do people actually use bitcoin and other cryptos as a currency to buy stuff? or are they just investing into it
>>488430935They just buy it and shill it to boomers and zoomers to offload their bags at higher prices
>>488430935Pretty sure drug market is still big with it. Also great for laundering money.
>>488430935Crypto is just jewish number magic
>>488430935some stores sell in it, you can buy 4chin pass in btcin salvador the integration is furthest along but the general idea of BTC vs other currencies is more of a long term currency.it currently occupies the same niche as people who hold gold to protect from inflation. as bitcoin has a fixed limited supply
>>488430935my plumber (btc only) and lawn service (btc, ltc, xmr) both accept crypto
>>488430935I just traded my bitcoin for gold bullion.
>>488431477I wonder how a skyrocketing price affects actually having a means of exchange in El Salvador. Seems dumb to spend money when it’s worth more the next day.
>>488431477There's also a finite supply of cryptos that are completely worthless. People also have to buy into the ponzi scheme ans believe in it. One day the music will stop and bitcoin = 0.
>use gold for trade>too cumbersome to move>layer 2 gold (paper money)>everyone just uses the layer 2>Eventually drop gold >use BTC to trade>too high gas fees to actually use, especially when mining ends>layer 2 BTC>everyone just used the layer 2>...
>>488431923This seems inevitable as there’s an infinite supply of crypto with a finite supply. Bitcoin being the first mover doesn’t hold the infinite economic weight that bag holders push. Thats literally its only unique selling proposition right now that isn’t selling hype and brand utilization. An ecosystem is worth something (think Apple or Android) but it’s folly to base an economy on this.
>>488430935https://www.youtube.com/shorts/ZWIxFENFlbQ
>>488430935it's an easily transferable storer of valueThink of it like "long term money"
>>488432363https://www.youtube.com/shorts/fCbOuOBA7iU?app=desktop
No thanks. After seeing these kile shills show their true colors, its not worth it having wealth be censored away into the void.
>>488431897massively, salvador is topping the search volume for bitcoin for weeks now.that being said their government bought at the last cycle top which put them under for a few years now. i guess now that its a new cycle salvadorans are starting tog et interested.>>488431923btc is unique, same as you can make up your own dollar tommorow it wont be an authentic usd and no one will sell you anything for it.i expect over the next 20 years it will mostly replace the USD in most of it's uses. companies are already holding it instead of USD on their balance sheets to reduce inflation exposure and blackrock is recommending it as a hedge against other assets going down in value.
Nobody answer op. This is a fishing thread
I buy gift cards from poojeets and pay for my online services with them to get turd worlder discount
>>488430935I use it to buy dollars for free.
>>488430935>do people actually use bitcoinIt's an asset you accumulate and use for leverage to buy other assets. It's like getting a reverse mortgage on your house except bitcoin isn't a house so when they take it away your basically just having a line of credit cut.
>>488433424I expect it to fluctuate and and at some stage crash. Dont know when though. Could be soon or far in the future.
The big problem with crypto is that the government doesn't recognize it as official currency. You can't pay their thugs off with it.
>>488434863governments, pension funds are holding a lot of it and they cant exactly panic sell. microstrategy keeps buying it and now trump's strategic bitcoin reserve will buy a ton.if anything BTC volatility is going down not up it's becoming more stable every cycle.this cycle i think it will go 150k-250k in 2025 and then go down to sub 70k in 2026 until the 2028 halving cycle. if you're smart load up on BTC in 2026-2027
>>488436082It only has to crash once and everything has crashes.
>>488436082Also if it goes up forever that makes it infinitely valuable which is fucking stupid which means the idea of it going up forever is a stupid one.
>>488430935>1 post id by this memeflag jewback to r3ddit
>>488436512well it’s valued in fiat currency and the amount of fiat currency goes up until it collapses in on itself. no one will trade goods, precious metals, or land for bitcoin when fiat currency dies. people with bitcoin will argue against that but they will find out the hard way.
>>488430935Speculating us the right term
>>488431923They are less than worthless as they use energy
>>488436588calm down mate im just curious about bitcoin as im hearing about it a lot recently
>>488431477>. as bitcoin has a fixed limited supply>>488431923>There's also a infinite supply of cryptos that are completely worthless.About 1000. It takes a day to copy some code to create a "new" shitcoin in some cases .> People also have to buy into the ponzi scheme and believe in it.Yeah , basically tulips bubble. What the jew is saying is also bullshit. You can open code base in hex editor, replace some 0-oes with 1 and get yourself a lot more bitcoins.
>>488436744This also leads to bitcoin collapse. Let's say they are right and it goes up in value forever and replaces money, you generate the worst recession ever because it becomes the rational thing to do to just buy bitcoin and nothing else since its making you rich. Spending would stop, people sell some bitcoin or trade it for goods and services and it starts to fall.I'm guessing it goes up in the good times and crashes in the bad. It would need to be a pretty bad recession. So buying bitcoin is a gamble that you can predict recession maybe?
>>488430935Used to, when Bitcoin was cool. I bought soooo many drugs when they were cheap as shit. The the Jews got involved and it went to shit.
>>488437181>Spending would stop, people sell some bitcoin or trade it for goods and services and it starts to fall.Nope, but capitalism would break as holding cash might have a safer return/risk analysis than investing
>>488437443If everyone did nothing but buy bitcoin there would be a recession. No one would be buying anything and no one would need to work since they are all "getting rich".
