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53856465 No.53856465 [Reply] [Original]

Bitcoin has revealed the greatest capital misallocation in human history. If you hold traditional finance products, you are fucked.

"You want to invest your money and watch it grow" - Its a saying as old as time, but why? Why do I want my money to grow?

What is the single biggest driver of investment? Inflation.

Since the abandonment of the gold standard, investments no longer occur naturally, out of a mutually beneficial interest in a company who you believe to generate return on your capital in excess of the cash rate. Investments are now a requirement for every single person. If you choose to not invest, you will watch the capital you have worked so hard to accrue evaporate from inflation over time. The entire population is in a race to avoid inflation by throwing every cent spare into the markets.

So what happens to the price of stocks if inflation ceased? They crash. hard. harder than you could ever imagine. There is no longer a requirement for you to invest and expose yourself to risk. You could hold your cash knowing it retains its value, risk-free.

This is race to avoid inflation is the greatest capital misallocation in history, and there was never an alternate option until now. Until Bitcoin.

Those of you left in the traditional capital markets will be wiped out almost completely. You hold stocks nobody truly wants, but is forced to hold lest their capital evaporates.

You are all buying the absolute top of the absolute top of the absolutely top of the greatest fucking mistake human finance has ever created.

Buy and hold BTC. Do not be the last people holding these bags when the big players move across to the BTC standard.

>> No.53856475

stfu nigger

>> No.53856614

>>53856465
>2022
>peak USD inflation reached
>BTC drops 78% of its value from ATH

>> No.53856666
File: 36 KB, 1217x791, 1677303769307256.png [View same] [iqdb] [saucenao] [google]
53856666

>>53856614
BTC is not an inflation hedge, it is the solution to inflation

>> No.53856724

>>53856465
>hold btc to fight inflation! (with OP image of gold coins)

just buy gold/silver if youre afraid of inflation

>> No.53856750

>>53856724
I hold BTC to exit myself from a monetary system where inflation is allowed to exist and enter one where it does not.

Gold is not BTC

>> No.53856961
File: 111 KB, 840x444, 0_bjre3oq7JyN6cA-s.png [View same] [iqdb] [saucenao] [google]
53856961

>> No.53857037

Btc prints 23 million a day and gets less then 500k in fees. Eth is deflationary and used

>> No.53857045

>>53857037
w...what? this is what shitcoining does to your brain

>> No.53857078

>>53856750
yeah, in 20 years people will still be willing to pay you for gold
your gay OP is wrong and retarded, see >>53856475

>> No.53858402

>>53857078
BTC is not a replacement for Gold. For all the reasons gold is desirable other than vanity and an input for production, BTC fulfills these better

>> No.53858416

>>53856666
Checked

>> No.53858469

>>53856666
Checked, but I don't see how.

>> No.53858503

>>53856465
What happens when I lose my seed phrase? Is my muns safu?

>> No.53858530

>>53858469
The method by which the maximum supply of BTC is enforced is the how: Proof of Work.

The only value in BTC comes from its supply cap of 21m, and the way this supply cap is enforced.

>> No.53858551

>>53856465

Obvious copy-pasta from Michael Saylor

>> No.53858558

>>53858551
I wrote this. These are not all my original thoughts, this has been well known for awhile now.

>> No.53858601
File: 34 KB, 699x463, 1606612518897.jpg [View same] [iqdb] [saucenao] [google]
53858601

>>53856465
>This is race to avoid inflation is the greatest capital misallocation in history, and there was never an alternate option until now. Until Bitcoin
How is bitcorn any different than stocks? Stocks were the OG shitcoins : same empty promises, same scam system, same virtual nothingburger... just more regulated so jews could 100% control the outcome and the gov get their pound of flesh in the process.

BTC is the exact same thing : a cash vacuum to keep fiat away from the real economy and thus slow down inflation. Without all these digital mirages, ppl would quickly figure out there is FAR more cash than things to buy with it. The entire financial system is solely based on the elites hoping ppl's greed will suffice to force them to dump all their cash in digital mirages with the promise of greater returns later on.

