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/pol/ - Politically Incorrect


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I always know he's our man
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>>219216099
brb, going to check /biz/ for ree
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>>219216099
literally not what he said at all, and its already heavily regulated anyways wtf more does he want?
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Does this mean Democrats all going to be pro-crypto now?
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lost my vote
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I can report that /biz/ is currently reeing
>>>/biz/14734432
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>>219216460
I think this was the goal all along
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>>219216460
Yes lol every time
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>backed by nothing
>irs still demands money for gains
Wait a second..
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>>219216099

Technically isnt BTC valued in USD? If USD collapses.. so does BTC and everything else so its just the stock market on an anonymous transaction thizzle level
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>>219216099
Guarantee strump is doing this to manipulate BTC so he can buy the dip and all of it
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>/biz/ on the ree over crypto bombing out - ruining their cam whore tipping operation
literally cryptokiked
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>>219216779
it backs itself with no military. that's what he means. he hates it like the fed hates it. he's a stooge for the world bank.
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>>219216532
No lambos for them
>>
This shows he doesn't understand how fiat currency works let alone bitcoin. You voted a Jew loving NY real estate broker into office and wonder why he's shitting on the desk.

/Pol/ is so retarded
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>>219216099
I somehow hate him even more for this. This zionist piece of shit establishment kike puppet is not the same person who ran in 2015. I refuse to believe this is the same Trump from the campaign. He is literally Jeb Bush 2.0.
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>>219217345
The fact that someone with a british flag posted this makes this reply even more entertaining.
What did we vote for again?
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>>219216979
How can you call other people kikes when you support Trump? Israel supports Trump more than any US president in history, going so far as to name towns, regions, train lines, and companies after him. Trump sucks more kike dick than any president in history.
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>>219216099
Good it will only pump the price.
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>>219217486
don't man. they're lost causes. as long as shills are here posting insane nonsense, they'll dig in and side with trump
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>>219217345
Stack on crypto my friend, once the UK leaves the EU in October with no deal you will be by your own.
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>>219217454
You're coping by laughing at former Trump supporters are getting fucked over by Trump. You are part of the commonwealth too yet you have an opinion, yet saying he can't have an opinion? Kill yourself. I have a US flag and I voted for Trump and he has betrayed us on every single thing he ran on, and now does this as well.
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>>219216099

I am conflicted here. On one hand, Trump has a point. Bitcoin isn't that great, and the Libra does stand the chance of subverting our ability to issue our own currency. On the other hand, however, Trump being the one to spread the message may have the opposite effect.

>>219216779

There is nothing contradictory here. Bitcoin's value is based upon speculation. There is no backing, and it could tank in value instantly at any time with no ability for those invested to recoup their losses. Neverthless, the IRS doesn't really care about this fact. If you bought something, and then sold it later for more money, you made an income, and they want a portion of that income. Similarly, if you sold something for a token other than money, they want whatever the market value was of the thing you bartered with.
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>>219217492
Does that make it 10D Chess?
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>>219216099

Hello, rabbi.
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>>219216099
You hear that filthy 3rd world fucks and Poland? USD is the only real currency as stated by our country's leader. Fuck outta here with your euros and wings and shit.
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>>219216811
are you retarded? if USD crashes, then BTC is going to skyrocket
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He wants in and he wants it cheap..
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>>219216099
WHAT A JEW'S COCK SUCKING NIGGER
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>>219217454

The only fiait currency backed by gold is rubbles and yuan. Bitcoin is valuable because of its openness and anonymity. The USD and GBP are valuable because they are the established norm and backed by Jews by as the ship sinks the rats will leave. Only this time we have the lifeboats in crypto.
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>>219216099
-hillary's a nice lady, arrest Assange, confiscate guns, ban bitcoin.....MAGA?
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>>219216099
How to fuck can you buy drugs and weapons now?
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>>219217712
>former Trump supporters
There is no such thing.
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>>219219210
>Only this time we have the lifeboats in crypto.

