/biz/ - Business & Finance

[Anonymous No.51250058]

BTC maxis always say that btc is tokenized energy
But why isn't BTC price mooning along with energy prices?

[Anonymous No.51250098]

Every single BTC narrative has failed

[Anonymous No.51250100]

Hold my bagel

[Anonymous No.51250157]

>>51250098
The Inflation hedge was the big thing
But they have one narrative left, the 4 year pump and dump
Exactly what killed the Inflation hedge since people sold because of the time from the halfing

[Anonymous No.51250171]

[Anonymous No.51250196]

>>51250058
because the people who advanced that claim were "clever" idiots. energy is energy. the world is discovering this fact the hard way.

[Anonymous No.51250613]

>>51250058
>But why isn't BTC price mooning along with energy prices?

Because hashrate has moved to places with cheaper energy and left europe.

BTC price in euros should moon if btc is tokenized energy we will see the nexty 500 days what happens.

[Anonymous No.51250658]

>>51250058
Because those people were just making shit up

[Anonymous No.51251216]

>>51250658
It sucks how the internet means these people can mostly just disappear instead of being laughed at and ridiculed forever

[Anonymous No.51251238]

>>51250098
If this was true, Bitcoin would be worthless right now.
Instead its worth tens of thousands of dollars, per coin.

[Anonymous No.51251241]

>>51250658
>>51251216
Right now dxy is going up which means everything is forced to go down in price worldwide for the most part.

If in two years btc appreciates more in euro terms than in usd terms by a large margin then they will be proven correct.

[Anonymous No.51251413]

threads like these make me consider selling my bitcoin and buy physical gold

[Anonymous No.51251429]

>>51251413
same anon

[Anonymous No.51253181]

Bump

[Anonymous No.51253218]

>>51250196
You sound like an "idiot" idiot.

[Anonymous No.51253236]

>>51251241
Why are people pretending they "might be proven correct"? The claim is nonsensical.

[Anonymous No.51253577]

>>51250058
>BTC maxis always say that btc is tokenized energy

Because thats fake and does not have a shred of truth to it. Its delusional shilling to get you enamored. And it seems to be working.

[Anonymous No.51253677]

>>51250058
wouldn't miners have to sell btc to cover rising energy prices?

[Anonymous No.51253759]

>>51251241
DXY has gone up, it's topped. Anyways way to move the goalposts. Showing some correlation in this one instance is not "proving that BTC is tokenized energy". It's a spent energy receipt with massive volatility and it's price action correlates primarily to central bank monetary policy.

[Anonymous No.51253772]

>>51250058
NOT LIKE THIS.... ENERGY BROS

[Anonymous No.51253805]

>>51253759
*its

[Anonymous No.51253902]

>miners opting out
>a good thing

[Anonymous No.51253916]

>>51250058
Energy goes into BTC but doesn't come out.

[Anonymous No.51253924]

>>51250058
because they werent real maxis. btc is an inflation hedge, a centralization hedge, and overall the most powerful way to store wealth our species has.

Inflation hedge will not become apparent until btc is completely mined, and adoption has topped out.

Centralization hedge has always been a factor. i expect this to become more apparent over time also

powerful store of wealth has been true since inception. those who use btc to store their wealth are more powerful and more free than those who choose not to. this is apparent from the early adopters. this will become apparent from the adopters today in 30 years.

[Anonymous No.51253931]

>>51250098
Has 'decentralized p2p cash' failed? And yes I'm serious, don't laugh please. Everything else aside from that has been made up.

[Anonymous No.51253987]

>>51253916
what if you buy gas with your btc
then gas comes out to you

[Anonymous No.51254020]

>>51253987
so if you buy a funko pop with your btc does that mean its tokenized funko pops

[Anonymous No.51254028]

>>51253924
>btc is an inflation hedge

An inflation hedge that drops from 60k to 20k lmao. You would have been better off holding the cash.

[Anonymous No.51254039]

>>51253931
yes because at any reasonable scale btc can't be used at cash. even if it could be (it can't without bandaids like the shitening network) no one wants to because the only reason people buy it is to speculate on its future value in fiat, especially bad when the block reward runs out and the network is supposed to survive on txt fees alone lmao

[Anonymous No.51254061]

>>51250058
Backed by Jews. With Jews you can’t lose.

[Anonymous No.51254108]

>>51254039
>bandaids
lol L2s are great, sharding poses security risks to the network itself, when crypto is adopted for payments even if its in the form of CBDCs most payments will be settled on L2s

[Anonymous No.51254305]

>>51254039
Tons of people want to use it over cash. Who wants to pay sales tax? Who wants to be forced to make the choice between reporting cash over $10k to uncle sam at the airport or keeping it in your bank account so big brother can watch you? Who wants to use a shitty 3rd world currency with a 1000000% inflation rate? Who wants to use the dollar if burgers can freeze your assets whenever they feel like if you keep it abroad while the government of your shithole can prevent you from taking USD out of the country to prop up their own dogshit currency?

But even beyond that, digital cash isn't supposed to replace paper notes. Most transactions are online. There is no cash analogue for online transactions save for crypto. You got moralfag companies like AMEX and Paypal that wouldn't let you pay for porn for years. You got credit card processors that won't let peptide and nootropic companies sell you shit you want to buy. You got crowdfunding services that don't let you donate to "far right" groups, which these days can be pretty much anyone who isn't drinking neoliberal kool aid. You got bans on funding "terrorist groups", which I used to trust, but now that NZ is declaring Proud Boys a terrorist organization I'm starting to wonder how many more lies we've been fed.