/biz/ - Business & Finance

Imagine how fast this guy would be doxed if he was white.

>>18083169
How is btc worthless? Its an exchange currency and has all the properties of money and has 10x smaller mc than gold

>>18083169
>Austrian economics are wrong. Keynes was right.
Stopped reading right there.

>>18083169
>Shops don't raise prices because the fed just printed trillions
They do.
>People won't accept your shiny rocks in exchange of soup.
They already are.
>The whole system doesn't collapse
It does, right before your eyes.
>fiat is still the measuring stick for exchange
It's not.

Gold is SOLD OUT EVERYWHERE. There is no physical at COMEX. Bankers are literally about to start sucking dick for gold, because their certificates can't be cashed out.

Remember boys - anyone shilling fiat or stonks is a paid shill and must be killed.

>>18083283
What you said only apply for tinfoiled hatters, which is like .001% of the population. It really doesn't matter the grand scheme of things.

ECONOMICS IS NOT A HARD SCIENCE.
Every academic really tried to make it so, but every mathematical model, every big idea turned out not to work with reality.

I'm not defending the central banks. They do thing they probably shouldn't but fiat is the best we have. The real Bitcoin could've been a good alternate currency, being deflationary, decentralized and global, but core turned it into a shitty slow and expensive crimecoin.

I would def fuck the left one!

>>18083613
>ECONOMICS IS NOT A HARD SCIENCE.
Before you dismiss it, check out MMT.

>>18083235
It's a virtual currency that can't exist outside of the network, like money in online video games. Wallets aren't really wallets, but just passwords to your virtual wallet on the network. If the BTC network is somehow compromised or shuts down, your money would be gone forever.

>>18083169
based ping pong

>>18083169
>Keynes was right.
lol no

>>18083969
>Wallets aren't really wallets, but just passwords to your virtual wallet on the network
holy shit you have brain damage

>>18083169
Depends on perspective. From American perspective rubber-dollar is an economic superpoweapon, if managed right. Gold-backed currency would severly hurt American economy.

From non-American perspective dollar is economic slavery and gold is preferable.

>>18083771
Looks like a can of beans could get you where you need to be. Might not be too farfetched a scenario in the near future.

>>18083237
>>Austrian economics are wrong. Keynes was right.
>Stopped reading right there.

>>18084131
the third world prefers US dollars to any currency you can pull out of your ass. any time and for any purpose.

>>18084164
Irrelevant. This thread is about monetary policy.

>>18084140
At least use that meme right you fucken retard

>>18083613
Fiat means faith. How long will the people have faith in the dollar if they keep printing trillions upon trillions? They have done away with fractional reserve requirements. They have been buying every asset under the sun no matter how covered in shit. I don't trust this system and you shouldn't either.

>>18083169
Based insectoid chink

>>18083169
>Shops don't raise prices because the fed just printed trillions. People won't accept your shiny rocks in exchange of soup. The whole system doesn't collapse and fiat is still the measuring stick for exchange. People don't stop accepting it suddenly because more was printed.
It all happens with a delay. First the Warren Buffetts will get rid of their dollars, then the regular investors will figure it out, then the Dave Ramseys will figure it out and THEN the normies figure it out. That last part is when hyperinflation happens.

>>18083613
VERY GOOD GOYIM

>>18083169
why do these girls are such perky tittties?

>>18085995
they are made to breed

>>18083209
All rook same

>>18084626
I’m a fucking normie and I’m already offloading my ameribucks and so are all my friends. This shit is coming and the only reason for the delay is because of how fucking retarded the average American is in regard to the fundamentals of money and economics. Buckle. The. Fuck. Up. Keynesians

>>18083169
Didn't read,
There are special places in hell for homeboy.
Pffft >.<

>>18083283
>nyone shilling fiat or stonks is a paid shill and must be killed.
even if the dollar collapses stocks will moon

Behavioral sink causes our demise, not monetary policies.

>>18083237
So if you have it "figured out" why are you still poor?

>>18084250
>At least use that meme right
Except he did though.

>>18083169
"people won't accept" - you don't know what the future holds.

that's the point.

just like you say "people will never use Verasity to buy things off game in house purchases"

but they will, anon. that's the spec rub

>>18083169
just imagine when it's europe's turn : )

>>18083613
You needed to post a few more times before you outed yourself as a BSVjeet

#The goal of introducing FNX is to provide a convenient and secure mode of payment

>>18083169
>intrinsic value is a meme
>bitcoin is worthless

>>18083169
The Schiff has sunk.

>>18083209
its andrew yang

>>18091530
Imagine being this premature in your triumph

>>18083209
and he should be. The only sex white "men" should be allowed to have is strapon sex.

>>18084281
Shits really fucked, its kicking the can again, what's the point of a free market if you literally cant have anything fail

>>18091172
>>18084250

>>18091491
I said for the most part. Though some things have more value than other, we still suck hard at paying the fair price of things. It's all about the story we make about those things.
BTC is truly worthless because it has 0 utility. Since a coin is not physical, it needs utility for it to have value, it needs a purpose. If there are enough fools to think it's a store of value or some sort of digital gold, it might hold some value, but as more and more people realize its existence has no purpose, it will continue going down and down.

>>18083169
>posted 7 hours ago

>>18083969
Do you know what decentralized means? There's no Bitcoin network as you describe

>>18091636
So I can wear a strap on and fuck your mom's pussy and ass at the same time

>>18083283
You can literally buy gold on apmex right now.

>>18083169
>btc worthless

You know currency is supposed to be immaterial/worthless so as to be fungible

>>18083169
>Austrian economics are wrong. Keynes was right.
keynes was wrong, mises was wrong, they were both wrong
also literally
every
single
"""person"""
in OP
is a man

>>18091182
Ok I'm buying VRA. Fuck this other shit.