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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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56324575 No.56324575 [Reply] [Original]

>> No.56324628

>>56324575
It can't. That's the whole point.

>> No.56324637

brainlet take
Bitcoin is perfectly correlated with the inverse of the DXY, even more so than it is with the Nasdaq or gold.
Bitcoin only responds to liquidity, if central banks are printing money Bitcoin pumps period, doesn't matter if the world is collapsing around it or not

>> No.56324641

>>56324575
I don't care, fuck the dollar

>> No.56324646

it's more useful in a war than during peace time, actually
in a war, you can cut telephone cables and install cell tower jammers
but you can't jam radio waves, and btc can send and receive transactions via radio

>> No.56324660

>>56324575
Ask people flying from Israel today if they think crypto might be a useful tool to carry your wealth across a border
Not so easy trying to move gold and cash out of a war torn country on a short notice, is it

>> No.56324689

>>56324575
In times of war the printing machine gets activated.. that's usually bullish short term. Not the case here. We're going down bad it seems

>> No.56324698

>>56324646
>you can't jam radio waves
Then how do people jam mobile phones? Arent they radio?

>> No.56326776
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56326776

In a world like that countries sanction one another and financial transactions get very difficult to perform. Unless you have intermediaries. Like Bitcoin. Idiots. Hope this silly war in mudslime land gets technology that directly contributes to crypto being more efficient (marlin protocol, zk protocols, etc) the spotlight they all deserve (while i get paid in the process, of course).

>> No.56326785
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56326785

>>56326776
that is until money stops being a factor and we go back to how everything used to be, back to the good old days.

>> No.56326790

>>56324641
it really is that simple. why cant the average biz raeli understand this simple message?

>> No.56326796

>>56324660
>>56326776
This. War has always been extremely bullish for crypto as a whole. All the donations done to that fuck face Zelinsky or whatever the ukrainian nigger's name is, it all went through blockchain technology first.

>> No.56326800

>>56324575
Because it's the logical evolution to fiat

>> No.56326805

>>56324660
^this.
kikes are experiencing first hand why crypto is needed

>> No.56326808

>>56326796
Because it's the absolute easiest way to transfer money from point A to point B without having to deal with regulations

>> No.56326811

>>56324575
BTC is a scam and Satoshi is a scammer

>> No.56326814

>>56326776
If anything this'll be extremely bullish for Monero

>> No.56326822
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56326822

>>56324575
>why yes, I have never bought bitcoin in my entire life before

>> No.56326825

>>56326808

i fucking hate the fact that this has proven to be the most useful thing for crypto so far

>> No.56326827

>>56326811
LMAO

>> No.56326837
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56326837

>>56326796
only cryptofucks and psychopatic traders root for war and for men to die over foolish stupid reasons. this world is mega fucked.

>> No.56326839

>>56326837
Muslims are not "men". They are not "people" to begin with.