/biz/ - Business & Finance

yeah sure thing sport, have you guys fixed the whole "passing the metal detector at the airport with a bag full of gold" thing yet

>>59380880
uhhhh rock bros, what's our response to this?

>>59380904
just have the citizenship and build an house in every country just in case bro

>>59380880
>can't even fill a bag because gold is fucking heavy

>>59380880

gold/silver ETFs

>>59381005
Even if you could fill a bag full of gold and carry it around. Are you a fucking leprechaun? What do you do, just go around carrying a pot of gold and a map of your hideouts?
Imagine you go to the car dealership and drop 2KGs of gold on the table. They'll call the cops on you, you retard.
Or you wanna buy a house and you show up with a wheelbarrow full of gold?
>but anon, you're stupid, you have to exchange the gold for fiat first and then put that fiat in your bank account AND THEN you purchase goods and services
so just like Bitcoin, but worse?

!!!!! EVERY CRYPTO/CBDC HAS A BACKDOOR !!!!!

!!!!! ALL OF THEM ARE COMPROMISED !!!!!

!!!!! ALL OF THEM ARE RUN THROUGH DIEGO GARCIA !!!!!

https://www.youtube.com/watch?v=8QdCvssobis

>>59381071

gold/silver ETFs

>>59381067
but i tought things weren't real if you can't touch them?
but i tought the whole point was avoiding a third party?
>>59381083
BABYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY
https://www.youtube.com/watch?v=x4D9plSro6U

>>59381071
>They'll call the cops on you, you retard.
Do Americans really?

>>59381090
>third party p-please... hold my networth for me... please... keep it safe... don't do anything bad with it... keep it for me... don't cut me out even if the government asks you to... pretty please?

>>59381109

things aren't valuable only if they aren't useful to anyone. blockchains aren't useful, a solution looking for a problem, and bitcoin is one of the least efficient implementations of it. you can always invent a more secure and power efficient blockchain implementation, and they already exist, thousands of them.

that's why bitcoin is bubble of nothing that WILL return to nothing

>>59381126

in a world of an authoritarian government, your internet magic beans will be useless too.

>>59380857

Shiny rock worshipers will all be judged and jailed for enabling fiat currency to take over and control citizens, which was possible because gold is a cucked asset that is incapable of preventing such a situation. This will happen to them after bitcoin successfully kills the dollar and demonetizes all parasites and gold which is a bubble and inflationary by nature hence stealing people's value intrinsically, which is why it never reached its 1980 peak when accounting for all new fiat supply created.

>>59380857
>>59380904
>>59381083
>>59381109
>>59381216
>>59381120
>>59380857


See >>59381244

>>59381216
>blockchains aren't useful
>still not able to tell me how to pass the metal detector at the airport with a bag full of gold
>sending value all over the world in a matter of minutes is not useful
>being able to carry your worth with you whenever you go is not useful
>defining ownership in a global not-fuckabale ledger is not useful for a store of value

>in a world of an authoritarian government, your internet magic beans will be useless too.
first of all, false
secondly, it doesn't have to be "an authoritarian government" dystopic scenario, freezing assets can happen with pretty "normal" governments and that's not the only reason why you would want to avoid a third party

>>59381271
>blockchains aren't useful
definitely. if there is ( shitcoin casinos ) it definitely doesn't deserve 0.1 % of the crypto asset class market cap


>sending value all over the world in a matter of minutes is not useful
>defining ownership in a global not-fuckabale ledger is not useful for a store of value

there are thousands of DLTs that can do that faster and cheaper than bitcoin. you have no argument here

everything you think bitcoin can do, another DLT already does it better. it's only surviving because it turned into a pump and dump ponzi scheme.

>>59381672
at least you can bash your head in with those gold bars when btc flips gold
don't forget to tip your shiny rock dealer, the PREMIUM is NOT A TIP you know??

>>59381090
>using linear functions to bound and exponential process
cringe

sneed

Oligarchs are parasites, they do not run the world, they just grift. The true organizing principal of the human superorganism is the positive externality of voluntary exchange, not some statist fairytale "social contract". We autonomously organize into the human superorganism that envelops the globe like a planetary slime mold because voluntary exchange is positive sum.

