/biz/ - Business & Finance

>>14837940
just hudl it

Excuse me, but FUCK NIGGERS

>>14837940
LINK literally not needed it's just a simple json parser that bizlets think is special

>>14837994
utterly based and incredibly redpilled

>>14837998
I don't think json parser solves the oracle problem, pls elaborate LINK going to 1k !!

>no one uses lightning
No one uses crypto period dude. None of this shit is for payments yet, the only retailers that accept it are the few that drink the kool aid. If it catches on I guarantee the liquidity on lightning will explode. Also, bitcoin is taking the best possible path, you must be a store of value before you can be a medium of exchange. The early years of Bitcoin were just a collective lesson learned on that concept. Nobody wants to be the moron that bought pizza for 10000 btc. You sacrifice a huge opportunity cost by spending now. If you wait 10 more years for the Bitcoin market cap to stabilize around a 10 trillion or whatever then the merchant options will increase dramatically just like lightning will to support it.
Bottom line is store of value has to come first and we need a massive market cap that stabilizes the price action. Once it has grown and people feel they aren't going to get another 10x, then finally the coin can be used for global payments. Every other crypto will follow the same logical path, and bitcoin is so far ahead you're an idiot not to place your long term bet on it

>>14838055
>>14838033
BLESSED
Your meme chart is missing critical information aka geopolitics and block-chain spam.
Who was spamming the block-chain and forcing fees up?
The 'boom' of 2016 wasn't supposed to happen then. Mainstream media shilled it high to let it crash.
>yfw you realize bitcoin is NSA

>>14838265
>you're an idiot not to place your long term bet on it
only because nocoiners just know bitcoin, it has first mover advantage but is absolute dog shit
>any crypto needs to be a store of value first before it is a currency
absolutely not, RSR/RSV will be a decentralized payment system intended for countries with high inflation and RSV will be backed with assets 1:1
>Bitcoin market cap to stabilize around a 10 trillion
BTC can never ever go above around 20k (what the hell fees)

BTC is not a currency and never will be, store of value maybe but who knows what the intrinsiv value of BTC actually is.
>You sacrifice a huge opportunity cost by spending now
simply not true you could theoretically immediately buy back the amount you spent


also:
>BUY LINK

>>14838325
good point, roger ver certainly tried his best to make the flippening happen.

>>14838416
bro you are missing the forest for the trees.

>>14838479
> roger ver
literally who? mason shill faggots are everywhere.

>>14837994
This

>>14838505
ah you are new I see.

>>14838524
not at all you fucking idiot
roger ver is/was a nobody in the scheme of the changes that are taking place right now
zoom out.

>>14838625
low IQ confirmed, did you really not get the context of my reply? holy shit

also you can't debunk >>14838416

>>14838661
bro relax your dominant attitude
> who knows what the intrinsiv value of bitcoin is
we do. it's about 10k per coin.

>>14837998
Awww. After posting you were like:
>"Shit, i was soooo close to getting trips and it would have made my post look so much better and even divine intervention. Fuck, I guess my time posting this old Link FUD was still worth it. HE HE HE. I am so unique."

>>14837940
BitGreen Airdrops in their Discord! only 21Million max supply
Stakebase listed them as their pair (BITG)
20/10% incentives means 5 friends/family staking PoS into BTC makes the service free.
https://bitcointalk.org/index.php?topic=2827989.msg51629410#msg51629410

https://youtu.be/s3SJ2TMIXZI
https://youtu.be/OIamCXZ6CZI

BITG

>>14838325
>BTC is NSA
Yeah, and now the NSA is controlled by Trump, the Pedo-Hunter in chief.

The Dark Web was never truly anonymous and NSA always monitored it to stay abreast of its various human and drug trafficking networks.

But thats all changed. Hence the massive spike in pedo network arrests since the day Trump was inaugurated.

