/biz/ - Business & Finance

>>13623813

>still asking why bitcoin has value in 2019
bullish

>>12258876
Yeah and guess who satoshi is dummy.
Also guess who is holding massive ass amounts of dollars: protip: druglords, etc. That's a non-argument.

There’s only one international reserve cryptocurrency coming and that is Bitcoin. The altcoins are fractional reserve claims on Bitcoin. Bitcoin is the only form of asset or money which meets famous mathematician and game theorist (and recently deceased in a fiery car crash) John Nash’s model of Ideal Money. Nash’s whitepaper on Ideal Money explained why other assets can’t qualify as Ideal Money. The tail doesn’t wag the dog and so non-ideal money assets can’t be cardinal to the one Ideal Money.
You probably don't have the IQ required to understand what Bitcoin really means, so please do sell.

>>12118896
>do homework for me
>wonders why he isn't rich

>>12118870
There must be pain, too many idiots on board last xmas. Once accumulation OTC is done markets will be pumped to ATH.

>>12086173
Single IQ post

>>12080685
>being this low IQ

>>11938562
The fact that you cannot afford 100k is a feature.

bump you low subhumans

legit thread

>>11875964
>bitcoin is not a currency.

No. You’re misstating our positions. Anyone with a brain in Bitcoin knows damn well that Bitcoin is primarily an asset. What the hell do you think a reserve currency is? It is not a currency used by the common (most) people.

Read John Nash’s Ideal Money to understand it is a more perfect reserve asset that is not subject to fiat control.

>i see you still don't get it. fiat has value the same way bitcoin has value. supply and demand. the difference is in small details like trust and authority based dynamic tweaking of supply with fiat and predetermined supply coded into the system with bitcoin.

The US dollar is precisely what Bitcoin is disintermediating as the future international reserve currency asset. And you can’t see the elephant in your living room of how the nation-states are trapped between giving up their sovereignty to coordinate as a world government in order to regulate Bitcoin or choosing to not regulate and being subsumed by adoption of Bitcoin. The nation-states are being destroyed by this Trojan Horse.

While the stupid goldbugs think the Chinese Yuan will dethrone the dollar, they are completely missing the elephant in their living room which is Bitcoin is in the process of dethroning the dollar as the international reserve currency asset.

China by trying to battle Bitcoin, will simply drive more of their citizens to use VPNs and further subvert the authority of their nation-state.

As the common folk cries about how Bitcoin is dead again, those that matter are accumulating OTC while the low end of the fractal allows for the discount.

>>11826125
(((they))) the nation state clusterfuck is going to collapse and Bitcoin is the tool to subvert it.
(((they))) know Bitcoin and Asia are going for world domination in 2030
(((they))) want to demoralize everyone holding Bitcoin before it becomes world reserve currency
Please study John Nash Ideal Money

>>11792337
No, because they are selling that shit OTC for Bitcoin, while you panic sell it for fiat.