/biz/ - Business & Finance

>>15574744
Works for me dude *sip*

>>15574744
X22report YouTube

>>15574770
they promote Q

>>15574744
How long do you think this will take to play out? Maybe 2 more years before golden bull?

What if they pull a bait and switch and peg it to SILVER instead? That way china and russia get fucked over as the US and corps like JPMorgan have gigantic silver stockpiles. The uk did this in the past as well so did spain i believe

trump is a crypto kike, retard. he wont do shit

>>15574860
probably 2023
maybe coincide with https://www.reuters.com/article/us-usa-fed-payments/fed-to-develop-real-time-payments-system-for-launch-in-2023-or-2024-idUSKCN1UV1XP

crypto is the stone in the shoe of this plan though, unless the crypto market top coincides with implementation of new usd. In which case calling bizanons 30 year old boomers won't do it justice

>>15574887
>crypto
>do nothing
choose one

Bitcoin is guaranteed to go back to new lows. 1k by eoy.

>>15574930
either bsv or a pseudo blockchain like btc, link or ripple has to moon in anycase
Trump has tweeted he does not like bitcoin
the judge against craig was appointed by trump administration

either btc and its forks are part of the plan or no one expected the bitcoin whitepaper and bsv will fuck the plan up if they can't stop it

>>15574981
additionally the similarity in astroturfing on pol for trump in 2016 and link on biz

>>15574981
>muh fork of a fork
>LiteCoin Cash SV is the REAL litecoin!

>>15574880
could do but It's not relevant what they peg it to only that it's pegged at a devalued rate. Maybe they'll peg it to btc, would make sense of the muh digital gold narrative.

>>15574744
Trump is a senile retard and qanon is a schizo larper. You read too much into things.

>>15575060
the usd dollar is done in its current form. China has too much us debt to dump. It's why countries are accumulating gold

Goldbugs are just as delusional as ever

>>15575150
>the usd will be the reserve currency until the heat death of the universe
>trump will use the US space force to launch the milky way gulf war extorting the terrorist alien producers of antimatter to only accept usd
fiat wage slaves unironically believe this

>>15575080
There it is, the meme debt dump phrase. China uses its treasury holdings to keep the yuan devalued against the dollar, nothing more or less.

>>15575331
>china will allow the us to debase trillions off their wealth
it is a game of chicken. The inevitable debasement of the us dollar vs china dumping their us debt for gold

>>15575354
China doesn't hold enough to do anything, you moron. If China dumped all of its T-bills without even giving a shit about the price, it'd fuck with the credit markets for like, a day. Treasury bond market trades almost a trillion dollars each day. The liquidity in that market is substantial, to say the least.

>>15575369
>he is blind to what is happening
https://www.scmp.com/business/china-business/article/2138871/chinas-first-oil-futures-flying-start-beijing-vies-pricing
https://www.theguardian.com/business/2019/aug/23/mark-carney-dollar-dominant-replaced-digital-currency

the us does not have the gold to stop the debasement of its currency.
more and more countries do not want to hold us treasuries because of this.
the chinese have no option because of their exposure to dump and would probably start ww3 before hodling 9% of their gdp in us debt.

USA is the only nation that can do MMT and giving up on that would be insane

>>15574744
okay boomer

>>15575446
they may intend to confiscate a lot of gold

>>15575484
by the same token every other non nato country doesn't want the us in control.
china is in a position to challenge and if they do not they will crash on an unprecedented scale, they have no option. This is reflected in their military expansion in the south east china sea

>>15575493
I fuckin hope so, but they had 5% of what they were meant have in 71 when nixon went off the standard. And if they did have enough why would trump be advocating negative interest rates

>>15574744
Too many treasuries in the world to have a gold standard unless they want $800 an ounce silver which they don’t because it would transfer so much wealth to China and individuals the banks the corporations they’d also lose on a gold standard. I hope you’re right and I honestly think faith in the system will be so low they’ll have to peg it to something and gold and silver will eventually be chosen but no doubt (((they))) don’t want it.

>>15575512
>>15575645
I’m sure you guys know exactly how much gold America has.

>>15575645
>$800 an ounce silver
$800 an ounce silver would be a 97% loss for china
>>15575660
there is about $8trillion of gold in existence
the us debt is $22trillion

if the Q had every ounce of gold ever mined in history hidden away in fort knox the best peg they could do is $4125 an ounce.

The reality is the us claims to have $182 billion of gold.

>>15575660
Oh sure you must have a conspiracy theory on that
Secret lizard gold vaults under yellowstone

>>15575693
>>15575704
https://www.globalresearch.ca/us-behaving-true-looters/5671932

>>15575693
Also you are retarded. You should convert how much gold has been mined in OZ. You can inflate the currency to match the reserves.

>>15574744
Every QAnon faggot should have unironically suicided the moment Trump fired Sessions.

