/biz/ - Business & Finance

libertarians are not high iq lol

Libertarianism is unfathomably based.

Intelligent people don't buy fake internet monopoly money.

>>59210628
poltard here
i bought btc and made alot of publicity for it.
then they changed btc to bcc
now its all fake and gay
but enjoy the rug

>>59210628
pol IS reddit

>>59210643
FPBP

>how is pol which is next door so retarded about bitcoin
>how is pol so retarded

>>59210628
/pol/ did become absolute shit since like 2016 there was nothing there. The smarter ones now shitpost on X for money.

Pol is one of the lowest IQ boards. If you are a teen going through his edgy phase I guess it's okay but leave as fast as you can

>>59210628
They shill Monero instead which tells you all you need to know.

>>59210628
>those two retards in every /pol/ crypto thread screeching about "crypto wallet deletions"
Worse even than r/buttcoin.

>>59210628
Dogmatic types and economics don’t mix very well
This goes for both sides of the spectrum

>>59210764
>They shill Monero instead which tells you all you need to know.
They can read the writing on the wall.

>>59210925
If by writing you mean their own shit they've smeared all over it.

>>59210628
I’m from /pol and I’m a btc maxi

/pol/fags were busy shitposting about jooz instead of buying cheap btc and now they cope

Explain to me what value Bitcoin has without pointing to the dollar

no Bitcoin maxie has yet to answer this, everytime i ask the conversation ends. Sometimes they'll say "independence, pre-digitized, borderless, portable, un-takeable" as if that's supposed to mean anything but those aren't real answers, and when i point that out the thread gets archived.

>>59211666
it doesnt have any
i dont know what bitcoin has going for it either
every other project surpasses it in every way
bitshit is pure speculation and im seething that literal brainlets are winning for muh holding it

>>59211666
It makes people who were too stupid to buy early seethe eternally.

>>59210628
Nazi comes from National Socialist. Socialists are economically retarded.

>>59211686
you realize bitcoin is only pumping because USA uses MMT ideology and prints gorilions of dollars right?

>>59211680
>>59211698
You must be a poltard, you sound like vegetable. Same sort of mongoloid who calls libertarians low-IQ even though he is illiterate and knows nothing about libertarianism outside of the silly strawmanned version of it in his head which he picked up from shitposts: >>59210643

>>59211666
>"waah please spoon feed me econ101"
Yeah no, I want you to stay poor. Explain what value your life has dumb faggot. You can't.

>>59210628
Pol is a bunch of uneducated racist red neck hicks always blaming minorities for their own (and their own peoples’ own) undoing

>>59210628
Is he wrong, though?
How many of you have actually used bitcoin in a transaction? And how many of you have actually used bitcoin in a transaction that wasn't purchasing gray market bathtub estrogen?

>>59210628
>having some consideration for /pol/
NGMI

Reading /pol/ discuss crypto made me reevaluate if I am just a retarded chud disillusioned from reality and my liberal reddit loving cuck friends are the smart ones.

>>59210628
/pol/ is for keeping up with the latest kike shenanigans, not for making money

>>59211884
I paid for groceries, gas and sex. Stopped years ago when I realized that I should use fiat for that.

>>59211884
I have. But its a common normie retard error to say that holding bitcoin isn't using it. It does qualify as using it from an economic standpoint, and it is totally arbitrary and meaningless to argue that merely holding bitcoin is "not using it". "Use" doesn't have to mean the specific thing that illiterate retards say it does. The only reason there is such an inclination to argue that point of view, is that the masses are so acclimated to the fiat paradigm where it would be more foolish to hold any significant amount of wealth in dollars for any length of time. But prior to the fiat scam being perpetrated on the masses, simply holding gold would have been entirely rational. Its even more rational to hold bitcoin, given the clear predictable pattern it has of accruing value over the course of its halving cycles. It is one of the functions of sound money to hold it and transport said economic value into the future reliably.

It may confuse the low-IQ fiat-acclimated poltard brain, to hear that money is technically used for something other than immediately spending it the moment you receive it. But that is in fact the case. High time preference simpletons spend every fiat paycheck the moment they get it, but that's why they are hopelessly poor serfs.

