Bitcoin and Monero prove that Hitler was wrong about monetary theory. You do not need the state to create a functional currency. All fiat is a scam.
Bitcoin and Monero prove that Hitler was wrong about monetary theory...
>functional
Why does Bitcoin correlate almost 1:1 with stock market dumps?
bitcoin is not a currency, because a currency cant be bought or sold, only traded, exchanged.
Yes, we do need the State to create a functional currency. No, we do not need a State to create a functional currency.
>All fiat is a scam.
Congrats on passing Econ101 at your local Community College.
Bitcoin and monero are not stores of value. They are volatile and speculative to the extreme. You need something to base value off of. Historically, gold and silver and precious metals have been the way, and it should stay that way.
And you lolberts keep failing to understand that people are naturally - and this is that term, naturally - attracted to authority and authority figures. A state will exist, what kind of state it is depends on the people.
>because a currency cant be bought or sold
What do you think people in Forex markets are doing?
why is your money just tied to regular money? the ammount of things u can pay for in crypto is miniscule
theyre not actually holding the currency kek
>"broker, i pressed buy yen on the screen but i dont see the yens in my bank account is something broken?"
>Bitcoin
>functional currency
>6 transactions per second
>(((layer two)))
post-2017 newfag confirmed kek
XMR is pretty based, though. know what makes it work, aside from ring signatures? a dynamic blocksize.
neither satisfy the Regression Theory of Money.
>You do not need the state to create a functional currency.
gold and silver have proved this since antiquity, user.
this is a midwit thread. i'm not even sure why i'm feeding (You)
>unplug all computers
shitcoin is gone forever
you cant unplug gold and silver
Hitler didnt have the internet in 1930 or 1920 or 1918 during his time in WW1.
FUCK how dumb are Americans?
Peak financialization, overleveraged
All brytpo floats on a sea of US debt via T-bill backed "stablecoins"
Goldman Sachs now holds most of Coinbase's BTC as collateral because they're fucking broke
Brypto is unironically more leveraged than MBS in 2008 on a percentage basis.
The final wash-out is going to be spectacular.
>the ammount of things u can pay for in crypto is miniscule
That, is also not true.
Try to google search "what to buy with Crypto" and come back to me.
Fucking Americans.
I tried to pay with Bitcoin at Walmart and the store manager himself came from upstairs to the checkout lane and spit in my face. He then kicked me in the balls and threw my groceries out of my cart while I collapsed on the ground in pain. Then he and his minions all gathered around me and started chanting "CRYPTO FAGGOT CRYPTO FAGGOT NOT A REAL FORM OF PAYMENT FAKE MONEY FAKE MONEY." One of them even started yelling it over the intercom, prompting the customers to gather and join in the chant. He then stomped on my limited edition Ed Sheeran glasses and took my shoes.
I crawled back to my car to find my tires slashed and windows shattered and was in the process of being towed. Security was reviewed the parking lot footage as soon as the chaos started, and immediately went after my vehicle. I had to take the bus home, without groceries or dignity.
I've never been so humiliated in my life.
lmao BTC e-commerce retail has done nothing but drop since 2017.
Even Steam dropped BTC like a hot potato for its refusal to scale to meet meaningful transaction volume in January of 2018.
The amount of retailers that accept it directly is sub-1%, and that's even counting BitPay and Coinbase Commerce which liquidate the BTC immediately on payment.
That's a SELL ORDER, user, not commercial activity.
cope harder
Well nigger I can't use them to buy shit unless mastercard or visa let me, can't I?
>Well nigger I can't use them to buy shit unless mastercard or visa let me, can't I?
Wrong
Elaborate, I'm really curious
forex movements
>Bitcoin and Monero prove that Hitler was wrong about monetary theory
They would have adopted it if it existed at the time and it was early enough in its infancy. The core nazi doctrine wanted to end interest on money, and the best way to do that is with hard currency. The nazis would have used gold, but the bankers they wanted to reduce the influence of already controlled too much of it. Bitcoin, at least, mostly was distributed to crazy people in its infancy, people like me.
You are correct
Well you can't really expect him to believe that some sort of decentralized currency would be a good idea in the 1930's and 40's.
if SP500 and nasdaq drop 40% ,bitcoin would drop 70-80%. You might as well put the damn thing on the index and call it a day
Well for starters there's a growing number of people you can buy stuff directly with "regular" crypto payments i.e. wallet-to-wallet transfers. The biggest markets currently are for TOR drug markets, but beyond that I know vendors you can have meat shipped directly to your house and he takes straight Bitcoin payments (and has good prices too).
You can do cash-by-mail deals on localMonero if you need to avoid banks and/or payment processors and the person you're dealing with won't take crypto directly. You never have to interact with Visa or Mastercard at all.
>jews stole the money
>hitler would have promoted Monero and Bitcoin to combat it if it existed at the time
>heeb post is wrong
>All fiat is a scam
In contrast to the stability and value retention of 'dude trust me' pixels on a screen?
How low did it last time dip?
It's a ponzi scheme, the quintessential kikery. Nothing more
>cryptofags still exist
Still coping eh
>if you need to avoid banks
t. junkie, pedo, or both
kys before someone finds you
>trusting banks
Yeah that's basically nothing
I'm in crypto since 2016, got 5 projects and an exchange and we still need to get a license from the central bank, so... The road is really long
>moving goalposts
Monero is a fucking basic bitch wannabe privacy coin whose anonymity has been compromised for years. It's run by feds and mostly mined by nsa bot miners now