You guys don't get it. The fed is literally crashing the dollar with no survivors...

The dollar didnt survive anything they just started pumping blood into a dead body

>Alan Greenspan
oh you mean the guy with no credibility anymore?

explain QE4 then

Lol if you think Europe won’t go down with the US. The whole global economy will go down if us gets fucked.

It isn't internet monopoly money. Like it or not it has real scarcity. Sure it may be an artificial tool with arbitrary values (21 million btc, 10 minute blocktimes) but that does not make it any less scarce or real. It is simply makes it another tool invented by mankind. Much like the current failing financial system we have. Except this technology is newer, and more resistant to human error.

what are you even talking about?

Printing money out of nowhere

Bloomberg interview January 31st:
youtube.com/watch?v=iiwnRO53G2M

lmao protectionism is already priced in you fool. The next step for the dollar would be if america announces a surprise 4th rate hike. added to the fact we are at important support, you literally cant predict it will go down more. its more likely to bounce up like it did last august

>I have a paper cup in my hand. I have drawn a penis on this papercup and signed my name. This papercup is scarce.Therefore its value must go up forever.

K, how many beanie baby holders are thinking the same thing? It's absolutely insane to me that you're speaking about how the dollar works when you have no fucking clue.

Government/media are actively trying to kill bitcoin

>this shit pops up on top feed out of nowhere on all normie media shit

Looks like me like its a combined effort to kill off bitcoin.

Huge anti crypto sentiment from governments across the globe + media spin = no new buyers

Seems like they want thier own cryptos that they can control like fiat.

ITS OVER

RJLZPUyR is a government shill. They glow in the dark.

t. /pol/

Bitcoin is not going up because it is worth more. It's going up because the dollar is worth LESS. Putting money in ANY asset is the way to go. It doesn't have to be bitcoin. However when the government inevitably stsrts confiscating assets, it will be a lot harder to confiscate bitcoin than your benie baby collection.

Nah, based Trump's gonna save the world again soon. Just you wait and see.

Its fucking currency manipulation Trump talked about this extensively on the campaign trail. Whether its good or bad I don't know but its definitely on purpose.

>zionist neocon
>save the world

not gonna happen.

Been OD'ing on CNN again? He's vastly more intelligent than any of us. He got this. Look at how he saved the stock market, the unemployment crisis caused by liberals and the sinking crime rates

Poor quality bait user, at least make it somewhat believable

>All fiat currencies
explain to me how bitcoin is not a fiat currency

Are you actually implying the stock exchanges all over the world except Japan hasn't been pushing new ATHs the moment he got into office? That he hasn't wrestled down unemployment many percentages? He inherrited hell. He fixed it within a year.

>he hasn't wrestled down unemployment many percentages?
lol

Bitcoin is a commodity. It requires computational work for new currency to be created. New currency is continually issued at a decreasing rate until there is zero inflation. It is quite exactly the opposite of fiat because it cannot be created out of thin air, it can only be created with computational work.

>muh 5D aquatic skateboarding

from that point of view the US dollar is literally a commodity as it is manufactured into bills

bitcoin is not a commodity lol

com·mod·i·ty
kəˈmädədē/Submit
noun
a raw material or primary agricultural product that can be bought and sold, such as copper or coffee.

>Hurr durr when the planetary banking system collapses Internet funny money is going to magically save the day

If the entire FIAT system falls the only thing that will matter is food, water, and bullets. Your imaginary coins aren't going to be worth shit, especially since you won't be able to transfer them (because the fucking world is colapsing)

Can't be created out of thin air*

*Unless it's one of the coins that can or if they do a hard fork and create coins out of thin air

>duh gubment said economy is awesome!

But the USD is manufactured with an inconsistent rate due to human error in policy making. Bitcoin's currency issuance is algorithmic allowing for zero human error to take place.

bitcoin is not a commodity

coffee is a commodity, orange juice is a commodity, salt is a commodity

bitcoin is a theoretical currency that is fiat with zero things backing it up

youtube.com/watch?v=hCKnB6R6U_k

>implying that forks are worth something

I already said computational power backs it up. You could not counterfeit a bitcoin if you tried.

As for if it is a commodity, I meant it trades like a commodity due to its scarcity. I guess I would classify it as a currency that trades like a commodity. But you're right it is artificial as in it is man made. However that doesn't mean it is worthless. It has a multi billion dollar distributed computational network to back it up. It cannot be created out of thin air. I urge you to try and prove me wrong.

You can't counterfeit it but you can copy it and make a shitcoin to dilute the market

Sure but you have to use coersion to manipulate people into using it.

>I already said computational power backs it up. You could not counterfeit a bitcoin if you tried.
that has nothing to do with something being a commodity or not, confirmed limited supply does not make something a commodity

...

Classify it how you wish then. It still is different from traditional fiat currencies because it is not printed by a central agency at a dynamic rate. It is printed using computational work at a fixed rate.

Banks aren't gonna let fiat go into hyperinflation mode. It's their baby and they're gonna drain the other markets such as bonds get fucked. Fiat may take a dive but it's probably the best hedge for now. Crypto is a good backup against hyperinflation, but that's highly unlikely and could threaten crypto's existence too if infrastructure gets fucked. I'd be most comfy owning physical assets right now desu

I've never seen this amount of trust in the government on this board. Yeah, there will be riots and the world economy is going to absolutely crash. This happened a little less than 100 years ago and it shaped the current billionaire list (Warren buffet and many others all had parents who bought a shit ton of stocks right after the great depression). People are going to starve in the streets and there will be a world war.
What I'm most surprised about is people not seeing this about to happen. Humanity runs in cycles, the cycles are getting faster.

