/biz/ - Business & Finance

The Silver Red Pill

Metals are the real thing, even though most of us discard them as stuff for boomers. Metals are the real crypto. Because scarce and decentralised is just a narrative for crypto, no crypto is really scarce and decentralised. For metals on the other hand this narrative is 100% true.

1. Scarcity: developer teams vs mother nature. Crypto is not scarce. You know how the narrative goes, "muh crypto is digital gold, finite supply, supply defined by an algorithm, not a central party". This is BUUULL…SHIT! These algorithms are created by humans, and they can be changed to, for example, increase supply. Even in bitcoin's case this is perfectly possible. With metals this is NOT possible.

2. Decentralised: again, dev vs mother nature. No cryptocurrency on earth is decentralised, in every single cryptocurrency the developer team can implement new features, or remove some features. So no cryptocurrency is really fixed in stone. Metals, on the other hand, cannot be changed. Every ounce of silver will have those properties that make it silver forever. Guaranteed by mother nature.

If tomorrow the world goes apeshit and you and your family find yourself in a life or death situation, where you must pay for safe passage, do you think they will take your bitcoin over some rich dude who pays with bullions of silver/gold? Not in a thousand years, rich people know this so they accumulate real wealth while we flip digital beans. Banks know this too, so they try to accumulate as much of these metals as possible. Once millennials get red pilled though they will start accumulating PHYSICAL silver (the most undervalued precious metal out there), and all the money made on crypto or about to invested in crypto will move to silver. The short squeeze WILL happen. And whoever moves first will make a shitload of money too!

>>27597845
buy litecoin, it's digital silver, nobody wants rocks.

>>27597845
Yes, but only for now. There was a run on physical, but the paper price dumped which is still tied to the physical price. Wait until March whenever dealers get some level of physical supply left and you might see prices closer to spot, unless people catch on to the fuckery in the silver market and we finally see the separation between physical silver and paper silver that can't be delivered on.

>>27597845
Silver has been sold out since the rona hit ya goober.

Buy mines, moron.
AG, LODE, NAK.
Yesterday was market manipulation. How could the price of a supplier fall in the face of unprecedented demand?

>>27598033
Don’t try to convince people, need more time to stack. A financial collapse is on the horizon, it doesn’t need to be accelerated. I need more silver for acreage, serfs, and you know...

>>27597845
I’ll sell you some physical.

>>27598496
Housewives?

>>27598111
>2 more weeks
I will be able to buy my boomer rocks at the fair sport price in March? Thank god! I will screenshot this just in case.