/biz/ - Business & Finance

I don't quite get it, does it mean that a big part of these $2tn are going into BTC or what

>>54163076
why do retards keep pushing this Bitcoin ponzi like it's going to change the world or fix anything, it's not.

>>54163125
Desperation is setting in on them. If BTC were legit it wouldn't need shills attempting to pump it.

>>54163125
>Just park all of your government fiat units in this totally safe brick and mortar bank bro!

>>54163076
>t. CHONG CHONG CHONG CHONG

>>54163076
>Get fucked cumskins :)

>>54163177
The FED just guaranteed all US depositors though. lol

>>54163076
Not really what he said but probably close to what he meant if you gave him a few drinks.

I will use as much of my Bitcoin as I can within my lifetime to ruin the life of black people

>>54163237
it's a real tweet. and he made it in response to the neoliberal glowie witch who runs that web3 hateblog

>The bagholder is the dollar holder
Luckily for me I dont hold any dollars or crypto or stocks or any other assets or currencies

>>54163076
>bans your cwiptocohency
Back to the steel mills and suicide nets for you chinkoid

>>54163076
btc is the anit-white token. im all in

>>54163076
>backed by the full faith and credit of the US government
>world's strongest/most advanced military with largest nuke stockpile
>our jews will wreck your economy while we bomb your civilians
>you trade for your oil and currencies in USD
yeah, i'm thinking we're back cumskins

Brown CHADS.. We won

>>54163106
BTC maxis seem to assume lately that suddenly turning on the money printers again will spike inflation and cause everyone to fly to safety and BTC is that safety.
but not sure how smart it is to assume the avg person sees BTC as "safe" and even knows or cares what the Fed is doing

>>54163076
?
the guy in tweet is shitting on demonrats, they're the ones keeping the non-white filth alive and keeping the veil of jews

>>54163421
>Brown CHADS
That's an oxymoron

>>54163234
And devalued everyones holding in the process effectively stealing your wealth through inflation.

The guy is blaming on democrats but Trump is the one who removed a lot of banking regulations

>>54163441
Everyone not in america or europe hates white liberals

>>54163407
>>backed by full faith and credit
oh no no no dollarchuds

>>54163500
I'm in america and I hate white liberals. Should I buy bitcoin?

>>54163476
No because all they're doing is guaranteeing any deposits which stops people from pulling funds. There was no currency added into circulation. And if they do need to add currency to circulation then they just raise rates and bankrupt foreign nations.

>>54163464
>Brown CHADS
>That's an oxymoron

how the fuck have they not figured out yet that these "white american democrats" are jewish

>>54163798
lets just start using 'white' as a slur against jewish people, what are they going to do then?

>>54163798
>how the fuck have they not figured out yet that these "white american democrats" are jewish
Brown dude here, we figured it out ages ago, probably even before you. We just dgaf about the distinction, we figure you both exist symbiotically so you're as bad as each other.

>>54163873
Yep. Anglos and Arabs, the ultimate golem. But Anglos are doing it all knowingly

>>54163385
>>54163421
>>54163489
Based and truly redpilled

>>54163076
USA is not a real country, it`s basically a big money mine.

>>54163177
I was unironically going to go in hard on that stock tomorrow. This recovery is going to be an easy 3x at least.
Tell me why I'm retarded for thinking that.

>>54163500
Everyone hates liberals, even liberal themselves

>>54163076
>my bitcoin value is measured in the amount fiat dollars

Uhhhhh....

>>54163076
The only people who want the USD to win are Jews that control it.
There isn't any what man in sight

>>54163873
>>54163953
roundhouse kick all chinks into the concrete

>>54164864
Because it gets halted on limit down everyday

>>54163176
If USD is legit, why do you need weapons to enforce it?

>>54165370
The point of the thread is BTC, not dollars. BTC is the bankers pump and dump shitcoin now. lol

>>54165412
>pump and dump
its only going up.

