/biz/ - Business & Finance

>>54028302
Crypto was made for this dumbass

Bitcoin was designed with the intent of circumventing this retarded system

>>54028302
Crypto investors are the dumbest of dumb money. Simple as.

>>54028302
Where do people put their money after withdrawing from a bank during a bank run?

>>54028351
And yet crypto is infinitely more sketch than this shit
Still holding but to believe that money's value is manifested in its use is the only way to reconcile its actual value.
We were on the gold standard during the great depression, and guess what, people abused it
Just like FTX
The problem is people will scam seashells, rocks, dollars, or bitcoins.
Nothing is trustable but the stars and fire.

>>54028351
Have you been paying any attention for the past 5 or so years? Crypto is completely reliant on the traditional finance system now and many of the top projects are explicitly VC scams.

Retards that thought fuat was safe now think buttcoin is safe.

Meanwhile actual smart people are still stacking gold and silver and laughing as everything collapses.

>>54028302
Its almost as if it is all fake.

>>54028302
it will dump back down on Monday when Fed bails out the banks.

>>54028302
Im not fucking selling
Im not fucking holding any fiat

I DRS'd my shares
I OWN my keys
I HAVE IN MY POSSESSION pure fucking gold.

Fuck all you niggers
Fuck all you Jews

MOST IMPORTANTLY FUCK YOU FUCKING JANNIES CLEAN MY ASSHOLE AND LICK MY FUCKING TAINT NIGGER RRRRR

>>54028554
Just going to add since I forget.

I also HAVE several guns which are FULLY AUTOMATIC
I also HAVE many many bullets to last me YEARS
I have also SEIZED THE MEANS OF PRODUCTION of GUNS and BULLETS

I WILL FUCKING KILL AND EAT MY FUCKING NEIGHBOUR I DONT FUCKING GIVE A SHIT I WILL FUCKING RAPE YOUR WIFE AND EAT YOUR FUCKING CORPSE.

>>54028407
This is wrong, ethereum needs 0$ daily injections of capital to maintain it's market price

BTC needs less than 20m for the miner dump which considering it's 400b marketcap it's fucking nothing.

Meanwhile we are now talking about a single small bank needing 200 billion usd in rescue while us entire yearly budget was 3.5 trillions in 2019.

This means 15 small banks defaulting in the usa would need a bigger rescue than the entire yearly 2019 budget.

If you don't understand how strong crypto is and how weak the tradfi banking system currently is i don't know what to say to you.

You need to put things into perspective.

People are dumping USDC for BTC and ETH and anything else

Also to a lesser extent it bolsters the "banks are ran by evil greedy insolvent kikes" angel

>>54028302
exodus from stable coins

>>54028630
Violent idiots like you are gonna waste one another with paranoia-driven infighting.

Dead Cat Bounce
E
A
D

>>54028302
crypto already dumped last week
everyone already sold
same thing as last year during the spring/summer crash desu
everyone sells cryptos first before stocks, so it leads the market
stockfags on suicide watch, cryptochads wagmi