Bottom up, emergent, organic
Not top down, prescribed, hierarchical

State can only acquire resources via one of three means:
Coercion: "I am Lord, give me resources or I will murder you"
Persuasion: "I am Lord, give me resources because I take credit for your accomplishments!"
Deception: "I am Lord, do not concern yourself with the functioning of Money! It is very necessary for me to engage in rank counterfeiting or the world will stop spinning!!"

Oligarchs have been driven to the last exploit by the superorganism's relentless march towards efficiency. The oligarchs now parasite via manipulation of the price signal of money, but this is grotesquely inefficient, the superorganism will not abide, it has allowed the State to exist until now because it needed a trusted third party to operate money, but thanks to Satoshi it no longer needs a TTP for money. It demands a high fidelity incorruptible price signal of money and now it shall have it.
>They'll ban it!
State like Church HAD (past tense) a function for the superorganism, a function obsolesced by technology, the superorganism will now cannibalize State just as it did to Church after Johannes provided a superior means of meme propagation. Capital flight to trustless money accelerates this process by hastening BTC's ascension to Sole Denominator.

State is subordinate not superordinate to the superorganism. Oligarchs hated the printing press, universal literacy, mass media, internet etc etc as well, didn't matter in the slightest as the superorganism is supreme.

>>59380880
>at the airport
Why would I want to leave where I live? I don't live in a shithole; apparently you do though.

>>59381672
Trustless fixed unit of account: perfect money. Aggregate demand is in the process of encoding the price signal of money into btc, giving us a trustless price signal of money, an incorruptible price signal, the systemic value of which is nearly beyond comprehension.

>>59381871
>Why would I want to leave where I live?
Ngmi
Imagine the cognitive dissonance of both investing in a prehistoric asset yet not understanding the pros of being a nomad

>>59381871
right! stay right where you are, confiscation will be much easier

>>59381871

>>59381672
>everything you think bitcoin can do, another DLT already does it better.
very cool
too bad that the community which has the power to replace BTC's network with something else is exactly the same that's balls deep in BTC network
why would they shoot themselves in the foot?
same with the "the dev can just increase the supply above 21kk", yeah sure, but why would they? masochism?

>>59381090
i prefer this chart, desu

>>59380857
Go back to /pmg/ and stay there.

>muh shiny rocks
Imagine being this much of a nigger

>>59381969
>confiscation
>>59381991
I'm willing to die for my coins. Are the cops/feds?

>>59381969
The funny part about the posts in yourscreencap is that they're from /pmg/ and not a single one of them responded to the posts themselves. They all ignore them completely and post about how they just filter those people.

>>59382067
>ooga booga numbers on a screen go up
Ok pavement ape.

>>59381216
>in a world of an authoritarian government, your internet magic beans will be useless too.
Weev and Anglin wouldn't even be able to survive without bitcoin.

>>59380857
Go back to your containment general
>its not le real if I cant le touch it
guess your consciousness isn't real either

>>59382071
you couldn't do shit against a swat team
random terrorism accusation and boom, they are legally in your house

>>59380857
next youre going to be telling me to "go innawoods" and "live off grid"

>>59382080
>Check out my bling man
>look at these chains
>check my teeth out

Aww sweet! A sour grapes thread!

>>59381672
>The Toyota Prius exists, therefore all other passenger sedans are useless. Eventually they will go to zero.
Keep telling yourself that government nigger.

>Blockchains are a solution waiting for a problem
Blockchains are DLTs. If DLTs are useful, then blockchain is useful, by definition. Blockchains and crypto already have a demonstrated usecase, decentralized finance and accounting. No government or corporation freezing or seizing your assets for wrongthink or breaking arbitrary laws. No banks saying "Whoops! We don't actually have your money or assets anymore because...reasons." No banks and governments robbing you by printing more fiat or "finding" more gold.

>If things have no use then they have no value
Also wrong. Useless ass art pieces and collectibles hold value due to their scarcity alone. Even gold's value doesn't come from its industrial usefulness, but instead from scarcity and novelty to humans (both of which Bitcoin also has). Bitcoin is only going to comtinue skyrocketing in value as the new supply disinflates, population increases, and private keys continue to get lost.

Govs and traditional finance are catching a major L with this one and they can't fucking stand it.

>>59382131
Ok, if I kill at least one I die with a 1:1 KDR, any additional is just a bonus.

>>59382145
Whites don't show off gold like that.

