[ 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: 2.61 MB, 320x568, 1610405100754 (1).webm [View same] [iqdb] [saucenao] [google]
25851790 No.25851790 [Reply] [Original]

Just watched this TikTok and I got scared. She was about to realize fiat is worthless if she thought for 10 more seconds. Good thing she started talking about inflation.

It would be a shitshow if normies realized fiat wasn't worth shit it would be a bad time.

>> No.25851828

>>25851790
your first mistake was taking a woman seriously

>> No.25851849

good bait, smart woman

>> No.25851875

Someone should tell her about quantitative easing and film the reaction.

>> No.25851883

>>25851828
These dumb kids have weight in the public arena, sadly enough. They need to be approached with respect and kindness, and educated on the facts so they can spread facts to all the other dumb zoomers.

>> No.25851889

>>25851790
Yeah, maybe if she ate acid or something it would give her that nudge over the edge to understand its all fucking retarded bullshit.

>> No.25851896

>>25851875
She would think we got richer and say it's a good idea because more money = richer :)

>> No.25851972

its canadian money, of course its worthless.

>> No.25852003

>>25851790
Inflation can be controlled through taxation and raising interest rates and price controls. MMT and post-Keynesianism addresses this like every day.

>> No.25852009
File: 180 KB, 900x658, as78995995.jpg [View same] [iqdb] [saucenao] [google]
25852009

>>25851889
IT SURE helped the aztecs LOL

>> No.25852019

>>25851790
She has long hair so it's less likely she's a commie.
Do it honey, try and freeze prices forever. See how far you get.

>> No.25852054

>>25851790
i want to watch her fuck black men lol

>> No.25852087

>>25852054
>>>/r9k/, elliot

>> No.25852147

>>25851790
>"fiat is worthless, it just keeps the wagecucks in line"

you realize that alone makes it the most valuable asset in the world.
a lot of you really delude yourselves when it comes to fiat, real value and everything.

>> No.25852166
File: 48 KB, 645x729, 8d6.jpg [View same] [iqdb] [saucenao] [google]
25852166

>>25851790
>What are economic cycles?
>What is the Fed?
>What is basic economics?

>> No.25852168
File: 2.97 MB, 960x540, 1607935543279.webm [View same] [iqdb] [saucenao] [google]
25852168

She's so pretty /b/ros I wish she was my wife and I could condescendingly correct her watch as it blows her mind

>> No.25852278

>>25852147
That's why I said it would be a shit show if she realized it has no intrinsic value but lots of extrinsic value. If she knew, it would lose its extrinsic value.

>> No.25852432

>>25852278
Interesting. Idk how money works. I want to be like the cool guys here.

>> No.25852501

>>25852432
>idk how money works

I'm not telling you how it works. If I tell you it loses its value.

>> No.25852506

>>25852278
is extrinsic a word?

>> No.25852547

>>25852009
Bwahahahaha

>> No.25852570
File: 114 KB, 1223x651, Capture.jpg [View same] [iqdb] [saucenao] [google]
25852570

>>25852432
Nah I'm just kidding. Watch these 3 videos, it's a good baseline.

>>25852506
Yes

>> No.25852699

>>25851790
>she is stating obvious facts
Fiat currency is a good thing. If you want the economy to grow, the fastest way for it to happen is to allow the creation of debt. We live in a world filled with debt; most money stems directly from debt that has yet to be paid. That's how it all works. The trick is to determine how fast we make people pay back the debt, so that we can stabilize between runaway inflation and runaway recession (stagnant economy).

The money isn't worthless. It is worth a piece of debt that is yet to be payed. That's what fiat currency means. God damn retarded women

>> No.25852864

Literally 80% of the way there. True enlightenment is realizing EVERYTHING is a ponzi.

EVERYTHING is a SCAM. Once you realize that it’s on you if you don’t start making money off the game.

>> No.25852931

>>25852864
don't tell them that dude wtf

wait until they realize how investment banks reliable make money trading year over year

>> No.25853022

>>25851790
how did a sperm and egg make this ugly whore

>> No.25853077

>>25851790
she clearly a moron who doesn't understand money. If she really was 10 seconds away from being in your state of mind, then you have to be a moron too.

>> No.25853121

>>25852501
>>25852570
Based anon with the face turn.

>> No.25853143

>>25851790
She's right

>> No.25853179

>>25853077
Keked

>> No.25853184

>>25852931

Imagine if they ever figure out all the “advice” you get from people is FUD from those that don’t want you to make it or COPE from losers who still believe the FUD.

“Hard work pays off” is my absolute favorite.

>> No.25853224
File: 72 KB, 615x771, 1_The-Weeknd.jpg [View same] [iqdb] [saucenao] [google]
25853224

>>25853184
You might wanna delete this post buddy.

>> No.25853246

>>25852864
REal value is not a scam. But you have to understand what is, and what creates real value.
REad Adam Smith.

>> No.25853265

>>25851790
waifu status: claimed

>> No.25853293
File: 664 KB, 480x852, Screenshot_2021-01-11 biz - Business Finance - 4chan(1).png [View same] [iqdb] [saucenao] [google]
25853293

>> No.25853311
File: 5 KB, 225x225, wj.jpg [View same] [iqdb] [saucenao] [google]
25853311

>>25851790
>NO YOU CAN'T KEEP TRACK OF FINANCIAL TRANSACTIONS WITH DIFFICULT TO COUNTERFEIT PROOFS OF VALUE! YOU HAVE TO USE BARTERING ONLY, BERRIES TRADE FOR FIRE STICKS!!

>> No.25853512

>>25853224

None of them will listen, don’t worry. The system is too rigged, the “morals” (slave mentality) are too far ingrained in society for 99% of the average person to even wake up, much less escape.

