debunk him pro-tip: you can't

Fiat is the first ponzi scheme and then they get mad when others want to get in on the action.

>>3257435
Flex like david ike

> Gordon Tickle
> Tickle
> Faggot
> Debunked

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>>3257435
He has no theory, its just an opinion.

Yes crypto is for greedy fucks, what does it matter.
One BTC still buys 4500 dollar.

>>3257435

It's a technology which helps you make payments. It is popular, secure, and more anonymous than online banking (to name a few).

Can we now stop with these retard posts?

Ps. Is there a way to post replies without bumping a thread (I remember typing in 'noko' or something in the name, from waaaay back)

>>3257475
It only works in reverse. You can buy one BTC with $4500. You can't cash out one BTC for $4500.

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>>3257499

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>>3257435
(((Fiat currency)))

>>3257435
this guy clearly doesn't understand the flaws in current financial infrastructure, so of course he doesn't see the value in something that fixes those flaws through decentralization.

He doesn't remotely understand cryptography, so of course he doesn't understand the mechanism by which decentralization is achieved.

Just another normie, disregard him. (PS: You should also disregard the *bullish* normies who also don't understand the technology. Don't listen to people that don't understand.)

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boomer general

Could someone remind me how much a dollar was worth 50 years ago?

fiat currency is not backed by the state, lmao.
if anything the state or the banks can decide at any moment where your money will go and if you will even have a pension.
half of all public money (including your 401k) is invested in bonds, so what if the government decides to raid your 401k to pay student loans? that can happen, and it already happened before

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>>3257566
1/10th of a gram of gold

>>3257571

>fiat currency is not backed by the state, lmao

Except it is. The full force of the US military is behind the US petrodollar. Good luck competing with that.

>>3257518
Don't forget that decentralization brings flaws of its own into the conversation.
>>3257571
>fiat currency is not backed by the state
It essentially is. Federal Reserve Notes are a liability of the Federal Reserve, backed by the assets of the Federal Reserve which are primarily government bonds, which are themselves backed by the taxing authority of the United States.

>>3257638
the dollar is backed, but it has no leeway when it comes to investing.
backed or not, its gonna fail at some point

>>3257728
>the dollar is backed, but it has no leeway when it comes to investing.
What did you mean by this?
>backed or not, its gonna fail at some point
Sure. At some point humanity will go extinct and all currencies will fail.

>>3257499
You will be right, but a few years from now.
4500$ is still cheap, once it goes above 10k$ and even beyond to 100k$ then yeah, no one will want to buy and bubble will burst.

>>3257775
i mean at the point when america will have no choice but to default on SOME of the debt and then sell some shit to china or india. at this point america will no longer be the superpower that it once was

>>3257847
I don't think you understand how sovereign defaults work. If the U.S. were to default on its debt for some reason, "all" that would happen is that its credit rating would tank. This would likely cause an economic disaster, but nothing would be sold to China or India.

>>3257435
Where are the aguments?

>>3257435


GEE WHAT A GOOD GOY

>>3257785
or, rather, supply will meet demand and the price will stabilize at equilibrium