The other ~93% of "use cases" for gold literally boil down to "ooooo shiny... oooo he got some, oooo i like that and i want some too... hehe ooooo 'preftigiouf' to own... ooooooo might go up in value!!!... hehehe ooooo...." birdbrained bullshit.

https://geology.com/minerals/gold/uses-of-gold.shtml

But only a total moron would suggest that the human psychology at play vis-a-vis gold (which made it "valuable" in the first place and has now kept it "valuable" for millennia) could possibly end up also applying to BTC. I mean, that's just crazy talk -- you have to understand that unlike gold, BTC has no real "use case" in the real world and it's only "valuable" because a bunch of people around the world have collectively decided that they all want to own it for some random reason even though it doesn't really "do" anything useful. That sort of phenomenon simply can't be sustainable in the long run, it's unprecedented in the history of human civilization! Plus, I mean, this whole "living a digital life" thing, I think it's just another fad, personally... imagine thinking that "internet money" is going to be here to stay, our kids are probably look back on this stuff like pet rocks and laugh at us...

*blank stare, drools a little*

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585006)

got it

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585046)

CR! I hear that Gold has a LOT of "real world uses" which give it an "intrinsic value" that extends well beyond "quirks of human psychology make a bunch of people all want to own some of it for random reasons" (which is the weird dynamic that we have seen happen with BTC).

Can you list a few of them, btw? I hear you're a really smart Jewish guy.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585048)

Gold is a good reflector of electromagnetic radiation such as infrared and visible light, as well as radio waves. It is used for the protective coatings on many artificial satellites, in infrared protective faceplates in thermal-protection suits and astronauts' helmets, and in electronic warfare planes such as the EA-6B Prowler.

bitcoin? bitcoin doesn't even post

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585184)

Wow, sounds like gold is a VERY USEFUL METAL! No wonder it's so VALUABLE, it's VALUABLE because it has a LOT of industrial uses and it is in HIGH DEMAND by INDUSTRY for those PURPOSES!

So uh... what % of the known gold supply circulating in the world today is actually being used for those many industrial purposes for which gold is in high demand and from which it therefore presumably derives its high value as a material, do you think?

(Assume that I, too, have already Googled this.)

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585497)

i said it has intrinsic value, unlike bitcoin

it has unique properties, unlike bitcoin

it will eventually be used to help humans leave earth, unlike bitcoin

so far, you've made no defense of bitcoin's value. wonder why?

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585650)

"Gold has intrinsic value because lots of people want to own it because they simply like owning gold, dumbass. That's calling having 'intrinsic value' and it makes gold totally different from BTC in a fundamental way. Also, someday, gold will eventually be used to 'help humans leave earth.' No, I'm not taking any further questions on that last part, but just trust me, I know these things, OK?"

Oh wow jeez well I mean I admit that I didn't know we were going to gold to 'leave earth' at some point, OK that changes everything

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585737)

the fact that gold has technological uses only establishes that there is some floor to the price of gold. considering only 7% of gold is used this way means that while BTC may lose 100% of it's value gold could *only* lose like 93%. wow!

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585940)

that's not how value of something like gold works, though

$1,500 per ounce value for cosmetic and art

$10,000 per ounce value for certain industrial uses

price equals $1,500 because there are so many fewer industrial uses worth $10,000

however, there could be far more industrial uses if gold were at $700 per ounce and not $1,500 so the floor could be far higher than 7%

and the 7% is not really related to the floor value even if there are no other uses, either, but that's not worth getting into

tldr, you don't understand how valuation and an asset's floor are determined. neither does tbf.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586132)

(Brilliant Jewish guy who singularly understands that the TRUE value of gold actually lies in the fact that it's apparently somehow going to "get humans off of earth someday")

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586190)

bitcoin is scarce, but it's really not because its scarcity can be overcome by a "/" sign

in fact, those elements are probably more comparable to bitcoin because scarcity, a factor in valuation, does not apply to them or bitcoin, but does to gold

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586580)

Yeah but "getting humans off of earth" isn't one of those technical uses you stupid faggot, trust me, I know these things, I am a genius and an expert on the internet!