It took me ten years of back breaking labor to finally give up on the system and even LOOK for the way out, and I’ve rarely ever come across someone close to my intelligence. If it takes me ten years on the treadmill the average normie will never find it.

I’ve explained it to people until I’ve run out of breath, it never changes anything.

>> No.25853616

>>25853246

Everything is a scam. You need to study history. The very idea of “claiming” territory is a scam.

The fact you think of value as anything but arbitrary and as something other than LEVERAGE means you’re behind the 8 ball.

The only thing that had real value in this existence is your own time and personal comfort, the succession of your lineage, etc. EVERYTHING else is worthless and is all part of the scheme.

>> No.25853657
File: 95 KB, 540x649, 1585439579542.jpg [View same] [iqdb] [saucenao] [google]
25853657

>>25853512
>I’ve rarely ever come across someone close to my intelligence
Yeah it's probably hard to come across people with so low IQ that it's statistically rare

>> No.25853740
File: 14 KB, 500x375, conflictedbatman.jpg [View same] [iqdb] [saucenao] [google]
25853740

>>25852009
Yeah, they were based as hell and we're still talking about them. They also knew gold was the shiz. These aztecs were way ahead of their time. Fuck it, brb starting an Aztec thread.

>> No.25853755

>>25852168
where is this from i must coom

>> No.25853778

>>25852168
There was a time I would have done anything to this woman. I still think she's extremely attractive. I just dont give a shit about celebs anymore.

>> No.25853817

>>25853512
>>25853616
If you're so enlightened how come you're not a billionaire?

>> No.25853820
File: 209 KB, 640x360, stupidpersonalert.png [View same] [iqdb] [saucenao] [google]
25853820

>>25853224
He bought? Weeknd it.

>> No.25853839
File: 6 KB, 300x200, illiteratecuntthatswhatyouare.jpg [View same] [iqdb] [saucenao] [google]
25853839

BRO DUDE LMAO GURL DIDNT GET LOLOLOL DUDE

>> No.25853841

>>25853657

Amusing coming from somebody who probably thinks the USD is any more legitimate than any random shitcoin out there. America is just the biggest ponzi going (for now).

>> No.25853914
File: 409 KB, 450x338, IQ_of_300.gif [View same] [iqdb] [saucenao] [google]
25853914

>>25853616
>The very idea of “claiming” territory is a scam

>I claim some territory for myself
>Some zoomer faggot walks onto the territory I claimed
>Starts waving around his arms saying something about how "terRitOry Is a sCaM!"
>Shoot him in the face
>Run his body through the chipper and use it to fertilize my corn
>Continue to claim property with no further external objections

WHAT A GENIUS SCAM!

>> No.25853919

>>25852003
This. Most people ITT the girl included are completely retatded, the government controls the assets that have any value through taxation, i.e. real estate. As long as this is true, fiat doesnt have to be backed by anything and central banks can print as much as they want.

>> No.25853941

>>25853817

Capital(leverage,) and wasted time spent believing in the “firm handshake and a can do attitude” BS society feeds you.

I am FAR better off since I gave up being what society would call a “success.”

>> No.25853958

>>25851790
tried to have this convo with a friend the other day after he asked how bitcoin is worth anything, then asked how money is worth anything

he started getting actually mad and getting red in the face from denying it
are normies ok?

>> No.25853971
File: 128 KB, 900x900, Uniswank.jpg [View same] [iqdb] [saucenao] [google]
25853971

>>25851790
>how about you just let everything else happen too?
K, thats going to henceforth be my response to everything.

>> No.25853992

>>25853839
>cuck id
You completely missed the point AND you're a cuck.

>> No.25854029

>>25853914

I never said enforcing your scam with might isn’t allowed. It’s still a scam. Are you having trouble understanding basic concepts?

Those people at WACO figured out the game, that didn’t stop federal agents from burning them all to cinders.

Again, leverage and power are value. If you have leverage and power you can dictate as you please what isn’t and isn’t valuable.

We’re discussing fundamentals, I’m confused why you’re all getting so mad.

>> No.25854042

>>25852547
>Bwahahahaha
why do boomers always laugh like this

>> No.25854065
File: 141 KB, 1400x1400, nocoinerdude1.png [View same] [iqdb] [saucenao] [google]
25854065

>>25853992
DUDE DUMP INCOMING GOT DUMPED LMAO BITCOIN GOING TO $500 DUMP DUDE DUDE LMAO NEXT TARGET IS 9K BECAUSE GAPS DUDE LMAO

>> No.25854114
File: 71 KB, 720x699, 1610399276936.jpg [View same] [iqdb] [saucenao] [google]
25854114

>>25854065
You're missing the point of the post. This isnt even about crypto.

>> No.25854141

>>25853740
based aztecs, true chads

>> No.25854207

>>25851790
Why don't you go back to your bartering system then, three sheep and a lemon tree for a new MacBook.
If you think crpyto is the future, good look trying to get the public to go from instant to waiting 10 minutes for every transaction they make while a server farm in China spends $20k on electricity performing to mine digital "gold".

>> No.25854223

>>25854065
>Hory fuck, cuck ID

>> No.25854261

>>25854029

Who's mad? I'm LMAOing because it's obvious you're some student dropout faggot who thinks that he discovered genius-tier secret knowledge when this is shit that's obvious to anyone who's tried to run a successful small business and is half-awake

>> No.25854286

>>25851790
woman are bad at money, how is this news?

>> No.25854311

She’s so hot I need to marry her

>> No.25854338

>>25854207

Yes because the 4 generation old literal prototype cyrptocurrency’s weakness is shared by the entirety of the space.

