Cash it

[Anonymous No.57991067]

It’s thin air , it’s worthless
https://m.youtube.com/watch?v=IRUF0zOaZm0

[Anonymous No.57991098]

Based Dave is not done accumulating.

[Anonymous No.57991139]

>>57991067
>boomer who made it decades ago tells the current generation that he’s fucked over to sell the one thing that could bring them financial freedom

It’s all so tiresome.

[Anonymous No.57991167]

>>57991067
>>57991139
Never trust someone to give you financial advice when they made their fortune by selling their advice rather than following it.

[Anonymous No.57991178]

he's 100 percent right you limp wristed cocksuckers

[Anonymous No.57991202]

>>57991178
you boomers can rot in hell for all I care

[Anonymous No.57991210]

>>57991202
I'm 30, boomers are dumb as shit but you're even dumber somehow

[Anonymous No.57991217]

>>57991067
TONIGHT DUDE

[Anonymous No.57991241]

>>57991217
It’s in code

[Anonymous No.57991319]

>>57991178
lmao @ the fags putting shiny rocks in the same tier of Monero
one got defeated by the government and demonetized
the other is the state of the art PoW blockchain with ASIC resist and complete privacy
whoever made this is either a total fool or gaslighting because the bitcoiners hurt their gold-insect feelings

[Anonymous No.57991412]

>>57991319
monero is digital gold with all the advantages and disadvantages that entails

sometimes it is better to have a physical object you can trade over the counter

and sometimes it is better to have something you can send internationally in 10 seconds

it all depends on the situation

[Anonymous No.57992160]

>>57991067
and I assure you, he is fully stacked on btc, so HODL brothers, hear the words of the profets, inflation is real, it will keep rising stadily, like the winter creeping on the wind, HODL and get ready for the silence, winter is coming.

[Anonymous No.57992239]

>>57991067
that fucker surely has a lot stacked in crypto he's just trying for people to cash out.

[Anonymous No.57992249]

>>57991319
>the fags putting shiny rocks in the same tier of Monero

people just shitposting cuz they have nothing truly real to say.

[Anonymous No.57992269]

>>57991241
>It’s in code
is it known.

[Anonymous No.57992397]

>>57991067
who the fuck is that mofo.... wont sell and wont listen to anyone older tan half of us

[Anonymous No.57992410]

>>57992239
Yes, I'm sure this boomer can move a 1tn USD market.

[Anonymous No.57992486]

>>57991067
fuck dave ramsey, he also shitposted about nfts, and yeah they wheren't the hit they supposed to be, but i made quite a chunk of my current possition out of silly as game of this one (who is currently running).
3rd world markets represent quite a decent cash income for people like me, and man, those fuckers really love web3 games.

[Anonymous No.57992500]

He said that the us dollar is the same as gold

Why do people even believe anything he says?

[Anonymous No.57992525]

>>57991067
>dave ramsey
who actually cares about this oldfag thinks about BTC kek

>>57991202
this

>>57992486
>people like me
you mean nerdos like you

[Anonymous No.57992554]

>>57992397
this

>>57992486
web3 games are becoming a more reliable way to make some side money

[Anonymous No.57993048]

>>57992486
>3rd world markets represent quite a decent cash income
represent labor force but objectively speaking they have no money to provide.

[Anonymous No.57993054]

>>57992486
>fuck dave ramsey
YESSSS

[Anonymous No.57994068]

>>57992249
seething retard, I put monero at the top btw because it could be the world reserve currency some day

[Anonymous No.57994090]

>>57991210
>I’m 30
>30
ok boomer

[Anonymous No.57994157]

>>57994090
ok nword

[Anonymous No.57994167]

>>57991098
Kek

[Anonymous No.57994198]

>>57991067
These people all do the same "hey we didn't trust it before, but now we're on the right side of all this so give us some credit" without realizing that telling people to buy BTC at $60,000 is not the same as telling them to buy at $1,000 and their social reputations as financial advisors absolutely SHOULD take a hit for such an enormously bad call.

It's like if Dave Ramsey had told everyone "you should be 100% in gold at all times" for the past 5 years and then came out and said "ok I was wrong, but I had good reasons, so I'm still a great financial advisor, right? Right?"
God I fucking hate that man.

[Anonymous No.57994258]

>>57991067
Dave is literally an ogre. I can totally understand dismissing bitcoin when it was like a year old and nobody knows what's going to happen, but it's been 15 years, it's not going anywhere and it's literally the 8th biggest asset by market cap in the fucking world. If you were at least somewhat intelligent you would at some point check your ego at the door and have the realization that there is something real here.