>>59211819
you based your entire rant on something i never said but ok
i guess you are pretty retarded + libertarians who think that a country issuing its own currency has the same budget rules as a household or a company are pretty fucking stupid

>>59212006
>But its a common normie retard error to say that holding bitcoin isn't using it. It does qualify as using it from an economic standpoint
See, the cynical outsider's perspective is that this is just a very convenient way of excusing BTC's failure to function as the digital cash system outlined in the whitepaper.

>Can't make it work as digital cash? Too slow? Too expensive? Just change the narrative, bro! Claim its now digital gold and that you're not supposed to transact with it. Problem solved!

>>59212006
Do you not see the issue here? If something's only valuable because "value go up" then why the fuck do you think the value goes up?

>>59210628
It's because /pol/ automatically assumes anything related to financial stuff is a Jewish trick of some sort.

Statist slaveminds can’t into empirical reality

>>59210925
State is subordinate to Economy, We don’t need to hide

>>59210628
>one person made a thread
>he is all of /pol/

>>59212180
Dullard. "A purely peer-to-peer version of electronic cash", Ecash was centralized, Bitcoin is entirely peer-to-peer. It is not a statement of intent, it is a functional description.
Further, intent has no value, the only thing that matters is whether BTC can be used for some function, which it can, and the systemic value of that function

>>59210628
/biz/ has always been the financial wing of /pol/, everyone here who is not a /pol/chad is a newfag nigger and should go back. That said, /pol/ nowadays sucks ass and is also full of newfags. Nothing has been right since infinity/pol/ was shoa'ed, desu.

>>59213078
/pol/ fucking sucks, I used to be there all the time but it just made me pointlessly angry all the time so I gave it up

>>59213088
checked
old/pol/ was based and redpilled, nu/pol/ is cringe, simple as.
I'm sorry you couldn't experience the golden age.
>Verification not required.

/pol/ is full of boomers because of Trump.

>>59210747
>since like 2016 there was nothing there.
the cool kids all left in 2014 anyhow

>>59210628
>I literally see normie tier FUD and takes all the time there
all the /pol/tards that believe in bitcoin are already on /biz/
why do we keep having these retarded threads about /pol/ once a month

**Title: BTC Moon or Time for Memecoins?**

---

Alright, BTC’s still the king, but ngl, this run feels weird af. Whales are lurking, big money’s sniffing around, but who actually thinks 100k is happening? BTC’s kinda the safe boomer play now—solid, but where’s the degenerate thrill?

Are we just crab-walking forever, or is BTC setting up for one last send? Some anons are saying low-caps like Luna Inu could be the next Shiba-tier pump. I’m holding 2.5 BTC, but I’m out once it hits 100k. BTC’s the long hodl, but sometimes you gotta go full degen on the smaller plays.

>>59210628
actually, you're next door faggot

>>59211884
I have but only like twice.

>>59213206
Are chances good there's a big correction after it hits 100k?

>>59210628
I've been using /pol/ for almost a decade. It's fucking retarded there and sometimes has diamonds of useful knowledge in piles of shit. If you're doing/pol/ right you either go there looking for the occasional diamond or you enjoy swimming around in the shit.

>>59211819
holy shit the hit dog really does bark
what's it like having a room temp iq?
all the downsies i know are super happy
i truly envy the iqlets except for the minorities

>>59211884
>How many of you have actually used bitcoin in a transaction?
I dunno. How many of you have paid for your groceries by slamming down a small silver block on the counter?

>>59213530
honestly that sounds dreamy

>>59213530
>he doesn't pay for his groceries in gold bars
Fucking poorfag.

ITT plebbit tourists

>>59211682
I've fucking missed out. I'm buying EOS early.

>>59211666
>explain money to me, but you're not allowed to talk about money

>>59211666
Lmao i love brainlets who think they are smart

>>59210628
>>59210669
>>59210671
>>59210720

>browsing or posting on /pol/

cant be a bigger retard signal

>>59210628
/pol/ is pretty neutral on bitcoin. The right (as in the actual right) are surprisingly hostile since many of them are pro-state, ie fascists, natsocs etc, who see solutions in terms of taking control of the state and central bank rather than bypassing them entirely with bitcoin. They don't like the idea of decentralisation as they see a large government as being necessary for an orderly society.