Tell us more about how BITCOIN COULD GO TO ZERO?!?!????!?!! it’s a very enlightened opinion shared only by you.

>> No.25854434
File: 42 KB, 1000x1000, FBBAD31778F6434395EF82210346DF61.png [View same] [iqdb] [saucenao] [google]
25854434

>>25852003
>>>MMT
>>>post-Keynesianism

>> No.25854455

>>25854261

Anyone who’s ran actually run a successful small business is ahead of 99% of the population, so that message really isn’t for them.

And I didn’t say it was genius tier, I said it took me ten years of wasted time. I said I rarely meet people near my intelligence I didn’t claim I was some sort of code diffusing super genius.

I don’t think you understand how retarded the average person is, and why this scam will keep on chugging along until they decide to change the scam.

That doesn’t mean it’s not a scam just because a bunch of retards have been buying into it for generations.

>> No.25854509

Fiat isnt worthless, you need it to pay taxes and buy goods and services.
BTC is worthless, you dont need it for anything.

>> No.25854510

>>25854207
I don't think it will go to zero at all, and I don't remember saying that.
What I do think is that fiat is not going anywhere and I doubt will do in our lifetimes as there is nothing close to capable of replacing it.

>> No.25854545

>>25854510
Meant for
>>25854338

>> No.25854553

>>25854509
This and only this, as long as government isnt tied to btc, its worthless

>> No.25854597

>>25854338

people arent interested in using crypto as "currency" because they arent useful that way.
thats why the worst currency (BTC) is worth the most money.

People like crypto because its volatile which means you can make money speculating on it. Thats all fine but currencies need to be stable.

>> No.25854625

>>25851790
how to inject seed inside vagina?

>> No.25854641

>>25852009
the fuck kinda argument is that

>> No.25854643

>>25854510

Assuming powers that be get their way Fiat in its current state is on borrowed time. All digital currency will be the standard before you know it.

Physicality is one of the last remaining hurdles (although minor) to true complete manipulation, and they’ll be rid of it as soon as they feasibly can.

Don’t let this tik tok roastie be more awake than you are. You don’t think the WEF spends billions on cashless society advancement for shits and giggles do you?

>> No.25854748

>>25854510
Fiat can become cashless. The benefit of crypto will be that it will make central banks have to revaluate their fiscal policies long-term. It's that or they try to regulate/ban crypto which would be a PR disaster.

>> No.25854780

>>25854643

Also the girl on TikTok gets to the right point with the wrong reasoning.

>> No.25855060

>>25854207
>bartering, crypto, fiat are the only ways currency can be done
ram your ad hominem and false equivalency up your ass

>> No.25855096
File: 37 KB, 480x480, EqJIpmUWMAAusgz.jpeg.jpg [View same] [iqdb] [saucenao] [google]
25855096

Shes literally me except probably doesnt have a penis (cute girl that doesnt understand money)

>> No.25855123

>>25851790
shes very stupid

>> No.25855230

>>25854780

She never quite gets to the heart of the matter but she gets close understanding the system is flawed.

Fiat is worthless. Fiat is a piece of paper that basically says “X empire sees this as currency tradable for goods and services” the USD has become the defacto IOU of the world but at the end of day since the 70s that IOU is backed by nothing except the “good faith” that the USA will keep on trucking as it always has.

FIAT was literally one of the first scams ever pushed on the masses. Trading in currency made out of worthless items while the government holds all the actual assets in a treasury only make sense to an actual retard. Worse, now it’s “worth” “money” because we say so.

She’s closer than you think but she’s still existing in a fiat-centric mindset.

>> No.25855263

>>25855060
>He doesn't know what an ad hominem is

>> No.25855268

>>25851790
This woman is probably just parroting what she heard from a male authoritative figure who she deeply respects and would deep throat any moment he asks. There is no way she came to this conclusions on her own. Probably after getting railed, she started nagging some Chad to get some IKEA and the decided to dab on her by dropping a mini redpill in a small swallowable package that her female brain could comprehend. That's why she only gets half of the picture.

>> No.25855332

>>25851790
>Just deflate everything bro. Fuck everyone that took out a mortgage and have to watch their house prices fall while what they owe doesn't. When the dollar bills start to get scarce and there is more debt than actual money society totally won't grind to a halt and kill millions of people as a result.

>> No.25855441

>>25853778
Well that movie was from ten years ago
When she was ten years younger than she is today

>> No.25855497

>>25853293
bullish for statera

>> No.25855538

>>25852009
>aztecs ate acid

you're retarded

>> No.25855539

>>25851790
What is it about slightly above average but otherwise unremarkable white women that turns me on so much?

>> No.25855553

>>25855332
One of the few sane posts ITT. These people act smug that they understood that fiat is based on faith while completely missing the point about why it actually works lmao.

>> No.25855608

>>25855538
The Aztecs didnt but the Eleusinian Mysteries were a major part of ancient Greek and Roman philosophy and science.

>> No.25855645

>>25853293
new meme in the making

>> No.25855657
File: 32 KB, 300x300, after feminism.jpg [View same] [iqdb] [saucenao] [google]
25855657

>>25855441
She aged that bad? I'm about to Google based on your claim. Brb....
>Jesus Christ

>> No.25855669

>>25851790
imagine listening to a woman in 2021
>NGMI

>> No.25855673

>>25855230

Fiat gives us more than just good faith. It's backed by trust, before that trust was built up it was backed by gold. Now, in the modern day it makes perfect sense for people to lose faith in fiat. Central banks are taking the public for fools, and it's happening on both sides of the political spectrum.
Fiat is not a scam, but we've approached a point where technology is starting to show us viable alternatives and in the US especially the Fed's approach to printing money is only accelerating people's interest in these alternatives.

