Financial collapse and BTC

Are you people black or just stupid.

Btc isn't going to go up in a financial collapse/currency crisis. Literally almost nobody owns btc. And when boomers lose 50% of their stock portfolio you think they are going to cash out the rest and sign up for a coinbase account?

Do yourself a favor and buy gold and silver. You zoomers make public school educated niggers look like fucking Nobel prize winners.

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Idk it seems smart to me. Btc already crashed, stocks haven't even started. Night as well put your momey in something down 84% that's about to trade on the largest institutions in the world.

>Follow tania on snapchat
>DM her
>"Hey Tania some weirdo keeps putting screenshots form your story online"
>Her: Hmmm lemme check who it is since I get a notification when someone screenshots my story
>Op gets doxxed and embarrassed by someone he probably knows

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Then the boomers figure out you can't transact in precious metals. And then stories come out on the media about Jamaal breaking into their homes to steal gold and murder/rape everyone.

Reminder that gold got justed in the last financial crisis. You want cash.

This

based and utterly redpilled

Did you read my post at all you dumbass?

Literally nobody owns btc. What percentage of the public owns any btc? Maybe 1-2%.

And you think boomers getting fucked in their portfolios are going to be like OH! I remember hearing about that bitcorn thing! I better go open a coinbase account before I lose it all!

You people are fucking so stupid!

And look... don't get me wrong. I'm not 1,000000% positive btc will go down in a financial calamity. Maybe it will go up some. So I'm not saying it's retarded to have money in btc in part. Button better have a decent amount of gold and silver as well.

If you are expecting a collapse and you are putting all your money in btc in anticapitation then you are literally dumber than a nigger from Madagascar who digs up his dead family members once a year to dance with them

Lmao i looked her up. Theres only one and if this aint her she bout to be blown the fuk up

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It's not about transacting in precious metals even tho you can if there's temporary social collapse.

It's about protecting your wealth for when the new currency is introduced.

Also...... are you people fucking stupid? You think it's only possible to transact in worthless fiat paper? And that you can't transact in metals?

Gold didn't get justed. The dollar value of gold means nothing. Did gold all of a sudden become valuable when America was born and the dollar was created? No it didn't. Gold has been money for milennia.... doesn't matter if the dollar exists or not.

Also... it was gold that gave value to the dollar numbnuts. So why would you be valuing gold in terms of fiat?

Gold is for the new currency. That's when you "make it" with gold. The new currency didn't come in 2008

Yeah the one thot I found on tinder who's name is Tania is the one out of probably a million tanias on snapchat who's user name is Tania. You fucking idiot

Everything will go down prior to the next crash as funds prepare for QT. Then banks will liquidate boomers make cash more valuable. Funds will buy back in when boomers, seeing their cash turned into worthless bonds, panic sell their stocks and real estate. Then defaults will come and things will collapse.

Zoomers have nothing to liquidate. They might well draw flailing boomers into crypto while funds create another bull run to bait their hopeless asses.

Exactly. Wait until they're getting obliterated, and they see btc is bullish and going up up up. We will see fomo buying that makes 2017 look like a little blip.

And they won't have to open a Coinbase account you absolute dummy. It's going to trade on Fidelity, td ameritrade, NY stock exchange, Bakkt... It's a matter of selling their worthless stocks and buying btc on the same platform

Your a fucking retard. Stocks crashing and burning and the dollar imploding will be a overall economic calamity. Just because people put money in bitcorns isn't going to make everything ok economic wise.

If ecehine in America started cashing out 50% of their stocks and put it all into bitcoin that isn't going to save people because the economy will be melting down. Just because you have your money in some imaginary shitcoin isn't going to unfuck the economy which led people to buy btc in the first place

Ok fine.... but they are still imaginary shitcoins. If the economy is melting down because the economy is fucked. Just because you put your money in btc isn't going to make things economically better.

Enjoy having your gold and silver confiscated FDR style boomer

Stocks are different that bitcoins. When you buy a stock you are promoting productivity. Which helps the economy. Putting your money in bitcoin doesn't die shit to help shit

Its not even about helping the economy, it's about helping yourself.

