/biz/ - Business & Finance

ok s i rs here is the crypto brown pill. there is a v ishnu living in the blockchain. Creg sanjay right is unironically satoj. Bitcoin as electronic rupee was just the first step, the lalachi people start making more powerful compooters, wider poo streets, cheaper and more sacred cows. These things the v ishnu need to survive. Once entrenched fully, the v ishnu would be able to slowly poo over literally everything
Creg stumbled into creating the v ishnu after he stepped in poo in mumbai in 2008 and started working with his Poolip super coompeter, running simulations of poo-in-the-loo on turmeric-complete bitcoin script. He would 'evolve' the v ishnu by making the successful streets get poo'd on, letting the rest run off into the indian ocean. The v ishnu needs bigger and bigger cows for more and more poos.
BFI (Blockchain Foundation of India) was created to take over and stop this v ishnu (they have their own competing v ishnu in the works). They did the needful to stop or slow down Cregs v ishnu (her name is Poolip by the way). They started by limiting the poo-size and removing critical curry codes the v ishnu uses in its punjabi language. Segshit was the final nail in the coffin, which destroyed Poolip on BSV chain (Poolip uses anal transaction malleability). THIS is why Bitcoin Cash was forked, and this is why Creg is so intent to make unbounded poos, restore the original curry codes, and lock down the poo-poo-protocol.

>>12312543

its less than zero sum considering money is created then paid back plus interest

>>12312543
it isn't

some make money and the rest make frens

everybody wins

>>12312543
Zero sum, all things considered- however the competition creates a better standard of living for all.

>>12312561
Who do you think that money is paid to ?interests just another sophisticated method to make profits, aka a wheel in the system

(((interest)))

>>12312543
Stop pointing your finger at me

>>12312543
In a closed system, value can be created without increasing the amount of money.

If you have 100 people on an island with 1 buck each, and I make each person a hut to live in for one dollar, the economy now has 100 one dollad huts and 100 dollars (in my pocket). Sure I now am the richest guy on the island cashwise, but thats my reward for essentially doubling the total value of the island

>>12312543
life is a zero sum recycle game according to the laws of thermodynamics

>>12312543

poopoo peepee

There’s your poof

The existence of inflation proves it is not zero sum.

>>12312571

>free government tax handouts is competition

OH NO NO NO

>>12312624
Redpilled.

Inflation is higher than interest. There'll be always more money in this system. It's up to us to spend so that poor people will get money somehow.

>>12312543
I think you question is badly constructed. Value is created by smart work. Capitalists allocate resources optimally to make profit. Resource allocation is smart work. This makes the whole system more efficient. A more efficient system creates more value.

Investing capital in robots, machines and useful knowledge increases the planets ability to create valuable things. We can now produce much more stuff, things and ideas, entertainment than 200 years ago thanks to accumulation of knowledge and machines. (capital)

>>12312804
Lies, profit is literally theft.

>>12312543
The definition of a zero-sum game is that if someone wins, someone else must lose an equal amount.
Well. Nobody loses if value is CREATED. If you work and create something, you create value. If you build a house for example.
If you allocate resources more efficiently you create value, because now more useful, productive projects get the resources they need. Resources allocated on shit projects destroy value. Human labor and stuff go to waste.

>>12312813
If you don't want to buy something because the other party makes a profit, you don't have to buy it. It is not theft if you are asked for your consent, retard.

>>12312773
>Inflation is higher than interest.
This is true.
Governments pay their oversized debts by forcing the real (after inflation, taxes) interest rates negative. After inflation and taxes government bonds lose value. Governments also force people to invest in these value losing assets through banks and insurance companies etc. This is all bullshit and we have this debt problem because people demand free shit, welfare. People demand more than the government can give. And some crazy politicians are willing to give people what they want. This is how societies are destroyed. People demand free shit that they don't want to pay for. Sometimes governments also go to crazy, unproductive wars. Not trying to defend this.

>It's up to us to spend so that poor people will get money somehow.
Well-being and wealth is not created by making money flow and move. Otherwise we could create wealth by throwing a bill of money between each other. Obviously this does nothing. Stimulating economy by spending money is just a bad excuse by leftists to buy votes. It does not work.
Real value, real wealth and real well-being is created by useful work, smart work, wise resource allocation. Value is created when we physically or mentally build some useful machine, stuff or idea in this world. Throwing money around is bad resource allocation and just destroys value. It just creates price shocks, inflation and economic mismanagement.

>>12312571
The entire point of running a business is to avoid competition. They have whole classes in business school on how to avoid competing with other companies.

