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11984765 No.11984765 [Reply] [Original]

"You really have to stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven't been able to do it." - Alan Greenspan
"Humans buy all sorts of things that aren't worth anything. People gamble in casinos when the odds are against them. It has never stopped anybody." - Alan Greenspan
"When you're buying nonproductive assets, all you're counting on is the next person is going to pay you more because they're even more excited about another next person coming along." - Warren Buffet
"There is nothing to support bitcoin except the hope that you will sell it to someone for more than you paid for it." - John Bogle
Explain to me how these people were wrong.
Hard mode: Don't call them jews.

>> No.11984784

>he didn't read the bitcoin whitepaper

>> No.11984794
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11984794

>>11984765

>> No.11984810

>>11984765
Bitcoin's actual value can only be realised as an alternative to fiat. All this shit about fast payment or treating it like a tech stock or whatever is onions cope. It has to become literal digital gold, a store of value decoupled from fiat or it fails.
Buffet's position is that this is unlikely, and he's right.

>> No.11984825

>>11984765
they're not wrong, exactly. can you quote one of them talking about the (((federal reserve note)))'s inherent worthlessness for balance

>> No.11984917

>>11984825
You know I can't, but at least (((that))) has immense backing and its own inertia. Everyone believing in its value is enough to give it value.

>> No.11984920

>>11984765
>inb4 boomer faggots

>> No.11984944

>>11984765
>the jews oppose technology that challenges their control of the system
>wonders why
come on, goyim

>> No.11984964

>>11984917
yeah, this is ultimately why i converted my fiat into btc. meme magic is an expression of the collective will, and there are enough people building an alternative universe to ZOG who have faith in it, so my bitcoins will always be good with them.

>> No.11984989
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11984989

Remember this?

Meaby you wasnt here 3 years ago desu.

>> No.11984995
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11984995

>>11984964

>> No.11985012

>>11984964
You know that's not what I meant, smart guy.

>> No.11985049

allan greenspan is a jewish banking criminal. The pwoer of bitcoin is that it is not ANCHORED to any conventional asset that the jews can take over with counterfeit fedbux. IT has no upper limit