earlier (which is still around and worth millions per coin).

>currency
It's Money, not currency, it doesn't need to scale, it doesn't need to be used transactionally. Currency gains from being made of Money, but Money gains nothing from being used as currency. All of global finance will be Bitcoin's L2.

Core to Money is the store of value, but of course you can't actually store value. So how does money accomplish this function? By being a difficult thing. If I only trade my goods and labor for something I know is difficult to produce/procure, I stand a good chance of being able to trade that thing for roughly what I paid for that thing in goods/labor. I am storing the value dispersed within the economy. It should be obvious that while any difficult thing can be money, only some will be well suited and very importantly, have the network effect, to develop significant monetary value (premium over it's difficulty cost). Bitcoin is simply better Money than what we're had available, gold & equities (Equity Premium "Puzzle" is the product of partial monetization of equities post-gold standard). Network effect guarantees BTC will be The Money as it's the oldest and most difficultest, BTC will continue to grow because economic calculation is enhanced by having a good Money (price carries information, fixed unit of account reduces variables) and a good Money needs a large capitalization.

This halving will be the beginning of hyperbitcoinization, as it marks the inflection point where BTC's inflation rate permanently falls well below that of gold's mining inflation (2%). BTC will stand alone as the hardest Money, at all points after this halving BTC will only ever be a better and better fixed unit of account.

$42k*

Because it's a shitcoin. The value of crypto has always been Money (unit of account), the tech doesn't matter because the tech doesn't make it better money. A real practical universal unit of account massively increases the efficiency of economic calculation, as without a fixed point of reference actuate pricing (price carries information), requires great degrees of iteration, which are economically (time and resource) expensive. Bitcoin does not need to be used as common currency to produce this function, it performs this function fine as a free floating asset, as price carries information. Use as common currency doesn't encode new information as transactional friction between different monies is low, use as common currency is therefore wholly superfluous to it's function as money, alts will all go to zero because they add nothing.

Pic related is happening in real time, right now. Hope you bought the right alts, anons.

>>56871088
BTC futures ETFs are larger than ever while ETH futures ETFs still have fuck all AUM

Remember, ALWAYS have some btc in your folio so you don't lose too many sats.

>>56855109
>TOTAL
>ALT
>DEATH
fucking BASED!
don't forget also TKD

Money literally flows, monetary expansion causes money to flow almost exactly like electricity, with the "monetary impedance" (how easy an asset converts to money) of an asset determining how fully an asset inflates for a given increase in monetary base. The nominal future price being a product of (monetary expansion/monetary impedance)*(real demand growth). BTC, being low impedance, will grow at the rate of (monetary expansion)*(demand growth), demand will continue to grow because an inverse of monetary expansion without liquidation risk, volatility decay, or counterparty risk is highly valuable, money stock will continue to expand because monetary expansion is the mechanism behind oligarchical parasitism.

>>56796349
Smoothbrain.

Money literally flows, monetary expansion causes money to flow almost exactly like electricity, with the "monetary impedance" (how easy an asset converts to money) of an asset determining how fully an asset inflates for a given increase in monetary base. The nominal future price being a product of (monetary expansion/monetary impedance)*(real demand growth). BTC, being low impedance, will grow at the rate of (monetary expansion)*(demand growth), demand will continue to grow because an inverse of monetary expansion without liquidation risk, volatility decay, or counterparty risk is highly valuable, money stock will continue to expand because monetary expansion is the mechanism behind oligarchical parasitism.

>BTC futures ETFs: fastest to $1b aum ever, billions in AUM despite futures being a shit hold
>ETH futures ETFs: demand so anemic ETH shits the bed for months, AUM 1% of BTC futures ETFs
Can't wait for the ETH spot ETFs to kill shitcoinery for good

1) BTC will 100x in real terms in our lifetimes
2) BTC will 10,000x in nominal terms in our lifetimes
3) Everyone becomes a maxi in-the-limit

Money literally flows, monetary expansion causes money to flow almost exactly like electricity, with the "monetary impedance" (essentially how easy/difficult the money<->asset<->money conversion is) of an asset determines the relative inflation seen by that asset. The nominal price being a product of (relative inflation)*(real demand growth). BTC, being low impedance, will grow at the rate of (monetary expansion) * (demand growth), demand will continue to grow because an inverse of monetary expansion without liquidation risk, volatility decay, or counterparty risk is highly valuable.

>>56741152
Easier solution: stop using their slavetokens

>>56713272
Does your coin have a nigger on the blockchain?

Didn't think so.

Don't end up like this Wojak bros

>>55664544
>Validators can much easier fork the chain and
he thinks this is a good thing! LOOL
your brain on altcoins