>>15575725
>The us has 50 tonnes or $2billion more gold than it claims.
anon, I can allow a bit of lee way but even if the us is under reporting their reserves by a factor of 120 the usd will loose 65% of its value with a peg

>>15575761
>can't into high school level math
190,000 tonnes of gold every mined the us debt is 547,000 tonnes of gold

>>15574981
BSV is part of the plan.

>>15575783
Hey, Qoomer:

TRUST SESSIONS, AMIRITE? XD

>>15576011
Who do you think started the Epstein investigation? Sessions did.

Who do you think is responsible for all the terminations in pic related? Removing all of the Bolshevik coup plotters against Trump in the upper FBI/DOJ management. Sessions did.

Sessions did the initial job that needed doing behind the scenes, diligently and without much noise, and a bulldog has now taken over to finish it up.

>>15576005

fuck off retard

>>15576103
Wow what a compelling argument. Corecuck on suicide watch?

>>15576005
Crypto is the only asset that could provide the needed return for the usd not to be dumped. You think the us treasury is accumulating bsv?

>>15576141
they'd only need ~300k bsv in 2023 if bsv follows the same price action as btc did

>>15575780

>>15576191
1 year delta to match the letter being found on the 8th/9th March 2019

>>15576141
I think we are going to a metals backed currency with Bitcoin SV as the financial infrastructure - the plumbing and accounting system of the world. There will be a transition period where governments will create fiat tokens on the BSV protocol to maintain some currency control, which will be allowed, however as it is still developing technology, you can't make it a de jure reserve currency. It will be allowed by the US gov to act as a competing currency until it naturally takes over everything as the technology scales, matures and becomes ubiquitous.

>>15576246
if china and the us are fighting in proxy through bsv and btc we'll end up with ww3.
or maybe they'll be a revolution in china that has already started in hong kong.

>>15574744

>>15576246
ouch.

>>15576246
This is my big issue with BSV or any crypto used in gov. Let’s say US adopts BSV. So obviously they’re going to collect before they announce public. Now what US has a significant % / headstart. Now if your any other country , wouldn’t you be like ok retards. We will use another crypto and not touch yours. Only way I would see a bunch of countries supporting the US is
1) They rather be under the US as opposed to russia or china as number 1.
2) a bunch of third worlds got in early and the US adopting would cause a significant GDP boost to their economies and thus wrecking China further.
3) a bunch of people/corps in the US simultaneously decided to build on BSV causing the US to fold and use BSV.

>>15576339
Another point why I don’t really think the Gov is looking at BSV is because of the court case. If the government wanted those coins they would make sure either Craig got them, or they would steal them from Ira. And I think if they were actually looking at BSV they would have a more bitcoin adverse judge.

I support BSV though. Currently learning to build on it. I’m just objectively trying to look at it from a political point

>>15576339
other countries only have a problem with a centralized world reserves because it allows the issuer to financially repress the holders as nazis did france or the us has done everyone for the past 100 years. The idea is the us doesn't want to do this but has been fighting fire with fire since ww1 whereas communists are aiming for this inflationary system. Or the us is completely comped and Trump is playing the role of Nero

>>15576339
There is not other crypto that actually scales and works as a full fledged economic system except Bitcoin (SV). It is the only game in town there is literally no competitors. But you are right that whoever adopts it first will become wealthy beyond imagination.

>>15576450
this guy is such a fucking faggot that even if he did have a legit product I would never buy it. Fuck him.

>>15576460
Then you can stay poor, who the fuck cares what you do lol

>>15576513
whatever you want to say faggot. If the guy had a legit tech he wouldnt have to act the way he does like some over blown faggot. He doesn't have jack shit just a fucking ego.

>>15576530
Time to cry yourself to sleep, blockstream fag.

this timeline is so fucked

>>15576398
Interesting thoughts. Disagree with your thoughts on gold / math models though.

>>15576450
You failed to understand the potential political game theory I was purposing. This has nothing to do with wether a crypto works or not. It’s about the supply and who has the bigger pie, aka more power.

>>15576599
>It’s about the supply and who has the bigger pie, aka more power.

Governments are in a conundrum here, because they can't scoop up a lot of coins on any chain without empowering that very same chain. You see, the goal of corrupt government is to prevent BSV from being adopted in the first place, and the absolute worst thing you can do to accomplish this goal is for a state actor to pump the price 100x to scoop up a large part of the pie. So the strategy becomes ignore and attack it and hope it goes away or fails on its own.

As I said, whoever adopts it first is going to be unimaginably wealthy a decade or so from now, because others will soon follow and you have a snowball effect. But you also can not be the first without giving it legitimacy and extreme price action.

>>15576695
that's the irony of the small block propaganda, all it's done is redistribute the supply in a higher proportion to those they would least like to have more of the pie

I was kinda thinking the fiat system begins to collapse under debt when a global recession hits and China uses all the gold they've been purchasing to peg the yuan to gold. This would cause China to replace the US as the worlds reserve currency.

>>15576853
And you think the US would just allow this to happen, why?