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/biz/ - Business & Finance

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4936758 No.4936758 [Reply] [Original]

Who is buying bitcoin (BTC) at these prices?
How can cryptocurrencies be real if they're just digital?
How is cryptocurrencies anonymous if you have to take a selfie with your SSN/ID card?
How are cyrptocurrencies good for the economy if 10% of the population owns 90% of it?

>> No.4936846

>Who is buying bitcoin (BTC) at these prices?
Enough people to keep the price from falling out from under it

>How can cryptocurrencies be real if they're just digital?
Most fiat money is also digital

>How is cryptocurrencies anonymous if you have to take a selfie with your SSN/ID card?
If you use an exchange they're not, and BTC isn't anonymous in the first place even without one, try Monero

>How are cyrptocurrencies good for the economy if 10% of the population owns 90% of it?
10% of the population will own 90% of the valuables no matter what monetary system you use

>> No.4936882
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4936882

1K is way too much for one BTC. It's an astronomical price. At that point no one will buy it anymore.

>> No.4936915

Fucking anime brainlet has such a simple view of economics, shock

>> No.4937056
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4937056

>why is the TCP/IP of global finance limited at 21 million shares still going up?

>> No.4937198

>>4937056
>global finance
hahahaha