What the fuck is peoples' problem with capitalism?

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>>130473271
crabs in a bucket mentality

So what's your business? If it involved something that creates negative effects on society then you should be punished.
E.g. the vast majority of money lending institutions

>>130473271
Because capitalism rewards those with vision and the drive to see it through.

Most people, if given the opportunity, would rather everything require no effort to obtain or achieve.

Today's society isn't about actually doing things, simply about saying you do them, no matter the subject.

>>130473271

Nobody is really against what you said. They're against people building up fortunes and then pocketing everything, thus being a total leech on their country.

The 90% of baby turtles who are too weak to crawl from their sand abode to the sea or who get intercepted by seagulls will always outnumber and resent the 10% with the gumption to make it

>>130473271

if I wanted to replicate your success, where would I start?

>>130473271
Soros has complete control of our children. He says socialism. They say "hell, yes"

>>130473271
>hrough reading and working hard, I've created a completely comfortable, wonderful, free existence and reality for myself.

basically this, they are lazy retards
also /thread

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Without state sponsored culture and religion, people begin to worship the idols put forward by consumerism.

Let me explain.

Edward Bernays has founded modern consumerism as we know it, including but not limited to the fact people use products to express their individuality while remaining pretty much the same.

Humans in the form of large groups of millions cannot be expected to be specialized in ways of thinking or knowledge. This is why we have preachers and teachers. They take it on themselves to visit the source material, reduce it down, and then spread it to the people who otherwise don't have the time to do it.

When there is no state sponsored religion or culture, it does not mean people will stop holding up ideal visions- such as wanting to be like Jesus or religious figures of virtue.

So with this absence of preachers, the new ideals are put forward in the form of commercials, celebrities, and advertisements.

ie. The most Interesting Man in the World, Dan Blizerian, Rappers, playboys, etc.

People see these as the new gods and saints they want to emulate, and so do so. However, this grants infinite power to the corporations to herd people into idealizing and believing certain virtues and rejecting past traditions.

Pure capitalism, in this regard, may grand "freedom", but this freedom only creates a power vacuum for the powerful to battle for your mind.

This is why the Masons require you to believe in God to join. It makes you recognize a centralized ideal rather than one manufactured by other humans during an advertising campaign.

>>130473271
its because you're happy to enable the lessening of your countrymens' personal standards for your own personal gain

>>130473271

Look at this wage cuck

>>130473271
>Why are the fucking worthless faggots of this world so against this?

kek

>what do you mean I can't fund an assassination with crowd sourced bitcoin and charge a service fee for the video?

I feel you bro, make that money let the haters hate

>because people take issue with the current form of capitalism they hate all market societies forever

Fuck off.

You can take issue with things like the excessive hoarding of wealth by a minority which in turn is detrimental to the rest of the population, you can take issue with things like consumerism and the excessive proliferation of pornography and sexuality due to its marketability, you can take issue with things like outsourcing and globalism and the proliferation of open borders policies which the current system encourages, without hating all market societies forever. Because I critique capitalism in its current form does not mean I am a communist.

>>130478551
>>130478642
>>130474835
>>130475630
These are good posts.

>>130473271
I know a lot of "hard working people" who are stuck because they do not lick the balls of certain people. Capitalism is 80% bullshit and 20% true hard working

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none

I want unregualted capitalims
end public school
throium atomic power
mass produced unregulated housing so house like desktop pc

>>130477721

Start studying economics my dude. I completely wasted my 20s on utter faggotry. But around 29, I was like... holy shit, if I don't get my life together... I am going to be a complete failure.

So long story short, I took ten grand my grandfather left me and some money I had saved. Started an eBay business. Then took the money from that and started investing in crypto and starting other ventures. You just live very humbly and keep re-investing your money over and over again. Within about four years, I'm over seven numbers just from working hard, reading a couple hours a day and not being some worthless self-defeating faggot.

