/biz/ - Business & Finance

[Anonymous No.58411218]

And just like that, BTC will never fall below $61k ever again.

[Anonymous No.58411239]

when do you niggers get, that Millenials are no Boomers.
No, this generation wont treat a token on a shit data base with no usecase and no need as muah gold.
Yes this generation is just going to drop that shit and forget it ever existed

[Anonymous No.58411249]

>>58411239
>falls from 70k to 60k
HAHA I TOLD YOU!!! BITCOIN HAS ZERO VALUE! IT IS COMPLETELY USELESS AND NO ONE IS GOING TO BUY IT LOL!

[Anonymous No.58411253]

>>58411249
>muah price
yeah you are too stupid to understand what I said

[Anonymous No.58411268]

>>58411239
Gold isn't fixed in supply. 2% mining inflation is a 7x in supply every 100 years. In 2 days BTC's inflation will be under 1%, in 4 years it'll be less than half a percent, in 8 years it'll be 1/10 of gold's inflation rate

[Anonymous No.58411271]

>>58411218

[Anonymous No.58411297]

>>58411268
and that gives it any "general" value how you retarded marxist/ drooling Austrian?

[Anonymous No.58411319]

>>58411297
the value is in low fee decentralized transfer of value. its a banking system where the miners pay for the upkeep

[Anonymous No.58411323]

>>58411218
one might even say 'wallah'

[Anonymous No.58411336]

>>58411319
That is an individual subjective perception, which is of course a legit individual value.
Its just technically a shitshow that isn't fit, and never will be fit to act as a banking substitute in a fiat environment. Crapto just failed technically and that leaves the set of bag holders and idiots brainwashed by marketing as the only set among people that give it any value.

That group wont grow when the classic banking system already is in the process to offer instant transfers 100x times faster than any ddb

[Anonymous No.58411356]

>>58411336
its not a substitute its an alternative

[Anonymous No.58411387]

>>58411356
No, it isn't. Its an inferior substitute that does practically everything that could be relevant for the majority of people worse than a bank. The only thing that speaks for it, is self custody, which if one is honest about the average populations responsibility with edge tech that is kept together with duct tape and spit, as their responsibility with currency, makes it worse than a bank.

Buttcorn and ddbs in general, similar as any other communist style concept assumes an idealist image of the human, and the retarded idea that humans can be behaved into the perfect socialist "being". Homo homini lupus, and it is rational

[Anonymous No.58411400]

>>58411387
>relevant for the majority of people
okay so your argument is not that it has no value but that its overvalued, which defeats your original claim

[Anonymous No.58411407]

>>58411400
value is an entirely subjective individual term. There is no "general" value. That is core issue of the thinking of most Austrians and certainly marxists, assuming that there is "general" value

[Anonymous No.58411413]

>>58411407
using buzzwords, by your definition you can twist it so that nothing has general value so why even ask the question

[Anonymous No.58411424]

>>58411413
"Value" is not a "buzzword", its a philosophical term and a core concept of economic thinking by which one can identify what school of thoughts an individual follows.

Assuming that something like "general" value exists, makes it possible to classify you into a certain sets of thinkers, where I say that this universalistic thinking is not a representation of reality, but that reality and the perception of it are particulars

[Anonymous No.58411465]

>>58411218
Kek, you wish, this shit is gonna go down again, only thing I'd love is to have a btc index on truflation to see it burning lmao

[Anonymous No.58411468]

>>58411424
shut up you stupid faggot

[Anonymous No.58411489]

>>58411468
Nigger, the point is
>this generation is just going to drop that shit and forget it ever existed
nobody is committing to anything. Live fast, die fast, leave nothing - and crapto culture especially is living that. No reason to not assume it dies after it lived fast, and wont leave anything

[Anonymous No.58411811]

>>58411239
I wouldn't mind going back to 15k, now that I know the bullrun happens every 3 years, I should just wait, damn I might even grab memecoins like jizzlord just for the laughs this time

[Anonymous No.58412247]

>>58411297
A fixed unit of account did not exist before bitcoin. This is a quantum leap in stores of value.

[Anonymous No.58412329]

>>58412247
there is a fixed amount of matter in the universe

[Anonymous No.58412418]

>>58411424
talk like a human I almost fell into a coma reading that

[Anonymous No.58412937]

>>58411218
wait for halving to end and you will see him in 40k while you regret not buying BRC20 Tokens.