/biz/ - Business & Finance

[Anonymous No.54513842]

>here's your coffee sir, that'll be $4.95 please
>yeah cool i'll pay with one of these gold bars, thanks
>um, sir, we can't accept your gold bar as payment
>but... wait, what do you mean? they told me gold is real money!?

[Anonymous No.54513846]

LMFAO

HEY GOOD ONE ANON

HOW'D YOU COME UP WITH THAT HAHAHAHAHAHAHAHAHAHAGAGAGAGAH

[Anonymous No.54513857]

I don't know what the bar is worth, but I'll exchange one for a coffee. In fact, I'll give you 12 cups of coffee for all 8 bars.

[sage No.54513861]

>>54513842
zzz

[Anonymous No.54513863]

>>54513842
>i posted it again
As if a goldchad would waste 4.95 on coffee at some faggot coffee shop in the first place

[Anonymous No.54513871]

>>54513842
>He isn't buying shipping containers of coffee directly from Columbian plantation owners with gold bars
Poorfags, man

[Anonymous No.54513873]

>>54513842
Just pay with a few bitcoins instead.

[Anonymous No.54513885]

>expecting normies to understand the value of precious metals or crypto before fiat has completely collapsed
Also, silver is for buying coffee, dumbass.

[Anonymous No.54513899]

>>54513842
how do we know your gold has solid cores sir?

[Anonymous No.54513901]

>>54513885
I have monero's for buying coffee.

[Anonymous No.54513918]

>>54513899
>what are you trying to say?? no gold i buy is counterf-ACK

[Anonymous No.54513975]

>>54513918
Looks like a solid core to me.

[Anonymous No.54514040]

Buy cars and houses with gold.

Buy TVs and furniture with silver

Buy coffee and bagel with copper

Simple as

[Anonymous No.54514050]

>>54513918
thats completely normal anon

[Anonymous No.54514057]

>>54513842

I have a bar of gold handy in the event that I want to knock someone unconscious in the most fabulous way possible

[Anonymous No.54514069]

>>54513901
Based
>>54513885
Based
>>54513842
Faggot

[Anonymous No.54514077]

Crypto nerds keep seething

[Anonymous No.54514117]

>>54513842
>here's your coffee sir, that'll be $4.95 please
>yeah cool i'll pay with some square footage of my house since its about $4.95 a foot, thanks
>um, sir, we can't accept your square footage of your hosue as payment
>but... wait, what do you mean? they told me my hosue worth is real money!?

[Anonymous No.54514144]

>>54514117
lol

[Anonymous No.54514500]

>>54514069
>silver king
>2000 oz
>25*2000=$50k
burger king

[Anonymous No.54514671]

>>54513842
you could buy out that whole coffee shop with that amount of gold, just speak with the CEO

[Anonymous No.54515049]

>>54513842
That's what goldbacks are for.

[Anonymous No.54515162]

>>54514117
kek

[Anonymous No.54515182]

https://www.bloomberg.com/news/articles/2021-10-20/venezuelans-break-off-flakes-of-gold-to-pay-for-meals-haircuts

Educate yourself moran.
Any vendor will accept flakes of gold over fiat issued toilet paper

[Anonymous No.54516094]

>>54513846
>>54513861
>>54513863
>>54513885
>>54514077
>admits OP made a good point by being totally unable to counter it
How typical.

[Anonymous No.54516110]

>>54513842
why wouldn't you pay with a mercury dime?

[Anonymous No.54516207]

>>54513842
when go(l)d time has come, there's no need for coffee. that's for sure.

[Anonymous No.54516249]

>>54515182

This lmao. There's not a single point in the 6000+ years of human civilization that gold hasn't been of value to the general populace. Short of some pie-in-the-sky post-scarcity society, I don't see this changing anytime soon.

[Anonymous No.54516863]

>>54516249
Try paying with a gold coin in any supermarket today, try buying anything and see how that goes. The cashiers will call security/police if you insist on not paying with fiat.

[Anonymous No.54516923]

>>54513842
>pay with jellybeans
>"and there's more where that came from"
if someday I can make a fortune with dext big enough to pay a fine for not paying for my meal at a restaurant and not have it be a problem, I'll be happy

[Anonymous No.54516950]

i'll buy you a bar from jm bullion if you can prove to me that gold is worthless.

[Anonymous No.54516953]

>>54513842
>be barista
>"coming right up, sir!"
>pocket gold bar
>put $5 of your own money in the register
>profit???

[Anonymous No.54516983]

>>54513918
Still more valuable than paper

[Anonymous No.54517017]

>>54516863

That'd be a pretty stupid thing to do when the wagie could take your $500 gold coin, put $100 out of their wallet in the register to pay for your groceries, and then net $400.

You do bring up the only downside to physical gold as a currency, though, which is the relative lack of divisibility. When society loses faith in those fiat bills, though, precious metals have always been the fallback.

[Anonymous No.54517057]

>>54514050
why not just use a simple ohmeter?

