/biz/ - Business & Finance

>>26158740
>look at the absolute state of rail in USA vs the rest of the 1st world
It's because USA passenger rail system has to yield to the freight system, which is the envy of the world. In addition, a large and non-densely populated country like America runs better on a domestic flight system, which is another reason why the government invested in the domestic flight infrastructure, not passenger rail which is a massive and costly meme outside dense areas such as the Northwest Corridor, Texas Triangle and California (the only places where high speed passenger rail can and will make a profit).

Everything has a reason.

problems of a COOMER

Well the shitcoins are on the ethereum network so it makes sense. Only based coins like LINK get a USD pairing

>>23221597
I truly believe that when lending crosses over into usury is when the borrower has paid off the original principal perhaps many times over but still has a huge balance

Obviously in the OP image this is not the case as she hasn't even paid off the principal amount and she just either couldn't save or couldn't do math right when she took on the loan

However I think loans should also be agreed upon like investments, taking into account the time value of money
If the lender gets their money in the timeframe agreed upon, then a small amount of interest is paid, (as it goes now) and if they don't get their money in the timeframe agreed upon then they get to take more from the borrower in the form of interest for the borrower having forcibly opportunity cost'd their money away
However, I think loans should come with an eventual "balance cap", or an amount of money that the lender will be satisfied with receiving, basically no matter the timeline
Minimum payments could prevent people from simply not paying anything and then going bankrupt when it comes time to pay the $60,000 you owe on your $12,000 loan 50 years from now

I bought below a dollar but I shilled it all the time to a few friends who fomo'd in at the top once it started making news.

>been in crypto early 2018 during the bubble
>bubble crashes and I lose my initial investment by 80%
>capitulate, sell everything and put it on link because fuck it why not
>on my way to making it

>>21777777
BASED

Why does CL always moves opposite to BTC?

>>21025290
Coinbase seems to be the most stable and "legit" hot wallet seeing how it's bending over so hard for the government.

>>15874166
Not sure if you're being ironic but if you're serious, let me explain why I always had a problem with the Nibiru theories:

If the inhabitants of Nibiru NEEDED gold to survive, why would they not just use their advanced technology to just take it from us? Why the secrecy?

If their technology is so advanced, why would they need human slaves to mine them? The Nibiru theory is so bizarre and irrational. Basically it's the quintessential schizo theory, right next to the reptilian theories.