>>59382073
many such cases, they are doing the same in the current one
the filter posts start popping up the second they don't know how to answer anymore
the best part is that they continue to call out the btc maxxies, then complain when they show up to answer

>>59380857
>use profits from crypto to buy those things

something tells me that the guy who wrote that is retarded

>>59382131
>they are legally in your house
They're a gang like anyone else. >>59382166 is right. Better to die on your feet. That's the point of owning a gun, to protect yourself against criminals, the government included.

>>59380857
It's funny how gold and silver bugs have to resort to attack mode and FUD against Bitcoin. Like you're the saviors here to help us because we're the unknowing.

Bitcoiners just ignore gold and silver because we found the better money.

>>59382166
that must be some american fantasy but no, unless you live with a gas mask on and with your weapon in your hand 24/7, you are not even hitting a single one of them

>digital jewish tricks
No thanks, just silver and gold for me.

>>59382205
See, they stop responding and start talking to themselves in a thread full of filtered IDs

>>59382200
>american
You're not American? Hahahahahahah!!!

>>59380857
and i've tripled my money since the election. you wanna know what i'm buying after this crypto cycle?

>>59382218
>I dOnT kNoW wHaT gReEn TeXt MeAnS
Reddit tourist detected. Or dumb shit federal slut. Either way, you can't stop me from buying gold and owning real assets.

>>59382073
>waaa!
>waaa!
>plz respond
Lol, loser.

>>59380857
I fully intend to use my crypto gains to purchase real estate and precious metals. Crypto is, for sensible people, merely a means to an end.

>>59382352
Been here since 2006 and never been on reddit, just because you keep spamming MUH REEL ASSETS doesn't mean you haven't missed 4 bullruns being a retard and if you even had half an IQ point you'd use crypto to increase your metal stack. Only you're retarded.

Also your image is retarded because banks and billionaires are openly buying up as much bitcoin as they can get.

>>59382395
>Been here since 2006 and never been on reddit
Yeah right that's what everyone says.
Fuck your ponzi scheme, I'm skipping the line and going straight for MUH REAL ASSETS.

>>59382358
If someone completely demolishes your investment narrative like that and none of you can muster a response it sends a clear message to anyone viewing your thread: our advice is no good. Your childish responses when challenged show you don't have the ability to defend your investment against scrutiny. Red flag when someone offers you investment advice.

>>59382400
Mad @ no bitcoin

>>59382352
explaining why a store of value is better than another doesn't imply that anyone wants you to do anything
you are free to spend money on literal shit if you want, but if you start a thread that says "shit is better than gold", you are gonna get replies that show how gold is better than shit - this doesn't mean that the people writing those replies want you to stop buying shit, they usually don't give a fuck

>>59382220
of course not, thank fucking god, not at all

>>59382406
>completely demolishes your investment narrative
Zero bitcoin was used to make the computer you're using to make that post. But gold and silver were absolutely necessary to manufacture the computer.
Bitcoin has no intrinsic value and is just fiat with extra steps. You are a retard. Done.
You can't have any logical argument for bitcoin because bitcoin isn't logical to begin with.

>>59382517
More silicon is used than gold or silver, sand to the moon!

>>59382528
Yeah which one is more common again?
You cryptocretins sure are brilliant...
Oh by the way that's sarcasm in case you didn't understand.

>>59382517
how is that relevant? gold is not even scarce, there is plenty of it all around us
>Bitcoin has no intrinsic value
of course it has, it's a fixed unit of account; its properties make it valuable. You can't even pass a metal detector carrying your networth, how is being able to do so not valuable?

Hey goldfags, tell me again how the gold standard protected us against fiat currency and central banking? Oh wait…

>>59382565
The hierarchy of monies is a product of how well a money approximates perfect money. Perfect money has universal acceptance so network effect is a large fraction of a money's value relative to other monies, this is the cause of the OG shitcoin (Ag) fall, not manipulation, without currency demand for a poor money like silver it quickly loses all it's money value to superior Money like Au, and now Au will follow Ag on the path to industrial metal being outclassed by a still superior Money (BTC).

>>59380857

like clockwork

>>59381071
oucchhh!

The reason you have to be not retarded to own bitcoin is because you don't "own" your bitcoin, per se; you control your private keys.

Private keys don't seem valuable until you realize that *all* resources derive their value from interpersonal relationships. Yes, even sustaining one's body and health is valuable precisely because we instinctively believe that here (in the waking, corporeal state) is where all the *people* are.