>>488436082The banks and the jews run some bots to make sure the bitcion and other shitty cryptos look like they all have value (crazy value) and trading volume. Most of it is a fraud. Bitcoin is somewhat unique as it was created by the feds as a ledger that is public and likely easily trackable by the called feds. However, the same feds can use it to launder money and for gray / dark operations. So. The value isn't that there's an inherent value, like in gold and silver. It's just a massive tulips bubble that is a testing ground for banks own CBDCs, central bank digital currencies.
>>488437526>No one would be buying anything and no one would need to work since they are all "getting rich". quick. And that , my Irish friend is a definition of a classical PONZI SCHEME.
>>488430935Any crypto currency is as useless as NFTs
>>488437526People don't work that way otherwise everyone would already invest all their money to get rich
>>488437777
My dad had a house in Costa Rica that he was too old to care for. But Costa Rica is real hard to get your money out of, so he used Monero to move his cash from there to here.
>>488430935XMR is a real currency for buying illegal stuff & money laundering
>>488430935Some local governments accept it now. https://detroitmi.gov/news/detroit-become-largest-city-us-accept-cryptocurrency-payments-taxes-other-fees
>>488437181recessions and economic collapses are manufactured to siphon the wealth from the middle class. bitcoin can’t replace money because the people who control the money won’t allow it. they can always buy all the bitcoin to control the price the same as they are doing with housing. people don’t understand market caps. they don’t understand that there isn’t 1.7 trillion dollars backing bitcoin. when elon musk bought twitter, he used tesla stock as collateral to borrow money rather than selling stock to buy it because selling would collapse the price. there’s already enough bitcoin in the hands of financial institutions to raise or lower the price as much as they want whenever they want, and midwit investors will always buy high and sell low. it is just another way to control the everyman’s money. the few success stories are always paraded as the norm but the reality is most people lose money, because it has to be that way. financial assets like crypto are parasitic in nature. they create no value, they exist only to siphon wealth from investors.
Of all the blowjobs in the whole wide world
>>488437526There won't be enough btc for everyone to buy while everyone needs to consume for their basic necessities
>>488431477wow an actual Jew being honest.
Crypto is judaism, plain and simple.>>488433132jews changing their id to populate the thread again
i use monero to buy steam wallet keys, vpns, also consider using it for hosting and domains.i've used eth on base to pay for my 4chan gold account
>>488438084Isn't btc (practically) infinitely divisible?
>>488430935 mwmeflag>actually use bitcoin and other cryptos as a currency to buy stuffNo.They do not.No one on planet Earth goes to a major chain grocery store and purchases a cart full of goods from there using cryptocurrency.No one goes to a corner convenience store and purchases a pack of cigarettes, using crypto currency.Although the original intent of btc when created, was to offer an alternative currency denomination to the world's major debt note fiat currencies issued by central banks, after several years of its/their introduction nothing changed.Cryotocurrencies by the mid-2010s became nothing more than another speculative instrument market (with a relatively small overall market cap compared to other assets, and within it dominated by 'whales', or the biggest major holders/early adopters of crypto) within post-1970s Financialization of the global economy overall.As regards individual citizen non-institutional crypto mkt participants/investors, it's attractive for its 'sound money' notion as "alternative" to debt note fiat currency denominations. That's who falls for/buys into it'muh Crypto' in 2024 has absolutely nothing to do with being an actual transactable currency unit/denomination that would serve as bulwark against central bank debt note fiat currencies----as was its original 2009 intent----and is solely a niche speculative instrument market for people and institiutions with the illusory fictive notion that they are participating in an "alternative" currency, when the crypto market is now nothing more that a gigantic casino like all of the post-1970s Finanialized global economy.
>>488438007>he used tesla stock as collateral to borrow money rather than selling stock to buy it because selling would collapse the price.If he did that then he's a retard because the price collapsed either way
The kike jannies are indebted to crypto so much that they allow memeflag spamvertising while immediately removing posts that threaten crypto with the truth: its a means of censoring wealth
>>488438084Literal retard-tier argument that even a Brazillian can debunk.Everyone gets Bitcoin at the price they deserve.For you probably $2 million+
Thread was nuked within less than a minute just for exposing that crypto could freeze your assets.
>>488438502Yes, but in the end very few will have enough btc to live off the gains alone
>>488438691the price dipping a bit doesn’t compare to the mass sell off that would happen if people believe the majority stock holder is selling off his shares
>>488430935they are visa cards for certain cryptos and certain companies allow you to use different cryptos than bitcoin to make these payments
>>488438994It dropped by 2/3rds
>>488439067those cards convert crypto to fiat and pay with that. they don’t pay with crypto.
>>488430935/biz/ blocking all the brown scammers really shit up other boards didn't it.
>>488438808Elon Musk is going to steal everyone's bitcoins for the DOGE
>>488436512It can go up as much as other currencies go down. If the dollar suddenly lost 99% of its value, the dollar price of bitcoin would obviously go up. Previously its reached higher highs during increasingly lower interest rates. This time is the first when rates are higher than last time, meaning anyone buying on leverage is taking a larger risk. This time genuinely is different but exactly what that means is impossible to know since this is a completely wild and almost entirely unregulated asset that bought and sold 24/7 both on and off official exchanges with every imaginable kind of investor involves.
>>488439133how do they afford the fiat then?
>>488430935Anybody telling you to buy in now does not have your best interest in mind, they're merely trying to sell you their bags.
>>488439128but then it went back up because regular investors didn’t lose faith. angry jews trying to punish elon for taking twitter from their control isn’t an actual reflection of the real market. then again all markets are fake and gay.
>>488439347it was always fiat, you retard. they never actually bought your crypto for you. they just hold your money and charge you fees.
