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/biz/ - Business & Finance


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17960885 No.17960885 [Reply] [Original]

>yeah, bro, I have this magical internet money that will be super valuable in the event of a global economical collapse
>yeah, it needs an internet connection to actually use
>why, what's wrong with that?

>> No.17960923

>2008 economic crisis destoryed the internet
stay safe brainlet, you are more of a danger to yourself

>> No.17960933
File: 89 KB, 805x851, tenor.png [View same] [iqdb] [saucenao] [google]
17960933

>>17960885
>flu outbreak
>global economical collapse

>> No.17960953

>>17960885

If the internet stops working you have bigger problems than muh magic money.

>> No.17961014

>>17960885
>Yeah, bro, i have these shiny rock with intrinsic value that i can trade no problem when civilization will be wiped out
Fuck off

>> No.17961051

>>17960923
2008 was not a collapse, retard

>> No.17961067

>>17961014
Yes, like every other culture did before civilization was a thing.

>> No.17961088

>>17961014
Worked for 5000+ years

>> No.17961181

>>17961051
are you implying that we are going to have a collapse because a couple of boomers died from some flu?

>> No.17961241

>>17961067
>There were no civilization before us

>> No.17961378

I never actually thought of that. Fuck.

>> No.17961777

>>17960885
Just wait until the whale dump. It will be an absolute slaughter.

>> No.17962060

hi where can I buy Jeb bucks
please and thank you

>> No.17962082

>>17960885
You can transfer btc without the internet. Look it up.

>> No.17962119

Literal boomers who buy sterling silver cutlery at a markup are unironically savvier than most of this board

>> No.17962137

>electricity cuts off
>cell towers disable
So err, you got anymore of that shiny gold rock?

>> No.17962169

the worse corona gets, the more people will sell crypto. There are gonna be looting and chaos in the streets. "oh take this hardware wallet it has a lot of bitcoin on it. But what can I use it for , I need to buy food for my family?" Oh, you know decentralized money, decentralized this that

>> No.17962223

I think most would agree that Bitcoin is only a hedge against inflation and not against a madmax apocalypse scenario

>> No.17962237

>>17960885
Cryptocurrency is worth less than fiat currency, and that's saying a lot

>> No.17962244

>>17960885
>economical
coping smoothbrain detected

>> No.17962248

If things get to the point where the internet is somehow shut off, do you actually think the term "value" is going to have the same meaning?

Currency doesnt matter in an apocalypse, but if you live your life preparing for a future like that, how are you ever going to succeed at anything?

With that being said, I have a small amount of some various crypto, think the tech is really cool and think there is some potential for it, but there's no way in fuck I would ever all-in that shit.

>> No.17962258

>>17962137
If electricity cuts off you will have a lot bigger problems that your shiny rocks can't solve either.

>> No.17962301
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17962301

>>17960885

>> No.17962512

>>17962248
These goldbugs simply don't fucking get it. It had the best properties for a currency however it's adoption as a standard was due to the ability of the powerful nations to procure it. Currency is what the powerful decide it will be. Shiny rock doesn't mean anything by itself.

>> No.17963034
File: 1.59 MB, 1920x802, 123.png [View same] [iqdb] [saucenao] [google]
17963034

You can mine bitcoin with pen and paper.

>> No.17963196

>>17962237
link is literally worth multiple dollars

>> No.17963312

>>17961067
excuse me, what?

>> No.17963339
File: 67 KB, 578x716, 1578374289031.png [View same] [iqdb] [saucenao] [google]
17963339

>>17963196
Okay, try buying something with it

>> No.17963388

>>17963034
hahahahahhaa