>> No.25855703

>>25855673
insightful post btw

>> No.25855751

>>25851790
>Using tik tok

Get out normie.

>> No.25855756

>>25851790
i mean she isn't wrong. this is on the same level as 'if you're homeless, just buy a house'
i can't believe these tikthot zoomers are single handedly fixing complex world problems.

>> No.25855774

>>25855673
There are no "alternatives" as long as actual assets of value --- REAL ESTATE (not stinky linkies) --- remains under governmental control (in some territory, adhering to some legislature, being under taxed)

How the fuck are you idiots not understanding that governments literally hold crypto by the balls and the minute it starts to become even slightly dangerous to fiat it will pull the rug and you fuckers won't be able to even convert back to buy tendies?

JESUS FUCK BIZ

>> No.25855788

>>25852054
America: The Post

>> No.25855922

>>25855774
If people want to accept cypto as payment then they will. If the government bans private transactions between two parties, then that'll just open the normies eyes to the fact that democracy is a sham.

>> No.25855926

>>25855774

People need to pay taxes.

We don't live in an authoritarian state, the government won't just ban crypto, they will try and regulate it. It's still early days but I think by the end of 2022 we'll start seeing them take a more obivous position.

>> No.25855982

>>25852054
Gee i wonder (((whos))) behind thos post?

>> No.25856019

>>25855922
Lmao, governments will regulate the FUCK out of crypto before there is even any hint of what could be considered a widespread adoption, so people will not give a fuck, because crypto would initially be a direct adversary to the value of their assets, which are pegged to fiat as long as they are living in some country.

Bitcoin only works as a speculative asset and nothing more. Once the ban hammer rolls out, this shit is going to 0.

>> No.25856043
File: 332 KB, 650x606, 1610387807521.png [View same] [iqdb] [saucenao] [google]
25856043

>>25855926
>We don't live in an authoritarian state

>> No.25856093

>>25856019
I get what you are saying. But it depends on how much money they print and how much people lose faith in fiat. Look at Venezuela

>> No.25856141

>>25851790
Women would drag us back to the stone age faster then 3rd worlders or Islam ever would.

>> No.25856222

>>25856093
US and EU will never be Venezuela. The threat to these countries is not external, whether it be the emergence of any currency they can regulate or any other governments due to the fact that they have the largest financial and military power in the world and if actual civilization starts to collapse internaly for any reason, I'm sure 2 hour transactions of BTC will be much better trade than hundreds of thousands of years proven bartering.

Guys, don't delude yourself into thinking this is anything than a quick cash grab, if you're lucky. You can start believing in crypto only ONCE government rolls out regulation and there is some legislative. As long as crypto is tied into shady as fuck exchanges, money laundering and black market, you're literally crazy for believing it's anything other than short term speculative bubble.

>> No.25856428

>>25856019
>Bitcoin only works as a speculative asset and nothing more.
Tell me a better faster simpler way to send someone 500K across the globe to a different country on a different continent.

>> No.25856457

>>25856043
Take your meds

>> No.25856509

>>25856428
That's exactly the consequence of it being unregulated, but I'm quite sure this is not that big of a problem with most big banks.

>> No.25856723

>>25853841
Based strawman poster

>> No.25856984

>>25856141
When they’re this hot, I don’t mind.

>> No.25856987 [DELETED] 
File: 95 KB, 1080x952, 1602214505611.jpg [View same] [iqdb] [saucenao] [google]
25856987

>>25856019
>listen but LISTEN you JUST CAN'T find a way out of a government keeping you poor with taxation and endless money printing that siphons the value of your and everyone else's work—especially not immutable, globally-distributed financial technologies
>you are all IDIOTS for investing in globally-distributed immutable code, something that THE GOVERNMENT can control via money printing and boomer legislation backed by money printing
>THE GOVERNMENT is always ten steps ahead and can control everything EVEN CODE with money printing
>going to 0 because THE GOVERNMENT
finally found someone who's a bigger faggot than i am

>> No.25857043
File: 95 KB, 1080x952, 1602214505611.jpg [View same] [iqdb] [saucenao] [google]
25857043

>>25856019
>listen but LISTEN you JUST CAN'T find a way out of a government keeping you poor with taxation and endless money printing that siphons the value of your and everyone else's work—especially not immutable, globally-distributed financial technologies
>you are all IDIOTS for investing in globally-distributed immutable code, something that THE GOVERNMENT can control via money printing and boomer legislation backed by money printing
>THE GOVERNMENT is always ten steps ahead and can control everything EVEN CODE with money printing
>going to 0
>because THE GOVERNMENT
finally found someone who's a bigger faggot than i am

>> No.25857094

>>25856987
why did you delete it faggot
>>25857043

are you currently occupying the virtual space you fucking retard? Are you immune from IRS knocking on your door anytime? You obviously have no idea what I said if you believe that muh technology protects your assets, unless you're willing to live in some third world shithole which won't even know what is crypto for the following decades I guess.

>> No.25857543

>>25853293
I'm like 90% this bitch is an autismo

>> No.25857660

>>25857543
Indeed, she has a video explaining it

>> No.25857868

You know, I've had this thought the other day, if inflation is high enough it can actually hide an economic recession. Data from Japan's economy using current USD tells you their economy shrank during the 90s I believe when the data using yen tells a different story.

If someone has data on oil or gold prices and instead uses them to measure economies, it might be that the US economy is receding badly against the price of gold for example.

>> No.25857869

>>25851828
fpbp

>> No.25857934

>>25851790
someone tell me she got fucking torn up with responses in some way shape or form.

>> No.25858009

>>25851790
She was SO CLOSE!