[Anonymous No.57994283]

>>57994258
When you establish a brand you cannot deviate from it no matter how open you are.
>Just check your ego at the door
And lost 80% of his fan base, his company's income, his legacy, etc.
He knows what he's doing.

[Anonymous No.57994295]

>>57994258
bitcoin has no where to go man, it doesn't even work properly as a currency

increasing electricity cost for diminishing returns, supply cap, the age of bitcoin is already dead

[Anonymous No.57994331]

>>57991067
> Ok, I don't know where the 5% come from.
Financial professionals that haven't been living under a rock are aware by now that adding a few percent points of Bitcoin in a diversified portfolio makes that portfolio more efficient, boosting returns significantly more than it adds risk. At 5% in an otherwise 60/35 stock/bond portfolio, you bump your sharpe ratio to 0.96 over the sad 0.77 you'd get with a 60/40 stock/bond allocation.
Why people bother asking questions to financial gurus that can't be arsed to do any research before answering, I'll never know.
> some day it may level out and become a thing, but it's not there.
Ramsey hasn't figured out that Bitcoin can never level out. Maybe in a few years?

[Anonymous No.57994333]

>>57994295
Yes, that's why Biden and Trump have both publicly discussed endorsing it this week despite previously condemning it, every bank that previously swore never to offer a Bitcoin ETF has changed its mind and announced plans to release one, multiple developing nations have openly begun accumulating Bitcoin in their national reserves, and major holdings companies like Blackrock have come out in favor of opening other crypto-ETFs (CETFs).
>Bitcoin has no where to go
What a load of shit

[Anonymous No.57994335]

>>57994295
It's a commodity, a store of value, not a currency. You don't use it to buy a coffee, you use it to buy a house.

[Anonymous No.57994345]

>>57994333
wow, I guess if people say buy it must mean it's going up forever and we can ignore the technical analysis that doom it to hell

good one man, keep pretending you're the smartest guy in the room

[Anonymous No.57994354]

>>57994335
a commodity has infinite supply, bitcoin is an antique that has a fixed supply, it will die before it reaches that because more coins are lost than minted over time

[Anonymous No.57994357]

>>57994345
Is this technical analysis in the room with us now?

[Anonymous No.57994368]

>>57994345
He may not be the smartest, but you baghold Monero which has gone nowhere but down vs Bitcoin. You're stupider that him.

[Anonymous No.57994383]

>>57994357
yes I just explained it, bitcoin is an antique that will lose more coins over time than are minted

it also has no usecase as a currency because of this, and antiques aren't stores of value, they are collectors items

combine this with no fungibility and a highly politicized society, and the rising cost of mining for a diminishing return

bitcoin will fail within 10 years, regardless of hype, emotions or anything else you can point to

[Anonymous No.57994390]

>>57994157
Un-alive yourself

[Anonymous No.57994395]

>>57994368
I can see things on a long term timescale, that's why I always win

the gambler will have temporary success, you're implying the guy who won the lottery is a winner at life but if we talk to him in 5 years he'll have made some mistakes that someone with 130iq wouldn't have made

[Anonymous No.57994410]

>>57991067
> some day it may level out and become a thing, but it's not there.

Yes, Dave. That's the point. You want to buy things that are not firmly established yet, and then sell them when they do become established. Fckin retard.

[Anonymous No.57994412]

>>57994390
no thanks

[Anonymous No.57994432]

>>57994383
> bitcoin will fail within 10 years
Welp, that one goes on the pile too.
10 years is a weak call though. Usually, we're told Bitcoin is just about to die, if it hasn't been omae wa mou shindeiru'd already.

[Anonymous No.57994458]

>>57994295
>it doesn't even work properly as a currency
Lightning network anon.
Even fucking CashApp has a lightning wallet. It's not hard.

>cold storage for keeping the majority of you coin safe
>lightning wallet for day to day expenses
>debit card with a CEX for places that don't accept bitcoin.

Free yourself anon.

[Anonymous No.57994473]

>>57994432
well if you were capable of reading the rest of what I posted instead of just zeroing on the hypothesis or main idea, then you might be able to understand why this is true, but you seem incapable of that

many people can't make determinations based on multiple pieces of evidence I guess, they are like a dog with a 2 second attention span

[Anonymous No.57994475]

>>57994395
>that's why I always win
Always win? Is that why you baghold Monero that's only lost value vs Bitcoin for the past 10 years? You're a midwit, sorry to break it to you.