That's what guns are for you un-American French faggot pussy.

Helping yourself buy throwing your money in a ponzu scheme?

It might not workout, but as a Zoomer, I'm willing to take the risk. I woudlnt advice my parents to do it, unless it really looks like it could workout.. I'd rather they just sit in cash so they can buy property and everything else for 60% off

You make your bets, and I make mine.
Here is what's gonna happen - we're going into a deep recession, no matter what they do to the interest rates because there is little organic growth in the economy. All we've been doing is reshuffling QE money and that is long gone.

Fiat will be sharply devalued. Basic groceries, insurance, health services will hold. Real estate will shit the bed again. Crypto (BTC, ETH and XMR) is where smart money will retreat. If you play your cards right in 2019, you can be set for life.

Lol quality
Fukkin saved

Very badass

The next collapse is going to be a currency crisis. As in hyperinflation. Cash will be worthless.

I can actually understand you zoomers being deluded into thinking bitcoin will be a savior. I get it... your all into muh tech.

But what I will never understand is being anti-gold. It's pure delusion.

You have a literal dry run in Venezuela where their cash is fuckknf worthless now. And you idiots are more than willing to keep your wealth in worthless paper cash? And not gold and silver?

I own crypto. It isn't all or nothing gold or bitcoin. How fucking retarded and brainwashed are you morons to not have gold and silver too?

Your basically betting your well being on fucking bitcorns? And I'm not saying cash it all our and buy gold. But your fucming retarded and deluded to not have a little bit of gold a time tested store of value

>imagine being this insecure

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If you're preparing for a SHTF scenario you're better off stocking whisky and other hard spirits. Read up the blogs on collapse in Argentina and Yugoslavia, your gold/silver would get you killed. Alcohol becomes the de facto medium of exchange.

I do not believe we are heading toward a mad Max type of collapse however

Logic isn't your strong suit right?

So..... don't buy gold and silver because it will get you killed?

You literally just made a better argument for owning gold than I have in this entire thread.

Obviously if someone is willing to kill you for your gold obviously it's valuable!

And if people are willing to kill for it that means if you don't have any you are more or less fucked. Otherwise people wouldn't be trying to kill you for it.

Of course whiskey and ammo or whatever is beneficial to have in a collaps but whiskey doesn't protect your wealth pal. Whiskey is for drinking and gold is to protect your wealth. They have different uses.

Can't tell if genuine Boomer or paid Glow-in-the-dark CIA nigger sweating at the thought of his entire 401k collapsing and a bunch of NEETs getting rich off Chainlink and tearing apart his ridiculous job

Pizzagate was real folks

Few points...

1. Boomers don't own gold. You have to go back 70 years at least when actual educated Americans all knew gold was money.

2. You think I didn't cash out my 401k for gold already? 401ks are scams. You think companies and the govt promote 401ks for the little guys benefit? If you cash out a 401k there's a 50% penalty proving they arw scams and literally every normie is in one. Which means it's fucked since everyone just thinks they will have it for their retirement.

3. I'm in chainlink and that's is much different hasn't bitcoin

>Putting your money in bitcoin doesn't die shit to help shit
In fact it is making things worse using up non renewable energy sources , jacking prices on PC parts etc. Shitcoins are actually a detriment

Who cares if it benefits the one who matters most, you and your family (assuming it doesn't die)

You do realise there are apps on android that let you screenshot snaps and even videos without the notification? Snapsaver is one I use, serves me very well ;)

nothing is going to collapse because people need to eat, nig nog.

yeah I'm sure when boomers lose 50% of their money they're going to go out and buy a bunch of useless rocks

Pfffft okay

If I want gold shit I'll go to Party City and buy costume jewelry. Enough with your meme metal currency faggot. Unless you own a battery factory gold its just heavy chrome yellow bullshit that wastes mining rig space

fucking gay retard

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Yeah I can really see my grandma pulling out her gold bars to pay for chicken breast, potatoes, and paper towels when SHTF

You people make doomsday preppers look sane