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/biz/ - Business & Finance


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51650964 No.51650964 [Reply] [Original]

>> No.51650984

Austrian economics is visibly a scam to anyone who isn’t brainwashed into it

>> No.51651014

>>51650984
LOL

>> No.51651016

>>51650984
how so

>> No.51651108

>>51651016
Because the United States isn't fucking Austria and Austrian Economics followers frame every economic situation through the lens of their silly libertarian fantasies as opposed to the lens of economics we operate under.

>> No.51651134

>>51651108
ok so you know nothing about austrian economics, cool

>> No.51651140

>>51650984
*jewish scam

>> No.51651160

>>51650984
thank god we use based and redpilled keynesian economics

>> No.51651167

>>51651014
Have fun defending magic
>>51651134
Value doesn’t come from transcendental magical properties of money

>> No.51651186
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51651186

>>51650964
every person shilling bitcoin on twitter is an NPC normie anon. you're a retard

>> No.51651208

>>51651167
value doesn't come from labor either

>> No.51651211

>>51651167
quote something that mises or rothbard wrote that was incorrect or fuck off

>> No.51651266
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51651266

>>51650984
Don’t care.
Anarcho capitalism is the natural order.

>> No.51651368
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51651368

>>51651266
so you enjoy pedos, racism and slavery?

>> No.51651374
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51651374

>>51650964
people need dollars though

>> No.51651378

>>51651160

yes the based and red pilled faggot pedo nigger lover Keynes.

>> No.51651637

normies aint know bout that bitcoin fr

>> No.51651672
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51651672

>>51650964
K I N G U S D
people seriously bought gbp's? i do hold btc though

>> No.51651731

>>51650964
is 0.1 bitcoin enough to make it?

>> No.51651779

>>51650984
HAHAHAHAHAH HOWS THE ECONOMIC STABILITY KEYNESTARD

>> No.51651781
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51651781

>>51651140
>t.

>> No.51651805

>>51651779
stability isn't part of keynesian economics, fren
The boom and bust cycle allowing for greater consolidation of wealth is the cornerstone

>> No.51651831

>>51651186
yes

>> No.51651837

>dude the made up internet money is way more secure than the national currency of the worlds sole superpower lmao

>> No.51651978

>>51651837
It kinda is more secures as long as there's electricity.
If the electricity goes out then not even FIAT or GOLD will handle it.
The only currency there will be is ammo, food and water.

So as long as civilization lives as we know it, then bitcoin is indeed the most secure and hard money there is.

>> No.51652042

>>51651978
>this is your brain on maximalism

>> No.51652070

>>51652042
Not at all bro, I'm just using logic.
What do you have to say about the best currency if the worlds goes blank?

>> No.51652071

>>51650964
>Noooo my shitty fiat is better than yours
At least USD has American Exceptionalism behind it. Bitcoin is just some gay, censored shitware.

>> No.51652088

>>51650964
im literally all in on bitcoin but this is the most retarded post ever

>> No.51652149

>>51652071
>Noooo my shitty fiat is better than yours
Bitcoin is not a fiat.

You're speaking of your ass..

>>51652088
Your money is losing value by the day if you let it sit on FIAT, how is that retarded?

>> No.51652152

>>51652071
>American Exceptionalism
LOL! Cope living in your dystopian shithole. American Exceptionalism hasn't existed for 50 years.

>> No.51652261
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51652261

>>51650964
Thanks to bitcoin i actually made money, i don't really get how people get so overly mad and stupidly angry when even the most retarded of retards can make money with crypto. Hell, even memecoins like VINU offer p2e shit with scramble so you can earn 10k of their coin each time you catch it
I don't even know how people lose money

>> No.51652272

>>51650964
*drops to 14k*

>> No.51652296

>>51651167
>Value doesn’t come from transcendental magical properties of money
It is literally reified just like the money that represents it. It IS the "magical property", the money is the physical, non magical representation of it. it changes on a dime depending on scenarios that can be completely random. If Putin were to drop a nuke tomorrow for instance, you would see things flip upside down and backwards from what once was considered "valuable".

>>51651208
It comes from the laborers, consumers rather.

>> No.51652354
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51652354

>>51650964
Gold will eat all of them, food and weapons will eat gold, coochie will eat food and weapons.
Women are currency

>> No.51652389

>>51652354
hentai NFTs eat coochie

>> No.51652413

no utility no value, simple as

>> No.51652891

>>51652413
stupid mother fuckers, have fun staying poor.

>> No.51652931

>>51652296
You’re literally making a Marxist point materialist critique of Anarcho capitalism as an argument for anarcho capitalism. Truly insane

>> No.51652951

>>51651779
I’m not a Keynesian and we haven’t lived in Keynesian economics for decades. You’re looking into a mirror

>> No.51652967

>>51652152
America is shitty, but it's less shitty than anywhere else. This is just the facts bruv. American Exceptionalism is not a meme.

