/biz/ - Business & Finance

>>56381512
You have to go back.

>>56381625
Experiment successful.
Catposting triggers bots to bump your thread.

>>56381512
Yeah but why is it valuable? Because its rare just like Bitcoin. Platinum is also real and rarer, let's base our economy on that instead. Salt made more sense than gold actually because it tastes nice and is usable and reclaimable so let's go back to that instead. Or hell, why not just go back to bartering. I don't really give a shit about gold and I don't use salt all that much, but the things I trade them for I do actually give a shit about so the value is direct and real.

Or maybe you should shut the fuck up?

>>56381512
Bitcoin ceases to exist if China ever retaliates.

kys catposting normalfaggot.

>>56381512
>a lot of farms stop mining (for whatever reason)
>difficulty drops sharply
>suddenly the ones that keep farming make a fuckhuge of money
>everyone jumps onto farming to get a piece of the cake
you are a braindead retard nigger that doesnt understand how bitcoin mining works, kill yourself

>>56381664
Well because it's rare and because there's demand for it. You need both supply and demand. I'm not saying that BTC doesn't have value. Just that it's notion of POW is dependent on continuing work.

go back to plebbit catnegro

>>56381677
>>56381682
I can control bots to bump my thread by posting cat pics :D

>>56381664
>comparing Au to NaCl

>>56381682
>>56381682
>go back to plebbit catnegro
>take out stack to post pictures
>cat decides to photobomb every time unless I put her in another room and close the door

>>56381777
Another bump by my new slave-bot!

>>56381777
Oh wait, I didn't actually read your comment.
Checked

>>56381686
Based

>>56381682
>>56381677
>>56381625
Newfags

>>56381512
You forgot to mention that crypto took terms like "mining" and "coin" from gold and silver. Lots of crypto talking points and terms are just taken from gold and silver to pump their nonexistent value.

>>56382105
The whole "digital gold" narrative makes it sound like the whole thing was a way to try and replace gold with something trackable.
Even the way the network functions by aligning the incentives of all the participants sounds like something the social engineers who want social credit systems would come up with.

>>56381832
>>56381952
quality cats.

She is never far away when I take out the camera and some shiny

>>56381512
Imagine all the evil things cats would do if they were that large. Thank God they're small little weaklings.

>>56382152
Yep, bitcoin also started to get popular when gold and silver hit its previous peak in 2011. When this financial enslavement beta test is over, we will see the true monster of CBDC.