[Anonymous No.57994483]

>>57994458
no, you're a slave, I'm not, keep kycing yourself, letting feds move your money and take custody of it, I won't, I'll survive and you'll die

[Anonymous No.57994493]

>>57994335
>You don't use it to buy a coffee
I literally did last weekend though, paid 10k Sats for a latte. I also bought pho at a Vietnamese restaurant and Macrons from a bake shop. All with bitcoin. Any place that doesn't take bitcoin will take Visa and there are a number of exchanges that offer debit cards.

The future is now anon.

[Anonymous No.57994494]

>>57994475
well I bought bitcoin in 2015 and when it stopped having value I bought monero in 2020

you can do anything but refute my arguments, so I've already won

[Anonymous No.57994533]

>>57994483
Why should I care if the feds know I bought groceries at Walmart?

[Anonymous No.57994539]

>>57994494
Your Monero has gone nowhere but down since you bought it in 2020 in BTC terms. Really impressive.

[Anonymous No.57994546]

>>57994494
And now Monero has no value.

[Anonymous No.57994551]

>>57994533
you'll pay additional tax on that goy, because it was a bitshit transaction

you don't realize that

>>57994539
it's a good thing I can think on a 10 year timespan then and not a 10 minute timespan

[Anonymous No.57994559]

>>57994473
That's lovely, but every single one of the thoughtful and fleshed out articles that have carefully explained to their readers why Bitcoin was dead were at least as compelling as your thesis.
Heck, several of them have made some of the same points you did.
You can peruse them at https://99bitcoins.com/bitcoin-obituaries/
And if you're cool enough, maybe you will be listed there someday too.

[Anonymous No.57994571]

>>57994551
>>57994551
>it's a good thing I can think on a 10 year timespan
Monero is down vs Bitcoin on the 10 year chart.

[Anonymous No.57994575]

>>57994546
I can use it to buy products and services, without feds getting involved in my life

it is actual digital gold because it is fungible, has less than 1 percent inflation, so it is built for longevity

what do you do with your bitcoin, sit on it like a dildo, because you're a faggot, you're constipated, and you suck massive dicks, keep flexing though

[Anonymous No.57994587]

>>57994571
I bought monero in 2020 once I realized it was superior to bitcoin in every way

I'll still be here in 2030, please screen shot this post and don't run away when I'm right

[Anonymous No.57994596]

>>57994575
>I can use it to buy products and services, without feds getting involved in my life
Who accepts Monero? I've literally never seen a business in my city that accepts it. I see some coffee shops and some restaurants that do take bitcoin. But never have I ever seen one that takes monero.

And if you could get a debit card from a CEX, that would defeat the purpose you use Monero. Seems useless to me.

[Anonymous No.57994599]

>>57994559
well, since you weren't able to read my post and verify the information I posted, then you will be incapable of understanding the basic logic I posted

you took boomers and liberals and put them into a compilation, but they never had any logic behind their arguments

you are 100iq with dunning kruger pretending you're 130iq

[Anonymous No.57994602]

>>57991067
He's telling people to save, get out of debt, invest, and buy property......all while he sells mutual funds which is his thing.

After that, thats where the cringe starts and theres a lot of it.

Probably right about gold though. 2x over 10-15 years is a big whoop-de-do

[Anonymous No.57994616]

>>57994596
well that's good, can you buy poppy seeds with bitcoin

you're right that many cattle have been convinced that bitcoin is a currency when it isn't, but over the period of the next 10 years it will collapse, because people have to experience pain to learn things

they can never be told things that they can logically use to come to a conclusion, they have to feel pain and reality

I guess I'm just more gifted than that

[Anonymous No.57994643]

>>57994616
>can you buy poppy seeds with bitcoin
With a CEX debit card, yes.

Also you sound like a schitzo with no real argument. Just butthurt that your shitcoin is losing value.

[Anonymous No.57994663]

>>57994643
so you can buy heroin producing poppy seeds with bitcoin, I admit I'm not an expert on poppies, but can you buy a grenade with bitcoin currently

I stated my arguments earlier in the thread, I just enjoy seeing stupid people being so confident when they hold nothing

[Anonymous No.57994731]

>>57994587
>I'll still be here in 2030
lmao I certainly won't be here but yeah you definitely will be here with the same chip on your shoulder and bagholding the same narratives you have attached your ego and pride too. There is zero bull case for Monero, stop doing drugs and read books rather than the shitty circle jerk threads monerofags use to brainwash each other. If you were a louder bunch you would be worse than linkies.