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>>130475630

>this faggot doesn't understand how wealth works

>>130480228
Bruh I Just went back to college after a bout of depression and I'm in finance/Econ, also just got into crypto. Any tips? So far I've made some chump change but if you'd be willing to donate some bitcoin I'd love you:)))

1FJAdUF1CP1957YvKf8LhiugjkWdb6LVSv

I have nothing and consider suicide everyday.
Fuck you an your gay ass money.

>>130480560

Rule 1: never give your fucking crypto away. ;)

Um... where to begin. Just read everything you can. 99% of /biz/ is bullshit. Invest in new technology. NEVER EVER FUCKING SELL FOR A LOSS. And have iron hands, hodl that shit for years.

>>130481870
Aw shucks. Thanks anyway :) I aspire to make as much money as possible since the kikes ruined my chance at the family unit. Might as well live it up before the world turns to dust. Thx brah

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>>130480721

That's really more your fault and problem than mine you fucking bitter mentally ill faggot.

How many hours have you put into reading about money or economics? If your answer is less than three numbers, I advise to kill yourself since life is obviously too hard for you.

>>130473271
Sweet a larping thread. Post proof or fuck off.

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>>130482070
I dont disagree with you OP but I have a BS in econ and don't know the first thing about investing, stocks, etc

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>>130482140

>hurrrrr everyone must be a broke worthless faggot like me

>>130482070
>my life is so great
>better go tell 4chan

Yeah sure whatever you say kiddo.

>>130480560
>also just got into crypto. Any tips?

Build a time machine and get into it a few years ago.

>>130473271
What buisnesses? Got any advice for a 22 year old grad school student?

I made $100,000 a year for two years selling stuff on Amazon until they implemented a bot that would under cut you automatically. I now work at a bagel place

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>>130482446

I don't really think there's anything you can learn in college desu. I did three years in college before just getting bored and going out in the real world.

When I talk about economics, I mean simple stuff like how a market works or supply/demand or why things have the value they do or what the relation from fiat to gold is, etc. Easy shit people should understand since 99% of the planet is worthless, they never decide to study their most fundamentally important resource in their existence.

When I listen to a socialist talk about money or economics, it's like listening to a three year old describe their conception of the technology involved in the Apollo program.

>>130482446
I wonder if they made the abbreviation BS on purpose. You and I both have Bullshit degrees in our respective fields.

>>130474616
FPBP

>>130482482
Having that much in an exchange is comically stupid.

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>>130482759

My first business online was selling statues I found online and cookies I made from dumb recipes online. On top of that I am a legal marijuana grower up here. So from those three things. I eventually went into 3-D printing and then created my own plant nutrient business. On top of the crypto and other investments.

My advice for you would be to follow your passions in life and realize that literally everything in existence is making money for someone somewhere. Figure out how and then replicate it and try to improve on it.

Also, virtually all of the new money in this world is in new and developing technology. Read up on everything you can and try to get into these worlds.

>>130483064

Nigger if I could get it out faster I would. I literally make so much each day, I can't get the fucking money out fast enough.

And that's just my account on Polo.

>>130475630
Honestly this, a lot of people don't understand these massive fortunes are put towards competing on a level that unavailable to even low level millionaires. They hire lobbyist to push laws to keep them profiting beyond a reasonable extent. For instances, there's laws against a publicly traded company making a decision that would hurt that stock... that seems reasonable right? Well, use your big hired think tank brain to make that turn a profit.

>>130473271
What kind of businesses? What were your startup costs like?

deregulate and all shortages disappear and things get nicer n nicer like desktop pc

lower gov spending 99% +

everyone working without governmetn restricting production would mean awesome mandalay bay kinda lifestyle for all

vote capitalism

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>>130473271
let's say Anon Anonson worked really hard, studied really hard and now knows everything about investing and stock markets, if anon lives paycheck to paycheck, tell me how he will acquire capital to invest and make a return?
it's an eternal cycle
>i can't invest because i have no capital
>i have no capital because i can't invest.

Tell me how you get out of this realistically and i'll believe you.

