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/biz/ - Business & Finance

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>> No.24792356 [View]
File: 15 KB, 292x300, Frederic-Bastiat.jpg [View same] [iqdb] [saucenao] [google]
24792356

>>24792314
You got it

>> No.24733678 [View]
File: 15 KB, 292x300, Frederic-Bastiat.jpg [View same] [iqdb] [saucenao] [google]
24733678

>>24732694
Taxation is extortion.
If you think otherwise you are retarded.
Fuck you

>> No.24592105 [View]
File: 15 KB, 292x300, Frederic-Bastiat.jpg [View same] [iqdb] [saucenao] [google]
24592105

>>24591877
>yes anon commodities have no inherent value
>now if you would please liquidate your net worth, convert it to gold and forward it to me that would be great
you don't get it

> but the simple fact that it has no tangible, inherent value in and of itself.
Because nothing has inherent value in and of itself.
What's the value of gold now ? And in a future where you mine asteroids ? That's it.
What's the value of a water bottle in the desert ? And in a kitchen ? That's it.
So, compared to Fiat and Precious metal in 2020, does crypto-currencies, taking the role of money (the derivative of value) a rational thing to think ?
Obviously, considering their relative superior utility as a derivative of all value.

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