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17799459 No.17799459 [Reply] [Original]

How old were you when you realized that crypto is a scam?

>> No.17799483

>>17799459
24

>> No.17799521

>>17799459
DR ; NS

>> No.17799558

>>17799459
What isn't a scam?

>> No.17799619

Anything that involves money is a scam

>> No.17799648

>>17799459
any yet a currency that loses 99% of its value since 1913 is a "stable unit of account"?

>> No.17799772

>>17799648
Yeah. You know the leaders have our interests at hear, right?

>> No.17799789

>>17799459
This guy is proof that getting to put Prof. or Dr. in front of your name means fucking nothing.

>> No.17799819

>>17799459

Stable unit of account? Is this guy on drugs? Money is a claim on value. Fiat currencies aren't stable at all, so they aren't money according to this genius. Which defeats the point of having modern monetary policy.

>> No.17799997

>>17799819
>Fiat currencies aren't stable at all
what third world country do you live in?

>> No.17800330

>>17799997
euro went down 20% over the last few years, currencies aren't stable at all nigger

>> No.17800702
File: 219 KB, 800x620, 1584093602597.png [View same] [iqdb] [saucenao] [google]
17800702

>>17799459
>Steve Hanke
At least make your baits more credible next time

>> No.17800723

>>17799459
12

>> No.17800746

>>17799997

Usd is down 99% and the Euro is collapsing as we speak. All 600 previously tried fiat currencies have failed, get a grip nigger

>> No.17800831

>>17799459
>implying the rest of our fiat currency and everyfucking thing else in our commetce and economy is not absofuckinglutely manipulated
what a fucking whore mouthpiece

>> No.17800867
File: 57 KB, 770x674, Screenshot_2020-03-14 Euro Area Consumer Price Index (CPI) 1996-2020 Data 2021-2022 Forecast.png [View same] [iqdb] [saucenao] [google]
17800867

>>17800330
you mean relative to the USD? that has nothing to do with it. currency stability is about it's use as a means of exchange.
do you think core purchases like rent and groceries are going to swing wildly in price? are you unable to make long term financial plans because of how unstable your currency is? etc
>>17800746
>Usd is down 99%
lol. at least try.

>> No.17800882

>>17800746
>Usd is down 99%
im sorry what?

>> No.17800899

>>17799459
>Crypto is a scam
Everything is a scam. It’s all rigged in favour of one particular group of people.

>> No.17800913

>>17800882
You used to be able to buy a weeks worth of groceries for a dollar

>> No.17800915

>>17799459
the moment I was able to get bitcoin solving puzzles and playing mobile games

>> No.17800918

>>17799772
>Yeah. You know the leaders have our interests at hear, right?
Hitler did and that’s why he was labeled the most evil person to have ever existed

>> No.17800963

>>17799459
ok wageboomer

>> No.17801003

>>17799459
Ofc it's manipulated, the big banks are in it trying to scare people.
Still, i mma keep buying.

>> No.17801155

>>17799819

Money is not currency. Currency doesn't need to be stable so in no way would cryptocurrencies instability disqualify them from being currencies. That guy is a fool with a title. A Monkey with a suite.

>> No.17801182
File: 92 KB, 704x900, 7C721C01-9335-4AAB-9D60-54D6AEA25617.jpg [View same] [iqdb] [saucenao] [google]
17801182

>>17799459
Whenever a boomer talks about crypto I will always post this photo

>> No.17801186

>>17800913
you have a point and "real wages" have def fallen but 99% is a bit ludicrous of a term to throw around; tho if you'd know a more realistic value i would greatly appreciate it

>> No.17801208
File: 108 KB, 576x960, 4E7D4D84-7D8B-453F-BCC7-32FBBD42672E.jpg [View same] [iqdb] [saucenao] [google]
17801208

>>17800867
>>17800882
How does this image make you feel?

>> No.17801380

>>17801208
>deflation good, inflation bad
retard

>> No.17801409
File: 112 KB, 751x1024, D6P5YWMWsAAB7j4.jpg [View same] [iqdb] [saucenao] [google]
17801409

>>17801208
So how is that deflationary action working during this time of crisis when people need to purchase goods and the fed is devaluing our currency?

>> No.17801439
File: 201 KB, 960x684, 18728.jpg [View same] [iqdb] [saucenao] [google]
17801439

>>17801208
it reminds me that almost everybody on this board is either a shill or a retard.
comparing the value of a $20 and not the labor it took to earn it should be an obvious straw man.
nobody uses bitcoin to buy groceries because they're all hoarding them hoping for it to moon. which is exactly the theory behind why deflation is bad.

>> No.17801498

>>17799459
>Implying you can't get rich from scams

>> No.17801533

>>17800899
Basado