/biz/ - Business & Finance

[Anonymous No.55257750]

>BTC IS ALL THAT MATTERS

Oh boy, I would love to 3x my money in 5 years!

lmao you will barely outrun inflation

[Anonymous No.55257763]

>>55257750
>3x
x10 is conservative in the next bullrun

[Anonymous No.55257780]

>>55257750
From 16k to 160k, that's 10x

[Anonymous No.55257789]

>>55257763
Get a load of this moonboy

[Anonymous No.55257794]

>>55257750
Research the Bitcoin 4 year halfing cycle - I expect to be rich in the spring of 2025.

[Anonymous No.55258046]

>>55257763
>>55257780
delusional

where is this money coming from

[Anonymous No.55258056]

no more shady bullruns

[Anonymous No.55258058]

>>55258046
not him, but the American tech rally hit 26 trillion adjusted for inflation, and that was exclusively America, crypto is global

[Anonymous No.55258066]

nobody cares, you're too late to crypto anyway

[Anonymous No.55258432]

>>55258066
Retard. Late implies central banks will stop printing fiat. They won't.

[Anonymous No.55258701]

>>55257750
Finally time to take out the trashies

[Anonymous No.55258783]

I'd rather 3x in 5 years than 0x in 5 years

[Anonymous No.55258798]

>>55258432
retard, BTC is literally printing coins non-stop on GPUs

[Anonymous No.55258820]

>>55258798
That's like saying gold is printed. There are big costs attached to mining.

[Anonymous No.55258833]

>>55258058
do you seriously think none of that money was from foreigners?

[Anonymous No.55258836]

>>55257794
>Dooooode!! Muh halvening!!
You will never see ATH again. You literally missed the generational ATH pumped into outer space by unlimited fiat printing and global coordinated shilling mania. No the world is not going to adopt this 7tps surveillance coin, not even with shitty lightning IOU scaling solutions.
/thread

[Anonymous No.55258859]

>>55258836
Preach

[Anonymous No.55259392]

>>55257750
500 billion from shitcoins first
Then the only crypto relevant

[Anonymous No.55260101]

>>55257750
>Losing all when the shitcoin rats drown
Vs.
>The only relevant crypto currency
Easy choice

[Anonymous No.55260125]

If you buy BTC now you're guaranteed to lose 30-75x over the next couple years once Bitfinex gets the hammer.

[Anonymous No.55260156]

>>55260125
It's going to be a shift from usdt and other toxic us treasury backed "stables" to btc as the underlying currency, as it should be

[Anonymous No.55260165]

>>55257750
thats why I sold all my shitcoins, sold my king shitcoin, went all in tesla. boomer stocks stay winning.

[Anonymous No.55260184]

>>55260156
Bitcoin isn't a currency tho. It's a speculative asset at best with nearly nonexistent non-illicit utility.

[Anonymous No.55260185]

>>55260165
Boomer stocks perform like total shit in a stagflation and the bottom isn't in /smg/ rat

[Anonymous No.55260194]

>>55260184
It's a more legit currency than the debt backed greenback that nobody wants to take the debt risk, not even the Saudis for a discount

[Anonymous No.55260214]

>>55260185
>boomer stocks at ath
>shitcoin down 50%+
cope faggot

[Anonymous No.55260217]

>>55258058
Yeah but those were real companies, this is a shitshow with fiat onramps about to be banned.

>>55260185
Yeah where is the great depresion at? the SP500 is going to ATH and we didn't even revisit pre pandemic levels. Gloom and doomers just make you lose money by being out of the market waiting for a mega opportunity.

[Anonymous No.55260230]

>>55257780
from 16k to 240k is 15X

[Anonymous No.55260231]

>>55260194
Imagine being this delusional

[Anonymous No.55260279]

>>55258046
There doesn't need to be much money coming in, we just all decide to not sell below $160k. Well' even then i'm not selling.

[Anonymous No.55260289]

>>55260279
Me neither

[Anonymous No.55260300]

>>55258820
no, gold is limited

[Anonymous No.55260309]

>>55260156
i heckin' hate crypto exchanges, how did this happen? it was supposed to be all p2p, not NWO banks

[Anonymous No.55260313]

>>55260300
BTC is capped at 21 million coins.

[Anonymous No.55261196]

>>55258046
There is no need of "nEw MoNeY", you just gotta hodl, scarcity will do it's thing

[Anonymous No.55261209]

>>55260313
or 2.1*10^15 sats
with at least 1*10^15 sats that are oput of circulation because satoshi destroyed the private keys

[Anonymous No.55261218]

>>55257750
bitcoin is parasitic by nature

[Anonymous No.55261259]

>>55261218
no. Its innovation
btc has driven more innovation in effective energy usage than any debt financed fiat debt cult with enslaving random people with debt through subsidies ever could
Fiat is the parasite of the jew

[Anonymous No.55261267]

>>55261218
Investing your own money in something that can appreciate in value is by nature not parasitic.

