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/biz/ - Business & Finance


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30212440 No.30212440 [Reply] [Original]

As title asks, is my money safe when shtf in BTC like silver and gold?

>> No.30213945

>>30212440
Depends on the amount of shit, i mean you saw the price of bitcoin going down with the "crash" of the economy.

>> No.30214034
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30214034

>>30212440
RSA encryption will most likely be cracked within the next 5 years!

cryptos including shitcoins are essentially going to be worthless!!! shitcoiners and crypto faggots are about to have their ass raped!

PIC RELATED!

https://en.m.wikipedia.org/wiki/Claus_P._Schnorr

he is not a random schizo!

>> No.30214203

>>30214034
What does RSA have to do with Bitcoin? Isn't this another /pol/tard schizophrenic meme posted from a windows ME shitcomputer because you bet on Drumf to win the election instead of Bitcoin?

>> No.30214887
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30214887

>>30214203
SHITCOIN VS SILVER

Shitcoin is the ultimate monetary version of the emperors new clothes meme to the extreme! Consider the following:

1) Shitcoin protocols are open source, anyone can clone a shitcoin network. Think of email protocols, hotmail was one of the first. BTC is no different. Nothing special. Just like the 90s people did not have email accounts and a hotmail account was a novelty.

2) Silver, a rare precious metal. Limited availability and mission critical for a range of industrial applications, especially IT hardware. Without silver there is no shitcoin network.

3) Silver mining vs Shitcoin meme mining:
Thousands of tonnes of ore has to be processed consuming massive amount of energy and labor to produce just an ounce of silver.

Shitcoin meme mining is just a computer algo puzzle that has to be solved for the sake of solving to prevent double spending / fraud. Has nothing to do with actually creating 'value'. Worse, it actually removes value since crypto mining takes up a ton of electricity.

4) ZERO PRIVACY + centralized mining: public ledger + blockchain + globohomo ispyonu24/7 device = shitcoin can be seized anytime anyplace by globohomo!

5) WALLETS AND EXCHANGES HAVE BEEN HACKED! SILVER CANT BE HACKED!

6) GLOBOHOMO BANKSTER PERVERTED LOGIC: Shitcoin pricing vs silver pricing

Shitcoin is priced at 50K, projected to reach a million plus while silver is projected to sink to as low as $15/oz by the banksters.

Gee I wonder why? Without cheap electronics there is no shitcoin meme mining gear or low cost PCs, laptops, smartphones etc to transfer shitcoins to each other.

TLDR: Shitcoin is the new emperor with no clothes, while Silver is both a monetary and technology metal...the new 'gold' without which there is no IT industry, EV, solar panels or the Green new deal. Without cheap silver big tech Globohomo dies! PHYSICAL SILVER = BITCOIN circa 2011/ 2012...A STEAL AT $30/OZ!!!

>> No.30215053

>>30213945
interestingly if you look at the march 2020 crash now it barely stands out on the chart.

>> No.30215187

>>30214034
>>30214887
Fuck you silver schizo. Bitcoin doesn’t even use RSA and even if it did, RSA isn’t broken you fucking numbnuts

>> No.30215489
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30215489

>>30215187
shitcoin uses RSA for its wallets private key public key architecture faggot!

>does not even know this and shilling for crypto on /biz/. You must be a paid low IQ pajeet poo...amirite?

>are you doing the needful?
>thank you, come again!

>> No.30215730

>>30215187
retard

>> No.30215819

>>30215187
ironically if it weren't for licences at the time btc would be built on Schnorr signatures

>> No.30215986

>>30215489
your shorts will get obliterated this year cope

>> No.30216004
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30216004

>>30215187

>educated yourself pajeet

>> No.30216175
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30216175

>>30215986

>your shorts will get obliterated this year cope

ackshually physical silver shorting hedgie jews are our best friends and allies now! If they let the price of silver rise, their entire house of shorts collapses, so they are forced to sell discounted silver to the goyim!

>> No.30216243

>>30212440
>As title asks,
Fuck off redditor

>> No.30216378

>>30212440
it's not

>> No.30216439

No, it's virtual beannie babies.