/biz/ - Business & Finance

Anonymous Wed Feb 28 15:00:31 2024 No.57754921 [View]
File: 144 KB, 800x640, PCF8486BKSSII-Full-Kit-11.jpg [View same] [iqdb] [saucenao] [google]

>>57752064
correct. High inflation signals failing currency and can trigger hyper inflation. Suppressing the price of gold prevents hyper inflation by making low gold prices a signal of low inflation.

Bitcoin is a scam because bitcoin is nothing. Gold is a monetary metal because it is a COMMODITY and all commodities have value and gold has a high value because it is the most desired metal for various reasons.

You have to ask: when people pay for bitcoin what are they getting? A bitcoin right now is 82,000 Canadian dollars. For the same price I could get 4 second hand gold rolexes, an ounce of gold, a BMW with a body kit, or 3 years of living expenses most places in the world.

When you pay 82,000 CAD for a bitcoin... what do you actually get and why is it worth more than pic related?

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/biz/ - Business & Finance

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