Why does /pol/ hate bitcoin?

>>510189384 (OP)
because most of /pol/ didnt buy early despite knowing about it lmao
now these nocoiners are still butthurt.

>>510189384 (OP)
>buying into an "asset" that undermines (((their power)))
they are allowing it to destroy you

>>510189384 (OP)
Bitcoin is based on the stock market and benefits the rich. Plus if it get wiped out what then?

Because XMR is superior in every way. BTC is embraced by ZOG.

the problem is 99% of people just buy it to sell it at a higher price to another retard.

Crypto is just a get rich quick scheme to most retards. also crypto people are insufferable and obnoxious and toxic

>>510189384 (OP)
White people are incapable of understanding cryptocurrency. Anything they cannot touch or hold is incomprehensible.

>>510189384 (OP)
They lost the plot

The point was descentralized currency anon, yes anon you and me, could own and not the banks

Instead of valuing our work and time they valued the banks

>>510189384 (OP)
Can't be converted into usable currency easily. The fees and hurdles you have to circumvent in order to buy and sell goods with it is an impossible hurdle for most people.

>>510189384 (OP)
>All Bitcoin transactions are public, traceable, and permanently stored in the Bitcoin network.

>>510189384 (OP)
Old/pol/ and /new/ loved it. Nupol is just jews like you op. That's why.

>>510189734
We built it

We built it's reputation it's goals it's value itself with day to day work

But if it's gonna make the bank owner kids rich b4 nepotism so he can have the money the house and the girl then is of no value for us

>>510189384 (OP)
I don't hate bitcoin, I think it's going to be hilarious when that pic related cashes out and leaves you holding the bag. I'll try to be kind with the I told you so's.

>>510190268
Boomers said that about the stock market too. Look at it now.

it's not private

>>510190651
That was the point accounting you are not losing money is there

Is not being played with by coked investors

can't do anything with it.

>>510191344
Really?

I mean really really?

You sound like you couldn't get a loan with a trillion dollar property

>>510189442
This. I am one of the posters who have been telling /pol/ when to buy in. I even called this last dip right before it dropped, and now look at it. Everyone who bought in when I said in January-march, would be at minimum 20% wealthier right now

>>510191344
Wtf. Yes you can idiot. It's not 2011 anymore

>>510189660
You use it as currency

>>510189384 (OP)
Because i dont controll the power/energy companies. So if some jew turns off the power you are broke

>>510189384 (OP)
The idea is to get the perfect monopoly coins in denominations based on PoW (proof of work) and PoS (proof of stake)
This is based on inflation and adjusting the PoW in terms of the supply of money to account for the liquidity of markets.
Then you will have a distributive block chain cryptographically secured ledger that can be better than the IRS and Federal reserve.
Bitcoin is over speculated but XMR/monero is a better alternative. Next would be solana and ethereum, but Ethereum is easier to mine for I believe.
So it would be Ethereum > Solana > XMR > Bitcoin

>>510189470
>>510189495
>>510189545
>>510190268
I literally remember each of these events. Yes, its going to dump/crash again, but guess what? Thats when you buy more.

because instead of buying $30 worth 10 years a go I should have invested all my money..... I would have been able to retire by now.
i'm bitter about this missed opportunity so hope and pray that crypto crashes.

max keiser el salvador big booty latina shitting in your mouth

max keiser brazilian fart fetish

>>510191957
You only need internet connection. Routers can run on generators and backup UPS. Long distance (WAN) connections can be made via sat/starlink.

>>510189384 (OP)
It's purely a speculative asset. It isn't tied to real production, it isn't even scalable for transactions. 'Investors' are all aboard the get rich quick bus. They were all aboard the same bus when people discovered there was no real value in CDO (https://en.wikipedia.org/wiki/Collateralized_debt_obligation)

My second point would be the recent 'Genius Bill' the US govt passed. The premise being take control of currency from the govt & central bank and give it to private individuals. Govts are meant to be accountable to the people. Private individuals aren't. Only 'govt issued' digital currency is worth investing in.

>>510189734
Retard with the critical skills of a dead hamster, in the past bitcoin represented a way to detach ourselves from the fiat-jew economy, now ever since it's entire value has been tied specifically to the dollar that's all gone, furthermore it's now clear that it was a cianigger experiment to roll out digital euro/dollar for total tracking in the following decades.

>>510189384 (OP)
Because we didn't buy 10000btc when it was the price of a cheese pizza.

>>510189591
Banks own plenty of crypto these days.

>>510189384 (OP)
It's a bubble, just like AI.
Both are going to crash soon.

>>510189384 (OP)
it doesn't do what it was promised to do and then you have tether

Monero is the final solution to the taxman question.

>>510189384 (OP)
Because it's a (((cia))) asset and fucks with my GPU prices

>>510192173
Post your wallet
>you wont
Post your bank account
>you wont
Buttcoin has no demand

>>510189384 (OP)
>Why does /pol/ hate bitcoin?

Because they're fiatcucks who ignored every opportunity to buy bitcoin when it was still affordable for the average person and now they're seething about it.

>>510195444
cheked

>>510189384 (OP)
It's a ponzi scheme.
Physical asset is the only real wealth.

>>510197382
Fuck off. Its not an either or operator here. I am using AND. I broke past your stupid ass banter. I have both physical and bitcoins.

>>510197818
It's literally a ponzi scheme.

>>510189384 (OP)
Nocoiner cope

>>510189384 (OP)
Because /pol/ is full of broke negroid adjacents who don't have $20

>>510189384 (OP)
Its not really hate, just indifference. Actual users of crypto have now moved over to Monero so that's where all the serious business is at.

>>510189685
also
>capped transactions that are verified in bulk every 10 minutes
>need to wait multiple verifications so the chain does not diverge
>competitive transaction fee
>uses huge amounts of energy just to guess a magic hash number
it's retarded, but people that invest in it will defend it since it benefits them