/biz/ - Business & Finance

>>29505664
Pepe Stiff is always right

>>29505664
1. Making profit with crypto was the whole reason why I was able to afford any silver/gold in the first place

2. I can't buy books from political dissident websites like counter-currents.com with a credit card because they're banned from using banks, and I can't do it using silver because shipping coins to the other side of the world is impractical and expensive. I can only do it using Bitcoin/Monero.

>>29505664
>BTC
up 60% from start of year

>Gold
down 4% from start of year

>>29505664
Ironically, in a 1000 years we'll probably still have nerdy enthusiasts in different star systems trading bitcoins back and forth and keeping the original blockchain alive for shits and giggles when gold has long become overabundant due to mining of moons and asteroids and artificial gold creation through nuclear fusion reactions.

>>29505664
STORE. OF. VALUE.

>>29505664
He's right about gold
He's wrong about crypto

>>29506688
>has long become overabundant due to mining of moons and asteroids and artificial gold creation through nuclear fusion reactions.
spotting reddit basedlords is too easy these days

>>29506826
just imagine meeting aliens and you show them shiny rock LOL

>>29506825
>He's wrong about crypto
*loses 30% of its value in hours*

>>29506688
SHA256 would be long broken by that point

Get in commodities lol

>>29507196
imagine unironically thinking quantum computing will ever be anything more than vaporware

>>29506933
Imagine meeting aliens and you show them computer code

>>29506825
kinda based

oh, would you look at that, the market is back up

Jesus, you little kids are pathetic. When you grow up, let the rest of us know.

Chumps.

>>29507325
cope

>>29507325
Kek delusional

>>29505664

Keep calm and keep buying silver stocks.

>>29505664
fuckin ridiculous at this point to even consider gold a hedge. you know they're printing like crazy and we're seeing real inflation of 5-10% a year. Gold has stagnated. It doesn't hedge against shit.

Only usecase is an absolutely SHTF scenario, but even in that case PM's will still tank just like everything else momentarily which will be your buying opportunity if that's your thing. Holding boomer rocks is the definition of opportunity cost

>>29507196
>SHA256 would be long broken by that point
No shit, also every NES and GameBoy game worth playing has been hacked, but people still play them on emulators. They won't be using Bitcoins as a real currency for their day-to-day activities, it will just be a hobby, like some people still write programs for the C-64, run old bulletin boards and communicate through morse code using HAM radio.

>>29506198
this

Uhm no lol.

>>29505664
yeah bro, gold is such a great investment that if you're a boomer who bought it in 1980, you might possibly break even this year

>>29507196
>when you realize Bitcoin is basically just a giant bug bounty for SHA256 encryption so we can never send information the government doesn't like

>>29507811
Hello rabbi

>>29505664
the most unfortunate thing about schiff is that the biggest group of people that agree with him about current "establishment" finances being a ticking time bomb simultaneously hate him because he sees crypto being tethered (no pun intended) to the current established financial system, and getting destroyed in the future. I think schiff is right that the US government is headed towards weimar, but I'm not sure if crypto can survive a total market collapse. The only way it can is if it provides better technology than whatever comes after the crash.

>>29506688
There will never be deep space travel.
There will never be a full colonization of another planet.

Grow up, manchild.

>>29509508
this. niggers ruined everything. chinks can do nothing but copy so if they become the global super power it will just be like 1984 style dystopia

>>29505664
Wow that really stored my value

>>29508519

>>29505664
As much of a douchebag this guy is, at least he looks and acts the part like a chad. Literally no one can put this boomer in his place because he simply won't accept it.

>>29507196
Redpoll me on sha256

>>29506198
Fuck Gold, its all about Silver

>>29508298
I can send you random charts too

>>29511653
>Redpoll me on <...>
>>>/pol/

>>29505664
faggot is only relevant because he trolsl Bitcoin

>>29506688
the future! not now!