>>130483558

Cookies are fucking stupid easy to produce and easy to sell online. Like you can easily make a couple dozen at a time, sell them for $6-10 a dozen and walk out with maybe a 200% profit for your time. Just spam your shit on social media, get a couple of sales, build up your online rep. Easy.

Once you master something like that. Figuring out drop shipping and online business is stupid easy because it's all pretty much the same thing.

The statues thing, I'd buy statues cheap off Ali Baba or have them custom made by 3D printers here in the States and sell them at 100-150% markup. Then I just my own 3D Printer and started doing it myself. Just hire a third world 3D modeler (because American labor is fucking stupid, lazy and entitled) for $60 to have them model your stuff, print it and sell it. Easy.

The more complicated businesses I have required some startup money. But those are two easy things anyone can do.

>>130483924

Start investing in new tech that will bring about a 1000-10000% profit. Repeat. Everyone can pull together that first $50-100 to invest. If you can't, I don't know how you're breathing.

But then Anon Anonson didn't really read very much if he didn't know this to begin with, did he?

>>130483978
Who buys cookies online?

>>130483924

This self-defeating faggotry is what drives me crazy. Everyone in the entire world can set aside some money to invest and save. But then you hear this self-defeating bullshit, so no one ever tries.

>>130484182
Where/how do you invest such small amounts? Don't all those websites take a huge chunk of your money everytime you buy or sell anything?

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>>130473271
Nothing!
Greed!
Hybrid Systems!Milton Freedman :" No system has brought more people out of poverty than Capitalism" . Freedom to create new ideas or products. That is why socialism fails!!

>>130484193

Put them on eBay or start your own Shopify site. Then just spam your shit on FB and social media over and over. Do this enough and within a week or two, you'll start pulling in orders every day.

>>130484325

In the crypto world, you can literally invest thousandths of a penny of you want. I don't know why you'd want to. But there's a good place to start.

>>130484182
>Start investing in new tech that will bring about a 1000-10000% profit.

>10000% profit.

there isn't a single business model that returns 10000% that doesn't involve drugs, child sex slaves, and crime.
what you're saying is typical click bait ad you find on the internet

>make 10000% return with only 100$ with a simple step!

everyone with half a brain dismiss this nigger completely.

>>130473271
I would have fucking taken one. Jesus

It's just the death throes of socialism anon, it's all dribble

>>130484532

>This nigger doesn't know about ICOs

https://icostats.com/vs-eth

Have fun in cuckland, faggot.

>>130482803
basic economics is mostly bullshit and jew rationalisations

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>>130484888

I wouldn't know. I wouldn't waste my time in a college for any reason. Besides just reading shit online and reading books from successful people is all you need.

>>130483978
food business is terrible without massive sales volume.

>>130484680
>shady crypto-currencies
>gambling systems

wew lad! that's sure is a safe investment to do!
you are a nigger larping as a successful investor to gain praise of strangers on the internet. sad!

>>130485494

>jealous faggot is jealous

Yeah I know right? I only never have to worry about money again. BUT HURRRR SHADY BITCOIN!

Do you even know how fucked your fiat system is? Jesus... all the time I wonder why am I successful and why is the rest of the world retarded. Then you start a thread like this and it all makes sense.

>>130473271
Capitalism rewards hard work, ingenuity and risk taking.

Socialism Rewards only a very select group. leftist would call them the 1%.

>>130481870
>99% of /biz/ is bullshit
Top kek. 99% of /biz/ is about crypto
So you inherited, got in early with crypto (muh new technology) now you're holding meme gorillians as a symbol of your success and hard work.
>/biz/ advice is shit though

>>130474616

That's capitalism

You think the crabs are doing it out of jealousy?

>>130485662
>BUT HURRRR SHADY BITCOIN

It's not bitcoin nigger, it's other crypto-currencies that no one ever heard of that will never ever rise to be like bitcoin, Bitcoin is something that happens once in a lifetime.

>all the time I wonder why am I successful and why is the rest of the world retarded

post timestamped photos of you with keys to your ferrari, you in your penthouse, and your collection of Rolex, otherwise fuck off.

