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/biz/ - Business & Finance

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28819801 No.28819801 [Reply] [Original]

holy fucking based bitcoin killed with one comment

>> No.28819841

Youtube comments are a goldmine of geniuses

>> No.28819869

>>28819801
>There will always be a bigger idiot than you

This is how I feel every time I hand over worthless paper for tangible goods

>> No.28819897

>>28819801
not entirely wrong

>> No.28819943

World's not running out of idiots anytime soon. Bullish.

>> No.28819947

>>28819801
>Backed by the taxation power of the government
What does that even mean?

>> No.28819957

Considering I’m smarter than literally 90% of society, that’s a bet I’m willing to take

>> No.28819989

>there will always be a bigger idiot than you
yeah, when this retard FOMOs in at 100K he'll be a bigger retard than me

>> No.28819993

>>28819957
Based

>> No.28820037

>>28819989
maga man btfo

>> No.28820044

>>28819801
when you scale it down to a coin with 100 holders, it becomes clear that he is correct. crypto literally is a pyramid scheme

>> No.28820047

>t. maga man
>networth: minus $30,000

>> No.28820226

>>28819801
>maga man
truly high IQ individual right there

>> No.28820420

>>28819801
I agree bitcoin is worthless, even if you agreed it did, there's no way it should 60 % of the market. Every possible utility you could get from bitcoin has been done far better by some other crypto. But fags like OP usually extend this to all crypto

>> No.28821256

>>28819801
>The value of BTC is derived from the power it takes to mine it
>The value of fiat is derived from the feds saying "it's worth something, for real, trust me"
>Value of measurable electrical and hardware costs vs value of the government's word
Not looking that convincing of an argument

>> No.28821347

>>28819801
Pretty good grammar for a retard.

>> No.28821352

>>28819801
There is a convenience, utility, and proven security to Bitcoin that retards can't understand.

>> No.28821385

>>28819801
He's absolutely correct

>> No.28821457

>>28819801
He's not wrong but no one telll the boomer fiat is the same ultimately.

>> No.28821549

>>28819947
Nothing really. It's only backed by the idea that the government or military is going to push your shit in. And both get to pick and choose where and when law applies.

>> No.28821874
File: 74 KB, 640x883, 1611255714733.jpg [View same] [iqdb] [saucenao] [google]
28821874

>>28821549
Why are people so scared of welfare recipients aka "modern military"?

>> No.28821908

I love when my friends regurgitate this shit while I secretly made 120k in 2020 without filling out a single application. And they work minimum wage with degrees.

>> No.28821948

>>28819801
bros.... how can bitcoin recover after this

>> No.28822026

>>28821874
I love how the army isn't afraid to admit that soldiers are just another form of welfare leech.

>> No.28822094

>>28819801
>can i donate it to israel? if not, it's not real.

>> No.28822151

damn i cant believe nobody saw this before. crazy how MAGA man posting in youtube comment section is literally smarter than phds in computer science and theoretical physicists.

>> No.28822375

>>28821352
>proven security to Bitcoin
Anon, I...

>> No.28822658

>>28820044
Human society is a pyramid scheme

>> No.28822727

>>28821908
what degrees did they get? what tier of university did they attend? what kind of min wage jobs do they have? Do they have GFs and fuck them? I'm just curious

>> No.28822786

>>28822658
And it all started around the time that the blacks were building pyramids. MAYBE THEY WERE RIGHT ALL ALONG!

>> No.28822804

And if the theory holds true?

>> No.28822824

>>28822658
both are true

i used to believe in bitcoin now i just want to dump it on retail so i act like i believe in it

>> No.28823221

>>28822804
Well since there are people born everyday it is true. Also the decline of median iq is consensus in science so chill .... Bitcoins value is the network and not so much the encryption so OP is a retard and probably bought my bags. See? This will work indefinitely as long as people are born. You're welcome.

>> No.28823602

>>28821908
What memecoins did you hold?
Did you stick with the mainstream ones or go all in on something like GRT?