>The dollar survived the final nail in the coffin
The last 10 years has been holding the coffin on the shoulders of the rich before finally laying it to rest.

The infrastructure could be threatened but as long as internet connections continue to work, bitcoins infrastructure can autocorrect to the number of active miners who are able to afford hosting. If the internet gets shutdown the whole system can be moved to ham radio or some other form of communication. But you're right physical assets sre better in that situation.

The cycles are faster because we have never been this overleveraged before.

Meta

bumping this thread with no survivors

Well here's a layer on the cake you are missing.
The plan is too get most people to put their money in crypto due to USD devaluing and the economy crashing & then when crash crypto and ban it after everybody's invested and essentially making the whole world dead broke. And then the NWO comes in and fucks u in the ass.

But they do not have control over it. They're trying to manipulate it but they do not have the same control that they have with traditional fiat. Still I agree they will try and this is probably what they're going to do.

They are too busy with Netflix and Facebook.
At least before people were uninformed uneducated peasants which was an acceptable and realistic excuse.

Today's sheep that remain stupid and ignorant by choice have no excuse. If you are connected to the internet or know someone who is and you can't see what's going on go fuck yourself because you are the reason for everything bad happenings to us all. I have tried redpilling people everywhere. They just don't want to hear it. Every year I show them more proof of shit they laughed at the year before but no.fuck it all.

>if the dollar crashes then the WORLD is FUCKED
Never post again

why are they helping china? It makes literally no sense, no jews live in china and the chinese government is not even really communistic

The US is not that important in the global commerce
If it collapsed and stopped forcing others from buying its dollars and weapons and stops stealing natural ressources it wouldn't be too bad for the rest of the world

So should I move from Canada to the EU then?

That's the joke though. They already have and always had control of it. And they are just drafting the right team. Consolidating every thing and inching in as far as they can for the complete takeover. They're even amnipulating the markets. This whole thing is controlled.

The Jap guy who made it never existed. It was like the fucking NSAbor some shit .

...

Exactly. Bitcoin was made by them. It's a currency that governments don't have to adopt for the people to use. They use the "get rich quick" selling point to make it popular among people.
Cryptocurrency will be the one world currency.

I don't think the NSA had anything to do with it. I could be wrong but the initial releases of the software seemed like it was created by a single guy. Maybe I'm wrong though.

> Implying btc isn't digital beanie babies

the US Dollar is the one world currency

That's the point. To make it look that way.
Fuck the NSA FBI CIA who fucking knows don't matter the name.

But why would they make it decentralized and scarce? Also why does the msm continue to say blockchain not bircoin?

lol it wasn't the FBI or CIA jeez user
lol
probably DoD/NSA job

do the opposite of what the MSM says
don't u know anything

All the same shit at this point

The only thing that would make me think it hss anything remotely to do with the NSA is the use of sha256. Howeber if it as developrd by the NSA and sha256 had a secret backdoor satoshi would not have used double sha256 hashes and ripemd. He would have stuck to just sha256. Clearly he wanted to make this technology strong so he incorporated ecc, sha256, and ripemd. Also I think if the nsa developed it bitcoin would be using RSA instead of ecc, but neither of these prove it wasn't developed by the NSA. There really is no way to tell.

As for decentralized, it really can't be when you think about it. But it fits well in with the popular idea that these Jew freaks are "communists" who want all countries to be equally "rich" so to speak. Might explain why they are allowing China and African countries to rise.

>pajeetcoin when?

What can one do to hedge against this.

you're an idiot loon
the CIA and FBI are in bed together and they fucking hate the NSA
Have you event met an FBI agent or NSA operative/contractor - it's like talking to a retarded 14 year old girl and IQ 150 wizard

NSA can bust RSA and single sha, if they can break it others can/will later. they aren't gonna run a currency unless it's solid and they can own it forever. they break it with 51% shenanigans.

Fuck it I'm not even positive about anything I said but it's just a natural instinct for me think that. I mean before Bitcoin there was always talk about a one world currency that's digital.
I'm not talking about the bottom of the chain agents I'm talking about orders and shit from the top. Those people are just cogs following orders. But if you speak out you know what happens. If u knew anything worthwhile to begin with.

NRO here; can confirm that all intelligence agencies absolutely despise one another.

Man you’re hopeless if you can’t see the inherent value in a decentralized electronic currency.

I’m not convinced that bitcoin is an inside spook job. Anti gov types have been trying to create a decentralized “currency, means of exchange, w/e” since the early days of the internet.
Btc is more or less the culmination of that, and the movement was revived in the wake of ‘08. I have no doubt that (((they))) have plans for a one world currency, but I don’t think Btc is it. I believe they were aware of it, likely were observing it closely to see how it would play out, allowed it to become more mainstream via the media, and now they are actively trying to control it. They quietly accumulated sub 5k, then unloaded their bags all the way to 20k once enough normies were buying in. Now they’ve shorted the market and are using futures cash to buy as much of the supply as they can. It’s all they know, moving money from the many to the few. From weak hands to strong.

see
>

>what is quantitative easing
You have to go back.

>luckily my currency is EUR
you poor, stupid bastard

(((they))) don't control it so they want to kill it

Except the internet was an inside job top though

OP is right. It is already ogre.

trips speak truth

Who remembers the Cyprus bank nationalisation and the ensuing btc spike?

>Cyprus gov took all bank deposits over 20k eur, the citizens rushed their money into btc as a response

Btc's real value appears to be as a safe haven during these types of events. Good thing 2018 has no pending financial disasters on the horizon..