[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 1.37 MB, 750x1334, 3C6CF079-3347-46D0-A082-62FD3E0A81D4.png [View same] [iqdb] [saucenao] [google]
11864492 No.11864492 [Reply] [Original]

Say it with me:
>computer code.
>literal 1s and 0s.
>worth $4300.

>> No.11864584

>>11864492

say it with me
>paper money
>worthless pieces of paper with a number
>"Quantitative Easing"
>Or counterfeiting.
>Sheep collectively agree to use it.
>Endless debt + Printed endlessly.

>> No.11864603

>>11864584
It’s the official currency of the most powerful institution on earth, the US government.

Unlike, say, a string of literal 1s and 0s.

>> No.11864655

>>11864584
You forgot backed by nukes

>> No.11864672

>>11864492
Autodesk AutoCAD license $1200/yr. Literally 1's and 0's

>> No.11864679

>>11864603
Hey tard,

That 'money' you speak of 98% of it is virtual...i.e it doesn't exist

It is literally a string of 1s & 0s...

Imagine being as dumb as OP and wasting all that oxygen!

>> No.11864682

>>11864603
Mathematics=Safer than any empire

>> No.11864685

Except it's not. It's electricity converted to money, which is the most valuable resource in the world.

>> No.11864692

>>11864679
At least the USD 1s and 0s can be converted to real life pieces of paper. That’s more than you can say about bitcoin.

>> No.11864702

>>11864682
Nerd cope

>> No.11864715

>>11864692
Hey tard, ever heard of a printer? i have one connected to my computer!

Read this carefully

https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy

hope you have the brain cells to understand it!

>> No.11864716

>what is ethereum
/thread

>> No.11864723

>>11864492
say it with me
>don't
>short
>the
>bottom

>> No.11864956

>>11864492
>>literal 1s and 0s.
>Thinks dollars are all printed and just ones and zeros on a digital ledger

>> No.11865012

>>11864492
>literal 1s and 0s
How do credit cards work in whatever reality you come from?

>> No.11865024

>>11864723
THIS IS NOT THE BOTTOM

>> No.11865042
File: 881 KB, 1700x1095, 1499924637740.jpg [View same] [iqdb] [saucenao] [google]
11865042

>>11864492
Literally just 1s and 0s with a few pieces of paper on the side

>> No.11865061
File: 132 KB, 597x418, 1542938131429.png [View same] [iqdb] [saucenao] [google]
11865061

>>11864584

>fiat is muh fake money
>buy my fake internet money instead

>> No.11865082

>>11865061
>Crypto is muh fake money
>Buy my fake toilet paper instead

>> No.11865084

>>11864492
>literally anyone can guess your numbers and take all of your money
>secure

>> No.11865093

>>11864492
>google
>bunch of 1s and 0s
>worth billions

>> No.11865140

>>11864492
You're a 0.

>> No.11865153

>>11864584
You forgot 90+% of those paper dollars are 1s and 0s in the computer as well and they arent cryptographucally secured by a blockchain network.

>> No.11865174

the internet is just a bunch of 0s and 1s too
absolutely worthless, amirite OP
better buy some more natural gas

>> No.11865176

>>11865153
Nah, they’re just cryptographically secured in my bank account. Not to mention FDIC insured.

>> No.11865187

>>11864692
based

>> No.11865197

say it with me
>yellow shiny rock
worth $1300

>> No.11865237
File: 3 KB, 160x209, 3423423.jpg [View same] [iqdb] [saucenao] [google]
11865237

>>11865174
>literally buying gas

>> No.11865255
File: 125 KB, 549x696, oo2b9t81klo01.png [View same] [iqdb] [saucenao] [google]
11865255

>>11864584
DELET THIS

>> No.11865263

>>11864492
>What is microsoft
>What is ibm
faggot

>> No.11865301

>there is no life before the birth
>1 sperm
>1 ovule
?

>> No.11865375
File: 35 KB, 480x480, 11378086_896539740438713_1110488615_n.jpg [View same] [iqdb] [saucenao] [google]
11865375

>>11864492
>Microsoft
>Google
>Facebook
>Companies built on producing lines of code
>Just a bunch of 1s and 0s
>Worth hundreds of billions of dollars each

>> No.11865397

>>11864492
the universe is inherently bipolar, yingyang, good vs evil, light dark, pushing and pulling, essentially it's all just 1s and 0s. i dont see the problem

>> No.11865421

>>11865375
>one is a conpany full of real world assets, property, professionals top in their fields, and literal 1s and 0s.
>the other is just the literal 1s and 0s.
>you cannot differentiate between the two

>> No.11865490

>>11865421
It’s almost like you’re being overly reductive.

If it was “just” 1s and 0s it wouldn’t do anything. Instead, they’re computer processor instructions. Those instructions “do” something, obviously. Focusing on the 0s and 1s isn’t a meaningful level of analysis.

If I take a dump on the ground, I can’t say that my shit is worthless because they’re a bunch of molecules. That’s a retarded way to critique something. It’s worthless because it’s stinky excrement that every person produces in abundance.

>> No.11865501
File: 229 KB, 750x731, 1542048771532.jpg [View same] [iqdb] [saucenao] [google]
11865501

Wait.. are you telling I just bought my net worth worth of virtual 1s and 0s???

>> No.11865508

>>11865490
>worthless because it’s stinky excrement that every chink miner produces in abundance.

Sounds about right

>> No.11865616

>>11865176
>Not to mention FDIC insured.
OP, i would stop talkin...You will be lucky to get 1% of that 'insurance' you really are retarded aren't you.

You never responded to >>11864715
i take it that was too advanced for you...

>> No.11865912

>>11865237
fart gas

>> No.11866339

>>11864584
>>11865042
Yeah but nobody (or at least no intelligent person) uses cash as a store of value