/biz/ - Business & Finance

I’m getting to the same point. About to dump my life savings into it.

open your asshole and your mind will follow

>>23432908
wait till you understand the significance of smart contracts

This interview mind broke me to be honest.

https://www.youtube.com/watch?v=Cg10yYZjK94&ab_channel=RealVisionFinance&fbclid=IwAR3kwbkELjoGjFH_pyrBcNR6HBRHyyBLzGtg9wK-mFjHcHBMOH4L7HjRBP8

>>23432908
>>23432976
>I finally understand the significance of 5 transactions per second
$1800 EOY

>>23432990
Try to transfer 100 million USD across the world and see how fast you can do it compared to bitcoin.

Hint you need to talk to three different bankers and do a kyc EVERY TIME.

For hold if you want to transport 100 million worth of gold across the world you need 250 grand+ to transport it all not including insurence.

Now with bitcoin it takes 30+ minutes and a 5 dollar fee.

the real eye opener is learning that taxation isn't theft because U.S. dollars weren't really yours to begin with. You may have "x" number of dollars in your wallet or in a bank account, but that money doesn't belong to you and if the government wanted to they could confiscate it from you.

>>23433034
the kind of people trying to move such amounts already have this shit figured out, thats why such transactions are even happening. They will never, ever trust 100 fucking million to bitcoin, do you even know what you're fucking saying?

>>23432938
This

what a coincidence how you figured it out after a pump

>>23433034
Cool, now try to cash out 100 million USD.

>>23433127
Precisely why I’m about to throw my entire savings into BTC

>>23433034
That's funny, you just described the problem ripple is solving

>>23433176
>they cant confiscate my btc

>>23433212
technically yes

>>23432908
When you lose all of your money on BTC I'll pay you to wear a cute skirt while I fuck your sissy ass.

>>23433151
no unfortunately even for the elite it is not in fact 'easy' to move that much money around nor is their ability to do so cheap by any means.

any non glue huffer can realize the strength of the btc network.

>>23433212
the theory is if my btc is stored on my brain wallet then anyone trying to confiscate it would want my brain healthy not ouch

Imagine if SHTF in your country and you wanted to leave the country quickly with your wealth.

With CASH your fucked because your cash is in the local currency and is WORTHLESS overseas.
With Gold you are also fucked since if shit is hitting the fan getting physical gold out of the country is either a massive logistical challange or simply impossible.

But with bitcoin you can leave the country easily with no hassle no matter how much bitcoin you are leaving with.

It is also harder then hold. Every 35-40 years the gold supply doubles and that is not even factoring in the possibility of increase gold production. Bitcoin however is infinitely hard as a currency. Only 21 million bitcoins can EVER EXIST.

>>23433229
they dnt care about cheap or easy, just that its possible.
try cashing out 100 million >>23433164
>>23433257
nigger give us your key or rot in jail, see how fast you write those numbers and letters

one word: party hats

>>23433439
what evidence do you have that they'd release you, after you gave them your key? the one thing keeping you alive is your key lol. once you lose that, you're just garbage, and will be disposed of.