/biz/ - Business & Finance

>24 hour volume
>25 thousand united states dollars

What went so incredibly wrong stakebros

>>24738721

I live in PA. As surreal as it is to write, my whole state is now on lockdown and every single institution is as much a gamble as YoBit Dice to invest in. All nonessential stores are closed. Small businesses are closed. Lifeblood industries are closed or closing by the end of the week. Food absent from shelves like most places. Who knows what knee-jerk reactions will come next.

Bitcoin is bullish and I think DAOs are especially bullish for one reason. Stakenet, as an example, is still being actively developed as if nothing happened. No cancellations or delays and a beta test that's still going on as I type. By coordinating remotely and independent of workzones that could potentially become contaminated, the virus only poses a threat in extreme scenarios (i.e. the entire global internet goes down for a very long time or all the developers get destroyed by a comet). BUSINESS AS USUAL so long as the internet remains up.

COVID-19 has pushed the vast majority of traditional workplaces far beyond their organizational limits and capabilities. There are only so many things you can scramble to find "work at home" solutions for. These waves of closures and quarantines are a double-edged sword of cruelty in that they take traditional markets and wealth into the gutter while also creating massive labor shortages. i.e. Businesses can't grow because they can't find skilled talent because they're quarantined indefinitely.

The momentum behind Bitcoin makes me think it will grow, which makes me think the need for Lightning to be usable so it can scale will become exceedingly important along with the need for a fast, trustworthy high-volume non-KYC DEX with unlimited trading pairs.

tl;dr - Stakenet is quite possibly one of the most bullish assets to be in right now.

what if i told you that vb.eth really was vitalik and he's going to tweet about stakenet's dex? what do you think the price will be after that?

>no xsn thread

lets goooo bois. $100 eoy we're all gonna make it. no stakies coping hard. CZ seething.