>>488439313It's going up on Trump hopium
>>488439825When you buy crypto you are loaning the jew your cash in return for a claim to an entitlement (in the form of digits on a screen). By erasing your wallets, they have deleted the loan, which removes any digital dollar obligations: no lender (you) no debt to pay back (your cash)
>>488436392same for the dollar, euro ... the difference is you dont have anyone printing trillions whenever they feel like stealing the value of any currency you hold
>>488430935>>488431073>>488431098>>488431141>>488431477BTC is a hedge against inflation currencies and powercreep, like the Dollar.Passive uncirculating fiat reemerges at unpredictable intervals, which helps obscure the true inflation.BTC is fixed and takes into consideration the passive storage ahead of loan and bond values, meaning greedy utilizers of the BTC medium can be frozen out or rugpulled by all other participants.It's like a public powergrid where the whole point is to steal voltage when needed, and spike voltage from your own source when you want them to sell on your saved up green candle.It works because it is counter intuitive.
>>488431098it's horrible to launder money, cash is a thousand times easier. do you even know how money laundering works? no bank will just accept your bitcoins, in any amounts.
>>488430935No, you don't sell. Just borrow money on it.
>>488440067It's completely normal for US election to boost markets due to uncertain. Its not about Trump specifically just like last run wasn't about Biden winning in 2020.
>>488436512yesyou will need literal tons of dollar bills to buy a single bitcoin 30 years from now. because USD will be zimbabwefied, just slowly.as for the actual worth of BTC vs lets say gold it will stabilize over timehttps://charts.bitbo.io/btc-gold/
>>488440201he’s not talking about crypto wallets, he’s talking about platforms like crypto.com that don’t buy your crypto until you remove it from their system.
>>488430935>do people actually use bitcoin and other cryptos as a currency to buy stuff?its a very fast and secure way to move cyber-credits to someone outside your banks network, few minutes instead of 1-7 days and you can create a wallet for receiving transactions without internet connection, just a computer is enough
>>488440849>secureto clarify, this does NOT mean private
>>488436744>no one will trade goods, precious metals, or land for bitcoin when fiat currency diesYou're a fucking idiot if you think someone is going to trade you Goods or Property for Bitcoin when fiat dies
>>488440849what do you do when the power goes out?
>>488438507>'muh Crypto' in 2024 has absolutely nothing to do with being an actual transactable currency unit/denomination that would serve as bulwark against central bank debt note fiat currencies---->as was its original 2009 intent---->and is solely a niche speculative instrument market for people and institutions with the illusory fictive notion that they are participating in an "alternative" currency, >when the crypto market is now nothing more that a gigantic casinoAnd a tulip bubble / ponzi scheme . Correct. Also a dry run by (private) central banks of their future digital currencies, CBDC: >>488437620So the real speculation is which 3-5 of the 1000+ shitcoins are going to be making speculative returns while you (since you don't have a direct line to bankers) can jump in and out with profit. Until 998 of them collapses / goes to 0 and 2 that are owned by banker insiders are used as CBDC prototypes. >what I am seeing also is that some random bitcoin / crypto billionaiers who talked too much got culled / randomly died , >makes sense if you are a massive globohomo banking entity centered in Switzerland , London, Paris and New York City that is going to test and later launch new currency. >You don't really want too many winners who aren't you.
>>488440289Top kek
>>488440954I guess everyone on the space station will eventually suffocate if we cannot restore operations
>>488437178you cant get yourself new bitcoins, its simply mathematically/physically impossible. this is the reason so many people trust this protocol.if you had infinite computing power you could manipulate it but its realistically impossible.if it was so easy you'd do it now and be a billionaire
>>488440945that’s literally what I said.
>>488440738Iv bought property and ill sell you one for a few million bitcoin if your dream comes true.I havnt kept millions in cash. Lmao.
>>488438808>freezes your wallets then removes them entirely
>>488441196i know i'm just reiterating Though you're wrong about PM's just going off history
>>488441142the iss is already ruined because of that one dyke who kept sabotaging the toilets because her gf dumped her and they wouldn’t let her go home early.
>>488441313all I said about precious metals is that anyone with precious metals won’t sell it for bitcoin when fiat dies, and the only reason they do now is because the fees allow them to buy more precious metals than they sold.
>>488440307BTC is a fuck-you to the US FED printing money and giving it to the banks that caused the 2008 crash so their managers can all get fat bonuses while everyone else suffers.it's uniqueness is it's the first digital 'thing' in human history that is scarce/finite.its the only easily transferable form of money no one controls but everyone's getting on board of.
>>488441194Anon you are trying to jew the guy who have been in software engineering for 25 years. You simply can't jew me:>>488441109>infinite computer blahAnon. What are CLOUD DATA CENTERS? Who has the most number of cloud data centers? Does a cloud data center have enough computing power to take over whatever it needs - 50% or what - of computing resources to take over any shitcoin? Who has massive clusters of cloud servers just in USA: >CIA>NSA>US marines>IBM>Amazon>Google>Apple>Microsoft >Netflix - huge movies cloud>4-5 american universities>some big hosting companies >some big banks>some big pharma companiesSee anon? You have 15 companies with massive computing power before you even get to anybody.
Dollar cost average $100 or $200 or $300 a week like we've been telling you fags to do for YEARS. Every week throw some down on bitcoin and don't look at the price. This a long game and you'll outperform inflation and the sp500 easily.anyways you fags probably won't listen just like you didn't listen the past 10 years
>>488441996if bitcoin was a big fuck you to the fed, it would operate outside the fiat currency system instead of acting as a sponge to absorb excess fiat “printing”
>>488442075>>US marinesBy that I meant Air Force, hello Eglin.