10 years. It's been working as decentralized uncensorable store of value for 10 years. It has a 10 year head start on all other coins. Scaling, privacy, smart contracts, are all coming to BTC eventually.

>>14838689
>he thinks BTC's price isn't 99% speculative
btw since you didn't get in in >>14838479
I admitted that tx spamming from roger ver at the time might have cause the high fees (intention: flippening, showing that the fees get incredibly high once blocks are full) so I actually said something in favour of BTC there you go

>>14838699
checked, dubs never lie

>>14837940
Based assessment of shitto currency

>>14838776
> Pedo-Hunter in chief.
Hell yeah he is.
Bitcoin was released clandestinely by the NSA.
The FED is ending in our lifetime.
If you can't see that then you are
> low iq

>>14838776
Edward Snowden said TOR (in advertenly the dark web) is somewhat out of the hands of the NSA and he said he uses it on a daily basis.

>>14837940

You’re fucking retarded. That is all.

>>14838803
> missing the larger points again
Bro I wanted to hang out in this thread but you are very closed-minded.
see >>14838776

>>14838779
>all the stuff that BTC fails to accomplish will one day come to pass....eventually guize....really....just follow the dangling carrot.

>>14838779
best point yet.

>>14837940
Name one thing on the earth that is permanently scarce, fungible, easily transferable, immutable, highly divisible, and decentralized?

Nothing else.

You had 10 years.

>>14838841
gtfo newfag, may sergey nazarov (satoshi) save you

>>14838882
holy shit you faggot no one is talking about LINK here
you have it backwards. LINK is speculatively priced.
Bitcoin is not. Bitcoin is an asset unlike anything your mind can comprehend (yet).

>>14838864
LTC

funfact BTC's latest innovation was segwit.

>>14838864
>>14838936
BTC/Crypto is the most perfect form of money invented yet.
OP can't defend this so he will deflect like a good Mason.

>>14837940
>defend your shitcoin
It's the apple of crypto
it doesn't need to be better to keep going
+banking bought the devs

I'm just as always betting on the retardation of the common peasant which in this case means betting on btc.

>>14838821
>fed is ending in our lifetime
Im pretty sure Trump's Executive Order enabling the US government to seize the assets of Human Traffickers will result in the US taking control of the Fed itself.
>pic somewhat related

>>14838907
>never said LINK wasn't also subject to speculation
I consider it a fact that all of crypto is highly speculative.
>not a LINK thread
look at OP this was a LINK thread from the beginning
>you have it backwards
imagine thinking BTC is not just a speculative vehicle subject to Tether manipulation

LINK will go to 1k UNIRONICALLY, BTC is at 10k and with its current structure price can't get past the point where it reaches full blocks.

>>14838936
Sorry, let me add one more qualifier. Bitcoin is proven to have survived whale manipulation, hacks, and the combined hatred of every central bank on planet earth for 10 years while still increasing value.

>>14838987
I pretty much agree with you.
David Rothchild is the Rothiest of the Roths.
Beta faggot with his faggot bowtie.
I bet OP is David.
hi david

>>14838978
redpilled.

>>14839031
>I consider it a fact that all of crypto is highly speculative.
You can consider that but you would be wrong.
> this was a LINK thread from the beginning
only to you
> imagine thinking BTC is not just a speculative vehicle
So short sighted.
If you need an alpha to carry your bags for you I'll give you 8k per BTC right now.

>>14839107
>doesn't realize /biz/ is /link/
also confirmed gay
>>14838689
"relax your dominant attitude"
>>14839107
"if you need an alpha"

cope and rope.

Lightning network will be ready eventually.
Satoshi will never move his btc since it would become worthless.
And there is smart contracts, they are limited and that's a good thing (read:dao hack). Also you can use smart contracts on lightning.

>>14838834
Edward Snowden is a fucking Clown who needs to brush his hair. Dude represents the Old pedophile Guard that ran the country prior to Trump accomplishing what (((they))) thought could never happen.