>> No.25858192

>>25852147
FIAT by itself is worthless. However, if you have a lot of FIAT you can easily extract things of REAL value from people by giving it to them. This is literally what "work" is. Extraction of real value for worthless paper.
>inb4 commie
I have no problem working for things that hold actual value. But exchanging labor for worthless funny money is exploitation. Capitalism is not the problem. The false-capitalist system we currently have is.

>> No.25858320

>>25852699
>Doesn't understand that he operates from a false paradigm
>Calls others stupid
I bet I could get you to give me literally anything for the right amount of FIAT. How much do I need to give you before you'll sell me your first born child? 10 billion? Would you sell your child to me for 10 billion of whatever FIAT you want?

>> No.25858499

>>25854261
Anon, you don't understand how stupid most people are. Most people do not run successful small businesses and of those that do, only a small fraction actually are "awake". Maybe you haven't interacted with people very often but most of them are completely hopelessly enslaved. Most of them will never even begin to grasp the most basic concepts about what molests them. It's actually very sad because the answers are actually obvious but they delude themselves into ignoring them.

>> No.25858531

>>25853958
Imagine firmly believing that reality was one way and then someone has a brief conversation with you, and you realize that you've been a fucking moron since birth. I think you would get pretty angry too.

>> No.25858557
File: 88 KB, 688x596, 29402879_2107048559527255_8841172371881590784_n.jpg [View same] [iqdb] [saucenao] [google]
25858557

>>25857094
deleted the first one to make the second one slightly more epin, but still missed a grammatical error because it's late and i'm a retard (should be "especially not *IN* immutable, globally-distributed fintech")
even assuming that the US government COULD or WOULD try to ban one or all cryptos for any reason, they're not the only government in the world (nor are all the current governments in the world the *only* governments that can or will ever exist on earth)—though, granted, they are the government claiming authority over a great number of highly capable people
blockchain changes things from the ground-up; gives anyone from a pawn to a megacorp the ability to make or earn an asset backed by the value of the work being performed on its network
from the moment the bitcoin source code went public, the concept of involuntarily-funded governance was definitively placed in a scenario wherein the only feasible outcomes are ones in which they've lost control; it's now the twelfth year of development in the blockchain space, and there are millions of nodes for developed blockchains globally
there are hundreds of thousands (if not millions) of people across the planet who can code blockchain
voluntarists see blockchain as a tool for liberation in that it makes their actions and speech immutable, and thus favor blockchain; involuntarists (being fundamentally self-destructive) see blockchain as a means of furthering their control over society, and thus favor blockchain
both parties see the value in trustless, guaranteed outcomes
what i'm getting at is that without even touching upon how money printing itself incentivizes high-value people's moving away from fiat in the first place, you have SO MANY things securing blockchain investment and usage

this is a pretty long-winded brainlet writeup but i'm fucking wiped; i have no natural obligation to try to convince you of anything anyway, so take it or leave it

ps fuck you for calling me a retard only i can do that

>> No.25858584

Economy brainlet here, while I do agree fiats have a lot of "social construct" in their meaning, could someone explain in an autist-proof way to me why they've been around for hundreds of years and people just accept them cause they actually seem to work, and why or why not cryptos could replace thosse "tradidional" fiats in the future

>> No.25858625

>>25854748
They will regulate the fuck out of crypto after a massive crash occurs that causes bleed over damage. That will be the justification for regulation and stability. Oh, it looks like Tether was pulling a scam and nobody knows how much fake Tether was actually exchanged for whatever crypto? Sounds like the entire market could crash and destroy millions of peoples lives around the world!

We'd better regulate that so it never happens again :^)

>> No.25858650

>>25855096
Yup. Tesla had it all. Literally could have saved us but he forgot that there would be people that didn't want that to happen. A true shame.

>> No.25858676

>>25851790
She's gonna be a billionaire

>> No.25858732
File: 13 KB, 256x256, 1608356813148.jpg [View same] [iqdb] [saucenao] [google]
25858732

>>25851790
>we decided to inflate it, why can't we just decide to deflate it
I guess nobody told her about the jews =/

>> No.25858742

>>25855926
All states are authoritarian you dipshit. That is why they have AUTHORITY. Your idea of authoritarian and what authoritarian actually is are incongruent.

>> No.25858763

>>25856141
Maybe the stone age was better.

>> No.25858769

>>25858584
>hundreds of years
buckle up buckaroo, you're in for a ride

>> No.25858789

>>25851889
>having to take mins altering drugs in order to realize our whole system is based on Jews fucking with the money

>> No.25858819

>>25856428
XRP.
>>25856509
It is. Which is why Ripple designed XRP to be near instant. It's why Ripple has been pushing for regulations. It's why Trump's SEC chair filed the lawsuit and then resigned. It's coming and it's coming very soon. Interesting timing with the revelation of the Tether scam, no?

>> No.25858887

>>25854207
>what is gold
>what is silver

>> No.25858931

>>25855230
>except the “good faith” that the USA will keep on trucking as it always has.
The good faith the US wont invade your shithole if you say no to USD in exchange for goods and services they need*
ftfy

>> No.25858960

this chick gon get raped on tuesday check em

>> No.25858969
File: 1.29 MB, 195x229, 1604283858239.gif [View same] [iqdb] [saucenao] [google]
25858969

>>25855926
>We don't live in an authoritarian state
braindead zogbot NPC detected

>> No.25859020

>>25858557
I get what you're saying but it's fundamentally flawed. Your perspective requires slave morality to work. Slave morality is a falsehood. "good" crypto is not going to beat "bad" crypto even though more people would like it to be so. "Bad" crypto is going to win because "bad" crypto has more power and leverage. You talk about governments changing in the future but neglect the nasty little fact that central banking has run through multiple powers and empires in its life. It doesn't matter what "government" is occupying the land, they all still serve the central bank.