The only smart solution to this to counteract by doing exactly what they don't want you to do : buy tangible goods. Silver and gold are the only smart decisions.

>> No.53858638

>>53858601
You are a poor representation of the precious metals community. As someone who believes in hard moneys like BTC and gold, you are embarrassing yourself and your kind.

>> No.53858754

>>53858601
silver and gold inflate too though. look at the price of silver 20 years ago. not only can they mine precious metals, they can create them in labs. and they seem to own enough of both that they can manipulate the market for them too.

the best tangible goods would be antiques. like furniture, old cars, things they can't make anymore. you need furniture anyway, so instead of buying a bureau from ikea that loses its value over time, buy an antique bureau for $10k. no matter how much they inflate the currency, they can never inflate the number of bureaus made in that year by that maker.

>> No.53858770

>>53858754
not only does gold and silver inflate, but future rate of inflation is unknown.

BTC's inflation until the final Sat is mined in 2140 can be accurately estimated from today, and market participants can accurately and confidently incorporate this information into their decision making.

This is not a meaningless benefit. This has astounding impacts on the efficiency of an economy

>> No.53858786

>>53856614
>calling price increases inflation>>53856614

>> No.53858829

>faggot posting his faggot thread from yesterday like a faggot
kys faggot

>> No.53858846

>>53858829
you should be thanking me

>> No.53858864

>>53858846

This is an issue that I've been struggling with for a while - I don't know where to put money in at this point.

I have about 40k in crypto right now
I have about 30k in stock market
I have about 10k in physical assets

My best guess right now is that I should just stack cash and hold it until BTC crashes to 15k~ and just market buy 30k worth to try and get 2 BTC. I'm obviously not bullish on the dollar for this decade, but I am bearish on crypto/stocks right now and think we will crash when the stock market does.

What do you think?

>> No.53858940
File: 2.84 MB, 512x480, A36CF2CD-8309-49B1-9476-86BE8B681887.gif [View same] [iqdb] [saucenao] [google]
53858940

>BITCORN IS FOOKED MATE IM NOT BUYING UNTIL 10/15K ORITE ?

>> No.53858944

>>53858864
I say this not trying to meme you into buying high but BTC is not going back down to 15k so you should probably start DCAing.

>> No.53858963

>>53858944

Why do you think that? The stock market is going to crash later this year and at this point BTC still follows the stock market, it hasn't decoupled yet.

>> No.53859010

>>53857037
Eth is a fed captured shitcoin. ~70% of validators enforce censorship against "bad" wallets.

>> No.53859027

All these years and I still can't use bitcoin to buy my groceries.

>> No.53859175
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53859175

>>53856465
>Bitcoin has revealed the greatest capital misallocation in human history.
Yes, crypto is the greatest and most wasteful misallocation of capital in human history. I'm glad you understand.

>> No.53859253

>>53859027
by the sounds of it, you haven't even tried.
>>53859175
the wider crypto ecosystem other than Bitcoin is absolutely a misallocation

>> No.53859261

>>53856465
a fellow realizer. Most dont see btc as more than getting more fiat, but soon they too will understand

>> No.53859267

>>53859261
It's a good day for orange IDs my friend

>> No.53859279

>>53859027
get a crypto credit card and beyond that you will have literal banks for crypto. You may think then why switch to crypto until you realize more

>> No.53859296

>>53858864
Put your spare cash into 1 month tbills til it hits the fan. Worst case scenario you're wrong and have 0.0041x more dollars

>> No.53859490
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53859490

>>53858944
>>53858864
Lol i cant belive ppl still think they're buying btc at 12k or w/e, cryptocapo has done so much damage

>>53859175
You're right, but bitcoin is not crypto


>>53856465
I don't understand how does ppl not get this, basic research and logic gives you this conclusion. Bitcoin will eat everything, we'll probably get to about 800T marketcap without hyperinflation, if there's hyperinflation there's no top. Does it really matter if u buy at 23k, 12k, or 35k? if u can hold for a decade you're good to go with any amount

>> No.53859921

>>53859490
ygmi