Bitcoin is about to moon. Join us on /biz/ and help build the resources for the NEET world order.
Get in before the trillions of arab oil dollars do.
>>128741012
already retired in 2014 thanks to bitcoins. No need to hustle any more
>>128741012
quick rundown
>>128741279
https://en.wikipedia.org/wiki/Capital_flight
>>128741442
hmm... this is why gold is going up these days...I see
thx
>>128741577
Exactly... But imagine a gold that is of an absolutely finite quantity, can be bought or sold anywhere in the world, transferred immediately, and is directly in your possession (not that of a bank) if handled correctly.
>>128741577
>>128741777
He is here
>>128741777
>sold anywhere
nice digits but lel
>>128741777
It also has absolutely zero intrinsic value. It is literally fiat money without a government, aka a fucking scam.
>>128741012
>/biz/
what the fuck am I looking at?
it's all coins
>>128742290
>This shiny metal has no intrinsic value. It is literally sea shells except you can't turn it into beads or necklaces. AKA a fucking scam.
>>128742290
How you can make that claim? Having a government back your currency, which is defined by man, is no different than this fiat currency that is ALSO defined by man. Tell me now how we can assign an arbitrary value to one thing, but not the other?
>>128742583
Except gold has intrinsic value in that it's malleable and conductive as well as aesthetic. Bitcoin is bullshit. You're a fucking scam artist or a putz.
>>128742636
Government backed fiat money is equally bullshit. That's why you would never invest in cash. Cash is worthless except as a medium of exchange.
>>128743196
cash IS a medium of exchange
except its backed by the labour of your kids.
Bitcoin is a little bit of low voltage.
I get both sides of the argument, but bitcoin is not going to become a global currency.
>>128741100
you didn't get taxed out the ass for btc gains? how so?