[Anonymous No.55261293]

>>55257763
It didn't even reach a 3x in this pathetic run, what makes you think it will get better, other than the fact that your are a retarded moon boy?

[Anonymous No.55261303]

>>55261259
lmao that's not even close to be truth, bitcoin is literally the most inefficient way to move energy from one place to the other. Also, you are going to get raped by taxes worldwide, so stop dreaming and get a real job.

[Anonymous No.55261309]

>>55261259
>>55261267
the problem with deflationary currency is that it incentivizes people to hoard it, whereas inflationary currency incentivizes people to lend and invest their money towards economically productive activities.

[Anonymous No.55261342]

>>55261259
>>55261267
You're accumulating wealth simply by owning something that's purely speculative and non-productive. It's not even a tangible asset. The definition of parasitic.

[Anonymous No.55261344]

>>55261309
Oh how can we ever recover when women don't buy the newest iphone and other unnecessary shit that nobody needs
Go kys Fiat cultist. You should read Faust and Spengler, maybe then you get it, there is no infinite, the mathematical sign of the next civilization is the probability not the infinite. Faust dies

[Anonymous No.55261356]

>>55261342
you have brain rot. stop talking, be QUITE

[Anonymous No.55261434]

>>55261342
Sounds commie-ish. Having capital is an important stage for productivity, you have to buy stuff to own stuff that produces stuff. We use stores of value or currencies for that, and those compete with each other.

[Anonymous No.55261517]

>>55257750
BTC will be the only one left standing. Alt-coins were merely distractions to filter midwits.

[Anonymous No.55261530]

>>55261344
debt built the empire state building and the hoover dam, and equity investment plus debt built the iphone and ever other tech company that has radically changed the world.
both the great depression and the 08 gfc (which many argue was the start of a second great depression we still haven’t recovered from) we’re deflationary events.

[Anonymous No.55261562]

>>55261530
>debt is good
>slave for debt goy
listen to yourself jew and jump back into the oven.
You can use btc as well as collateral for debt if you like, only that it isn't just distributing said debt onto your population and praying that some idiot like the Sauds buys your debt at a discount if you attack their enemies, like Operation desert storm 1, and 9/11 that lead to operation desert storm 2, and Afghanistan

[Anonymous No.55261601]

>>55261562
US government debt isn’t a big deal if interest rates stay lower than inflation. US treasuries pay a negative interest rate when adjusted for inflation. People have been freaking out about US government debt for like 100 years.

[Anonymous No.55261702]

>>55261601
>Just wait goy
>Nothing ever happens
If you don't know what I am talking about, you are not qualified to speak. Keep your brain rot to yourself, get as much btc as you can, get it off an exchange on an open source wallet, and never come here again spreading your behaviorism rotted brain

[Anonymous No.55261757]

>>55261702
you don’t get it. I agree btc is permanently trending upward against usd. I own some btc already. that’s not what I’m talking about at all.

[Anonymous No.55261772]

>>55258058
el salvador will surely save us

[Anonymous No.55261774]

>>55261757
>People have been freaking out about US government debt for like 100 years.
>chill bro
>I am like you I have token
fuck off!

[Anonymous No.55261782]

>>55257750
> Oh boy, I would love to 3x my money in 5 years!

All ((you)) shitcoin idiots can think about is your 100x moon shot with your 1000$

Read bitcoin whitepaper.

Remember the point and why we started

Hint: it wasnt to pay an overseas centralized jeet team to build software. Thats what stocks are for

[Anonymous No.55261806]

>>55260214
pepe went up like 1000% in a week
the problem is you retards don't know when to sell and just expect to hold everything for 50 years

[Anonymous No.55261826]

>>55261806
>Just time the market bros
Holy shit you're retarded.

[Anonymous No.55261831]

It's a good thing we have the internet now to occupy all the unhinged libertarian doomers' time with pointless squabbling about their digital Monopoly money instead of making plans to bomb a federal building

[Anonymous No.55261845]

>>55257750
>He thinks bitcoin will be 3x as much in 5 years
Kek, the party's over anon

[Anonymous No.55261846]

>you will barely outpace inflation
So, better than a bank?

[Anonymous No.55261847]

>>55261309
You can still inflate and lend Bitcoin. You just can’t print it and throw it at whatever and whoever you want to bribe them

[Anonymous No.55262289]

>>55261847
you can’t inflate bitcoin. you can lend it, but why would I risk losing my btc in a default when I could just hold it and watch my wealth increase risk free?

[Anonymous No.55262320]

>>55258836
this. 60k BTC was achieved mainly by sam bankman leveraging imaginary tokens with imaginary fiat from the bank of Yahweh Loves You then funnelled into god knows where, definitely not back into BTC because it isn't worth anything lol

[Anonymous No.55262323]

>>55258836
>muh altcoin X is Bitcoin 2.0
midwit

[Anonymous No.55262333]

>>55262320
That actually stopped from hitting 150k you fucking idiot

[Anonymous No.55262347]

Reminder that Bitcoin's price action is fake and gay and that you're not going to make it.