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586859)

we are discussing how the price of gold is affected by it's intrinsic value in technological uses. i said that because gold has technological uses that sets a floor on it's asset price. you just explained that if the price of gold drops it could be used in more technological uses. which is completely irrelevant to what we're discussing. and a complete "no fucking shit" obvious point that only you would think needs to be explained.

OBVIOUSLY how much gold is being used in tech can fluctuate. the whole reason it's used at all today despite the high price is that it HAS to be for certain things. most of those things have to do with electronics, which didn't exist 100 years ago. no one thinks that the 7% use rate is static, you retard. some miracle tech that requires gold could be developed and gold bullion and jewelry could be banned, and then 100% of the gold would be used for that. or something that could be developed that is a suitable replacement for gold, and then gold's industrial use would plummet. this exact thing has happened countless times with tons of other resources.

what i'm saying is that because gold has *SOME* intrinsic value that means that a floor *EXISTS*. but that has *VERY LITTLE* to do with the price of gold today. if suddenly a massive lode of gold was discovered and the word's supply increased 100x, we'd be using it for indoor wiring instead of copper.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586226)

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586550)

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586701)

How about "Zionist and retard"?

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586860)

It's absolutely a "real world use," the nature of which can be boiled down to "ooooo i like that thing just because i like it, oooo he has some of it i want some too, oooo other people want this and it is therefore 'preftigiouf' to own some so I should get some, ooooo."

Sort of like BTC, in that sense.

Odd case.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585501)

unless you're dressing like diogenes you too must admit that "real world use" does not end at "basic functionality".

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585511)

Lithium is valuable because it actually does have a tremendous amount and variety of industrial use cases and many products that actually do things that people want products to do (and for which people are willing to pay) cannot exist without Lithium.

By contrast, Gold is valuable simply because lots of people want to own some physical gold. Period, that's the full statement.

BTC is valuable because...

The only distinguishing factor betwen gold and BTC in this regard is that gold has a long and proven track record of holding human interest over generations and across cultures, and BTC doesn't. Some people find that to be a compelling reason to say "therefore you can't compare gold with BTC as a value store." I disagree, for the same reason that I think we can and should feel free to compare the Internet with the moveable printing press as a means of disseminating information across society (and the fact that the Internet has only really been in use for 20 years doesn't mean shit in terms of it's likely longevity and importance moving forward).

But to each their own.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585528)

LJL at this sophistry

"Ackkkkshually a lot of gold is used in JEWELRY (aka a purely decorative way of wearing something that people simply want to own because they like owning it and for no other actual reason), so that's a FUNCTIONAL USE and as such it's TOTALLY DIFFERENT from just owning something because you want to own it!"

Oh wow, well I mean when you put it like that, I guess owning that gold necklace because you like owning something made of gold is totally different from owning part of a BTC because you want to own part of a BTC. I stand corrected, these are clearly totally different things and it would be foolish to compare gold and BTC.

Wow, this level of logic really makes me wonder how Jews ever managed to sell diamond rings made out of one of the most common elements on Earth to retarded goys at 1000000% mark up.

*blank stare*

PS: You're not even fucking right on the numbers, you self-impressed dipshit. In reality, ~40% of gold is held as *bullion* -- meaning it isn't even being worn around town, it's literally just sitting around gathering dust in people's vaults or closets (because they simply want to own physical gold and for literally no other reason at all). Refer to the chart linked in the OP.

HTFH.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585712)

the vast majority of gold is bought for jewelry, which will always sell for more than the value of the gold. gold is the exact opposite of crypto. people buy it knowing it costs more than the sum of it's parts, and often it's sentimental and they *never* hope to sell it.

crypto, on the other hand, is purchased purely for speculation. people buy it hoping that the price goes up. that's it. no one cares about "owning it" beyond it representing their wealth. very few people every hope or intend to use is as a currency. fuck, these days hardly anyone knows *how* to do a bitcoin transaction. they buy it and hold it on very secure exchanges such as ftx.us.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585740)

LJL OK I stand corrected, gold has tons of "intrinsic value" that definitely ISN'T just "people want to own gold because they like owning gold" and also that "intrinsic value" makes people wanting to own gold because they like owning gold totally different from people wanting to own BTC because they like owning BTC (which doesn't give BTC any "intrinsic value," to be clear, since BTC has no "intrinsic value" unlike gold which does have an "intrinsic value" as explained above).