>>488441996>everyone's getting on board of.peak delusion
>>488442075>Who has the most number of cloud data centers?>Does a cloud data center have enough computing power to take over whatever it needs - 50% or what - of computing resources to take over any shitcoin?problem in the plan sir, GPUs are woefully inefficient for the job compared to designed-for-task ASICs
>>488430935The only use I can think of is to buy shit on the internet without having to mail silver coins.
>>488430935No, it's a purely speculative investment vehicle with no real world value. It's all one big scam and eventually the rug will get pulled and anyone dumb enough to actually have thought crypto is the future will be left with their dick in their hand
>>488430935Speculating. Its not investing.
>countries buying gold at record amounts because USD and financial system is cratering >need to steer the goy away>here goy take this shiny coin, which is not a coin at all, even though we use pictures of gold coins. Just buy these ones and zeros and we will pump it so all you goy think it's a good investment.>no goy there are definitely no back doors lol lmao evenExplain to me what value Bitcoin has without pointing to the dollarno Bitcoin maxie has yet to answer this, everytime i ask the conversation ends. Sometimes they'll say "independence, pre-digitized, borderless, portable, un-takeable" as if that's supposed to mean anything but those aren't real answers, and when i point that out the thread gets archived.If you don't hold it, you don't own it. Simple as.>t. I bought gold and btc March 2020. Sold my btc a couple weeks ago and turned it all into gold
>>488442294The problem EVEN IN THE WORST CASE WHERE I AM NSA and I am too dumb and stupid and I don't have back doors in every windows computer/ server and in every branded internet router where traffic passes through. Even if I am just too dumb and lazy and don't have backdoors, trust us guys democracy blah blah. Even at that. Do you think a random Google cloud or Bing or IBM whatever, doesn't have a capacity to take over half of the volume? Are your shitcoin mining servers sitting in one of my data centers? >shit you just lost power
>>488442472>no real world value.it survives confiscation and can be smuggled out of the country where land is seized and gestapo finds the gold inside your jacketthey cannot get it out of you even if they literally slice your brains
>>488442642Conveniences =/ real world valueAnd something that is convenient is rarely valuable
>>488431098The "markets" use monero now
>>488442822I am a farmer and theres a seed bank selling seeds -50% off for crypto
How else are you supposed to buy drugs?
>>488442642so the only benefits of bitcoin is that it’s not real
>>488442898>i’m a farmer>crypto is the futurekek
>>488442936>so the only benefits of bitcoin is that it’s not realthat usually doesn't stop things from happeningCalculating Space (German: Rechnender Raum) is Konrad Zuse's 1969 book on automata theory. He proposed that all processes in the universe are computational.[2] This view is known today as the simulation hypothesis, digital philosophy, digital physics or pancomputationalism.[3] Zuse proposed that the universe is being computed by some sort of cellular automaton or other discrete computing machinery,[2] The Z3 was a German electromechanical computer designed by Konrad Zuse in 1938, and completed in 1941. It was the world's first working programmable, fully automatic digital computer.[3]Thanks to this machine and its predecessors, Konrad Zuse has often been suggested as the inventor of the computer.[14][15][16][17]
The value of bitcoin is the network. A whole bunch of people and resources support the btc network.That's the definition of value: it's just a mass consensus backed with resources. The NBA is more valuable than the WNBA because more people care about it and aee willing to put their wealth into supporting it, even though they're both pro basketball leagues, the NBA has the stronger network, which validates its value.
>>488442898>I am a farmerno you're not
>>488431073fpbp
>>488438808jews claim crypto cannot be confiscated as they censor you for mentioning that crypto cold wallets can be deleted
>>488440307kys shill
>>488442157it does operate outside the fiat system, no one can print it. if you hold a single BTC you will never have less than 1/21 000 000 of the supply. it will never inflate atleast back in the day the governments had to mine gold or produce coins to devalue your money. now they can do so with 0 cost to them or effort on their part.
>>488430935literal ponzi scheme scamshills tell you to buy it so they can earn something but most of them will end up with nothing god knows whos at the top and owns the most winkelwoses?
>>488443112>no you're notnon-stop around the year for over 10 years
>>488443025>and this is why my pretend goycoins are worth more than gold
>>488442898>Seed bank>Crypto discountyou grow weed don't you?
>>488443296just because something doesn't physically exist doesn't mean its not real
>>488443406>you grow weed don't you?I am a farmer, soldier and a computer programmer
>>488443216>limited number of pretend coins>this gives them valueit really doesn’t. it’s just another fiat currency designed to soak up other fiat currencies.
Crypto is not scarce at all. Its a means of wealth censorship thats marketed by jews.
>>488443501the jew fear the finnish hyperwarrior
>>488443408it's not just that it doesn't exist, it's that it doesn't serve any real world use, bitcoin doesn't do anything outside of just "existing" digitally and taking up resources to create and support.
>>488443408>just because my money doesn’t exist in reality doesn’t mean you shouldn’t give me things that do exist in reality for ityes it does.
>>488443626they act like a receipt for expended energy is the same as a charged battety
>>488443408That's true, there's no such thing as a gay gene but you sure as fuck are a gay nigger
>>488443626>>488443758I can transfer crypto in minutes when my bank transfer disappears into a black hole for days
>>488443868i don't get it either
>>488431715probably a smart choice.
