/biz/ - Business & Finance

Holding lsk, just fuck me up

>the price of alts inflate and we all get rich
>old grandpa bitcoin finally shits the bed and dies
>have 50 million USD worth of LINK on Binancd
>time to cash out
>can only trade it for now worthless Bitcoin that no one is buying
>can only transfer 1.5 bitcoins for .02 cents each (if someone even buys them) a day to coinbase
>if you want to transfer more you have to send Binance an original copy of your birth certificate, a DNA sample and the deed to your house
>when it’s all said and done, 4 months later, you have all your bitcoin on coinbase but it’s completely worthless and some chinks in Italy stole your identity

>the price of alts inflate and we all get rich
>old grandpa bitcoin finally shits the bed and dies
>have 50 million USD worth of LINK on Binancd
>time to cash out
>can only trade it for now worthless Bitcoin that no one is buying
>can only transfer 1.5 bitcoins for .02 cents each (if someone even buys them) a day to coinbase
>if you want to transfer more you have to send Binance an original copy of your birth certificate, a DNA sample and the deed to your house
>when it’s all said and done, 4 months later, you have all your bitcoin on coinbase but it’s completely worthless and some chinks in Italy stole your identity

>Have a new buisness
>Its a chain my parents own, theres 4 of them
>Buisness is slow as fuck
>food isnt the problem because my parents make 10x what I do in 1 day
What do Biz?

why would companies and banks or whatever adopt crypto currency when its price changes so drastically from day to day? if you accept a million dollar payment in real life money, it will still be a million dollars tomorrow. if you accept a million dollars worth of some shitty internet coin, it could be worth 800,000 thousand in 2 hours.

money doesn't change you, it changes the people around it