[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 91 KB, 794x613, A Whole Bitcoin.jpg [View same] [iqdb] [saucenao] [google]
55045421 No.55045421 [Reply] [Original]

Redpill me on this before I pull the trigger.

https://pristine.financial

>> No.55045441

>>55045421
What happens if they go bust before you get access to your coin?

>> No.55045466

>>55045421
>crypto debt

>> No.55045532

Why not just dca baka

>> No.55045662

>>55045421
clown world when you can put a down payment on ones and zeros.

>> No.55045667

>>55045662
>clown world when you can put a down payment on ones and zeros

You are literally ones and zeros.

>> No.55045673

>mortgage
>own
Lmao

>> No.55045722

>>55045421
lmfao just put all that interest into buying more coin wtf... I can't believe someone thought this was a good idea. Or maybe they didn't, maybe they just assumed it would sell, which they're probably right. Some retard's gonna do this.

>> No.55045745

>>55045667
I'm the one

>> No.55045748
File: 56 KB, 1170x754, pacmanpie.jpg [View same] [iqdb] [saucenao] [google]
55045748

>>55045421
https://zemgao.com/the-economics-of-bitcoin-mining/

just buy bitcoin at 34.

>> No.55047046

>>55045421
Thank got i already have 1

>> No.55047069

>>55045421
>the future of finance

>> No.55047079

>>55047069
No. The present

>> No.55047081

>>55045421
imagine getting a mortgage for....literally nothing.

>> No.55047120

>>55045532
>>55045722
The idea is that you get 1 BTC now at the current price and make fixed payments on it over time. So if the BTC price goes up faster than the loan interest, then you get more BTC than if you would have DCA'd over that time period. But that doesn't matter because this is obviously a scam.
t. wholecoiner

>> No.55047135

>>55047120
this is a setup for another 2008 when the usa starts using bitcoin as a backing for the dollar in 2024 after they default on their current debt. Bitcoin is going to become the next thing that all parents are telling their kids they need. Like a big house, a degree, a nice car, etc. Stuff that is not actually needed but people take out loans for on social norms alone.