/biz/ - Business & Finance

Its about decentralized algorithmic creation (from, the beginning) of the currency. END OF
Its not just about securities laws.

Centralized teams of blockchain/tokens can't create an immutable blockchain.
>They can make more tokens (look up coinmetro, think rubix recently also)
>change to a new token (Don't you even Cashies & SVfags)
>edit the blockchain of transactions, ETH HAS DONE THIS (with the DIA token hack)

If people actually understood money as a form of debt (double entry booking). They'd understand an algorithm, that's based on a utility (electricity) with a firm supply cap is Superior to ZERO...with interest goy
Please read this 14 page doc even if you think you understand money creation.
https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy.pdf?la=en&hash=9A8788FD44A62D8BB927123544205CE476E01654

It get so much worse.
What tax is all for
https://en.wikipedia.org/wiki/The_Grace_Commission
The reason for USD rise in power
https://en.wikipedia.org/wiki/Triffin_dilemma
Its successor is already created from the above, FYI China lied to get on
this in ‘08ish
https://en.wikipedia.org/wiki/Special_drawing_rights
The boomer market is a scam
https://en.wikipedia.org/wiki/Cede_and_Company
Lets end this with, the ETH chain is not immutable
https://bitcoinist.com/ethereum-network-not-rolled-back-after-dao-hack/

I avoid /biz/ during the bull as I hate all the shills, this a time to learn something new to evolve for the next halving.

Anything thats not PoW is a scam

>>52427676
People keep 2 BTC on a CEX? Why?

>>52364608
I was around and believe me, know one knew about crypto back then. lost all my doge at cryptsy downfall.

>>52350197
Yeah, retards and nufags don't know this, but the Feds can freeze most bank accounts with IMF exposure. Like MTGOX it will be years before you get your money.

>>52344853
How can you say that when his entire business model was a scam and hustle? He didn't get rich because he was brilliant. He got rich because his ponzi was working great until it wasn't.

>>52339658
>He's alive
For now. A lot of angry people in the world right now.

>>23335605
>ancient.
>2 years.

>>12107775

>>11997538

I don't have an exact count, but it's a lot of coins. They made the fantastical claim that Mark had defrauded them of 2.4 TRILLION dollars in coinz.

Also keep in mind that 90% of all bitcoin that existed back then had at some point or other touched gox. About 15% of the supply was 'stolen' during the goxening.

>>8187639

so that is what $1.5 billion will do for a man

>>8185915
>what's gonna happen with the rest of the funds?
Mark gets to keep it. Billions of dollars in Bitcoin will buy a LOT of dessert-like coffee drinks.