>>130473271
You will sell us the rope we use to hang you

>>130485923

Bro it's all about the new tech tho. Look at the insane ICOs this summer already that have produced 1000% profits in a few weeks. BTC, ETH, XMR are already obsolete. It's all about the new blood coming out like the Arks, Statris, Etheroll, Golem, Mysterium and etc. now.

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Bitbean is the patricians choice

>>130473271
Because of corporations like McDonald exists and it makes people fat.

We can let companies like McDonalds and Hershey exist.

>>130485994

>this fucking nigger has no clue what he's talking and is sad because he's a poor oblivious nigger.

>>130486070

I'll be on the beach of a country that welcomes capitalists while your faggoty ass is in a gulag while the same people you hate now have absolute power over your existence.

>>130486216
can't*

>>130485232
What are some books you would recommend? I've just started about getting into investing. As well as economics stuff.

>>130473271
Because some people can't compete in a merit based system. These people include BALM, feminists, /Pol/.

>>130473271
>Why are the fucking worthless faggots of this world so against this?

Because they can't hack it. That's really what it comes down to.

I'm not a risk taker. And I know I'm never going to be ridiculously wealthy because of that. And that's fine. I'm perfectly OK with my middle class but safe and stable income.

The stupid thing is blaming your own lack of ambition and timidness on the more wealthy and successful, like most liberals do.

>>130486125
Sounds like gambling more than ever. Only risk what you can lose. The high rollers are playing a totally different game to the mugs on the ground floor. If I buy into dud ICO I'm done.

>>130486299
i'm waiting for the pics faggot, after that i'll gladly believe you
you want people to invest in incredibly shady shit like gambling systems on the internet just because you said so?
do you really think i will take your word for it?
you are the one making the claim that you are greatly successful, then you must prove it, otherwise like i said fuck off.

>>130484286
Simple mathematics would tell you this isn't true. How much you can earn through captial gains is exponentially (not linearly) related to your captial. An example

Captial gains of 10k over ten years at 10% per annum confounded
10,000(1.1)^10 =25937

Captial gains of 20k over ten years at 5% compounded
20,000(1.05)^10 = 32577

The second person has more than 25% more wealth despite being so shit at investing his rate of return is half of that the first guys. And in reality we're dealing with most Americans having almost no savings against multi million and billionaires

>>130486456
>investing
well depends on what you want to invest into
some investments are basically gambling but can net you high returns.
safer investments with some degree of fundamentals will give you small returns and you will need lots of capital

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>>130478551
Wrong, America is a great example of how degeneracy will not prevail in a free market. Look who we just elected. Look at europe, the state controls the news and education and what not. Look where it got then. Also a mistake statists make about the free market is that they suppose that if there is no central goverment then there can be no collective. Which is wrong, nothing is stopping you from creating a Christian group or a nazi youth type deal in a Ancap society. In america almost all degeneracy is caused by non whites, the large majority of whites are still conservative, sure they will vote for neocucks but that's the issue with democracy not the free market. The state has almost always been the cause of degeneracy in america and in many other places.

>>130486456

https://en.wikipedia.org/wiki/Reminiscences_of_a_Stock_Operator

https://books.google.com/books?id=zglMCgAAQBAJ&printsec=frontcover&dq=warren+buffett+books&hl=en&sa=X&ved=0ahUKEwjr6JOF_8jUAhVUVWMKHQsOBCsQ6AEIWDAJ#v=onepage&q=warren%20buffett%20books&f=false

The Little Book of Common Sense Investing

Common Stocks and Uncommon Profits

And of course Art of the Deal... even though that one is more of a fun read than an investing guide.

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>>130486855
>America is a great example of how degeneracy will not prevail

We're one of the most degenerate places on earth, with our rampant consumerism, sexuality plastered all over the fucking place, fags parading in the streets, twerking, etc. Fucking filthy.

>>130486456
But Litecoin

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>my feeling are hurt because I'm a more fag who doesn't understand blockchain technologies or their implications for their world. Nor do I understand how these creative tech entities are literally building an entirely new internet and revolutionizing everything digital we use in the world. So I'm going to be a salty fag about it despite being repeatedly owned in this thread.

