Bitcoin's Future

[Anonymous No.59618987]

Unironically this. Still doesn't answer what it's actually worth before government management steps in.

[Anonymous No.59619013]

>>59618987
Bitcoin is the perfect Trojan Horse. Let’s autists in and get rich while they get to feel smug as the normies world crumbles

[Anonymous No.59619047]

>>59618987
anon is right that status/social value is a large part that prevents disorder, but it doesn't help with the problem of losers that instant dump for their drug fix, then steals to survive until the next month.

[Anonymous No.59619052]

>>59619047
anon is still posting
>>>/pol/494576608

[Anonymous No.59619074]

I love these interesting takes, and thats why Im here on 4chan with (you) all my high IQ contrarian friends

[Anonymous No.59619080]

>>59619047
>steals to survive until the next month.
if all currency is digital, there isn't any to steal, doubly so if all transactions are publicly logged.

[Anonymous No.59619084]

>>59619013
>says "normies" (instead of.....)
Go right the fuck back to plebbit, nocoiner.

[Anonymous No.59619096]

>>59619052
I've read it, and I have to say, that austrian is unironically a genius

[Anonymous No.59619126]

>>59619080
stealing food/goods or do you think even those will get digitalized in the metaverse kek

[Anonymous No.59619159]

>>59619126
>stealing food/goods
anon said something about using local bitcoin mobs as vigilante justice. figure a small police force would still be affordable tho
Still don't know if i should hate bitcoin or buy it at this point honestly

[Anonymous No.59619336]

>>59619126
Nestle Nutripaste is only available at registered feeding stations.

[Anonymous No.59619371]

>>59619336
>registered feeding stations.
we do already have EBT..yeah not feeling good about this bros.

[Anonymous No.59619432]

>>59619080
PHYSICAL objects still exist you fucking retard. You know, THINGS!?!?! God damn you nerds live your life like it's a fucking simulation. No wonder tech bros think people are interchangeable economic units. Can't wait for bullying to come back.

[Anonymous No.59619481]

>>59619432
>PHYSICAL objects still exist you fucking retard
yeah so when someone steals a physical object they get arrested still. the point is that it'd reduce crime with gib-getters, not eliminate it. but no one could steal PHYSICAL money, cuz it wouldn't exist, and if they stole it DIGITALLY it would show up the blockchain. if someon stole somehting like a bike and then tried to sell it, it'd be easy to catch them when someone BUYING it deposited digital currency into their wallet cuz its all being monitored on the blockchain, riight?
this shit gives me the creeps
>>59619096
>austrian
fucking austrians man

[Anonymous No.59620143]

>>59618987
>no actual value
retards who don't understand byzantine fault tolerance should not open their jewish mouths to jet out diarrhea
>>59619013
the only trojan horse in crypto is letting banks like DB start operating L2s only to later find out that liquidation happens without authority inside real blockchains

[Anonymous No.59620163]

here bro, use this blockchain technology hehe
just turn on the escape hatch in case anything happens haha
oh yea, you have the admin keys, everything is safe, you won't get obliterated hihi

[Anonymous No.59620186]

>>59618987
governments should just stop giving out any money, in any kind of way at all, im paying taxes for the government to use it themselfs for things that will help everyone, not redistribute it to special people that dont deserve it at all

[Anonymous No.59620429]

>>59619481
"Go ahead, call the cops, they can't un-rape or un-kill you, Timmy!"--the mindset of your average thug, copper-thief, etc.
"b-b-but murder and rape are illegal!"--you

Also how hard can it be to set up a barter system?

[Anonymous No.59621041]

>>59620143
>jooz
Imagine you weren't busy shitposting on /pol/ and were buying when it was cheap instead

[Anonymous No.59621085]

>being able to store trillions and move them instantly through A to B backed by the strongest network on earth has no value
you had 15 years

[Anonymous No.59621093]

>>59618987
>>59619074
That actually makes sense.
Finally a non-stupid screencap

[Anonymous No.59622281]

>>59618987
It just proves that gold and silver are money and everything else is credit.

