/biz/ - Business & Finance

>its not TANGIBLE and physical
Why does this matter? You disregard Peter Schiff when it comes to talking points like that, he pulls talking points out of his ass that do no pertain to economics. "Intrinsic value" is not a thing, value is subjective. Sometimes people can come to value something just knowing that innumerable others value it.

>and any number of carbon copies can be made.
That's not the same thing as bitcoin suffering from inflation. So why does that matter. There's no dilution of the supply of bitcoin there.

>what happens when governments ban fiat on ramping? its not like gold where you can truly have privacy and transact offline.
What country are you in? Seems very very unlikely in the United States, having watched previous congressional hearings on bitcoin/crypto legislation. Pic related is a US congressman. Maybe go watch some of the congressional hearings if you are concerned.

>>23998869
people won't remember when a US congressman said this in a hearing on crypto so I will post it to bump this thread

>>23747383
BTC market cap dominance might chill out and dip after it hits 75% I suppose

ye

>>15270555
>>15270555
CHECKED, TRIPS ANNIHILATION

>>15185727
this he's going down and thus all of ethereum

>>15131784
Don't be a semantic fag, plenty of top 100 CMC cryptos have gone down to goblin town to never return before. You could have tried to time their bottoms too.

LET IT BE STATED IN THE CONGRESSIONAL RECORD

>>15021825
SENT is a shitcoin bro. Just like VIDT, BRAP, JNT, QNT, FTM, CRED, NUKE, and BOMB.

LINK is literally it.

there's bitcoin and then there are shit-metals

schiff doesn't austrian economics he just larps

>>14881842
reddit has just as many shitcoiners as biz, and the level of discourse here is actually worse.

>>14883241
It's probably too late for anyone to put money in crypto starting from the financial standpoint of your average commoner unless you get lucky and play your cards 10x better than most alt speculators. Doesn't mean it's too late to make good money that will grant you more security and more opportunity to carve out a better life. More altcoiners will get rekt just waiting for alt season to arrive than those who make the right moves and really "make it" off the next irrational alt-mania.