Wow it's all so clear now.

Anyway, glad you guys can see this issue clearly and realize that the whole "BTC is digital gold and will become a longterm value store" argument is just bullshit because these are totally different things that serve totally different purposes in the human psyche, whew must feel good to be "right" about this issue and not a gullible retard who bought into a dumb scam involving something with no "intrinsic value" (unlike gold, which has tremendous "intrinsic value," once again see the clear explanation provided above if you're still confused).

Anyways, gotta go... congrats again on being "right"!

https://www.youtube.com/watch?v=79UeIp3ngjk&ab_channel=Aleksandr

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585745)

as far as gold for investment i'd agree it's the same as crypto. people might have different theories on *why* it'll grow or hold it's value. and gold having practical uses in industry and consumer goods is a good argument. but i don't think people with gold coins are ever expecting them to be turned into jewelry. they're doing the same thing as people do with crypto -- buying an asset that they never expect will be used for a practical purpose in the hopes that it maintains it's value or increases.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585768)

And all I'm saying is that when >90% of the current "use case" of a metal boils down to "I like owning pieces of this metal because I like owning pieces of this metal for the sake of owning those pieces of this metal especially since a lot of other people also seem to like owning pieces of this metal (and also I obviously hope that my pieces of this metal will go up in value in the future as measured by their purchasing power vis-a-vis other goods and services)," that sure sounds to me a lot like the "use case" for holding BTC... but clearly I'm deeply confused about some fundamental things on this topic, so oh well.

Also per sealclubber above, apparently we're going to use gold "to help humans leave earth" at some point, so admittedly that's news to me and also a pretty important practical upcoming real world use case for gold. True if big! I learn something major from the "big brains" on XO every day!

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585778)

they like owning it they think it looks nice to wear. and, before you go dismissing that as some sort of invalid use, i'll point out again that unless you're living like diogenes you have certainly purchased many goods in part because of the ornamentation.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585803)

Don't worry, I have a feeling we'll innovate precisely this "use case" for BTC in the very near future! Frankly it's hard to imagine society *not* taking this turn at some point soon:

http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585800

And then, if and when this happens, we will be able to agree that BTC will be functionally serving the same purposes as physical gold in >90% of their respective "use cases"... right?

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585813)

"78% of gold is consumed for jewelry"

Again, this is just... wrong. Where are you getting this from? Per the chart I linked in the OP, a whopping ~40% of the "use case" for gold lies in simply holding it in bullion form, meaning it's just sitting in a closet somewhere collecting dust (sort of like BTCs sitting on a cold wallet in a bank vault collecting metaphorical dust...).

And if we stop pretending that "jewelry" means anything in this context other than "I want to own gold because I like gold and other people like gold, and I have figured out a way to flash it around instead of leaving it sitting in a closet," this use case of gold jumps up past 90%.

I look forward to the day when Jewish "digital jewelers" find a way to allow rappers to ostentatiously and visibly display the current balance of their BTC holdings in some sort of diamond-encrusted digital pendant that they can hang around their necks. (Does anyone actually doubt that that will happen in the next 10-20 years?) Then, at last, BTC will finally have found a REAL AND LEGITIMATE USE CASE -- just like gold!

(LJL)

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585800)

My source says that 78% of gold is currently used to make jewelry?

Are you referring to the same source I linked to in the OP that says (verbatim quote):

"Global Gold Consumption by End Use: This pie chart shows the primary uses of gold during 2022. They were: jewelry manufacturing (47%); bullion (gold bars and ingots) (37%)..."