[Anonymous No.55262375]

>>55262320
lol if btc never reaches ath all of crypto is dead. what makes you think your shitcoin will ever make it if the king is dead?

>https://99bitcoins.com/bitcoin-obituaries/
by the way

>>55262333
they are clueless. they think ftx pumped BTC LMAO

[Anonymous No.55262546]

>>55262347
Sources fake news media

[Anonymous No.55262619]

>>55257750
>absolute piece of shit nobody uses for its intended purpose
>"guys I figured it all out, it's the only thing that matters now please buy my bags so I can 3x my money fast ok?"

[Anonymous No.55262669]

>>55257750
Not quite
international energy trade is all that matters but as btc is going to be the currency settling those trades, yes

[Anonymous No.55262688]

>>55262333
>>55262375
>BTC never recovers to any ATH since bankman's arrest
>BTC is exactly where it was now, a shit-eating crab, before FTX stepped in
lol delusional maxi cultisits never cease to amaze me. FTX was the catalyst for VCs worldwide to add fuel to the fire only to get rekt by sam in the end

[Anonymous No.55262745]

>>55261530
wrong, the majority of world changing tech happened under hard money regimes, you're a cultist retard and dont know what youre talking about. Keynes was wrong faggot

[Anonymous No.55262798]

>>55262546
>Sources fake news media

Yes, the global media elite have joined forces with academia just to FUD Bitcoin!

[Anonymous No.55262886]

>>55262745
>hard money regimes
no such thing. when there is demand for money, it will be met with supply one way or another. in ye olde times it meant putting less silver in your coins, in more recent times it meant printing more paper than you had gold to back it.
Keynes was wrong about almost everything, and I am a bitcoin maximalist and an anarchist, not an apologist the state or the current system.

[Anonymous No.55262909]

>>55262886
AHAHAHAHAHAHAHA
the state department, incompetency paid by your slavery

[Anonymous No.55262912]

>>55262798

Yeah everyone who makes their money sucking on the money printer will do that

[Anonymous No.55262915]

>>55262886
>a bitcoin maximalist and an anarchist

You mean an anarcho-capitalist

[Anonymous No.55262920]

>>55261774
>fuck off!
you’re just mad your ID is gay kek
>>55262289
I’m responding to my own post because I’ve thought about it, and I now thing a hyperbitcoinized economy would be inflationary and lead to economic growth, but not because hoarding btc is good. rather, if institutions and individuals can hold btc and see their purchasing power, in real terms, go up say 10% per year, then the only way banks can entice depositors is to offer a higher interest on deposits, which also means they would have to charge a higher interest rate to their borrowers. And, as Milton Friedman showed, higher interest rates are inflationary and stimulative and lead to economic growth, despite the fact that the government, academia, and the corporate press will tell you otherwise. This is called the interest rate fallacy, and it’s the reason a bitcoin standard will lead to massive economic growth and prosperity in the future.

[Anonymous No.55262931]

>>55262688

More like dumb fucking sports ball fans buying Ass Coin.

[Anonymous No.55262935]

>>55262915
no. anarchy is a philosophy that essentially means rules without rulers, and that’s what I believe, even in noneconomic applications.

[Anonymous No.55262947]

>>55262935
Right, and Bitcoin has no rulers, except for the devs, the miners, and the whales. Huh.

[Anonymous No.55262962]

>>55262947
they all have influence, and many have competing interests, but the difference between an owner and a ruler is that an owner only owns what he owns, and a ruler owns everything

[Anonymous No.55262976]

>>55262962
or maybe I should say an owner only controls what he owns, and a ruler controls everything

[Anonymous No.55263012]

>>55262962
>>55262976
And how's this any different from the current system with central banks, lawmakers, heads of state, and billionaire oligarchs each pulling in the direction of their respective interests?

[Anonymous No.55263035]

>>55263012

Decentralization that almost anyone can participate in.

Instead of 12 bankers in DC

Study the block size war and see how hard it is to change bitcoin. And its only getting harder every day.

[Anonymous No.55263042]

>>55262962

They don’t have competing interests. They have aligned interests to protect the protocol.

[Anonymous No.55263071]

>>55262886
dilution of the money supply in "ye olde times" directly corresponded with periods of decadence and decline, periods where hard money was upheld, the opposite is true.

[Anonymous No.55263109]

>>55257750
>a piece of code written by a reatard in 2008 that takes minutes to process transactions even with relatively low volume will overturn the global payment networks.

BTCucks are truly the lowest IQ bagholders

[Anonymous No.55263117]

>>55260165
>boomer stocks stay winning
yeah bro much better to buy into tsla and watch it x1.5 the next ten years...

[Anonymous No.55263137]

>>55263035
>Decentralization that almost anyone can participate in.