What does that have to do with cryptography? In an idealized market with sufficiently savvy consumers, all and only the most valuable (i.e. those to whom interpersonal relations are most desired) people are in the red.

Ultimately, bitcoin is more than an asset—it's a reimagining of value itself. By decentralizing control and making trust a programmable, verifiable process, cryptocurrency reveals how value is fundamentally a social construct. The private key becomes a metaphor for human agency: not ownership in the traditional sense of physically restricting others' access to some material, but the ability to participate, to connect, to assert one's economic autonomy in a network of relationships. It's more than money; it's a philosophical statement about human interaction, trust, and the evolving nature of value.

>>59383338

again, your point would stand if bitcoin was the only blockchain PoW implementation, or if it was the optimal implementation with a proprietary license

but it's not, it's open source, you can fork it today and make a better one, people already did that, that's why we have already thousands of blockchains/DLTs that are better, faster, cheaper than bitcoin.

do you get that you dipshit crypto chud ?

>>59383365
>better
Bitcoin is 99.999% of total PoW hashrate, size is everything in units of account
>faster, cheaper
You sound poor.

>>59383365
here you go brother, it looks like you missed a post
>>59381997

>>59383365
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 it's rules, which renders the game-unit a fixed unit of account, the world's first.

Fixed unit of account is desirable because the only way to transfer value temporally is to hold assets that will have demand in the future. Increasing supply is equivalent to decreasing demand so being constrained in supply is necessary. To transfer value into the future I therefore want two things: constrained supply (preferentially fixed) & network of use as a constrained supply asset. I want these things because I know that the future will also want these things, I want the largest fixed unit of account as it will be in demand in the future, I want BTC. BTC = Value.

>>59383394
PoW is dated dogshite
Bitcoin mining is centralizing af and miners build up these massive company structures just to mine the coins and dump them to pay for the equipment
hahahaa

>>59383394

PoW is trash, and even in PoW DLTs there are superior implementations ( like Kaspa for example) that have better speeds and a superior theoretical implementation.

BTC is like dial-up internet, and you're arguing against the possible invention of superior internet access providing techniques like ADSL and Optic fiber and even starlink.

>>59381997
>the community which has the power to replace BTC's network

not an argument, it's a free market, superior tech kills legacy trash every single day

>>59383414

7 TPS legacy trash, boomer coin ponzi scheme

>>59383116
Because (((they))) did away with it. They want you to buy BTC and own nothing.
PM chads will get the last laugh.

you're correct, but crypto is actually a test
all you have to do is buy, sell, buy, sell, get obscenely rich by doing that, then buy commodities.
now you're part of the cabal too.

>>59383513
>now you're part of the cabal too
Yeah I refuse to play banker games. I just cut in line and buy silver now because at these prices it's practically a fire sale.

>>59383522
you have to go back enough in history
there are two categories of people in this world
bankers and non bankers
took me a while to accept this

>>59380857
Nocoiner Cope

>>59383513

no, i'll only short the tops and ride it all the way to the bottom, while laughing my ass off seeing greedy retards cry

>>59383500
>it's a free market, superior tech kills legacy trash every single day
then why it hasn't happened yet? kaspa should be worth more than btc, no? the free market just needs some time to catch up? things like first mover advantage, "branding" (if we can call it like that for BTC, but you understand what i mean), popularity are irrelevant to you?
tech is not everything in crypto, the network is everything. Do you know how many banks still use COBOL? Do you think it's because it's a superior tech?

>>59381067
lmao

>>59383669

having a ponzi chilling cult isn't what i would put my money on.

yes you might scam people by brainwashing them each cycle, but there is this thing called diminishing returns, now they reached the rooftop of delusion, and they literally bribed the next president of the USA to chill their ponzi and they still can't pump over 100k.

you know why ? pic related, there will not be another cycle, unless they find the president of the galaxy and bribe him in another cycle for a x2 ROI with a 80% drowdown risk LMFAO this cow has been milked dry. it's so fucking over this time for real, it's math

>>59383578
they might be retards, but like you said, they're greedy. they will come back, we will have new tops, and eventually you won't be able to time the market.

>>59383719
you're just a low iq retard

>>59383719
that's a lot of words for "this time is different"
and why are you changing subject? there were questions in the post you quoted, do you want me to copy-paste them for you or should we assume you don't have answers because you are a dumbfuck that doesn't know what he's talking about?

