/biz/ - Business & Finance

>>24768290
you had 10 years.

>>24768290
>Why does it take so long to transfer money with this piece of shit?
Block size
>Why doesn't it do anything else?
KISS
>Why do none of the people working on it care?
Blockstream doesn't need to care

>>24768297
i was like 9 anon

>>24768290
As far as I’m concerned it’s just the proof of concept for the rest of the space to build upon, the actual use cases for BTC don’t make sense to me other than the fact that it at least can’t be inflated to shit...

>>24768290
>what is decentralization?
block times and sizes need to be set so that they allow everyone to compete

>>24768290
>>24768308
>a-all I know about money is that you're supposed to spend it!
kek cope brainlet zoomer

>waaahhhh it doesn't do anything! I can't buy video games with it!
yeah then don't buy it. But in not understanding anything, don't then immediately turn around and start spewing shitcoin narratives that are recycled from 2017. Most of the shitcoiners who spewed those narratives then have since capitulated to the king, and will only spew alt narratives so you'll pump their sat value so they can exit for more BTC.

Number will continue to go up and you will just have to accept not being smart enough to understand why.

>>24768451
i'm literally just trying to send it to my trezor and it's taking 45 minutes man

>>24768468
how long does a bank transfer take?
layer one isnt for daily purchases. its savings

NUMBER GO UP

>>24768290
Is having 1 BTC worth it? I'm 2k away from owning a full guy.

>>24768290
Transfer should be almost instantly. Do you mean confirmations?

>>24768290
Hauling 50 pounds of gold across the Atlantic also takes a long time.

>>24768639
But what if I want a better layer one? Why do I have to compromise on the quality of my layers?

>>24768290
cope

>>24768315
>decentralization
>need to be set
is this satire?

>>24768639
Why cant we just make it faster tho? There are a ton of coins that are way faster. EOS can do it in a quarter of a second. Nano is about that fast too.

Hello there, I am Richard Heart, creator of HEX, === all that matters in crypto is NUMBER GO UP ===, HEX rewards you for staking over many days and years, the code has been triple audited, and has no admin keys, Join me on this opportunity of a lifetime: hex.com

>>24769409
every one of these is centralized. the whole point of bitcoin is that someone with big pockets cant just come in and fuck with everything.

>>24769409
No one uses either of those coins

>>24769368
because transactions have to be verified by nodes

>>24768290
ngmi kiddo

>>24769398
this a rule from inception moron

>>24768290
XRP XLM ALGO

Bitcoin (during the next generation) will be like Netscape compared to Google. However, the white paper is sound. It is a decentralized, cryptographically secure store of value. It was never meant to be used as a currency, Lightning Network was a blind alley. When we are all middle-aged or elderly, Bitcoin will be worth more than gold and silver, because gold and silver will be utilized for space travel- Bitcoin will be our store of value.

In the meantime, however, have you been paying attention to how the news has been talking about Bitcoin being used by China, Iran and Venezuela? Gaetz just passed a bill talking about shell corporations and terrorist funding that mentioned Bitcoin heavily- and Tether just minted trillions of dollars out of thin air. I wouldn't be surprised if the market collapsed pretty soon and BTC crashed back to 10k or lower.

If you are heavily invested in BTC, I would advise you to diversify into XRP, XLM and ALGO- XLM and ALGO will be the backbone of the coming digital central bank currencies and XRP will be the bridge between them, replacing the current IMF special drawing rights or Xrd. Notice how xrd is the mirror image of xrp. do you think that's a coincidence?

Do you think xrp really started development in 2011 with opencoin, or has the concept been around since Ripple CTO Schwartz filed a patent for distributed ledger technology while working at the NSA in 1988?

Or does the concept have its roots further back in the Bretton Woods conference, with James Maynard Keynes and EF Schumacher's concept of the Bancor? The international Standard reserve currency used for cross-border settlement?

Ask yourself these questions. Consider the macroeconomic factors at play. Personally, I was a bitcoin maximalist from 2011 until July-August 2020, when I started to do more research. The concept of cryptocurrency was literally invented to enable XRP and Ripplenet. Invest.

