/biz/ - Business & Finance

Is it alt season yet? Is it ripe time to mortgage my house for buying alts?

How can I short tether?

>>14719211
>Never happened son
They'll never let it succeed. Not in a million years.

Why is the price crashing?

You're going to be sorry for this.

>>14531879
Keep dreaming.

Reminder: they always win.

Reminder: they always win.

Does knowing you're getting rich off a ponzi scam make you feel bad about it or youhave no regrets?

You called me crazy for saying this is going to happen. Who's crazy now?!?

“The Libra Blockchain is pseudonymous and allows users to hold one or more addresses that are not linked to their real-world identity.”
Trust us.

But we know that’s not true because “Calibra will require users to go through an intensive Anti-Money Laundering (AML) and Know Your Customer (KYC)” on-boarding for every user.

Just like the Indian Aadhaar “voluntary” ID system where the system wasn’t supposed to keep people’s history and link it all together, all it took was the Indian government passing a law and now they have to keep the data. Then the government followed that by making an Aadhaar ID essential to open a bank account or keep your bank account open and suddenly voluntary is mandatory and we’ve slid as far down the slippery slope as possible.

Pretty soon a centralized digital ID will be absolutely required just to use the system, all for your protection. And then companies and governments will know everything you do and everywhere you go and everything you spend your money on as they track you with advanced AI/ML algorithms.

If the dream of crypto enthusiasts was to restore self-sovereign money, they failed.

Is cashing out a meme or did you actually know someone who did and received real money for his theoretical crypto money ?

Reminder: they always win.

Did you meet someone irl who actually get fiat out of his coins or is it an only one way fiat->crypto without being able to do the reverse?

People saw this coming many years ago.

It was all part of the Blockstream-BSV plan a long time ago.

>The Wall Street Journal, citing unnamed sources, believes Facebook Coin has all but moved forward. Something like a stablecoin, it will be pegged to “a basket of government-issued currencies,” with a dozen or so “financial firms and e-commerce companies [investing] around $10 million each in a consortium that will govern the digital coin,” which include the likes of Visa, Mastercard, PayPal, Uber, Stripe Inc., Booking.com and MercadoLibre Inc. CoinSpice recaps the project’s journey thus far.
>Most are sure it will be a stablecoin, as the notorious swings of cryptocurrency markets have been a continual bugaboo for institutional finance getting more involved. The project is named Libra, and “revolves around a digital coin that its users could send to each other and use to make purchases both on Facebook and across the internet,” the Journal explained. Facebook has remained silent officially.
>Bitcoin (BTC) as a project has failed to gain mass adoption many hoped for it by now, a full decade-on. Some blame high fees, slow transaction times, price volatility, toxicity as reasons for the snail’s pace. Others simply believe the regulatory hurdles and lack of infrastructure doom BTC altogether. And press accounts about linking cryptocurrency to money laundering and terrorism haven’t helped its public relations image.

Reminder: they always win:
https://www.wsj.com/articles/facebooks-new-cryptocurrency-gets-big-backers-11560463312

Reminder: they always win:
https://www.wsj.com/articles/facebooks-new-cryptocurrency-gets-big-backers-11560463312

Reminder: they always win:
https://www.wsj.com/articles/facebooks-new-cryptocurrency-gets-big-backers-11560463312

>>14159026
Not gonna happen, Pajeet.

Reminder: in a mass surveil state where crypto is outlawed, the only thing you will be able to use moneros for is digital assets.

Buying any physical asset will lend you to human risk (i.e. you being entraped, dogged on etc) or you being discovered through surveillance technology.

>Bitcoin was a mistake
- Satoshi