/biz/ - Business & Finance

>>25329439
>We're all here to make money and I guarantee you no one gives a fuck about adoption
Yep, I was watching bitcoin from the beginning. Back then scam was more obvious when people were coordinating dumps here and on certain forums. Literally scamming normies. Nowadays scammers are big corporations that manipulate BTC same way. It's no coincidence it's so hyped up whenever price rises. Afterall someone must buy those BTC for 30k before frefall.

>>25329618
Fuck. What's your exist strategy, anon?

Noooo, fuck you I believe in cardano, goberment adoption is real noooooo crypto is future decentralization will keep goberment in check free the people.

>>25329700
None, I didn't get on scam train, I was simply observer. So yeah, I could be rich now if I participated, but this seemed way too risky back then. It's get rich quick scheme if you're insider and casino if you're not.

>>25329747
think about africa, charles said africa is massive!!

>>25329770
I have like a tenth of a BTC, do you think it's worth selling? I really wanna make it in life and I feel like Crypto is my only shot. So I bought a bunch of other shitcoins like ADA and RLC, etc.

>>25329770
this is a retard tier analysis of the crypto market and you should kill yourself and livestream it on cuckbook. I bet you get no viewers without posting a link here first

>>25329439
In all honesty, how would eth be replaced by AWS? Whatever that would manifest as would be a centralized shitcoin like ripple.

>>25329846
That's unnecessarily hostile. Why don't you prove them wrong instead of telling them to kts?

>>25329846
What's your point of view then? Do you really believe BTC is worth 30k USD? It's all manipulation. It will constantly grow in price of course in the long run so that insiders can get bigger and bigger returns, same way it was done in past. The only difference in past it happened at 10 USD and was coordinated here, and nowadays it's done at 30K.

>>25329439
stop buying shit that is similar in its game theory to the current system, endorsed by it and doesn't solve any of its problems.
https://youtube.com/watch?t=93&v=9bL6jT8X14E&feature=youtu.be
NANO is the only standout. it's digital greenbacks. lincoln jfk hitler caesar all died because they attempted to remove the usury system from their nation and give people the power over their own money.

>>25329831
I don't know, I'm no expert. I think it will grow in price over years, because scam train has no limits. Other than that it's hard to tell if gov will impose regulation or if something else will happen.

>>25329960
I think it’s worth more than 30k. It’s the only verifiably scarce, liquid, divisible asset on earth with its network value. Not to mention the fact that there are 9 billion people on earth and 19-21 million BTC.

>>25330066
Okay thank you. Do you have an opinion on Penny stocks? Are they less scammy than crypto?

>>25330085
> 9 billion people on earth and 19-21 million BTC.
Doesn't matter now does it? Currency is as good as goods you can purchase with it. If you can buy almost nothing with it then it's worthless. Number of potential owners have nothing to do with it. The only reason BTC price raises is because there are people jumping on the hype train willing to pay 29k hoping for quick return in investment.

>>25330172
Although satoshi may have said otherwise, I don’t see it as a total replacement for our day to day purchases. It will be a tool for any well-off person to preserve their purchasing power outside the purview of a nation-state in an increasingly crazy world. And value does not exist outside human consciousness either. We consider something, fiat, gold, or otherwise, valuable because of the fact other people do too.

>>25329869
Let me ask you this anon: What is the point of Ethereum?

This is very funny and I laugh at the unquestioning vapidity of people who say "smart contract" and just let other people fill in the details as to what that should mean and what the value should be. The mistake here is that "smart" is a misnomer. A contract, as we have known them for many hundreds of years, is already smart because it can often require the work of a solicitor or barrister to argue for or against the individual clauses of a contract; contract wording requires interpretation and that can require some of the highest order thinking. It is therefore smart.

A contract on Ethereum, then, isn't smart. It is a dumb contract. It is dumb in the sense that it executes itself, whether it has been audited and validated or not. And for that reason, you get fraud, after hack, after loss, after gimmick, after scam and essentially fuck all in-between.

