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/biz/ - Business & Finance

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File: 30 KB, 520x392, JP-MORGAN-GOLD-QUOTE.gif [View same] [iqdb] [saucenao] [google]
12121871 No.12121871 [Reply] [Original]

*ahem*

>> No.12121888
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12121888

>>12121871
He would say the same thing about Bitcoin if he was still alive.

>> No.12121897
File: 814 KB, 809x791, Screen Shot 2018-12-14 at 4.43.21 PM.png [View same] [iqdb] [saucenao] [google]
12121897

>>12121871

>> No.12121898
File: 163 KB, 870x1390, an-indian-malaysian-making-an-ostentatious-display-of-his-wealth-by-A5M4HG.jpg [View same] [iqdb] [saucenao] [google]
12121898

yes sir shiny rock very money sir please buy more

>> No.12121913

>>12121871
Was JP Morgan not the most based robber baron?

>> No.12121924

>>12121898
someone has to be paying this guy to do this.

or this guy actually has legitimate autism

>> No.12121938

>>12121913
>international banker
>based
FFS Anon there isn't enough Zyklon in the world for you

>> No.12121969

Daily reminder that a bunch of retarded neets on Biz think that they know better than thousands of years of history

Daily reminder that retarded neets on Biz should never be taken seriously in any regard, because they're failure incarnate

>> No.12121981

>>12121969
for thousands of years cutting edge medicine was spitting on the wound and dtinking piss so i guess modern medicine is a fraud

>> No.12122050

>gold
>not decentralized
it's literally better decentralized than crypto as it doesn't rely on anyone to trade,store or verify the transactions.

One of the biggest issues is still how centralized mining is. Many cryptos are defacto an oligarchy.

>> No.12122066

>>12121924
Autism and/or Dragon's Den. I know many who refuse to accept miners as decision makers. They used to hate the chinese but now there is much "easier" target. https://www.reddit.com/r/btc/comments/74se80/wikipedia_admins_gregory_maxwell_of_blockstream/ I've seen same psyop many times now, they care but in very obsessed and psychotic way.

>> No.12122098

>>12121888
Bitcoin is not fungible.

>> No.12122105

>>12122050
>gold is decentralized
>but crypto is centralized because of mining
do you not realize the irony in your post

>> No.12122115

"Bitcoin is new form of digital gold"
- J.P. Morgan 2012

>> No.12122136

>>12122098
brainlet

>> No.12122157

>>12122136
crypto is illiquid and unfungible

>> No.12122159

>>12122066
well there's nutjobs in every field.

this guy posting the indian pictures in every gold thread should probably be institutionalized. i just imagine him sitting there f5'ing every gold thread and chuckling when he posts from his folder of "indians wearing gold"

>> No.12122189

>>12122136
Even bitcoin shills like Charlie lee admit it’s not fungible you fucking faggot
https://mobile.twitter.com/SatoshiLite/status/824002577788387328

>> No.12122208

>>12122105
>using mining literally for crypto
really?

"Mining" in crypo is getting a reward for completing adding transactions to the chain. For gold that's obviously not the case. You can manipulate market value as a real miner for gold by controlling supply but that's it. The physical holder of gold has full control.

Crypto has a benefit of being easier to transport - especially over country boarders but on the other hand gold is truly decentralized and nobody can track or control transactions between private people.

>> No.12122244
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12122244

>>12122159
no sir just want sell more shiny rock sir is all

>> No.12122421

>>12121981

>comparing valuation of an extremely scarce element to the practice of ancient medicine

Wewlad, there's the retarded neet