Except the degree to which you can participate and influence others is tied to how many digital Chuck E Cheese tokens you own, or how much fiat you can spend on a mining farm. Sounds pretty centralized to me.

Also devs have been debating recently about forking to get rid of BRC-20 meme coins and ordinals clogging up the blockchain. Seems they still wield quite a bit of influence over the entire system, no?

[Anonymous No.55263179]

>>55263137
There's no debate. People can do what they want if they're paying for the blockspace. This actually incentives running a node. Lightning transactions will grow more popular and the need for liquidity will grow with it.

[Anonymous No.55263189]

>>55263137
>Except the degree to which you can participate and influence others is tied to how many digital Chuck E Cheese tokens you own
no
BTC runs on electricity and hardware
no tokens like meth or other proof of jew networks

[Anonymous No.55263195]

Looking at multiple replies in this thread saying:

> Muh fiat on ramps to be banned!

First of all, not ALL fiat on ramps will be banned. Fidelity is opening a crypto exchange sometime in the future and that's a qualified custodian.

Second of all, if all fiat on ramps were to be banned, simply take your crypto overseas to redeem to that country's currency, then find a way to convert that currency back to USD (of course, all of it will be public record so you'll likely get taxed, but so what?)

[Anonymous No.55263206]

>>55263137
And how does anyone "participate" in controlling/influencing Fiat and Central banking?

And don't tell me voting.

[Anonymous No.55263214]

>>55257750
>3x my money in 5 years
you say that like it's bad much better than marrying a shitty altcoin and coping as it goes to zero

[Anonymous No.55263247]

>>55263189
>BTC runs on electricity and hardware

Right and power generators and NVIDIA GPUs are naturally abundant renewable resources with zero cost.

[Anonymous No.55263282]

>>55263206
I'm not defending the status quo, just asking how Bitcoin is supposed to be any better rather than creating a new aristocracy of insufferable maxis.

[Anonymous No.55263303]

>>55263247
No, but that ensures competition and security. If you want to compete you need to innovate in tech and efficient energy usage; that is what makes btc so beautiful; it cant be centralized and forces participants to act smart

[Anonymous No.55263305]

>>55263247
No one mines of GPUs anymore

>I'm not defending the status quo, just asking how Bitcoin is supposed to be any better rather than creating a new aristocracy of insufferable maxis.
It's already been answered many times. You just don't want to hear or understand.
I'm sure the premined shitcoins they can create out of thin air with no work required will definitely solve this problem though

[Anonymous No.55263340]

>>55263137
>Also devs have been debating recently about forking to get rid of BRC-20 meme coins and ordinals clogging up the blockchain. Seems they still wield quite a bit of influence over the entire system, no?

Faggots can say anything. Good luck getting nodes, miners and devs to agree on a fork

[Anonymous No.55263379]

>>55263137
>Except the degree to which you can participate and influence others is tied to how many digital Chuck E Cheese tokens you own, or how much fiat you can spend on a mining farm. Sounds pretty centralized to me.

Thats how proof of stake works.

Bitcoin is proof of work. The amount of bitcoin you own doesn’t give you any power over the network

[Anonymous No.55263392]

>>55263379
>proof of stake
lets keep calling it poj
proof of jewing

[Anonymous No.55263436]

>>55263303
The only people who can compete effectively are already well-capitalized with fiat money to invest in large-scale cost-effective mining farms. This is just the same old libertarian bullshit.

>>55263305
ASICs aren't a renewable resource either. Someone somewhere has to pay fiat money for them.

>>55263340
So then it's fine if fees and transaction times keep going up while PEPE and MILADY clog everything up? Does the need for L2 mean that Satoshi's immaculate whitepaper might actually be deeply irrevocably flawed?

[Anonymous No.55263457]

>>55260165
Quite certain this won't age well, but because you clowns have zero idea of how huge crypto industry will be in the coming years, you come to the board to spit trash.

[Anonymous No.55263673]

>>55263392
bravo

[Anonymous No.55263697]

>>55263436
So you are a communist that expects to get free healthcare and be part of the inner collective when the extreme radical left wing authoritarian size the means of production
It was always clear for anybody that thought further than his wallet that the end game is going to be nation states competing, and if we get lucky the human drive will make it that its one day planets competing

[Anonymous No.55263755]

>>55263436
>So then it's fine if fees and transaction times keep going up while PEPE and MILADY clog everything up? Does the need for L2 mean that Satoshi's immaculate whitepaper might actually be deeply irrevocably flawed?

Layer 1 fees will go up and miners will make more, it’s not a bad thing. It incentivizes layer 2 lightning network adoption.

Segwit happened, whether or not that means the white paper failed thats up to you.

Big blocks causes decreased decentralization.

