/biz/ - Business & Finance

>>56743818
They got absolutely destroyed in the bear market and did zero marketing while they developed. It seems like they are finally starting to put out products

>>54267156
>>54267188
Kill yourself

>>54233544
I don't want people this low IQ to ever own more than the 1 ID they'll be forced to keep in their accounts so they can still use defi services after 2025.

>>54171885
Everest is the only entity on this list with banking license and therefore the only one that can verify identity in a way that big banks will accept. They were also smart enough to get the license in Malta which means they will be grandfathered into the EU system as a bank once MiCA is adopted. I realize that most of /biz/ is too stupid to understand the implications of this but once you've spent a few hours reading the actual legislation and listening to what central bankers have been saying it's obvious that they are the first movers in this space. Note that this is a separate issue from privately issued programmable stablecions/private CBDCs where they have another first mover advantage since they can issue tokens that never leave custodial services and therefore aren't considered a threat by central banks.

>>53551738
Here is a list of categories all projects in our space fall into:

1. Projects that will exist in 2025
2. Projects that won't exist in 2025

Guess which one Sparks falls into. Hint: it's the second.

>>53541639
>>53541797
Kinda glad there's more time to DCA, a dozen anons from /biz/ will own over 10% of the supply eventually if this keeps up

>>53509410
Do you even know what is happening with regulations at the moment? Go read about MICA or what the US are doing.

>>53498724
It's actually not as bullish as you think to be awarded a PoC by a central bank, especially for a CBDC. Most if not all of them are going to be shelved and the ones that deploy are going to have trouble getting adopted. Even China, who has no red tape issues that we have in the West, is having problems getting people to use CBDCs. On top of all that they usually only give you a few hundred thousand dollars in funding and then tie up the majority of your dev team for years. It's way more likely that a private company will push this stuff into the mainstream because there's less stigma and bureaucracy attached to it.

>>53253824
Imagine being this retarded