/biz/ - Business & Finance

[Anonymous No.27600299]

>he doesn't have any real money
>he ACTUALLY thinks 1s and 0s have any value whatsoever
there's still time before it all comes crashing down anon. gold is real wealth with intrinsic value that cannot be lost no matter what happens. gold is forever. gold's value is literally ordained by God

[Anonymous No.27600584]

I can't get 1,000x gains in a month with gold tho

[Anonymous No.27600657]

>>27600584
>1000x gains
they're not real.

[Anonymous No.27602228]

>>27600657
this

[Anonymous No.27602351]

>>27600299
computers are made with gold

[Anonymous No.27602485]

>>27600299
I like silver but gold is nice too

[Anonymous No.27602558]

>>27600299
Gold is for fools, the only thing that has value are bullets

[Anonymous No.27603059]

The real value of gold/silver goes beyond its immediate utility uses (medical, electronics, weapons components, dentistry, jewelry, etc.). The value is that it best exemplifies the qualities of money. These qualities include: satisfies a valuable use beyond exchange, portable, durable, divisible, fungible (interchangeable), value density such that units are easy to use for transaction, and is a store of value (every use will be possible for eternity since gold does not expire/rot/degrade).

Things like seashells, tobacco, salt that have been used in other economies satisfied these same qualities, but not as well as gold/silver. Seashells are not as divisible, fungible, or value dense; salt is not as durable or value dense; tobacco is not as durable or fungible. Every other type of commodity can be used as money but will lack the performance in one of the necessary categories of money qualities when compared to gold/silver. Even cryptocurrency falls short of the store of value function since they do not have a specific use value beyond simple exchange value (anything can be exchanged, so this facet is not inherent to crypto exclusively).

Many anons who shit on gold because they associate it exclusively with jews or claim it’s worthless also suffer from being poorfags with about $2000 to invest so bitch and whine about guns, ammo, and food. This makes sense as these are the first things you should secure, but for non-poorfags, I’m not trying to arm and feed a fucking army of people. After I secure years worth of food, several firearms, and 10s of thousands of rounds, I still have plenty of USD to convert into assets that can’t be printed/infinitely divided, can be acquired anonymously, have zero counter-party risk, and maintained with little effort/space.

[Anonymous No.27603735]

>>27600657
>>27602228
>you're not allowed to make money from digital assets!
Massive cope. You both sound like ignorant boomers.

[Anonymous No.27604054]

https://rumble.com/vcrrlv-welcome-to-the-rice-fields-.html

The grid is [UP] and my dogecoin wallet keeps refusing to update

Imagine how fucked you are going to be when the Grid actually FAILS