That aside, the only people (aside from dumb retail money) that have an interest in BTC's continued existence are billionaire pedos trying to shelter their wealth from being seized per Trump's human trafficking executive order.

>>14839255
I agree with you except you have it like 99% right.
BTC is 'from' Trump. Not Trump but those who asked him to run for President.
Satoshi posted like Q.
>inb4 Q isn't POTUS.
wake up, sleepheads.

>>14839315
>Satoshi posted like Q.
sergey nazarov is satoshi you should know this by now.

>>14838936
wrong, we got shnorr signatures among a long list of other techincal things nocode brainlets. like you dont understand. we get it, you just watched the richard heart livestream, you faggot.

>>14839390
> blah blah blah
bro you sound like peter shiff/any other Mason faggot
>>14839402
this anon gets it

>>14839402
yes I watch his livestreams, I used a very close wording to his "5% of token supply in the hands of a random individual (instead of depositing it in a burning address)

also LINK and RSR literally best cryptos

>>14839519
you've been parroting him word for word ad nauseum all day in different threads. pretty embarassing desu

>>14838265
>Also, bitcoin is taking the best possible path, you must be a store of value before you can be a medium of exchange.

Brainlet detected, try reading a book for once instead of parroting what some other guy said

>>14837994
Thanks for the laugh anon.

>>14837940
yeah gonna need a argument why linky is so good

>>14838484
>you are missing the forest for the trees.
Explain

>>14838779
So BTC will need oracles like Link?

>>14837940
>ETH sucks dick
>ETH oracle is king of crypto and the industrial revolution 4.0 (ETH oracle maximalist here)
lel

>>14841729
I don't see why BTC would need centralized oracles.

>>14841729
BTC will never have smart contracts.
They can't even increase their fucking blocksize.

>>14841814
I guess BTC will always be a slow, high transaction-fee shitcoin by that reasoning.

>>14840495
Of course you can still use it as medium of exchange if both parties are crypto zealots but good luck finding lots merchants that accept it. Just wait for when bitcoin stabilizes in value at 21 trillion and watch the merchant adoption and lightning network usage explode the more stabilized it becomes. Shitcoins like nano will never get widespread currency use until they become a store of value as well, at least the bitcoin culture understands that concept. We spent the past 10 years learning this lesson but I guess you weren't paying attention

real-world use cases, 10 years in:
bitcoin SV: a weather app
ethereum: cryptokitties, and scamming 100k+ retail ""investors"" while ruining entire space's reputation
bitcoin: the platonic ideal of money, starting with perfectly auditable and fixed-supply properties

>>14842197
Monero: An unknown amount
Truly the successor to BTC

>>14842519
monero is based as fuck, imo the only other usecase that makes any sense besides fixed-supply (e.g. gold-like) money

>>14842545
positive-feedback rule of thumb: do criminals find the technology useful in its infancy? then yr probably on the right track

if not.......... might be time to cut the losses and invest in funko pops

heard of moon3d? 10x or 100x your crypto. ez money

>>14838265
The store of value meme is so pathetic. What exactly does bitcoin do that makes it a good store of value? How does it do it better than another crypto? And how did it "improve" in that area over the years? What makes you think a pizza wont cost 10x what it would cost in 10 years in sats

>>14842635
You can attack any of the networks it just costs a lot in hardware and energy. Attacking Bitcoin costs more than any nation state would be willing to spend.
>muh volatility
Crypto is the only way to store any value in a trustless way except holding stuff like rare metals yourself and Bitcoin is by far the most secure and tested crypto. Volatility is irrelevant to the actual store of value meme.

>>14841766
>ETH oracle is king of crypto and the industrial revolution 4.0 (ETH oracle maximalist here)
he doesn't own LINK hahaha
you would know that LINK is interoperable

>>14839954
kek he is a BTC maximalist while I state BTC is a shitcoin how do I parrot him word for word BTC sucks.