An escape pod into a Beast currency isn't a good plan
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>>219216099
It's less about the bitcoins in particular and more about the very real threat of tech giants like Facebook and Google trying to actively take over part of the economy with their own cryptos. All that kind of "social credit system" shit that would never fly in the US if it were being pushed by the government suddenly ends up on the table when someone like Facebook or Google start becoming banks and financiers.
>Want to buy a house
>Login on your GoogleBank account and apply for a loan
>"Due to your internet and posting history, your application has been rejected."
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>>219219210
rubles are not backed by gold and the yuan is fixed to the dollar, dipshit.
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>>219216532
You're retarded if you don't realise this is sarcasm. Nobody with an iq over 100 gives a fuck about trumps tweet lol
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So how long until the speculative dip that /biz/ copes with by posting a graph comparing the dip to some historical investment
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>>219216099
>(((our man)))

*HAND RUBBING INTENSIFIES
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>>219219210

Bitcoin is NOT anonymous - the whole point of it is that every transaction is publicly traceable.
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>>219217351
You're experiencing the same feeling that everyone who does business with Trump eventually has. I am too.
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>>219217712
Pro trip: don't sperg out against people who are basically agreeing with you.
>>
Is this an elaborate joke or did Trump actually delete it? I can't find the tweet.
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>>219222361
Nancy Pelosi told him he had to delete it so he did.
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>>219216099
https://news.iobanker.com/2019/07/10/iran-plans-to-allow-crypto-mining-central-bank-of-iran-governor-says/
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>>219216099
Banking regulation legitimizes crypto markets not destroying them. Time to buy boys!!!!
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>>219220865
>He doesn't realize this affects the price of crypto
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>>219216099
so now's the time to buy bitcoin?
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>>219220405
This. Social credit systems invented by oligarchs it is the thing civilized world need to fear.
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>bitcoin not valuable
Bitcoin's value is based squarely on two things-
1. The energy used to produce it - mining bitcoin takes lots of money.
2. The value it has in money laundering
You see the power of bitcoin is it allows the middle class to launder money is a relatively safe manner. This privilege used to be reserved only for gangs/cartels, corporations, government, and of course rich people.
Any currency accepted for drugs and guns has value. Like it or not. Trump is nigger-rich somewhat so he doesn't really get it.
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>>219216099
Fuck off, crypto Gold and Silver are all based. You probably don't know anything about crypto you fucking faggot.
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>>219220405
>Crypto that collects your info and isn't anonymous
Any shitcoin that does this collapses, that's not how a good crypto works.
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Look at all these nocoiner boomer goyim with their soon-to-be-worthless fiat and laugh
Serves them right, they trusted a kike!
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>>219223870
Hence the name "cryptocurrency".
It's right there in the name.
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>>219223655
you're right that its primary value is money laundering
you're wrong that it's good for society
consider this - 0.01% of bitcoin owners control 42% of the coins.
That's 100x worse wealth distribution than fiat currency (1% own roughly 40%)
Any of the big fish cash out all at once and the whole thing crashes.
Make bitcoin the global currency and 1 guy has more power than all of Israel
it's retarded
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>>219224121
Boomers cannot into irony. That's literally exactly how fiat works, fool.
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>>219224121
this

There is one person out there sitting on every bit of the BTC swiped from MTGOX. When he cashes in, everybody gets fucked.
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>>219224117
GOOD crypto like BTC and link
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>>219216099
He wants to stop Facebook's Libra because they are going to attempt to do economically what they are doing socially and politically, so he has to crack down on all of them to avoid looking biased about it.
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>>219224121
>Muh income inequality
>Ignore that the only people that hold crypto are niche /biz/ posters and BTC executives
Go back
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>>219216099
Libertarians are literally pissing their pants. He is /ourguy/.
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>>219224121
The global currency will be the US dollar as long as the US military exists. US fiat is backed with the US military. Namely the Navy and USAF. These two services provide global defense against piracy and invasions. Notice how few ACTUAL serious wars have taken place since the end of the Vietnam War. US efforts in the mideast have been mostly training missions to keep our forces combat-experienced(a military that never fights is weak and powerless). For the first time since humans set sail on the seas, cruise ships have been possible and not face attack/piracy. That's how safe the US Navy has made the seas.

