/biz/ - Business & Finance

>>24848888
20k broke in 60 minutes bobo

>>23364318
>foreign nations can't fuck your autarky thats kinda the point of the thing

Yea they can finance unions and turn the communist and bring you down.
Argentina was autarky and collapsed that way.

>also no nation or currency can replace the usa as the world hegemon

This is Peter Zeihan tier argument, if he would have been moved to the 1500s he would have told you to invest in the aztec empire due to the demand for their crops and secured capital and yet 300 spanish conquered an empire.

You really think if the world get's angry at the usa they can't bring it down?
Look what's going on, this entire covid meme appears to be done to force the usa into a currency devaluation..

>global trade is already dedollarizing

True with China gaining that ground which is why the usa is worried.

>so the hyperinflation from printing argument is not a problem

The usa currency goes 60% to other nations of course there is no hyperinflation the usa even has deflation.
Kill cash and you kill that demand and the usa can't compete against 1.2 billon chinese neither maintain it's navy.

>an unimaginable amount of money was already printed since the 2001 crisis, it didn't cause food staple hyperinflation, fully controlled edollars will not either

https://fred.stlouisfed.org/series/BOGMBASE

Wrong after 2008 and the reason why the usa didn't hyperinflate is because qe pumps stocks and the rich don't outbid for food , they outbid for investments as real estate which inflated like hell.

Should the usa go e-cash it will collapse in a matter of 3 or 5 years, as the suburbia economy collapses to the point people can't even pay their energy to go to work.
You underestimate global demand for usds for savings.

>>18960474
debt is unironically good right now.

>>18121242
>I can see the point about it being a 'safe haven asset', it's the global reserve currency. Don't know how much longer the HKD peg will last.

I can't see it any longer i twas understandable after ww2 with the soviets having 10 times the troops at europe borders that the rest of the allied troops.
So burgerland could print in an emergency such as a war.
But now it's retarded as fuck because everyone devaluates against burgerland currency destroying us jobs, burgerland prevented this by opening other markets and exporting it's corporations.

But now every other market is imploding due to the fact the usd is the only safe haven and burgerland will implode too if this causes permanent deflationary issues.

>What type of event would cause this? the excessive printing to keep up with demand i.e some kind of float thing?

Burgers experiencing serious food inflation or a communist revolution due to how high real estate and rents go due to the inflation since burgerland can't export the inflation of things with low supply like housing, healthcare or education since those needs to be produced locally and the inflation hit's them hard reserve currency or not.

>What am I missing? help a brainlet out

Nothing you get it better than most , the problem is the system is so retarded and was "build" accidentally after the end of bretton woods that the boomers in charge probably don't even understand it.

>>16295864
Ah yes, see you're going through the five stages of grief. Hope the anger doesn't last too long.

>your next line is "Dilate"

>>16190753
Not with that IQ.

>>16137879
btw i got it to work , pretty easy , send me some to test this stuff

46VrN4FExqeYyrjSNo7uVYgGV5jXQN5uueJCL91pEYroUxTMunCFM7UUtLCwnutosFg6voTEb3M5x6iM1u8r6bVCHb6z4z7

>>16123338
>if i recall correctly btc will need to go above 30k to be profitable

Of course at current inflation we need 16m of new money to enter the market to mantain the price.
At 6.25 block rewards that will mean that to mantain 9300 usd per coin we need 8m new usd per day.

This mean btc will do 100% increase in price without any problem.
Only reason ltc collapsed after it's halvening is because it's not a fiat ramp into crypto nobody buys ltc with fiat.

It's incredibly how you bsv cucks go from anti btc to anti crypto when exposed.

If btc could not mantain it's hashing rate at 6.25(with high fees) , what could you expect from bsv.
But then again when you let anyone upload things like child porn into your fuckin blockchain it's very clear that your entire shitcoin is an attack into the concept of cryptocurrency.

>>15788215
Bumperino before i go to sleep for anons waking up.

>>15697668
No fuck you bobo i am never selling my btc , consider them out of circulation.

>>15674244
Bamp itt

>>15671400
Bumperino

>>15655979
Not only that , miners sell about 70% of their income to upgrade asics otherwise they end up in the negative due to newer asics being stronger.

Once we hit moore law in 2021 and the last asics arrive miners will also stop dumping about 70% of their production.

Satoshi will defeat Keynes.

>>15653576
That's weird faggit but happy you found old qt to choke.

>>15528913
Crypto adoption is strongest in developing nations than in the first world , just look at localbitcoins data.

Just consider the fact that nigeria will have more people than the entire eu in our lifetimes and that it's an unbanked nation.

The future of crypto is bright , bitcoin will remain the reserve currency of the crypto system due to it's insane hashrate(due to high fees) , other coins will take the payment place later.

Consider that as we enter the 2020s we will see the first cryptocurrencies having lower inflation rates than fiat currencies.

This will be a monumental historic thing overlooked by economist worldwide that don't understand the tech and overlooked by the techfags that don't understand the economy.

BTC , LTC ,BCH ,XMR and after that even more cryptos will have lower inflation than national currencies let that sink , cryptos are where the internet was in 1998.
https://coin.dance/volume/localbitcoins

>>15501028
Next year bitcoin and all it's forks will have less inflation than fiat currencies , monero and litecoin will soon follow.

This will cause an acceleration in the price rise , 2017 bullrun was actually the weakest , theory back in 2018 was that the cycles where longer and weaker , and yet once again we are viewing an acceleration , it's probably because once we have lower inflation than fiat it will be safer to have money in bitcoin than in cash.

>>15490281
M80 I get your point but if the stock market suddenly tanked harder than BTC did in 2018 then I think you're gonna have way more problems than wageslaving. It means society is crumbling. Only people who will profit at that point is shiny rock boomers

NBRV is at 2 dollars bros.

HERE WE GO TAKE ME TO THE TOP, INSTITUTIONS