/biz/ - Business & Finance

>>57641743
Aqua Teen Hunger Force type house

>>55327629
I hate you, you disgust me. Finding excuses and reasons not to enter a fucking gym. Repulsive.

>>54418852
>powered by GPT-4chan

>>54381177
it really depends on stablecoin adoption by the usa, if the usa goes against stablecoins and for CBDCs it's fucking over for burgerland.

If the usa goes full stablecoin backed on us treasuries adoption then the usa will enter a golden age after perhaps a decade of a little chaos.

The big problem is offshore dollars, as long as the banking system operates in a closed way offshore banks can create digital dollars, this would not happen if you could let's say cash out from a hong kong usd account into usdc and then deposit it into a us bank account.

It would make offshore banking in usd really hard for those creating dollars through lending outside the usa.

It would also increase demand for us treasuries and allow us companies to diversify their liquidity into stablecoins reducing pressure on banks and it wold make us treasuries the global final collateral of any open banking system.

The big problem comes if the us boomer senators want to close the system then it goes full Argentina since CBDCs would make bankruns easier and nationalizing banks would destroy demand for us treasuries nationally inside the usa and obviously too outside the usa (hence why the fed does not want 100% liquid banks like custodia).

>>54369510
>Sorry dumb question, if I buy one of these things, are my coins actually stored on the device? Or is this some sort of authenticator for an online wallet, or a wallet on your computer? At the moment I have stuff spread across Binance, Metamask and Xumm

Sad that no one gave you a correct answer, very disapointed at anons don't helping newfags.

Here is your answer anon:

1_The coins are always storing in the blockchain

2_Software or Exchange wallet only have the key to open your wallet stored in the blockchain

3_Exchanges use cold wallets to secure your money and sometimes remove the money from your receiving wallet to send to cold wallet, but they still show you own them and they sent you to other wallet to withdraw.

4_Software wallets like exodus or uniswap only have the keys to open your wallet in the blockchain

5_Software wallets while great have the problem that your seed phrases to recover appear on the screen and that a keylogger can steal your wallet password (your wallet password is just used to open your real wallet in the blockchain).

6_Hardware wallets are the best of them all because your seed phrases are created without ever appearing on your computer, they appear on your hardware wallet like the trezor screen and you just copy it on a paper and never take a picture of it if possible cut some words and remember them.

7_The second advantage of hardware wallets is that you never put your password to enter your wallet through the keyboard, your hardware wallet will generate numbers randomly in a screen and you will have a few boxes to fill in your computer screen to put your password with the mouse only but no number appear on the screen of the pc only on the hardware wallet..

Buy a Trezor anon it's worthy and gives you peace of mind , if you want to also use monero buy the best trezor the costlier one since it gives you xmr wallet too (the cheaper trezor is not xmr compatible), but the cheaper trezor is great too.

Hope this helped you

>>54235862
New deal was mostly propaganda, i am not saying it was not needed with the world getting dangerous and the japanese empire on the march and germany going full militaristic.

The us did not even had traffic laws at the time so shit like administrative law had to be created asap.

But add 100 years later and we now have boomers buying their 7th hosue because it's dangerous to keep money on the bank and cash is subject to civil forfeiture thanks to brandon creating it to bypass multiple points in the us constitution.

Keynsian propaganda is insane, i am sure they never showed you the stats that the workers needed 6 months to buy a house, because your teacher benefited from brrrrrrrr and his union told you to give you new deal keynsian propaganda.

Yet i gave you papers of the time and the IRS fucking data, and it shows that the average worker bought their houses with 6 months of income.

There are literally keynsian propagandist on pol and biz to hide this fact.

>>54185435
I disagree tough, the old system would work, it's just that it's the old system + updates they given to finance the government through subtle confiscation.

For example in 1970 when the usa was building nuclear power plants every month and landing on the moon every few months the biggest cash bill was the 10k usd bill.

A house was worth 15k usd inflation ajdusted for average house the biggest cash in circulation was around 300k usd which is bigger than the bank insurance.

The economy is too bankarized to "fight tax evasion" yet this bankarization is causing trillion size bailouts every few years now because banks have too much money and buy shit collateral like bonds giving almost 0%.

If the system operated like 1970 this would not happen because the economy would still be mostly cash, taxes would be mostly on fixed goods like real estate instead of wages (so the economy could deflate which can't now due to progressive taxes needing a moving economy).

The list goes on but the system 50 years ago seems stronger than now because in the keynesian control freak insanity they put too many people in the banking system and with civil forfeiture they made cash usage impossible.

But it's mathematically impossible to pay the fucking bank insurance.

Let inflation adjust the 10k usd bill of 1971, and imagine you have 300k usd cash bills in circulation.

Yellen could tell the companies, get fucked for having so much people in banks, the job of treasurers was to manage those cash in the past.

But she can't tell them get fucked because the government forced people to use banks and criminalized cash.

The game theory and incentives are all fucked up and it's a financial death loop.

>>54118711
Volker had way lower debt to gdp ratio, at current debt levels the usa goes 100% bankrupt at 12% interest rates and that is 12% with a growing economy since most taxes depend on economic activity thanks to keynsian degenerates creating progressive taxes.

If the economy slows downs the us goes bankrupt at 8.5% interest rates, and if you have stagflation around 6%

>>54119531
The only way out is through aka inflating the debt away,

Raising rates will lead to more inflation at this point due to bailouts and service on the debt.

Wealth taxes and other stupidity the democrats want is stagflationary as hell which actually reduces tax income and makes servicing the debt harder.

We are at late stage keynsianism

>>54026085
>I can't wait for next Friday to make fun of you for being so dumb to think a company like Uber wouldn't have diversified its bank reserves.

idk anons, normies don't really think things through, i would not be suprised.

>>51049150
meeh

https://www.youtube.com/watch?v=OKgtA3h8WB8

>>30335530
It's contrarian to make fun of these findings because autistic faggots on this site think it's cool in some insanely autistic way, but we are living in a fucking Harlan Ellison novel. We are literally cattle to (((them))).

>>30186674
Personally, I don’t give a fuck about anyone but myself anymore. Friends are great and all, no offense to anyone on this board, but I gotta look out for number one if you know what I mean

>>30155272
It appears Melvin has begun to understand the true power of the digits. Your Kabbalah magic doesn’t work on us

>>29987791
Proof or gtfo

I fell asleep. Anyone have a theory about what caused us to lose yesterday’s after hours gains?

>>29408563
What are you talking about it's still up 6.78% in the last 24 hours.

>>28493648
I work nights. Just got home and I’ll be up all day

>>12573720
t. redditor immigrant

I have 6 LP. Will I make it?

>>12426652

>>12230236
It's alright I'm fucking drunk and shitpposting anyways. Started listening to /metal/ instead of christmas shit and am enjoying myself more.

R/a/dio always ends up as /depression/ anyways.

All of my portfolio is ARKK. Should I take out 100% margin and use it all for QQQ? Margin is about 5% APR.

>>8779826
>Lain
>Pays taxes
Fucking larpers I swear
at least copy some of the ethos of the character you're larping as
hope this nerd gets soul shattered

>>8494253
>past tense
>pajeet devs can't solidity
lain post as a retard one more time and I'm reporting you to the lain posting police, nerd