Bitcoin is fantastic because it allows p2p wealth trade without a middleman. It allows your average joe to launder money, buy things the government says he shouldn't have, etc. That is a wonderful and fantastic thing. Banking cartels also fear bitcoin. This is why BTC is very heavily regulated in NY state.
No governments or corporations have an intrinsic right to dictate what a man does with his money.
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>>219224516
Are you implying fiat currencies are any better you queer?
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>>219216099
Lol too bad there’s absolutely nothing he can do about it
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>>219217345
Fuck off shill
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>>219216099
>I always know he's our man
not sure if trolling or gullible
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>>219216099
"Get him the hell out of here"
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>>219224511
so you think it's a good idea to hand the reins of the global economy over to /biz/ posters and whoever founded BTC - which could have easily been an intelligence agency?
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>>219224500
Libra will fucking fail just like all the other shitocins that monitor people and are heavily centralized. They won't do shit.
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>>219224516
>pissing their pants
From what?
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how do you ban crypto
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>>219224644
Only the digital exchanges, physical ones should be in gold and silver.
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>>219216811
I don't have a brainless wojak that is brainless enough to be a proper and fitting response to this post.
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>>219216447
>>219216811
>>219224644
I swear to Christ if you try to peddle that digital snake oil around here I will fucking end you
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>>219216099
>regulate bitcoin
good luck on that
>>
He did that because (((they)))'re opening crypto currency banks.
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>>219224647
We know that, but Trump is going to smack it down early to prove a point.
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>>219216099
Ancap btfo
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>>219224644
You’re not “handing over the global economy” to anyone. Anyone can buy bitcoin. Early adopters will have more at first, yes, but it costs money to live. They won’t remain rich forever just on their capital gains from one asset.
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>>219224866
That sets the precedent to do that to other cryptos, ones that are actually good.
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>>219223655
It's based on desirability and accessibility. Like all currencies.

>>219224750
They'd all be appropriate, as the pinnacle of intellectual and creative failure.
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>>219224968
That's the cost of trying to exploit something that is good. Everything else takes a hit. `
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>>219224121
This is the best and only real argument against bitcoin that I know of, and I don't know how it's resolved
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>>219225251
Why bother if the whole libra thing will collapse anyways?
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Lol watching you retards try to FUD crypto and pretend know anything about it beyond what happened in 2017 is amusing. Do you know what SWIFT is retards? Do you know what fractional kike banking is? Trump was literally handed the key to revamping the US economy on a silver platter and hes too fucking stupid to take it. While the US fucks around with its devalued currency the rest of the world is going to be gearing up for the tech boom the hashwar will create. If you thought microwaves and planes were cool wait until you realize we can steal energy through quantum. Dumb boomer fucks.
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>>219225259
See >>219224890
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Trump is pissed he can not take crypto currency and give it to Israel like he does with billions of US tax payer dollars
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>>219225449
shut up you mentally decrepidt 56%er alex jones cocksucker kike brainwashed porn watching penis fondler
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>>219225396
To make sure that no one else succeeds.
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>>219225499
That argument is made of solid leaf. I can refute it in one word.

