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/biz/ - Business & Finance

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7888709 No.7888709 [Reply] [Original]

Business idea: Sell paper with no value and claim its money in 2018

>> No.7888733
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7888733

>FED

>> No.7888738

I think thats illegal in America.

>> No.7888752
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7888752

>>7888709
business idea: give an objective definition of value in 2018

>> No.7889501

>>7888709
If it had no value you wouldn't be able to sell it because no one would buy it. That's what value means. The second you sell 1 piece of paper, whatever you sold it for is its value. More people wanting to buy means more people want it so its value goes up.

Your point has failed. Anything can be currency, some weird Pacific island uses huge rocks

>> No.7890521

>>7889501
>some weird Pacific island uses huge rocks

>limited supply
>no inflation
>all transactions are public and easy to track
I feel like those guys are onto something

>> No.7890866

>>7888709
every 4chan dollar is backed by one (you). you can use them to accumulate (you)'s

>> No.7890875

>>7888709
Already exists, its called crypto.

>> No.7890876

>>7888738
of course, only (((they))) can do it

>> No.7890886

>>7889501
No, the second someone is willing to pay for it, that's its value. If you sell it to him and nobody else will buy it from him, it has no value.

I'm being an ass but this is the single biggest mistake pretty much everyone in the world makes.
>I bought my house (or anything else) for X so that's what it's worth!