>>54163076
honestly kind of funny given whypipo blatantly have the most to gain from the demise of the current oligarchy

>>54165370
The guns are what legitimize dollars. Bitcoin has barely any guns defending it and is therefore illegitimate.

>>54165370
might makes right

>>54163273
Based, but blacks' lives are already ruined by virtue of their existence.
You should focus on the larping usurpers occupying Palestine.

>>54163424
>What's your opinion on what the Fed is doing?
>The Fed?

>>54163176
this. the more these adderall brained idiots spam twitter the less enticing BTC becomes.

Just fyi to all the trannes itt, the tweet is fake and gay picrel.

https://twitter.com/balajis/status/1636429773865095168?s=46&t=xELaIB4s5Gh0q_xxIzNsKA

>>54163076
woke whiteoids eternally BTFO

>>54163424
The avg person doesn't see that now but when they start hearing about Bitcoin's rocketing price action, they will ask why. By the time most people realize Bitcoin is a scarce digital asset that's safer than fiat, most of the gains will be over. I put that at around a $1T market cap.

>>54165580
>send up the BitSignal!
>omg it's just like the movies!
the real tweet is even more retarded somehow

>>54165580
Congrats on winning the biggest nigger retard on /biz/ award

https://twitter.com/balajis/status/1636464721883959296

>>54163873
Pretty much this.
I assume that all white American (and Anglo) liberals and mainstream cuckservatives are Jewish golems, as such I make no distinction between them as they are functionally the same.

>>54163125
>>54163176
>>54163424
>>54165412
>>54165549
if you don't try to accumulate bitcoin, what are you trying to accumulate? let's see if you answer that

>>54164879
how to you measure something without another thing? how do you measure dollar's value? in dollar? kek

>>54163076
Until they ban it.

>>54163076
Based

>>54163125
Maybe you need to educate yourself on what a Ponzi scheme actually is but your likely a shill.
There are many examples of prominent individuals within the banking business that attack Bitcoin, an asset that's not even a trillion dollars. So why would they care? They care because they realize Bitcoin is an existential threat to their business.
Btw, the Ponzi is actually the current financial system as evidenced by it's inability to function without printing up more currency.

>>54165651
if i say anything you'll claim i'm a shitcoin shill so figure it out for your fucking self. they're targeting the lowest tier of midwits with the bitcoin shilling at this point which means you absolutely should not be accumulating that. if you want more of something you don't spam it to retards on twitter, you quietly keep buying more.

>>54163421
>Brown CHADS.. We won

>>54165750
That's a desperate move that would only give it undesirable attention. At this point, the very best thing for the US gov to do is legitimize Bitcoin, otherwise if they ban it, they give their enemies a powerful weapon. You don't think Russia and China are covertly mining Bitcoin? Have you seen the hashrate chart throughout the bear market?

>>54163424
The average American is a poorfag who needs gibs from the government. A Nigger in Nigeria has more ambition and thus more reason to use Bitcoin. However, there are many wealthy Americans who will hold cryptocurrency the obvious reasons.

>>54166011
*for

>>54163421
shibarium pumped so ranjeesh could have sex

>>54165750
It's now too entrenched to be outright banned.

>>54165846
answer me fucking cuck. if not bitcoin, then what. answer that.

>>54165616
$1 trillion is nothing. that's like only a 2x from here. by the time normans realize that dollars are a scam which exist only to steal your wealth and make you poorer it'll be way higher than that

>>54165846
>shitcoin shill
who the fuck is going to care about your shitcoin once your fucking veggies and petrol are worth 4 times what they are worth today?

>>54166148
I meant $1T for Bitcoin only.

>>54166258
market cap of bitcoin only is $500 billion right now

>>54166146

>>54163234
And by that they will print more money and drive inflation even higher?