I do appreciate your point though! I do wish you were correct and that the "good" guys would win. But, that is contrary to natural law and thus impossible.

>> No.25859060

>>25851828
/thread

>> No.25859117

>>25855332
why doesn't the government just buy the debt then pardons it
we don't need to halt or kill anything

>> No.25859161

>>25855926
>It's still early days but I think by the end of 2022 we'll start seeing them take a more obivous position.

They will need 2 years despite them having to compete with Chinas Digital Currency you can simply trade with BTC in the West - mate, I live in Twilight Zone World

>> No.25859254

>>25858557
>even assuming that the US government COULD or WOULD try to ban one or all cryptos for any reason, they're not the only government in the world (nor are all the current governments in the world the *only* governments that can or will ever exist on earth)—though, granted, they are the government claiming authority over a great number of highly capable people
>blockchain changes things from the ground-up; gives anyone from a pawn to a megacorp the ability to make or earn an asset backed by the value of the work being performed on its network

How much is BTC worth if you can't trade it into FIAT. Simple question, before you type out another 10 paragraphs.
Now imagine a world where I can track every single payment you make, because it is just a number on your phone.
Mate, you are so delusional from the world you live in, you can't even imagine a different framework

>> No.25859747

>>25851849
Exactly These are the retarded questions you ask when you're still in single digits age

>> No.25859838

>>25851828
B and rp'd

>> No.25860003

>>25851790
She has an apple watch. Don't expect anything grand

>> No.25860141
File: 45 KB, 550x716, 1541647065180.jpg [View same] [iqdb] [saucenao] [google]
25860141

>>25859020
>"bad" crypto has more power and leverage
the fact that humanity is so wildly successful is, in my mind, irrefutable proof to the contrary
central bankers have never had to deal with anything like crypto—gold doesn't come close
you could literally have one autist make the decentralized network across any insane number of nodes globally that millions of people choose to secure their value with; gold, through legislation put forward by socially manipulative people, can feasibly be controlled by a malevolent force in a manner that doesn't involve bloodshed
whereas bankers could turn to an involuntarily-funded state to enforce their rule in past times, this kind of state's source of power—taxation, directly or otherwise—no longer becomes a sustainable parasitism tactic without the mass deployment of violent enforcement measures when people have any kind of value or wealth on-ramp to crypto
as far as extreme examples of on-ramps go, i'd previously thought of a scenario in which the real-time event of one destroying their physical fiat could be input into a blockchain in order to generate one equivalent unit of currency on-chain
this would be insanely guerilla—but a softer means of bringing wealth into blockchain could be found in somehow collateralizing physical assets that you own on-chain in immediate exchange for funds (the question, all the same with the method of burning fiat, is in the process of verifying to the blockchain that you have met your terms—in this case, that your physical asset is collectable to lenders)

bottom line is, voluntarism wins in the end—always has, always will
just as capitalism thrives and communism starves, voluntarism is choosing to live and let live while involuntarism is mass enforcement of self-annihilation
involuntarists may attempt to control power, but naturally, they suck at making it

>>25859254
>he doesn't know what it is to be a global citizen
see paragraph beginning with "as far as extreme examples of on-ramps go"

>> No.25860219
File: 55 KB, 500x500, 4tgxjj.jpg [View same] [iqdb] [saucenao] [google]
25860219

>>25858789
I'm afraid next time I drop acid, I'll just see crooked noses and small hats instead of walking faces. I've been on 4chan too much.

>> No.25860291

>>25860219
warping faces*

>> No.25860405

>>25852009
guy on the far right
>something don't add up here...

>> No.25860619

>>25860141
You already start from a false premise. You assume that crypto has not been "farmed" and "perfected" from the outset by central bankers. You assume that it is an entirely original and unique concept that came out of nowhere. It is more likely that it was introduced by central bankers and, like a frog in a pot of water, slowly "cooked" until it was ready to eat. You and other people believing in "good" crypto are the frogs not noticing how hot the water is getting, because it is being done gradually over time rather than all at once. You won't know something is wrong until it is far too late.

You talk about capitalism thriving, and you are correct. Capitalism for the central bankers allows them to thrive and communism for the rest of us starves us out. You and your misfit band of merry autists are not going to save the day. You're nothing to these people. Your entire position is based on the egocentric idea of how YOU BELIEVE the world to be. THEIR position is based on the way the world actually IS.

>> No.25860788

>>25853755
https://youtu.be/S3-5e0OOLKQ
Cooming is bad for you

>> No.25860984
File: 932 KB, 1768x2208, Screenshot_20210112-171706_Samsung Internet.jpg [View same] [iqdb] [saucenao] [google]
25860984

>>25852054
shoo shoo rabbi

>> No.25861181 [DELETED] 
File: 272 KB, 1080x1412, EkPgvGSXcAYdOqD.jpg [View same] [iqdb] [saucenao] [google]
25861181

>>25860619
>their view is objectively true to reality and perfect, everyone else's view is egocentric
and yet they use their magical power of perfect vision into how nature works on its most fundamental level to try to make a majority of the world's populace bound into slavery performing menial tasks all day instead of letting brilliant minds lift everyone—them included—into a world where mental and physical ailments to the human body are no longer a concern, neither energy nor space are limited resources, and dumb people who are a net negative to society are one of their most subsidized demographics
lol okay
it sounds to me as though you underestimate the value of reason—and in turn, greatly overestimate the competency and intellect of the most vicious of central bankers, to your own fundamental disadvantage
no matter what kind of power they have, it's hard to argue with mathematical guarantees