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585808)

my point has just been that considering only the industrial use of gold as it's "use" is misleading.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585816)

OK but we can agree on this, right?

http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585813

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585818)

but yes that would be very 180 and i'm surprised some cryptobro *hasn't* invented a device encrusted in gold and diamonds that displays the value of the crypto portfolio updated in real time. in fact, it seems like something like that would be pretty easy to make...

i wonder how many shkreli-types there are out there that would buy a 22k diamond encrusted flava-flav clock that does this?

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585830)

I would bet obscene amount of money that we'll be seeing "BTC display pendants" and all similar manner of ostentatious faggotry in the next decade -- and I am already looking forward to watching the army of bitter-yet-oddly-smug middle-aged BTC Skeptics(TM) who missed the boat on BTC and continue to harbor deep-seated resentment over the whole thing increasingly tie themselves into angry little knots "explaining" to me how ackkkkkkkkkkkkkkkkkkkkshually I'm a "fucking retard" who is "just pushing the same pathetic sophistry as always" when I trenchantly point out that these pendants will be serving exactly the same social function (aka fulfilling exactly the same "use case") as gold jewelry.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585841)

It's literally and unironically inevitable just as long as the global power grid doesn't fail and plunge us back into the Dark Ages, and it truly amazes me that more people don't see this development coming from a mile away. I'm fucking retarded, and yet apparently I still have more farsighted vision about this topic than the vast majority of "smart" people that I encounter.

(This is also Sam Hyde's point in the link above, and he is 100000% correct.)

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585854)

and yeah, he's right, obviously.

the people that think crypto will go to 0 anytime soon because it has no use are just retarded when you consider the 15 years. i mean, maybe it will, but it's proven it can continue to grow a lot over a long term despite what "real use" people think it has.

also, these people then go around and invest their money in negative profit fart apps IPOing so PE can cash out. this is literally a legal exit scam. but, uh, yeah, "LYFT" which debuted at a $25b valuation, never made a profit, doesn't own any cars, etc. has way more INTRINSIC VALUE than BTC for REASONS.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585897)

Goldmos ITT: "Yes, of course. It's simple. Gold has intrinsic value because tons of people all across the world simply want to own it, in fact they've wanted to own it for thousands of years now!"

Me: "Wait, but then using that logic, doesn't BTC also have 'intrinsic value' since tons of people all across the world simply want to ow--"

Goldmos ITT: "No, that's totally different for reasons that are so obvious that I won't even bother to explain further because any retard can immediately grasp the fundamental distinction. PS: Fuck you, you gullible retard, your stupid internet coins are worthless and they're going to zero any day now. Faggot."

Me: "Haha wow holy shit"

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585993)

TWIST: Actually, you can very easily buy fiat currency with BTC, and in fact you can actually buy more and more fiat currency with less and less BTC as the years go on. It's kind of amazing!

Do you enjoy exchanging things that you originally bought using relatively small sums of fiat currency for much larger sums of fiat currency down the line? Then guess what -- you might enjoy buying and holding BTC. ;)

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586133)

people invest in good as a hedge against fiat collapse because it's the most likely thing we would return to if that happened. if crypto took off as a means of exchange it almost certainly wouldn't be through BTC.

im not saying any of this means bitcoin will collapse. only that it's price does not derive from a hope that'll someday be used as a currency.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585221)

Almost no one actually regularly uses gold as a day-to-day currency in 2024, and the idea that people who buy gold bullion in 2024 are doing so because they plan to "use it as a currency" (as opposed to holding it for speculative investment purposes or as a hedge against inflation and economic collapse) is laughable.

Again, sort of like BTC, in that sense.

Odd case, yet again.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585506)

right?

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585514)

If by "intrinsic value" you mean "lots of people around the world want to own some simply because they want to own some," then yes in fact it does. Thanks for asking.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585539)

also you need electricity, internet, etc, to “own” it

Lmao

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585570)

Oh wow, OK so that's "not it."

Can you explain further?

And now I've earned a "Lmao" -- this thread is turning ugly for me fast.