>>59383743

nope there won't be another cycle , see the running ROI >>59383719

this orange is fully squeezed, this cow is milked dry, it's so fucking over


it's no longer profitable to manipulate this overtraded ponzi that has dying ROI


nobody is retarded enough to risk a 80% drowdown for less than a 2x

>>59383425
>>59383500
PoW is required for a DLT to be trustless, stay irrelevant dull little statist slaveminds

>>59383760
actually no, this time is not different, we're topping on the theoretical running ROI target

it's next cycle that's gonna be different, because there will be no returns that may justify the risk.

when the red dildos penetrate your stinky asshole, you think of me you greedy retarded cattle

>>59383760
It's
>Yella
.

>>59383780
i see, so you are saying that they are gonna stop printing fiat
got you

>>59381067
Hahahshhahahshshshahahahsh

Please be fucking bait

>>59383500
>not an argument, it's a free market, superior tech kills legacy trash every single day
Then why aren't you typing this post in Esparanto? Why the fuck does Javascript still exist? Momentum, consensus, and market dominance are a thing in the real world. If something is "good enough" and widely accepted, then it will likely stay that way. Humans are only autistic optimizers in theory. Plenty of examples of this. I'm sure you are aware of this though Mr. Fed Banker.

And with 1000 alt/shit coins springing into existence and oversaturating the market, it's going to be very hard for any one of them to usurp Bitcoin's ubiquity even if they are strictly better. Maybe if there was only ONE other coin and it was strictly better than Bitcoin. But that's not the case.

>>59383784

no i'm saying that this is the theoretical top for this cycle, and there won't be another because there is no more juicy ROI for the 80% guaranteed maximum drawdown
>>59383719


they will still print money, doesn't mean you should invest yours at bernie madoff's

>>59383772
logically you're correct
then again, we just established the existence of greedy retards
so be careful with logic.

>>59383804
>no i'm saying that this is the theoretical top for this cycle
yeah, you are saying that this time is different, we got it the first time
if this time is not different, this happens >>59383760
there's no third option
>they will still print money
then btc will keep going up, simple as
of course we won't see x100 returns every cycle anymore, no one expects that. In the long run BTC is simply the perfect store of value, it will be used to park money there and beat inflation. The highly speculative side won't last forever, and it shouldn't. Volatility is not that great for a SOV. This level of speculation around it simply proves we are still very early

>>59383800
javascript is free, it's not a trillion dollar ponzi scheme. and it's at least usable and normies won't feel a different if you switch to WASM , bitcoin is not usable, to send a little money you pay 5 dollars in fees and wait an hour to send satoshis on this piece of shit 7 TPS boomer network.

and the proof of this is people use other DLTs to send money, using stable coins.

the main usage of bitfuck is ponzinomics

>>59383831

yes they exist, and they are about to be slaughtered , check the running ROI >>59383719

>>59383836
>they will still print money
>then btc will keep going up, simple as

not quite, they printed money in Bernie Madoff's time, didn't save his ponzi

>>59383859
>moving the price of a $10 market cap asset is easier than moving the price of a 1 trillion market cap asset
really surprising data
thank you for the chart, i think no one could have tought of that without seeing it

>>59383870
its not a ponzi its tulip mania like in the 15th century the dutch where going crazy over tulip bulbs in the tulip mania thats what bitcoin is tulip mania.

>>59383888

and yet you're still not selling the top. good, i'll think about you on the way down. please don't sell, you'll finally buy a lambo and get a gf

>>59383908
at least the tulips were beautiful and smelled nice, and could elevate your status

bitcoin is none of that, it's a literal ponzi scheme. the gains of the early investors are paid by the new buyers, the biggest sucker theory

>>59383870
but btc is not a ponzi, since it has actual value in its properties
you already recognized the value in those properties, your answer to that was just "but there are other more efficient crypto!", which we already totally demolished as an argument
i can create the best crypto ever wih the best tech ever in my basement, but if i don't ever advertise it and i'm the only one using it, it's worthless and it will be worthless forever
the NETWORK is what matters in crypto, which is made of people, the same people that are still using COBOL
instead of cherry picking the only words you think you have an answer to, read the whole fucking post and answer to all the points, or it will be clear to everyone that you are not here to discuss but to troll

>>59383870
Fixed unit of account, slavemind. Understand the value proposition: >>59381867

>>59383909
>and yet you're still not selling the top.
yeah sadly i don't have a time machine to sell in october 2025

>>59383908
yeah same exact thing, let me just buy 1 bitcoin so i can grow more bitcoins in my garden
that's how it works, right?