>> No.25861287
File: 272 KB, 1080x1412, EkPgvGSXcAYdOqD.jpg [View same] [iqdb] [saucenao] [google]
25861287

>>25860619
>their view is objectively true to reality and perfect, everyone else's view is egocentric
and yet they use their magical power of perfect vision into how nature works on its most fundamental level to try to make a majority of the world's populace bound into slavery performing menial tasks all day instead of letting brilliant minds lift everyone—them included—into a world where mental and physical ailments to the human body are no longer a concern, neither energy nor space are limited resources, and dumb people no longer have to be dumb and thus a net negative to society, let alone somethings that has to be financially and intellectually subsidized by anyone else
lol okay
it sounds to me as though you underestimate the value of reason—and in turn, greatly overestimate the competency and intellect of the most vicious of central bankers, to your own fundamental disadvantage
no matter what kind of power they have, it's hard to argue with mathematical guarantees

>> No.25861485
File: 630 KB, 1800x1405, falklands-map.jpg [View same] [iqdb] [saucenao] [google]
25861485

>>25852003
you do realize thats been tried before right? You dont think the hundreds of other currencies that have imploded thought they could control it?

lol we are fucked

>> No.25861574

>>25853778
Her tits are mediocre

>> No.25861704

>>25861181
You lack vision. That Eden you speak of will occur. But not for us. For them and them alone. It's survival of the FITTEST not survival of everyone.

>> No.25862289

>>25852168
da fuck, I've never seen a woman so obviously turned on

>> No.25862339
File: 206 KB, 440x460, 1607356711556.png [View same] [iqdb] [saucenao] [google]
25862339

>>25852699
on the other hand, it only has value because we created a system of artificial scarcity where nobody is allowed to have their own space unless they have a constant supply of this "money" stuff. there's plenty of land so there's no reason things have to be this way.

why do so many people not even have a small spot to live on?
>because they don't have a steady supply of "money"

why do you need "money" to own a small plot of land when there is plenty of land for all the world's people?
>because all that land belongs to the rich, and they don't want other people to live on their land unless they constantly give them "money" for the time they live there

why do rich people have lots of land they don't need?
>because they have the most "money"

why do they have the most "money'?
>because they are more skilled at games of trade. trade is the fastest way to make the most "money". if you can find people who are not skilled at trade, you can use your trading skills to take their "money" from them. then they will have to pay you a tribute of "money" to live on your land.

doesn't this seem like a weird fascist religion after a while? and the people who do the best in this system are just the skeeviest traders. is trading at such a high level even beneficial to society? sure a balanced type of trade where both sides benefit can make everyone richer, but being extremely skilled at trade only benefits that trader, it doesn't benefit society because it just concentrates wealth and creates more poor desperate people.

>> No.25862356

>>25851896
lmfao, sadly this

>> No.25862436

>>25854029
>thinking anyone actually died at waco
ngmi

>> No.25862492

>>25854509
but there are people who will give you fiat for bitcoin. as long as these people exist it's not worthless
>>25854553

>> No.25862619

>>25855332
inflation is bad for people without lots of debt, deflation is bad for people WITH lots of debt. these days we have a system where the rich get tax benefits to go into debt and buy real estate. rich real estate speculators have lots of debt, so our government goes the way of inflation instead of deflation. whatever fucks over the average person the most is the direction we go.

>> No.25862656

>>25862492
FIAT is worthless.
>I use it to pay taxes and stuff tho
That's the funniest part. The government makes you use it because they will inflict violence upon you if you do not. It's not that it actually has value it's that you are forced to use it at the value those that rule you say it has. It could be literal cow shit and if they said you have to pay your taxes in cow shit, you would do it and say that it has value!

Real value comes in the form of knowledge + leverage = power. The government knows the money is worthless but it has leverage over you so it makes you use the worthless paper to its own benefit.

>> No.25862693

>>25855539
because she's young (probably a teenager), nonfat, and doesn't have the fluoride stare. she's smart enough to ask good questions.

>> No.25862723

>>25855756
i think you mean "why don't rich people give houses to homeless people? there are plenty of houses to go around, right?"

>> No.25862844

She's right though. What if a country secretly printed money. The total supply of paper currency can't be monitored accurately, it's fucking paper not connected to any database unless someone manually creates a record in a database noting it was printed.

Print more and don't tell anyone. She's fucking right, that is extremely based.

>> No.25862885

>>25858192
>worthless paper.
it isnt worthless when you can buy and sell labor with it, is it? What would you use then, barrels of grain? bottle caps? rum? cigarettes?
its just convenient, dude. Your line of thought there makes no sense

>> No.25863010

>>25862885
You're missing the point. It is a matter of perspective. An exercise:

I know FIAT is worthless. Yet, I still have a lot of FIAT? Why? Because I know that many many more people DO NOT know that FIAT is worthless. With this KNOWLEDGE I can use my worthless paper to obtain LEVERAGE over them. This gives me POWER and through this power I can make you give me anything I want. All of this POWER disappears the second you realize that my FIAT does not actually provide any LEVERAGE over you, and so give me nothing of actual value! Unless I am willing to commit VIOLENCE against you to obtain LEVERAGE, then I have no POWER!

It is convenient in the sense that you can acquire things of actual value from people that don't understand it is worthless. Let me ask you: if I gave you $100 BILLION USD for custody of your child, would you take the deal? Why or why not?

>> No.25863119
File: 81 KB, 680x453, 1610160567261.jpg [View same] [iqdb] [saucenao] [google]
25863119

>>25851972
>its canadian money, of course its worthless.

>> No.25863149

>>25863010
>if I gave you $100 BILLION USD for custody of your child, would you take the deal?
no

>> No.25863189

>>25863149
And why not? It's the right answer but I want to know if you understand why.