>>488443161If you don't hold it, you don't own it. Simple as (they will own nothing and be happy)
>>488442602if you can store it securely gold is a very good asset to hold long term (atleast until we get to asteroid mining becoming viable inflating gold by a lot)i have some personally but i think for the next 10-20 years taking BTC instead is just an IQ test. if you have enough patience for a BTC cycle of 4 years you can reliably outperform any other asset class.literally just close your eyes, dont even look at the bitcoin price. buy it a year before halving and sell it a year after halving and you will outperform any stock and bond that 90%+ of people are investing in. when the diminishing returns flattern halving cycles too much in 10-20 years just buy it and hold
>>488431715certified genius who will actually survive the great reset here
>>488442602Id put this down to a rising China than a falling dollar. Countries not friendly to the US want a way to trade among each other and with China without their dollars just being confiscated by the US.
>>488443882I can transfer gold and silver by dropping it in someone’s hand and then they give me what I purchased.
>>488443592>This supply limit is likely to have the most significant impact on Bitcoin miners, but it's possible that Bitcoin investors could also experience adverse effects.Kek, once the limit is reached the market is going to implode when everyone realizes it's fucking nothing and there's no more of it coming ever again. You can't eat it, you can't live on it, you can't produce anything from it, you can't hang it in your house, it's just nothing. People will stop and look at all their bitcoin and finally realize "what the fuck am I gonna do with this?" and then the game ends.
>>488444045>own nothing and be happy while we collapse the market, goy>god made everything for us, not you
>>488444113and gestapo confiscates it from you when they search your belongings
>>488443521it doesnt 'soak' anythingand its not fiat by definition.the only reason fiat has any value is the government that issues it forces you to pay taxes in it. it has worth because people agree it has worth, it is bootstrapped. it's the same with bitcoin, you may say it's worthless but if i had 100 right now i'd buy a lambo and a house
>>488444254this might be a difficult concept for you but not everyone feels like their only choice is hide in a basement or flee their homeland
>the gestapoKike detected
>>488444279>it’s not fiat because people have to trust the kikes and pajeets that made it instead of the government
>>488444045>asteroid mining Lol lmao even
>>488444444FIRST AND BASED CHEKCER PILL
>>488430935Primarily investing. You can kinda spend Bitcoin, but that usually consists of buying gift cards or just using PayPal. This is all because jews subverted it a decade ago and made sure nobody would ever raise the blocksize allowing it to scale.If it weren't for Jewish subversion Bitcoin would still have instant near free transactions. Now it's basically just an investment vehicle.
>>488444444I don't know what you're talking about but fuckin CHECKED
>>488444444fiat = government issued money that is not backed by any other asset BTC is not government issued, the reason fiat is bad is not the 'backing' it's the 'issued by the government' part. they have an infinite money cheat code, in BTC no one has an infinite money cheat code
>>488444444>Leaf
>>488430935Bitcoin is centrally controlled. They need to keep the price per coin high so it never gains traction as a currency. Block rewards are insanely high and transaction fees are high too to be daily use.THE POINT OF HIGH BTC PRICES IS TO KEEP IT FROM BEING USED AS A CURRENCY!
>>488444444>Its Not flat Checkmate
>>488444444WITNESSED!!!! CRYPTO DEATH INCOMING!!!
>>488444660>bitcoin isn’t issued by government>an anonymous guy named satoshi nakamodo made it>there’s no way that could be an alphabet agency
>>488444444Based.Ever wonder why we have ridges on our coins?
>>488444752>satoshi nakamodo>translates to "central intelligence"nah no way
Bizonacci lives in Out hearts
>>488432042>>too high gas fees to actually useIt wasn't supposed to be this way.
>>488444722>>488444752Edward snowden pointed out that the nsajews have backdoors to the encryptions while midwits lap up and dropl at the term open source because apparently if paul kocher the jew cryptography kike promises there are no backdoors it must be true
>>488430935I have bought anything with a bitcoin. It’s a massive money laundering scam that wagies somehow think is a good investment when most of themlose money on it.
>>488444660Shut the fuck up
>>488444353thats one of the two examples I can think of government confiscating gold, other is the US government pick your poison
>>488444946*haven’t
>>488445028imagine doing things you disagree with because the government wants you to
>>488430935I just bought my wife a new kitchen with Bitrefill - lol fml
>>488431098>great for laundering money.Are you retarded?
>>488444874NSA put "backdoors" into some encryption algorithms used for the internet by subverting NIST. But I think Bitcoin is good as long as someone doesn't make a quantum computer powerful enough.
>>488430935it's just digital gold at this pointwill still be worth millions eventually
>>488431098Retard, Public ledger means BTC is the WORST way to launder money
>>488445284
>>488430935do you buy anything with gold, nigger? with stocks? with land?it's an asset
>>488437181It'll eventually hit a point where the gains to the upside are minimal and it behaves more like gold. Meaning it won't always be the best thing to buy and instead will be a good time to spend it on investing in other things. That won't occur until the market cap is probably 10x or more what it is now though.
>but the government totally confiscated gold dude see it says banned!This is how i know you are 100% a jew shill.Imagine believing the government went door to door. Nobody complied with the order except for banks coughing up safety deposit boxes. Leaving wealth in crypto is worse than leaving in in a safety deposit box; nobody even needs to show up for confiscation since its electronic. >precious metals: required physical force to confiscate >crypto: jews press buttons then delete your wallets
>>488445268>NSA put "backdoors" into some encryption algorithms used for the internet by subverting NIST.is funny if NSA uses millions of supercomputing time to crack my home made encryption algorithm only to discover AI generated burger recipes
>>88445430Gold and silver are actually legal tender around so here that argument is pointless.
