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/biz/ - Business & Finance

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25190786 No.25190786 [Reply] [Original]

I used to believe bitcoin was going to change the world, on so many levels: end wars, end consumerism, end financial fraud, et cetera.

Once I acknowledged the level of (willful) ignorance and dishonesty emanating from some leading figures, doubt settled in. Also the fact these quasi cult members incessantly feel the need to shill their particular coin whenever and wherever is a warning sign of some kind of pyramid scheme.

Disruptive technology speaks for itself, it just happens. Take the Internet for example, no one had to constantly shove it down your throat for its revolutionary properties to shine. For bitcoin the opposite is true: it's still inconvenient, it's slow, it's extremely risky to use, and even if it succeeds as a new "gold standard", it doesn't prevent fractional reserve banking which is why it was invented in the first place.

The primary reason people promote it is greed; hoping its value will go up. That's not disruptive at all, that's exactly what Bernie Madoff sold: the promise of becoming rich. Hedge funds and wealthy popular individuals buying into digital assets isn't proof of legitimacy—just as Madoff's scheme wasn't—it only proves that most people just want to become rich(er).

When money and greed is involved even the smartest people make stupid decisions.

>> No.25190810
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25190810

>>25190786
This is a copy paste from Rebbit btw. r/buttcoin is fuming now HAHAHAHAHAHA

>> No.25190822
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25190822

>>25190786
>t. keynsian parasite.

>> No.25190833

>>25190786
seethe more r*ddit midwit

>> No.25190915
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25190915

Seethe morem, faggot. Greed is good, God is Wealth. If people had more of this mentality of getting richer and having more money, we would not have wage slavery in the first place. Be rich is the aim, the goal of any healthy person. Only retarded commies wants to be poor, so that they can have a nanny state to take care of their asses.
Feels so good to be greedy and ambitious. Aaah, how good it is to be a toxic male! I love it!

>> No.25190954

>>25190786
It's a new paradigm, and everybody who doesn't buy, now, will be priced out forever. Anybody who does buy will be rewarded with a lifetime of riches, as their bitcoin will continue its 30% monthly price increase.

Nocoiners, and anybody born in a future generation, will not be able to afford a $10,000,000 satoshi in 15 years. They will live in tent cities, and Hondas.

This asset bubble is different than all of the others - it will never slow down, or pop. The gains are permanent.

>> No.25190968
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25190968

>>25190833
Based and checked

>> No.25191124

>>25190822
Also based and checked

>> No.25191612

>>25190786
OP misses the old days and wishes BTC had stayed at $10, so we could all adopt it as a currency without the value changing at all and we'd live happily ever after in a perfect Utopia.

>> No.25192309
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25192309

>>25190915
nice anon, you’re like the poor version of a rockefeller