Why didn't /biz/ just trust the plan?
>>61826689Majority of zoomers and younger millenials distrust boomer asset classes, and are too retarded to rotate into anything that isn't imaginary dogshit. They thought they knew better.
>>61826708Oh I get it now. You and the other mega boomers have a huge ego attached to the hope that Bitcoin will fall because you desperately latch on to the belief that older automatically means wiser
>>61826753
>>61826689When will central banks start buying crypto? Gold and silver aren't any better. It's just got proven.
>>61826753https://www.youtube.com/watch?v=FnKrMKo_WlUhttps://www.youtube.com/watch?v=xX21rnDV-oohttps://www.youtube.com/watch?v=IdNnsk_KgFo
>>61826753>says the person who's ego won't let him buy 'shiny boomer rocks'
>>61826708Kys boomer
>>61826689schiff has the highest iq of all finance grifters by far, but he was still wrong about bitcoin for the last 15 years
>>61826689Using a physical Golden Coin to represent shit tokens. Why do all the shills do this? Play pretend all you want, 1s and 0s will never be real tangible assets. The Lie is in the very representation of it, why use a PHYSICAL GOLDEN COIN to lie? Kek, kys, and TKD.
>>61828358>He was "wrong" until he was actually right the whole timeYou dont say...
>>61830142He will be wrong again in couple yearsbroken clock, i remember this guy sholling gold 10 years ago and if u lostened to hom back then thats 10 years of horseshit
>>61826708The value of gold is imaginary. It was determined by centralized markets, most notably the jewelry industry. Gold is good in tech in minute amounts for corrosion resistance, however it’s already being substituted by cheaper materials like palladium. Plus advances in tech mining are uncovering tonnes of more gold so the value will never skyrocket. It’s safe. That’s why boomers like it. Bitcoin’s value was at zero, but was 100% determined by a decentralized market. It’s pure value is in its honesty and scarcity. Don’t underestimate the intelligence of us Gen X to Z. Either investment is a safe bet with the untarnishable Bitcoin being the better one
>>61829969It's called goygold for a reason.
>>61828358Tell that to my friend who lost 50k in crypto nerd. Only way one person makes money in crypto is if someone else gets fucked.
>>61826689What's the plan again? Buy gold?
>>61827137why would anyonethey fucking suck and don't do anythingyou instantly get washed by like 10% of your starting investment, and historically their CAGR is dogshit and barely beats inflation. You pretty much just sit on them until the once a decade or so rally. And even then, all you can do with them is sell them for fiat or sit on them for another cycle. The fuck's the point? I can do all of that with crypto without getting washed 10% instantly, with extra liquidity and ease of sale, and easier and safer storage.Face it, you're just holding rocks for a "greater fool" one day too.
>>61830370Gold has been valuable for thousands of years. Proven store of value. If you dropped a gold coin on the street a crowd would rush to pick it up. And it will always be that way.