*blank stare&*

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585724)

whether bitcoin has actually functioned as a better hedge is irrelevant. i'm just saying you're argument comparing bitcoin to gold in this way is flimsy. bitcoin will go up or down based on whether more people will buy bitcoin. these days absolutely no one is buying bitcoin because they think it'll actually be used for anything. and they're not buying it for aesthetic reasons or clout.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585543)

Now inventory the use cases of BTC.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585649)

Here's the most charitable reading for the "use case" for ~40% of gold out there (see the chart in OP):

"Bullion" = "I own raw pure gold (not gold in the form of a decorative necklace that I wear around town or something, literally just pure gold in the form of a bar or a round or whatever) simply because I want to own physical gold and have it sit around in my vault or in a safe in my closet or whatever, presumably because I hope it will go up in value over the long term and/or act as a hedge against inflation."

Can you differentiate this "use case" for holding gold bullion (aka 40% of the current use for gold as a metal) and the "use case" for holding BTC in 2024?

Please explain to me how these are totally different things, because I'm just a dumb faggot so I'd love to hear the big brained take on this topic from a really smart lawyer who knows things and definitely doesn't make insanely stupid life decisions on a regular basis.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585720)

CR, indisputably and any day now. Just wait two weeks.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585755)

The answer might SURPRISE you!

(At least, acccording to the middle-aged BTC-hating gold maxmos who insist that hoarding dusty bullion bars in a safe in your closet and flashing gold Cuban links chains in "da club" is toooooooooooooooooooooooootally different from keeping a bunch of BTCs in cold storage on a thumb drive in your closet and the forthcoming "BTC Display Pendants" that 25 year old rappers will undoubtedly be sporting around their necks by 2035.)

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585974)

In this subthread: You are literally every collector in the world impatiently explaining why *their* preferred brand of collecting makes sense and is logical because the stuff *they* enjoy collecting is just objectively cool and awesome, but some other guy's collecting area of interest is just kind of weird and doesn't really make that much sense, what's the appeal, "idk those guys are kind of weird," etc.

"Look bro, I'm sure you can understand why people like me spend tons of money on fine art -- it's beautiful, you can hang it on a wall, all that stuff. It's pretty straightforward. But, like, collecting autograph historical documents? I mean, idk man, honestly most of them aren't much to look at even if you frame 'em... and realistically, what are you even gonna do, keep those letters in a binder or something and pull it out to look at them once in a while?... Idk, that just doesn't make sense to me..."

Or switch it out for NFTs... or modern first editions... or antique pottery.... or baseball cards... or high end watches... or old stamps... or vinyl records... or bicycles... or rare coins....... or...........

"But that's totally different for reasons!" bellowed every narcissistic collectorcuck ever in frustration because people who didn't happen to share their interests couldn't understand that THEIR completely subjective preferences were BETTER.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586202)

"No, trust me, it really IS different. I'm telling you, this isn't just about my subjective taste or something like that, it's just a FACT that nobody *actually* just enjoys hoarding money, or hoarding crypto stacks, or buying 'NFTs' simply because they want to build 'a collection', or..."

*stamps foot angrily*

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586276)

Wait until you learn about "diamonds" ;)

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47585979)

some things are valued only based on their intrinsic value. some aren't. while google and apple own a lot of office equipment and other physical objects, that's not primarily where their value derives from.

bitcoin is probably most like expensive art. art has next to 0 intrinsic value. it's value doesn't significantly derive from it's "use" considering you could get a convincingly reproduction for a fraction of the price (which is often what people do so they can safely store the actual art away, never to actually be "used.") it's purchased as a store of wealth and as a speculative investment. just like crypto various artists rise and plummet in value. just like crypto it is often used to hide and protect wealth. just like crypto it's value is completely based on the demand for that particular artist or work. just like crypto the supply is often permanently finite (shrinking, actually, as the supply from dead artists can only go down).

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586058)

The "value" of many of the most valuable objects on Earth arise entirely from "a lot of people with spare money to burn would love to own [X] because they think it's an awesome and cool and amazing thing," even though [X] doesn't actually "do" anything or serve any identifiable practical purpose whatsoever.