>>14841005
>nulinker maybe you will wake up. some drops

owns both smartcontract.com smartcontracts.com, top tier SEO
most professional team, no bs hype, only b2b marketing, lets other teams announce first
ic3 in-house project, ic3 = msft, jpm, fidelity, digital asset (hyperledger and daml, premier dlt and sc language for enterprise and fintech) // 1st peer reviewed whitepaper, juels and miller co-directors - juels coined term 'proof of work', most quoted dlt academic, msft joined ic3 specifically for town crier and try to poach miller
accord = top 100 law firms
all industry reports indicating strongest interest for dlt is in sc but point out oracle problem as obstacle
blockchain agnostic = private dlt and baas integration too
dlt 2025 = 10% gdp
gateway for API economy, data monetization on dlt
IOT too
data=new oil
psd2
defi, fintech
szabo's god protocol
wef's 4th IR
data driven automated contracts
derivatives = 1st use case for sc = biggest on earth, 1quadrillion (isda cdm + daml + accord)
other use cases = every other big industry, insurance, trade, logistics, gambling, gov etc
best collaborators, swift, google, oracle, consensys/web3/hedera (advisers: docusign, fb, ic3) wright gonser wood wolpert yorke
1st mover, multiple years headstart, no competition, all bending the knees
even literally whos underrated: bnc=1st crypto data for nasdaq, vsystem=creators of PoS, thundercore=ic3=quoted in libra wp, kaleido=aws+msft, komgo(shell,bp etc), imf+world bank etc
best high cap performer in bear market
beast tokenomics (real need for token because collateral, scarcity from locking/staking, passive income rewards), can only appreciate in value
chosen by highest iq intj autists
major expansion plans
modular
integrated at all backend levels
massive network effect
literally 100s teams (already 50+50startups+nodes+100s dots etc)
best memes, strong holders
threshold sigs, TC, LP/CLC etc
remember eth's evolution with EEA etc
sc bubble next blockchain bubble
only 35k can own 10k

>>14842635
Other cryptos can do it just as well as bitcoin if you base it purely on the tech, the difference is they just won't to the same degree simply because of network effect and its history. We will have a massive market cap coin with potentially a majority of the total crypto market cap and that coin is likely to still be bitcoin in 10 more years, hence store of value. There won't be enough inertia to unseat it from its throne for a very long time. Seriously dude its pretty much the safest longterm bet in crypto and you're critical of it only because of tech, yet its the only coin anybody outside of our autistic circles has ever even heard of. You are looking at it the wrong way, crypto is not 100% going to succeed or fail just based on the tech

>>14843285
>>14843208
>>14842635
shit thread
OP is a faggot

>>14837940
link will never outperform bitcoin on longterm

Monero is bitcoin 2.0 screencap this

>”Be your own bank!”
>*gets raped by taxes*

>>14845122
>holding your wealth in a completely transparent digital currency that literally the whole world can look into
Get Monero
get monero
getmonero
getmonero.com

>>14837940

>4tps
Irrelevant the tps are actually 7tps with full segwit adoption but the low tps also means a small blockhain , after 10 years of operation btc blockchain is only 250gb size, without this limit it would be in the petabyte level.

>not scalable (no one uses lightning)

Lighting is core shilling to keep the retards from forking to prevent the same shit that bch had with bsv.
Forking may improve the technical aspects but will destroy the fundamentals by starting fork wars as teams try to take over.

There are a lot of better coins than btc technically but in it's game theory none , because it's unique in many other ways.

>can never go above 20k because of https://bitinfocharts.com/comparison/bitcoin-transactionfees.html

It can and will , the fees have nothing to do with the price but with the volume during december 2017 transactions bottlenecked for weeks until we reached the 50 usd fees.
BTC will not be digital cash but digital gold , the digital fiat payments place is now being disputed by bch , ltc and bsv and bch is wining massively.

