Crypto has "value" in that it can be converted into another fiat currency that the world accepts as valid and valuable. Without a fiat currency to convert it into, crypto is worthless. The measure of "50K" per coin shows this flaw. You can't describe the worth of crypto without describing it in some other currency. crypto is also worthless without the internet.
Jews control fiat through central banks and currency manipulation. Jews can't control bitcoin because it's programmatically defined, open source, distributed, and requires global consensus to change (manipulate).
I can store it in my head and the government can't just come take it. Let's say you have gold that, at the current exchange rate, could be sold for $5M USD. Better hope nobody knows you have that in your basement... Being invaded and need to flee? Hope you don't get robbed on your journey. Want to send it to your friend on the other side of the world? How you gonna do that... I sure as shit hope you don't just have an email stating, "thanks for your purchase, you now have 10 gold bars" - good luck with that if the world gets wonky.
Literally everything of value depends on someone else desiring it and being willing to give you something you deem valuable in exchange. Saying bitcoin is only valuable because others are willing to give you USD for it is fucking retarded. Yeah, you're right, and nobody disagrees, but you didn't win any arguments by stating the obvious. And this applies to USD also, and when (((somebody))) eventually kills USD it will be worthless too, and the world will move on. Shit, they're 99% of the way there... Look at the value of USD over time...
Bitcoin is dependent on the internet, and, more importantly, miners and the network. Just like USD is dependent on the US government and the US army. Currently, I have more faith in the internet and the bitcoin network. I'm trading what I have of value for BTC. If you think USD, or whatever else, is better, then you're welcome. I'm not competing with you for it, so it's cheaper for you.
Every store of value has pros and cons. I've done my research and decided bitcoin is one of the places where I want to store my value. If you prefer somewhere else, good for you. But you're argument that bitcoin=bad does not have a solid foundation
100%. It is digital gold that can be more easily exchanged.
false. gold has inherent value. shitcoin does not. gold has had value for 10000 years.
When electricity finally gets removed how will your bitcoin be valuable? It's value is literally based on the electrical grid.
If the electrical grid goes down, lead will be worth way more than gold.
Bitcoin is a hedge against a certain level of uncertainty. It isn’t a doomsday currency, but definitely a “we printed 40% of the paper money in circulation in just the last year so infection will inevitably come and rock is over “ hedge.
Explain to me how it is worthless when I'm using tiny portions of my crypto to stack silver. No conversion to USD required.
You also can't describe the value of gold, silver, euros, or any other medium of trade without comparing it to something else. That's how trading works dumbass. We could say 1 btc is worth 6 million loaves of bread, but that's retarded.
Thats a lot of bread ovens..
you buy things with your shitcoin because you have found a greater fool to sell it to.
That's how trade works. Things are worth what someone will give for it. Only 1 person needs to value it at a price to set the price there.
Dude, you're wrong. You can purchase all manner of things using Crypto directly. No Jew Fiat involved.
yet virtually all shitcoin buyers are holdelers trying to get rich quick. the fees on bitcoin are too high to justify buying a cup of coffee with it. and whatever special properties of one shitcoin can be copied by another shitcoin the next day and be improved upon. shitcoin doesnt have to be fiat to be inherently worthless. there is no intrensic value. gold and silver have never been worthless or lost their value in 10000 years.
Have you, similarly, tried purchasing a cup of coffee with gold?
Also, The intrinsic value of gold is derrived by both the cost to manufacture and the rarity. Crypto similarly costs electricity to create. This creates a floor where producers aren't willing to sell below. And, it's rare enough to encourage people to try to risk spending money on to try to manufacture.
That said, everyone should own gold and silver.
No you stupid faggot it's a means of exchange. People bought off the SR exclusively with btc for years. People purchase with it now with no fiat involved. People store value in it. Just because you don't see value in it does not mean it doesn't exist.
I could express value in many ways. Vs the dollar is the standard. God damn you are fucking stupid. Seriously just go read a fucking book. God damn only a stupid bastard could think something purchased for 50k "has no value". What a fucking retard.
You conveniently ignored the "no internet" part.
You got really offended here. Why is that? Who are you trying to convince here, me or yourself?
let them be rich on paper. theyll be shitting bricks when the power goes off and they finally learn the lesson of just how much 'wealth' they actually have that people have been warning them about for years.
theyre scam victims. the sole value of this stuff is for however much these desperate saps who learned that lesson are trying to unload it for. the actual money that was originally transferred into the system is gone - ponzi schemes arent ponzi schemes only after people realise theyve been scammed, they start off as a scam.
What are you going to do with a stock if the internet crashes? Is that some proof stocks have no value? God damn I swear the people always saying niggers are dumb....
You dont think people think of that risk before they drop millions in these markets? If you knew so much more than them you wouldn't be some poor motherfucker crying on the internet.
name one single way your special shitcoin has intrinsic, inherent value? ill wait.
Store of value.
Means of exchange
what inherent value does your brand of shitcoin have?
dopes that believe its worth money
Means of exchange
Store of value
This is easily disproven by people buying goods and services with btc. People buy cars, houses, and groceries with btc. People store value in btc. These things are easy to observe. They happen with no conversion. People use it as a means of exchange. That has value. Like it or not. And it's not a theory. Happens every second.
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