>>24769409
EOS is literally a front for pedophile Cabal members, nobody in the crypto space takes it seriously. it is universally recognized as a moneylaundering scheme for Hollywood Zionists. and Nano? what is this, 2016? are you serious?

liquidate your shitcoin bags- and trust me, EOS and NANO are the definition of shitcoins- and put your money into XRP and XLM, and you will make back your original investment 5-100x over.

follow the IMF and central banks, anons. why did Warren Buffett put billions into Bank of America right after their partnership with Ripple was announced?

>>24769474
3 miners, all owned by the CCP, own more than 50% of bitcoin and ETH, what's your point? at this point, BTC being decentralized is a myth.

>>24769572
mining pools and miners are not the same thing

>>24769490
based and Fulcanelli-pilled

>>24769474
Bitcoin is also centralized. 5 people hold 80% of all bitcoin processing power.

>>24769486
I dont care if anyone uses these coins. Why cant bitcoin copy their technology?

>>24769561
Holy jesus I do not care about the coins, only the tech that makes them fast. I want bitcoin to be that fast. These coins prove it is possible. It seems like bitcoin could just update their software and copy them.

>>24769692
see>>24769590
and
https://www.youtube.com/watch?v=KUd8ZGgm6Qo

>>24769416
Richard heart and hex to the moon. Fuck the haters.

>>24769590
>>24769590
cope.

listen, i say this as a former Bitcoin and Monero maximalist and cypherpunk wannabe- you gotta read the writing on the wall.

a) regulation is incoming and a lot of the current cryptocurrencies aren't gonna make the cut. you want to invest in the ones that have been working with regulators all along- BTC will be in there, along with ETH, XRP, maybe LTC and BCH and a few others (DOT, IOTA, XDC, ALGO, XLM, who knows which other ones). but the majority of the digital assets on the market presently won't be coming to the future.

b) economic war is incoming. WW3 has already started, but it's being fought on the internet and through technology and economics, and via information. nobody wants it to go hot. the people that recognize this earlier can bet on the outcome of this war via investment, and personally I think the good guys are going to win, so I'm investing in XRP, because I think the good guys (Satoshi Nakamoto) were behind XRP as well at BTC. I think BTC is a solid very-long-term investment, perhaps the most solid that's ever been created, but in the shorter term XRP, XLM and ALGO are the three that I have chosen. If I believed strongly that China would do well in the coming decade I'd invest in VET, TRX and BNB. Choose your fighter.

https://www.amazon.com/Wave-Ripple-Coloring-Satoshi-Nakamoto/dp/1945652039

do yourself a favor and click that link, and consider its implications. and remember that Satoshi talked about Ripple in emails back as far as 2009- 2 years before it officially started development.

>>24769692
Eth/hex bro

>>24769755
>WW3 has already started, but it's being fought on the internet
lmao

>>24769877
look at the Armenia/Azeri conflict and tell me with a straight face that wasn't just as much of an information war as a geographical/technological/kinetic conflict.

Use Litecoin

>>24769933
Checked and digits confirm.
2.5 minute blocktimes and very little fees.
Hold your stack in BTC but use LTC for sending crypto everywhere.

>>24769492
>proof of christopher nolan justifies central planning of blocks
144mb/day is asinine

>>24769561
XRP and XLM are both centralized as well. Nobody takes them seriously either. In fact, there are large swaths of the crypto community that do not consider XRP to even be crypto, due to its centralized nature, despite its trading pairs and interoperability.

Regardless, nothing in your post comes remotely close to addressing his main point.

Hi There again, Im Richard Heart, serial entrepreneur, I retired 10 years ago in my early 20s, I was an early Bitcoin miner, fed up with issues I saw, I spent 2 years creating HEX, the first blockchain certificate of deposit, check it out: hex.com

Lightning network for daily transactions

>>24769692
Are you seriously trying to debate Bitcoin flaws with brainlet Bitcoin deluded maximalists? KEK

Use Pushtx to make your transaction go faster

>>24769692
> the bus takes me to the grocery store in 10 minutes
> but when I take the plane to florida, it takes TWO HOURS
> I just want to get from A to B fast, maybe those plane people should try to copy their vehicle designs from the bus company

>>24769332
This.