>>59383915
no its like tulip mania in the 15th century that is what blockchain tech is just like that old tulip mania people going crazy over tulip bulbs when in reality the tulip bulbs where no where near worth 1 million gulden

>>59383932
you got that right

>>59383922

no, bitcoin is no longer the Peer-to-Peer Electronic Cash System as mentioned in the whitepaper, now it's being marketed as a B2B "store of value"

the only reason people buy it is they think they can sell it higher, that's a ponzi scheme right there. eventually the world will run out of suckers and the last ones are gonna be left holding the bag, and the running ROI is pointing to this cycle as the last one, so there is a huge chance the buyers of this cycle will be the eternal bagholders of digital nothing.

and i already answred you, yes we have legacy trash tech but it's because it's useful and there are no great benefits in upgrading them yet.

bitcoin isn't useful, it's an awful Peer-to-Peer Electronic Cash System

that's why they had to remarket it to retards like you guys.

>>59380857
what is the US memes Crypto into existence and fucks the gold accumulating countries?
It's not like Gold is anything particularly useful beyond some industries

>>59384003

hey buddy, if you want to save your dying empire, do the honorable thing, finish your decline with a bang ( a war) like all previous dying empires.

you can't do this shit the easy way. world leaders don't have mental illness

>>59383978
viagra was originally a medicine to treat hypertension
listerine was for gonorrhea
brandy started off as a byproduct of transporting wine
the list goes on
>the only reason people buy it is they think they can sell it higher
right, on the contrary people invest in gold and stocks because they just like them
>because it's useful and there are no great benefits in upgrading them yet
yep, you finally got it
btc is useful, as we've already seen (read the thread again if you still have doubts, but you don't because you already recognized its valuable properties when mentioning other crypto), and there's no particular benefit in replacing a whole functioning network with something else which is less popular
great job champ, i'm proud you finally got it

>>59384037
I'm not a burger I just ask, faggot

I am so fucking tire of the /pmg/ boomers.

Not buying your fucking bags ever you decrepit 65yo fucks.

>>59383842
>javascript is free
So is every other programming language retard, but you're just being dense on purpose instead of actually registering the analogy. Javascript has better alternatives that cost the same but don't get widely used because Javascript is already big. If autistic maximalism was the sole driver of human decisionmaking, then Javascript would have been abandoned ages ago and the entire world would be speaking Esparanto. I understand why you would want to sidestep this point though.

>Bitcoin is not usable, to send a little money you pay 5 dollars in fees and wait an hour to send satoshis on this piece of shit 7 TPS boomer network.
Bitcoin is usable you dipshit cherrypicker. Boomer payment processors hit you with a 3% fee. Bitcoin just isn't ideal for small purchases. Anything over $166 and Bitcoin is cheaper than boomerpay. Even paying cash IRL you have to spend money on transportation to go buy shit.

If you want to FUD something, at least be reasonable and don't rely on sophistry lol.

>>59381933
It reminds me of this 'treasure finder org' run by a fat old boomer that found a bunch of gold and then he reported it to the FBI and got nothing because the idiot didn't just quietly claim it.

They're so dumb.

>>59384040
>viagra was originally a medicine to treat hypertension
>listerine was for gonorrhea
>brandy started off as a byproduct of transporting wine
>the list goes on

so what ? at least they don't ask for thousands of dollars for these.

in order to ask for 2 trillion dollar valuations, you need to cure fucking cancer and diabetes with one pill, then i wouldn't care if you first marketed it for hemorrhoids initially

boomercoin does 7 TPS with 60 min in average latency, and that's worth 2 trillion dollar


>right, on the contrary people invest in gold and stocks because they just like them

people buy gold and silver at least to beat inflation with no risk, it's a proven store of value since humanity discovered it. the only real money.