>>488430935Just using it to flip and make some money. Taking other peoples money is what bitcoin is best used for, i never considered it being viable to purchase stuff. Crypto prices are very volatile/unstable and backed purely by speculation it would be dumb to use it as a currency
>>488445571He's retarded and knows it. That's why he deleted the comment. When I sold one of my scrap cars last year I demanded payment in gold and it wasn't an issue.
>>488444752he made it, he doesnt control it you're missing the whole point. its a truly decentralized blockchainhere's the function that checks a blockhttps://github.com/bitcoin/bitcoin/blob/e546b4e1a0c5f8db398dc0178de3404c1337d97f/src/validation.cpp#L4007
>Pretty night gownIs he talking about his 11 year old daughter?
>>488445849>bitcoin is a good thing>it is secure and decentralized >trust me, I’m jewish
>>488445852Explain yourself
>>488445946
>>488445946Tiny hat coin clipper is talking about asteroid mining lmao I'm supposed to take him seriously?
>>488445826I purposely dont give (((yous))) to shills. I omitted a number so he doesnt get the 50 cents for being a cryptomarketing spammer.
>>488445350Mistaking imaginary gold for real gold is a tale as old as collapsing empires.
>>488446223Why do empires collapse anyways?
>>488440849>very fastMaybe 10 years ago.
>>488446218I reply to them because their employers are spending money without anything to show for it since their shills just push people further away from what they are shilling. the anti-silver bitcoin bot has probably convinced more people to buy silver than andy schectman
>same two retards in every crypto thread posting the same retarded pictures when they could have bought BTC a few months ago and been significantly richer>noooo it's jewish you aren't allowed to make money
>>488446444Noice Again
>>488442075>cloud computing =/= ASIC
>>488446574kek is strong in me because I’m retarded and fascist
>>488446633Triple checked
>>488446633OmggggQuads
>>488446218>I don't reply to crypto shills because everyone who disagrees with me is a paid shill because I'm so smart people spend significant amounts of time and money to stop me spreading the best investment adviceYou realise people that hold crypto are making 3+ figures every few hours at least by holding crypto right now? I'm sure the 50c you think you're depriving them of is really hurting them.
Cold wallet deletions
>>488442602>everything with a dollar value has no value if the dollar ceases to existK
>>488444444
>>488443626The blockchain could be used for a ton of things, but jews crippled the network. So now it's just an investment.
He thinks people have made hundreds of dollars when they haven't sold their positionsLol
>dude just buy crypto please you could make so much money everyday just by shilling it please buy it broKek memeflag loser jew. No thanks on the wealth censorship.
>>488447081>No thanks on the wealth censorship.1933 gold collections.
>>488445448Reread this post, again you loser jew.
Reminder the pro silver shills ITT sit on this board all day every day begging people not to buy crypto and instead trying to sell them silver. They're jewish coin dealers who sell 1oz silver rounds in /pmg/ for upwards of $100 each + shipping, then retards buy them with the hopes of selling them on ebay. Start any thread on crypto and the same two US / Canadian flags with post the same things over and over like clockwork. They come to /pol/ because they're banned from /biz/ most of the time for shilling / trying to get people to buy silver by posting jews don't want you to over and over.
>>488444444>>it’s not fiat because people have to trust the kikes and pajeets that made it instead of the governmentThis.Besides, a number of blockchain patents for instance, belong to massive french bank and insurance company. And several london banks >incidentally french is home for globohomo>incidentally french has a massive datacenter , OVH Hosting >incidentally London is home for globohomo >incidentally London is 3rd in data centers in the worldhttps://www.visualcapitalist.com/cp/top-data-center-markets/
>>488447260>they didn't go door to door, it was just illegal to buy or sell!Retard. Meanwhile you can't steal crypto without forcing someone to give up their coins.
Meanwhile any negative threads about crypto are removed: the jew tokens are dependent on censorship and marketing.
>>488447408I don't trust anyone with a meme flag so everything you just posted is likely horse shitthe people "shilling silver" at least have the balls to show their flag
>memeflag>silver copypastaWe are talking about gold retard
>>488445448>reee there are crypto influencers paid to shill crypto>meanwhile I shill silver for free because I'm poor and I need my metal shitcoin to moon so I can stop shilling it on /pol/You're no better than a jeet on /biz/ telling people to buy catcoin #472. You're a dedicated shill.>>488447697Flags have nothing to do with investments, if you need to attack flag you've already admitted you can't contend with the argument.>>488447718None of the metal shills ITT can afford gold.
Note how the jewish marketing shill says>(you) cant steal cryptoAs a means of avoiding saying that the nsajews can erase or freeze wallets
>>488447627>I didn't write down my seed phrase properly>REEE HOW COULD JEWS DELETE MY WEALTH??
>>488445443I have the things people are hoping they can one day buy with bitcoin so I'm pretty well set.If its just a ponzi scheme you need to get in and get out and take your dollars. If its the future currency and it goes infinite then having stuff is the same as having stuff now.
>>488447802>still won't post evidencelmao
>>488447408>pay premium on PMs>pay exchange fee and $60 transaction fee on btc, plus tip
>buy crypto>wallets frozenMany such cases, its why jew memeflag shills get so angry, because their "investment" relies on tricking you into thinking you'll find another retard to sell it to for even more fiat.
>>488447923Pay Up , goy
>>488444045I think it does outclass every other asset in pure appreciation, but I don't have enough faith the party will continue unmitigated or indefinitely. The practical consumer adoption isn't wide enough. The vast majority of people have skin in the game of Bitcoin only because their ultimate objective is buying stocks, gold, property, et cetera with their profit. There is nothing wrong with this approach, except that it ignores that almost everyone else is doing the same thing. When the Fomo crashes the panic sets in very hard for the normies. Most just don't have the tech savviness to use Bitcoin for anything practical without getting scammed.
