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/biz/ - Business & Finance


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File: 2.60 MB, 1027x9999, worlds money.jpg [View same] [iqdb] [saucenao] [google]
13404906 No.13404906 [Reply] [Original]

>“smart" money thinks bitcoin is too risky while they marinate in a giant pile of highly leveraged derivatives based on debt
imagine

>> No.13404995

>>13404906
Thank God I'm stupid

>> No.13405077

So the value of the intersection of the markets is greater than imaginary fiat?!?! Who knew.

>> No.13405118

They know that their holdings in risky derivatives are held behind a wall of corporate personhood and that a bailout is likely to protect their interests should the system undergo a meltdown. Crypto-currency is largely an unknown, and it isn't clear if the implications of holding it could result in unwitting criminal liability, which penetrates the corporate veil automatically.

They'll wait and see until the fix is in, then they'll pile into the market.

>> No.13405119

IM TRYING TO ACQUIRE MORE CRYPTO BUTIT'S NOT EASY AS A WAGE SLAVE
PLS NO BULLRUN SOON I NEED MORE TIME

THE ULTIMATE HEDGE IS CRYPTO I KNOW THIS NOW

>> No.13405783
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13405783

>>13405119
>crypto
stay poor

>> No.13405813

>>13405783
BITCOI

>> No.13405931

This infographic is hugely misleading though.
It even says so on the chart itself here..
They choose to measure derivatives' marketcap in notional value (aka theoretical value of all the goods they control) rather than the net/gross market value (like a marketcap), which is more like $21 trillion, aka no big deal

The US deleveraged 'bigly' after 2008, not so though for shitholes like Europe, Canada and Australia --so we'll see you guys in your own leveraging crisis, suckers...-- but then again all their economies combined maybe only equal to that of the US's

>> No.13405949

>>13404906
The main thing I’m taking away from this graph is that I need more silver