>>54163076

lot of glowniggers on payroll here

>>54166303
I knew it, gigantic faggot, have fun riding whatever you're riding to zero

>>54166285
Omg... Sorry anon, I'm braindead right now... I meant $10T, close to gold's mc

>>54166408
>I knew it, gigantic faggot, have fun riding whatever you're riding to zero

>>54165470
Thing is the electronics supply chain underpins the modern war machine. In some sense modern guns and bitcoin cant be meaningfully separated. As nations that trade together rarely go to war with each other, a healthly electronics supply chain, allocating the profit maximizing utility to bitcoin, simultanteously keeps the war machine in top order while facilitating the trade that reduces its necessity

>>54165201
oy vey

>>54163076
are you saying niggers will pump my bags?
sweet. thanks guys

>>54165631
>It’s real
Ok I kneel and consneed to this real tweet. Although it’s a response to molly white which is omitted from Opies screenshot. Not about ypipo. You may now consneed that this is trnanny fud.

>>54166441
>posting a soijack image means my investment is good and yours is not
kek faggot

>>54166320
Wrong. No need to drain your account if the deposits are guaranteed. No need to print, just to give the guarantee which stops the bank-run.

>>54165651
>if you don't try to accumulate bitcoin, what are you trying to accumulate? let's see if you answer that
I have my investments diversified. Large part is commodities stocks but I also own some physical metals and some private equity. I own a very small amount of crypto but that is just on the off chance that it pumps. No BTC though. I don't go all in on anything.

>>54165458
It's been going down for two years. It couldn't even make it to $100K

woke (((white)))

>>54163106
It means you have to spend more usd to buy btc. The spending power is less so btc is worth more.

>>54167284
If all you look at is price, you're ngmi

>>54163421

>>54167371

>>54163873
>We just dgaf about the distinction, we figure you both exist symbiotically so you're as bad as each other
A terrible terrible mistake, they will come for you too

>>54167355
The only thing you can do with BTC is look at the price

>>54163076
If they inject that money into wages that would certainly put a dent in bitcoins use case for america. It wouldn't kill bitcoin but you also wouldn't need it.

This could just be a transition to a UBI and automated retail. That could be cool, a little scary maybe. I would praise bitcoin for pressuring it to happen.

>>54163441
No, they are not. They are the ones setting telling Latinos to use terms like Latin X, they are the ones setting up slave labor factories in third world countries so their daughters can buy the latest Louis Vuitton or Nike bullshit, they are the ones taking advantage of immigration to treat them like shit and pay them pennies on the dollar, they are the ones kickstarting color revolutions in foreign countries when a country wants to do its own sovereign policy, and they are the ones forcing them into the Global Economy at the barrel of a gun. White liberals are the biggest wolfs in sheep clothing and total snakes in the grass. I'm surprised its not more obvious to people at this point.

>>54167253
you're diversifying in the hope of accumulating what? wealth is measured by something.

>>54163287
link?

>>54167497
Accumulating wealth. Virtual tokens that load up jpegs but block regular transactions is stupid as hell. Digital currencies are good for online transactions but not as a store of value.

>>54167396
You obviously haven't looked into what makes Bitcoin valuable, but others have. There's billions of dollars invested in Bitcoin's infrastructure already and it's growing exponentially.

>>54167551
>You obviously haven't looked into what makes Bitcoin valuable, but others have.
I'm not going to buy BTC.

>>54167531
Bitcoin is the ultimate store of value, name something better. I first bought Bitcoin in 2013 and it changed not only my life but the lives of those I love. It's been the best investment I've ever made and I don't think it's fully played out. It's still very early. Don't get caught up in the psychology of the price. Anon's look at $25k and say "I can't afford that", then buy a shitcoin. If exchanges displayed it as satoshis/dollar, then more plebs would buy.

>>54167531
money has 3 functions, one of those is store of value, currently we don't have money that fits the definition, most people won't be doing what you do, at one point there will be money which will appear after winning the competition to be the best money, the dollar system isn't sustainable.
not betting on what this money will be is stupid if you're aware of all that given the potential returns in play. you can bet on something else than btc, but I'm still waiting to know what you're betting on.
what you've mentioned won't be benefiting from that. at best it will retain the value.

