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Based Peter Schiff DESTROYS Buttcoin with facts&logic
Christopher Russell
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David Gomez
Who?
Levi Cruz
No zoomers are buying Peter Schiff’s shiny boomer rocks
Hunter Perry
>old man yells at cloud
Robert Ortiz
Jackson Adams
> irrelevant cope
How do you answer the argument that crypto is a real life test of the greater fool theory? OG whales will dump on you and cash out.
Ethan Morris
this is literally what happened last bull tho lmao
Justin Edwards
i answer it by ignoring bait threads and letting time do the talking
Andrew Allen
Still new, can’t argue for or against the long term survival of BTC. But so far it’s had a track record of outperforming any other asset out there. Gold is great as well. But Peter Schiff is a boomer stuck in antiquated times not understanding the potential that crypto has to change finance as a whole.
Evan Sanchez
good. zoomers can stay poor.
and boomers don't own boomer rocks either.
Dylan Moore
So no one owns gold?
Charles Morris
rocktards bring me great amusement with their cope about how what has continued to happen for many years will suddenly stop happening so that they no longer seem ridiculous... please never leave biz metal boomers.
Cameron Taylor
> cash out
What did he mean by this?
Logan Parker
Only 1.6m left at exchange peter
there were 2.6m in january time is running out old man.
Kevin Kelly
central bankers and the ultra elite own gold.
very curious why they own a useless thing.
Cooper Sanchez
I fucked his wife in Tahiti in the late 80s
Camden Diaz
Yes the little guy gets in early because Bitcoin is decentralized. On a centralized shit token or system the big guys get in early then little guys get in later.
Bitcoin started with a couple of computers and grew to the network we see today. It didn't start with a central authority.
So yes bitcoin will let the little guys front run the big institutions. And that is a good thing.
Aiden Ward
gold does what like +1% annually on average.
bitcoin does +360% annually on average.
the boomer tard is blind to this on purpose because his business is to sell gold.
Eli Davis
Jason Perry
cant wait to short all the newfags with 10x leverage from the top
Thomas Bell
this, OP btfo
Kayden Lewis
Justin Jackson
>b b buttcoin??
Carter Nelson
based.
Noah Myers
Why are you and Mr. Schiff such emotional investors?
Charles Fisher
>s&p500
>comparing two high risk assets to a collectively low risk one
Mason Evans
Pics or it didn't happened.
Easton Carter
Connor Gray
if that's the case why haven't they done it already? why is there less and less bitcoin up for grab by exchanges? time is running out.
Colton Lee
anyone noticed that schiff is talking more about bitcoin lately than gold
Austin Rogers
The whole point of banks is to have distributed ledgers, except banks are controlled by the jews. Schiff is a smart idiot. His axiom is wrong. He believes in the concept of intrinsic value. He believes gold has intrinsic value because of his religious upbringing. Does gold that you cannot ever reach or use have value? No. It serves no purpose by just existing somewhere. It needs to be used and wanted by humans for some purpose. Humans attribute value to things.
The dirty secret Schiff won't understand or refuses to tell you is that fiat is perfectly fine as money, as long as the controlling party does not print more. All you really need is a system truly free from human manipulation to manage it.
Christopher Hall
>The whole point of banks is to have distributed ledgers
lol no
banks where based on the fact that it costs the same money to secure billions than to secure millions. centralized solutions scale great. low cost security. built on trust. also lending.
decentralization was never really a goal.
>fiat is perfectly fine as money
it's the best there is historically speaking
>as long as the controlling party does not print more
kek still fiat is best money it's just not a good long term store of value. and this is by design.