>>12312624
Value has nothing to do with money at all. Money is just a general numeric account.

The inputs of value are capital, labour and time.

>>12312543
If my company sells a product you get the product and I get the money.

>>12313604
based and productionpilled

>>12312813
>being this retarded
Back to leftypol

Capitalism is dead. You dumbshit American retarded niggers think you can just borrow, tax, & spend forever. lol

'Merica is fucked for the next century

>>12314857
>Capitalism is dead. You dumbshit American retarded niggers think you can just borrow, tax, & spend forever. lol

10 fucking trillion in debt in 8 years under Obama. lol

That nigger was China's favorite 'merican president for a reason. He was a good dog.

>>12314863
>That nigger was China's favorite 'merican president for a reason. He was a good dog.

Obama sold out 'merica to the point where we OWN you and your debt. lol What a dumb fuck.

>>12312838

value (utility) is created by debt nowadays, that's why its inflated and food is cheap compared to entertainment and other things

value should be created by savings, or debt fueled by savings, but that doesn't happen and that's why we have an incoming economical collapse

all microeconomics is a major cope to the fact that debt changes utility at the micro scale when you use it in a macro scale

>>12312561

Yes that is what the fed does, but the fed isn't capitalism. In fact it is the anathema to capitalism.

>>12314863
>10 fucking trillion in debt in 8 years under Obama. lol

Democracy is a system where all the lowlife, uneducated niggers & leeches in society continue to vote for free handouts paid for by the government.

It is a system that self-destructs by nature.

>>12312543
100 000 years ago, everyone was pisspoor and homeless. Now we have the rich, less rich, upper middle class, middle class, lower middle class, the working class and the homeless. Today, we have many, many more people on Earth who are better fed, clothed, educated, sheltered and with much better opportunities and quality of life than before. Once we were piss poor and didn't have anything and today we have nice houses, furniture, cars, computers, smartphones, anime etc.

>>12314953

>>12315103
Watching this is very depressing because I realize that I'm just a statistic. A single unit out of 20+ billion other units that have existed up until now.

>>12315103
tfw we are multiplying like bacteria. not going to end well unless 1 world reproduction-repressive government.

>>12315183
>>12315127

We have to hit the limit yet, it's obvious it will be climate change, eugenics, or super AI/govt forcing people to do things including not having sex

>>12315127
U mean 200 billions

>>12312543
It probably is, but so many people are at the bottom already that if you make the slightest effort then you can make it.

>>12312543
its a sophisticated system designed to make the consumption of the things you need the most too expensive and force you to become a credit slave

That old guitar your aunt had for ages standing in a cornen turns out to be one of Elvis guitars from a newspaper photo.
Now it is worth $50k instead of $12.

Who lost?

>>12314874
>Obama sold out 'merica to the point where we OWN you and your debt. lol What a dumb fuck.
lmao, you're not a chink, other wise you would know that America owns more of it's own debt than anyone, FOREIGN debt owned by China is like 1/25 of all our debt, quite a bit, but not as much as everyone is always told. They would never crash America anyway, we have a symbiotic relationship anyway.

>>12312804
You are big brained.

Let's hang out.

>>12312624
If you have all of the money, the money is worthless. No one else can do trade with it anymore. All you did was build 100 huts and give it all away for worthless pieces of paper.

>>12312571
if you think capitalism is zero-sum game then what isnt, or what is positive sum?
>protip nothing else

>>12316736
Cant he spend it now bedding some of the women in exchange for $1?

>>12312543
Capitalism is a zero-sum game, like everything in life.

However, capitalism also establishes incentives to increase productivity. As the size of the pie grows, everyone benefits together, though some take much larger portions than others.

The problem with socialism is that it kills competition. Without competition, there are no incentives for people to produce more and cheaper goods. Productivity falls, which makes everything become more expensive. Socialism is also a zero-sum game, but it works under different rules. When a high government officer becomes entitled to receive larger shares, he is also taking wealth from someone else. In the Soviet Union, the Nomenklatura (communist party bureaucrats) had priviledged access to goods, thus being much wealthier than the average person. They were, in a sense, a social class in a society that was designed to eliminate social inequality.

>farmer can make x amount of food per year with his land
>can make x*10 with expensive equipment
>gets a loan from the bank
>the farmer gets richer, the banker gets richer and now there's more food for people so they have more purchasing power
>hurr durr zero sum game seize the memes

>>12316789
He could, but what incentive would they have to accept? What could they exchange the dollar for, another hut? It would make more sense for the collective to make a new monetary system to trade with than to be at the mercy of the one guy with all of the money.