[Anonymous No.55263864]

>>55263697
>So you are a communist that expects to get free healthcare and be part of the inner collective when the extreme radical left wing authoritarian size the means of production

Nope just an ordinary Western European who has always had free healthcare and supports the welfare state but shits on both Marxist-Leninists and fascists. Somehow we manage to get by in life without all the grifty cultic paranoia that permeates American culture.

>the end game is going to be nation states competing

We already did this 100 years ago. It didn't end well just FYI, though as a sheltered dipshit American you probably wouldn't know. You're so isolated that you have to worry more about your own cops and deranged incels (usually libertarians/Trump supporters) than an invading force.

[Anonymous No.55263877]

>>55257750
>>55261293
>>55258046
>>55257789
i bet it will 10x from bottom

[Anonymous No.55263895]

>>55263864
>We already did this 100 years ago
a fiat currency with deflationary bitcoin as its primary store of value will be superior to a fiat currency with inflation US treasuries as its primary store of value for reasons I discussed here
>>55262920

[Anonymous No.55263900]

>>55257794
>dooood check the 4 year halfing!!

[Anonymous No.55263953]

>>55263457
Beats my imagination how people keep fading bitcoin considering how it has outperformed all their shitty stocks and metals, and I am pretty sure other alts will do the same.

[Anonymous No.55264215]

>>55263953
Its like the cookie experiment
>If you hold the cookie you get more cookies
>Nigger: Eats the cookie instantly cries
>White kid: Keeps the cookie eats the cookie it receives later

[Anonymous No.55264248]

>>55263953
This is not even a surprise considering traditional investors are now getting enticed with what the decentralized marketplace has to offer which is why I am quite bullish on platforms like SpoolFi that intends to bridge the gap.

[Anonymous No.55264272]

>3x money
>Not outrunning inflation

What?

[Anonymous No.55264291]

>>55257750
BIP-300 and BIP-301 will save Bitcoin. If drivechain is adopted then we will see unprecedented all-time-highs for BTC. Otherwise Bitcoin is going to get flipped by ETH

[Anonymous No.55264328]

>>55263895
Spoiler: the developed world ran on the gold standard all through the first half of the 20th century. Some bad things happened economically during that time that you might have heard of.

[Anonymous No.55264336]

How about 5x your money in 7 years

[Anonymous No.55264461]

>>55258046
you are an absolute retard

[Anonymous No.55264498]

>>55264328
>Spoiler:
gay.
I am not saying we need a bitcoin standard in the sense of dollars being backed by bitcoin. I am saying in an economy where people can hold bitcoin safely and grow their wealth at a steady, reliable rate, interest rates will have to go up to entice depositors and therefore rates for borrowers will have to go up, and that will cause economic expansion and prosperity. it’s not a return to the gold standard but with bitcoin instead of gold, it’s the fiat system but with bitcoin instead of US treasuries.

[Anonymous No.55264519]

7, 14, 21k eh, ok i've bought shit before that depreciated in a year to 0 so I don't mind holding a slowly appreciating asset, keep buying your nigger nikes or whatever it is you spend your fiat on.

[Anonymous No.55264703]

THIS IS IT LAD, ITS GOING TO BE A WILD RIDE. PREPARE YOUR SEATBELTS AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.55265103]

>>55257750
>3x
>not outrun inflation
That would imply a 300% inflation. I am pessimistic, but that's worse than /pol/ doomer scenario

[Anonymous No.55265285]

>>55258836
>statists will stop debasing
7tps is more than enough to act as the worlds primary reserve, XMR can handle day to day tx

[Anonymous No.55265317]

>>55261218
State is the parasite, fiat the means but which they feed. It's pathetic that you bootlickers cheer your own enslavement.

[Anonymous No.55265376]

>>55261530
>debt built
Literally retarded. Debt creates nothing. Does the Fed print oil, steel, labor? The resources of the world are entirely separate from the quantity of currency, the only thing nominal growth enables is risk free rewards for oligarchs, but if real growth is negative nominal growth can still be forced, enabling parasitic transfer of wealth from all productive members of the world to unproductive elites, see: last fifty years.

[Anonymous No.55265497]

>>55265376
>Debt creates nothing
without debt, nothing is created. it doesn’t matter though, because you aren’t going to be using credit to build a profitable business anytime soon anyway.

[Anonymous No.55265516]

>>55265497
>without debt, nothing is created
Idiot, jew, back to the oven
Use of energy creates. not debt
jews seriously, there is no way around a genocide

[Anonymous No.55265522]

>>55265376
what I mean is, there are only two main ways to raise money for a business venture: credit or equity. with credit, you pay back the loan and the rest of your profits are yours. with equity, you will owe a percentage of every dollar you make to your investor, forever. debt is unironically preferable to equity financing, if 1) you can get a fair interest rate and 2) you plan to make a large profit, or be in business for a long period of time.

[Anonymous No.55265600]

>>55261309
>inflationary currency incentivizes people to lend and invest their money towards economically productive activities
take your destructive and fake consooooomer economy and fuck yourself with it you kike

[Anonymous No.55265845]

>>55263282
The difference is the governnment won't be able to print money anymore. There will still be rich and poor, but you get rich by producing something of value, not from playing politics.

