/biz/ - Business & Finance

>>22533954
Will reading this make me rich?

>I want to hear your criticisms and why this is not treated as the finance equivalent of the bible.
And I want to fuck Hannah Herzsprung. Let's see who gets lucky first.

You are going to need at least 1 Bitcoin to survive the apocalypse. You don't have much time left to accumulate.

>>22533998
No, buying crypto will make you rich. This will just make you understand why

>>22534035
>Hannah Herzsprung
meh

>>22534120
I bought some a long time ago and I am not rich.

>>22533954
read the book and enjoyed it thoroughly. But BTC is just a long term hedge and should be a small part of your portfolio not something you go all in on hoping to get rich

Read the fkn book cunt

>>22533954
Bitcoin is the biggest shitcoins of them all. Its value is in speculation only, the moment cryptocurrencies become truly needed and mainstream Bitcoin will die because it's simple not suited for mainstream usage.

>>22534120
>crypto
No, buying Bitcoin will make you rich, but buying altcoins will make you lose everything.
The book explains very well why only Bitcoin will win in the long run.

Why would I need to read some boomers hot takes on a topic that I'm already proficient in?

>>22534405
BTC can't even handle smart contracts. Let this joke die already

>>22533954
Nobody on this board can afford a single bitcoin anon they all got here 3 weeks ago. They also can barely read as far as I can tell.

>>22534405
alt coin speculation will follow bitcoin in the next mania
Take the gains and convert into even more bitcoin. stonks

>read/listened to
Audiobooks and lectures are not the same as digesting the info through reading you faggot, stop encouraging these kids' ADD

>>22534401
Bitcoin is the only reason any crypto currency has any value. Without it your shitcoin of the month is just 1s and 0s. Go back to where you came from.

>>22534401
kys fag poorfag. once the citadels are built you will be organ harvested and chopped up into dogfood.

If anything, it made me extremely bullish on gold and silver in the long run. It's really not about Bitcoin as much as it is about fiat vs the concept of sound money. He does a real good job of arguing why Bitcoin is considered a sound money, while also illustrating why Keynes is a faggot, fiat ruins savings and punishes those who save rather than invest, and does a good dive into why the economy was poopoo and the gold standard was not responsible for the economic turmoil of the great depression. He also really hits home a fact that fiat is why war is allowed to continue as an industry. The fed can just print more money to find their silly fucking wars like in WWI. The most pointless fucking war in history. So then when the GED refused to repeg the gold standard, they tried to bail themselves out and failed hence the depression.

It's a good read and really easy to understand. It's more like an introduction, but everyone here should read it. It gives context as to why Bitcoin isn't going away.

>>22534609
Audio books are brilliant. Think about how many hours you spend driving. Now you are reading

I certainly digest information better when listened to

Stop being scared of technology boomer boy

>>22534615
Bitcoin is a purely speculative currency that will exist as a legacy investment. It's like owning a thousand pages of Sears stocks. No one will ever actually want to trade anything that can't handle smart contracts -- same with Ethereum 1.0. It's gas fees are too high and it takes forever to do fucking anything. Our current crypto currencies are like using dial up in comparison to what is to come.

>>22534738

Too poor to own 1 Bitcoin. You will not survive.

>>22534682
Thanks for your considered engagement

>>22533954
As soon as it started banging on about modern art.

>>22533954
>buy 2$ coffee
>3$ transaction fee
>wait 30 mins for confirmation
>coffee is cold by time transaction is confirmed
>*sip* "hmm cold coffee, made possible by the bitcorn standard. What a time to be alive"

>>22535060

coincidence that cold brew really caught on after bitcoin?

>>22534738
>t got into crypto one month ago and is all in ETH killer #6452946

>>22535060
hahaha i agree with your point but i think it will more play a role of digital gold with a faster transaction network on a different blockchain
Bitcoin is too clunky to process all of the worlds transactions

>>22535143

if a different blockchain is that much better, why would a less capable blockchain represent the preferred location for storing wealth? doesn't make any sense.

>>22535060
>Use copper coins to pay for coffee.
>Gold is now worthless.

You will not survive.

>>22535321
This mo fucker gets it >>22535301

>>22533954
>letting every single person know how much you own and where you spend it
I seriously hope you guys don't do this...

>>22535060
you forgot
>cashier is an ex-gang member
>sees you have 13 bitcoin on the same address
>tells nigger friends to jump you and beat you with a wrench for your corn
gg no re
imagine if every transaction with your credit card also told the tender your entire balance LOL

>>22534726
Driving is meant to be introspective you pleb

Bitcoin is better suited for settlement funds since you can move lots of money real fast vs just using it to transact for coffee or something. That's why these layer 2 solution and tokenization is good

>>22533954
Bitcoin is the probably bigger than the web as far impact on society.

We witnessed the birth of digital gold. Its not a meme. It’s actually amazing. Its inly a matter of time now before the bitcoin monster gobbles up everything

>>22536043
Why would someone have 13 btc on one address. This is the dumbest argument you could make

>>22536283

why would people have to segregate bitcoins to different addresses? seems inconvenient.

>>22536043
>buying coffee with BTC
What fucking year is it? Nobody is suggesting you should do that. But what you can do is store your wealth in a system that is not controlled by any state government, cannot be printed on demand diluting your stake in it (like the USA is doing at insane rates right now), and you can transfer as much of it as you want to anyone else in the world in minutes without a 3rd party involved. If you can’t understand how valuable that is you’re either a retarded zoomer or a nigger.

>>22534668
This has to be chinese fud, prove me wrong bat eater.

>>22536431
It's done automatically by 99% of wallets moron

>>22536439

right, so digital money can't be used as money. talk about failure.

>>22536273

>>22536692
>ACH does 2.45 Million transactions per hour.
>Keeping transaction money in savings account.

You will not survive.

>>22535060
>Can't into proper UTXO management

Not gonna make it

>>22534336
Either all in or nothing you cuck

>>22536692
You can still use it for online purchases

OP honey... people here dont do books or studying

They just invest a few thousand dollars of their parents money hoping to get rich from doing no work

>GET OFF MY BACK MOOOM
>ILL GET RICH FROM MY CRYPTO
>MOOOM IM GOING TO GET RICH DOING NOTHING
>STOP PESTERING ME IM WORKING HARD DEPOSITING YOUR MONEY TO BUY CRYPTO

>>22534703
>14 likes
>literal who
it's your twitter, hahahahaha, fag

Mastering bitcoin: what and how
Bitcoin standard: why
Digital gold: who and when
If people on this board actually read these books they would realize it's the greatest invention if the 21st century. I dont expect them to though just like I dont expect my dog to do my taxes

>>22536431
>why would people segregate their dollars to a savings account and a checking account? seems inconvenient