/biz/ - Business & Finance

Makes sense to me. What's the problem Gramps?

>>7493490
>some shiny metal with limmeted use and enormous fees should be valued more than one of the most revolutionary technologies since theenvention of steam engine
Oh wait its actually is

>>7493490
either bait or boomer

either way OP is a fag

>>7493490
wow the bottom sellers are geatting real fucking desperate

>>7493490
data is big business generally speaking, where have you been? under a rock?

>>7493490
correction, it should be worth way more than gold, gold is shit, hard to buy, hard to sell, hard to store, hard to move

>>7493525
>one of the most revolutionary technologies since theenvention of steam engine

>>7493838
not an argument

>>7493525
>one of the most revolutionary technologies since theenvention of steam engine

>>7493490
>a physical substance should hold a same value as an advanced secure value changing method

This isnt 1500 anymore

>>7493874
> Doesn't understand the implications of a distributed immutable ledger

>>7493891
so...

2D > 3D

r9k was right!

>>7493490
fuck off boomer

>>7493525
>your whole post
Yeah cryptocurrency has almost made something useful happen

>>7493863
He's not trying to make an argument. We are just laughing at you.
Now I'm going to laugh too.

>>7493525
Imagine believing this

>>7493490
>A rock should be worth more than information in the information age

>>7493918
>thinks it needs to be tokenised to work

>>7493490

>>7494137
What information? lmao


At least the rock can tell you about the composition of Earth

>>7493525
>limmeted
>one of the most revolutionary technologies since theenvention of steam engine

Gold is for boomers and brainlets.

>>7494267
people who buy gold and silver
>pajeets
>boomers
>jews

That's not the people I want to be in company with

>>7493838
>>7493874
>>7494100

Make sure you laugh before BTC hits 100k

>a shiny rock should value the same as a worldwide decentralized distributed ledger

>>7494210
>what information

>>7494306
don't forget right-wing conspiracy theorists - thats where I fit in

>>7494346
this. Gold is not some special, magical substance. It's a commodity/asset like any other that has value depending on what people are willing to pay for it. Sure, it has a handful of useful properties, but if it's value was tied to its actual useful properties an ounce of gold would be about as valuable as an ounce of steel. Only boomers are obsessed with this "but I can feel it in muh hands!" notion.

>>7494418
don't underestimate people's feelings regarding the value of things mang

>>7494444
I don't. But people have feelings about bitcoin, too. That's my point, people act like gold has some massive "inherent" value, when really its value is tied to people's feelings about it, like anything else.

>>7494492
fair enough

>>7494492
So just like bitcoin

>>7493490
Loooool
Trust me sweeties
Nobody cares about "block chain"

>>7494100
>>7493838
>>7494112
>>7494256
> As you get older your brain loses its plasticity at some point and you get wedded to the frameworks that you have

>>7494418
Gold has literally no value other than being shiny and having a somewhat limited supply. Silver looks nicer anyway.

>market drops
>silver and gold drop harder

Nice investment you jew slaves

>>7494582
Based chart. Peter Schiff can get fucked.

>>7493490
The domain name Cars.com sold for about $800mil. It's iterally just an address on a network.

Networks have more value than metal.

>>7494640

Nowadays people know the price of everything and the value of nothing

How can google make shittons of money? They only work with 1 and 0s