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/biz/ - Business & Finance


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14910137 No.14910137 [Reply] [Original]

Is this the biggest Ponzi scheme ever created?

>> No.14910141

>>14910137
Kys

>> No.14910151

>>14910137
Yes. Boomer Genocide is coming

>> No.14910210

no, bitcoin is

>> No.14910235

>>14910210
Social Security is orders of magnitude bigger than bitcoin you fucktard

>> No.14910248

>>14910137
yes

>> No.14910252
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14910252

haha no? why would you say that? Now don't you have an auto loan, mortgage, or credit card payment you need to make?

>> No.14910273

Well, it would be fine if it you were allowed individual accounts and allowed to self direct it.

It has a negative RoI and not enough people paying into it.

Now imagine it when all the immigrants start drawing on it and medicare in the next thirty years and the white tax base diminishes even further.

>> No.14910404

>>14910273
What you’re thinking is sorta what I’m thinking
But another thing is ... my social security money literally doesn’t exist and it won’t exist until I’m 60
Wtf....

>> No.14910453

>>14910404
It won't exist even when we're old enough to claim it. We're probably looking at a sub-50% of what we will put into it. MSM claims we'll get 75% but it's definitely bullshit

>> No.14910494

>>14910453
Which btw doesn't even factor in the diminished purchasing power of the USD so we're extremely fucked.

>> No.14911003

>>14910273
Hell even if the psychopaths had an account for each person, that we could view anytime, and invested the money directly into treasuries it would be more sustainable. AND allow the money to be passed on to other retirement accounts if you kick it early. It's so easy to fix this system. It's medicare that's going to hurt.

>> No.14911009
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14911009

here
for you retards

>> No.14911057
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14911057

>>14911009
brainlet here. ain't reading all of that shiiet

>> No.14911063

>>14911057
it's actually written very simply
just read it

>> No.14911082

>>14910235
If Bitcoin becomes widely adopted, it'll become a bigger Ponzi scheme than Social Security.

>> No.14911228
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14911228

>>14911009
The suggestion to move back to bartering is unironically one of the most retarded things i've read here.
Good read though

>> No.14911250

>>14911082
>if bitcoin becomes a bigger ponzi scheme than social security, then it'll be a bigger ponzi scheme than social security

>> No.14911259

>>14911009
also, the currency inflating is literally the entire fucking point, brainlet. if a currency doesn't inflate, you have no reason not to hoard as much as you possibly can. the fact that it depreciates incentives you to go and spend it, which drives the economy, i.e. more people contributing toward society.

>> No.14911277

>>14911009
You niggers need to grow your own brain, is killing me fucking seeing retards believe anything especially on an infograph by 4chan.

>> No.14911288

reminder doomers will die alone in their cucksheds with their 4-figures worth of silver

>> No.14911294

>>14910137

no that's the stock market

>> No.14911304

>>14911259
>spending drives the economy
>spending creates wealth

Its all so tiresome. Learn economics you nigger

>> No.14911321

>>14911250
>drooling retard

>> No.14911362

>>14910273
This shit ain't gonna last another 30 years. US economy is going to collapse within 3 years. We're due for a whole new monetary system, backed by gold again. China or Russia will probably lead the way, and then WW3 happens because US politicians will never admit that it's their fault that the dollar is collapsing, and its russias/Chinas fault because of the gold backing, and that's why we have to go to war. Why do you think the US took out Saddam Hussein, or Qaddafi? They wanted to back their currency in gold, and the US just cant let that happen. Shit is going to be real bad, real soon.