Thread 510963521

Countries are going to sell our shiny rocks to buy imaginary 0 and 1s. I am not feeling very well

>>510963521 (OP)
only if they want Trump to do something.

Typically you loot anything worthwhile before you burn down the building.

>>510963521 (OP)
BIS has a positive position on Gold. Big banks are in the process of collecting as much gold as possible. You don't get the daily emails from BIS alerts? ngmi

I bought melania

>>510963521 (OP)
The shiny rocks are only valuable because we collectively decided it, just like the pieces of paper we used afterwards, and just like the 1s and 0s we’re about to use

Tell me, how does the value of a shiny rock directly increase your chances of survival any more than a piece of paper or a series of 1s and 0s?

They’re all stand-ins for the value of labor anyway, so any legally agreed upon tender with which we can exchange goods and services will always hold roughly the same value of labor, even if the exchange rate slowly inflates as the overall accumulation of value increases in the world

>>510965548
>The shiny rocks are only valuable because we collectively decided it
I love burger education so much it almost hurts every time I read your mental diarrhoea.

Since July 1st, gold is a tier 1 HQLA. Death to bitcoin, long live monero!

>>510963521 (OP)
OK, if /pol/fags noticed the BTC rally, I guess it's high time to sell.
See you at 45k, faggots.

yes dump your gold so that china can slurp it up cheap!

https://www.cnbc.com/2025/06/07/chinas-central-bank-buys-gold-for-seventh-straight-month-in-may.html
https://www.marketwatch.com/story/china-may-be-secretly-stockpiling-gold-why-that-spells-trouble-for-the-u-s-dollar-a92212a9
https://economictimes.indiatimes.com/news/international/us/china-accumulates-gold-at-a-rapid-pace-buys-a-whopping-50-tonnes-in-february-and-5-tonnes-in-march-heres-why-xi-jinping-is-stockpiling-the-precious-metal/articleshow/120492136.cms?from=mdr

>>510963521 (OP)
Come on in said the spider to the fly.

>>510963696
They are probably buying coke. If they are they should buy btc before the weekend.

>BTW a bitcoin is now worth much as a Berkshire Hathaway class a share. Buffet, eat your heart out baby.

>>510965670
Hes not wrong. Industrial application of gold is like 10% of gold production and hence value, and it has a 2% inflation rate due to new mining.

>>510965548
The US Dollar is valuable for two important reasons. If other countries refuse to trade with me in dollars the US Government will point guns at them and force them. The other reason is that if I don’t have US dollars to pay my taxes the government will point those guns at me.

If the government decides to point a gun at me unless I pay them in bitcoin you better believe I will have some Bitcoin.

>>510963521 (OP)
Whats the difference between current money you and everyone here uses everyday all the time for several decades now, and crypto currency?

>>510965548
Satoshi Nakamoto translates to central intelligence

I'd rather hold something physical that's been deemed valuable for thousands of years than a fourteen year old bleep bloop system created by the same people you think you're getting away from.

>>510965670
>Kraut has cognitive dissonance and can't understand how valuation of exchange works

>>510967147
One is not a CIA money laundering scheme.

>>510963521 (OP)
the only cryptocurrency with a use case is Monero

>>510967244
It will all be wiped out with the push of a button

>>510967329
> one is judeo money laundry scheme
> thinks CIA cant/doesnt launder cash
HAHAHAHAHAHA.

wrong. One is centralized, the other is dencentralized. Skip all the other technical stuff, and thats it. Thats the only difference. One is controlled by one node (the federal reserve). The other is controlled by 22,000-50,000 or more independent nodes collectively agreeing on 1 value. Functionally they are the same, just one skips the banking system.

>>510963521 (OP)
The US banking system committed suicide when they sized the assets of Russian citizens just because it could.
It is being globally replaced as we speak.
A reminder that Swiss banks were doing extremely well historically because they honored their contracts no matter what. Mutts couldn't learn and they will pay.

>>510967352
> only use case
What if I want to buy something from you online, so I send you $20 monero, but then you never ship me the item?
> this is where smart contract crypto is needed
What if I like monero and BTC, but want the price I buy something at to stay the same when I hit order in an online shopping cart?
> this is where stable coins are needed

>>510965366
Physical gold is now treated as tier 1 capital thanks to Basel III regulations.
OP can let us know when physical bitcoin is considered the same. Oh wait, there is no physical bitcoin?

>>510969558
You are seething like a wild dog. Bitcoin will continue to eat more and more of gold's lunch every 4 year cycle. You were put on notice many years ago and have zero excuse.

>>510963521 (OP)
This is literally treason he is actively devaluing the dollar even more

>>510963521 (OP)


Over the past 50 years, from 1975 to 2025, the nominal price of gold has surged approximately 2,336%, rising from about $139 per troy ounce to around $3,385.10, driven by factors like inflation, geopolitical instability, and gold’s role as a safe-haven asset. However, this growth is uneven, with periods of stagnation and volatility, and the inflation-adjusted compound annual growth rate (CAGR) is modest, estimated at 1.57% to 5.2%. To project the price in 20 years (2045), assuming the nominal historical CAGR of roughly 7.58% (derived from the 2,336% over 50 years), the price could reach approximately $14,600 per troy ounce.

>>510965548
Rocks exist and therefore have value. Digits on a screen don't exist without rocks.

Hope this helps