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/biz/ - Business & Finance


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29246696 No.29246696 [Reply] [Original]

>> No.29246823

>>29246696
If you ask this question you are too retarded to understand the answer

>> No.29246828

yeah i use it to store my wealth since we live in a world of artificially low interest rates, asset bubbles and rampant inflation

>> No.29246868

No, it's a pyramid scheme.

>> No.29246877

>>29246696
The entire market is 97% speculation

>> No.29246878

I bought my 4chan pass, vpn, and white nationalist podcast subscription with it :)

>> No.29246885

No apparently it's a store of value or whatever, but value can't be stored anyways. Think of it this way. If you're in the Amazon where it rains daily water is basically free. If you're in the desert where it never rains the value of water is infinite. Water can't even store value and it's the most essential element on the planet.

>> No.29246933

>>29246878
a fellow TRSer

>> No.29246999
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29246999

>>29246868
BASED AND TRUTHFUL ANSWER

>MFW

>> No.29247030

Yeah, i know a friend who used it to buy some shady porn once

>> No.29247059
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29247059

it's basically gold, pretty useless apart from a few rare applications, it's worth something because the supply is limited and we collectively think it's worth something + it's shiny

BNB and XMR have more practical uses

>> No.29247084

>>29246885
Ask yourself, how much do you value pussy?

>> No.29247317

>>29247084
Pussy values me

>> No.29247367
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29247367

>>29247084
Pussy like water in the Congo for me nigguh

>> No.29247419

>>29246696
Yeah it's producing wealth for me

>> No.29247424

>>29246696
I think it was used by Nigerians and so forth. But generally it's going to rise until it gets to $500,000 then completely crash. It is a waste of time burning through six Nuclear power stations worth of power for a currency that can't even handle the number of transactions per second that Ikea generates.

>> No.29247460

>>29247030
I think you need to report him to the FBI

>> No.29247490

>>29246885
Congratulations now you understand why we don't use WATER as a store of value

>> No.29247560

>>29246696
Transference of funds from the poor to the rich

>> No.29247592

>>29246696
Yes, trading shitcoins.

>> No.29247805

I bought a VPN a while ago for about 10.000 USD for 6 months.
You'll have to pry the rest of my stack from my cold dead hands

>> No.29247822

u can buy drugs with it, and probably use it to transfer money overseas to close ones. It is an investment on a novel system. Not much implementation yet because we have not fully transitioned to a digital world.

>> No.29247903

>>29246696
I bought a hooker with bitcoin.
Checkmate fudders.

>> No.29248196

>>29246696
Have you ever heard the tragedy of Ross Ulbricht?

>> No.29248301
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29248301

>>29246696
It's most important use is to be exchanged for Bitcoin Cash and used like a real currency all over eastern europe and the balkans.

https://map.bitcoin.com/

>> No.29249556
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29249556

>>29246696
Riddle me this barnacles

How do you cash out when no one else wants to buy?

How do all the imaginary coins gain in value? You trade imaginary coins for imaginary coins collecting more and more imaginary coins. The only thing you trade for is more imaginary coins.

Pic related would like to have a word with you.

>> No.29249598

yaka do kee yaka dishu lalalalala

>> No.29250405

>>29249556
How do you cash out gold and silver when no one else wants to buy? How do you cash out USD when the US falls and no one else wants to buy?
Currency and prices exist by consensus always. And see, BTC, gold, and USD are accepted by tons of people today.

>> No.29250737

>>29246933
Yep