>5% of token supply in the hands of a random individual (instead of depositing it in a burning address)

A random individual that never used them and did not created a pump and dump.
Also the distribution of coins is the best of all the cryptosphere , no other is so diverse and descentralized.
Just look at monero it will reach the same level of btc inflation in 50% of the time.

BTC and LTC have the best distribution of wealth of the cryptosphere.

>no smart contracts

Irrelevant to it's game theory and not needed.

>>14845068
Monero has some serious troubles but will eventually reach the top 5 coins.

Among the troubles:
1_Extremly fast early mining(already reaching same level of inflation than btc).
2_Very low hashrate(it can be 51% attacked by governments).
3_Until BTC becomes dominant it can't take off due to the fact that no company will ever accept payments with it publicly.
4_Until BTC becomes dominant it can be used as a pure money laundry tool instead of a coin and that makes it publicly indefendible to normies.

Overall the great advantage of monero is it's infinite supply ironically.
BTC blocksize guarantees a fee market after 2030 , but bch , bsv and ltc will be fucked probably long term or so a theory says due to the low fees caused by big blocks.

Monero bypasses that by having a infinity supply even if very low inflation.
So long term it will get into the top 5 coins but not in the next 6 years.

>>14845488
>3_Until BTC becomes dominant it can't take off due to the fact that no company will ever accept payments with it publicly.
you dont think a company would want to keep its internal revenue movements private?
lets say company A buys x amount of supplies for y amount of bitcoin and creates a product and sells it to a consumer for z amount of bitcoin

company B can look into company A and to beat their prices, they can look at the inital y amount of bitcoin and the z sell price to gain an advantage. any company who isnt insane would see this as a problem immediately
>4_Until BTC becomes dominant it can be used as a pure money laundry tool instead of a coin and that makes it publicly indefendible to normies.

So I guess you feel the financial privacy has no worth? that fungibility, a core aspect of sound money does not matter?

Privacy is not about breaking the law, its about preserving the self and without the self we are nothing. its about preserving individuality. Privacy allows us to create boundaries in parts of our lives, so that we can determine who we are and how to live our lives.

>>14845488
forgot the two first points sorry

>1_Extremly fast early mining(already reaching same level of inflation than btc).

since the supply is infinite I dont see this as a problem really
>2_Very low hashrate(it can be 51% attacked by governments).

good point, but RandomX is being developed right now to try and decentralize the mining even more and keep it more egalitarian

>>14845655
Not at all but i am just pointing the reality that if monero would have been the first crypto , every crypto would be banned by now.

Imagine andreas antonopolous defending crypto and saying we can't track that , we can't do that , we don't know that.

Monero can only exist as long as other vanguards of cryptos open the path first.

>So I guess you feel the financial privacy has no worth? that fungibility, a core aspect of sound money does not matter?

It's worthy but it's not something you can defend against retarded boomers that have been surrendering their freedoms for the last 50 years.


>Privacy is not about breaking the law, its about preserving the self and without the self we are nothing. its about preserving individuality. Privacy allows us to create boundaries in parts of our lives, so that we can determine who we are and how to live our lives.

Yes but then again imagine a politician accepting cryptos as donation and then all of the sudden he accepts monero , imagine the shitstorm it would cause as not even he can prove the origin of the funds.

>you dont think a company would want to keep its internal revenue movements private?

My point was that payment processors like bitpay can't even justify using something like monero as they can't even track the funds themselves.

People may not like things like bitpay but they are needed for adoption at least until this cryptos get such a low level of inflation that people preffer them to fiat.

