/biz/ - Business & Finance

Why is this shit always flatlined? Is there any hope?

>>55664098
>with the downside of energy usage.
its not a downside lmao.
> its more secure than PoW
the mere fact that the stakeholders / asset holders own the entire network is such a big flaw. PoS is centralized by default. you mint out of thin air and then distribute. its banking 2.0. there is no innovation. PoS is what we have right now in TradFi. the rich get richer sitting on their dollars. you might not understand it but whatever.

> if ETH
ETH was firstly premined by vitalik. the PoW version came out first but before it came out it was already decided they would move to Proof of Stake later. I don't know if you ever heard about the DAO hack? anyway Vitalik forked ETH because now a hacker had +-10pct of the voting power in the future Proof of stake network. Also, the owners of the ETH network have been set in stone from the beginning, well it would not have if they didn't move to Proof of stake, but they did!

> it will get harder and harder to justify PoW
no, it is not. you can not even obtain a fundamentally open / permissionless network without proof of work. if you set up proof of stake then it becomes permissioned. and the rulers are the 51pct stake holders and in most cases. those have been fixed from the start. so any "pure" PoS coin has been controlled from the start and ETH well, go investigate how that thing started and how much vitalik premined lmao. and gave to his friends and close inner circle. the network was owned from the start.

>> the only advantage

ULTRAKEK

>>51275597
>>51275610
your first experience with a girl. You'll find out in a half year to a year if she's a bitch or not. I will pray for you son. Don't get too attached too fast. if she's psycho just roon, ROON. and yes many are. also try not to get addicted to fucking da poosi. once she knows you need and want the poosi. she'll have the power. relationships are powerplays. sadly. anyway good luck fren. lets hope she's one of the good ones, I hope for you. also, if she is, please make a few babies.

>>51269182
id it baffles me too, I just have sex at my dads place. he doesn't mind. he's happy when I bring a chick home.

>>51257740
>Why do some of you guys on /biz think XRP will give good returns?
i recently bought a bag because its an idiots coin and there are still many idiots. so it will pump and then I will dump and get bitcoin or monero instead. i think xrpeepee will make one final poomp before it never poomps again on the btc chart

>>50973620
what do you mean big plans? I don't care about driving a ferrarii and having a huge mansion. I just want a small farm and some land so I can be self sustainable. I'll be happy with that I don't need to take take take and be a wealthy consoomer.

>>50846078
I haven't gotten any benifits the past year. I went travelling a lot. have been buying crypto since 2017. checked out of workslavery completely. Now I have to think about things. I am thinking about exiting to Brazil or Colombia. but im worried about the violence and kidnappings. I could live freely and like a king for many years, decades with what I have accomulated thanks to crypto. I don't want to wageslave for 40 years to pay off the mortgage here. I also don't want to cash out my crypto and pay a big tax. FUCK THIS BS

>>50824452
cryptobay projects were there in 2017 but not enough people want to use it yet.

>>50609504
relax on the beach
buy some fish from the local market
say hola to some passengers
give some money to the poor man outside
cook my own meal.
Backpacking so I go to the local market / supermarket almost everyday and buy fresh, eat fresh (this takes time)
meet the neighbors (usually other travellers)
have a nice time with strangers that will be your friends there
meet a girl, make some love
relax on the beach
look around for interesting property to buy
learn the local language
opportunities always pop up when you are alone and away from your usual environment

>>50607597
if you used it once you'll use it always.

>>49946767
I love you monerochan. I know you will always protect me from communists and governments and authoritarians who are trying to stop me from taking drugs <3