The original Declaration of Independence is just a brittle old faded piece of paper with some ink splots scratched out on it, and as such its material value is basically zero. In 2024, it also has basically no "unique" characteristics (re the information embedded with it as an object) that can't be readily duplicated and disseminated very easy to anyone who wants to possess them in the form of a highly quality digital scan. From a purely utilitarian and functional perspective, it certainly isn't worth the expense of the fancy case that it is preserved in, and it's objectively ridiculous that our country has spent so much money manufacturing that case in the first place.

...and yet despite all of that, only a true retard would actually argue that it's anything other than "priceless" in the most literal sense of that word (meaning that it would command a mind-boggling price if it ever hit the open market again, which it won't because it's obviously far too valuable to be made available for private ownership by any one individual now or in the future).

Somehow people are capable of grasping that abstract concept as it applies to the intersection of human psychology and that dirty old scrap of paper, but their brains short circuit if you try to explain that the same fundamental quirk of human psychology is also why a BTC is currently north of $50k and will probably end up being worth >$1,000,000 within our lifetimes. "B-B-BUT BTC DOESN'T EVEN SERVE ANY USEFUL PURPOSE... THIS MAKES ABSOLUTELY NO SENSE... IT MUST JUST BE A TOTAL SCAM!!!!" they scream as they happily shell out $15 for an entrance ticket to go look at all of the art hanging up on the walls of the Louvre which is already readily available to them to enjoy for free in beautiful high resolution scans at home on their computer screen with the click of a button. "NFTS ARE JUST GLORIFIED JPEGS... WHY CAN'T PEOPLE THINK LOGICALLY ABOUT THIS SHIT?!!"

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586087)

now everyday the magnitude of the fraud and lies of this nightmare kike casino world smack us in the face. it's terrifying for people to accept that *EVERYTHING* is based on fraud and lies, and that the stability of our system is based solely on faith.

crypto is a constant existential reminder that the whole system is bullshit. it just *can't be.* you can't have a "digital asset" that has almost no use case and no intrinsic value go from $1 to $50k in 15 years! you just *can't*! because if that's true, then there is no "reality" when it comes to finance or our system at all! and even though for 15 years they've been able to *observe* the *actual reality*, they continue to rely on rat-faced experts who are smart and have everything under control.

it just can't happen! and because it has, it can't last! just wait two weeks!!

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586166)

I literally chuckle out loud every single time I see A LOGICAL AND RATIONAL AND HIGHLY-EDUCATED NOCOINER ("Sorry, champ, but I don't believe in gambling with fake Jewish internet ones and zeros that don't actually have any tangible basis in reality it's just a personal thing call me crazy") turn around and try to calmly but firmly explain that yes, actually, in fact, their brilliant decision to invest in the 2024 American Stonk Market really is "totally different" than buying and holding crypto because investing in the stonk market is the intelligent and sane adult thing to do with your hard-earned fiat currency, OK?! Unlike crypto, stonks are truly based in REAL WORLD ECONOMICS, and the Financial Experts(TM) all agree that the science on this point is settled!!!

Lmao haha yeah haha... anyway, thanks for the laffs stonkmos ;)

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586180)

but, yeah, lisp about me more about this "bitcoin" stuff lmao. i heard one of the exchanges went down recently, lol. meanwhile it's been like 15 years since our financial system almost collapsed and the worst that has happened since then is the collapse of a handful of regional banks.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586249)

*farts cum and giggles gayly like a faggot*

"Oh noooooo -- looks like another bad, uh, 'earnings report' for Ethereum came down today... idk, maybe Solana's 'widget production' has somehow slowed down 15% since last night?! Teehee! ;) ;) ;)"

*smugly adjusts fake horn-rimmed Warby Parker glasses and vibrating buttplug, goes back to dutifully checking stonk prices like a good boy*

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586251)

hey, they know tech, you know finance. and finance is a *kind* of science!

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586284)

(Genius)

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586172)

to be fair said industrial use for a reason.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586589)

go fuck yourself nigger

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586640)

you probably don't want a poll here.

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586705)

you're sucking off your heeb friend here

pathetic behavior from an even more pathetic group of "people"

(http://www.autoadmit.com/thread.php?thread_id=5517972&forum_id=2#47586713)