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/biz/ - Business & Finance

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54044864 No.54044864 [Reply] [Original]

>why and what was btc created for?
I hope you all are loading up on btc, it's going to launch so fucking hard when this banking crisis goes global.

>> No.54044906

Wrong, sell everything and buy physical USD banknotes to cover expenses, and physical gold to survive with.

Everything else, from stocks, bonds, cryptos and yes silver is trash at least relatively speaking.

>> No.54044911

>>54044864
There won't be a pivot. BTC will hit a low of $7000.

>> No.54044923

>>54044911
Where did I say there would be a pivot, dollar is fucked

>> No.54044945

BTC cant replace the banks because payments cost too much in fees and its too slow.

XRP is the replacement for the banking system. Instant settlement for super tiny fees.

>> No.54044961

How many times do you need to be told by everybody that XRP is the bankers coin?

>> No.54044980

>>54044864
whats going to go up is gold and silver
nobody trusts BTC except a bunch of retarded internet weirdos

>> No.54045024

>>54044980
Those can't be used for international or long distance payments, btc will be used as a stop gap

>> No.54045106

>>54045024
Gold is used for international payments today. Banks actually put gold bars on planes and fly it between each other.

Yes, its slow and expensive. Which is why they are setting up the banking system to use XRP instead.

>> No.54045238

>>54044923
Dollar is not fucked, precisely because there won't be a pivot, there will be a recession and a banking crisis to save the USD. 1980s redux.

>> No.54045250

>>54044864
But then I can just keeep my eth since eths growth is dependant on btc.

>> No.54045253

>>54045238
They dont wanna save USD, they wanna replace it with a CBDC

>> No.54045306

>>54045106
There is a debt crisis among banks today, no way are the fucking touching my gold

>> No.54045502

>>54045253
this

>> No.54045533

>>54045253
If that was the case they'd be pivoting. Much easier to give free checks to everyone and then blame the inflation on the evil right wing white businessmen.