/biz/ - Business & Finance

>>49320629
oh boy just 1 btc? i cant wait to make it and have generational wealth after i'm dead and gone

>>49320678
>oh boy just 1 btc?
yes, hyperbitcoinization isn't a meme

>>49320629
imagine the salt

>bro you can totally own 1 beanie baby, there's only 10 million of them. People will covet them and trade more than you paid for it in the future bro, trust me

>>49320629
Are Americans even human

>>49321040
you should really do some more research into Bitcoin man I used to have this view too but I was pleasantly surprised. The way it's constructed means it has got a super unique role in our global financial system that isn't just going to die away, it's truly unique! I know it's hard to wrap your head around some magic internet money having value but it's blindingly true if you read and think about it.

>>49321237
It's not unique in the sense that i can deploy a token on ethereum matching btc's properties in 5 minutes.

What's going to happen to btc when the mining rewards reduce so low that's it's no longer profitable to mine?

I'll just get that spare 30k I leave around the house.

>>49321360
>It's not unique in the sense that i can deploy a token on ethereum matching btc's properties in 5 minutes.
Yeah like 0xbitcoin and look how well it turned out. You have no idea what you're talking about if you think you can just copy Bitcoin

>>49321461
I didn't say it would be successful. I said it's not unique

>>49320629
i'm gonna puke with all that salt content

>>49320629
Mmmmm cheesy sauce with shredded pasta.

>>49320629
>75 minutes to confirm that your 22 dollars and 44 cents actually made it to the dunkin donuts
yeah i dont think anyone ever took this shit serious

>>49320629
>30k a coin
or i can use that as a deposit on a rental property and own something

imagine the smell...

>>49321461
>>49321515
as in bitcoin has no intrinsic value that isnt already present in many other variations of cryptocurrency

>>49320758

Salt is important, more important to the body than sugar. You can never have too much salt.

>>49322077
dubs of retardation

>>49320629
The second bowl of cheese made me laugh

>>49322244
Checked , his blood vessels are bout to explode

>>49320758
>>49321549
>>49322077
It's not salt, it's parmesan you fucking subhumans.

>>49321237
>it's totally not a beanie baby
>reason: I said so
Butcoin is a ponzi scheme. New money must enter to reward first holders. New money must enter to pay the electrical bills of the miners. Miners must sell or borrow against their mined BTC to keep the lights on. Miners must run at all times to keep the integrity of the block chain. Miners almost always borrow vs their bitcoin adding way more risk.
Its a huge house of cards and ponzi scheme that will collapse spectacularly at some point.

>>49322386
>Is parmesan cheese high in sodium?
While Parmesan contains vitamin A and is low in fat, it still contains a fair amount of sodium.
>t. parmesan chugger

>>49320629
There are a lot of clueless incels who look like this guy and bitch about how no woman wants to fuck them

>>49322386
It's not parmesan. It'll be some butchered version.
Only Italy is allowed to make parmesan.

>>49321573
kek

>>49320629
yes until a supercomputer cracks the network obviously

>>49320629
I asked a fat woman to make me whatever she would drink at Starbucks and she made this. Absolutely horrid. It was like drinking straight out of the syrup bottle.

It was then that I realized fat people are a different species. Their consumption of sugar has mutated them into another creature that is incompatible with normal life

>>49320629
Bitcoin will go to 0

>>49320629
that food is the cause of that hairline

>>49321360
>>49322421
While it sure seems intuitive to look at btc like a ponzi or a sham it takes a nuanced understanding of finance and economics to see where it's value comes from - its unique properties! Hardly an efficient means of exchange but a store of value tailored to perform under specific economic conditions like no other asset could! Only once you develop a mature understanding of economics will you see that you are both dumb niggers!

>>49321360
>I can put a Lambo exterior on a Trabant chassis

>>49320629

>> owns 1 bitcoin
>> has generational wealth
>> can’t spend a single satoshi because wouldn’t have 1 bitcoin anymore

Unspendable generational wealth is the same as no wealth.

>>49324210
That's why you should strive to get more than 1 Bitcoin by taking profits on shitcoins and re-investing them in Bitcoin

>>49320629
>You just need 1 BTC to actually make it as it will eventually become akin to generational wealth
lol
Lol
LoL
lOl
LOL
LOOOOOOL

>>49322421
What a day that will be. Could be coming soon, with China positioning itself to drop the USD and return to gold

0.21 btc make it stack
2.1 btc generational wealth

it'll just take until 2030 though

>>49320629
What is that, some kind of Slav or perhaps an Englishman?

>>49321360
The actual answer to your question is that as block rewards approach zero, miners will have to source more and eventually all of their revenue from transaction fees. Presumably, users will need to pay more than they currently do to maintain the same network speed and security.

>>49320629
'kn hell

>>49324936
>>49321067
looks like an Englishman

>>49320629
daily reminder that this is what all the midwits in crypto currently think, so you know it's wrong

>>49321360
the value is in the network, dumbo

>>49321067
That's the most English looking man I've ever seen in my life.

>>49320629
get back to work, percy!

>>49320629

Bitcoin was not, is not, and should never have been considered an 'investment', it is an alternate currency.