[Anonymous No.57994742]

>>57994731
right, you'll be broke because you're a degenerate gambler with low iq, low verbal intelligence, etc, we could go on

I'll be here, and I'll be right, like I always am, enjoy yourself now

[Anonymous No.57994763]

>>57991067
>It’s thin air , it’s worthless

You are poor drug addicted and live in an alley.

[Anonymous No.57994770]

>>57994599
God dammit now you've done it. You impugned my vast intelligence, and therefore I must fall into your clever trap and address your doom sayings. One day I'll learn to resist those though, you'll see.

First, allow me to poorly paraphrase your points (thanks, you shouldn't have)
1. billions of sats must die, so there will be less coins over time.
2. bitcoin has no fungibility
3. we live in a society
4. mining keeps getting more expensive.

And so somehow, this means Bitcoin dies. Not 10 years ago, not 5 years ago, and not today, despite every single one of those points having been true from the very start.
Bitcoin's value has exploded over the period. But somehow, somehow, we're going to pass an inflection point past which Bitcoin just dies. Why again?

1. Bitcoin has 2,100,000,000,000,000 units of account. It can afford to keep losing large amounts of them for quite a while before it becomes the precious collector's items you envision.
2. Yeah. Proper fungibility would be swell. Other cryptos have that, and that's neat. That won't kill Bitcoin though. It could make it a bit easier to governments to momentarily shield themselves from Bitcoin and it's evils, but it won't be sustainable.
3. Darn those politicians and their attempts to regulate things. Good thing those attempts have been piss poor and at best half-assed when it comes to crypto so far. Again, they can buy themselves some time, but anything short of a world-wide synchronized and sustained effort to destroy crypto will fail.
4. That ties into Bitcoin's built-in incentives. This is quite literally what was intended to happen. Mining has been getting stupidly expensive. My HD 5770 mined hundreds of bitcoins at one point, now I couldn't milk a single sat out of it. Miners know what's going to happen, it's not hard to predict, it's in the code. They're in it because they believe they can come out ahead. Some will. Some will have to fold, just like I did, and I will shed a single tear for them.

[Anonymous No.57994778]

>>57994663
Are heroin and grenades part of your weekly shopping trips? Why don't you eat one of those grenades?

[Anonymous No.57994839]

>>57994770
the supply curve made it so it would die in the next 10 years, don't blame me for that because I didn't design it, I can only comment on what it is

if bitcoin was setup to die in 2018 I would have said the same thing

bitcoin is setup in a way that it has to double in value every 4 years to be feasible to miners

this is easy and definitely possible when bitcoin is 100 dollars, but not when it is 70k, and requires 140k valuation to be profitable for a miner

the fact is as bitcoin is currently designed it is designed to fail, I say 10 years, you might say longer, but since no new supply will ever be printed past 21 million, it will eventually fail at some point

so basically you're arguing a short term hype based argument over fundamentals, and eventually you won't find a bigger sucker to believe it, there are many people who can understand my points and will be able to switch they aren't emotionally attached to bitcoin like some people are

politicians will ruin anything that isn't fungible, and political purchases, like guns, or paraphernalia that has political thought that can be traced back to you, can be enough to entice mobs to burn your house down, actual money doesn't have this problem, this only exists when you don't have fungibility, not just politicians will target you but political opponents to your viewpoints

you cannot expect an asset to double in worth every 4 years, it is simply impossible, bitcoin isn't worth more than it was 4 years ago, it is the same piece of shit, that can tie you to the taliban and get you executed in 2 jumps

it isn't a store of value, it is an antique that has a particularly high amount of hype at the moment but that means exactly nothing

[Anonymous No.57994852]

>>57994778
grenades are useful for setting up ieds on my property, problem?

[Anonymous No.57994884]

Boomers being unable to understand things they can’t touch will never stop being funny. It’s why so many of them kept investing in dying industries while tech companies took over the whole fucking world and ballooned into trillion dollar companies

[Anonymous No.57994901]

>>57994884
stocks are something you can't touch, tech is literally a scam pump, no idea why you think otherwise

[Anonymous No.57994919]

>>57994901
Tech companies run the whole world. They know more about you and every other person on this planet than you know about yourself, and if you ever get in a position of power they will use that information against you to get you to do their bidding. That is real power

[Anonymous No.57994955]

>>57994919
real power is being able to feed yourself

cityshits cannot do this

it is a scam pump, they are vastly over valued

4chan should have a much higher marketcap than google

[Anonymous No.57995006]

>>57991067
he's such a fucking boomer it hurts

[Anonymous No.57995071]

>>57991178
Did you even watch the video you fucking retard? He literally said that bitcoin doesn't have value because it doesn't produce anything and then he said the same thing about gold. He said gold isn't valuable because it doesn't produce anything. I actually didn't know he had that opinion until just now.

