....well? is he right?
....well? is he right?
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twitter posting should be a global no-read ban imo
Why are you censoring his name?
That's great tell 2008 how great government regulations worked.
I don't get it.
To keep the autists away from op.
He's right
But it's irrelevant
Because the other best part about bitcoin is that you get to realize why financial regulations shouldn't exist.
No. It's not just Libertarians in crypto, it's greedy people. Greedy people lose their shit. The ones that don't realize reality.
The lack of regulation isn't the problem, it's the greed of the buyers. Stupid people buy something going up in value even if what it's designed for is a failure (as a currency).
He thinks government regulations can control valuation.
Yes please let the institution $20 trillion in debt teach me how to be financially responsible
The best thing for about bitcoin is that you get to see jews and capitalists
gloat about internet money being a scam/bubble right before a bull run up another 5k dollars that makes them look like the total subhumans they are.
I mean..I sold almost at the top, so if financial regulations exist to NOT make me rich, then fuck yeah I'll become a libertarian.
shilling your twitter account pretty low even for you op
Never go full libertarian
Because when you threaten to enforce them on a thriving market people freak out and things go haywire?
is financial regulation needed to keep neets from becoming the wealthy elite?
No. Bitcoin is valuable and continues to go up precisely because it cannot be regulated.
if only i were as intellectual as twitter man
by 2022 every btc will be worth somewhere around $4914286 USD.
Gentlemen, we are currently seeing the largest relocation of wealth in history. Owning even a single btc and holding it until at least 2025 will allow you to retire.
If you can take out a loan to acquire a entire btc I HIGHLY suggest you do so.
If you want to cash out of btc, leave at LEAST 1 btc until it reaches a 5 million USD per coin cost.
By that time btc cost will only grow with the growth gross world product.
A more apt way of putting it:
You realise socialists are just libertarians who suck at making decisions for themselves
>The free market works if everyone isn't a dumb dumb.
That's true for everything.
I'm almost certain that financial regulations can't really control the value of currency. USD has been losing value since it's inception, regulation didn't help then and I don't see how it would help now.
>telling people to take at a loan at the peak of the current bubble
I HIGHLY suggest you kill yourself
...
Free market works regardless of whether people are dumb or not.
Part of being "free" is the freedom to be dumb
It works until someone get too powerful to make the market not so free anymore.
I think free markets are good because it culls the weak.
We have had our shitty western market too polluted by pieces of feces with legs, both poor and rich.
8 Megapixels of delussion kek
Coreshills not even trying anymore, this shit is over.
>bitcoin will become the global reserve currency
they cant resist
>he doesn't realize investing in crypto is a capitalistic concept
gee whiz you sure are retarded, buddy!
Even if the government banned crypto it won't stop idiots from getting into other get rich quick schemes.
>hey this is an example of when regulation failed and what happens when financial institutions do whatever they want, which shows that regulations are shit in the first place!
...
Pluralizing bitcoin
>regulation failed
Regulating the money supply and guaranteeing shit laons aka the central banking and liberal cuckoldry for muh minority housing was the reason the crash was possible. The market would never have accepted that kind of risk without governments securing those loans
Watching GDAX prices pump and dump completely unnaturally the past few weeks and I agree with him
It's obvious someone is manipulating this market for their own gain. This kind of activity is illegal in the stock market, it should be illegal here too
Good luck regulating bitfinex from the other side of the world, retard.
On the other hand, nobody forces you to invest in a high risk market. You nanny state babbies are used to lack any form of agency or responsability over your stupid decisions. This is a good wake up call.
I work in a highly regulated industry. Seriously fuck all of this noise. Regulation is for plebs and retards. The more we protect them, the more they have children. This changes nothing.
>someone protect me from da bad guys i can't handle my own risks dur
no, the best part about bitcoins are the 3rd world dominating it and then shitting on the clean streets
This guy gets it.
>muh libruls
funny how its always compared to DOLLAR, its almost like bitcoin is just a scam which value comes directly from dollars
Quality responses.
Also, op is a retarded faggot.
>fungible
>high
>easily transactable
>high
>decentralized
>high
top kek
well thats the current system its going to replace, you fucking moron
what else would it compare to?
>big bank fails
>bunch of regulations passed that kill of their competitors
>the system works
>hey can I buy some bitcoin off you, how much?
>idk
No! because libertarians aren't limp dicked faggot soyboys that need the government involved in everything and know the risks
What are the red meme lines for in your pic?
more like the best part is that you get to watch your political opponents make fucking bank while you sit there with your ironic twitter persona making snarky tweets
>doesn’t realize all currency is valued against the dollar
Yeah they exist to keep the poor from ruining the rich's steady gains
Less people in = less volatility but also no opportunity for those excluded. It's retarded that only millionaires are allowed to invest in securities but hey, Bernie 2020 am I right? Then we'll have useless degrees to go with our inescapable poverty!
Bitcoin attracts a lot of libertarians but not all bitcoiners are like that. I've been in the bitcoin community since 2011 and I'm a liberal socialist. I fully realize regulations is necessary in many areas.
i hope your children get cancer and your wive leaves you for her bull, cuck.
I just feel sorry for you deluded retards now
This.
If you want regulations you'll either get fucked over by legislators who only work for their own benefit or get fucked over by legislators who understand less about finance than yourself.
>I'm a liberal socialist
kys
>liberal socialist
when did people start bragging about being retarded? is this what youtube has done to peoples' heads?
Bureaucracy is cancer and anyone who defends it deserves to suffer
a son asks his father "Dad, can I have $10 in bitcoin please?"
the father responds "$10.42? Yeah sure I can give you $9.74"
you can't regulate greed though. you can only let the greedy feel the consequences of their actions through loss of business
Well, if Bitcoin ever loses its value, we're not going to blame lack of regulations for it, but jews.
>DA JOOS
topkek
How do you wanna compare different assets in different currencies if you don't convert them to the same?
Brainlet alert
>not dominated by a country
China literally owns 60% of the hashing rate.
>liberal
>socialist
Really made me think.
And the USA, Russia and Europe could easily beat remedy to this fact if it was a real issue.
It's servers and customized chips, not top sekret super weapons that are behind this domination.
Both OP and guy in the pic are shit-stains at best.
You can’t expect a nigger to think it through that far... which is what OP is
without that debt you probably would have never been born idiot
>what is nominal debt
>what is relative debt
we live in a debt based system u fucking dunces, thats why you are losers - because u dont fucking get it
Muh gibs
see u folks are the ones in the purple box
>Dad can I have 3 gold Oz worth of US dollars
that someone is called the government you dingus