/biz/ - Business & Finance

press s to spit on this boomers grave

>>50148446
Ohh the irony. Not your keys not your bank Peter.

>>50148446
Well well well well well

>>50148446
>Guy calls out ponzi-nomics of crypto
>People who are large stakeholders in crypto get mad and smear him in the media and use government to fuck him over
Some of you are extremely retarded. A dissenting voice is needed, to discourage retards from getting scammed and then crying to government to shut down all crypto.

This guy always looks 3 deep on gin and tonics. He’s a barely function alcoholic retard raging about an age that died 30 years ago with his childrens future.

>>50148730
>>Guy calls out ponzi-nomics of crypto
>>People who are large stakeholders in crypto get mad and smear him in the media and use government to fuck him over
You are very bold to assume that someone gives a fuck about him fudding crypto.
The real reason is that he is fudding USD money printer, fractional reserve banks and the rest of the US jewery.

>>50148778
>This guy always looks 3 deep on gin and tonics.
he has to live in puerto rico so he probably is

>>50148446
I kekd

>>50148730
>Guy calls out ponzi-nomics of crypto
he has been calling bitcoin a "scam with no future" since when it was 10$.

>>50148730
>crying to government to shut down all crypto
and how is that a bad thing???

>>50148730
>People who are large stakeholders in crypto get mad and smear him in the media and use government to fuck him over
See now son this is just plain wrong. If anyone is shutting down schiff it's a bigger goldbug or the fiat mafia.>>50148793

>Puerto Rico regulators closed my bank anyway for net capital issues
Net capital regulations are just common sense things you should do if there are sharp changes in the values of the commodities, that you have enough working capital on hand to provide liquidity. The reason why kikes can't bring themselves to do this is just shear greed. I.e. if you have capital just sitting there in your bank account, it's not making you money. This is the kind of short term thinking that will bring down a business. And it has already happened in the banking sector several times (not just with the financial crisis, before that it was fractional reserve banking causing runs on banks). Ironically enough, we don't need more regulations, we just need less Jews in finance. You just ban them and you won't need keep making regulations for the next stupid, short term greedy thing they try next.

>>50148484
s

>>50148730
>the puerto rican banking regulator owns lot of crypto.

All of this is cope of statists to the fact that regulators are out of control due to being under administrative law in every fucking country.

What happened? The link is broken

He should'd buy bitcoin instead of fuding and he wouldn't be broke.
You can't explain basic things to boomers and normies, they are retarded

>>50149544
he got margincalled

>>50148446
If only there was a way you could manage transactions without having to trust third parties. You know, so that banks and governments can't arbitrarily freeze your assets and such. I bet such a system would be useful and valuable.

>>50149679
Based and gold pilled
>>50149667
Nigger

>>50148936
>people in glass houses etc etc

>>50149679
nah what you describe has no value.

>>50149679
There is no such system.

>>50148730
>2+2=3
>guise a dissenting voice is needed
>calls you extreme retards
go back to r*ddit subhuman

Skiff has no physical gold does he?

>>50150910
How could he not have gold? All he does is shill it.

>>50148446
what the fuck ahahahahah
poor peter

>>50150910

If he is smart then he owns no gold whatsoever because his income is highly dependent on the gold price. He can hedge his income risk by not owning gold, even if he likes the asset.

>>50148446
>>50148936
Everyone laugh at the jew goldbug midwit

>>50149377
>And it has already happened in the banking sector several times (not just with the financial crisis, before that it was fractional reserve banking causing runs on banks). Ironically enough, we don't need more regulations, we just need less Jews in finance.
You are already proven right, this bank was - according to Schiff - a full reserve bank yet his grubby hands still managed to claw away enough capital that it became insolvent.