/biz/ - Business & Finance

>>47197
How will bitcoin survive quantum computing?

are we talking years ago or are we talking now after Trump's already had his own ponzi scheme version and the elite use them as pump and dumps

it's just another floating imaginary currency backed by fuck all

>acting like all the bitcoin exchanges wouldn't shut down exactly like the stock market and normalfag tier brokerages do on a whim when elite interests are compromised by it

47212 there's this thing called bisq where you don't need an exchange.. also in person

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four seven two one three where can I find the guy in the alley selling bitcoin, over

>>47211
Backed by what does it mean to have a backed currency? when a currency is backed by gold it means that the supply of fiat should not exceed the supply of gold. bitcoin has a hard coded limit for supply 21million

>>47215
so how can one artificially delete half the gold on a schedule to shoot up the value of the currency it's backing artificially

>>47205
Bitcoin is better understood as an ideology those running nodes would fork the chain to upgrade it to be quantum resistant. the people that want to end the FED money printing won't let something like that stop there idea

>>47216
what are you talking about?

>>47218
>Bitcoin rarity is primarily influenced by the halving events that occur approximately every four years, reducing the block reward for miners by 50%. This mechanism ensures that the total supply of Bitcoin is capped at 21 million, creating scarcity and potentially increasing its value over time.

aka "artificial" aka "forced" aka "thank god no jews can code"

>>47219
this is the supply emissions rate that happens every 10 min that will end in 2140 with there having been 21million coins ever produced. not the total supply being cut in half. the monetary policy is open and predictable and not on the whims of a fed chairman

>>47220
it's not code that runs the network its a consensus mechanism. all the nodes across the hold world or at least 51% would have to decide to change the code. it hasn't meaningfully changed in its 17 years of existence

I was hoping at least some of you would have a basic understanding of what this is already.... I would like to discuss the political implications if it becomes a tier 1 global asset

>>47221
>not the total supply being cut in half
it isn't but it is but it's actually way more than "half" it's cutting out
and who is counting them all, exactly, to know
see also: votes
>the monetary policy is open and predictable and not on the whims of a fed chairman
see: above: about whomst is even counting or investigating the code and why you're even trusting that like it's fucking gravity or some natural law

>>47224
You have no idea what you're talking about. yes I personally have looked at the code. the supply via the block chain is auditable and open.

there is no such thing as "hardcoded" in the vidya mod community really if someone wants to stick it in there bad enough and puts in enough time, then by god the sims will have prepubescent child sex

>>47225
forgive me I didn't know there was a digital forensics specialist here, I concede

>>47226
you're retarded

>>47228
are you saying there's no prepubescent sex mods for the sims

>>47223
>I would like to discuss the political implications if it becomes a tier 1 global asset
what is it about the German decision to just make its own currency entirely outside of the hebrew usury banking system that makes you think there is any escape

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it's kind of reminiscent of when people say "China isn't kiked"
https://en.wikipedia.org/wiki/Petroyuan
despite the fact the petrodollar was Kissinger's invention, the CIA aborted every single competitor petrocurrency to it in the womb except the petroyuan, and Kissinger just happened to be visiting China and totally-not-advising Trump when the petroyuan came into existence

>>47197
Retarded. Next.

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>>47197
Blockchain is neat but bitcoin is 100% jewish to the core.

You have been warned, anon.

>>47276
got a source for that?

>>47230
That shows me that it is a real attach vector. bitcoin can't be attacked like a country. its a network

>>47232
HOW COULD THEY CONCEIVABLY TAKE DOWN THE NETWORK... DOES ANYONE HAVE ANY IDEA HOW THAT WOULD HAPPEN

they can't take down bitcoin for the same reason they can't stop torrenting. It's P2P and it happens globally. you can't go after all 300,000 different people running nodes and miners

bitcoin has the combined computing power of all the super computers in the world times 10

>>47232
Those images of Mao next to various Jews in shitty infographics really convinced me Chyna is owned by the Talmudic network. 100% Chuddie, I hear they even speak hebrew at CCP conferences and directly quote the torah instead of the little red book.

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>>47313
>its a network
Yeah no shit. Go on then... it's a network running on servers owned by who exactly, rabbi?

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>>47318
Hey rabbi, it's not too late to kys before the fire physically reaches you and yours, FYI!

The CCP was engineered by an 'American' who was Mao's top advisor called Sidney Rittenberg and his shitty little tribe.

>>47322
Run by people who care to actually do something rather than sit here and think everything is fake in denial and doing nothing. look at the node maps for the network. it's not run by data servers its run by everyday people.

>>47324
I personally run a node and know 3 others that do as well

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>>47322
It the jew afraid of the goyim waking up and not worshiping his kike masonic dollar? how will he print money to fund his scheme's?