>>130475162
capitalism also allows people who have everything to fuck over others that have to work for a living.

Rich peoples capitalism is way different then working class capitalism.

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>>130487039
Most of that was caused by the goverment you shitter. Also that shit is overplayed and stays in the cities. Again, looks t who we just elected.
>>130487169
t. Got fired from working a cash register for being autistic

>>130487169

What's stopping you from being rich then?

>>130486758

Another way to look at it, the guy who started with less wealth now has 2.6x what he did before, whereas the guy who started with more only earned 1.6x.

I don't get this mentality. Who gives a shit that someone else has more than you? This is such a childish way of thinking. Envy is such an ugly emotion, people should be more focused on improving their own lot, and less focused on the fact that some people out there have more than them. You'll drive yourself crazy wasting so much energy measuring yourself up against others like that.

>>130473271

Where did you get the bux to invest in the first place?

What did you start with?

>>130486758

What kind of weird faggoty commie math is this?

>>130486897
Thanx man. I'll read these. Off the top of your head what things are worth investing in usually? Would it be companies that are gonna be around for a while?

>>130487376

Saved about five grand in my 20s and then had about ten grand left to me by a family member. Instead of blowing it like a dumb fag, I used it to invest in my first businesses.

>>130486833
I see. Thanks for the advice. Ill try to find something good.

>>130487323
>Who gives a shit that someone else has more than you? This is such a childish way of thinking.
how can you hold this view and still say communism is bad

>>130473271
Envy.

>>130487078
Interesting. I'll take a look into that. I've heard of bitcoin but it seems its too late to jump into that. Thanx anyways man.

>>130487447
TIMESTAMP PICS OF YOUR GREAT SUCCESS! I'M WAITING LARPER! :)

>>130473271
Nothing bud. It's mostly big city folks that are anarchist, marxist, far-left leaning, mass student debt holding failures.
Truckering Master Race reporting in. Hell, I've been doing 12 years of trucking, with almost non expenses (inherited property) and a frugalass saver with fucking $143 in debt at the moment that'll be balanced at the end of the month.
>$60k in debt
Like, how the fuck does that even feel?
t.Good Ol' boy

>>130483238
What you do anon??

>>130487306
what is stopping you and everyone else?
derp.
Also most rich people do not actually work for it.
they are born into it.

Also rich people can hire tax professionals very very few can.
Many of them pay only 15% in taxes per year.

>>130487473

That is such a complex question because everything arguably has value at some point, even things with no value and everything has it's ups and downs. The best answer I can give you is study a particular market. Study crypto, study precious metals, study stocks, study traditional investments... hell study fucking baseball cards and retro games. Once you find a specific area of interest or passion. Study what gives something it's value, why it retains that value and why it increases in value. Then study how trade and profit off it. Do this enough times until you master that market. Then you can take that knowledge to basically any other market and the same basic rules apply. That is economics.

>>130487599

What do you mean? The gommunists are the ones always going on about wealth inequality and wanting an egalitarian society where everyone is literally equal in wealth. They're the ones who care about it the most.

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>>130487297
t. no real response.

>>130483485
they're doing it right and you should be ashamed for not being one of them.

you're all worthless.

>>130487853
Ignoring me won't make me go away sweetie, you really thought no one would held you accountable for the bullshit you say?? :)

>>130487919
because in communism everyone is equally poor

>>130487753

Because most of their income comes from capital gains.

Nothing stopping anyone else from not working, putting their money in the stock market, and enjoying that sweet 15% tax rate.

>>130473271
>Kike shill tries to tell us his fairy tale... the richer someone is, the nicer, smarter, and better they are.
It's really not a problem if you amass a fortune of 100 million dollars (or less).
It's a problem when it becomes several billion dollars.

Those money are drained from the econmy and doesn't move around. They don't "trickle down" or the richer wouldn't become richer and the middle class wouldn't become poorer.

