[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 10 KB, 200x200, bitcoin.png [View same] [iqdb] [saucenao] [google]
9872162 No.9872162 [Reply] [Original]

If you werent a brainless drone, you would have read the bitcoin whitepaper and you would have noticed that it clearly states that, and i quote, "Bitcoin (BTC) being over $1000 defeats the whole purpose of the coin".
Maybe next time try not to be such a spastic moon kid that cant read fundamentals and you might understand why the market is crashing

>> No.9872178
File: 14 KB, 310x163, stfu.jpg [View same] [iqdb] [saucenao] [google]
9872178

>> No.9872180
File: 435 KB, 600x791, satoshi.jpg [View same] [iqdb] [saucenao] [google]
9872180

If you actually read the bitcoin whitepaper, you'd see satoshi's picture on the last page.

>> No.9872227

Bitcoin has nothing to do with satoshi s whitepaper you absolute brainlet.
Where have you been when banks stole the brand last year, you absolute stupid pajeet nigger.

>> No.9872246

>>9872162
kek. where the fuck does it say this? i have read the paper like 3 times

>> No.9872268

>>9872227
You can take bitcoin from satoshi, but you cant take satoshi from bitcoin. $1000 eoy

>> No.9872269
File: 112 KB, 800x600, 73836382833.jpg [View same] [iqdb] [saucenao] [google]
9872269

>>9872246

>> No.9872307

>>9872162
>the bitcoin whitepaper
is about solving the double spend problem in Wei Dai's B-Money with the SHA-256 PoW algorithm. Anybody that says otherwise has not read the paper or is a street-shitting pajeet shill.

>> No.9872337

>>9872162
>the entire supply of bitcoin will never be worth more than $21 billion
I guess that means bitcoin will never be used by more than a handful of people then.

>> No.9872359

Beyond the lying bullshitter OP, Bitcoin at $1,000 would mean someone with $21 billion could own every Bitcoin.

The only thing dictating Bitcoin price is raw supply and demand.

>> No.9872413

>>9872162

Explain how it defeats the purpose otherwise just stupid trollbait