>> No.28823770

>>28823602
I get paid in crypto all 2019/2020 in e-commerce. Logged into electrum in December and almost choked. Only ever got paid in btc eth ltc

>> No.28823913
File: 75 KB, 540x471, technology.jpg [View same] [iqdb] [saucenao] [google]
28823913

>>28819801
The eternal boomer.

>> No.28823986

>government
stopped reading there, doubling the money supply in a year? lmao

>> No.28824011

>>28819947
1. You have to pay your taxes
2. Most people will perform labor to do that.

So the money becomes a memory for labor that was performed some time in the past.

The guy in the image is still a retarded faggot because the faults in the modern fiat system are what bred bitcoin and the reason why people continue to dump money into it.

>> No.28824096

>>28823913
All this culture is making us antisocial
ftfy

>> No.28824263

>>28824011
the money is already that, it represents abstract value. When you do labor, you mint new value, devaluing the currency in relation to your work. The devaluation is tiny, but is exemplified by the friction between the motivation of the worker to do work for more value and the motivation of the employer to pay out no more than what new value has been minted.

>> No.28824321

>>28819801
The real problem with buttcoin is it's technologically garbage but brainlets and scumbags don't know or care.

>> No.28824385

>I head to my local Starbucks™ after work
>The barista informs me that that will be $300 + tax of $45 + mining fee of $700 + tip $100
>Transfer Bitcoin for my refreshing cup of joe
>The barista then looks at my bitcoin wallet address and sees that I paid for my subscription to Blacked using the same wallet
>Extorts me for the rest of my wallet

>> No.28824443

>>28819801
What a shabbos goy

>> No.28824446

>there always will be a bigger idiot out there than me

true

>> No.28824489

>>28819947
The government created the pieces of paper u use to buy things with, and they take it back via taxation. MMT is the idea that without taxation then they literally are just pieces of paper but then theres blah blah issues with that who cares

>> No.28824495

>>28819801
>youtube comment posting
why isn't this bannable?
s and h

>> No.28824753
File: 72 KB, 1280x720, big_1496148706_image.jpg [View same] [iqdb] [saucenao] [google]
28824753

>>28824011
>>28824489
Wait you guys pay taxes?
Are you dumb or something?

>> No.28824770

>>28819801
Lmao moneh is a concept

>> No.28824894

>>28823770
What do you do?

>> No.28824918

>>28822786
>thinks humans built pyramids

NGMI

>> No.28824922

>>28822727
Math/Computer science
Mid tier
The coffee jew/Retail
Yes

>> No.28824975

>paper money is worthless
>>bitcoin is worthless
>>>precious metals are worthless
>>>>it don't matter. none of this matters.

>> No.28825031
File: 70 KB, 750x751, muttslaw.png [View same] [iqdb] [saucenao] [google]
28825031

>>28824385

>> No.28825032

Nocoiners have battered wife syndrome with fiat currency

>> No.28825040
File: 819 KB, 850x1133, satanias butt.png [View same] [iqdb] [saucenao] [google]
28825040

>>28819801
1) he's not wrong 2) his problem is not understanding there will always be a bigger idiot and eventually BTC will probably hit a million dollars assuming Craig doesn't kill it somehow which means it'll become a stablecoin that would be difficult to be moved, at which point people will deal in Sats rather than BTC.

>> No.28825129

>>28819869
I know right? I can't believe these idiots took my paper for 1000 ounces of silver last month lmao

>> No.28825148
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28825148

>>28821874
niggers wont let me in because of domestic violence when i was 15. Ya my dad was a faggot. They wont let me enlist where my violence will be appreciated? cool ill just game the system.

>> No.28825946

>>28824922
Do these nibbas have comp sci and math degrees and cant find professional work? blows my fucking mind really especially because the math degree could probably get them work in finance and the comp sci should be self explanatory

>> No.28825960

>>28822658

All of reality is a pyramid scheme. This shit is built into the fabric of the universe.

Escape the illusion and give in to selflessness.

I am free.

>> No.28826116

>>28819947
The dollar holds its value because you can only pay US taxes with it.

