/biz/ - Business & Finance

>>57390740
This board is filled with incels listening to YouTubers telling them to find a "tradwife". Respectively, they're fucking pathetic.

than this fucking shit board

SHIB is a joke, DOGE and PEPE will inevitably do war and both will pump in the process.

Mark my words. Mark my digits.

>>56291701
I tried discussing this with people here but everyone is either married (to death) to their bags, or retarded as fuck.

My thesis is now this: Crypto is relevant for MONEY and EFFICIENT DATA INFRASTRUCTURE.

MONEY = BTC & XMR, very relevant, for obvious reasons

EFFICIENT INFRA = Scalable networks for large-scale tracking (VeChain style)
Any network using crypto for: 1) automation of interactions, rewards & participation (aka PROTOCOLS for useful stuff in the modern world, like Uber, Airbnb, etc)
Example:
Data Analytics Network (Exorde, unironically)
Information networks

>>55854100
Okay, now tell no one about it and let this thread die. You know what goes in fields. Otherwise you'll own less % of the stake

A bullshit blogger online gave the list of the top 10 cryptos for the next bullrun.

crypto #1: it presents itself as one of the finest stores of value beyond fiat currencies (Eric is aiming for +900% in the coming months)

crypto #2: it functions as a blockchain aggregator, enabling the construction of a world of interconnected blockchains

crypto #3: it could replace most major banks in financial transactions (it could take off by + 1'000% according to Eric)

crypto #4: it is designed to become the gold reserve 2.0, as it transfers ounces of physical gold onto the blockchain in the form of digital tokens

crypto #5: it will make credit cards obsolete by creating new means of payment (target up to +700%)

crypto #6: it brings blockchain into global supply chains, facilitating the management of goods via smart chips

crypto #7: it makes online banking accessible to all, to bank massively all those who don't have access to a conventional bank account (+ 400% upside potential)

crypto #8: guarantees data confidentiality with a network that protects users' privacy via smart contracts

crypto #9: it is the future leader in metavers and virtual reality (Eric and his team are expecting +8,500% on this nugget, i.e. an X86 on your investment!)

crypto #10: it will create an ultra-secure identification platform that will make it possible to verify


What are these top 10 cryptos, biz?

Data = very valuable commodity anon.
> AIs are open source, and they are free
> but a quality data stream + its infrastructure captures 99% of the value.

What if I told you zero bullshit:
> https://light-vast-diphda.explorer.mainnet.skalenodes.com/
> https://explorer.exorde.network/
The stats speak for themselves. 30M URLs processed, 20-40k/hour, each item is translated, analyzed by 10 deep learning models, all that by a network of 800 nodes, producing 200k+ txs/day on it own. And it's only a few months old Testnet.
> everything people say about any topics, with emotions, intent, in all languages, on all sites over the world, in real fucking time
No non sense, no pajeetry. You can check it yourself. The data stream is real, real-time, no real competition against this data volume.
> traders/investors can use it to leverage sentiment/volume on short/long timeframes or find emerging companies
> companies can track their product/brands
> ... you get it
> Buy an ad
Shut the fuck up faggot, I bring you literal gold, try to FUD it without being full tard, I dare you
> Now let's speculate
when they start generating revenue after their ongoing pilots and reinjecting 30%+ in their $3m utility token every month, how hard is it gonna moon?

>almost halfway through the 2020's
>entire cultural landscape of this decade so far is just nostalgia for anything that isn't the 2020's

There is $43.1 billion of USDC outstanding in the market, $43.2 billion of assets in Circle's possession held at a number of intermediaries. Of this $43.2 billion, $11.4 billion is in cash, with the remainder held in US Treasury Bills (mainly at BNY Mellon and BlackR).

Of the $11.4bn, some of it is/was held at SVB which was placed under the responsibility of the FDIC (an independent agency of the US government whose main responsibility is to guarantee bank deposits made in the US) on Friday.

https://www.fdic.gov/news/press-releases/2023/pr23016.html

According to the information we have, Circle had $3.3 billion held at SVB. This money is now frozen until a resolution is reached by the FDIC.

$3.3 billion of the $43 billion in outstanding collateral represents a 7.7% exposure of the USDC collateral that is now illiquid.The last bank of this size to be in this situation was Washington Mutual in 2008 (weighing over $300bn vs $200bn for SVB).
Did Washington Mutual's customers lose money back then? No. JP Morgan absorbed the bank.

Whatever one may say, and whatever one may think, the FDIC is used to this kind of situation, and the agency has become "pretty good at it". It's no coincidence that they picked up the case on a Friday. That's what they always do by having the wk to find a buyer. The objective is to announce a resolution plan on Monday, and to avoid a contagion. The strong USDC depeg is mainly due to the fact that several companies have paused the conversion between the USDC and the $. This is blocking the arbitrage operations that are usually used to bring the USDC back to its theoretical value, i.e. $1.

You will now reply to my thread

Discuss.

94%, say good biz to Tier 1 biz.

I order every meal because I think ROI of my time spent cooking is worth it. But now I’m having doubts.
Any HNW anons cooking for themselves?

The stake is only meaningful if it's done by network actors, doing some work, or providing a service, as a security deposit.

Useless staking is gigantic proof that a project has SHIT TOKENOMICS aka token not needed aka Token cash grab.
In the same vein, burning tokens is also a sign of weakness.

Good tokens don't get locked. Fuck GRT. Fuck shit projects with shit tokenomics without any strong demand side. STAKING IS FOR LOSERS.

>>50585198
I want to believe but why steel?

>>50412663
It's too late.

>>50306075
the old ones

What NFT should I buy bros?

>>50237777
>>50237933
>>50237988
Blessed by pepe

21 hours left
CERN...

Oh universe, is this weekend (((it)))?

>>50099640
It is ranjeet

RUN

Running a full node requires only 7gb of disk space and 2gb of memory. Whenever a change is proposed, ultimately nodes decide whether the change passes by updating their client. There is no way to verify if an entity (or several ones) didn't spam full nodes to sway the governance/development of Bitcoin for its/their own interest.

Holy shit just found out my gf is pregnant

I guess today Is the day