/biz/ - Business & Finance

[Anonymous No.54436425]

Why are amerilards like this?

[Anonymous No.54436426]

[Anonymous No.54436524]

Because number went down, so they use it as a punching bag not realizing its still 4x higher than before the printers were turned on in 2020. Then ironically one of their criticisms is people buy it because its price goes up. No shit.

And most of the bullshit about "relearning economic principles" is stupid shit like Celsius or FTX which isn't even crypto, its just centralized, fake-banks that have more in common with trad finance not crypto.

[Anonymous No.54436581]

>>54436425
Their entire argument boils down to
>muh volatility
>muh numba gongo down
fucking retards

[Anonymous No.54436598]

Because crypto is a threat to money printed out of thin air (aka fiat (ticker: usd))

[Anonymous No.54436675]

>>54436425
It's not fud if it's true.

>>54436524
>>54436581
You clearly didn't read it.

[Anonymous No.54436695]

>>54436425
Americans really are that terrified huh? Crazy shit.

[Anonymous No.54436696]

>>54436425
because 95% of the crypto and other digital asset market is scams and regulators are probably getting tired of constant whining from easy marks about all of the money they lose in obvious rugpull scams

[Anonymous No.54436715]

>>54436598
not really, they'd be able to utilize it if they were smarter and hadn't pissed off the worlds major superpowers

[Anonymous No.54436728]

>>54436425
coming to collect

[Anonymous No.54436758]

>>54436728
the 5 pointed star is an altar where sacrifice is made

[Anonymous No.54436766]

>>54436728

[Anonymous No.54436779]

>>54436425
it's true though. why do some people defend scam exchanges and projects so vehemently?

also gongo

[Anonymous No.54436784]

>>54436425
Fred has been kind of off the radar missing recently. Has he been doing non-crypto stuff or just quiet?

[Anonymous No.54436811]

>>54436425
What's incorrect here? I must say though that 251 is correct but stupid because the reverse is also true:
>Sovereign money generally does not perform all the functions of crypto currencies as effectively as crypto assets, such as bitcoin

[Anonymous No.54436950]

These are true statements couched with qualifying language. "Mostly", "generally", "can be". It's absolutely true crypto assets are "mostly" speculative investment vehicles, or that they "generally" underperform as money compared to cash. Everyone knows most crypto projects are scammy bullshit, and everyone here only cares about the tech insofar as to make a decent wedge off of it.

There are about 10 layer 1 projects with genuine and competent development behind them with real potential, and maybe 200 legitimate subprojects building on top of them. The rest are outright scams. Most tokens are unregistered securities, most DAOs are wholly controlled by the issuing team, most on chain voting is totally rigged. Etc. Etc. Crypto is by and large, a big mess. Getting upset the government has the temerity to notice this is frankly fucking ridiculous.

[Anonymous No.54436990]

>>54436425
the only reason to invest in the stock market is to speculate

[Anonymous No.54437060]

Don't worry Americans it's all under control
>HAHAHAHAHAHAHA!

[Anonymous No.54437164]

>>54436950
Except the examples they love to reference, like FTX, are centralized entities, traditional financial institutions, not crypto. And if a centralized entity calls itself a DAO, that doesn't make it one. You're criticizing the original because knock offs exist.

Also, government money includes the venuzualian bulivar and the zimbabwean dollar. So if you want to include shitcoins you have to include shit fiat too. Or if you want to compare apples to apples, btc vs usd, zoom out and tell me which one is "underperforming"

[Anonymous No.54437288]

>>54436696
The federal government has no moral standing with payday loans places running rampant in ghettos.
They want to protect low IQ retards that is the first thing heavily regulated and shutdown.
Targeting crypto is specifically aimed at white and some asian males.

[Anonymous No.54437352]

>>54436425
the only fud I respect is from gold and silver pmg niggers. They at least know what inflation is.

[Anonymous No.54437947]

The answer is that the democratic party has a vested interest in impoverishing people.

[Anonymous No.54437962]

>>54436524
>4x
Bitcoin bottomed at 3k it's 9 times higher.

[Anonymous No.54439045]

>>54436696
>Regulators
Here's a tale of two Ponzi schemes.
>the original Ponzi
In the days before there was any regulation Charles Ponzi set up a fraudulent scheme in January 1920. A handful of journalists, lawyers and politicians got together in an informal basis and managed to shut it down in 6 months.
>Bernie Madoff
The SEC was set up and staffed by professionals with the job of uncovering fraud and helping the public. In the 1980s Bernie Madoff sets up a fraudulent scheme. It runs for years and years despite the SEC getting lots of evidence that it was a scam. Finally in 2008 it collapses on itself. Despite there being an actual apparatus to uncover fraud, the scheme lasted for 25 years.
There is a lesson somewhere in there

[Anonymous No.54440802]

>~15 pages
i bet theres a lot of convincing decisive info in there

[Anonymous No.54440815]

>>54436425
They've been thoroughly brainwashed

[Anonymous No.54440844]

Wait.. what happened to NFTs ?

[Anonymous No.54440862]

>>54436425
This is what happens when people vote in a demoncrat
Also the demons see crypto as a threat to the dollar, but the niggers really should be hedging considering the dollar is dying

[Anonymous No.54443136]

>>54440844
We won

[Anonymous No.54443223]

The democrats are actively destroying america and the neocons would gleefully do it too. John Bolton is shitting his pants because trumo might 'become stronger' if he only has to pay a fine to new york for non-crimes, because john really loves that brandon wants to start ww3. These people and their servants should be conscripted to go fight or le based ukraine, while I get rich off my Litecoin.

[Anonymous No.54443382]

>>54436425
2021 price was $0.72
inflation 33.3%
2022 price was $0.96
inflation 22.9%
2023 price is now $1.18

[Anonymous No.54443448]

>>54443382
Dont worry goyim inflation is only 8%

[Anonymous No.54443549]

>sovereign money such as US dollar
Ohnonononono
They afraid