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lol they're gonna sell the Fort Knox gold to buy bitcoins
(finance.yahoo.com)
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this post was submitted on 25 Mar 2025
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Buttcoin
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A community for hurling ordure at cryptocurrency/blockchain dweebs of all sorts. We are only here for debate as long as it amuses us. Meme stocks are also on topic.
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when did we get goldbugs here
bitcoin is more stupid, but goldbugging is not not stupid
🎶 Goldbugger / the man who will bugger gold / his prick is cold 🎶
Do you realize that putting your wealth into commodities and securities instead of a deliberately inflated currency is just basic money management?
And with "securities" not looking too hot right now, that leaves commodities.
(Also it's huge warning sign of a recession in general)
You probably felt really smart when wrtiting that comment, and that's totally normal and valid. Everyone has lapses in reading comprehension sometimes.
Uh huh. Why don't you explain for class what you think the conversation is?
Okay ~~dadd~~professor. Most of us were agreeing that Trump admin trading gold reserves for cryptocoins is a stupid idea. This seems to have attracted people who agreed for the incorrect reason, namely that they think inert yellow metal is the fundamental source and measure of wealth, which David called out. After that it could be one of three things:
a) You misunderstood what David wrote and rudely insinuated he is unfamiliar with the concept of speculative investment.
b) You correctly understood what David wrote and — being a goldbug yourself — took issue with it and proceeded to make the aforementioned rude insinuation.
c) You're flirting with me a bit too aggressively and it's activating my brat instincts, professor~
You're not intellectually ready for college, calm down.
No, I understand what double negatives are and addressed them correctly. You're giving "David," and I doubt very much you're personally familiar with him, credit where it isn't due.
Goldbugs are people who are unreasonably bullish on gold as a value store, just because it's gold.
I am pointing out that it is perfectly reasonable to invest in gold when your government is run by morons both actively attacking the value of the national currency and doing their best to cause a recession. Especially when those morons have a personal financial interest in doing so because all of their wealth is in commodities and securities while their debts are measured in USD.
lol holy shit
Oh dear, please give Mr. Gerard my apologies for assuming first name basis, how impolite of me.
I think calling gold "most stable currency in human history" is pretty buggish, but maybe by the time I'm intellectually ready to go back to college I'll figure out why it isn't.
Sure, investment in gold is reasonable. Particularly compared to most of whatever the hell Trump administration is doing. You said goldbugs are unreasonable yourself, so your initial hostile tone seems misplaced. Most likely you either misunderstood what was said or felt that the remark about goldbugs was meant to include people as reasonable as yourself, even though no one said investing in gold is unreasonable per se.
As for your later hostile tone, that is perfectly understandable because I'm being almost as much of a condescending dick as you are.
Come to think of it, dragon types are know to be big on hoarding gold so I guess it's natural for you to take the issue so personally.
holy fuck what an embarrassing post
hey “David”, this fucking weirdo ~~goldbug~~ gold stockpiling enthusiast says we don’t know you
anyway, I had to dig through way too many of your unending awful posts (please log the fuck off) to find out that the reason why you’re in here posting about gold is because you’re into the other thing weirdo ancaps love:
so how about you fuck off out of buttcoin
Perfect timing, "self", if that really is your name. I was just getting tired of the dirty talk 😇
also make sure you get a 100% gold buttplug and sleep with it in. that way you always have a stash on you in case the left take over the government and storm your house
Gold Buttplug
He's the man
The man with the Midas arse
Pretty girl, beware of his plug of gold
This butt is cold
Do you expect me to walk?
No, Mr. Bond! I expect you to buy!
would you rather have a gram of gold or twenty hamburgers?