[Anonymous No.54517456]

>>54517057
using an ohmeter is not simple, especially on a tiny bar

[Anonymous No.54519218]

>>54513857
sneaky boomer detected

[Anonymous No.54519242]

Whoever told you that gold is real money trolled you and you were retarded enough to believe it and create a greentext about it. The fool is you.

[Anonymous No.54519274]

>>54513842
Gold has always been big boy money.
They also wouldn't take $100k and $10k bills at the coffee shop.

You might buy cars, land and servants with it but not coffee. lol

[Anonymous No.54519307]

>>54519274
This bill is like 5000oz of gold (5,000 1oz 20 dollar coins) or 10 million 2023 burger bucks.

[Anonymous No.54519368]

>>54513842
5$ coffee ? adjust your copy pasta for 2020 inflation

[Anonymous No.54519373]

>>54513842
>Buy crypto
>Goes up 20% overnight

>Buy gold
>Sell it for 20% less than you paid

[Anonymous No.54519418]

>>54513863
this

[Anonymous No.54519511]

>>54517456
>Tone/zero the leads and meter out
>put both leads on the bar and read the numbers

Am I missing something? T. Electrician

Also captcha is crypto users other than BTC and XRP/XMR

[Anonymous No.54519674]

>>54516094
>good point
Ok here's a point
1pbtid

[Anonymous No.54520006]

>>54513918
Nice, you got chocolate. Tastes a lot better than gold.

[Anonymous No.54520062]

>>54519274
>this is to certify that there is on deposit in the treasury
>unironically illegal to own by citizen

[Anonymous No.54520184]

>>54513842
who would seriously refuse a fucking GOLD BAR for a coffee dude? Bad example.

[Anonymous No.54520195]

>>54520062
Thanks for playing

[Anonymous No.54520823]

>>54514069
another retarded and worthless production of a braindamaged mind.
all values are underestimated by factor 100 minimum.

[Anonymous No.54520866]

>>54515182
>educate yourself
post gooyberg
lmao

[Anonymous No.54520904]

>>54513842
If I were the cashier, I'd take the gold bar and pay his $4.95 so the cash register is made whole.

[Anonymous No.54521253]

>>54519511
skin effect, and you're going to have gunk on the contacts.
Just use a magnet, all these guys use tungsten for it, because it's really close atomic weight, so if you're using the most shit scale on the planet it doesn't come up when you check the density.

fake gold like this is mostly fud and really really easy to catch there's a pile of ways to test it.

[Anonymous No.54521620]

>>54514117

[Anonymous No.54521831]

>>54513842
fractional goldbacks?

[Anonymous No.54521841]

>>54521253
skin effect only applies to AC voltages

[Anonymous No.54523705]

>>54513842
>>54513846
>>54516094
if I sold coffee and someone offered me ANY amount of gold, I'd accept it and pour another one.
>make that trade any day

[Anonymous No.54523714]

>>54521831
what went wrong?
https://wtfhappenedin1971.com/

[Anonymous No.54523774]

>>54520904
why? gold is worthless? then youre stuck with the worthless hunk of metal! AAAAAAHHHHH

[Anonymous No.54523885]

>>54514500
>still values it on fiat currency
ngmi

[Anonymous No.54523927]

>mfw we end up going back to scales measuring grams of Au for coffee beans

[Anonymous No.54523950]

>>54513918
this is why you don't buy bars, stick to coins, preferrably smaller fractionals as they are harder to counterfeit, and the counterfeits that do exist are painfully obvious they're fake

[Anonymous No.54524080]

>>54516094
But it's not even a strawman it's a hayfield. If cash is still usable PM holders would have cash on hand or the means to acquire by selling. If cash isn't usable you wouldn't trade thousands of dollars for a coffee, I'd give a silver dime or nickel which, if economy was at a point where cash is failing, would likely be recognized as a decent medium of exchange and due to small size unlikely to be faked.

[Anonymous No.54524257]

>>54514117
top kek

[Anonymous No.54524284]

>>54513842
>try to buy starbucks with gold bars
>faggot wagie, probably no more than 120 pounds squeaks "um sir, I can't accept these"
>"fine"
>hand wagie $15
>put gold bars into a large sock
>leave and wait by dumpster for him to take the trash out at the end of his shift
>beat the wagie with said sock until unconscious
>filet his skin and wear it
>go back into Starbucks, now behind the counter
>"I'm the wagie now"

[Anonymous No.54524314]

>>54524284
Bad end

[Anonymous No.54524923]

>>54516094
I will give you a cup of coffee for free the next 30 days for that gold bar

[Anonymous No.54525069]

>>54516094
Even 150 years ago, they minted coins of around 1/10th of an ounce and had them in circulation.
That´s just $200.

They went down to 1 gram, less than 1/30th of an ounce for silver and bronze rounds.

I bet you could get down to half a gram with current minting tech.

In order to beat the issues of bimetallism I would suggest to not use silver coins and gold coins but to use coinage with the same gold/silver alloy.
Say 85% silver, 5% gold and 10% copper or smth.

So half a gram of an alloy of that composition would contain 0.013664 oz silver and 0.00080377 oz gold for a market value of $1.95

You´d need two of them for a coffee.