/biz/ - Business & Finance

>>16464208
>Founders died centuries ago
>Current team keeps printing more tokens
>Uncapped supply
>Organisation's debt far exceed it's assets decades ago
>Only still functioning due to global stupidity

Strong Sell, find a way to short if possible
*Not advice

>>16464208
I'm pretty sure by United States law that it is backed by one troy ounce of .999 fine silver. Prove otherwise.

>>16464311
>>Uncapped supply
1.74 trillion in actual physical existence

That's only 225 per global citizen anon.

Sounds pretty tame and borderline rare.

>>16464329
Executive order 11110

>>16464338
Physical notes don't matter, virtual notes are all that matters.

>>16464329
What is the address of the storage facility? A law doesn't mean anything to the US as the whole country is now a huge fraud.

It's unlikely the US has much gold either, due to no real official counts.

All should be available under freedom of information.

I will sell F-35s and Zumwalt-class destroyers for scrap metal when if collapses.

Two of the many failed projects, designed and built by greedy monkeys.

>>16464329
Yeah it's in the whitepaper

>>16464338
Also what the fuck is a "global citizen"?

>>16464338
Kek, remember to count all M money supplies

>>16464409
>the US as the whole country is now a huge fraud
If you don't hold it you don't own it. I hope you are ready for the transition back to reality. The US has done the world a great service and those dollars that you think are dead have already resurrected. Hope you have some when the digital casino gets flushed out.

>>16464420
A citizen of earth

>>16464432
Let's talk about all M supplies shall we?

https://fred.stlouisfed.org/series/M1V
https://fred.stlouisfed.org/series/M2V
https://fred.stlouisfed.org/series/MZMV

Velocity down = store of value

At the end of the day the physical supply is all that matters anon. The rest is just a fairy tale.

>>16464438
You can't be a citizen of an entire planet since nations of the planet fall under different jurisdictions. You can be a citizen of one or even multiple of those nations, but not all of them.

USD is and will always be the most desirable currency

Any other opinion is just a cope from some salty non American

>>16464438
That's right

>>16464208
The A&Wcoin is unironically dead.

>>16464456
>the dollar is going to shit that means it's a good store of value
holy fuck dude

>>16464459
You're obviously looking too deep into this. I'm just trying to reiterate what he meant, a person living on this fucking earth. Whatever the hell you define them as doesnt change his point

>>16464459
You most certainly can be. Goes like this:

Where were you born?

Reply: Earth

Its a rather simple concept to digest.

>>16464478
The guy is a dumbass, I hate people that cherry pick and fight you like that. He knew what you meant, hes just a douche

>>16464478
Obviously you were fucking born on Earth, there's no humans not born on Earth. What kind of a fucking answer is that to the question? That's like if I asked where this fish came from and you say "the water". It is totally useless. Just like the phrase "global citizen", totally useless.

>>16464456
The whole country is a fairy tale, sound markets would say the US is Venezuela grade, Wiley Coyote moment within next 20 years.

>>16464502
Sit down and shut the fuck up

USD is not backed by silver, was /biz invaded by a bunch of morons recently?

>>16464511
>he doesn't know about De La Rue

Read up anon:
https://www.cnbc.com/2019/11/26/de-la-rue-fears-it-could-collapse-if-turnaround-plans-fail.html

>>16464437
please don't sleep in front of my house when you are homeless.

>>16464458
Get a passport like it did and live overseas for a few years.

Brainwashing will wear off, when you come back home you'll she how similar the US is to China, only difference being China is improving and the US is getting worse.

Just look up OEC & Numbero stats before you travel (You'll need 3 months to get a feel for a country, 2 weeks is nothing)

>>16464529
>USD is not backed by silver
Can you read anon?

Created by the US mint.
States "One Dollar"

What part are you not understanding?

>>16464478
citizenship is a legal contract. can you please point me at an administrative office with thte authority to grant me global citizenship that is valid in all applicable jurisdictions?

>>16464580
The part when you realize that silver is backed by USD, and not the other way around

>>16464688
checked

>>16464438
fat chance an indian peasant will own 225 ounces EVER

>>16465617
that's why burgerchads should metal up.

>>16464688
No the USD is backed by silver. Not to hard to comprehend.

>>16465649
Jesus ok sure whatever. USD is (((backed))) by silver. Fucking ingrate.