/biz/ - Business & Finance

dyor, kiddo

Start by reading this book

>>26438728
This is the ultimate /biz/ book

>>17639459
Books
> The Bitcoin Standard
Perfect for absolute brainlets and explains monetary theory well
> The creature from Jekyll Island
Why the fed is evil and you are a slave
> The Servile State
By Hilaire Belloc on why usury = evil and how dept controls the world
> Democracy the God that failed
By Hans Hermann Hoppe on why libertarians = best and monarchy > democracy

As a bitcoiner you are supposed to have read this

>>15859385

>>14692822

It's impossible to support anywhere near a $100K price before the halvening unless some global event changes things and people are moving to Bitcoin

has anyone of you newfags read this book?

>>14071448

Exactly two years ago this was the value of these coins

> ZCASH - $330

> Monero - $59

https://coinmarketcap.com/historical/20170611/

Regardless of what you think about the tech, that inflation just kills ZCash's value. Considering that there are only 1 million XMR left to mine then it's only the tail emission which is less than 1% inflation while there are more than 14 Million ZEC left to mine, you absolutely have to be retarded to pick ZEC. The only reason you would pick ZEC is if you think it is going to be adopted as THE privacy crypto. But you look at acceptance across darknet markets and XMR has made major traction in that area (although it's still majority Bitcoin).

>>14051293

This is a brilliant economist so of course he believes in Bitcoin and not shitcoins. He writes the forward for the Bitcoin Standard:

> Which is why Bitcoin is an excellent idea. It fulfills the needs of the complex system, not because it is a cryptocurrency, but precisely because it has no owner, no authority that can decide on its fate. It is owned by the crowd, its users. And it has now a track record of several years, enough for it to be an animal in its own right. For other cryptocurrencies to compete, they need to have such a Hayekian property

Another interesting thing he tweeted:

> Bitcoin: my answer to the repeated questions. No, there is NO way to properly short the bitcoin "bubble". Any strategy that doesn't entail options is nonergodic (subjected to blowup). Just as one couldn't rule out 5K, then 10K, one can't rule out 100K.

https://twitter.com/nntaleb/status/939526347730407424?lang=en

>>11644476

Taleb wrote the forward in the Bitcoin Standard. He's very pro-Bitcoin.

> “Bitcoin has no owner, no authority that can decide on its fate. It is owned by the crowd, its users. And it now has a track record of several years, enough for it to be an animal in its own right. Its mere existence is an insurance policy that will remind governments that the last object the establishment could control, namely, the currency, is no longer their monopoly. This gives us, the crowd, an insurance policy against an Orwellian future.”

https://medium.com/opacity/bitcoin-1537e616a074

>Great introduction to the history of money
>Compares our modern day economy and makes a solid case for Austrian School of Economics
>Very informative on how our current markets and the federal reserve work
>Dollar and all fiat going to shit
>Bitcoin is our last hope.
>Takes a massive dump on all altcoins. Bcash. Eth. Link (by hinting). Claiming it’s all hype, even hype from the world economic forum

A solid 8/10. It’s discussion on blockchain was too superficial to warrant such negative comments. Makes you want to save your money in BTC, but then you realize that the winners were the early adopters... but then you realize BTC is the only long term safe place to store our money.

Are you ready biz? Bitcoin is the greatest hard money ever created. Hard money is good. There isn’t even a Wikipedia on it. ((they)) memory holed it to be the cause of recessions. Pick up any Econ textbook, the government is as holy as God is in scripture, an omnipresent figure. Why? The only way we get out of the inflationary fiat government currencies is to create something out of the blue that takes them by surprise.

>>10538844

Makes me feel better Anon. Everyone thinks I bought Bitcoin in 2014 and I made bank. That shit was dropping until end of 2015 and I didn't have the nerve to buy more. When it did go up, I didn't trust it. Plus spent what is now a fortune on dark net markets.

Mine coins are time locked now.

We are at the dawn of a new age gentlemen. Read this book. Understand the history of money and why gold was such a good foundation for money in the past. Understand why Bitcoin is the best candidate for such a foundation of money in the future. Understand why holding no Bitcoin is very risky. Worst of all, you are going to be the biggest fool holding some shitty alts if you don't at least hold some Bitcoin.