/biz/ - Business & Finance

>>15314348
blockchain the entire economy, that'll get rid of a ton of accounting, and tax jobs b/c the entirety would be just tracking the wallet txs.

>>15314348
slow collapse as western countries gradually get browned.

make money selling things low iq brown consumers want to buy and bugman shit.

>>15314377
dubs of truth spoken, my brother and I are making cbd and vapeshit, business is bretty gud. I wish I could transition into serious technology but everything is expensive as fuck and all the equipment for this is getting scrapped and shipped to China. Fuck Milton Friedman, Alan Greenspan, the Bushes and the Clintons and all the rest of them for the free trade bullshit.

Western Civilization is fucked. The future is United Statos Del Americanos and the European Union of Islamic States, neither of which have an average IQ over 80. All scientific progress tops, and most technology falls apart as brown niggers can't understand white technology. The End.

>>15314371
Are you really sure that jobs as we know them will exist in 20 yrs from now? Most jobs could be entirely automated. Even if they wouldn't be automated, it would make much more sense to be to see work as a service to be sold rather than paid for with a salary.
How would taxes even work if every transaction became anonymous?

>>15314348
Blockchain's primary purpose is to keep all participants honest. We haven't had anything close to actual free markets since 1913. That'll change once BitCoin becomes the norm and Marxist central bankers (planners) can't manipulate money.

>>15314454
>Marxist central bankers
read a book besides the creature from Jekyll Island, you might actually learn something

>>15314454
The honesty of the technology implemented relies on many factors. You cannot trust Facebook and other corporations in that regard, which is why their projects have clearly no long-term prospects.

>>15314577
Why don't you read the Communist Manifesto and realize Marx described Central Banking and its function to achieve socialism in capitalist countries, you absolute fucking moron.

>>15314439
+- the wallet balance, and asks you to manually enter where the money is going. similar to a check book.

>>15314733
Are you serious about this one? I'm assuming people will just hide their shit.

>>15314426
Don't worry with Trump tariffs the prices will get higher just the way you like it.

>>15314348
>all you care about are some bs shitcoins
Supporters of various shitcoins are actually telling you where they think market is heading based on the use case of their shitcoin.

This is a very dumb thread op

Capitalism will destroy itself.

>>15314633
https://www.marxists.org/archive/marx/works/1848/communist-manifesto/ch02.htm
>Centralisation of credit in the hands of the state, by means of a national bank with State capital and an exclusive monopoly.
>putting the Fed, a private bank controlled by Jews, in the hands of the state to be openly audited by the public.
I see nothing wrong with this.

>>15316678
>giving the state or any other part/group the power to print money at will surely never leads to abuse

It's like you people have no idea why BitCoin exists.

>>15316850
>>giving the state or any other part/group the power to print money at will surely never leads to abuse
>It's like you people have no idea why BitCoin exists.
>elected public official vs anonymous counterparty symbolized by a numeric hash
>trusting someone at a trading desk who wants to set me up as a bagholder
It's like you can't tell apart de facto from de jure monopoly power

>>15317306
I’ll bite: in practical terms what difference does it make?

>>15316850
Would I be correct in deducing from your graphic that you haven't realised the monetary base automatically adjusts when needed, and is not the limiting factor in the creation of money?

>GOMMUNISM HAS NEVER BEEN DRIED

>>15317330
>in practical terms what difference does it make?
From one end, dealing with governments and business that operate using the state infrastructure, like courts and dollars, you actually have a public system of redress that you can argue over and receive if your case is better prepared (this means spending more money on lawyers but that's how the system works)
On the opposite end, the fact that it makes no difference means that people who engage in crypto commerce in a neoliberal capitalist economy dominated by fractional reserve banking/counterparties on wallstreet with insider information may as well play war against the government in the same vein as the Waco Branch Davidians or Tim McVeigh. They want to have their cake of crypto and eat it using the fork of neoliberal capitalism, praying all the while that the cake will make the empty fork taste better permanently.
I myself am waiting for and working towards the ultimate dump where the electricity spent mining crypto will cost more than the economic benefit it provides of a decentralized currency, when shit hits the fan so hard that it will no longer be feasible to trade because shit is so fucked up. What Marx taught me was that economics is nothing more than the study and measurement of the mechanics of modern political domination in the most autistically fine-grained terms.

>>15318847
Different ID but samefag:
What I mean to tell you all is that the game of Capitalism is a shitty rigged game, and there is an alternative towards which you should be working; complete and total personal autarky enabled through cheap and ready automation/intentional communal living like the Amish (but with computers, internet, transport and modern medicine)
https://wiki.opensourceecology.org
https://www.youtube.com/watch?v=_NP0BuhTuss
https://www.youtube.com/watch?v=ThAUaEkRUoc
Here are some resources concerning this, mainly from one guy.
Fundamentally, I think economics is about organization of resources to gain as much as possible for oneself, which at times conflicts with the macro level, the stated purpose of which is about maximizing it for everyone without it being at the expense of any one group or class.

>>15318973
based and bookmarked

>>15314348
sorry, I'm all in Zuckbucks so I don't give a shit about this.