>>14845430
very good response. I'm not a fan of big blocks either. in my opinion price is somewhat related to tx volume since it in my opinion reflects interest in BTC. it may not be at 20k but at some point the lack of scalability sets a massive limit to BTC. to be fair I'm not that worried about satoshi either. decentralization (although chinese miners) is yet the strongest point for BTC since it really is the most secure network in cryptosphere. I'm not a fan of 4tps or whatever tps. depending on the size of your investment BTC might be for you, to me LINK is still the superior investment at this time (obv not a currency) when I need to send money I usually use LTC and ETH. I never touch BTC unless for brief periods while trading.

>>14845791
I do realize btw that you don't need to defend BTC against LINK just obligatory LINK shilling.

also I genuinely believe that smart contracts and dOracles will revolutionize Industries

>>14845712
>since the supply is infinite I dont see this as a problem really

It's a big problem ,search for btc posts by time on google , people spent them on shit beause they speculated they may not be worth more in the past as a result the idea of "whales" in btc is seriously overstated, there are not that much whales , most of the biggest wallets are exchanges cold wallets.

This happened due to the long term of the supply reductions had it happened in the same speed as monero we would have a ton of real fucking whales.

While it's true that infinite supply may make it irrelevant that's very fucking long term and i mean 30 years long term because most coins will have been created in this short period even faster than btc.

>good point, but RandomX is being developed right now to try and decentralize the mining even more and keep it more egalitarian

It has nothing to do with descentralization honestly it's more of an asic vs non asic problem.
Every coin that has tried to overthrown btc has done by using another algorithm or being asic resistant because using sha256 means you are exposed to btc asics attacking you.

Monero being asic resistant makes it protected from btc asics but it makes it very exposed to governments all they need to do is buy fucking regular hardware that is already being mass produced and using it to destroy it.

The same can't be done with btc.

Overall tough i think Monero is playing long term i have never used it but of all the shitcoins out there monero is not one of them as they have done needed things to take a place in the cryptosphere without shilling.

>>14837940
BTC doesn't have a faggot Russian exit scamming and selling 700k coins a day.
/end

>>14845934
irony is that Sergey is Satoshi.

>>14838325
BTC may have been NSA to start with, but you cannot deny that the majority of its hashpower is now under the direct control of the PRC.

>>14845775
>Monero can only exist as long as other vanguards of cryptos open the path first.
i agree with you here for sure
>It's worthy but it's not something you can defend against retarded boomers that have been surrendering their freedoms for the last 50 years.
desu, i feel like boomers are the last generation that actually give a shit about their privacy
>Yes but then again imagine a politician accepting cryptos as donation and then all of the sudden he accepts monero , imagine the shitstorm it would cause as not even he can prove the origin of the funds.
said politician doesn't need to be using monero for a campaign if it would cause a shitstorm, they could use a transparent chain like bitcoin, and desu i would prefer it personally
>My point was that payment processors like bitpay can't even justify using something like monero as they can't even track the funds themselves.
why exactly? as long as payment is received i don't see the problem here. there is a service called globee that accepts monero and seems to do this just fine

>>14837940
Novogratz. McAffee. The field is changing... CNBC just mentioned Libra should jump on board to save its self. Talks are underway at this point between the Ethereum Consortium and Libra. Facebook is looking to salvage their ship after Congress told them NO unless they change their blockchain to ETH... Things are getting real for ETH... BTFO fudders of ETH!

>>14845962
>desu, i feel like boomers are the last generation that actually give a shit about their privacy

Probably true in some regards but the boomer one is different , just look at today hearing about libra on one side they accuse libra of being bad for privacy and on the other side of helping money laundery due to being private.

At least genx and milenials are consistent ideologically in this either support or not.

Boomers are a wild one on this shit they can demand privacy and total control at the same time.

>said politician doesn't need to be using monero for a campaign if it would cause a shitstorm, they could use a transparent chain like bitcoin, and desu i would prefer it personally

And that's my point , monero will shine in the late 2020s if people bought inflationary infinite eth then monero future is bright but it will take time.

>why exactly? as long as payment is received i don't see the problem here. there is a service called globee that accepts monero and seems to do this just fine

Regulators will cuck it to death , it would be too easy to buy stuff like cars with monero to launder money.

