Guys, is crypto pol approved?

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apparently yes.

personally I stick to land as a form of investment, (because it actually exists) and think you're all absolute guttertrash retards for jumping into a pyramid scheme that will only fuck up the economy even faster

It depends, have the Jews got there hands on it?

The current state of /biz/

Why do exchanges have cuck withdrawal limits?
Fuck your 10k$ only per day.

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Asking for pol's approval is not pol approved

Yes.

It is greatly endored by Charlesville- altrighters like Richard Spencer, Andrew Anglin, Emily Youcis, Christopher Cantwell.

Because they are blocked by things like paypall and other payment methods.

There is even the case of a Holocaust Revisionist organization who had their bank accounts `terminated` because their bank didn't want to participate in `hate speech`.

ihr.org/news/dec2013creditcardrestored

Cardano has a built in governence system of delegate arms.

Ita goberment approved too.
>Gotta get that 1 world currency going lols

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Wait for decentralized exchanges and platforms that automatically convert between fiat-fiat or fiat-crypto and this problem will be a thing of the past.

>Charlesville- altrighters
cringetarded useful idiots

Best meme ever. Crypto in a nutshell.

Sup Forums is not one person
crypto has various perks. A number of right wing organizations are allegedly funded via cryptocurrency. It has a certain 'barrier for entry' in the sense that you have to be competent enough to understand the basics of how to purchase and exchange it - which makes it less accessible to retards, women and minorities

There is also the potential for enormous profits, above and beyond traditional investments. As with anything, do your own research. The book Cryptoassets is a good primer, /biz/ can be helpful for beginners
>inb4 its a bubble

crypto is a "bubble" in a certain sense. 99% of the shitcoins made today will not survive long term or do anything useful. However this is a new technology that is on par with the invention of the internet, so the overall marketcap value will be orders of magnitude higher than it is today. You just have to pick the right projects.

Fiat is literally run by """European Style Socialists"""

The value of the dollar keeps going way down. You could buy a bushel of apples for a dollar 30 years ago, now you can buy 1 apple for that price.

The value of decentralized currency keeps going up, no one runs bitcoin, the price is determined by the people.

Bitcoin and gold are limited resources, the dollar is is virtually unlimited and the fed can print more at the snap of a finger. Ever wonder how our country can still function after a 6 trillion dollar war effort like Iraq? Because we can just keep going into debt and pass those consequences off to the next generation.

With bitcoin the feds can't just print more to fund their wars. Buying bitcoin is like investing in world peace at this point.

So yeah, buy more. Make the warmongers pay for their wars, not our children.

no. crypto meme is going to lead to a catastrophic event. the most fundamental understanding of money reveals the flaw of crypto. if you make money from it tho, props! just don't end up as the sucker

>no. crypto meme is going to lead to a catastrophic event. the most fundamental understanding of money reveals the flaw of crypto. if you make money from it tho, props! just don't end up as the sucker
Despite having a significant percentage of my portfolio invested in crypto, I very much agree with this. A lot of people will lose huge amounts in crypto, especially normies and niggers
>youtube.com/watch?v=iOe9U77YxzQ

Quality post

>1 bitcoin transaction uses more energy than a house in a week

Don't make the mistake of conflating blockchain tech/cryptoassets with Bitcoin itself

All evidence suggests that Bitcoin's value is compromised and heavily manipulated,
for more info
>reddit com/r/decred/comments/6wxueo/your_best_pitch_for_decred/dmcer4d/

>bitcoin is the only cryptocurrency in the world

also, this

How The Banks Bought Bitcoin | Lightning Network
>youtube.com/watch?v=UYHFrf5ci_g

It really is the only one that matters and most coins use proof of work which is highly energy inefficient

A bunch of retards who will eventually have to sell themselves on craigslist just to survive after investing everything in this Ponzi scheme.

youtube.com/watch?v=TRXdxiot5JM

yes, now go buy some XVG DCN DGB and DOGE so i can make some money

Better than fiat

Buying land only means you are buying a right to own the land owned by the government or rather a license to use the land.

only it isnt on par with the internet. Just because you repeat that sales pitch doesnt make it true. Internet isnt even that big of a deal.