[Anonymous No.55265945]

>>55265600
it doesn’t matter. when btc is $100 trillion plus market cap, interest rates will soar and so will the economy.

[Anonymous No.55266303]

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[Anonymous No.55266326]

>>55260313
until they just decide to (((update the software))) and make it whatever they want idiot. Gold is capped BY GOD

[Anonymous No.55266469]

>>55264498
You’re describing Bretton-Woods with digital Monopoly money instead of gold

[Anonymous No.55266476]

>https://arxiv.org/abs/2305.19865

I'm just gonna leave this here.

[Anonymous No.55266543]

>>55266476
Can't wait for this to become a reality

[Anonymous No.55266602]

>>55266469
the bretton-woods system pegged the dollar to gold. that’s not what I’m taking about. the dollar will remain a free floating currency worth whatever it is worth. but people won’t want to hold dollars in a bank account when they could hold btc instead, unless the bank is paying an interest rate higher than the rate btc is appreciating. that means higher interest rates, which are stimulative. it has nothing to do with actually pegging the value of the dollar to btc.

[Anonymous No.55266707]

>>55257750
As opposed to what?

[Anonymous No.55266744]

>>55261309
Still gotta pay your bills and eat.

[Anonymous No.55266761]

>>55266744
Learn to hunt and farm? Or learn a trade that is in demand that isn't being a jew and can be traded for food and shelter?

[Anonymous No.55266801]

What some of you are overlooking here is that the banking system is slow and antiquated. It can't keep up with fintechs, and creates unnecessary friction. Now enters Bitcoin, which provides complete settlement, p2p, within minutes, and it's secure and decentralized. This aspect of bitcoin completely eliminates the need for traditional banks and intermediaries.
So bitcoin is truly a disruptive technology. If you were to build a bank based on bitcoin, you'd be able to run your bank in manner that a tradfi banks couldn't and more efficiently, without over leverage. This is why bureaucrats/politicians are trying to gate the banking system by creating unnecessary regulations to stifle innovation. It's akin to when the car was created and horse carriage companies created unnecessary rules to operate a car.
If bitcoin was fully capitalized, let's say at $40T mc, it would easily be a globally accepted currency that isn't restricted to borders or exchange. Capitalization is the final crucial step to bitcoin becoming truly unstoppable.

[Anonymous No.55266868]

>>55260309
the fundamental point of currency isn't to make money, but that's the angle we're talking about on this board and the reason most people have to support it. actual use cases of crypto include:

money laundering
drug purchases
resisting le heckin 3rd world governments

bout it

[Anonymous No.55266890]

>>55266868
You forget about international transactions eleminating counterparty risks from banks and retarded foreign policy makers. That applies only to btc

[Anonymous No.55266903]

>>55266868
the real uses of crypto are antithetical to its legality. 99% is a scaleable ponzi utilizing GDP differences around the world to fill in the ranks at various positions

[Anonymous No.55266916]

>>55266890
you're swapping certain risks for other risks with that though

[Anonymous No.55266931]

>>55266903
It's a globalized world, what do cucks like you expect? That smart people eat the fiat system risk so local political players can grift for their local donors and dump risk on population and their future children. Lol. Fuck fiat collectivists

[Anonymous No.55266937]

>>55266916
Better than getting fucked by an inner incestuous collective of retarded political players that only care for their own pocket and don't give two shits about the population

[Anonymous No.55266967]

>>55266937
>>55266931
all i'm saying is that people talk about crypto like it's a source of money like the stock market, when the reality is that by design it's made to thwart legal systems, giving it a limited use-case.

let's say i wanted to save money while on social security for disability (which limits my bank account balance to 2000) my only option to not get audited would be local meetups and cash. over use-cases are about as ghetto, like paying your drug dealer over bisq. it's not clear what direction the growth can go that would increase its use.

people want to bet against politicians but not when it gets them thrown in jail. imagine dying in a firefight with the fbi over bitcoin.

[Anonymous No.55267028]

>>55266967
I can just always repeat myself. You either live in the nice society and adhere to their rules, or you take the risks that come from not living in the nice society on your own. One can of course live in both and mix it up managing risks. On the topic of btc being like stock market, that's just normal faggot thinking or at best midwit thinking

[Anonymous No.55267042]

>>55267028
the value of btc is tied to living in a nice society and adhering to the rules. the uses of btc are not.

the reasons it gets regulated so much are not political reasons, they are law enforcement reasons.

[Anonymous No.55267052]

>>55263436
>ASICs aren't a renewable resource
I mean, they are. Nothing in tech is meaningfully limited on Earth, even without recycling the e-waste, we have an effectively infinite resource base for all tech materials. Only meaningful limit on Earth is energy, and that's entirely a political problem, in-the-limit humans will just use nuclear.

