/biz/ - Business & Finance

>>54058404
Cash not digit on screen

>>54058404
>banks
>cash
are you retarded? cash means physical cash, and you dont store it in the bank

>>54058404
Cash is trash

>>54058408
/thread
frog poster retarded, as usual

>>54058407
>>54058408
cope cope cope

>>54058404
>cash is king
Yes cash is indeed king maybe now more than ever. Digits on a computer are not cash

>>54058404
>Retards doesn't know the difference between cash and bank deposits
op you just delete this retarded thread and kys

>>54058408
But the source of cash is ultimately the banking system. It's not like the fed just mails out bills to people.

>>54058424
>>54058433
>>54058453
FOUND THE MUTTS AHAHAHAHA WHERE DO YOU THINK YOUR MAGIC PAPER MONEY COMES FROM

>>54058404
King isnt intended to be a positive name in finances, anon

If only crypto wallet use isn't so hard to know and can be used as payment like debit card globally
But they hate the idea of us goyim has access to money personally

>>54058456
cash is the only real fiat, everything else is an IOU. We learned the hard way here in Argentina, looks like you're about to learn too. Drug dealers are gonna own your ass soon

anyways I hate jews bye

Can't service denbt contracts with shitcoins.

>>54058404
>bitcoin is the next commodity
>still not usecases 15 years later

>>54058507
>price at start: 0.001
>price 15 years later: 20k
>no use case tho
>price 15 years later: 400k
>hurr no still usecase
the usecase is self evident

>>54058468
The federal reserve, which doesn’t deal with consumers directly you dumb fuck.

>>54058517
still no usecases

How is that funny though

>>54058517
>he thinks bitcoin will be worth more than all of the large banks combined
What a retard. I can’t wait for this bubble to finally burst so I can stop hearing from all the “enlightened” crypto bros that only bought the top

>>54058404
If it's in the bank, it's not cash. Retard.

>>54058485
Yeah I don't disagree, all I was saying is it's not stupid to associate cash with banks.

>>54058549
>more than all of the large banks combined
huh? where did i say that
>>54058557
banks dont print the cash the treasury does, banks only give loans or take deposits afaik. There is a 1:10 ratio between physical and digital fiat aprox

>>54058407
>cash is king
>confiscated in route due to civil forfeiture unconstitutional laws

>>54058570
>bitcoin price figures you mention don’t translate to market cap
Ohh okay you’re just a mental midget

>>54058407
>>54058408
>>54058424
>N-no I keep hundreds of thousands under my mattress

cope

>>54058404
>thinks debit is cash
kek

>>54058651
you think all largest banks combined are only worth 5 trillion? holy shit you are stupid

>>54058491

>>54058662
Top 10 global banks are only worth around 2 trillion dollars and you think bitcoin will be worth 2.5x what they are worth with zero use case

>>54058766
https://en.wikipedia.org/wiki/List_of_largest_banks

You said "worth more". Worth means assets not marketcap. In other words, you're stupid

>>54058404
>Stay at home.
>Get the jab
>No, you can't withdraw your money.

>>54058816
>>54058766
Both points are valid guys. Liquidity and technicalities are all the factors unaccounted for now.
Cash is burning faster than ever. Very exiting times. I don't think they got a end-game plan, because the fundamentals fiat are based on has painted them into the corner with don't allow their dystopian dream of cbdcs in another framework to flourish. They're just not technicallly enforceable, yet all the nation states who run on them WILL die in some manner. The old system simply dies and it's more likely to do so sooner than later than bitcoin is. Rome. Sumeria. Countless empires will fall.
It's simply impossible for the dark forces to win because they don't own you.

My bank asks me for a reason any time I want to move significant funds or take money out

It's fucking ridiculous. I hope they fail

>>54058404
You need to actually have it. You might have some numbers on a website of a bank that say "$X", but that doesn't mean you actually have $X.

>>54059040
>I don't think they got a end-game plan
They might have a plan, it just can't be a very good one. You can always come up with some zany scheme that'll work in 2 more weeks.

>>54059327
Yeah. And their "cdbc's" are literal chinese money I doubt can be copied and enforced globally as you need policies to enforce them, and no matter how corrupt the scemes are you can't go from "capitalism money" into pure sovjet-dictated-spending-money without failure of the state.

Living in scandinavia we're perhaps a few years ahead of any other country in terms of impact of the 'recession', so what I am focused on is acoomulating real assets, not money. If everything eventually will be unaffordable, what would you like to have around in terms of barter buying? So far, I've got my hands on antibiotcs. Water filters. Tents. Tobacco, tea, chocolate, alcohol, canned food, vacuum packaged grain and cereals, and cold wallet'ed safe crypto. I feel it's recession-proff stuff, and I feel like I get the most out of my fiat that way. We really could end up in a financial collapse akin to what the rest of the world has experienced recently, and if we're bound to end up with enforced chinese money in some ten years time horizon I'd like to actually keep some stuff in the pantry first. Banks are going down next, I think, but not nessesarily together with the vaporization of legitimacy and legality the state currently projects.