>>488447697he doesn't show his flag because he's posting from IsraelJews want you buying internet funny money instead of buying real assets
>>488446490I literally sold my (100) BTC back in late 2010 just to order dominos. I mined them with my HD 6950. Back then on /g/ that is all we did with our AMD gpus when we weren't gaymen. When it went to the moon I actually felt upset, even now it makes my stomach knot up when I look at the current exchange rate in USD. I didn't think about holding on to shit, I was only 17.
>>488448123
>>488447849>If its the future currencyBtc will never be a currency because they subverted the network. It will only ever be at best an investment vehicle and bank settlements network. It could have been a currency and much much more, but those days are long gone.
>>488448123>I didn't think about holding on to shit,Not even 1?
Meanwhile i print my own currency thats tender for garage sales, limes from downstreet, and tangerines from next door. The jew fears the physical currency. They want you to own nothing after erasing your wallets. Look how crazy the memeflag gets when the truth about crypto is posted kek.Tangible wealth>intangible wealthJust write cold wallet deletions and it triggers the jew crypto memeflag
>>488446633And? How much "mining" resources should I provide to take over an average shitcoin? 51%? Other than a few such as bitcoin etc. >your largest servers / ASIC rigs who sit in my data centers just lost power accidentally, so sad>all of a sudden my cloud data center that has 80% of recourses unused just went online. >it's over. >that's, again, assuming NSA didn't develop these mining OS-es and they don't have back doors that will stop mining for you and start mining for NSA when they tell them to. But I bet since it's a globohomo banker CBDC currencies dry run, the data centers are also controlled by the bankers. It was over before it even started.
>>488432042>>use gold for trade>>too cumbersome to movewhy are you a greedy fuck why acnt you be content and happy with the amount of gold you can carry you GREEDY FUCKING FUCK
>>488431923Bitcoin has value because people believe that it has value. Sure, you could start your own shitcoin that behaves the exact same way as bitcoin does, but it will probably never reach the same level of value that bitcoin has because nobody will want it or accept it as currency when the original bitcoin still exists. The biggest advantage of cryptocurrency is that it's outside the control of central banks. World governments can't really control the price of crypto like they can with fiat currency. Every unit of money printed by a central bank increases the value of crypto.
>>488430935BitGil>>488431098
>>488449433>Bitcoin has value because people believe that it has value.Fueled by hysteria similar to the Tulip craze
>>488449067>How much "mining" resources should I provide to take over an average shitcoin?Mostly irrelevant since shitcoins are a scam to boot.>it's a globohomo banker CBDC currencies dry runIt didn't start that way and would have been competitive to CBDCs, but it was utterly defanged 10 years ago. As I said it can only operate now as a bank settlements network due to the network being subverted and I don't see that getting unfucked anytime soon.
>>488440307BTC could have been big, but it became too regulated. So simple cash is just more convinient. It will end up just like that 4chan crypto game, from this year spring. Just not yetOr maybe I'm wrong, it will become a legit currency and be worth millions - but how likely does that sound?
>>488448038this is far more likely to happen with the USD than it does with bitcoin
>>488449645Who is Satoshi Nakamotto any why is is coin so valued?
IXI
>>488430935I paid for VPN by crypto once
>>488438217>>488443323>>488444722>>488445448Important posts that jews dont want people seeing
>>488449966
>>488449867Shh, they don't know the orbits to send subatomic partials back in time with cern yet.Your feeding the bot.
>>488450114
>>488447080And, can't.
>>488450305funny how the jannies allow bitcoin shill threads to prosper meanwhile /setf/ threads are pruned on sight
>>488450251
>>488450433silver doesn’t end the fed tho. the fed inevitably ends itself. silver is just the best way to transfer wealth to the next currency system if you can survive the time between
>>488450433Bitcoin threads only appear during high market volatility. /setf/ was a nonstop general that was basically just shilling. Silver and gold still get threads when there is volatility. We just don't need the shit constantly.
>>488450305Quick run down.A mock3+ recon jet is shot down with a ground to air missile afterbeing tracked with malware loaded to the radar though a Isreal backdoor in the satellite connection. Polit beaten hung from a bridge burned and choped up.Mossod fuck they angery. Radar gets summgled to armerica though drug trafficking routes with intet to sell to saddom on black market. Radar gets found. Can't pay you for this. Loop hole I pay you to build it in my car. I Called off the raid... Lamborghini diablo returned to base with Radar after reboot fighting with mossod. Call credit card ect cutt of war crimes attempts to kill dude and steal back Radar. $1,700 cash in your wallet...Yea, we will start a banking system with it. Bitcoin slower becomes a juggernaut.We fuck the guy who built it rebuilt a multi billion dollar radar...Omg its just like star wars.
>>488451164silver squeeze was shilling people to buy silver for profit. /setf/ are just people thinking they are more important than they are. silver is the last great investment opportunity of our generations in this fiat currency cycle, but it doesn’t end the fed. the fed can always print more money to cover the short squeeze losses.
>>488451279Indrasding
So it's always been the green matrix squares...
>>488451417Hint ?
>>488451613Nakamoto Satoshi bit coin founderMiyamoto Musashi Is author of book of 5 rings
>>488449807>>488452105>Who is Satoshi Nakamotto any why is is coin so valued?Most likely it's a group of engineers from 4 large software / hardware companies who built bitcoin prototype for the bankers . >Samsung >Toshiba>Nakamichi>Motorola.