[Anonymous No.59622287]

>>59618987
What are you talking about do you see all dumb shit that the government keeps wasting and printing out new money for. At this point crypto really is the only reliable currency out there.

[Anonymous No.59622706]

>>59621041
>Imagine you weren't busy shitposting on /pol/ and were buying when it was cheap instead
.anon actually talks about the type of comment you just made..

[Anonymous No.59622713]

>cops
here anon talks about cops still existing, just not being overworked.
sucks it got archived already. can somenoe screencap all the posts? i don't know how to do multi pics but want to see how this checks out against usa crypto regulation, getting that /pol predicted it feeling

[Anonymous No.59623260]

>>59618987
>>59622706
>>59622713
smart anon. so what happens as more people start to realize that crypto is just welfare with extra steps? and what happens when all the "libertarians" participating in the industry realize they're useful idiots who got duped?

[Anonymous No.59623324]

>>59623260
>they're useful idiots who got duped?
anon hits that heere. i think the idea is if the people ask for it themselves, they wont think they were duped

[Anonymous No.59623375]

>>59623260
they have abandoned it latest in 21, cashed out and have been playing the energy futures market

[Anonymous No.59623575]

>>59621041
what the FUCK are you talking about, retard?
did you reply to the wrong person maybe?

[Anonymous No.59623647]

>>59623575
>>Imagine you weren't busy shitposting on /pol/ and were buying when it was cheap instead
>what the FUCK are you talking about, retard?
.pretty sure hes saying pol users are stupid for thinking bitcoin was stupid instead of buying it

[Anonymous No.59624704]

>>59619074
"Everything is a psyop because your enemy is omnipotent, omniscient, and omnipresent" isn't so much an interesting take as it is demoralization

[Anonymous No.59624736]

>10 samefagging posts jacking off his own pol retardation
go away moron

[Anonymous No.59625020]

>>59618987
>>>
This is actually interesting, not for his promotion of a form of UBI to placate niggers, but for his analysis of the crypto markets. The shaming and magical thinking he mentions are a constant thing on Reddit -- Bitcoin will solve global poverty, end wars, create housing, gas the kikes, and cure baldness, just by virtue of its being le perfect systeme. Well, maybe not gassing the kikes, that would get people banned off Reddit since it's a Jewish-run site (Ghislaine Maxwell was a moderator there, and the scumbag who CEOs the company, "/u/Spez", was frequently seen hanging out with her at sex parties -- he probably fucked a lot of tight teen pussy for Epstein's videotape blackmail library).

[Anonymous No.59625142]

So what does all this mean for btc price?

[Anonymous No.59625400]

>>59625142
>So what does all this mean for btc price?
thats what i want to know but anon says itd be tied to GDP. if recession is coming tho...

[Anonymous No.59625452]

>>59625142
Short-term price movements are unpredictable, but the core thing you have to remember is "number go up".

Bitcoin's price is likely to rise significantly over the next 8-10 months because last year, the Biden administration was printing money like mad to try to buy enough votes to win the election. That enormous pile of freshly printed dollars is flooding the economy right now and is about to make inflation skyrocket again.

Just like in 2020 when the free gibs from WuFlu stimmies flooded into the one market that cannot be diluted by the feds, we will likely see the same this year. And then, because it was overly inflated in a giant bubble, it will likely drop again.

[Anonymous No.59626267]

>>59618987
rantings of an ignoramus YouTube university graduate.

Bitcoin is simply good and sound money and it will revolutionize society by simply going back to how it was not that long ago under the gold standard. It's not that crazy guys

[Anonymous No.59626568]

>>59622706
Retarded. People that see the value in BTC are still the weird ones. Mainstream retards are still not seeing it's power which is closer to $infinite than 0. Bitcoin doesn't care, it will continue to go up at any rate.

[Anonymous No.59626672]

>>59626568
Germany failed to understand this, didn't they? They made history and don't even know it yet.

[Anonymous No.59626707]

>>59618987
>people would play with their UBI BTC and not cash it out to pay bills because uhhhhhh human greed n sheeit
Maybe figure out how to reel in the exploding costs just to stay alive before anything else. All this would do is "justify" raising prices in the collective minds of business in this country.