[Anonymous No.57995082]

>>57995071
of course not

[Anonymous No.57995101]

>>57994493
I know you can but the Layer 1 is more suited to larger transactions, though Lightning or some other Layer 2 make small transactions perfectly feasible.

[Anonymous No.57995104]

>>57991067
God, he is so low key pissed that it's going up lol imagine his face at Christmas time

[Anonymous No.57995142]

Dave is the real Tyler Durden.

[Anonymous No.57995147]

>>57994901
Everything is a scam to the man that didn't make money off of it.

[Anonymous No.57995161]

>>57995071
>I actually didn't know he had that opinion until just now.
Must not have been paying attention then. Ramsey has always hated gold, his preferred investments have always been real estate (which he went bankrupt on buying when he was a young adult, but you must not declare bankruptcy and pay debts) and mutual funds that beat the market (which don't actually exists and when called out on this Dave can never mention any).

[Anonymous No.57995169]

>>57995147
did you sell? if you didn't sell you didn't make money on it

[Anonymous No.57995208]

>>57994157
>>57994390
>nword
>Un-alive
Wow fucking kill yourselves niggers holy shit. What the fuck is going on with this board? These must be the normie redditors that the prophecy foretold. These are dark times indeed, dark times.

[Anonymous No.57995225]

>>57994770
Probably funniest poster I've seen in a few days

[Anonymous No.57995240]

>>57994839
In 10 years, we'll be in between halving, probably in another crypto winter. The block reward will be 1.5625 BTC + fees. Is that a lot? Is that too little? It'll depend on what a BTC is worth by then, as well as what kind of fee market equilibrium is reached.
I don't know why you think doubling the value of magic internet beans would be easier when they're worth $100 vs $100,000. It was insane then, and it is insane now. It will be insane a few orders of magnitude down the line too. Remember that Bitcoin didn't start with a worth of $1, but $0. It was literally worthless. Then stuff happened. If you can't come up with a reasonable reason for what has happened to Bitcoin in the past, it's going to be difficult to make a good case for what you think should happen later.
Is "short term hype" really a convincing explanation? nobody knew about Bitcoin in 2011 except for a new greasy nerds and gross libertarians. Every 4 years, Bitcoin loses most of it value in a painfully and sustained decline. Then it gets better somehow. Is that really all tulip-flavored hype at play? Does that really account for what we've seen?
Is there any chance there's something else going on here? Oh. I'm glad you asked. Here goes my crazy pants-on-head take.

I've mentioned the incentives baked into Bitcoin earlier. Those are the true core of Bitcoin. They say Bitcoin works because of consensus, and they mistake that consensus for a set of rules enshrined in code. But it's not. Bitcoin's consensus is made of people. People manipulated by its incentives. Bitcoin hacks people. It makes them do strange and unlikely things because to them, at that moment, those things appear to be what their rational self-interest calls for. Bitcoin is a successful meme that rewards those it contaminated with money.
Now, is it sustainable? Well, about much as any of the many other perpetually exponential mechanisms our society is built on.

[Anonymous No.57995277]

>>57995240
>It was literally worthless. Then stuff happened.
Hello Money Masters Poster? Yeah get in here we got a commie

[Anonymous No.57995282]

>>57995169
Buying and holding Bitcoin is making money, you're trading fake money for real money.

[Anonymous No.57995291]

>>57995277
Hurry please he keeps making manifesto type posts

[Anonymous No.57995297]

>>57995240
bitcoin blossomed because it had an actual use, buying drugs on the darknet, then it had massive pump value, I understand all of that

but the basic supply and mining dynamics of the future make this impossible to maintain

going from 1 dollar to 100 dollars is different from going from 100,000 dollars to 10,000,000 dollars, there are things that are feasible within our economy and unfeasible

assets don't double in value every 4 years, bitcoin didn't gain double the utility or value it had 4 years ago

[Anonymous No.57995308]

>>57995282
regardless of how much usd is printed it is still basically money

bitcoin ain't, not fungybull

[Anonymous No.57995317]

>>57995169
I just realized something. You're actually here just trolling from Reddit. You're actually mad as fuck that people from 4chan are going over to buttcoin and posting talking shit and so now you're coming over here to troll. HAHAHAHAHAHA stay salty bitch boi have fun staying poor bitch.

