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/biz/ - Business & Finance


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File: 243 KB, 500x500, schiff_.png [View same] [iqdb] [saucenao] [google]
15082134 No.15082134 [Reply] [Original]

Bitcoin BTFO!!! OH NO NO NO HAHAHAHAHA

https://www.youtube.com/watch?v=h1GzqhSC8OI

>> No.15082166
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15082166

>>15082134
>listening to a boomer in 2019

>> No.15082185
File: 127 KB, 1520x1024, schiff.jpg [View same] [iqdb] [saucenao] [google]
15082185

>>15082166
>muh boomer
>no argument
HODL gang on suicide watch

>> No.15082199

>>15082185
tell that to my 100x

>> No.15082337

>>15082199
oof yikes. Not an argument, honey boo boo

>> No.15082404

>>15082337
>he thinks making money is not an argument for making money

>> No.15082467

>>15082134
Let me guess, he will talk about intrinsic or fundamental value, then he will talk about how nobody uses it to buy coffee.

>> No.15082493

Pompliano is easily top 5 most cringe retards in this space

>> No.15082496

>>15082467
They talked about it. Anthony mentioned Starbucks accepting bitcoin.

>> No.15082498

>>15082467
6:45 "OR BUYING COFFEE"

>> No.15082519

>>15082496
Schiff is the Alex Jones of financial

>> No.15082537

>>15082519
>Schiff is the Alex Jones of financial
Damn really? He's more based then.

>> No.15082547

>>15082134
So a bitcoin maximalist is having an argument with a gold maximalist. One is a jew, the other one, italian or something? Who thought this was gonna go over well?

>> No.15082558

>>15082537
No, Jones and Schiff are two biased, and corrupt, peas from the same corrupt pod.

>> No.15082559

>>15082404
He's arguing against Buttcoin as a currency not as a way of making money

>> No.15082570

both of them are awful debaters. as much as i dislike the hubris of richard heart, he shouldve been the one in the hot seat instead of pomp

>> No.15082574

>>15082547
Pomp is/was a shitcoiner

>> No.15082593
File: 854 KB, 1164x669, peter-gold-video.png [View same] [iqdb] [saucenao] [google]
15082593

>>15082134
>trusting third parties is important and not an issue

>> No.15082608

>>15082559
bitcoin imo is digital gold so I don't think it will be widely used as a medium of exchange when buying coffee just as gold is not used as currency.
something like libra seems more likely

>> No.15082612

>>15082593
if shit hits the fan peter will get fully justed and lose all his gold

>> No.15082729

>>15082612
He's already JUSTed
Anyone who believes Schiff in current year is a faggot

>> No.15082769

>>15082612
not just that, peter doesn't understand that 3rd parties are costly and scale poorly socially, doesn't understand the value of trust minimization and automation.

however he's not wrong when it says bitcoin has no real use to this day, because everything is left to be built on top of bitcoin. bitcoin can make the world more stable and efficient, but nothing is really built. microsoft started making an ID authentication system on top of bitcoin, that's about it. bitcoin is promising because it keeps growing and it can change the world. that's all that justifies its value as of today, aside from greed. when peter is wrong, will be when bitcoin is used to save cost and automatize many services. it will be when 50+% of millennials have a bitcoin wallet in their smartphone. we're far from there yet, anything can happen.

>> No.15082949

>>15082769
>>15082612
Schiff just said GOLD was light and easy to transfer 50M.
What an AIRHEAD

>> No.15083050

I actually think Peter came off better in this debate than in any of the others he has done. He still missing the point and value of the bitcoin network though.

>> No.15083274

>>15083050
I think he came off worse.
In the end he was just trying to make fun of and call names.

>> No.15083399
File: 48 KB, 388x384, 6170D999-35B7-4CE9-B68B-238FB715BB35.jpg [View same] [iqdb] [saucenao] [google]
15083399

Both of these people are retarded BUT schiff lives in Puerto Rico which is based and is his own boss which is based. Pomp is Mike Novogratz’s bitch. Novogratzs own 60k Monero tho so he is a chad in my book

>> No.15083424

>>15082493
agree. what an absolute faggot

>> No.15083849
File: 169 KB, 938x764, gold.jpg [View same] [iqdb] [saucenao] [google]
15083849

>>15082949
It doesn't take much space