[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 46 KB, 746x428, 324465.jpg [View same] [iqdb] [saucenao] [google]
14589872 No.14589872 [Reply] [Original]

>fiat isn't backed by anyth-

>> No.14589891
File: 19 KB, 251x251, 1540170337992.jpg [View same] [iqdb] [saucenao] [google]
14589891

>>14589872

>> No.14589912
File: 157 KB, 1260x788, acs.jpg [View same] [iqdb] [saucenao] [google]
14589912

>in the libertarian paradise there would be free trade

>> No.14589945

just like btc

>>14589872

>> No.14589953
File: 225 KB, 702x1023, 16445397526_43eb2f0a3f_b.jpg [View same] [iqdb] [saucenao] [google]
14589953

>>14589872
>our economic power is backed by the strongest military in the w-

>> No.14590081

>>14589872
How exactly does the military "back" your overprinted shitcoin?

>> No.14590209

ahem
https://youtu.be/LENv3L_zbjg

>> No.14590418

>>14589872

I keep saying this. It's very true. The only guarantee of fiat's value is physical force.

>> No.14590492

>>14589953

Why isn't Vietnamndong global reserve currency?

>> No.14590725

Kek

>> No.14591179

>>14589872
-ing

>> No.14591340

>>14590081
you have no military power -> china, russia or usa takes over you, ravages your country, kills your leaders (usa can bully you with economic sanction beforehead) -> your national currency now worth nothing

>> No.14591439

>>14590081
you refuse to accept shitcoin with presidents as a legit form of payment -> local police comes and slaps you -> you have 2 options, fight them, die. Or continue do not accept said shitcoin, get in to prison, business cease to exist.

Not sure about USA specufics, it may not be police, but you get the point. Power have monopoly on violence, if you refuse to play by the rulebook, you will get a response, if you refuse to get in to jail, pay you fines, or any other options, your logical end is getting killed by the state

>> No.14591581

>>14589872
> Kekistan
Weapons are useless against an idea

>> No.14592018
File: 5 KB, 250x174, 1558847021605.jpg [View same] [iqdb] [saucenao] [google]
14592018

>>14591581
you have to go back