>>54167591
Then don't, I respect that. We all view the world through a different lens.

>>54167699
BTC is expensive to transact with but cheap to load up with jpegs. That's not money, that's just stupid.

>>54167692
>Bitcoin is the ultimate store of value, name something better.
Rhodium

>>54167719
money need a database to work and you can put stupid things in any databases, can't believe what I've read given how stupid it is
fees depend on the block size, the block size will be massively increased (or progressively possibly) in the future when anyone could run a full node at home with no issues following the increase.
the price of bitcoin reflects the potential to become money one day, a lot of things indicates that it will succeed.

>>54167699
If we examine history, then conventional wisdom would say that the yuan is the natural successor, but who really wants to hold yuan? A major reason why the dollar is the reserve currency of the world has been because the US has been perceived as a safe jurisdiction to place capital due to laws put in place generations ago. That is changing fast as the US struggles to maintain control of that status, by weaponizing the dollar and employing financial repression. As we enter the era of deglobalization, trust will be on short supply and the best money will be a completely neutral one. It could be gold, Bitcoin or something else.

>>54167832
gold isn't digital so it couldn't be money anymore especially when bitcoin exists.

>>54167907
It could be money but it involves third party risk, and Bitcoin doesn't. :)

>>54166148
Why do you think you deserve more than a 2x on something that's been hyped for 10 years now? You'll be lucky if it doesn't crash with the rest of the market it's been pumping with this last decade.

>>54165370
That’s what makes it legit anon. That’s what makes anything legit.

>>54168619
But the fundamentals bro!! Bitcoiners are fucking retarded especially nucoiners kek. Literally being good goy paypig cucks buying bags of whales up 1000x+

>>54167054
Lol no. Very thin veneer of plausible deniability there. She's just a crypto thot. You terrible reading comprehension if you he's referring to her.

>>54168800
Lol, not selling, only buying

>>54166303
Heh, smooth.

>>54167382
Kek, when has the zog golem *not* been coming for us?

God I hate the British east India company so much. Coming here with their woke politics, telling our widows to stop burning themselves to death and then starving 30 million people.

>>54163873
our ancestors (consider them (you)) didn't consider iteither until (((they))) pushed their shit in which created us. you'll die because you're slacking. gg no re.

>>54163076
I am white, dutch, blue eyed 6,2 and have a lot more Bitcoin than you poopskins. Lets gooo.

>>54163385
It’s actually the anti-jew currency.

t. White man

>>54163076
So funny how the most anti authority, anti establishment people that are in 4chan fail to realize how Btc is their greatest weapon.

>>54164864
for the long term you are probably better off just putting everything into eth right now
unless you plan to flip that shit on short time frames, but then taxes will fuck you up

>>54163076
He misspelled jews and pajeets

>>54170963
dont worry, we do. its just that there are bots and jews and tranny and liberal elite shills here in great numbers trying their best to consensus hack

>>54170963
What is preventing the NWO from just criminalizing the use of BTC worldwide?

>>54163421
She's clearly mentally ill

>>54163106
None of it will go to BTC and it has nothing to do with what is pumping BTC now.

>>54171104
They probably will, but that will not matter, bitcoin was designed to bypass that.

>>54163106
It means the fiat farce will be exposed sooner.

>>54171215
No it wasn't. Just sending BTC back and forth is useless if you can't also do trade with it, and you can't do trade with an illegal instrument. That's literally a black market then. Sure it exists but it won't be significant enough, plus you will risk getting thrown in jail every time you use it.

>>54167832
Remember when fed confiscated all gold and then doubled its value the next day? That cant be done with btc. Good luck crossing a border with your gold reserves.

>>54163421
This photo makes me so fucking mad!

>>54163424
>will spike inflation and cause everyone to fly to safety and BTC is that safety
yeah, that worked good the last time inflation went up, lol