/biz/ - Business & Finance

>>30370628
>>30371249

Also, I'd add to this, look at previous cases where large numbers of wealthy institutions were deeply embedded in something and then it collapsed. The Dotcom Bubble, BREX, etc. Thinking with the herd for the herd's sake has never gone well.

I highly recommend listening to this new interview with Alasdair Macleod, "Bitcoin Will Die Along with Fiat Currencies." Hear what he has to say with an open mind.

https://youtu.be/0ecSb8l8wC0

Brand-new interview

https://youtu.be/0ecSb8l8wC0

"Alasdair Macleod: Bitcoin Will Die Along with Fiat Currencies"

>>30356951
Tether is treated as equivalent to 1 USD and that's how the pump works, don't deceive people mate

>>30352121
>Anybody who questions Bitcoin is Peter Schiff!

>>30350678
>t. Alasdair Macleod
>t. Michael Burry
>t. Nouriel Roubini
>t. Authority doesn't matter, challenge arguments instead of insulting names

>>30278670
>>30278767
Picture related

>>30243545
When Asia dumps the dollar and returns to gold crypto will immediately dump to an intrinsic value of zero.

>>30177609

>>23860690

Not sure where you got this idea from that Peter Schiff is the only one who opposes cryptocurrencies. A large number of people who understand the economic fundamentals are sceptical of them. Alasdair Macleod, who is one of the most brilliant economists alive today, said only a couple of days ago:

"IMHO BTC still has a long way to go. But to overturn the history of gold is wishful thinking. Fully backed Gold and silver substitutes and circulating coins are practical and acceptable for 7bn transacting individuals. BTC will then have no role and sink to zero priced in gold."

"If BTC is truly money gold will be priced in BTC when fiat finally fails. If not Gold will be money and BTC will evolve from a store of value into possibly the biggest bubble of all time."

>>23858694

"IMHO BTC still has a long way to go. But to overturn the history of gold is wishful thinking. Fully backed Gold and silver substitutes and circulating coins are practical and acceptable for 7bn transacting individuals. BTC will then have no role and sink to zero priced in gold."

"If BTC is truly money gold will be priced in BTC when fiat finally fails. If not Gold will be money and BTC will evolve from a store of value into possibly the biggest bubble of all time."- Alasdair Macleod

"IMHO BTC still has a long way to go. But to overturn the history of gold is wishful thinking. Fully backed Gold and silver substitutes and circulating coins are practical and acceptable for 7bn transacting individuals. BTC will then have no role and sink to zero priced in gold."

"If BTC is truly money gold will be priced in BTC when fiat finally fails. If not Gold will be money and BTC will evolve from a store of value into possibly the biggest bubble of all time."- Alasdair Macleod