For a nations economy it's basically the same effect as if a million households stopped consuming and instead started saving. If enough billionaires/households do this, it will trigger a new recession.
The accumulated wealth is also used to put pressure on politicians (and regular people by MSM) so every politician is working for the rich in one way or another, thus creating the Deep State.

To require companies/foundations and other economic organizations, to be 100% transparant with previous years deals, mails, protocols and books, would go a long way to stop the corruption.

>>130485662

You got a decent reading list/tutorial sites or anything?

/biz/ doesn't have a stick and I got about 80k in cash sitting around that I don't know what to do with.

>>130473271

Capitalism requires effort. You get from it what you put in to it.

The people bitching about it are also the same types who are fat fucks that can easily get fit, but lack any sort of discipline to do so.

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>>130487584
>anarchist
They're not real anarchists, the only true form of anarchism is Anarcho-Capitalism
>>130487680
Bitcoin is going to fork(split into 2) in July or August which will most definitely cause a crash in price. People who are afraid of that are moving into the relatively stable Litecoin. Also the developer of it recently said he's gonna focus full time on it. Another good one for the long term is Ethereum. It's the 2nd largest cryptocurrency and has a fuck huge backing from tech companies and banks because of its technological potential. Ethereum has recently been spiking in price because of something called ICO's, which are basically stocks of a company or asset that are bought with ethereum. If you get into crypto currencies YOU HAVE TO LEARN HOW THE TECHNOLOGY WORKS. So many people are heading into it without knowing what it is and have a lo of trouble(and cause retarded shit like Ripple).

>>130488142
well what is stopping you?
Are you rich???
Also if you making just enough to survive how in the fuck of your mothers ass can you put anything into anything other then paying bills?
And yeah the stock market.
Great place to be if you can risk money.

>>130488170

Wait until you see how really corrupt government is. It's really just put there in place to protect old wealth. Which is why the crypto world is so promising.

I'm no commie but I've been to enough government meetings to know the system is utterly corrupt. But that's why you want to amass wealth, so you can be one of the corruptors.

>>130487121
These threads are rustle the jimmys because they bring into question whether it's possible to change our beliefs about the levels of success we can achieve. I appreciate your thread for that alone even if I too seem like a salty loser.
As I understand the blockchain, it's just a distributed permanant ledger (although that permanance is often brought into question by threats of a hard fork). I don't understand the benefits or future implications of blockchains though. Maybe it enables business outside of gov control - until they decide to regulate against it?
Do you have a simple description?

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>>130478551
Everyone here needs to watch Manufacturing Consent, it's on JewTube.

>>130487853
I see. Ill save this info. I'm currently 22 years old and in college. I wanna start this stuff up as soon as I can before I get old. I really appreciate the info, thanks bro.

>>130473271
I really had hope that today would be the day that i would be proven wrong, maybe today it's not a larper, maybe today it's true, it's an actual successful person trying to help us, but again and again i'm proven right, everytime some faggot claim to be greatly successful they can never prove it...

>>130488367
but ethereum forked and its price didnt crash

>>130478551
good post except masons are jewish shills

>>130483924

Get a job and save up some fucking money. You don't even have to go to college. I know a dude that drives a forklift and makes 60k a year.

Get some fucking ambition

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Because most of the people that truely gain the most from capitalism are jews and jew puppets. Most of the non-capitalist people here are Nazis or some other from of fascism. These ideologies allow for you to own your own business and such, just without the parts that enable kikery and harm people who havent done anything wrong. The problem with capitalism is its all about money and that it, free markets combined with democracy are a recipe for the west being run by the kikes.

The founding Fathers were smart but they just couldn't have accounted for the globalism, corporatism, and technological advancements that happened within the next 2 centuries.

America is one of the most degenerate places on earth and has made the rest of the west just like it, and the root behind this is how the capitalist system facilitated the power growth of the jews.