Crypto is anathema to conservative values. It holds all it's value in purely speculating on the work of others. It's a way to gamble on peoples faith and is ultimately a ponzi scheme. Blockchain technology has had a decade to mature, to show something for itself and it has resulted in over 5000 alt coins that are dominated by scammers, fudders, organized groups who pump and dump coins. The IRS is even starting a bounty system for reporting on these groups.

Cryptos primary purpose is to facilitate criminality. Tax evasion, money laundering, drugs, child exploitation, weapons purchases, gambling and further ponzi schemes within ponzi schemes. Go to any forum and ask about paying taxes on crypto and you will get nothing but responses telling you to turn to criminality.

The people who support it are some of the lowest forms of humans that use the internet. It offers nothing but a way to weaken people and nations.

>ponzi scheme
Don't use words you don't understand

Fuck off crypto kike. It's what the entirety of it is built on. Early adopters and holders profit off new blood coming in on the hype and buying their bags. Selling always causes the price to crash and starts the cycle over. It's why it crashes like clockwork at the start of every year as the hype train hits it's final stop and people get left holding bags. It's the basis for nearly every ICO and coin out there. It's what turned /biz/ into nothing but a 24/7 shill board.

Crypto is nothing but gambling that someone else is going to hold your bags, in essence a ponzi scheme.

That's not what a ponzi scheme is. And yeah obviously there's a bunch of shitcoins, it's unregulated. That doesn't mean there aren't good projects.

How is it we still have tards who invest most of their savings into anything (the one on the bottom right). Is it so hard to only invest what you can afford to lose? It's like bitconnect, those people who "lost everything" should receive an economic Darwin award.

There are no good projects, it's all smoke and mirrors and attempts to snag more bitcoin to turn into currency. They either facilitate criminality or offer some service with the blockchain that need not exist. They aren't improving the logistics of anything or offering anything novel. They are offering a chance to gamble and that's it. A whole decade and the closest thing to relevancy is people buying seeds with dogecoin.

Ethereum is indisputably a successful project with a working product. So is monero. What the fuck are you on about?

I could smell the monero faggotry a mile away. All your tokens are shit and it's going nowhere with etherium. Monero is nothing but criminality, it has no purpose outside facilitating it and as such should not exist.

Keep your god damn crypto shill threads in your containment board.

I don't even hold monero retard, it's an example. You not liking the use case doesn't mean there isn't one.

t. has no idea about projects like chainlink

>They either facilitate criminality or offer some service with the blockchain that need not exist
spoken like a true boomer

>You not liking the use case doesn't mean there isn't one.

This is crypto in a nutshell. Despite the fact it's only used to scam people and buy drugs and CP they will do anything they can to try to on board more people in the hope they can get rid of bags.

How the fuck is this on par with the internet, do you even know what it is, lol.

$1000 EOY

Smartcontracts are self executing and can't exist without decentralization, which can't exist without crypto. It won't be as popular with the public, but it's bigger than the derivatives market.

The only red pill currency

none of you care about the supposed uses for these projects that never materialize. You only care about having bought in low and then making a profit off hype before abandoning it.

I have already made plenty off crypto but I see it for exactly what it is, paid my taxes and will watch the dumpster fire get bigger.

top kek

what do you think about it unironically though?

we care about both short and longterm wins.

>I have already made plenty off crypto but I see it for exactly what it is, paid my taxes and will watch the dumpster fire get bigger.
lol no you didnt

How is this any different than stocks? People don't invest in Amazon to help them develop their company, they do it to make money.

>I made planet off crypto
Your retarded understanding of crypto is a dead giveaway you're larping

>asking mommy for approval
this badburgerbuy is right.