Myself being something of a strange mix of liberatarian and national socialist, I see bitcoin as a useful way to free government from monetary responsibilities so that it can focus on what is it can be actually good at ie closing borders, stamping out degeneracy, promoting White values etc..Orania being the best example of this blend of libertarianism with ethno-nationalism.

>>59214011
They would say /biz/ is nothing but brown people trying to scam each other with shitcoins and serves no purpose beyond that, and I think they're mostly right. These days there isn't a good reason to still post here. /pol/ still serves a unique purpose on the internet considering how many scandals and viral political memes have broken from there.

>>59210628
It's red pilling to see retards still clueless about Bitcoin and shows that We're still early.
The compounded effect of tech development in the last couple of decades are now taking off and I think many will struggle a bit to keep up in the next +5 years.

>>59211654
those are all bulls or shills paid by bulls. not everyone is all in from the beginning. they need time to accumulate so they fud like buffett.

>>59210628
/pol
>Crypto is for Jews
>You don’t care about the white race
I wasted so much of my life there when /biz was shilling ether at ICO

happens anywhere people are too stubborn to adjust, redditors are the same way.

they don't realize it doesn't matter if they want it to happen or not, bitcoin is just inevitable and the best move for any individual is to get some asap.

that's unironically why some black sportsballers are much smarter in just recognizing winners than some 115 iq buttcoiner, they just lack the capacity for the cognitive distortions.

Never selling. Just buy corns and borrow fiat against it if you need it in the future. This is the IQ test

/pol/ may have retards but imagine calling anyone else low IQ when your board periodically turns into an entire catalog of pink wojaks from being outsmarted by jeets.

Hate nigger and kikes.
Love BTC.
Simple as.

>>59215806
Bitfuck will unironically go to 0 before the next 20 years are over. And i'm being generous.

We've all became senseless about it. It's only based on faith and positive price action.
It has absolutely no intricate value and it will be concurrenced by way better new blockchains, using less power, less transaction fees, etc...

Btc had the first mover advantage, and it's literally open source code that can be copy pasted. All it takes is for price to go down and not recoved and everyone will lose faith.

>in b4 seething no coiner
I have crypto since 2020 and i have experience developping ethereum apps

>>59210628
Not all of them. I had a few discussions on /pol/ that showed me that some of them get it. But the eternal muh gold fags are definitely overrepresented.

>>59216750
>shitcoiner can’t grok money
Many such cases

>>59216776
moonboy shilling his bags of 0 and 1.

>buy my 0 and 1 ! someone is going to buy them higher in the future!!

It's just a big ponzi, probably the biggest ever ran. It will 100% reach a climax like every ponzi. It's not a good way to store wealth since i t can dump 80% from top, the only interest is making outrageous gains by taking part in the biggest ponzi ever ran. there are probably some billionaires coordinating for it to keep going up.

You aren't that much different from jeets shilling their meme coins

>>59211884
I shop in Alza with them. But I have like 99% wealth in BTC and send myself only the money I need to spend or to have fun.

>>59216805
BTC is a simple computer network game where people compete to compute a hash, with the reward, a unit of the game, being transferable within the game. Nothing more, nothing less.

The novelty lies in the autonomous, trustless, decentralized nature of the game and its rules, which renders the game-unit the world's first fixed unit of account.

Unit of account is the systemic function of money, it is this function that enables economic calculation, it is this function that enforces the game theory of voluntary exchange and frees us from the hobbesian war of all-against-all. A fixed unit of account greatly simplifies economic calculation as price carries information, a unit of account is to a fixed unit of account as a conductor is to a superconductor.

BTC will continue unabated as a fixed unit of account is most useful as the sole denominator of everything.

Hyperbitcoinization has begun.

∞/21m is a bargain at twice the price.

>>59216847
I agree that the intelligence and ingenuity on this form of money is remarkable, and this is a billion dollar idea for sure, it's still just air and its price is only based on trust and underlying hope for profit.
Also it's already outdated, since tech evolves quickly, fees are astronomous, computational power and electricity use is a big no and there are already better alternatives.

