/biz/ - Business & Finance

>Does buying Bitcoin protect me from above ?
Yes. Politics is a memetic parasite, oligarchs don't have meaningful control over Economy, they can only manipulate currency, ignore memeshit and acquire Money™ (ticker: BTC)

>>57254510
BTC wasn't invented to hide from the State like a dickless faggot, it was invented to provide Economy a weapon to slay the Adversary.

>shitcoins are not engineered to kill central banking, they are engineered to transfer your money to a few insiders, preminers, scammers and venture capitals - they will cashout and dump on you
>FIATs like USD/EUR/GBP are all fake, printed out of thin air, unlimited supply, permanently bleeding SHIT-CURRENCIES
>BTC is engineered to attract (futile) attacks by central bankers, governments, mainstream media, keynesians and parasites cause it makes them all irrelevant
>BTC has no top cause all FIATs have no bottom
>BUY ON SPOT MARKETS ONLY
>NEVER USE DERIVATIVES like futures and options, they are just USD-only trading on fake paper-BTC, they dilute the supply canceling the scarcity effect, kill the price discovery, and help market manipulators to keep the price down with naked short selling
>when you keep your money inside an EXCHANGE you are getting SCAMMED with FRACTIONAL RESERVE and you are exposed to risk of CONFISCATION
>NO KEYS NO PARTY, use hardware wallets, move your coins into cold storage, BACKUP your keys/seed
>NEVER TRUST CENTRALIZED PARTIES (exchanges, banks, custodial services, lending platforms, centralized shitcoin wraps like WBTC)
>CBDC (central bank digital currencies) are a SCAM, central bank rugpulls, they will lose value even faster, kill your privacy, restrict your ability to freely spend your money
>DO NOT SELL WHEN THE MARKET IS TRYING TO SHAKE YOUR POCKETS, BUY MORE
>don't try to time the market, 50% crashes are normal, do not leverage, 2X long leveraged traders will get wiped out
>DO NOT SHORT, LONG LEVERAGE, SWING (or you will lose it all)
>BTC is not a get-rich-quick scheme, it's a don't-get-poor-slowly scheme
>run a full Bitcoin Core node, don't trust, verify
>CoinJoin
>use non-custodial LN wallets for small tx
>don't think it's too late, it's never late, FIATs will always keep bleeding purchasing power
YOU ONLY HAVE ONE TASK, BUY SPOT AND KEEP YOUR PRIVATE KEYS SAFE AFTER WITHDRAWING YOUR BTC INTO COLD STORAGE
DON'T FUCK IT UP ANON

>>57037645
New ATH on Christmas day

>I'm the One

>>56907202
Bitcoin (ticker: BTC)

>>56908099
>7 fig BTC
Checked and truth. Unironically, the smarter of the monied elite have realized there's no brakes on this train, remember, you can't buy what's not for sale. Hyperbitcoinization has already happened, BTC is a fixed unit of account, we can finally measure all by all, there is no way to guarantee more BTC by holding BTC. The smarter of the monied elite realize this, but again, you can't buy what isn't for sale, the only way they're getting their hands on the only thing that will ever be a true, cryptographically fixed, universal unit of account, is to buy it. They will pump it until they get their dragon hoard, there will be ups and downs but one thing is certain: 1 BTC = 1 BTC.

Statist dullard. How many paper scraps, how many grams of shiny rock, how many ones and zeros MUST you have to build a sky scrapper, a power plant, a car factory? None, of course, you need resources, not money to do things, money isn't a thing, it's a unit of account. "Hoarding money" does nothing, absolutely nothing, as you haven't removed anything real, monetary expansion is however always parasitic, for what is created when new money is created other than a new fraudulent claim on existing resources? Bitcoin's value is now and has always been an absolute fixed unit of account, BTC is a technical solution to the political corruption of money.

Think fifth dimensionally for a femtosecond:
1) Hyperbitcoinization eliminates parasitic economic transactions by enforcing positive sum gaming
2) Increasing BTC value pushes us closer to hyperbitcoinization realities
3) Increases in value of BTC translates to DIRECT increases in worldwide economic efficiency by granting greater economic influence to positive sum actors

BTC bootstraps itself being both safe haven, a politically, cryptographically, and mathematically fixed unit of account, and risk asset (liquidity sponge) this creates a positive feedback loop under expansitory regimes. As futures where BTC gains value outperform futures where it does not (by granting greater economic influence to positive sum actors), BTC will gain value in all realities which operate under fiat/debasement systems. Bitcoin is an inevitability.

You do realize State is a mere memetic parasitic while Economy is a nigh-omnipotent superorganism, right?

>>56832999
PUMP IT, BOY SMINEM

>>56821112
Bitcoin will be a cash alternative in the future. Bitcoin will be accepted as currency for transactions with retailers and peer to peer.