[Anonymous No.57995322]

>>57995317
no I literally post here every day

I'm a lot smarter than you, you know this but are unwilling to accept it

[Anonymous No.57995348]

>>57995297
>American degeneracy and gluttony doubles in 4 years
>bitcoin price doubles in 4 years
Imagine having to go to college to figure this out

[Anonymous No.57995364]

>>57995308
You can convert Bitcoin into a fungible token though.

[Anonymous No.57995366]

>>57995348
totally unrelated to the prices of assets

[Anonymous No.57995401]

>>57995364
hopefully before you get bogged

[Anonymous No.57995419]

>>57991067
It's being used as a trigger to put America into "positive" hyper-inflation. You can't buy or sell to get out of this.

[Anonymous No.57995428]

im going to cum so hard when hyperbitcoinization ends up demonetizing equities/gold/real estate, what all these retarded fucking boomers store their value in, so they end up totally fucked.
Only way out would be if their kids don't hate them (0% chance) or indirected getting btc exposure through a portfolio or indirectly through MSTR being added to the S&P or something.
Realistically I imagine the main people getting screwed will be the real estate/gold people since more normal investors will probably end up getting btc exposure within a couple years. But hey seeing them cry will be fun enough.

[Anonymous No.57995467]

>>57995428
you fantasize too much

[Anonymous No.57995500]

>>57995467
Worse hedges of inflation will eventually move over the better inflation hedges it isn't complicated, shiny metal and shitty buildings built by spics aren't worth that much past the inflation hedge

[Anonymous No.57995524]

>>57995500
bitcoin is mathematically set up to fail, regardless of the situation

gold will still be mined, houses will still be built

[Anonymous No.57995527]

>>57995428
Tbh they probably won't lose value in fiat terms as inflation will keep propping them up, they'll still be better stores of value than USD, at least for their utility value. I think real estate will hold more value than gold which will hold more value than the S&P (at least until communism in America ends and companies can start being productive again)

[Anonymous No.57995605]

>>57995366
>be bitcoiner
>see america is falling
>want out
>be nocoiner
>see bitcoin is rising
>want in
>school bell rings
I'll only charge you 10% of what professor noseburg beaked out of you

[Anonymous No.57995617]

>>57995527
re: Real estate I suspect in the short term that might be true but in a fairly short amount of time when people aren't being bled 5-20% a year most modern houses will be considered teardowns because the quality is so bad. Sounder money making you have higher standards for sounder real estate. May take a while for that to happen though.

It kind of gets really hard to predict though, if shit really gets wild and we say hit 1m a btc in the next 5 years and 10m in the next decade or two it'd be hard to predict just how that would impact other things. Corporations, legal and tax structures, immigration, a bunch of stuff is predicated on the fiat system and getting sound money will revalue things and like I said just make them hard to predict.

Another thing with real estate is immigration which I suspect would be impacted and if there is less demand for immigrants and they leave that would also greatly decrease demand for housing (especially the shit houses most people have)
(perpetual growth of corporations that incentivizes the immigration is caused by inflation/the annual growth of the company needing to exceed annual inflation/jews getting power from inflation)
shit will get weird, my gut instinct on houses is just because they are so badly built, aesthetically ugly, jammed together and are just bad and low value products the price would drop pretty drastically in a more sane economy w/o insane inflation.
Like I said w/ S&P though I expect that will include BTC exposure sooner then later. Houses/gold will never include BTC exposure, so S&P would hold much more value.

[Anonymous No.57995632]

>>57994295
You have absolutely no idea how much funding is going into L2's on bitcoin. As the price of bitcoin goes up, the bitcoin L2 development only accelerates.

[Anonymous No.57995665]

>>57995632
it absolutely doesn't matter when the fundamentals of bitcoin mean it is destined to fail

no matter how much you hype it it doesn't matter

>>57995605
word salad

[Anonymous No.57995670]

>>57994587
Monero not needed when you have Liquid bitcoin. This is Monero is going to zero.

[Anonymous No.57995679]

Is there anyone in this entire biz enough helpful to help me with $1k?

[Anonymous No.57995697]

>>57994458
>>57994295
>>57995632
Re: level 2s
normies will never fucking self custody
this is just shit for things like apple pay/coinbase to work out in the background. Level 2s like lightning will always required a significant main chain transaction with a very high fee. Normies can just have etfs and coinbase bucks backed by btc and occasionally get rugged

The idea a normie will self custody just seems like delusional autistic tech people, like half the population has a sub 100 IQ they will not be able to manage that. Even if we had like 0 fee instant transactions they are just going to get scammed and lose it.