[Anonymous No.59626750]

>>59618987
Easily solved with a social credit score and cut off values.

[Anonymous No.59626942]

>>59618987
Probably the stupidest thing I've read in a while.

So they're going to give 300m people what?
Lets be modest and say $100 a month.
300k BTC a month for free to illiterate mongoloids.?

There just isn't any economic theory to make this make sense.
Bitcoin would have to hit 100m or more a coin this year just to be able to get the coins to divide to sell.

It's so god damn retarded I don't even know what to say.
>>59619096
>I've read it, and I have to say, that austrian is unironically a genius
lol

[Anonymous No.59627000]

>>59626707
The people in both threads were so brain dead.

They're like
>Yeah I was right BTC is a scam, but it'll be used as welfare because it's such a scam amiright?
>Yeah they'll just abandon BTC and get into energy futures

It's like
HEY RETARD THIS ENTIRE EQUATION IS TIED TO BITCOIN 21M/∞
No Bitcoin, no kWh put option, no depth to the electricity futures market.

[Anonymous No.59628021]

>>59626942
>Lets be modest and say $100 a month.
welfare in usa right now is $492/month median
12.5% of usa population estimated lives off welfare
rough estimate of 20.2 billion $ per year, but the reality of welfare spending is already far higher
>Bitcoin would have to hit 100m or more a coin this year just to be able to get the coins to divide to sell.
amount of bitcoin mined so far is 19,936,268.75 BTC
IF each BTC is worth $1000, then already that's at 5x greater than the low estimate for welfare per year
looks like this could work for welfare, theres enough room between those figures
>>59626942
>It's so god damn retarded I don't even know what to say.
you could say that bitcoin's only value is in fiat...which seems to be the austrian's point: that only stupid people who will eventually need UBI wouldn't realize that bitcoin is fully dependent on government charity in order to function. /poltards

[Anonymous No.59628087]

Money is commonly explained as a solution to the Coincidence of Wants, but why do we wish to trade in the first place? Why not take what you want by force? Because we’re “good people”, or bound by a statist fairytale “social contract”? No! Because trade (voluntary exchange) is positive sum. Money, then, is not Medium of Exchange, but a facilitator of voluntary exchange.

This is what John Pierpont alluded to when he opined “gold is money, all else is credit”, not that gold had any magic “moneyness” as the shiny rock fetishest believes, but that gold, being trustless (as trustless as anything could be in old JP’s time) could be trusted, while man could not. Nature provides a fairer game than man’s promises ever could.

Bitcoin goes beyond gold: fixed supply, transparent ledger, non-physical & weightless. Nature’s perfect game, not mere happenstance of natural properties, but fixed and defined through Her immutable mathematics. Not the use of a physical good for an abstraction, but the abstraction itself, the platonic ideal of Value made cryptographic flesh. Not a facilitator, but a guaranteer of voluntary positive sum exchange in-the-limit, protected from the diseased slaveminds and the parasitic oligarchs by an impervious firewall of voluntarity.

Statists don’t understand bitcoin, but they fear it. For good reason, as they are of the Adversity. They see the sword of Damocles above their heads, feel the noose tightening around their necks, and beseech their false god for “bitshit to go to zero!” or a comp’d shitcoin to usurp the King, all in a futile hope of prolonging their parasitism. Their prayers will go unanswered, their god is dead, only We, the superorganism Economy remain, and We are guarding all the doors and holding all the keys.

Shhhh, no tears little statist, only gravity now.

[Anonymous No.59628125]

>>59628087
/thread

[Anonymous No.59628133]

>>59619432
Physical goods stripped of all abstract economic value allow only subsistence parasitism, a weak form of parasitism easily controlled by immune cells (police et al), and with abstract value safely beyond the veil of voluntarity those immune cells can’t become malignant cancers

[Anonymous No.59628161]

>>59628087
this is copypasta.

[Anonymous No.59628359]

>>59628161
It's been pasted 9 days in 2 days and was never seen before that.
So yes it is pasta, but at least it is still somewhat fresh pasta.