I don't see any reason why btc would forever remain the main crypto. Nothing lasts forever in this world. This will retrospectively be remembered as the biggest tulip mania bubble ponzi ever ran and it might wreck the economy if if becomes too much of a % investment for big funds

>>59211666
>explain to me what value gold has

Same question was asked when people found gold for the first time. You think they knew immediately and how it would apply to the world? Absolutely not. It took time and then became valuable. Same thing with btc and it's only going to become mainstream.

>>59216955
gold is a precious metal, that has always appealed to men. If you've already held gold in your hand, it's beautiful, it's different, and of course it has very special properties, not only thermal and electrical but other stuff.

Btc is 0 and 1 genius ponzi. The day price action will cease to be attractive most people here won't give a fuck about it

>>59211666
>>59212191
IF YOU STORE ALL YOUR WEALTH IN PLASTIC CUPS YOUR NET WORTH WILL BE RAPED BY PLASTIC CUP MANUFACTUERS MAKING PLASTIC CUPS AND DILUTING YOUR WEALTH

IF YOU STORE ALL YOUR WEALTH IN PLASTIC CUP FACTORIES YOUR NET WORTH WILL BE RAPED BY ENTREPENEURS WHO START UP MORE PLASTIC CUP FACTORIES, DILUTING YOUR WEALTH

FIAT AND BTC ARE EXACTLY THE FUCKING SAME EXCEPT WITH FIAT UNCLE SAM FUCKS YOUR ASSHOLE WITH AN EVER GROWING DILDO EXACTLY THE SIZE OF THE M2

BTC IS THE ONLY THING ON THE PLANET THAT WHEN YOU BUY IT AS A MONETARY PREMIUM OR STORE OF WEALTH IT CAN'T BE DILUTED AWAY.

FUCKING RETARD

>>59212478
Unfathomably based.

4chan in general loves being contrarian. /pol/ is also a precious metal board due to the obsessives reading about the Fed and the gold standard.

>>59217162
Reading about the fed and the gold standard can only make more sense for BTC. This mental jump isn't so hard.

>>59217197
The problem is that we're talking about emotionally invested obsessives who typically have an extremely lopsided view of economics. They've spent years just sitting around talking about Fiat vs Metals and then BTC shows up and its got elements of both which just breaks their brain a bit.

This board is slow so jews posting is obvious, but every other post on /pol/ is a jew shill or defender. In the end money is worth less than ideology and capacity to defend what's right so /pol/ is targeted harder, not to mention it's popularity among boards.

>>59216983
Nobody gave a shit about gold until people made it valuable or decided to use it as a currency. The first person to discover gold wasn't thinking that it was going to be a trillion dollar asset. Humans made it a store of value even though silver was historically a store of value as well and btc just flipped silver. You just have a boomer mindset. The same mindset that failed to realize how phones and the internet became everyday use in human civilization.

/pol/ does nothing but draw in people who don't belong on 4chan to begin with. It's full of retards because only retards would waste their time there.

>>59211666
Bitcoin is the most secure solution to make settlements with a min latency of 10 minutes up to 700k, 700k transactions per day.

Basically everything else is not well secure (like other crypto shitcoins).

>>59217591
Ah also if speaking 'bout price, bitcoin is cheap as fuck to make transactions.

>>59211884
I was getting salary with bitcoin some times and used to pay/store my money.

Sadly USDT killed bitcoin payment, 99% of people prefer using USDT to pay you online now. These "when BTC" were good times thu

>>59210671
Pol is 50% incel Nazis, 25% jeets shills and 25% Mossad agents

>>59214226
>those are all bulls or shills paid by bulls. not everyone is all in from the beginning. they need time to accumulate so they fud like buffett.

>>59210628
>how is pol which is next door so retarded
>I literally see normie tier FUD
you are the retard who cannot recognise shill posts, we all came here from /pol/

Say what you want about my board but we have a crucial job and that is to expose the kikes to the world, and we are very successful at it. Not my problem if you keep reading shill posts and call them retarded. They are not /pol/acks. I wouldn't go as far as to call YOU retarded for thinking they are, but consider that your opinion on /pol/ is superficial.
It's like someone coming here and calling you all pajeet scammers.

>>59217616
>50% incel Nazis
10 years ago. Now we are just mostly racist antisemitic married guys.