Bitcoin = Shit

He's telling it like it is

He is right you know. It won't save him from the rope though.

bis vs biz

The Internet is never going to take control of the world. It breaks down as soon as 10k people would actively try to use it. The devs are literally retards. I am siding with the big money here. World wide web - piece of shit
>t. literally you in the 90s

How the fuck is bitcoin a ponzi scheme? It's just supply and demand. By that logic all stocks are a ponzi scheme too.

Remember when Internet in 90s was only good for ponzi schemes and buying drugs?

World wide web was developed by actual scientists & universities.

Bitcoin is developed by guys like this one on the left.

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Internet is where all the hoodlums hang out. Stay away.

Yes. Yes I do
>initially pure intentions corrupted by the countercultural "loser" initial userbase
Seems to ring a bell

were you not around in the 90s on the internet user?

Because the internet was very visibly and clearly a whole bunch of crazy illegal shit for a very long time.

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C'mon guyz, show him how useful crypto-dapps can be.

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I'm dying

No, sorry grandpa

>chief banker perceives imminent death of banks

can you possibly ask for more bullish news?

we're at the $1M bitcoin guaranteed stage

Bank of International Sausages

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dont worry, see that guy behind him ? bog's agent

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absolute unit

This news is fucking six months old. Try harder user

>must be shut down

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Step aside boy

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UNIT

BIS huh

"Table 2 below shows that during this period the BIS gave 74,082 kg. fine gold from its
various depositories to 11 different central banks or international institutions in exchange for
74,108 kg. fine gold it received at different depositories. Half of these gold exchanges, amounting
to 37,981 kg. fine gold, were carried out with the German Reichsbank. Other important
counterparties included the Nederlandsche Bank (13,167 kg. fine gold) and the National Bank of
Belgium (9,891 kg. fine gold). A detailed list (chronological and by customer) of all gold
exchanges organised by the BIS during this period can be found in Appendix 2."

bis.org/publ/bisp03.pdf

The BIS is a closed organization owned by the 55 central banks. The heads of these central banks travel to the Basel headquarters once every two months, and the General Meeting, the BIS’s supreme executive body, takes place once a year.

So the private banks own the Fed (and other central banks), and the central banks, in turn, own BIS. Interestingly, Spiegel points out that BIS is largely immune from regulation, oversight or taxes:

Formally registered as a stock corporation, it is recognized as an international organization and, therefore, is not subject to any jurisdiction other than international law.

It does not need to pay tax, and its members and employees enjoy extensive immunity. No other institution regulates the BIS, despite the fact that it manages about 4 percent of the world’s total currency reserves, or €217 trillion ($304 trillion), as well as 120 tons of gold…

AND IT IS OBSOLETE

As of March 2006, the BIS had 55 shareholding central banks from around the world. As of March 2006, the Bank’s assets were approximately $221 billion, including $5.8 billion of its own funds.When the BIS initially raised capital, participating banks were given the option to buy BIS shares or arrange for those shares to be bought by the public. Currently, 86 percent of the shares of the BIS are registered in the names of central banks, and 14 percent are held by private shareholders. The shares owned by private shareholders consist of part of the French and Belgian issues and all of the shares that were in the original U.S. issue in 1930.

Someone please shop Jow Forums instead of bis

>im here to shut it down

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>14 percent are held by private shareholders

OBSOLETE

Says bitcoin is a threat.
ORLY?

Same thing can be said about the size of this guys gut. Bitcoin must pose a threat to his 10-meals-a-day diet for him to react like this.

good and hopefully it stays that way.
nobody was ever in bitcoin for the tech.
if anything its the worst crypto out there.
hopefuly some of the newer modernized cryptos replace it.
then we might actually go somewhere.