>> No.51653012
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51653012

>>51652261
I'm also grateful of crypto because they allow me to stake altcoins like XPRESS, COTI, EBOX, and IRIS to generate passive income. I can also trade if I wanted to.

>> No.51653019

>>51650984
Not wrong. When are we getting nuclear power cunts?
Huge fuck off dessert with no cunt around. Put it there.

>> No.51653691

>>51653012
NGMI

>> No.51653835
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51653835

>>51652071
>American exceptionalism

>> No.51653851

>>51650964
BTC milkshake theory

>> No.51654201

>>51653012
Anon is diversifying, and it's wise to keep things that way to prevent becoming overexposed to one coin. The bank metaverse from Xpress could be released shortly. Although I don't have an ebox token, I'll look into it.
>>51653691
What the fuck you're talking?

>> No.51654312

>>51651978
>The only currency there will be is ammo, food and water.

which the us goverment has and controls, does bitcoin?

>> No.51654769

>>51652931
>You’re literally
Value *literally* cannot be defined. Unless you want to make like a materialist marxist moron yourself and set up the means of limitation. It is REIFIED. "Made real". In the case of the Marxist its "LTV". In the case of capitalism it's "whatever you FEEL is profit", but typically leans to whatever is popular.
>Truly insane
I'm calling it our for what it is. If the
>"laborers, consumers rather"
part threw you off then I'm sorry your reading comprehension failed you. Laborers consume do they not? Those who don't labor still consume do they not? Of course they do. If they didn't have the need to consume then you couldn't determine value whatsoever, let alone arbitrarily. If they didn't labor, you'd also have nothing of value to sell (except an idea perhaps).

You live in Clown world where people pay billions to watch Disney make sci fi movies instead of actually doing the shit in films in real life. Where people pay money for the rights to digital copies of pointless images. Where people actually give plastic card numbers to bimbos selling used bathwater. Value is based on the parties involved which is the only reason why this insane shit happens in the first place. Otherwise you would sit in a bread line until starvation because one of these dipshits would get in charge and quantify it based on whatever. In the case of Marx it was "labor", but as it turns out you don't have to pay a diesel machine $15 an hour to whine and take lunch breaks.

>> No.51654964

>>51651108
Holy fuck, what a retard, American...

>> No.51655100

>>51651368
Nothing to do with "enjoy". It's a recognition of the reality that the demand exists. We have ALL of those in mass, and the only thing the current system does is push it to the black market whiich is monopolized by the "elite". All of those things exist under every economic system, and in certain countries without free markets, things like pedophilia and slavery exist as a base for the ruling class.

GTFO out with your fantasy world kid

>> No.51655123

>>51651266
Glad to see people still fighting the good fight, unfortunately for some reason most AnCaps seem to be Brazilians.

>> No.51655144

>>51652967
I can assure you that my country is far better than America.

>> No.51655183 [DELETED] 

>>51654964
>>51654769
>>51654312
>>51654201
>>51653851
https://pastebin
.com/1UKc6jLs

>> No.51657079
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51657079

>>51650964
Fucking shitheads. I sought refuge in BTC at 60k and now I've lost 66% of my money. I should have just stayed with pounds or dollars and lost like 8%.
I'm getting all that back by staking on maiar for 28% APY on UTK.

>> No.51657168
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51657168

>>51650964
Ignore crypto and get shitted on. Btc is just one aspect, a successful one I would say. Blockchains are the real deal especially multichains. The future is near.

>> No.51657186
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51657186

>>51651266
based

>> No.51657192

>>51652088
>this is the most retarded post ever
How did you manage to make sense and sound like a fag at the same time? Btc is based, so are blockchain projects like Geeq. My eyes are on the developments.

>> No.51657232
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51657232

>>51650964
Pacman understands.

>> No.51657297
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51657297

>>51650964
People need dollars, and bitcoin is the coin of the future. I'll continue to accumulate and stake it. Stupid nominees get this

>> No.51657334

>>51657079
Better you anon, I believe those who stake bitcoin and other crypto have a vision for the future. I have mine staked in Freeway for 33% fixed APY.

>> No.51657352

Some chad should put dogbat bonking bitcoin

>> No.51657516

>>51652261
They lose cos they don't research. Hackathons and IDOs are there but they're too lazy. Not that I care. I'm catching Geeq early. Fingers crossed.

>> No.51657521

>>51652354
Stfu retard. Chads are slurping multi-blockchains, but I don't expect you to understand that.

>> No.51657546
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51657546

>>51651108
I dont like BTC but you are retard

>> No.51657624

>>51657334
How this platform was able to make BTC stake-able should be studied I'm a university, kek

>> No.51657639

>>51650964
Not interested in your crypto bags

>> No.51657647

>>51657297
I've been staking fiat as well. Never really lost much money even in the heat of the bear market. I might have hacked this crypto thing

>> No.51657737

>>51657624
Dude, meet me here after you conduct research regarding their supercharger staking.