This is the problem of 100% privacy coin, eventually in the mid 2020s as cryptos consolidate due to their low inflation people will stop giving a shit simply because it will be an old crypto with low inflation and good fundamentals.

>>14838265
People use bitcoin to save their money from hyperinflation and bank bail-ins. It's also impossible for governments to stop people from sending bitcoin across borders.

>>14846091
>Probably true in some regards but the boomer one is different , just look at today hearing about libra on one side they accuse libra of being bad for privacy and on the other side of helping money laundery due to being private.
okay, i see what you mean now

>And that's my point , monero will shine in the late 2020s if people bought inflationary infinite eth then monero future is bright but it will take time.
im willing to wait, are you?

>This is the problem of 100% privacy coin
you can voluntarily provide a viewkey to show your incoming transactions into your account so 100% private? eh, sorta

but anyway, good talk l8r

>>14837940
BTC really is a shitcoin. That being said, buy BTC anyway. Its the only coin boomers have ever heard of, and boomers have all the money. You just have to bite the bullet and buy the king.

>>14838779
No, it wont. They tried to give it those things and you retards rejected it as bitcoin cash. So now bitcoin can never be updated again or its "not bitcoin." Absolute retards.

>>14846282
https://en.wikipedia.org/wiki/Project_Xanadu

this is eth or bch, yr pick

turns out, layering bit-by-bit works far better than trying to bake all features into one layer at the start

in theory, it makes sense to try to have a multifeatured layer1 (ETH or BCH) that has scale built in, but in practice protocols evolve in a way that strongly lends itself to layered solutions

e.g. ARPANET -> TCP/IP -> WWW -> apps on top

>>14846543
Ok but it hasnt done that ever and we are still on the crypto equivalent of arpanet. And its not because nobody figured out how to make anything better, EOS exists. Its because no one will accept an update to king shitcoin.

>>14846599
>EOS exists
Does it work? Why isn't everyone using it if it works?

>>14846599
>still on the crypto equivalent of arpanet
precisely

the ultraconservative deployment approach of core is a feature not a bug, the foundation must be as solid as possible -- one single flaw or zero-day brings down the entire ecosystem.

i personally am 99% btc but hold monero close to my heart (infact at DEFCON i spent most of my time at the monero booth.)

privacy is integral, but even tho only other usecase worth shit past 10y has been privacy coins, it's still worth spending time ironing out layer 1 before adding anything else, including fungibility/privacy (e.g. Chaumian coinjoin) or even scalability (cash.app and/or lightning network)

>>14846719
Yes it works. Its great actually. Ive used it for gambling, decen-twitter (twitter on a blockchain basically) and a few other things. Its super fast and free to use.

And no one is using it because usecases are a meme. Everyone in crypto is just speculating, none of this will ever see any use whatsoever. And you can speculate just as easily on an ETH shitcoin as a EOS shitcoin.

>>14846773
it is not decentralized. all the top BPs are pretty much a chinese cartel now.

>>14846849
Its a concern. They cant fuck things up too much though or no one will want to use eos, and their massive bags will become worthless.

>>14846773
I looked it up and they rolled back a transaction. Anything I build on that platform will be in effect under central control and subject to government pressures. ETH did something similar but at least it was hard for them to roll back and it came with consequences, anything I built on the old ETH network would still be valid on ETC.

>>14846951
Yes they do that from time to time. The block producers have the power to sieze funds, roll back transactions, blacklist accounts, etc. If somebody fucks up and accidentally sends 200mil to the wrong address they can bail them out. They can stop hackers, etc. Theoretically its impossible to get hacked on EOS.

In practice there are like 7 chinese nodes that appear to be bad actors, and chinese exchanges keep voting for them in echange for a cut of the mining rewards. They dont have the numbers to do anything yet, but its concerning.