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>>130488289

For fuck sake. Don't put any amount of money into crypto unless you want to lose it. My advice for you would be to put maybe 75k of that into a nice 5-10% mutual fund through someone like Fidelity and then take maybe... a couple hundred dollars and put it into crypto to learn. Treat it like a video game at first and just try to build your sats. It's an incredibly complex, global, hours of boredom punctuated my moments of intensity game. It took me about two years before I started understanding it. So please, don't start with a lot of money in crypto or you will get fucking murdered.

I would go to BTCTalk and just starting reading everything that interests me there and then go from there.

99.9% of what you read on the internet will be bullshit from people trying to fuck you out of your money. You combat this by reading everything you can about something before putting your money into it.

Also, day trading is for blithering retards. There's strategies to it that work... but honestly it's not even worth your time really until you get a few years under your belt.

>>130473271
Post what you read then you faglord.

I don't know what I need to know or I would already know it.

Well I mean nothing expect
>Middle class is practical gone
>The top 1 percent has gown to something way too big
>Bottom half of earners has grown.

In the past the top 1 percent was smaller...but the middle was ALLLLOOOTTTTT bigger. Bigger as in the majority of people were middle class. At least this is in regards to the US. Most other places are worse I.E Europe now.

>>130488423

I'm not hating on you guys at all. But look at this thread. Look at the doubt and just negativity and rejection of the idea of being wealthy. It's so fucking stupid and self-defeating.

Like I want all you to be wealthy and successful. It's not hard. You just have to get all the self-defeating bullshit and negativity out of your head.

>>130483141
How did you get around the legal issues of selling weed?

>>130488679
i'm not on minimum wage, it was an actual serious question about how someone in that situation would deal with the fact they lack any capital, the faggot said invest in shady gambling on the internet and shitty crypto currencies that will never be bitcoin that will somehow bring 10000% return, just like typical clickbait claims all the time, after that i got skeptical, then i asked for timestamp pics, i need to see his success for me to be able to dive into this, but he refused to provide any
case closed.

>>130473271
that's not gold

it's not even pyrite

>>130487719
I'm in over $1.2M debt, and it feels fine.

Actually, it feels great - the investment structure pays out a third full time salary for me and my wife while slowly paying itself off.

Unproductive debt (eg, I drive a 6 year old Mazda that I paid cash for because no loan for that) is toxic but smart leveraged investing is life on easy mode.
Massively lowered tax bill, larger positions with greater diversification and literally makes me wealthier.

Keep up the good work OP, I'm on your side.

>>130486855
>Look at who we just elected
A cuckservative who turned out to be nothing we had hoped
>look at europe
Yeah, we made it that way.
>nothing is stopping you from creating a Christian group or a nazi youth type deal in a Ancap society.
This would've been true 200 years ago but these ideas aren't compatible with modern technology and ideas.

>>130488408
>Which is why the crypto world is so promising.
I believed it was promising too, since it doesn't allow a few select banks to create money.

But the last years the behemoth started to move. Just like the science regarding CO2 effect on the climate, it's massive and has no real opposition.
Some countries already prohibited alternate currencies and I believe within 10 years, all western countries will have laws preventing citizens from owning or using it.
I believe many other countries will too. It's easy to sign a law like that and if you want to be friend with those western diplomats you can give them that favor.

>>130489005

I give this fucking faggot all the info and he still continues to post this self-defeating bullshit. This is why poor fags are poor. If you're in your teens or early 20s, look at this thread and let it expand your awareness of reality.

>>130473271
usury

>>130485994
Ethereum literally did what bitcoin did. So did Litecoin. If you had timed all three with a thousand dollars you'd be a millionaire many times over.

>>130488170
So let's say some guy works his whole life to amass a billion dollars...

And we say "hey, that's not fair", so we steal it and divide it up between the world's population.... that's like 12 cents a piece. So an entire lifetime fortune of a billion dollars is only taking 12 cents per person per lifetime.

Also, poor people in the USA have a better life than the richest people of over a century ago... THAT is what capitalism does.

In fact, even people who like socialism, enjoy the benefits of products invented through capitalism.

