/biz/ - Business & Finance

>>49716693
Of varying size and complexity, yes.

>>49716693
yes but only the US dollar has the entire might of the american military behind it

>>49716693
Not Litecoin or Bitcoin

>>49716785
and the military is paid with what ?

>>49716693
I mean the entire world economy is
more babies, more printing money
that's how its done, crypto is just a copycat

Even the stock market, forex (fiat), gold, bonds. All of it.
Invest in things of real value, like a family, a farm, guns.

>>49717088
arab blood and foreskin de-aging cream

>>49716693
Always have been.

>>49717088
Good ol American patriotism La Le Lay Lou La

Everything is a ponzi scheme, and that's fine.

Well its not technically a ponzi, not in the strict definition of the term.
More precisely, it's a "mania", a bout of irrationality prodded forward by sharps exploiting dummies.
We still have tulips, we still have dot-com firms and baseball cards. Tokens will not disappear, but the get-rich-quick cycle is ending.
It is telling that the US dollar is gaining strength at an unprecedented pace at the expense of almost every other medium of exchange.

>>49716785

Fiat money always fails. Even when they have the power of Empires behind them. All of human history is proof of this fact.

The real people behind money know this and will switch us over to a new type of Ponzi before the old one fails.

>>49716785
Fiat currencies aren't ponzi schemes you stupid faggot. Central banks create inflation to ensure that you don't "invest" in the currency and fuck up the economy. A currency is just commercial lubricant. It makes it easy to trade.

>>49717287
La Li Lu Le Lo

>>49716693
Yes - just like the tech stock bubble in the late 90s.

>>49718020
I don't get the point of this chart. As long as wages keep up with inflation what's the issue?

>>49716693
Yes. Can someone here explain what do you need bitcoins for other than to sell them more expensive than he bought?

>>49716693
Yes.

>>49719192

>>49719192
>I don't get the point of this chart. As long as wages keep up with inflation what's the issue?

i'm 300 years old and retired 240 years ago and i'm MAD AS HELL that my savings are worthless!

>>49718020
Do you have a chart of how purchasing power changed but for the 100 years before the fed?

>>49717184
stocks are % ownership in companies that produce actual value in the world. Some stocks pay dividends too meaning you get money from their revenue by having that % ownership.

Forex I am not that familiar with, but there's value there too.

Gold is actually useful in a lot of things, every electronic device has a bit of gold in its semiconductors, and these range from cell phones to laptops, computers, cars, trains, televisions, etc. If you wear it you can show it off.

Bonds have value too, they are government issued and the government promises to return to you that capital with interest.

>invest in things of _real_ value like a family, a farm, guns

Yep relationships have value. Land has value. Physical items have value.

This doesn't compare to crypto where it basically has no value, and it's features are copy/pastable. You can literally make an exact clone of Bitcoin and have all its features for free, essentially not giving it any value.

Basically all crypto is a ponzi and you are basically retarded if you think otherwise

>>49721824
The problem with "sound money" and deflation is that no one will spend it. If your money increases in value every day / year, then you won't want to spend it now, but save it for later. This will destroy economies when no one is spending anything, only saving.

>>49722223

We used gold 200 years ago and it was pretty stable currency. You didnt get rugpulled.

>>49722559
>It's actually for your own good that you get robbed of your purchasing power
Imagine believing this lol

>>49716693
Industrial society is a Ponzi scheme

>>49716693
US dollar even, they all are.

>>49716693
it's all manipulated with junk bonds, you can't win

>>49718270
I appreciate what you’re doing, but you’re wasting your time. This board is huffing the copium too hard to see.

>>49716693
>fiat (usd for example)
>stocks
>bonds
>cryptos
Yeah pretty much

>>49719192
Well stuff that you saved is worth less as times goes by wich means that you have to keep working constantly to get fed or to store it in other way that is not dollars. You dont need to make them slaves as long as you make them insecure as hell so they have to keep moving on and control the currency. Try and move to some isolated place and see how much time they take to search for you. We never left the middle ages, its just more sutile

>>49716693
ILLEGAL UNREGISTERED UNLOICENSED

>>49722449
Have you not seen how many times companies have screwed over shareholders? Look at twitter attempting to screw over the buyout that is financially obligated to be done by the conpany for the shareholders. Nah instead they shoot themselves in the foot. Don't give me that spiel on stocks. It's a ponzi and I only participate to get rich and gtfo once I do leaving no more than low double digits in it just to keep milking the ponzi for as long as possible but with low effort.

Bonds are also a scam. Government can at any time declare them worthless. Or it collapses. Dont believe thats possible? Then look at them doing bails in to save the banks, yes you the citizens money is used to fix the greedy banks did. Thats the insurance policy anon if someone has to get screwed you are the one that loses in that ponzi scheme. So the same applies to government bonds.

Other than gold being a shiny beautiful metal it'd hold some value in a collapse scenario at least amongst those who are thriving post collapse. All the other ones worthless.

>>49722559
Thats retard, you HAVE to spend it want it or not, you have to eat, what it really causes is overexpending. What it really does is making you a literal slave. Currency is taxed through inflation and also things are setled so there is no other thing that stays permanently on time with a secure value. Its just a more sulite whipe for the modern slave

>>49716693
The entire economy, even non debt based is a ponzi scheme, the difference in crypto (DeFi at least) is that non jews can control it as well.

>>49716693
life is a ponzu scheme, this is what everyone fails to understand. Does it matter if what you're investing in is worthless as long as it makes you money?

>>49717088
College tuition and a free small cone at dairy queen (when they wear their uniform)

>>49716693
no, they're all just crooks and sociopaths.
slight, but subtle, difference.

>>49716693
Not its worst