So long as there is a backing w/ scarcity that is open/auditable and can't be inflated it fixes what actually matters. No one needs to buy their coffee w/ a base chain transaction

>>57995670
liquid does seem cool though

[Anonymous No.57995760]

>>57991067
Bitcoin is the only currency with a public ledger that cannot be manipulated with past data. Satoshi’s initial wallet is public availability. The value will go up the more and more transactions that happen.

The main replacement of cryptocurrency is the traceability of each transaction. You literally can’t ask a bank for 20 year old records. But if you google the first every BTC transaction hash anyone is able to find it. You literally cannot manipulate the 1s and 0s going through the blockchain nor will there be a fire to destroy old archived data.

Dave is right to dunk on gold baggies and categorizes them in the same rank. He also alluded to that it has the potential to actually establish itself if more people do jump on it. At this point there is no reason to not utilize bitcoin. If I wanna buy from someone directly in Russia and not have to jump through PayPal or gayPmorgan and literally create an eBay or Amazon account so it’s information can be breached or sold.


000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f

[Anonymous No.57995796]

>>57995670
bitcoin is by definition not liquid, people aren't transacting with it, it is gambling, and supply is being lost and not restored, the liquidity only goes down not up

[Anonymous No.57995810]

>>57995697
the fact that it is open and auditable means that your transactions can be monitored for wrongthink, no currency works like this

bitcoin fixes nothing, it is an emotional lure that is meant to enslave you

[Anonymous No.57995838]

>>57995760
public ledger means you can be connected to crimes at any time, for any reason, just because someone did something 2 jumps away from you, or they can fabricate a crime by using a tainted account and sending you funds

obviously this is a bad idea to put your entire life into, you're naming the biggest weakness of bitcoin

meanwhile gold was being used thousands of years ago and will continue to be used

[Anonymous No.57995865]

>>57995810
Everything is already monitored lol, only difference is only the elites have access to it and we can't monitor them.
They are also free to monitor to transactions even if you use kyc coins you can anonymize it and send it to bad stuff if you want but as I said above it doesn't really matter
The powers that be aren't "scary" because they can monitor us they are scary because they can steal 20% of our wealth every year in secret and slowly bleed us until everything starts dying a decaying.
You don't need to be paranoid about some future where someone "might see you do something" or shit like >>57995838
They could just put CP on your computer and do this now, they don't need to use bitcoin to frame people. They could just fucking shoot you what are you going to do, sue them?
We know their primary means of stealing from people and securing their power, that permits them to do things like plant things on people and kill innocents, that's the fact they can bleed everyone's value in secret. BTC undermines that so would eventually undermine their ability to frame and manipulate people.

just to because you are extra stupid
> just because someone did something 2 jumps away from you, or they can fabricate a crime by using a tainted account and sending you funds
Both of these occur with fiat already lol.

[Anonymous No.57995871]

>>57991067
More like
Cash: it's thin air, it's worthless

[Anonymous No.57995873]

>>57995796
>>57995810
>>57995665
this dude is a low-ranking gamma male who also is poor

[Anonymous No.57995878]

>>57995865
actually everything isn't monitored

for example metals and monero can't be monitored

your appeal to emotion is irrelevant, bitcoin is the greatest incriminating tool that feds have ever gotten, and if you own bitcoin you are a prime target for this

[Anonymous No.57995879]

>>57995142
>yid hikes will crush equities and real estate
Yes very cute opinion from 2020. They did rise them, they are yet to lower them and shit & piss is at an ATH.

[Anonymous No.57995883]

>>57995665
>word salad
>40 blog posts about tulips
Post broken scale

[Anonymous No.57995887]

>>57995796
You have no idea what the fuck you are talking about. Just keep holding your Monero and gold hoping and praying the trend downward stops one day. The market decided a long time ago.

[Anonymous No.57995902]

>>57995878
Again, you have no idea wtf you are talking about. If a person needs privacy, then they could use liquid.

[Anonymous No.57995909]

>>57991067
>>57991178
these retards just learned how to use email on their own.

