/biz/ - Business & Finance

>>6071486
>ancaps are even dumber than nazis so checks out
I am actually high IQ as fuck, I got it checked. This is because I am 10% jewish. I am also blessed with business prowess because of it.

Why are you on /biz/ if you are a leftist?

>>5966660
>Once all the money flows out of crypto back into equities and commodities, this board will be awash with tears.
Simultaneously hopeful and delusional.

Seek help. Crypto is bulletproof. They won't ban it because it'll be way more work than it's worth to prosecute and deal with. They will figure out how to utilize it to their benefit.

Sorry kid but you can literally write a smart contract (on Ethereum, Neo, DragonChain, any smart contract system) that emulates exactly what a stock with dividends would do. And that's obviously only one tiny, small, miniscule fraction of what is capable. So crypto is just a better vehicle for creating assets and transferring wealth than anything ever.

Get with the times or stay poor.

>((Regulated))

>>5909197
>Not understanding at all
t. believer in fiat

Age: 30
Salary: $133k/yr
Crypto NW: $50k
Total NW: $325k

I'm from Chile and I started trading cryptocurrencies some months ago, using the exchange SurBTC. There's a blog in the page's exchange where the devs post about different topics, one being the blockade done by all chilean banks during 2016 to the exchange, where (they) simple refused to allow any deposits from user's bank accounts to the exchange.
Like, if you tried to make a transfer from X bank to the exchange you simply couldn't. It started with 1 bank, then 2, and then almost every major bank in the country wasn't allowing deposits.
>“All of our business was being terribly affected and we did not know what to do. We were the perfect example of buying eggs, always going and coming away empty-handed. We begin to lose customers per hour. The problem is that it was no longer a 30% market share loss, but about 70%,” Guillermo Torrealba CEO of SurBTC wrote.
Here you can read the story:
(english)
https://news.bitcoin.com/story-chilean-bitcoin-exchange-lost-70-customers-due-santander-bank-blockade/
(spanish)
https://blog.surbtc.com/c%C3%B3mo-el-banco-santander-puede-matar-a-tu-pyme-25b94f4b0a1e

Right now it looks like the issue is resolved, because, like I said, this year I was able to make deposits to the exchange without a problem. But I'm sharing this to show you how much cryptocurrencies scares the banks, and how (they) would (shut it down) if they could.

it's not bitcoin's fault that usd is devaluing piece of shit

>can't go lower
just wait and see

Age: 30
Salary: $153k/yr
Occupation: Software engineer

Age: 33
Income $163k/yr
Occupation: Software engineer