Tyrant.
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>>219224562
Other countries are seeing right through our bullshit. The US setting rules other countries don't want to follow is making them want to bypass the dollar. Iraq sold Oil in Euros and looks at what happened to them. Now Russia and China could easily tell us to fuck off. The truth is we shouldn't be gate keeping other country's monetary systems.
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>>219225767
At what? Making a shitcoin?
>>219225778
My eyes could not roll to the back of my head any quicker.
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>>219225499
That's not a satisfying answer. If world governments decided to start adopting and accumulating bitcoin, all it would take is for one early whale or group to NEVER FUCKING SELL and they would eventually become mind-bogglingly wealthy oligarchs. Think about what Rothschild's did with oil and multiply it by 100. "Living expenses" wouldn't even make a dent.
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>>219225873
>having immense influence and power in the short term has never, ever transitioned into such preposterous things as use of said power
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>>219216099
*Our goy
>>
Libra should be regulated, idgaf about Bitcoin. Let NEET losers invest in a volatile currency and have to work another 20 years like I give a shit. But Libra is just IRL VBucks ran by Facebook which in no way will end well. I don't feel like dying for the Facebook Liberation Front in the war against Google People's Democratic Republic anytime soon.
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>>219216099
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>>219216532
He’s right tho. Trump is batting for the fed reserve.
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>>219225913
>Governments begin accumulating it
BTC prioritizes cryptography over central authority. Even Satoshi himself couldn't control BTC like the Rothschilds did with oil. It's just not possible considering normies literally everywhere on the planet would use it for anything they buy online.
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>>219226138
Would make sense considering he's been openly bitching about how the Fed continues to tighten despite the great economy. Could be him making a deal to focus on Bitcoin for them to start easing in return.
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>>219226074
Here you: https://www.bitcoin.com/get-started/faq
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>>219217712
FORMER TRUMP SUPPORTER HERE. WE CANT LET HIM GET HIS HANDS ON THE BLOCKCHAIN CODES!!!!!
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>>219216504
>my vote is for sale
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>>219219983
This
Maybe before the great pedo hunt some were growing tired of nothing happening but now shits getting good.
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>>219225728
Keep thinking your boomer stocks boomer rocks and boomer huts are worth anything. Literally propped up by the global dollar mafia and you think thats sustainable? You better run to help unload schlomos ballsack because he's unironically the only one that can keep your shitty wealth valuable, our biggest allies literally just bent the knee at G20 and setup an alternative to SWIFT so they can get money into Iran. Its ok you boomers will bend the knee too when you realize you dont have retirement accounts anymore.
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>>219217345
maybe you should worry more about Muslims and police arresting people for mean tweets and less about Trump and American voting reasons.
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>>219219210
>bitcoin
>anonymous

>ruble and yuan
>gold backed

It is no surprise why the Jews have run roughshod over the world's financial markets.
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>>219226138
more like the Fed reserve controls the govt which is also why we do israels bidding
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>>219226562
Muslims have the sense to not be cucked to Jews, at least
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>>219216099
(((Cryptocurrency)))
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>>219216099
Trump
>bitcoins are not real money!
Also Trump
>they need to be regulated like real money, because they can be used like real money!
No 5d chess move here, but it has been a long standing US policy to ensure USD supremacy.
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>>219226667
:)
how 2 kill a country in 30 years.
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>>219216099
This kills the /biz/
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>>219217351
He bombed Based Assad 3 months into his term. That was your cue to realise who and what he is.
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>>219225873
I'm telling you why he's doing what he's doing. Your circular argument is getting boring.
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>>219216811
Your average American is dumb, and half that are even dumber, you're the latter.
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>>219220044
USD is backed by OIL and BLOOD you stupid wanker
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>>219227151
4D chess or something...
>>
The CIA created buttcoins as a way to hide money trails that their drug, prostitution and smuggling rackets would otherwise leave. Regulate them? Arrest the crooks instead. Well, they do really, that's why the FBI is one of the world's largest holders of buttcoins in the world since they're evidence.
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>>219226304
I'm not sure what you're talking about. If major governments started to adopt bitcoin as an official currency, they'd start buying it up at a very large scale, pumping the price up to astronomical levels, making early whales the richest people to have ever walked the earth. It's simply dangerous
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>>219224121
>consider this - 0.01% of bitcoin owners control 42% of the coins
that number is vastly inflated due to 0 restrictions on how many wallets a person can have, it takes seconds to make a wallet and there would be millions of accounts with 0.0000 coins in them.
Wealth distribution is a relative problem anyway if the lowest people in your country have a roof 3 meals a day and a TV they will never revolt.
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>>219227602
What benefit would the government have to pump the price so highly? Their only benefit to bitcoin would be to impose regulations since they would prefer a fiat currency they can use to spend on shit. The thing is that if they lose their grasp on the monetary system, they will essentially lose the power of the purse and make them weaker, which is why governments oppose it to begin with.
You're implying that the ratio will never change, which is plain ridiculous.
>>
Thanks trump
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>>219216447
same thing every boomer wants
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>>219225832
Get a load of this cuck.
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>>219216099
He isn’t going to ban bitcoin. The government loves crypto. And probably created it to at the very least avoid the liquidity trap that was heading our way. And to try to avert a larger economic catastrophe that was headed our way
>fed running out of ways to create fake money.
>suddenly a miraculous new asset class appears out of nowhere that has no ceiling
>SEC is surprisingly cool about.
>Classifies it as an asset rather than a currency
>have fun kids!
Trump is threatening Libra to force Zuck to change his TOS. He isn’t touching other cryptos.
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>>219216099