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>>47326
And where exactly did I show support for central bank credits, rabbi? Your node does not matter. Where the fuck do you think the entire network called the internet came from in the first place? What's connecting your node to the next retard who's trying to use fucking online tokens to end their worship of jewish finance? 

The BTC Whitepaper and their fake and gay lolbert movement(Non Aggression Principle?! Lol... lmao, even) directly coupled to it was just another red herring to delay the masses from actually 'occupying' wallstreet and coming for their heads.

I hope many of our Peope can extrapolate real wealth out of that fucked up jewish market, but promoting it as any kind of solution outside of that is fucking retarded at best.

There is real work to be done, and it doesn't involve investing in anything online for 99.9999999% of us.

For Ameicans, George Washington showed us what real money is, and even legislated it. Every shift in monetary policy since then has become exponentially more jewish/satanic.

>>47328
actually I can use the bitcoin network over Bluetooth mesh network and radio mesh network. if they shut the internet down only guns and bullets will be valuable. yes everyone who wants to do anything should save 100% in BTC to make the dollar collapse. I'm not a libertarian I want the end of this goy slave system

>>47328
some how niggers in africa are able to figure this out and use the network in the jungle before you anon.

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https://files.catbox.moe/9znarg.mp4

"you're on ourchan on the internet. the internet is jew controlled... you must be a jew"

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>>47329
>if they shut the internet down
Then all your BTC is fucking worthless forever and that is my entire point here. 
>only guns and bullets will be valuable.
This is the worst take in the history of all takes.

The financial solution has already pulled of the greatest economic recovery in the history of economics, and there is not an economist in the USA teaching anyone about it: 

The Reichsmark 

However, I gotta say that your radio prowess is more valuable for our folks than any form of exchange currency... may God be with you and yours, anon!

Bitcoin is like gold & silver, except that it can be destroyed by magnets or high energy emissions, it's value is determined by scarcity alone - and yet the majority of supply is held by dark wallets with unknown owners, it was invented by a mysterious person or group nobody knows anything about, all your transactions are published and can be traced, a transaction costs energy/funds and finally it's pegged to the USD via Tether.

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>>47339
>all your transactions are published and can be traced
Wait until they make it a LAW that all Crypto/Stablecoin transactions MUST include a picture ID check.
It's already happening on superchats on odysee and other platforms for donations.

>>47342
I can send btc to anyone in the world an no one can change that or make any requirements

>>47339
what are you talking about? a global emt? magnets haven't effected computers for quite sometime now. this sound like schizo shit

>>47339
how is it pegged to tether God you are stupid

>>47338
sorry to let you know but the Reichsmark was a scam. work for a while but not sustainable

Well I'm learning why nobody is talking about it here. you all are raging idiot one trick ponies. smart enough to understand one thing but not two

>>47344
Magnets still erase hard drives, that hasn't changed at all. Who said anything about a global EM event? A solar flare could do it, but a localized event will fry your electronics just the same. Gold and silver are elemental and can't be destroyed except in nuclear reactions.

>>47345
People who hold bitcoin hedge via Tether. When bitcoin is up vs USD, they cash in to Tether which is pegged to USD. When bitcoin is down vs USD the reverse happens. Thus, BTC is tied to the USD via Tether.

>>47348
"your investment is screwed when the sun blows up" hello anon are we talking about real life or your schitzo hypotheticals... even if that does happen it would only hit half the earth. modern harddrives are solid state not HHD's. If you want to save all your money in gold and silver that is an acceptable contribution to the death of the dollar but I'll have fun networking and doing commerce with other anons over the internet, radio and bluetooth. your arguments about tether doesn't mean that it's "pegged" to tether. do you know what the word pegged means? when the dollar was pegged to gold you could take a dollar and get gold. bitcoin is not redeem able for tether people are trading/buying/selling between currencies. there is no fixed relationship between tether and BTC. the behavior your talking about is for degen crypto traders. I buy and never sell BTC and use it to make purchases directly

I think platforms like the chans are being brain drained. anyone who knows anything isn't using centralized moderated platforms anymore. why jump from chan to chan as they fail when you can use permissionless open decentralized social media platforms that no one can take down or censor on? you guys are just the ones who didn't get the memo?

this community obviously lacks technical skills... makes sense you don't know any better and think gold is still relevant

>>47197
Blackrock has the biggest stake in bitcoin.
Bitcoin is fully trackable.

Monero is the best crypto that we have currently.

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>>47352
hmm seems i'm able to buy bitcoin without kyc and use it wherever I want without any identifying information and don't need your uncapped supply shit coin...

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>>47346
>the Reichsmark was a scam. work for a while but not sustainable
You can hang yourself in less than 30 seconds with a $15 extension chord and not have to worry about validating any of your obvious horse shit ever again or anything else for that matter.

TKD, you fucking faggot.

