/biz/ - Business & Finance

>>54205756
Wow what a fucking retard

Yes, imagine believing in muh limited supply

>>54205756
who cares? bitcoin isn’t real anyway.

>>54205756
WOW a boomer being a clueless retard and talking confidently on something he knows nothing about! I have never seen that before.

>>54205756
All fud, no proof of any of those claims.
>what if
What if the banks don't have enough cash?
What if the inflation continues?
Seems like fiat has more problems.

Satoshi doesn't exist.

Why would a banker say anything positive about crypto?

BASED CHADMON
This guy is so rich he is leading the talks to buy out svb and might even buy out suisse as well,
Crypto is worthless and unstable.
>crypto exchange takes or loses your wallet and keys
>thank you sir, no refunds

Bitcoin must inflate. You have to inflate because Keynesian economics.

>>54205756
He's not describing what will happen, he's describing what he would do in such a situation, because he's a craven, morally-bereft egotist and opportunist who can't conceive of someone having principles that they stick to even in the face of the prospect of losing money.

>>54205814
that’s funny coming from a guy who wants to get rich by buying pretend internet money that originally started as a currency to buy hard drugs and child porn

>>54205808
Anyone who trusts an exchange to store crypto shouldn't be in crypto anyway because they're not helping.

>>54205756
>this is a fraud because it might do what we're already doing despite saying that it's not gonna do it
what a fascinating angle

>the absolute best attack (((they))) can level at Crypto is to accuse the industry of doing exactly what they have been doing for the past century

>>54205840
>pretend
No, it's really worth quite a bit now
>drugs and cp
Traditional banks handle 99.9% of the transactional volume for both of those things.

>>54205860
Kek, exactly what I was trying to say, at the same time.

>>54205756
yikes
except with a k

>>54205756
>expacts satoshi to increase btc supply cap
lmao tech illiterate boomer that's so stupid it might be a laugh at the face of other retards

>>54205756
thanks for the bull signal, Jamie.

>>54205897
>it’s really worth quite a bit now
a banana taped to a wall is worth a lot more than bitcoin’s ath. the amount a person is willing to pay for something is more a measurement of that persons stupidity than it is a measurement of that items value. also, saying it’s ok for bitcoin to do something because banks do it too doesn’t help the case for bitcoin. it just means bitcoin is as bad as the banks, which are Jewish-owned institutions that exist to perpetually hold the worlds population in debt-slavery.

>>54205756
>the face of modern capitalism

at this point its just sad, you know?

>>54205971
And who is this bitcoin "keeper" you're referring to? What is their name? Please enlighten us

>>54205780
>STOP TALKING ABOUT THE BUTTCORNS WITH ME OKAY?!??!

>>54205780
Is this what the kids refer to as "seething"?

>>54205756

imagine seething about something for 15 years

>>54205780
He clearly doesn't understand how the bitcoin network works

>>54205756
What a retarded fud lol. He's just seething because BTC is pumping while his boomer stocks are dumping. The worse that could happen is all the tokens in the secret Satoshi wallet being sold, but it wouldn't change anything long term.

>>54205840
I sold all my crypto in fall 2021 :^) Stop being a weirdo billionaire white knight.

>>54205756
does he also think craig is satoshi? kek

This dude isn't an idiot, these big institutions will always loudly FUD publicly while accumulating in private. Next bull run they'll do the opposite - shill "new paradigms" and incredible technology while dumping their bags near the top on incoming normalfag retail buyers

>>54205756
He's right but it won't be Satoshi, it will be the miners.

>>54205780
>what if Satoshi just increases the supply cap?

>>54205840
>originally started as a currency to buy hard drugs and child porn
Where does the Bitcoin whitepaper mention drugs and child porn?

>>54205780
>2023
>muh 'blockchain, not bitcoin'

If I was a billionaire, I wouldn't care about crypto either

>>54205840
just like gold, silver and fiat indeed, fuck you're dumb

>>54205780
yeah the guy with the biggest wallet that he has not touched in over 10 years is going to make a change that makes bitcoin worth less
fucking boomers

>>54206457
So if he doesn't what happens when we hit the cap?

>>54206411
Digits of truth. Checked.

>>54206189
it's hilarious how cryptards try to read retarded nonsense into things like this
imagine you're the head of a bank and your interviewer starts discussing My Little Pony with you
do you just chat along, or tell him that he's retarded and should start talking about something serious instead?

>>54206804
This post is extremely ironic because you are reading retarded nonsense over a small joke I made.
Also lmao for comparing BTC and MLP.

>>54205953
Exactly

>>54205780
not even wrong, although he doesnt know what he's talking about. bitcoin may need to increase the cap at some point

https://www.lopp.net/pdf/A-model-for-Bitcoins-security-and-the-declining-block-subsidy-v1.05.pdf

people dont understand how fundamentally broken this protocol is

>>54205808
>crypto exchange takes or loses your wallet and keys
Crypto exchanges don't hold your wallet and keys. How do you people still not know how crypto works

>>54206503
I caught that too. That part was such a cute little walkbalk. We've come a long way already.

>>54206111
it’s you. you’re the new jew. you want to buy everything of value without providing anything of value in return for it.

>>54206111
checked. can't believe there are shills defending this retardedness in Dimon's statement

>>54206949
pointing out that you are both rival criminal organizations running similar rackets isn’t defending him.

>>54206879
They're both promoted by faggots, so...

>>54206944
the "crypto is worthless but blockchain is a promising technology" was always a cheap line stupid boomers used to virtue signal and pretend like they actually understand any of it

>>54207050
It's how they justified not touching it for so long and now they're salty they didn't.

>>54205756
SATUSHI NAKAMBOTO WILL BRINT MONEY WITH HIS BITCOING MONEY BRINTER. BEWARE

>>54205756
Satoshi is a gestalt one part of which is the NSA

>>54207050
>having every transaction recorded for all time so anyone can view it is a good thing
only the irs would still believe this after understanding the full implications of it

>>54207099
wait are you saying that someone harnessed the greatest conglomerate of computing power known to man for reasons other than doing math to record transactions?

>>54206997
Someone defending JP Morgan surely knows a lot about being a raging faggot so I'm going to trust your word about it.

>>54205756
He is fudding because he is buying.

>>54205756
Nigger

>>54207175
>anyone who says anything that goes against anything I hope will happen is fud
>this allows me to dismiss all criticisms without considering whether or not the person could be correct
good goy

>>54205756
He's not stupid, he's trying to shakeout the goyim. Always believe the opposite of what jews tell you.

>>54205780
>how do you know its gonna stop at 21 million?
>'how do you know the fed isn't going to print more money?'
>WOAH HEY NOW THATS DIFFERENT

>>54205756
Is that Jimmy Page

>>54207347
Actually his point is that bitcoin is likely going to increase the cap in the same way the feds print money.

>>54205756
Satoshi's wallet only has like 1 million bitcoin, that would amount to only 5% inflation. Also a lot of crypto keys have been lost over time and those coins are permanently lost as well.

>>54205790
WOW a young pseud fooled by a scam and talking confidently on something he knows nothing about! I have never seen that before.

>>54206111
it's known as "51% of the network" aka china

>>54207894
No.
Savage.

>>54205756
From his position if he starts talking about BTC his clients would think he has lost his mind. Why would it ever be in his interests to publicly push BTC at this time. Watch his "it's a hurricane" speech from 9 months ago where he's assessing the state of the financial system, he's all like "JP Morgan is going to be very conservative in our investments, so we can continue to service clients..."

>>54205756
The only guy in the world to become a billionaire without actually creating anything.