And for what reason would anybody need to run computer programs in a decentralised way? What the fuck is the point? I can understand a currency being decentralised; that is completely intuitive and innovative, but running programs is useless as it is so insanely inefficient. Anything you could run on Ethereum you can run on AWS and it will be cheaper, faster and more secure, therefore resolving the trilema and revealing Ethereum to be completely and I mean COMPLETELY redundant. Just because something can work doesn't mean it has value, much like a kettle connected to a dynamo on an exercise bike would work. Ethereum is pure spaghetti code.

>>25329700
None, I just am

>>25329439
the sad thing is that the projects that end up getting actual adoption will probably just come out of no where like a thief in the night and most people will be priced out before they find out about it. I truly don't think we're at the peak yet though (in terms of innovation). Were in like dotcom-bubble territory still using blockchain equivalents of altavista and netscape navigator, we most likely haven't even seen the facebook or google of blockchain yet.

>>25330307
Well in that regard it's ok assessment. I don't see BTC price dropping in the long run, unless some regulations pushed by jew HQ (Fed) hit it. So it should be good for holding your assets in safe place and maybe even making money.
I don't see people trusting BTC same way they trust fiat or gold though, mainly because of how volatile BTC is and how much of it is in hands of corporations / China.

>>25330363
Ok, fair. I should have mentioned that I mostly agree with the idea that not everything needs to be decentralized. There is no reason for a private company’s internal databases to be, for example. However, financial dealings absolutely should be. The reason usury and predatory practices in the financial space are so prevalent throughout history is because of centralization

>>25329439
why I am constantly reading bitcoin is "useless" or has "no usecase"?

today i sent 30k to my pal, different country, for around $5 in fees. It showed up in seconds, and was confirmed in minutes. I won't get any hassle from my bank, he won't get any from his, the taxman can't see it, and there was issue with foreign exchange etc. All on a network I know I can trust because it has operated without hack or failure for over 10 years now. how is any of this "useless"?

>nufags don't know about 2026
don't tell 'em lads

>>25330748
What, that this whole thing will collapse? And this board will go back to Dropshipping and shit

>>25329439
Twenty years ago crypto used to be a big sport where thousands of people would gather in Jamaica and England to hear about crypto. You know why it was a big sport? Because there was no disrespect.
Once, there was a reference made to Satoshi from Craig Wright and that alone - because it was a personal reference - caused all kinds of problems in the business, because at that time no one ever disrespected anyone. It was about the crypto.

Now if you hear about crypto on social media, you see it on youtube, the most appalling things are said from one man to another. The crypto that was so great and so righteous, so conscious and so honourable has now gone into the gutter where you talk about “scam” this and “rug” that and your “reh reh” and your “batty man” and “pussy’ole” and all that. You can’t believe it’s really come down to that in crypto?? But it has..

I hope this post reaches the streets and I hope the people of Bristol, England and America read this post. Because three coins are being traded tonight and at no time did we ever disrespect each other.
We shilled tokens that were honourable, that were up-lifting. Tokens that were about consciousness and culturality.

https://app.uniswap.org/#/swap?inputCurrency=0xc626e0619ac79afea9281c8eb9b1a9f9d3fab532

>>25331182
Didn't take long before pajeets invaded this thread. lmao

>>25330363
I half agree with you but at the same time there does seem to be some value to it.
Check out UniBright for example. What they're doing is very ambitious and complex so I'm not sure it's all going to work but I think they make a case that smart contracts and blockchain data can help businesses.

https://whitepaper.io/document/535/unibright-whitepaper

https://medium.com/unibrightio/baselining-the-north-america-coca-cola-bottling-supply-chain-f87539220269

https://medium.com/unibrightio/unibright-and-fraunhofer-ipk-collaborate-on-baselining-additive-manufacturing-7469c36143a3

Also IBM has created blockchain business solutions (I know your argument was about smart contracts but they may use those as well).
https://www.ibm.com/blockchain
https://www.ibm.com/blockchain/use-cases/