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/pol/ - Politically Incorrect


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The economy (Bitcoin) is collapsing
What are the political implications of it?
>>
>Oh no my unbacked pseudocurrency that is used for nothing but speculation is losing its value!
Good, let it all go back to Zero.
>>
>>536445822
intrinsic value is at ~48k~55k now
I'm DCAing hard boiii
>>
>>536446729
Where do you have money from ?
>>
>>536446548
It's backed by faith.
>this time surely it's going to 0
definition of insanity.
>>
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>>536445822
The question is, "how much of fort know got "converted" to bitcoin before the crash?"
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>>536447433
Fort knox, I mean.
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>>536446838
A fucking job, retard? Lmao
>>
Good
I hope all the cryptobot scammers around the web lose their ass
>>
>>536445822
>collapse
opportunity knocks
>>
>>536445822
> consumer prices on computer hardware down because no one buys
> crypto crashing as people sell
its a recession
>>
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>>536447492
It couldn't be me
>>
>>536445822
What's the economy of it?
I still don't understand how USA has allowed Tether to print money for 10 years now.
>>
>>536446838
my state alone is twice the gdp of your country
>>
Should have bought Trump's memecoin instead, tranny.
>>
>>536445822
Bitcoin is the meme that refuses to die
>>
bitcoin was created by chinks to try and get rid of the petrodollar
everyone knows this by now and financials have been given tons of fake money by the fed to buy it up to the point where they have pretty much complete control over it now
its days are numbered
>>
>>536451723
I saw Cidade de Deus in the early 2000 and haven't found out anything about Brazil since then
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>>536445822
I hesitate to say this because I don’t want you fags to spam it everywhere else but btc is moving to be dethroned and flipped by ETH and XMR(read: better POW chains). It’s been a literal decade plus waiting for this to happen and now it’s finally starting.
>>
>>536452184
>everyone knows this by now
I've read tons of articles and watched documentaries about the origins of Bitcoin, including speculations about its inventor, and this is the first time I hear this.
>>
>>536445822
Of course it is
This has been coming since the orange retard started this shit in Iran
Legit the worst move ever
Just as everyone is getting optimistic that they had prevented a crash due to the retarded lockdowns
Boom 2 retards decide they will start a war, Biibi to try and get out of his trial hearings, Trump because he is a thick easily lead cunt

Here we are
Now institutions are selling of their most liquid assets to cover loses (bitcoin)
Private credit lenders are restricting redemptions because they cant cover non-payments
Hasset is literally trying to convince people that maxing out credit cards is a good sign

Art of the deal
>>
It no longer has any purpose. Sell now while it's still overpriced.
>>
>>536453686
it's a good thing that you are ignorant towards a country that could fit 35 Romanias in it
>>
>>536457088
Russia could fit more but still be poor and undeveloped as fuck
Size doesn't say much about how well the people live
>>
>>536457088
So what's going on in Brazil currently ? What's your life like ?



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