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/biz/ - Business & Finance


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6345591 No.6345591 [Reply] [Original]

guys

>> No.6345661
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6345661

>>6345591

>Being a libertarian

>> No.6345722

lolololol I'll bet that "journalist" knows all kinds of shit about economics and what libertarians don't know about it. lol

>> No.6345773

>the washington post

>> No.6345827

>>6345591
whats a librarian?

>> No.6345835
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6345835

(((WaPo)))

>> No.6345895

>>6345591
>The first thing they don't understand is that money isn't just a store of value. It's also a medium of exchange,
Wrong.
Something can be a form of currency AND be a store of value, while something can be a store of value and not a currency (and vice versa)
>Which, if it ever did replace the dollar, would bring the economy to a halt while everyone stopped buying anything other than the essentials and waited to become bitcoin millionaires.
no evidence of this happening in history ever
>To stop that from happening, you'd need to be able to increase the supply of bitcoins as the demand for them did. This is more or less what is known as “printing money,”
the infamous "well lets just print more money!!! the economy will collapse unless we print print print"
>they don't get is that trust makes economies more and not less efficient.
no one trust the governments you retards thats why crypto exists in the first place

and then the article goes on to shill for increasing the block size
there is no fucking escape from the jews, rich, rulers, powerful or whatever else you want to call them
we are going to be slave for eternity

>> No.6346162

This was retarded he said like one thing out libertarian economic theory and spent the rest of the article talking about the negatives of Bitcoin itself like that wasn’t already known.

Not to mention he said that money can’t be a store of value. I could use gold as a store of value or currency. This article is retarded

>> No.6346279

>>6346162
typical wapo
take a shot at people who dont want government? check
take a shot at the biggest threat in human history to the central banking system? check

>> No.6346290
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6346290

>>6345895
The real slaves are the ones that dance like puppets. I like your summery.

>> No.6346329

>>6345827
underrated kek

>> No.6346385

>wapo
This only exists to create bait threads on 4chan and identify retards

>> No.6346445
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6346445

>>6345591
>reading something called "Wonkblog"

>> No.6346515

>>6345591
He better come up with something academically proven

t. econ student

>> No.6346649

>>6345591

The only crypto thing is teaching them is that the game is (((rigged))) by the big players and free market is a lie.

It will just speed up the inevitable transition from lolbertarians into third-positionists.

>> No.6346750

>>6345591
/pol/ stop trying to shove politics down my throat, just because they regard crypto it doesn't mean I give a fuck. I just want to make gains in peace, please. I unironically don't even know what a libertaian is.

>> No.6346823

Nah. nobody in crypto seems to know shit about econ. Probably not as bad as "I took econ 103/105 and think that its all there is to it!" libertarians.

>> No.6346833

>>6345895
If you think something can only be a store of value without a second use case to ensure the value is maintained then you are delusional.

>> No.6347324

>>6346833

well sure, but it doesn't need to be a currency. If I buy 1000 lbs of iron ore, that stores value too even though I'm not going to use it as money

>> No.6347758
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6347758

ALTCOINS BTFO

>> No.6347772
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6347772

>Another deflation will stop people from buying goods episode

>> No.6347977

It teaches us the jews always fuck us over?

>> No.6348445

>>6345591
So butthurt by Trump's election victory that Washington post came up with a butthurt slogan

>> No.6348611

>>6347758
Just bought 100k

>> No.6348723

>>6348445
>Democracy Dies in Darkness
thas rayciss

>> No.6348753
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6348753

>>6345591
Fuck the kikes

>> No.6348953

>>6347772
whenever prices are going down I never buy anything. I just wait until they are back to ATH and then FOMO in so I can see where they're coming from.