/biz/ - Business & Finance

[Anonymous No.19481815]

Why is noone talking about the potential financial crisis and how it will affect crypto?

[Anonymous No.19481834]

what do you want to know? AmA about it.

[Anonymous No.19481898]

>>19481834
How likely do you think it is?

Surely the money printing can't be sustainable and it's just a matter of time until the bottoms falls out.

Also I don't get why biz acts like crypto isn't tied to the rest of the world market. Clearly if there's a crash crypto will be taken down as well, probably even harder due to its volatility.

[Anonymous No.19481944]

>>19481898
I think crypto and precious metals will be where people run to. In the history of man there's always been some form of currency, be they seeds, shells or salt.

[Anonymous No.19481967]

>>19481944
It's not like fiat will collapse.

It's just a recession.
If you check the March drop crypto followed it exactly.

[Anonymous No.19481970]

POTENTIAL??? I am so fucking done with biz

[Anonymous No.19481988]

>>19481970
Have you talked to anyone here?

Most people think it's a V shaped recovery. Why would anyone be buying anything otherwise?

[Anonymous No.19482051]

>>19481898
100% certainity

why crypto will benefit? because it will take down fiat currencies around the globe and i guess euro will be the first one. usually people flee to PMs if that happens but there is just none available anymore by law by then.

this doesnt mean it wont or will crash together with stocks again.

[Anonymous No.19482092]

>>19482051
When do you think it will be?

[Anonymous No.19482134]

>>19482092

[Anonymous No.19482173]

>>19482134
Does this take corona into account or was it made before that?

[Anonymous No.19482177]

>>19481970
>im done with this board my opinion that is not based on fact is not widely accepted by everyone here!

[Anonymous No.19482212]

>>19482173
long before corona, it made things just way worse. he also predicted 2008 btw

[Anonymous No.19482284]

>>19482212
>>19482134
That scenario just seems too dark to me though. I don't know I still have faith in the EU. That would fuck everything up beyond imagining.

Anyway I assume you're not buying anything right now?

[Anonymous No.19482312]

>>19482051
I don’t know what to do with my cash, Euros. Feel like buying silver but the markets all over the place. Crypto? If crypto takes a strong enough hold Europe will probably make their own and outlaw all others as illegal tender. What should I do?

[Anonymous No.19482539]

>>19481815
>potential
It's sure as day retard.
We don't talk about it, because we have been financially prepping for years and we don't want to spoonfeed newfaggots like you.

[Anonymous No.19482618]

>>19482539

>Years.

Sure buddy, you mean prepping for that doomsday scenario of yours?

Loaded up on ammo and canned beans in that basement of yours you mean?

[Anonymous No.19482983]

>>19482618
Pretty much since 2018. Everyone with half a brain has seen it coming.
When it's over I'm going to afford a small village and maybe let you shine my boots if you're nice.

[Anonymous No.19483029]

>>19482284
EU might survive this, the euro wont.
my total networth is in gold, bitcoin and some ether. i currently dont earn enough anymore to save up more.

if i had money left i would buy silver. its the perfect fit for the currency collapse scenario. still cheap and far from aths.

[Anonymous No.19483156]

>>19481815
1.Work from home is the new norm (where applicable)
2.Digital assets are growing worldwide
3.It costs money (a lot) to print money
4. Digital currency is quicker - depending on the type (xlm, xrp)
5. payment to individuals without a 3rd party being involved.
6. covid19

So is there anything else you want to be spoonfed?

[Anonymous No.19483221]

<2025 4th industrial revolution

[Anonymous No.19483249]

>>19483156
Oh maybe what platform the digital $ will be issued on. Because that's coming

[Anonymous No.19483263]

No one cares what happens to shitcoins.