You might think this is obsurd but this is what normies think about crypto

And then they conveniently ignore the arms race currently going on with central banks, and the coins being developed by guys who have been in finance at the CB/treasury level for their entire career

who gives a fuck with this no coiner faggot thinks

BTC is worthless as a currency,

blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7

controlled by Blockstream and the banks,

youtube.com/watch?v=XfcvX0P1b5g

and only propped up by the ponzi-scheme scam of tether.

youtube.com/watch?v=bFVK9SxKR5c

youtube.com/watch?v=qzDjJ-SrojY

When the reset happens, BTC will be priced in gold, not gold in BTC. Russia and China have accumulated precious metals to back their currencies with, not cryptos.

Attached: btc.jpg (938x716, 99.08K)

"IMHO BTC still has a long way to go. But to overturn the history of gold is wishful thinking. Fully backed Gold and silver substitutes and circulating coins are practical and acceptable for 7bn transacting individuals. BTC will then have no role and sink to zero priced in gold."

"If BTC is truly money gold will be priced in BTC when fiat finally fails. If not Gold will be money and BTC will evolve from a store of value into possibly the biggest bubble of all time."- Alasdair Macleod

Attached: mcl.png (1100x1100, 180.31K)

You are a retard

btc offers every single benefit of gold and more

A friend of mine said he saw this on reddit the other day

Attached: nipples.png (757x602, 60.54K)

BTC: Can't be used as a currency, requires privacy-destroying second-layer solutions to function, stores no intrinsic value, consumes enormous amounts of electricity actively to maintain, can be instantly lost if there is dementia/memory loss/a hardware failure/a thoughtless mistake/burglary/ten minutes of torture. Controlled by Blockstream and the banks. Would lead to a tyrannical technocracy.

Gold: Can be transferred in person with total privacy; stored in a Swiss vault for perfect safety; used as a currency with just as much efficiency as a currency as fiat currencies, since all you have to do is back the current fiat currencies with gold, as China and Russia are intending to do. With allocation, can be used to back a useful crypto with real intrinsic value, and broken into small fragments to pay for a cup of coffee, just like BTC into satoshis. Less than one fifth is in the hands of banks, most is in the people's hands in the form of jewellery. Has enormous intrinsic value in industry and ornament; is virtually indestructible and requires no energy to maintain, simply lies and stores the value which produced it. 5000 years of history, desired all over the world. Simple and universally understood.

>when you die your coins are lost unless you have tech-heavy family members
lol, though this doesn't apply to all anons i have zero siblings, very old parents (who are not rich but not poor, don't need my poorfag stack of btc and shitcoins) i have no kids, mid 30s if i die idgaf about my crypto nor will anyone

>Crypto hodlers and creators are nerds.
Yes.
>Young 20 somethings
Yet the community is packed with boomers and zoomers aswell. You're just generalizing to promote controversy.
>software architects
No developer uses the term architect. That shit is only for dumb people who want to sound smart.
>Crypto is only good for trading.
The purpose of currency IS trading. You trade dollars for food, water, electricity, a car, a house, clothing, etc.

If this faggot ain't taking seriously the point he tries to make, then why should I take anything he says seriously? Also:

>Added crypto to his CV
You don't add currency to your CV unless you're the developer of said currency. That's stupid, no one adds "owner of dollars" to their CV.
>Still hodls trashcoins
Make up your mind ya queer. If you truly had lost faith in the crypto, you would've dumpt everything, especially shitcoins.

Tl;dr Reddit faggot is just promoting FUD

it was all over biz, someone even posted it at 8 dollars (it went to 440)

Damn I lurk daily but I must have dismissed it as another shitcoin or didn’t notice it. Oh well gotta find the next one.

what is it with redditors and still thinking crypto is about payment with btc? it's like they're still stuck in 2015, how is it possible to still miss the point about how the value is in blockchain because of smart contract as backend tech?

He didnt write a single wrong thing. Not selling tho

>He didnt write a single wrong thing. Not selling tho

All of it is incorrect. He has no idea what blockchain is used for outside of trading. Tons of companies are investing and researching blockchain tech for real world case scenarios for businesses.

> t. is trying to get funding for a startup using blockchain tech

LOL based. Clearly FUD so he can accumulate more and price out Normans

Attached: E7F7C390-F491-45E0-B9B0-55C5BBDECCA5.jpg (447x438, 15.72K)

They haven’t seen enough upvoted posts that tell them about the potential and future of blockchain.

fucking retard

I mean he has some valid points.
Apparently its nothing for him anymore, why forcing it further.
You can get sucessfull without crypto for sure.
Even tough its irresponsible to not have some kind of blue chip crypto exposure in 2020.

Buttcoiners aren't normies they are spiteful incel autists. The real normies are either buying bitcoin, either fantasizing about buying bitcoin but never going it

>3k to 200k in 24h
imagine the high you’d get from this bros