/biz/ - Business & Finance

>>26000569
wow I hadn't thought about it that way, thanks. Just sold everything.

You can make a lot of money in crypto - Nope. Not for most people. The only way someone makes money in crypto is if someone else loses money. Don't be fooled by survivorship bias.

Company X is making a fortune in crypto - Nope. They're making a fortune exploiting people who hope to make money in crypto. Exchanges don't make money from crypto. They make money from people. Crypto doesn't generate any value.

Crypto is a good investment - Nope. You're not "investing" in anything. Stocks represent actual intrinsic value in companies that own assets and can generate income. Ownership of crypto does not create any value or represent any assets. The only way crypto increases in value is through recruitment of downline buyers - which is the textbook definition of a MLM/Pyramid scheme. Just because some people make money does not mean the model is in any way, lucrative for even a noticeable percentage of players. Most people will lose.

Bitcoin is a store of value, better than gold, etc. - Nope. See the above "Crypto is a good investment" myth. Comparing crypto to another system and saying it's better is also foolish. Gold is also a relatively lousy "store of value" when compared with stocks and other securities. A "store of value" is just that: a store of value. Bitcoin neither represents anything "stored", nor anything of "value." Bitcoin has value because of marketing hype, not anything tangible. It's popularity is a "fad." And yes, some fads can last decades. That doesn't mean they'll be forever appealing.

Crypto is great because ____ [fiat, government, The Fed, taxes, etc.] sucks - Nope. If you have to talk shit about a very useful and necessary part of society and the economy, in order to make your fantasy digital dollars seem reasonable, your argument is weak. "I have a car with square wheels. It's the best because soon, everybody will learn the secret of how corrupt round wheels are!"

>>26000569
The problem with consensus that isn't proof of work is that it always equates to "buy my premined scam coin and stake it for ponzi tier returns"
no, your shitcoin isn't going anywhere faggot
proof of stake is a fucking scam and I'm not buying your bags

>>26000569
I've spent so much time on here shilling Bitcoin from 12 to 30. Spent a ton of time arguing with you guys. I don't care anymore. Spend time DYOR. Watch a few hours of each of these guys. I'm convinced there is a segment of the population that simply lacks the creative ability to understand Bitcoin. Anyways;

Michael Saylor
Raoul Pal
Jeff Booth
Preston Pysh
saifedean ammous (debate with schiff was good)
Andreas Antonopoulos
Watch Ray Dalio's how the ecnomic machine works

>>26000569
AAAHH-HAAA-HAAHAHAHAH-AAAHHH
FOOL!!
op is a massive fucking faggot - check'em.
>Web3.0
Better to have ownership somewhere. In which ASSETS do you have ownership? For the record, I'm not sitting on $$$$
IOV is here. The Great Reset has already been initiated. This choice couldn't be more clear, even within crystal.
>Within the decade
Within the decade

>>26000569
Kek chill, /biz/ is for shilling your shitcoins into retards so you can dump the pump into big dick crypto like Ethereum and Bitcoin.

Everyone knows this who has been here longer then a week.

>>26000569
The mining and the proof of work algorithm maintains an incorruptible public ledger. Sailing a boat does not. On this incorruptible public ledger people may choose to use it as a monetary system, and that would be a rational choice because other actors can't cheat.

>>26000569
>>26000647

have fun staying poor

Hahahahaha your tears are delicious
Thanks for the money, I won so there must be losers ie: YOU

>>26000989
fuck you sam you bought the top deal with it

>>26000569
This is somewhere in the 45 percentile of quality efforts to scare off newfags last month on /biz/.

Try again later, bro.

>>26001189
what's the top 90th percentile?

>>26000989
anyone who has a ba s hills or some are better than others. look at murad mahmudov - top shill but was liquidated in march and has been on radio silence ever since. once you’re out of the game you have no incentive to shill

It’s going to a million infinity+1. Refute that

This is a copy pasta from r/buttcoin right? lmao those guys literally take pride is being poor and ignorant. It's as hysterical as it is pathetic

>>26001213
TA hyper-simplified retardation and penis pepe posts.

>>26000569
C O P E