[Anonymous No.55267077]

>>55267042
If one does it right, btc cant be regulated, it can be made harder to use in the nice society, sure, and the exchange of goods and services are tied to the fiat value because practically all goods are somehow tied to that system as long as the opposition isn't strong enough to convince enough normal people to understand that btc isn't some funny money but simply the cost of energy and hardware used to secure the network. As long as that isn't the case and people produce for fiat, well we btcler exploit the shortcomings of different fiat systems to protect us against the risks that come with a fiat system, like nepotism and corruption by inner collectives of people with power

[Anonymous No.55267094]

>>55266967
It's not made to thwart legal systems. It's simply a tool that allows you to custody and exchange a digital asset. You could use it however you like. I sold a bike and told the buyer, bitcoin only.

[Anonymous No.55267262]

>>55266967
>it's made to thwart legal systems
You're an imbecile. Bitcoin solves money. Hard money is always and everywhere preferred, but before Bitcoin hard money was HARD, you could transact in gold or another commodity, but that's DIFFICULT, physical settlement of hard money is difficult, expensive, and time consuming, soft money had a huge PRACTICAL advantage over hard money that made the sell of corrupt oligarch-supporting institutions i.e. central banks easy. But Hal fucking solved money! All the advantages of soft money while being hard as hard can be. And they can't ban it because they can't ban any disruptive technology for fear other countries don't ban it and they get crashed under the boot of economy. Bitcoin is the future because Bitcoin obsolesces inefficient, parasitic central banks. Everyone (everyone productive at least) benefits from Bitcoin's becoming, wether you hold Bitcoin or not.

[Anonymous No.55267630]

>>55267262
what does bitcoin "solve" that transferring all your money to a bank in mongolia does not?

[Anonymous No.55267691]

>>55261196
Lol, lmao. Plebbit tier thinking.

>Just hodl you'll be rich if you never sell!

[Anonymous No.55267694]

>>55267262
>Here's your hard money bro
>Crashes 50%

[Anonymous No.55268228]

>>55266801
This whole post is one giant Amerimutt cope. SEPA has no problems handling large settlements instantaneously with no fees, it's secure, and it doesn't require some needlessly clunky and wasteful network architecture to operate. And you don't have to "be your own bank" like some libertarian conspiracy doomer schizo who stores bullions in his fallout shelter.

[Anonymous No.55268350]

>>55263109
tech illiterate retards shouldn't talk

[Anonymous No.55268496]

>>55268228
sepa operates on a worthless currency losing value endlessly, so it's useless

[Anonymous No.55268636]

>>55257763
BTC was supposed to hit between 200-300k last run. Instead it just crabbed between 40-60k for a few months and then took a giant shit.

Don't get me wrong, still better performance compared to traditional assets, but you're not getting rich off BTC anymore

[Anonymous No.55268672]

>>55268228
Counterparty risk
Sepa doesn't like you
Your possibility for tx are gone
Write a Z on a piece of paper post it on fb and you can't transfer money anymore
The banking system can't be trusted because of New Liberal Fascists

[Anonymous No.55268768]

Where do you think all the money is going to go when alts get btfo by being securities?

[Anonymous No.55268848]

>>55268672
>Write a Z on a piece of paper post it on fb and you can't transfer money anymore

Source: I made it the fuck up.

Btw, Russia failed and Putin is a loser. Take your meds little boy.

[Anonymous No.55268880]

>>55257750
>$1 million is ~40x from here
kek
40x
KEK

[Anonymous No.55268903]

>>55268848
No it's a reality, there have been people jailed and got their rights removed for speaking their opinio. and you braindead child have no freaking idea what is happening and what the consequences are. Go back to /pol/ you don't belong here

[Anonymous No.55269197]

>>55262323
>filename
Back to >>>/d/iscord tranny shill

[Anonymous No.55269338]

>>55269197
Go back altcoin rat scammer
Where I don't care. Or just keep squeaking while drowning

[Anonymous No.55269407]

>>55262375
Can you please explain what value BTC has at this point over other cryptocurrency other than that it has the most amount of “investors” and that gives people a reason to shill it to others?

I’d like to understand why you think if Bitcoin dies forever that will mean anything for blockchain technology which has far surpassed the basic structure and value of Bitcoin at this point.

Everyone new who comes into the space looks at Bitcoin like some dinosaur meme. It literally does nothing. But I’ll wait for your reply.

[Anonymous No.55269420]

>>55269407
It can't be killed, where suing the idiot foundations and organizations that drive development of alt coin scams sends them flying into dead spiral

[Anonymous No.55269435]

>>55269407
>most decentralized
>most immutable
>most hash power
>largest network effects
>longest and most secure chain
Prove your net worth is over $100,000 or you are a braindead poor

[Anonymous No.55269548]

>>55266326
Lol that's not how it works, also love those boomer retorts

[Anonymous No.55269873]

Happy to see all the intelligent shills are somewhere else and only the retard squadron is on BTC duty.

