[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 32 KB, 1107x206, borc.png [View same] [iqdb] [saucenao] [google]
16568202 No.16568202 [Reply] [Original]

email from a finance professor at my university. /biz/, is he based or cringe?

>> No.16568236

BTC isn't zero because bitfinex has printed 500trillion USDT. BTC is not bitcoin anyway so you can tell your "professor" to do the needful and hang himself

>> No.16568257

They're crashing the Dollar to replace it with a digital version. Their goal is total control. Knowing that, why would you think they would allow Bitcoin to exist?

>> No.16568262
File: 51 KB, 820x547, 1503577086986.jpg [View same] [iqdb] [saucenao] [google]
16568262

>>16568236
>BTC isn't zero because bitfinex has printed 500trillion USDT

>> No.16568272

>>16568257
wtf are you retards on about crashing the dollar, its still going to be worth 1$. Bitcoin can crash to 0 $ from its current price what ever that is, but the dollar will still be worth 1$. It cant go lower you fucking morons

>> No.16568282

It sounds like your finance professor is a master baiter considering he went with argument openers that are just a tiny bit too wild and a tiny bit false, hopping nobody noticed probably so he could lure them into more sound facts after he's already implemented his suggestion.

We are not in a recession right now if you consider the definition of recession. What he's implying is that the economy is not sitting on solid ground right now which he is right about however, and bitcoin is not at zero because there is buying pressure, but I actually expect governments to start front running the bull run when things hit a head.

>> No.16568284
File: 7 KB, 253x199, 1533483668631.jpg [View same] [iqdb] [saucenao] [google]
16568284

>>16568272
>wtf are you retards on about crashing the dollar, its still going to be worth 1$

>> No.16568285

>>16568202
If people are buying bitcoin with the new money that is printed, he is right, if people get off BTC to try to ride the stock pump (where the new money is likely to be injected), then the opposite happens.

>> No.16568292

>>16568236
>btc is not bitcoin

>> No.16568306

>>16568257
My question to you would be why wouldn't they? Bitcoin is fully traceable and entirely digital, the government doesn't care if they don't have access to your keys because they've created tried and true methods of control through the decades of a cash only society.

>>16568272
Plz stop brainlet. Learn forex and then go back to pleddit.

>> No.16568628
File: 531 KB, 709x722, Screenshot_20191215-132919_Chrome.jpg [View same] [iqdb] [saucenao] [google]
16568628

>>16568272

>wtf are you retards on about crashing the zimbabwe dollar, it's still going to be worth $1 it can't go lower you fucking morons