>>130489254

I can come with paranoid scenarios with no basis in reality but I choose to remain firmly planted in this world friend. Especially when Russia is literally talking with the creator of ETH to create a nation digital currency and the US has praised and shown interest in adopting it's own nation blockchain. BUT HURRR THE GUBERMENT GONNA BAN IT.

>>130488397
>well what is stopping you?

Me not wanting to take any risks. I got like $100k+ sitting in the bank, because decent job but loser with no wife/kids or other major expenses.

>>130488679

It's not like you even have to front your own cash. If you got a stellar business or investment idea, there are going to be bank, venture capitalists, etc. willing to lend their money to you in exchange for a cut of the profits if the project is successful. That's what all those "evil" rich guys do with their money, it's not like it's sitting under their mattress not doing any good for anybody.

Many people do not have the capital necessary to start a business and pursue their dreams, that's what fucking banks are for.

Also, okay you don't want to go play crypto? Start a fucking side business you lazy faggot and then put it into bonds or MTFs. I mean Jesus, how worthless are you?

>>130488608
Diffrent story. Also ETH couldn't have crashed because it was created in the fork. I don't know if ETC crashed though.

>>130489626
etc didnt crash either

>>130479129
(You)'ve earned it.

>>130489388
>Guy with 1 billion dollars. (Not much but there are poor billionaires too.)
>Get attacked by people who wants to spread the money to the entire world.
Uhm yeah, that's not going to happen and it's not what I recommend.

I just stated how the economy works and how money is removed from the market.
The suggested transparancy is to deal with corruption.

However, removing the "freedom" to move your money to whatever nation you like, i.e. forcing you to spend 90% of the money where you earned it, will have it trickle down in one way or another.
Currently Globalists talk about Freedom but it's really about Tax evasion and getting money away from the area where you earned it.
It's more akin to a hustler juggling a ball under cups, and as people notice their pockets are empty he disappears forever.

(Globalist Freedom exhibit A: Soros Foundation)

>>130489444
but you typed
> putting their money in the stock market, and enjoying that sweet 15% tax rate.
So go ahead.
Enjoy.

>>130489372
the question is how many is too many?
it seems anyone can make a crypto and market it for shekels, so right now all crypto is essentially speculative
there are no fundamentals to crypto

>>130473271

>Why are the fucking worthless faggots of this world so against this?

Because apparently you don't even understand what CAPITALISM is either. It's about freedom and having a State that respects individual rights. You have the FREEDOM to make money or not. That's the point. You have a right to the fruits of your own labor and to have property and use it as you want. That's what capitalism is, it's not about having the property, rather having the freedom to have property and everyone respecting that right.

The problem is people like you and those you oppose have this shallow understanding of capitalism as "capitalism=me have moneyz!" So it leads to them opposing freedom itself, since they don't understand that the same freedom that allows someone to have tons of wealth also allows them to have it to and be free in all other areas of one's life.

>>130480228
>>130480560

The guys lying saying to just study economics. I have a degree in Finance and I'm still broke because turns out knowing how money works doesn't entail money magically coming to you. He got a hand out and made good on it. You don't get to make money unless you have money so don't tell random people online they be as successful as you are.

Knowing about finance and economics with no damn money is a useless endeavor.

>>130489433
>Crypto currencies are not going to be banned. You are paranoid!
Don't think you realize what a threat they are to the big banks.

Russia? So how much is a BTC in Rubel?
And yes, I've done my homework and even if my prognosis may be wrong, I still believe it's the most likely outcome.

I also don't know if you have a lot of cryptocurrencies in your portfolio but that would mean you have a reason for people not to doubt it, but you do seem overly optimistic. Someone who made a load of money quickly can easily become optimistic.

>>130490016

I don't mind paying 35% income tax if it means I don't have to risk losing my money if an investment goes to shit.

And I don't blame others for doing the same thing. Just don't fucking bitch and moan about being poor if you're not willing to risk and put your money on the line like the rich person.

The reason they're making 10% gains on their capital is because they could just as easily lose what they've invested if a business or industry has a downturn. High risk, high reward.