Money literally flows, monetary expansion causes money to flow almost exactly like electricity, with the "monetary impedance" (how easy an asset converts to money) of an asset determining how fully an asset inflates for a given increase in monetary base. The nominal future price being a product of (monetary expansion/monetary impedance)*(real demand growth). BTC, being low impedance, will grow at the rate of (monetary expansion)*(demand growth), demand will continue to grow because an inverse of monetary expansion without liquidation risk, volatility decay, or counterparty risk is highly valuable, money stock will continue to expand because monetary expansion is the mechanism behind oligarchical parasitism.

DONT CARE
NEVER SELLING

Think fifth dimensionally for a femtosecond:
1) Hyperbitcoinization eliminates parasitic economic transactions by enforcing positive sum gaming
2) Increasing BTC value pushes us closer to hyperbitcoinization realities
3) Increases in value of BTC translates to DIRECT increases in worldwide economic efficiency by granting greater economic influence to positive sum actors

BTC bootstraps itself being both safe haven, a politically, cryptographically, and financially fixed unit of account, and risk asset (liquidity sponge) this creates a positive feedback loop under expansitory regimes. As futures where BTC gains value outperform futures where it does not (by granting greater economic influence to positive sum actors), BTC will gain value in all realities which operate under fiat/debasement systems. Bitcoin is an inevitability.

>don't try to time the market
>don't sell your btc to billionaires for cheap
>50% crashes are normal, get used to them
>DO NOT SELL WHEN THE MARKET IS TRYING TO SHAKE YOUR POCKETS, BUY MORE
>don't think it's too late, it's never late, FIATs will always keep bleeding purchasing power
>don't short (or you will lose it all)
>don't long with leverage (or you will lose it all)
>don't swing (or you will lose sats)
>JUST BUY BTC, HOLD FOR A DECADE, AND KEEP YOUR PRIVATE KEYS SAFE, OFFLINE
>don't keep your btc in an exchange, buy them and transfer/store them offline immediately, safely, do 100 backups of the wallet.dat or the seed key, again offline
>CBDC (central bank digital currencies) are a scam, a digital equivalent of fake FIATs money
>every project shilling FIAT CBDC or bad traditional finance derivatives is a scam, DERIVATIVES ARE PURE GAMBLING, STAY AWAY
>sats is all that matters, all shitcoins bleed to zero in the long term, if you don't trust me, check 2017-era shitcoin mothly charts
>don't trust services like paypal, or other "you cannot withdraw your btc offline" services
>don't wrap your btc (wbtc/sbtc/tbtc/renbtc and similar are scams, and they will run away with your private keys, while you will be bagholding a worthless erc20 shit-token)
>don't buy btc with funds like grayscale, you have to pay a premium and you are not even sure if they are 100% backed by btc, high risk of fractional reserve and no key ownership, same with us equities / stocks with BTC in the balance sheet like MSTR, you get only partial exposure and you are basically buying with fractional reserve, JUST BUY BTC
>i was buying below 1000$ and i will still keep buying above 40k/50k/100k
>YOU NEED 56 MILLION SATOSHIS (0.56 BTC) TO BE IN THE TOP 20% OF BTC HOLDERS
>0.1 BTC is 10M satoshis, you will regret one day thinking 0.1 BTC was too little to own
>BTC is not a get-rich-quick scheme, it's a don't-get-poor-slowly scheme
YOU ONLY HAVE ONE TASK, BUY AND HOLD BTC
DON'T FUCK IT UP ANON

>>56712706
You had fifteen years. You still have time, but of course you won't use it:
1) Hyperbitcoinization eliminates parasitic economic transactions by enforcing positive sum gaming
2) Increasing BTC value pushes us closer to hyperbitcoinization realities
3) Increases in value of BTC translates to DIRECT increases in worldwide economic efficiency by granting greater economic influence to positive sum actors

BTC bootstraps itself being both safe haven, a politically, cryptographically, and financially fixed unit of account, and risk asset (liquidity sponge) this creates a positive feedback loop under expansitory regimes. As futures where BTC gains value outperform futures where it does not (by granting greater economic influence to positive sum actors), BTC will gain value in all realities which operate under fiat/debasement systems. Bitcoin is an inevitability.

Think fifth dimensionally for a femtosecond:
1) Hard money eliminates parasitic economic transactions by enforcing positive sum gaming
2) Increasing BTC value pushes us closer to hyperbitcoinization realities
3) Increases in value of BTC translates to DIRECT increases in worldwide economic efficiency by granting greater economic influence to positive sum actors

BTC bootstraps itself being both safe haven, a politically, cryptographically, and financially fixed unit of account, and risk asset (liquidity sponge) this creates a positive feedback loop under expansitory regimes. As futures where BTC gains value outperform futures where it does not (by granting greater economic influence to positive sum actors), BTC will gain value in all realities which operate under fiat/debasement systems. Bitcoin is an inevitability.