>>488452456Fandom support...
>>488452105MM201
Swissähhh
You want to continue?Why Mr Anderson...? https://youtu.be/B-oU2xlViRQ?feature=shared
>>488430935A dude bought a pizza once with 10,000 bitcoins but other than that no, they're not really a usable currency.
>>488443188I simply stated that it's an economic AK-47 anybody can use anon, not that it's useful or inherently valuable.any nigger like yourself could wield it. I don't give a fuck for what reason you might like or dislike it.neets will get haggled around by mafias like in all of history. nothing has changed.
>>488453016I∞I
>>488453187he didn’t buy them from a pizza joint tho. it was a private exchange
>>488453309Forgot Pic Sry
>>488453462The government sucks.Mega-death to all Jews 18 guitar solos.
>>488453655Checkes
>>488430935Yes, I move crypto into mainstream sites that issues debit cards when I want to spend some of it. I use Coinbase primarily due to their fees.
To all?..Jews.Met-all-ica Trump traim coming your wayyheyyhea.. https://youtu.be/Sh5S3OxiE-s?feature=sharedAhhhh!
>>488437142IMHO Bitcoin is in the "Herbalife Point", of products, a point where the products have no strength to hold themselves up in market except as bait for MLMs and speculative bubbles, but still has enough niche utility to keep enough old users from bailing out. As it stands, out of its niche uses, being a good value reserve against inflation is the most notorious of them, and the current halving is going to correct its value back to "gold standard"-levels that gold and silver currently enjoy. "buy some and forget about it" is my advice for you, if you want to have a 3% safe haven asset >though don't ACTUALLY forget about it, you can't retrieve any of it if you forget the keys.
>>488454838>you can't retrieve any of it if you forget the keys.
>>488451675
Youre Last pump was Wörth around 6billies in tetherinos. Omg much heckin Rock IS worth 90k berry
>>488430935the latter. in fact, they are not investing, but speculating
Trump hey keys to the black car...Your the president now.12 MIB hired on standby...The Lamborghini diablo stoys are ture. What is under this hood...
>>488446075cartoonishly greedy, cant believe this is even real, we live with such strange creatures here on this earth, surreal, those feelings they have, their odd mentality, how money and riches make them so gleeful.
A land of forgotten memories.
>>488430935no, it's just a manipulated market. NOBODY use any shitcoin to such a degree to justify its value. and that includes bitcoin.
>>488456285Realm*Plane*Fractmoment*Coincidence of Spiral sum *"Cube" below triangle *Gotta dematrix Harder fren
It's just a fad...The big brown duce Megaduce.Jannies got some cleaning up to do with that shit post.
>>488456285But earth is technically correct ,wechoose to make it a miserable experience
>>488445309>>488445264>>488440326You guys are either retarded, or feds
>>488456917Jannys are transitoning after trump won the election .
>>488430935Yeah. It’s a perfect way to hide money from court judgements or jews.
>cryptoshillsI know i'm dealing with pump and dump crypto shills when nobody mentions monero - the only token that is actually used as a means of exchange, store of value and unit of account.
>>488457112The Donald's where born Twins...
>>488457777Impressive
>>488430935>>488431073>>488431098NATO, leaf, NAFO all hate Bitcoin
>>488431715ygmi
>>488458448Dat Cracka got played , pimp it
>>488458840rest in peace sweet princes
>>488430935Nigger
Bizonacci Chose Plata. RIP bizonacci :(. They dumped him
>>488444444chegged but no way a jeet had anything to do with it, it's too well designed
>>488431715should've done it on ETH chain so you can swing back and forth, or have it delivered if you so choose
Scenario 1:Bitcoin is a vehicle for techno feudalism to take society over. The tech bros already bought their seat at the table with Bitcoin.All that is necessary now is to inflate the dollar out of control and watch as Bitcoin becomes the default asset because it's fucking accessible to everyone across the world.Scenario 2:Bitcoin is a vehicle to defund the richest companies in the world. Inflate the US dollar, and pigeon hole societies richest.AI or the race to quantum computation solutions begins to claim the computational juggernaut that is Satoshi's wallet.This is all a plot by the CIA to re-establish America has a global super power.
>>488459688Scenario 3Youre full of Shit
Crypto is jewish.
>>488449733Doesnt bitcoin need more and more computer power to work over the years?Also arent transaction fees really high?Also do you really think in a crisis people wouldnt sell all their bitcoin to buy actual real stuff?I actually dont really understand bitcoin but from what I see its independant from banks, governments etc. Sounds good, but if you lose your bitcoin who is going to help you? Would bankers and payment corporations really give up that power. Im sceptic. Please counter my arguments since I am retarded and would like to understand better the bitcoin fuss.
>>488460254If you buy it you'll never leave it . Its a CryptoLodge
>>488430935No VAT and proper escrows my nigger.
>>488460315What do you mean?
>>488442107>I've been doing this but for linkFeelsbadman
>>488460254You will pay for a service like a bank to safely store your Bitcoin and they will become custodial. Except now because it's super hard to cybersecurity we better charge you for storing your money. Naturally enriching anyone who dares become a custodial Bitcoin storage company.---Flip the computer power question on its head. Forget about needing more, think about what Countries would need to do to meet the necessary power requirements of their grids.---Store in Bitcoin, transact in other currencies like Litecoin, Ethereum, Polygon, Cosmos, etc.
>>488459897You think that's crazy. Think of the most absurd thing that could happen in the next 4 years.I've got one for ya, they make DOGE the national reserve currency for the US.Absurdity is the entertainment of the gods.