[Anonymous No.59628587]

>>59628161
And I’m the chef.

[Anonymous No.59628615]

>>59619126
They've already thought of that, good thing everything will be handily tied to your digital identity as a basic condition for receiving UBI.

[Anonymous No.59628629]

>>59628615
It's not digital enslavement goy, it's liberty and freedom (tm)

[Anonymous No.59628750]

>>59628615
It’s embarrassing that statists still cling the delusion of the feasibility central planning over a half a century after Hayek destroyed the notion and a century after Gödel proved the general problem a logical, mathematical impossibility

[Anonymous No.59628803]

>>59619052
For those who missed it
>https://archive.4plebs.org/pol/thread/494572055

[Anonymous No.59629004]

>>59618987
his first argument about blacks is false

[Anonymous No.59629039]

>>59619096
i skimmed it and his world view doesnt make any sense. he talking about tricking people into secretly getting free money that they feel like they earned and therefore this will make people care about their society or something. but if you look at history, its obvious that the objective of the elites is to destroy functioning society. look at any american or european city before ww2 and they were all utopias. so this guy has no idea what he is talking about with human behavior or the goals of the people that control the system

[Anonymous No.59629308]

>>59629039
>look at any american or european city before ww2 and they were all utopias
they were better than now but obviously something went wrong
>its obvious that the objective of the elites is to destroy functioning society.
so then cryptoregulation is bad?
>this will make people care about their society or something
i think he said it makes people care about not disrupting the infrastructure of their society and staying glued to their screens all day. theres stuff in there about reducing birthrates through addiction too
i agree that there's a weak spot in his reasoning about the birthrates because whats to keep people from having kids just to get more UBI that they can steal from their kids
>>59628615
>everything will be handily tied to your digital identit
...then again, this could solve people stealing UBI from their kids, especially if everyone already has a cell phone

[Anonymous No.59629564]

>>59618987
Nailed it.
I saw many, many bitcoiners posing as "daily traders" in order to cope with the fact they dont work. They even dress in work clothes while in their houses doing nothing, just to pose as wolf of the markets.
Some do it to pose for the npcs, in order to not feel judged as a "criminal" (I did it a few times, in order to sign some contracts).
Today's society we are indoctrinated since childhood to work and toil like good slaves, and those who dont are immediately ostracized. It is hard to break this programming, I only did it because I'm a misanthrope, a urban hermit who feel the day is spoiled if I have to take a walk in the street.
The chimpout happens when a entire community (instead of a single, isolated individual) suffers this ostracism from general society. It is literal brainwashing, the slave needs to feel useful, and "trading" could make him feel he is working again, he is a respectable member of society and etc.

[Anonymous No.59631093]

>>59629308
>>59629039
>but if you look at history, its obvious that the objective of the elites is to destroy functioning society.
Not their goal, a side effect of them being parasites (negative sum actors). The more control they amass, the worse the outcome, by simple nature of their destructive game strategy.

Physical goods require active force to simply to maintain ownership, trust-based assets require trusted third parties (TTPs) to operate them. Storing abstract economic value in either enables negative sum actors to parasite as negative sum actors can specialize exclusively in force, taking physical goods by force and either coercing TTPs, or using force to BECOME the TTP (the origin of State). Positive sum actors were (before btc) forced to either reduce their own production to make time for murdering/imprisoning/exiling NSAs, pay extortion to them, or employ specialized positive sum actors specializing in force (police/military), however, as abstract economic value was seizable, there was a constant selection pressure for these “immune cells” to turn malignant.

Positive sum actors have been at a HUGE disadvantage to NSAs through history, the best “solution” we had come up with pre-BTC was Plato’s Benevolent Philosopher King, a perfectly trustworthy trusted third party, do you have any Benevolent Philosopher Kings lying around? Exactly.

But by placing all abstract economic value beyond the veil of voluntarity, positive sum actors can reverse the advantage. Satoshi has “fixed the glitch”, to quote office space, NSAs will no longer be able to parasite “so it'll just work itself out naturally”. No force, no confrontation, necessary.