Think fifth dimensionally for a femtosecond:
1) Hyperbitcoinization eliminates parasitic economic transactions by enforcing positive sum gaming
2) Increasing BTC value pushes us closer to hyperbitcoinization realities
3) Increases in value of BTC translates to DIRECT increases in worldwide economic efficiency by granting greater economic influence to positive sum actors

BTC bootstraps itself being both safe haven, a politically, cryptographically, and financially fixed unit of account, and risk asset (literally sponge) this creates a positive feedback loop under expansitory regimes. As futures where BTC gains value outperform futures where it does not (by granting greater economic influence to positive sum actors), BTC will gain value in all realities which operate under fiat/debasement systems. Bitcoin is an inevitability.

I got there by holding BTC, you had fifteen years but you didn't listen. Now you have 16 more years but I'll you'll still not listen, but you will learn.

>>56671377
No, BTC to no less than $15T mcap in 2023 dollars by 2040. BTC is organic stateless trustless money and as such solves money, it brutally punishes parasitic economic transactions and as such renders the world more efficient as it gains strength. Bitcoin is an inevitability.

It's not bad, but parasitic oligarchs can't leech without nominal growth.

Money literally flows, monetary expansion causes money to flow almost exactly like electricity, it flows into liquid assets just as electrons flow into low resistance, or water flows into unobstructed channels. The wage/productivity divergence e.g. is caused by this phenomenon, as labor is an exceptionally illiquid asset. The same pattern is seen in other illiquid assets like housing, notice that high-end housing has seen a SHARPER decline (factored for money stock) than low-end housing, which is to be expected as high-end property is even less liquid than normie SFH. In contrast, liquid assets which have reached full capitalization exhibit a flat trajectory when factored for money stock (gold, broad market) while liquid assets that have yet to reach full capitalization exhibit upward trajectory after factoring (BTC, tech sector). The social decline always associated with monetary debasement is caused by this money flow phenomenon, as monetary expansion results in the ineffective parasitic net transfer of resources from income earners to oligarchs, or more broadly, parasitic resource transfer from illiquid asset holders (labor being exceptionally illiquid) to liquid asset holders.

This is not bad because it's 'unfair' this is bad because it's INEFFICIENT, Economy is naturally positive sum, but fiat allows the manipulation of Economy to favor zero and even negative sum economic transactions. Blasphemy! Economy will not abide -- "The market ahh finds a way" -- and a way it found.

BTC solves money by being transactionally easy hard money, BTC being the best liquidity sponge guarantees it's continued organic growth. Bitcoin is an inevitability.

Correct.

Money literally flows, monetary expansion causes money to flow almost exactly like electricity, it flows into liquid assets just as electrons flow into low resistance, or water flows into unobstructed channels. The wage/productivity divergence e.g. is caused by this phenomenon, as labor is an exceptionally illiquid asset. The same pattern is seen in other illiquid assets like housing, notice that high-end housing has seen a SHARPER decline (factored for money stock) than low-end housing, which is to be expected as high-end property is even less liquid than normie SFH. In contrast, liquid assets which have reached full capitalization exhibit a flat trajectory when factored for money stock (gold, broad market) while liquid assets that have yet to reach full capitalization exhibit upward trajectory after factoring (BTC, tech sector). The social decline always associated with monetary debasement is caused by this money flow phenomenon, as monetary expansion results in the ineffective parasitic net transfer of resources from income earners to oligarchs, or more broadly, parasitic resource transfer from illiquid asset holders (labor being exceptionally illiquid) to liquid asset holders.

This is not bad because it's 'unfair' this is bad because it's INEFFICIENT, Economy is naturally positive sum, but fiat allows the manipulation of Economy to favor zero and even negative sum economic transactions. Blasphemy! Economy will not abide -- "The market ahh finds a way" -- and a way it found.

BTC solves money by being transactionally easy hard money, BTC being the best liquidity sponge guarantees it's continued organic growth. Bitcoin is an inevitability.

>top-down worldview
Hobbes's Leviathan is a Meme Complex as per Dawkins, Law is ex post facto codification of prevailing meme complexes, Law has no power, State has no power, meme complexes hold all the power attributed to these institutions. The world is bottom-up not top-down, emergent, organic, the State a dying memetic parasite, feebly grasping for relevancy after technology obsolesced it's function (propagation & memetic convergence) within the meme complex. "Nothing ever happens" "everything is fake and gay" why? Because the State is dying, if not already dead, a bloated memetic corpse puppeteered by grifters.

The last meaningful lever the Statists have is fiat, from which their influence over Economy rests, but this influence is perverse and inefficient, while Economy is naturally positive sum, fiat allows the manipulation of Economy to favor zero and even negative sum economic transactions. Blasphemy! Economy will not abide -- "The market ahh finds a way" -- and a way it found.