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13500400 No.13500400 [Reply] [Original]

Who the fuck still buys gold? Haven't the retard boomers realized yet that bitcoin has made it completely obsolete as a store of value?

>> No.13500414

>>13500400
what happens when trump cuts mexico off of the internet? how will mexicans use money? gold is far superior

>> No.13500428

>>13500414
The internet is inherently decentralized and nobody can ever really be cut off from it. Even in the worst case scenario where a country decided to sever all communication cables, you could still connect to the internet through a satellite. Also, who gives a fuck about mexicans?

>> No.13500434

>>13500428
tell that to africa

>> No.13500541

>>13500428
Here is my two posts from my thread I just made.....

It isn't about fucking going out and buying a chocolate bar with your American silver eagle retards. It's about BACKING the currency with REAL MONEY.

Gold is both currency but more importantly MONEY. So it will need to back fiat or crypto.

All of your guys" problem is you don't even know what the basic primary function of money is. Which is to MEASURE VALUE of goods exchanged for it. Money is a BAROMETER to MEASURE VALUE. And nothing measures value better than gold.

Example: 100 years ago a good weekly salary was 20$ and 1 oz of gold = 20$. Today that same 20$ you earned 100 years ago barely buys you 3 boxes of tampons but that gold ounce you earned 100 years ago is still equal to a good weekly salary at $1,300/oz. So gold measured value perfectly.

Inb4 muh stock market made me more gains. Gold isn't about making gains. The dollar price of gold is irrelevant. A gold ounce 900 years ago is that same ounce of gold today... doesn't fucking matter if the dollar or stock market exist or not. When the price of gold goes up that is a bad thing because that means the govt is out of control even more. Gold is just savings and real money. It doesn't go up or down.

You MAKE IT with gold in a currency collapse or reset. Gold one day gets revalued overnight to 50k/oz followed by a deflationary collapse of all asset prices. And you can buy an apartment complex for 2 or 3 ounces of gold which only cost you 3k or so to obtain in the first paradigm.

>> No.13500561

>>13500400
And the unironic part is the reason you can't fucking "make it" today and are throwing your money into shitcoins is because the dollar is fucking dying BECAUSE it isn't backed by gold anymore.

60 years ago under a gold standard you could drive retards to school on a bus and "make it" with your wife at home raising your 3-4 kids.

The literal revolutionary war was fought over England wanting to subject the colonies to paper money so they could manipulate the colonists.

Why do you think "income inequality" is a thing in the first place? Under a gold standard the term "income inequality" dosnt even exist.

A min wage earner in 1964 had about 2 times the purchasing power as a min wage earner does today because we had sound money back then.

>> No.13500593

>>13500541
There will never be a gold backed currency again, silly boomer. Bitcoin is the closest thing to that, and as a store of value it's better than gold in every single way.

>> No.13500654

>>13500593
>There will never be a gold backed currency again
Pretty big statement, what makes you say this?

>> No.13500658

>>13500593
The history of bitcoin says sth else. Do you even understand what store of value means?

Your whole point is obsolete and backed by shit.

>> No.13500673

>>13500593
wow

>> No.13500813

>>13500400
>bitcoin
>store of value
> -80% price decline
Fuck you, paid shill.

>> No.13500923

>>13500813

Newfag

>> No.13500943

>>13500593
>bitcoin $20,000 end of 2017
>bitcoin today $5,000

better store of value than gold.

>> No.13500959

>>13500943
Why did you leave out the fact that bitcoin was $900 at the end of 2016?

>> No.13501010

>>13500943
>bought BTC at 3600 in Sept'17 period before the golden bull run.
>miss the selling top at 20k.
>unironically still holding my initial btc because I had no time to research on altcoins.
>worth 5.5k now

Definitely a better store of value than gold.

>> No.13501029

>>13500943

>ignores the fact btc was worth $500 until 2017

nice knitpicking, kike

>> No.13501033

>>13500943
>>13501010
>better store of value than gold.

Are u sarcastic or just stupid ?
(i am not against bitcoin)

>> No.13501064

>>13500400
Crypto has been dead since early 2018.

Fuck off

>> No.13501100

>>13501064
>Crypto has been dead since early 2018.

Bitcoin grow and will keep on growing u tard.

>> No.13502140

>>13501064
>crypto is dead
>170 billion marketcap

>> No.13502177

>>13500959
>>13501033
>>13501100
King shitcoin will never surpass 17k again, screencap this

>> No.13502195

>>13500428
How can you be this retarded?
America, China, India, Russia, Japan, and probably other countries can all launch debris into space that would take down satellites

>> No.13502230

>>13500561
>A min wage earner in 1964 had about 2 times the purchasing power as a min wage earner does today because we had sound money back then

Women in the workforce effectively cut wages in half for everyone.

>60 years ago under a gold standard you could drive retards to school on a bus and "make it" with your wife at home raising your 3-4 kids.

Yes, and the milk man could have a boat, RV, vacation cabin in maine, being his 3 kids and wife to Disney World, and own a house and car on a single income. Because a salary of 28k back then is equal to a salary of 139k now.

>> No.13502288

>>13500400
In 20 years when millennials rule the word, OP is correct

But we live in the present you fucking retarded fucks, central bankers and boomer fund managers and traders etc etc aren’t going to fucking fomo into your shitcoin bags during the next crisis which will happen very fucking soon

In a global financial reset within the next 2-3 years, bitcoin isn’t going to fucking save you you fucking faggots. Boomers aren’t browsing biz all day, they have no ducking clue why the fuck bitcoin is still. The men who manage the worlds wealth aren’t going to panic buy bitcoin when all their money is on the line. They will be buying silver and gold

If you aren’t loading the boat with precious metals right now you’re a ducking retard and deserve everything that’s coming to you. If you think your link bags will save you in the coming crash you are even more retarded and deserve to die homeless

>> No.13502366

>>13500400
shhh don't tell them
they might notice when the market cap flips gold

>> No.13502372

>>13502177
screencapped

>> No.13503216
File: 44 KB, 399x385, 1ewdzs.jpg [View same] [iqdb] [saucenao] [google]
13503216

>>13500400
>Bitcoin
>Makes Gold obsolete

>>13500541
>>13500561
Based and greenpilled

>> No.13503251

>>13500400

>not realizing boomer gold will be inherited by millennials
>not realizing millennials have to liquidate parent's holdings because they can't afford anything
>Not shorting gold in 10 years

Fucking retards
>

>> No.13503366

>>13502288
wrong. the managers, traders, and so on want to preserve the electronic aspects of the society. so, they will shift the market from gold to bitcoins to ensure the survival of the society in any circumstance.

>> No.13503527

>Terrorist EMPs the world
>Shitcoin Virgins are now broke and committing mass Sudoku
>Precious metal chads now rule the world.