>btc is useful, as we've already seen (read the thread again if you still have doubts, but you don't because you already recognized its valuable properties when mentioning other crypto), and there's no particular benefit in replacing a whole functioning network with something else which is less popular

no, 7 TPS and 60 min to finality isn't what i call useful, there are already thousands of DLTs that are used as we speak, we already replaced bitcoin the p2p electronic cash system.

what we couldn't replace is the ponzi scheme. ok fair enough, people are greedy gullible retards, but for this my argument is, you should find another ponzi because this one has topped, you can't do better than this cycle, unless you bribe jesus christ to chill your bitfuck .

and the running ROI is cooked forever

good night fuckers

>>59384088
>so what
it was a list of things that started off as something else, in reply to your "electronic cash system" vs "store of value" observation
the original intention behind a product doesn't matter much, if the users then realize it works better as something else
>it's a proven store of value since humanity discovered it
yeah, outdated tech that it's being replaced as we speak, since it has obvious limitations
you can't properly define ownership, heavy to transport, can't take it with you at the airport, it's not even scarce since there are asteroids full of it all around us
it's simply a worst sov, you talk about replacing outdated tech and you are not able to see how boomer rocks are a thing of the past (for storing value)? kek
>useful
its properties make it useful, its well established network make it useful
your worries about transaction timings and fees are already addressed by the whole COBOL/javascript thing, of course there's better tech but as you said it's less popular and "there are no great benefits in upgrading them yet"

NEXT

>>59380857
Instructions unclear, exchanged $300 for 1 BTC in 2014, exchanged 1 BTC for 1.2 kilograms of gold in 2025.

https://www.coinbase.com/converter/btc/xau

>>59383772
>nobody is retarded enough to risk a 80% drowdown for less than a 2x

Basically this. It's though to say but r/Buttcoin is right, and /biz/ is populated with retards

>>59384169
nope, when the high speculation phase starts to chill out, volatily will decrease in both directions, so 80% drowdown will be a thing of the past just right the 800% returns
it's simply the best store of value we have, people will park their money there to beat inflation, being able to carry their networth with them wherever they like, ensure that it can be confiscated by governments only by violating international human rights (torture you to get the seed phrase), and so on

>>59384194
>people will park their money there to beat inflation
I don't think they will, people a) are lazy, b) don't care

>>59384211
>lazy
are you implying that a couple of clicks require more energy than buying and selling physical gold? kek
some time ago i was lurking the /pmg/ thread and someone was talking about CLEANING their coins
i laughed pretty hard at the idea of having to clean my store of value, boomers really have too much time on their hands

>>59383909
>I already sold please join me

>>59384088
Bitcoin has value because in 1000 years you will be able to count the same amount of units you had and no retard was able to modify it's ruleset due the Schelling point game theory at play. This alone is worth trillions. Good night dumbass.

>>59380857
Yeah I’m sure your shiny rocks will be worth so much in the economic collapse that’s supposedly gonna happen. Their obviously gonna cost more than growing your own food or livestock, or an education to learn survival skills, faggot

>>59382352
It’s true, Elon Musk and Jeff Bezos got rich by buying up gold
Oh wait

>>59383978
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 (trustless fixed unit of account), and the systemic value of that function (everything)

>>59384211
Yes, exactly, btc is the stock market with neither counterparty risk nor enterprise risk, its price will to tend towards global liquidity in-the-limit, this is supremely useful obviously

>>59380880
It's not illegal to fly with gold in and out the US. You simply have to declare it to the customs above a certain threshold (10K+) via a 105A form. And they can even help you keep it in a safe during the travel in some instances.
Oh and there is $0 duty even above said threshold.
>https://www.help.cbp.gov/s/article/Article-1594?language=en_US

Where do this muh airport ban urban legend comes from? It's always used as main argument by cryptosisters against gold, but it has zero ground in reality.
It's fucking gold, the oldest standardized medium of exchange among humans, not a vial of bioweapon or a frag grenade lol..

>>59381244
That's hilarious because all the worst parasites the earth have ever seen currently are onboard the BTC boat. And their entire plan is to remain parasites for their whole existence only relying on bitcorn speculation.
Isn't that a bit paradoxical?

>>59383338
bruh, sumerians figured this out with lettres de change on clay tablets 4,000 years ago. Stop trying to reinvent the wheel lol.