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>>47352
>Blackrock has the biggest stake in bitcoin.
This cannot be overstated. It is a 100% central bank op. 

BTC blockchain is not anonymous or open source.. it is digital slavery.

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>>47351
>this community obviously lacks
So fuck off back to your community you God damned retard.

>>47358
Glady... Have Fun Stay Poor. having no political agency, no monetary agency and contributing to the demise of the white race.  https://www.youtube.com/watch?v=FyK4P7ZdOK8

how do you think sam hyde has been able to fund his buisness? hes doing a lot more with his bitcoin than your gold anon

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>>47359
>white
I noticed you forgot to capitalize "White" and fuck off. We'll see ya!

>>47361
aggagggaghahhh I must be a jewwww agagasasg

>>47356
who owns what doesn't matter. the rules of the system matter

>>47356
you can't manipulate the system by ownership like the fiat system or Ethereum and other PoS shitcoins

>>47315
>TAKE DOWN
they don't have to take anything down when they can simply alter the code and have it spread
even you said they don't have to alter all of it
>>47222
>at least 51% would have to decide to change the code

51% is 49% away from 100%

>"blockchain" that's verified by a constant connection to the other nodes
<nobody could ever use this connection to force changes to other nodes' code
<there's not inherently hardware level backdoors built into all of this shit now

>>47197
I love messing with you guys, but seriously, you actually like this disgusting shit currency over the most subversive one in existence? (Yes, XMR, obviously).

You have to be retarded to think Bitcoin is saving you from modern ills, because it has the exact same issues. Really telling that the average idiot on here has no idea on anything.

>>47390
yeah that's the biggest take away. all of this is very early still. I Think XMR is cool but BTC has the mainstream adoption

>>47390
BTC would be better if it had the privacy of XMR but you can still use it anonymously if you buy with no kyc and use mixers. the mainstream adoption is a big part of it that will eventually make these retards get some type of clue. any PoW crypto is better than fiat

I get that all you anons are sus of something that's mainstream that is an instinct I'm sure we all have however every aspect of the bitcoin network is auditable. it is what it is, flaws and features. you anons for the most part don't have a clue about anything and should really start educating yourself

>but you can still use it anonymously if you buy with no kyc and use mixers.
You can't, but I'm not going to get into why because I need to keep making money.

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>>47439
pic rel is a constant recurring theme in this iteration of reality in this timeline
numbers and economics and currency and code are all human inventions, they're all subject to whims and desires and subversion, there's no "laws" that govern them beyond what we decree that are entirely malleable
the number of pump and dump crypto ponzi schemes in themselves paint btc in a shit light regardless of the other issues like the fact there will never be some kind of currency that's allowed to exist outside of the existing systems

at least with shit like silver there's some actual element of it that exists in reality

tbh if you think it wouldn't get to some point where the blockchain was being used to make all your personal btc unusable at the drop of a hat like a bank account getting frozen you're fooling yourself

just because it's not being used right now to 100% track everything you do with it does not at all mean it can't, records of the ownership of it are baked into it
you're already supposed to be declaring your crypto to the IRS, that's not going to be voluntary forever
there's reasons nearly every government is discussing adopting crypto currencies

isn't the deal with btc is that nobody will accept it by itself so it's only value is in transfer to usd for another sucker to hold the bag

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>>47377
>you can't manipulate the system by ownership
Btc crashes every time a whale fucking breathes hahahahah

Explain how the value remains unchanged when jp Morgan buys a few hundred.. I'll wait. (not really)

You're 15 years late and will now stay broke. Cope harder you fucking nigger

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>>47465
>tbh if you think it wouldn't get to some point where the blockchain was being used to make all your personal btc unusable at the drop of a hat like a bank account getting frozen you're fooling yourself
Can't belive I agree with you but this is the entire point of releasing blockchain to the public. 

They will close the sale on digitalid/socialcredit/cbdc/blockchain to the normies so that we can have "safe and secure vooooooting freeeeeedumb through BLOCKCHAIN"

They will monitor every single transaction and lock down whatever the fuck they want, whenever the fuck they want. 

Palantir has entered the chat, you absolute fools.

The Reichsmark is the financial solution here.

Always has been.

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>>47484
>Can't belive I agree with you
it will get easier
the ability to grudgingly agree with someone they dislike sets a man above most, kudos

>>47197
>... and it's totally anonymous!
this was its major selling point.  then a decade or so later it came out that each and every transaction can be traced back directly to you.  the only reason it's being pushed so hard now is that the jews have figured out a way to get their percentage out of it.  truly TMOTB.

move it back and see if the post numbers fix themselves because all that was accomplished here was killing this thread for good.

like the entire thread's flow of conversation has been utterly destroyed
this kind of thing so only be some absolute last resort that has an extremely good reason that most anyone could look at and go "oh okay that's why"