buy gold
Buy gold
Zachary Campbell
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Jaxon Morales
Don't like it? SCHIFF!
Jeremiah Taylor
kekked
Colton Parker
Buy Bitcoin; you can learn about it here
blog.plan99.net
Jack Butler
Deflation is here in america, but ol pete is kinda betting that the fed will do more QE and NIRP. I personally think the FED at some point will stop the QE, seeing as the last pump has been incredibly ineffective and all evidence indicates it is actually harming the economy (main street completely disconnected from wall street gains). And before you say "Too big to fail!!!" this recent crisis has revealed just how little banks actually matter to most americans. We can survive with the financial sector in crumbles because it is already a massive joke, with or without billions of pump.
Powell is also giving a speech in a few days, and is expected to do one of two things: 1) affirm that the FED will never do negative interest rates or 2) state "temporary" negative interest rates in the future are a possibility.
If he says number 1, he is basically telling the economy deflation is inevitable and he wont try to do anything about it because the alternative (massive hyper inflation) is worse. If he says number 2, he is saying that FED will keep printing until the death of the dollar. There is just not a lot we know right now.
The FED knows that 15% unemployment + artifical inflation is a bad idea. This is worse than the stagflation scenario from the 70s... and the only thing that fixed that was a giant paul volker schlong (high interest rates), which more than half the FED remembers as it was a key part of their childhoods.
Joshua Cook
What if Bitcoin were minable & fee-less?
Thomas Thomas
I did
Blake Cook
I've made huge gains on physical gold and mining stocks. Glad I started buying several years ago. Schiff knows his shit.
Matthew Long
fuck you im ballz deep in silver
Gabriel Brooks
Whats he drinking?
Ryan Scott
Coconut water
Jaxson Moore
Logan Price
Dude, the cold thing is going to blow over in a month or two.
Bentley Gomez
Wow this Schiff guy is dangerously based
Austin Allen
>A person whose work is worth (less than?) 2 dollars an hour?
I can find HR departments full of those.
Ethan Bennett
What if it just worked as intended instead?
Lucas King
That's Bitcoin Cash (BCH), the real Bitcoin.
medium.com
medium.com
medium.com
medium.com
Lucas Wright
BCH isn't feeless. It's just another small block shitcoin with shifting sand for a protocol.
Liam Evans
Completely false. Look at txstreet.com
for a demonstration.
BTC at the $20,000 height had $100-fees and 3-day waiting times. BCH, even as it stands today, could handle each transaction for one cent.
Christopher Cook
This
Is it 100% fee-less
Liam Rivera
That isn't feeless. Which isn't a problem. Bitcoin is suppose to have fees, they're just suppose to be cheap. Cheaper than one cent even. About a tenth or a hundredth of a cent for a simple transaction.
Nathan Young
I agree, but having fees means it can fluctuate.
Jaxon Young
goyim stemcells with gold flakes
Kayden Fisher
Not really. If blocks are unbounded like they are in BSV then they're never full. If they're never full users aren't competing for blockspace. If they aren't competing for blockspace they aren't bidding up transaction fees to get their transactions in a block before other users, because the blocksize is unbounded.
Zachary Morris
Also Newmont and Barrick stock, when the gold price really starts moving, institutional money will flow into the 2 big names.
Cooper Allen
I still prefer no fees.
Ryan Campbell
No fees sounds nice, but then there is no incentive to maintain the network by miners. For now they can survive on a block reward by minting new Bitcoin, but that won't last forever.
Nicholas Brooks
>but then there is no incentive to maintain the network by miners
Your are right, in bitcoin's case.
Angel Morales
foreskins and atomic gold
Jayden Diaz
I always suspected it was alcohol. His skin is always flush
Is this a popular drink in puerto rico?
Caleb Morris
There was never a point where you would pay anywhere near that fee AND wait three days. The high fees quoted were always for a guaranteed next block transaction, and I never saw anything over 40 dollars. Never paid more than 5 dollars personally. You sir, are fudding with bullshit.
Ethan Hernandez
>sits down at bar
>yea can i get uhhhhh lime ginger shots
Benjamin Ward
>I've made HUGE gains on physical gold
stop lying faggot. 4% a year isn't huge....
Josiah Garcia