>> No.51657754
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51657754

>>51650964
Zoom out

>> No.51657763

>>51657737
It appears there's a lot more in the bag. Considering their earn where you can lend them your assets and enjoy good APYs for it

>> No.51657773
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51657773

>>51657647
Lol, staking rewards players that are skilled at the game. I have no idea why you would think you could hack an asset management protocol. They are relatively secure.

>> No.51657791

>>51657773
I gotta point it out because a lot of projects do not put security into serious consideration and it shows. First thing I check with every platform is their security level

>> No.51657836

>>51650964
Name 1 think shitcoin can do that ETH can't do cheaper and faster. Hint: you can't

>> No.51657845

>>51657836
Point out 1 thing that any crypto can do that current banking system can't

>> No.51658258

>>51650964
Ignore bitcoin and buy altcoins. Take the advice only if you want to get rich. Look at APTOS, SUI and GSTAR.

>> No.51658281

>>51651167
>he doesn't believe in magic
NGMI anon, I'm sad to say

>> No.51658291
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51658291

>>51650964
Nice store of value

>> No.51658345

>>51657836
Be secure from unilateral rollbacks

>> No.51658374

>>51650964
>please buy my bags

>> No.51658377

>>51657836
Be a store of value.
You’re going to give me your bullshit list of reasons why you think it can. You’re going to tell me you don’t see why it couldn’t. This is because you actually have zero clue what is really needed for a SoV protocol, and you will forever be confused about why BTC will remain the SoV forever and ETH never can. All the time you’ll think you know better than the market and the people who patiently try to explain to you why you are wrong.

>> No.51658720

>>51650964
Hex will eat them all

>> No.51658767
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51658767

>>51650984
You are very sophisticated.

>> No.51658816

>>51658377
Eth can't be a store of value. Ethereum's value is being gas. If there's less activity on the network, the price of eth goes down. I'm not against eth but It's not meant to compete with btc. It will lose.

>> No.51659646

>>51658816
>If there's less activity on the network
With privacy enabled on Ethereum through smart contract protocols, I don't expect it to remain like that for long.

>> No.51659676

>>51651108
>play by the rules we invented goy and never question

>> No.51659725
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51659725

>>51657845
Well, instant cross-border payments is one. Although, the security of transaction details is questionable as a result of the pseudonymous nature of the blockchain. Anything can be easily tracked, even by people who intends to exploit uses.

>> No.51659768

>>51650964
Its ironic, crypto is the biggest normie thing you can imagine, its at the same tier as tiktok. Yeah my sheckles might have lost 5% in buying power but at least by le future currency didnt dump 90%.

I know you guys feel like elite for not knowing what money is, nor how the world works. Yeah you will call me a retard, and yes ct will go absolutely bananas when the first ever store starts accepting bitcoin as a form of payment, pretending to prove me wrong.

Crypto is full of children, manchilds and jewish shills, dont feel smart for parroting your masters and overusing the word 'normies'.

>> No.51659835

>>51659725
>instant
Have you seen what a massacre of payment system it was in salvador? People only used it to spend their government gibs but holy shit, it took 30m-1h for transaction to go through. While we have visa which is instant having over 1000x the traffic and consume 1/10000 of the power.

>> No.51660529

>>51659835
The only thing that may be potentially slowing down payments and transactions is rigid authorization demand; a similar factor that drags traditional finance.

>> No.51660614

>>51658291
1 BTC still worth 1 BTC.

>> No.51660624

>>51657791
There is no yardstick to measure or gauge security levels. Although, some protocols such as ORE evidently improves security standards by giving users a single point of control

>> No.51660633

>>51650964
Plebbit tier take. Those who have shifted to the $ will shift to the next currency offering the best returns when the time comes. Currency traders, banks and funds don't hodl like degen crypto niggers.

>> No.51660802

>>51660614
And 1 Charizard = 1 Charizard but you're not paying the mortgage with it

>> No.51660852
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51660852

Ask El Salvador how adopting bitcoin is going thus far. Lmfao

>> No.51660923

>>51651186
lol normie NPCs arent "shilling" bitcoin. you're just witnessing the symptom of a winning currency - normal people fucking like it. you are the retard.

>> No.51660969

>>51650964
>there are people on this board that bought bitcoin at 60k
lol. lmao.

>> No.51661221

>>51650984
>>51651167
>>51652931
>>51652951
>PIECES OF COLORED PAPER WITH NUMBERS ON THEM HAVE INTRINSIC VALUE GUYS!!!!

>> No.51662074
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51662074

>>51659646
>With privacy enabled on Ethereum
>Railgun
Won't be surprised to see anonymous transactions become the new normal.

>> No.51662119
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51662119

>>51657791
This is one of the reasons why I am more comfortable using privacy solutions that do no use bridges are the most secured. That's probably one of the most common point of exploits

>> No.51662148

>>51660529
Another reason why authorization has to be made a lot simpler and easier considering how complex the blockchain is at its most basic level, even for normies who are not retards

>> No.51662477

>>51659725
There are already tools in place enabling shielding of wallets on the ledger, even with multi-chain composability