>> No.25863230

>>25863010
>if I gave you $100 BILLION USD for custody of your child, would you take the deal?
No
>Why or why not?
Blood cant be bought and just so shant be sold. I hope to God you wouldn't have said yes, nor anyone.
>FIAT is worthless.
99% of people think it is worth something, so it is worth something. that is literally what the word means.
You say it has no utility? Well it is certainly convenient, as you can be assured of its validity, it is lightweight, easy to count and the number of it is easy to read.

Id argue gold is the useless one. It is bulky, easy to adulterate, subject to shaving, etc.
Its practical uses are so few and far in between and require so little of it, it should rightly be worth pennies.
But it doesnt. So has spake the People. The People think it looks pretty on them, or fancy, or whatever. So it shall be worth something.
I don't know what you don't get. This is simple and basic market dynamics. Demand x Supply?

>> No.25863311
File: 359 KB, 2732x277, E2D2E6E7-FE9C-44E2-9FCC-31632AD23B9C.jpg [View same] [iqdb] [saucenao] [google]
25863311

>makes idiotic fucking claims
>”guys don’t tell me I’m wrong I’m autistic and it’ll upset me”
I fucking hate it here

>> No.25863381
File: 188 KB, 1048x1413, c74cedcd63cf7c88757550a53a4c0e04.jpg [View same] [iqdb] [saucenao] [google]
25863381

>>25861704
a promoter of the meme that the central banks have earth-shattering power, telling me that i lack vision when i say that a truly fundamentally knowledgeable party would not contest a brilliant population's independence, but would instead not stop them from their attempts to create technologies that so much as make stupid people into intelligent people—lifting IQs globally and perhaps even eradicating genetic illnesses in the process, bringing EVERYONE into the "fittest" category.
one of the few reasons i can think of that they might take such a violent approach is purely out of some kind of exaggerated egoism—the idea that they're inherently a superior consciousness, to the point where they'd rather force the "inferior people" into death than allow them to lift themselves, in addition to the rest of mankind and all other life on the planet, into what is arguably a comparatively ascended existence. only problem is, this *should* directly contradict the idea that they act "based on how the world actually IS"—which was the outlook that you made evident was your own a couple of posts ago.
the way you talk of them, you'd lead someone into thinking that "they" were an evil force that had corrupted you into a beacon that spreads fear in their name—likely so that they can control through obedience.
you're autonomous, and nature is god. "they" don't control our world—you're merely host to the memetic virus that has you believe that they do.

>> No.25863445

>>25852054
as admittedly funny as i think this post is there's surely some deeper sickness inhabiting this website

>> No.25863603

>>25863230
>Blood cant be bought and just so shant be sold. I hope to God you wouldn't have said yes, nor anyone.

Exactly my point. Your child is priceless. No amount of worthless paper will change that. Again, you assume what the majority think matters! It does not matter that they THINK it is worthless because you KNOW it is worthless. You are right to not accept the money for your child and no person in their right mind would! But people around the world sell children for USD every day. If you KNOW something has no value then you can TRICK people that think it does into giving you things that are MORE valuable. FIAT only has worth insofar as you can convince someone it does. If that illusion breaks, and they decide your money isn't worth anything then you get nothing from them! If you went to the grocery store tomorrow and the cashier told you that they no longer accept USD and only accept lighters, your FIAT would quickly go from king shit to absolutely worthless.

In fact, during a societal collapse LIGHTERS will hold more value than FIAT or GOLD. You should stock up on lighters.

>> No.25863617
File: 42 KB, 600x600, df.jpg [View same] [iqdb] [saucenao] [google]
25863617

>>25852699

>> No.25863738

>>25863381
Because it is not in the wolfs best interest to help another pack survive. Take your queues from nature and you'll understand how things are and how they must be. You say God is nature, and are correct, but then decry the absolute animals that the elites are. They (and we) are ANIMALS born of PERFECT NATURE. They are acting exactly as nature intends animals to act. It is us that lie to ourselves and tell ourselves that there is more to us. There is not! That is PURE EGO. The wolf NEVER thinks it is more than a wolf. Yet man somehow thinks he is more than man.

I do hope you are right though anon. I truly do. Please do not take my posts as "rooting for the bad guys". I'm simply trying to be honest with my approximation of things. I understand your viewpoint but I need to see the central bankers actually lose for a change before I buy in.

>> No.25863745

Hey schizos if fiat is so worthless why don't you give me all of yours?

>> No.25863795

>>25863745
Because I can use it to extract things of value from those that don't know it's worthless?

>> No.25863875

>>25852009
whats the floating orb partaking in the blood?

>> No.25864031

>>25862339
Have you considered reading Das Kapital?

>> No.25864131
File: 200 KB, 1879x609, 1599105615089.png [View same] [iqdb] [saucenao] [google]
25864131

>>25863445
oink
i'm the poster who made >>25863381, now phoneposting for a brief moment before i die for the night
in that post, i speak of memetic viruses—ideas that essentially turn us against ourselves, into a somewhat self-destroying entity
anyway, see pic related—wrote it awhile back, generally only post it when i see someone trying to pass this particular memetic virus onto others
some memes, evidently, may be extremely dangerous to certain individuals; only thing that can be done is to exercise personal caution

>> No.25864863

>>25864131
You do make a good point here. And It has made me reconsider some things. Thank you, anon.

>> No.25864926

>>25852054
T. chink

>> No.25864957

>>25852168
look how big her mouth is

>> No.25865157

>>25852699
>If you want the economy to grow
What does that even mean and why would I want it?

>> No.25865263

>>25855096
If you've got a penis you're not a girl, and definitely not cute