>>61196005
You seem to care. A lot.
>rocks
More like the single most important element to industrial society in a digital era. It is first in class on almost every relevant criteria. It's also extremely scarce in a time when debt levels are so high the government spends trillions of dollars as casually as they use toilet paper to clean their ass. (You might not know what toilet paper is because you are a poojeet)
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8 results for "f445e4716c7ba17a7e55e74bf2167e3f"
>>61109386
You had 5000 years
You had 5000 years
>>60895297
>50BN ounces
So everyone in the world can deplete this magical "glut" for $250 each?
Ok... I still need to be buying as much as I can!
It's actually pretty funny how you lie to come up with big scary numbers but don't even bat an eye at the size of the bond market which is $46TN. If everyone in the country were to chip in and help buy up these bonds it would cost $115,000 per person.
See a difference? $250 vs $115,000. What a scary, terrifying difference to compare what the entire GLOBE can produce vs what people are claiming they owe. It literally can't be paid so in effect most people own $0 and they just haven't actualized those losses so they think they are wealthy.
Stackers don't have this problem. Silver will absorb and benefit from the actualization of $46TN of losses. Money will flow to us, not away from us.
>50BN ounces
So everyone in the world can deplete this magical "glut" for $250 each?
Ok... I still need to be buying as much as I can!
It's actually pretty funny how you lie to come up with big scary numbers but don't even bat an eye at the size of the bond market which is $46TN. If everyone in the country were to chip in and help buy up these bonds it would cost $115,000 per person.
See a difference? $250 vs $115,000. What a scary, terrifying difference to compare what the entire GLOBE can produce vs what people are claiming they owe. It literally can't be paid so in effect most people own $0 and they just haven't actualized those losses so they think they are wealthy.
Stackers don't have this problem. Silver will absorb and benefit from the actualization of $46TN of losses. Money will flow to us, not away from us.
>>60733378
I have avoided the fiat fallout by not trusting the bankrupt banks and government. They do not have enough money to make good on their promises so why would I ever trust them to hold my value? Their own Fed chairman admit that they steal purchasing power via dollar dilution.
I have avoided the fiat fallout by not trusting the bankrupt banks and government. They do not have enough money to make good on their promises so why would I ever trust them to hold my value? Their own Fed chairman admit that they steal purchasing power via dollar dilution.
BTC is completely retarded. Scarcity for the sake of scarcity is a fools errand.
At the heart of all of the economic and financial difficulties we face, it is most succinctly summed up as "resource scarcity". In order to propel more and more growth (this is needed so banks can keep inflating and collecting fees and interest) we have been using credit instead of cash.
The entire world is passing around credit assets that only has value if a counterparty is willing and able to pay. Bitcoin is not going to be a good claim on resources in the event of a sovereign debt crisis because the revaluation is going to be impacting real-world physical resources. Physical gold and silver and platinum are going to occupy that space. People will be wanting physical assets when the credit bubble implodes. After the great depression, people didn't trust the banking system for the rest of their lives until the boomer generation was born. No one is going want anything to do with bitcoin when they watch their savings, pensions, benefits (insurance, medical benefits) all just evaporate before their very eyes.
This pic is what real wealth will look like. Money may flow into BTC, but the problem will be that people will not be selling BTC for physical. So there will be an outflow problem with people getting locked in to an asset no one wants. No one will want it because it has no actual real-world use other than transferring money across borders.
At the heart of all of the economic and financial difficulties we face, it is most succinctly summed up as "resource scarcity". In order to propel more and more growth (this is needed so banks can keep inflating and collecting fees and interest) we have been using credit instead of cash.
The entire world is passing around credit assets that only has value if a counterparty is willing and able to pay. Bitcoin is not going to be a good claim on resources in the event of a sovereign debt crisis because the revaluation is going to be impacting real-world physical resources. Physical gold and silver and platinum are going to occupy that space. People will be wanting physical assets when the credit bubble implodes. After the great depression, people didn't trust the banking system for the rest of their lives until the boomer generation was born. No one is going want anything to do with bitcoin when they watch their savings, pensions, benefits (insurance, medical benefits) all just evaporate before their very eyes.
This pic is what real wealth will look like. Money may flow into BTC, but the problem will be that people will not be selling BTC for physical. So there will be an outflow problem with people getting locked in to an asset no one wants. No one will want it because it has no actual real-world use other than transferring money across borders.
>>60690123
I put more than enough effort in to stating the bull case. You need to pick one and provide a counter argument. It's obvious English is not your first language and you actually don't have anything interesting or informative to add otherwise. You're not really worth the time.
You are a street shitting Dalit who would be better off getting run over by a train to spare the rest of us the inconvenience of having to interact with you.
I put more than enough effort in to stating the bull case. You need to pick one and provide a counter argument. It's obvious English is not your first language and you actually don't have anything interesting or informative to add otherwise. You're not really worth the time.
You are a street shitting Dalit who would be better off getting run over by a train to spare the rest of us the inconvenience of having to interact with you.
>>60680086
500:1 Paper to physical ratio.
Yea, I'm just not gonna trust the banksters and get burned in the fiat fallout.
500:1 Paper to physical ratio.
Yea, I'm just not gonna trust the banksters and get burned in the fiat fallout.
>>60585588
And interest is $1TN per year, which is almost half of our tax revenue. We have to print $2TN each year to keep the spending up or risk economic decline.
I wouldn't want to collect interest from a broke entity. The financial system is ruined which is why it is smart to buy valuable materials and get your money out of the paper ponzi.
And interest is $1TN per year, which is almost half of our tax revenue. We have to print $2TN each year to keep the spending up or risk economic decline.
I wouldn't want to collect interest from a broke entity. The financial system is ruined which is why it is smart to buy valuable materials and get your money out of the paper ponzi.