How can you ban something that is designed to be unregulated in the event of a ban?

I'm neutral to Bitcoin and crypto so will continue to use them, underground if needs be.
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>>219228286
They wouldn't be trying to pump the price, it would just happen as a result of them buying it up. You know, diminishing supply and increasing demand. As soon as one major country adopts it, other will have no choice but to follow, starting an all out bidding war.

The ratio will probably change, but there's nothing at all to say that it will change enough that there won't be whales with way disproportionate amounts of wealth.
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>>219224121
>Guy gets in at literal ground floor of BTC.
>Buys a ton.
>unexpectedly dies
>Wallet is dormant with BTC worth double digit billions of USD - Even when BTC crashes
>Lower-Middle class family he left everything to can’t access wallet.
>Reach out to very very rich people about situation.
>Finally get someone’s attention.
>Let’s make a deal.
>Amount of computer power being used to crack wallet is ridiculous.
>Current ETA 3 years, assuming no additional processing power is added in effort to crack encryption.
>but additional processing power is constantly being added
>Family doesn’t understand this computer money.
>Can’t wait to cash out and get those sweet federal reserve notes
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>>219216099
You cant ban bitcoin you retarded boomer
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>>219216532
Anyone who honestly sees this as anything other than bullish for bigcorn is not thinking about why Trump is saying this...
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>>219227227
That's not how a bell curve works.
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>>219224781
Fuck off with your boomer kike paper, crypto is the future
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>>219230351
>How can you ban something that is designed to be unregulated in the event of a ban?
Simple, retard: Your "decentralized" stupid meme money can't buy anything IRL, so it actually relies on highly centralized exchanges. Any government that feels inclined enough can simply ban the operation of such exchanges and block the access to foreign ones.
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>>219216099
2020 ELECTION FUD [1] + LOOMING RECESSION [2] + GLOBAL SOVEREIGN DEBT BUBBLE [3] + MASSIVE DERIVATIVE BUBBLE [4] + CHINESE HOUSING BUBBLE [5] + YIELD CURVE INVERSION [6] + PIGS INSOLVENCY [7] + 8 YEARS OF SUPPRESSED INFLATION [8] + RETIRING BOOMERS CASHING OUT THEIR 401(K) [9] + UNFUNDED PENSION CRISIS [10] + ACTUAL UNEMPLOYMENT RATE > 20% [11] + HOUSEHOLD DEBT AT AN ALL TIME HIGH [12] + STOCK MARKET VOLUME DRYING UP [13] + MONEY VELOCITY AT A 60-YR LOW [14] + CORPORATE BUYBACKS BOOMERANG [15] + HELICOPTER MONEY TAKEN SERIOUSLY [16] + NEGATIVE INTEREST RATES [17] + LIQUIDITY TRAP [18]
>>
>>219224387
Don't let the retarded bootlicking /pol/acks know about our stinky linkies.
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>>219216099
Trump is another technophobe boomer? imagine my shock
>>
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>>219216099
He know's dollar is about to collapse but as a boomer has no understanding of bitcoin, so he's afraid of it.
Bitcoin will cause the great shift in global wealth. The current "elites" are about to lose everything they have, and nerds will become new elites.
The nerds though are pigs, like the bagel shop manlet, they just want to make life miserable for everyone else. Just like their life was when they got bullied at school. And they're the pedo wankers, j.o. to lolis.
This is not going to be good shift for anybody.



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