Why do Jews hate Bitcoin and do everything in their power to destroy it?

>being this delusional
I guess every other currency in the world is volatile too eh?

>Any economy based on it definitely can.
Because it is centralized, yes. Also, a new superior economy will raise once the old one collapses as it has been with every centralized institution. Once the base of the pyramid cannot hold, it's over. A new pyramid is built.

>Because it is centralized, yes.
An economy based on a decentralized currency is more prone to crashes. It has higher highs and lower lows.
>a new superior economy will raise once the old one collapses as it has been with every centralized institution.
The centralized systems we have now exist because of failures of decentralized systems.

>Bitcoin cannot collapse once it is adopted.
That is false. Have you missed the news where bitcoin fell 84% in a single year. What would happen if during a mania phase a country starts to use bitcoin? The economy would suddenly fall 84% in a year. If bitcoin is better than the banks, which its not, it will be taken down by the nezt big thing. Noone knows how far away the next innovation is.

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>An economy based on a decentralized currency is more prone to crashes. It has higher highs and lower lows.
A fiat economy is 99% manipulated and all crashes and rises are simulated. The economy does not reflect reality. Why would there be a great depression if there are resources to sustain the entire country? Paying back insuperable debt is not within my range of autism to understand.
>The centralized systems we have now exist because of failures of decentralized systems.
There were no international decentralized systems besides language before.

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Fiat is stable. Wtf are you talking about. Eggs are always the same price when i walk into the supermarket no matter what is happening. My xbox games are all 60 bucks for over a decade

>A fiat economy is 99% manipulated and all crashes and rises are simulated.
I'm glad to see that you can pull numbers and claims straight our of your ass.
>Why would there be a great depression if there are resources to sustain the entire country?
The great depression is an infamous example of a Fed blunder (it kept money too tight), but it learned from its mistakes. Now I'm not going to sit here and tell you that the Fed and other centralized institutions are perfect. They are not. However, they are better than what we had before.
>Paying back insuperable debt
National debt is a result of spending exceeding revenue, and can definitely exist with a decentralized currency.
>There were no international decentralized systems
I like how you just slipped international into there as if it was relevant. If anything, trying to create a monetary union across countries with vastly different fiscal policies and economic strengths just makes things worse.

>"Dumpster fire/garbage"
>"Shit"
>Nothing but scatological rhetoric
*Hand rubbing intensifies*
/thread

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Fiat is manipulated because stability does not reflect reality. It's good that you see prices being the same, right? What if I told you that the US is in a golden age? Your prices should be divided or your wage multiplied. Now that just sounds like you're being ripped off.
>I'm glad to see that you can pull numbers and claims straight our of your ass.
Almost all statistics are pulled out of asses. Anecdotal evidence is empirical. Logical claims are powerful. Logically the central bank is responsible for allocating all the money in the world. Why wouldn't it be in at least partial control of all the money in the world? To whom is the impossible to repay debt repaid?
>The great depression is an infamous example of a Fed blunder...
So is the current economy and all other economies under the Fed.
>National debt is a result of spending exceeding revenue, and can definitely exist with a decentralized currency.
Exceeding debt exists as neverending debt because it can never be fully repaid. It could exist as repayable debt. It could entierly be replaced by a Bitcoin standard economy. Hopefully the latter because it could be treated as gold or even more valuable.

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>why do jews hate something that will free the goyim

It's altruism, they don't want to see ordinary people loosing all there money..

How do Jews constatnly make the victim face?
How can you be worth billions and still make that fucking face? are jewish termites taught this at birth or something?

>Almost all statistics are pulled out of asses.
Okey dokey.
>To whom is the impossible to repay debt repaid?
The holders of said debt, which are various institutions and private individuals, including myself.
>So is the current economy and all other economies under the Fed.
Yes, the economies responsible for the greatest standard of living in human history is clearly a blunder.
>Exceeding debt exists as neverending debt because it can never be fully repaid.
Government decides to cut spending / raise taxes such that it now has a budget surplus. What happens?
>It could entierly be replaced by a Bitcoin standard economy.
I'm not saying that you couldn't make an economy based on Bitcoin, I'm saying that such an economy would be terrible and collapse.
>Hopefully the latter because it could be treated as gold or even more valuable.
We and everyone else abandoned gold as money for a reason.

It wouldn't be volatile if it was actually used as a medium of exchange (adopted).

It's unsuitable technology for being a medium of exchange though, so it doesn't really matter.

I agree that it wouldn't be as hilariously volatile as it is now, but without a regulatory body it would still be more volatile than, say, USD.

>>>/buttcoin/

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If the economy was based on Bitcoin the volatility would be extremely reduced because mass adoption would mean a significantly higher market cap. Billion dollars up or down would only translate to maybe a 1 cent difference.

Imagine being so evil and cynical that you tell your plans to everyone.
Well, they actually tamed Bitcoin after all.

I told you that I agree, but it would still be more volatile than something that is regulated to reduce volatility, like how the dollar was more volatile before the creation of the Fed.

>killing the goose laying golden eggs
Oh boy, you got it all wrong. They want the goose and the eggs. Then sell you papers that gives ownership of part of an eggshell,for a commission.

why do jews jew?

HURRF DURF DURRR ITS DA JEWS

sage

How do you even manage to use the internet with an IQ of 35?

>Yes, the economies responsible for the greatest standard of living in human history is clearly a blunder.
Debt leads to overconsumption. Overconsumption is an economy based on scarcity. The greatest standard of living can be achieved by better economies. The top economical contributors to a great standard of living are surely against planned obsolescence which wastes resources. Most of the population are still sophists and their career is based on it. Just look at any rap video. A lot of the time we make it seem like it is good, but surely it could be better. If we compare our current condition to that of past growth we may find that people could enjoy their lives more because the cost of living was lower and their wages were higher. Even if they did not have all of today's science, their society was generally in a time of greater prosperity which is not the case for most people today.
In sum, our current model of economy could be better once we get rid of debt and enjoy better times for everyone.
>Government decides to cut spending / raise taxes such that it now has a budget surplus. What happens?
It pays the interest on its debt. Does this interest rate ever grow negative? Therefore it is impossible to repay completely.
>We and everyone else abandoned gold as money for a reason.
Is it because the gold supply grows slowly? Being limited in resources is what we as a whole have to deal with. Sad reality.

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