/biz/ - Business & Finance

>>30350789
>>30351527
>make computers and everything else without gold.
>We do not “need” gold for any electronics
yes, computers that will overheat due to conduction inefficiency and oxidize, becoming worthless within a few months
ALL PHONES AND COMPUTERS CREATED CONTAIN GOLD, EVEN THE CHEAP ONES! why would we put expensive gold in all phones and computers, if we didn't need it it would've been priced out aeons ago
>Without trade
>Definition of Trade: the activity of buying and selling, or exchanging, goods and/or services
are bitcoins and dollars goods or services? they are neither
bitcoins and dollars are worthless faith based tokens backed by nothing who can be transferred by someone providing a service, for a fee; miners can transfer your bitcoin as a service, banks can transfer your dollars as a service
the act of transferring is the service, the bitcoins and dollars are NOT the service
what is the value of moving one worthless paper/bit from one adress to another? NOTHING! the value happens when the underlying product/service which they are seeking exchanges hand, bitcoin and dollars are 'fugazi' network built atop real goods and services
trade is meant to be done with commodities and certificates on commodities, a gold certificate is backed by real wealth
dollars & bitcoin != trade
dollars & bitcoin = worthless placeholders of wealth which can be transferred from point a to point b by service providers
>>30350815
yes, you can also buy gold with zimbabwean dollars
do you not see what you are doing when you give away commodities, business and products for bitcoins and papers?
you are giving away something that has immense, inherent value due to it being needed to satisfy human needs and desires for something which is only a faith based token, something which only has value so long as there is a FAITH that it has value