[Anonymous No.57995911]

>>57995873
you'll never be an alpha if you're a conformist

>>57995865
with fiat being sent to you you have plausible deniability, with bitcoin you have none, bitcoin is the worst asset you can hold if you want to be a free man

a person who wants to incriminate you has to go through many steps to tie you to a crime with fiat, and it's basically impossible to do

but with bitcoin the feds have to send you money from a drug dealer account, or an account they deem "hamas", etc, and that's all they need, they'll fabricate all of the evidence, atleast fiat currency is a real object that requires extra steps, if a bank sees you receiving a huge transaction you can deny it and be contacted, if a briefcase shows up at the door you can call the cops and say you don't know what's in it

if you receive bitcoin you have no way to deny you did

[Anonymous No.57995919]

>>57995902
but "liquid" I'm assuming it's a gay thing has your info

[Anonymous No.57995924]

>>57995887
no argument, it hurts, but it will hurt so much more when you are feeling the burning fires of hell

[Anonymous No.57995933]

>>57991178
shut the fuck up nigger you will never use your stupid guns outside of a shooting range

[Anonymous No.57995935]

>>57995838
Since bitcoin wallets are generally created anonymously I have no idea what you’re talking about. If a bitcoin transaction is public it only shows the hash and public address. Not your private key or addressing which is what asynchronous encryption does.

When Amazon gets its data leaked all of its account data including addresses and card information. If you only pay with bitcoin, the public addresses and mailing addresses tied with that purchase are only exposed. That’s why Amazon doesn’t accept bitcoin yet (but it can’t at any time) because you can just purchase anonymously with an account that isn’t tied to your general information nor is it mandatory to even want to use it

[Anonymous No.57995979]

>>57995935
wow, how does the bitcoin get into those "anonymous wallets" then

does it magically appear there, oh, it needs to get there through a transaction, of course, we all know this

>>57995933
don't test me beta

[Anonymous No.57996012]

>>57995979
Bitcoin don't go into wallets lol learn what a UTXO is
There are unspent UTXOs on the block chain, your private key gives you the ability to create new UTXO's that "spend" the previous UTXO
Any single bitcoin private key can have 2^31 addresses which is why they encourage using a new address for every transaction.
All an address is something that is put on a UTXO that gives you authority to create new UTXO's that spend the previous one
There is no reason any addresses ever need to be associated
All Bitcoin is a chain of blocks of UTXOs, all a "wallet" is a private key that can create new UTXOs that spend certain other ones. All an a "wallet address" is is a key on a UTXO that means a certain private key can spend it.

[Anonymous No.57996034]

>>57996012
this is the baffle us will bullshit strategy, you think you can use a bunch of word salad to obfuscate the fact that every transaction can be tracked on the ledger, no matter how many times you try to send it to another wallet, and so on, it's traced to you, unless you bought it with cash by mail maybe, but then you're using a surveillance coin trying to achieve privacy when you could easily just use monero

[Anonymous No.57996084]

>>57995911
>if you receive bitcoin you have no way to deny you did
The fuck are you talking about there's nothing linking me to "my" wallet. In fact it's not "my" wallet, it's just a wallet I have access to. I can give access to it to another person and then it will be "his" wallet. You're extremely confused. The only time when btc is linked to you is when you cash out. Well guess what faggolio the same is true with XMR, if you cash it out in real life, it can linked to you.
>b-b-b-but you moved fund to that wallet from CEX
And? That's my brothers wallet I sent him some money from a CEX. How does that make it my wallet you dumb fuck. All you have is guesses, no direct links. I have all the deniability I need.

[Anonymous No.57996096]

>>57996084
cool so your brother is willing to go down for the crimes you commited selling weapons to the taliban, you guys must be really tight man, I wish I had a brother like that

why cash out if you have the "greatest store of value the world has ever seen", what's the point if you're on the verge of taking over the world

[Anonymous No.57996155]

>>57996096
a) I didn't commit crimes, I thought we're just talking about general surveillance state stuff
b) nobody has to "go down" for anything because there's nothing linking anyone to any wallets. If it was incriminating I wouldn't say it's my brothers wallet obviously, I'd say I paid some random guy on the street to help me fix the roof or something to that effect. Doesn't really matter what I say because nothing links me or anyone else to the wallet
c) I did actually send money from a CEX to my brothers wallet, that's a real life scenario so don't even try to argue against it you retard. Neither you nor anyone else knows which wallet I sent money to is mine and which one is my brothers, not even the CEX itself.

[Anonymous No.57996204]

>>57991067
>NO ANON, DON'T INVEST IN ASSETS THAT WILL GO UP IN VALUE. INSTEAD, WORK 80 HOUR WEEKS UNTIL YOU'RE OUT OF DEBT, THEN INVEST A FRACTION OF YOUR PAYCHECK INTO AN INDEX FUND. YOU CAN RETIRE WHEN YOU'RE 80
>YOU NEED TO LIVE FOR REPAYING DEBT RIGHT NOW ANON, NOTHING ELSE

[Anonymous No.57996213]

>>57996155
but you did commit crimes because you received bitcoin from the taliban, and we found the weapons shipment that you made

[Anonymous No.57996219]

>>57996204
>debtor