>> No.28826284

>>28824894
I already told you. I get paid from my "job" in crypto. Anything paid to me in 2019 was built upon this bull run. Ive never put fiat into crypto and ive been here since 2016

>> No.28826489

>>28820044
It’s all a pyramid scheme fella. The only reason countries horde gold is because they think it’s worth something. I know this is bait but I’m just that bored

>> No.28826709

>>28824385
>I head to my local Starbucks™ after vidya
>flash my public QR to prove membership of 1.0 Bitcoin master class and 32ETH Elite
>nocoiner peasants drop to their knees, the women salivating
>h-how can we serve you m-master
>coffee... black
>t-that will be 2.50 microsats sir
>lightning transaction
>tip 100 microsat
>T-THANK YOU SIR!!

>> No.28827220

>>28824918
>thinks blacks are humans
Ngmi

>> No.28827305

>>28825946
Math degree is worthless in finance. Finance only requires middle school math and basic computer skills.

>> No.28827491

>>28827305
Best degree or schooling for finance?
T. tradesman who is smart enough to do the work but hates sitting behind desks.

>> No.28827567

>>28819801
>t. MAGA_boomer_1776

I hope his kids appreciate his hoard of gold dubloons and limited edition Patriot Mint Freedom Coins (TM) when bitcoin assumes its final form as big dick king of the universe

>> No.28827569
File: 35 KB, 419x424, f7e8d8ed50dca9a2f79134d52c5540b2a77b18d7902f63d0a64ac29ff6f6505c_1.jpg [View same] [iqdb] [saucenao] [google]
28827569

>>28819801
>>>>>>>>>backed by the taxation power of government

>> No.28827739

>>28819801
Isn't it backed by an infrastructure of processing power that is dependent on expanding until the year 2140?

>> No.28828417

>>28826709
>pays $4.3m USD for a cup of coffee

ngmi

>> No.28828419

>>28825148
Kek they want you to be psycho but appear normal.

>> No.28828922

>>28827491
It really depends on what you wanna do in finance. Degrees range from Bchlr in accounting to MBA.

>> No.28829027

>>28819801
I dont think anyone 8s buying gme bags

>> No.28829080

>>28828417
sounds like the economy in 2030 to me

>> No.28829227
File: 23 KB, 343x301, 1612788240087.jpg [View same] [iqdb] [saucenao] [google]
28829227

>>28819947
Basically that you bail out the government through increased taxes whenever they fuck up

>> No.28829230
File: 196 KB, 1430x765, trump.jpg [View same] [iqdb] [saucenao] [google]
28829230

Bitcoins value is based on thin air.

>> No.28829562

>>28819947
you will always need to trade your assets or whatever you have into a single fiat, which is the only currency your tax agency will accept when settling taxes. Which is ironic, the only thing giving power to fiat is public perception and state force and coercement to use it

>> No.28829582

>>28819801
fiat currency is as worthless as magical invisible internet money, the only difference between them is that one of those things was created by one of us a random peasant and the other is created and controlled by people that want to enslave us the governments of the world

>> No.28829680
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28829680

He's right
Everything is worthless
Kill everyone

>> No.28829704

>>28819801
>Maga Man
>The taxation power of government
Drumpf and his supporters were a mistake

>> No.28829813

>>28819801
bitcoin is backed by the people who hate the government and we vastly outnumber the government

>> No.28830090
File: 731 KB, 1600x900, 1612997032116.png [View same] [iqdb] [saucenao] [google]
28830090

>>28826709
>Pays $400 in gas and waits 9 hours

>> No.28830134

>>28819947
It means that he is butfucked by jews and he like it

>> No.28830229

>>28819947
backed by violence
forced compliance
citizens under a constant state of duress
coerced into acting in a way determined by a group of satanists

>> No.28830543

>>28819947
A physical dollar is simply a representation of an IOU. A bond that the government takes out and promises to pay back, (((with interest))) through taxation.

It doesn't make sense. Its a perpetual debt problem. If only one dollar exists, how do you pay back that one dollar with (((interest)))?? You take out another loan to pay a loan...eventually the system crashes when nobody wants your fuckin monopoly money.

You're paying last years credit cards with new credit cards. And that's why income tax started in 1912 the same the the fed was created, because you can't take out a loan without an income source.