>>59385063
go ahead and try it, let us know how it goes

>>59385449
i like this cross-posting thing
we never said it was banned, we said it was absurd having to declare it and we pointed out that you ARE going to be stopped and questioned, and you better have good answers - i mean answers THEY consider good
>how much money are you carrying
not of your fucking business, it's my networth
>why are you carrying it
not of your fucking business, it's my networth
>why are you leaving the US with all of that money
not of your fucking business, it's my networth
>where does it come from
not of your fucking business, it's my networth

but tell me again how you live "off the grid" and "out of their control" thanks to pms

>>59385063
you sound like a fag and all your shit is retarded.

>>59381083
are you the glownigger spamming the LOL CRYPTO IS ALL FAKE memes?

>>59382131
>dude the feds are going to swat you for your bitcoin
dumbass, police are right wing and buying crypto currencies
Maybe you live in a communist state LOL not my problem.

>>59385063
>they can even help you keep it in a safe during the travel in some instances
bahahahahaha
BAHAHAHAHA
>yes I hold one of the most valuable assets in the world
>why yes I'll entrust it to a stranger during my travels, certainly
you guys are ridiculous. You come to a cryptocurrency board and espouse brainlet tier theories about how "worthless" it is. What are you even trying to do?
Whatever it is, you are FUCKING UP.
Go back to the drawing board, reinvent your memes, LMAO.

>>59388510
he's by far the best of all of them
he's easy to recognize; his memes are cryptic and without any sense at all, impossible to understand if you are not mentally ill
he likes to say "500 error" without knowing what it means and that also often appears in those memes
often times he won't quote a post to reply, he'll just write the post number (like "59388510") without the ">>", the reason is that he believes people get excited to see the "(You)" and in his mind that's a way to take that satisfaction away
he's without a doubt my favourite schizo on this board, everytime you recognize him you just have to reply with "MEDS" and he gets even angrier

>>59388517
read the thread again or just click on the id you quoted, i was talking about gold there

>>59388581
well in either case, fight for your life

>>59388567
do you think it's actually a schizo, or a NATO propaganda shill? those fags try to "deradicalize" 4chinz

>>59381071
For every use case that gold would be good, brass would be gooder

>>59388607
no he's 100% just a genuine schizo, any organized propaganda operation would at least try to make some logical sense, he doesn't

>>59388567
>>59388607
he posts pro zigger propaganda threads on /gif/ and also derails zigger gore threads, so hes not pro nato.
he also whines about being a "targeted individual" and he believes hes got an "assigned officer" that follows him, a tranny called sally or smt.
schizos can build a substantial lore.

>>59388716
i think one time he called me "tom" or maybe he was tom and i was something else, anyway yes he'll often call you with some specific name, thinking he "got you"
this is even more specific than the /pmg/ schizos that call anyone "IQ"

>>59381672
it's called network effect you retard

you can create 10 facebooks and 20 youtubes and no one is gonna use them and guess what, youtube and facebook's stocks won't drop because of it

look at this retard from 6 years ago

>>59389639
>>59389646
>>59389668
>>59389672
love reading those posts from 6-5 years ago and seeing that retards still come up with the same arguments, get demolished every time, and still don't understand. There are like 4 threads a day like this one or >>59384717 or even /pmg/ and they say the same things over and over, getting the same answers over and over. After they get their asses kicked they just stop answering and open a new thread. Meanwhile, BTC price vs USD or vs gold only increases. Truly amazing

>>59389753
yeah, it's gonna be like that for a long time it seems, even in another 5 years from now retards will still think that it's about the 'tech' and wonder why nano isn't worth more than bitcoin because it's faster. I remember Murad had said already in 2019 that from then on btc will be adopted mostly by rich people because "rich people need bitcoin more than poor people" and it's very clear now, reatil either sill think bitcoin is a scam or outdated tech or too expensive while corporations, nation states and other richfags are loading the fuck up on it

>>59388625
>>59388716
lmao. Someone called me by a specific name in the time-leap threadi. schizos defending their bullshit.

>>59380937
They have satellites that can detect the mineral composition underneath the floorboards of your house. You can't hide.

>>59390579
>satellites that can detect the mineral composition underneath the floorboards of your house
Prove it glowie. And what we teleported the nuked to Japan in WWII too?

>>59385113
Not really because bitcoin cannot be controlled that way, and with a fixed supply, they will sooner or later have to use that money to sustain basic needs to workers who provide them food, energy, and more
The worst parasites on earth are actually against bitcoin

>>59390579
why do "they" keep getting BTFO'd by sandniggers then?
turns out you're schizophrenic. back to >>/pol/braindamaged

>>59383414
based