[Anonymous No.55269893]

>>55269407
>Can you please explain what value BTC has at this point over other cryptocurrency other than that it has the most amount of “investors” and that gives people a reason to shill it to others?
That is the reason, but that is how money works in general. BTC is just money that can't be arbitrarily printed. It's money with anti-cheat built in.

[Anonymous No.55270294]

>>55267630
False. Look at the wage/productivity divergence since the end of hard money, look at the 50% or more of State spending (all counterfeit, all printed) going to supply side labor subsidizes. Look at the 10,000 years of lockstep wage/productivity growth before fake money. "Gee gosh wilikers it's a mystery why wages have diverged from productivity!" He says while while pumping trillions of counterfeit dollars into supply side labor subsidizes. Fuck you. The State is not Real, Economy is. BTC solves money, BTC will continue growing because Economy demands efficiency and removing (or neutering) parasitic central banks provides an unbeatable tailwind.

[Anonymous No.55271276]

>>55257750

Yea, they're almost as bad as the gold and silver boomers - muh 2x in the last 50 years lol

[Anonymous No.55271662]

>>55271276
You need to stop on this board rat

[Anonymous No.55271715]

>>55261309
a deflationary currency is needed in deflationary populations

[Anonymous No.55271898]

>>55270294
Based analisis. Based meme. We need more like you here on biz.

[Anonymous No.55271939]

There won't be another bull run. Crypto is pointless. Oh man a read only spreadsheet sure is amazing, blockchain is a fucking meme.

[Anonymous No.55271954]

>>55271939
Then leave and never post again jew

[Anonymous No.55271978]

>>55263953
bitcoin is down compared to stocks and PMs wtf are you talking about? stocks and gold are still at ath. bitcoin is at 1/4th ath.

[Anonymous No.55271996]

>>55271978
Spx is far away from ath, a feable 15%, btc did a 60% from when sam got fucked

[Anonymous No.55272154]

>>55258836
if I had a nigger dollar for everytime I have heard this I would a multi millonaire by now. Die no coiner shit, you'll always be a third worlder poor trash and never in your life you'll make anything meaningful, just kys and end it here. You'll save some carbon bitch

[Anonymous No.55272165]

>>55271996
cope. tesla chads stay winning. stay poor bitcuck

[Anonymous No.55272177]

>>55272165
Not really. Why you think muskrat has been so quiet lately. He is looking forward to a law suit ending his reputation

[Anonymous No.55272407]

>>55262347
reminder you are also fake and gay and that you're not gonna make it.

[Anonymous No.55272423]

>>55272407

This Is Good For Bitcoin™

[Anonymous No.55272483]

>>55272423
Unironically good. Markets are protected from retarded buyers and sellers keep just stacking sats

[Anonymous No.55272491]

>>55268228
sepa is very gay, but wouldn't expect anything less from an europoor

[Anonymous No.55272499]

>>55272177
>not really, cope cope cope cope cope cope cope
yikes

[Anonymous No.55272546]

>>55272423
nigger, also please tell me how much monero you own, I want to judge whether you are just poor or poor and a retard. I keep my money where my dick is, that is BTC for me

[Anonymous No.55272569]

>>55272546

Wow, I'm so impressed. Keep flexing.

[Anonymous No.55272617]

>>55271715
In the late 20th century the world was doomed to be overpopulated in just two more weeks, today it’s doomed to be underpopulated in just two more weeks. Linear extrapolation is a mistake.

[Anonymous No.55272642]

>>55260231
>USD reserves are slowly shrinking
>Other currency reserves are rising
Great point retard. No one said the USD isn't the world reserve currency, but its days as such are numbered.

[Anonymous No.55272711]

>>55270294
There is still hope in /biz/

[Anonymous No.55273282]

>>55272569
oh, so you're just poor and a retard then, that's ok. one day maybe you'll make if you wagecuck hard enough. gl!

[Anonymous No.55273336]

>>55273282

Totally, bro, Bitcoin's price being propped up by fraudulent manipulation while it continues losing dominance in a commercial sector it has historically dominated is BULLISH AS FUCK!

$100K EOY!!!!

[Anonymous No.55273415]

>>55273336
ahahah, so you're also here. just tell me your total value of monero in btc terms. I don't have much desu but my total crypto weatlh is only 3 btc. Do you even have that much in monero stashed? really curious about it, or you only hold fiat shit with no value at all? I think you're only poor

[Anonymous No.55273724]

>>55257750
For me BTC doesn't exist as long as I've known about AVAX. The simple fact of the extensive use of subnets already makes it technologically superior.

[Anonymous No.55274469]

>>55257750
I'm comfy holding BTC and AVAX

[Anonymous No.55274492]

>>55273724
>>55274469
you niggers need to piss off, and jannies need to range ban your group of scammers

[Anonymous No.55274544]

>>55265285
This.