/biz/ - Business & Finance

>>27233316
I agree.
That's why I cash out when I made enough gains.

coinless faggort go cry on b

>>27233316
You lack vision bitch ass

I believe Hive is the only actual usecase coin next to Monero. Everything else is pointless.

>>27233966
>>27233973
What are you spending your crypto on if its so useful?

tell me a better way for sending large amounts of money overseas than crypto

>>27233316
I thought this might be a pasta but it looks like you actually wrote all that. Maybe try learning something instead ingredients of seething like an absolute faggot. This is well crafted bait right?

>>27234150
I sold a load of Bitcoin and bought a Ferrari Daytona. Satisfied? Now fuck off.

its purpose was to make people rich so they could escape the shitskin hellhole their countries are becoming

>>27234299
If my argument is so bad why are you unable to counter it?

>>27233316
Apollo Protocol is a DeFi crypto mortgage company...

>>27234448
Because it doesn't warrant a serious answer after having this discussion a thousand times. Either you get it or you don't. Go read the bitcoin whitepaper
Still pretty sure this is bait though

>>27234150
I use my crypto to get 10x of interest any jew bank will give you for your worthless paper money. enjoy your 0.01% APY for your """savings""" account I guess

>>27233316
yup same here.

>>27233316
Get off this board & kill yourself

>>27234594
It's still not useful, no retailer will ever accept crypto because most of its coming from criminal activity. They also waste billions in electricity every year to generate this useless shit.

>>27234872
>no retailer will ever accept crypto
anon you can literally buy anything from anywhere that takes mastercard with crypto. instant settlement is nice too

Defeat this argument:
Oldschool Runescape Gold
>Can buy things with it
>Is only earned through hard work
>Doesn't support criminals or waste energy
>Is relatively stable
Crypto
>Cannot buy anything with it
>Useless and supports criminals
>Wastes energy
>Can be generated by anyone, has no governing body

>>27234979
How does mastercard justify supporting criminal activity?

>>27235090
>Cannot buy anything with it
yes you can
>Useless
see above
>supports criminals
the waste majority of criminals use paper money, does that support criminals too then?
>Wastes energy
not a waste since you generate value
>Can be generated by anyone
if you have the equipment. but you need like an entire warehouse today to be profitable at all
>has no governing body
this is literally a positive

>>27235156
how does any store "justify supporting criminal activity" when you pay with cash?

>>27235256
How is this better than real money which isn't subject to wild fluctuation?

>>27235321
You just said you buy with crypto mastercard, not cash, make up your mind

>>27235321
Cash can be traced back to criminal, criminals are using crypto all the time because its anonymous, just look at the darkweb, not to mention all the scamcoins

>>27235373
>How is this better than real money
your """real money""" is infinitely printable with rising inflation and lower and lower purchasing power day by day year by year. something like BTC is the polar opposite of all that
>which isn't subject to wild fluctuation
you can enter any stablecoin like USDC and no there's no fluctuation whatsoever
>>27235417
you asked a dumb question and I asked a similar question to you back. criminals use cash 99% of the time, yet stores accept it

>>27235481
>Cash can be traced back to criminal
tell me please how can someone "track you back" when you buy something in a store with a stolen 100 dollar bill

>>27233316
store of value, paper money is not going to last forever, crypto will. inb4 "fluctuation" it only fluctuate because it's very new relatively, I'm mainly talking about bitcoin btw

>>27235256
>not a waste since you generate value
oy vey, get your own tricks, goy.

>>27235577
Inflation is good thing, means people will not horde it and will be more likely to spend it. If crypto keeps going up, no one can afford it, not good for widespread use

>>27233316
*laughs in monero*

>>27235641
There is DNA on the money from criminal or other marking

>>27234872
You gave it away here man, 0/10 shit bait

>>27235773
>If crypto keeps going up, poorfags can't afford it
ftfy
>>27235833
ok you're definitely baiting

>>27235675
Does not have to be physical paper, there is already digital currency in modern banking online

>>27235090
Also criminals literally use runescape gold in prison since mobile become a thing lmao

You’ll never be a woman

>>27235773
>Inflation is good thing

>>27233316
based

>>27235899
At least they earned it, not generate out of air

>>27235481
>Cash can be traced back to criminal, criminals are using crypto all the time because its anonymous, just look at the darkweb

>>27234150
What is Warren Buffett spending his FIAT on if it's so useful? Not an argument.

>>27234150
I buy drugs with bitcoin

>>27233316
YOU ARE BLIND
I AM HIGH

> why would you want to buy a combustion engine that uses expensive gas when a horse eats cheap hay
> why would you want to invest in a web store where you can't see what you're buying when brick and mortar shops are around the corner
> why would you want to invest in the mobile web that's small and limited when everyone has a computer at home

>>27233316
>Why are so many of you internetards? It is all useless. It has no future and will never see widespread adoption
ok boomer

>>27235156
Are you retarded?

Are you retarded OP?

Consider automation on a large scale, how would it work between different sectors, how do we reduce subjectivity and build an interconnected web of automated services that are predicable and stable?
Basically...

Bitcoin is a store of value and proof of concept, it is the digital gold that backs up this whole system, because everything is simply built off of it. Yes we could get rid of gold because it serves no use, but that's simply irrational. In other words, it is the hardware of the system.

Eth is the software, it has smart contracts and ERC-20 tokens that fill any niche required, but ultimately it allows for business to be conducted.

Avax/Dot/Cosmos helps with gas fees and essentially works WITH (not against), to help regulate the market's gas prices, thus leading to regular work on the blockchain, leading to safer on-chain business transactions and the ability for reliable things to occur.

Combine this with Chainlink's solution for the oracle problem, essentially allowing for off the blockchain info to be validated quickly. Instead of everything happening, on chain, you now have a mix of real world data executing on-the-chain smart contracts, you can now link real world data human free onto the blockchain and have it validated without needing to rely on trust.

The graph/ PRQ allows for what is essentially notifications, it allows smart contracts to link up, or execute certain functions with either real time data from chainlink's oracle, or on-the-chain information.

With this, we essentially have the framework for an app-less internet, instead of building apps, the future developers would develop smart-contracts and chains upon this system, and you'd simply scan a barcode, no logging in, no trust, no passwords. You scan a barcode, execute the transaction, and watch as real world automation takes care of the rest.

>>27233316
You are new. You are retarded. Google micro strategy and feb 3 then eat shit lmfao

>>27238219
This is the power of the blockchain.

You could simply say to Siri "I want to drive a ferrari today" and without ever signing up for anything, confirming your identity, logging in, downloading anything... etc etc, simply just approving the transaction, you could have a self-driving ferrari drive to your location, pick you up, let you drive it, and it drive off, with you clicking a button. Truly appless, trustless internet.

Combine that with the fact that this is decentralized from essentially all countries, you know have an infrastructure that rivals a country's ability. It could revolutionize business travel, why ever convert money when USDC is accepted everywhere and you can do it for a 0.02c fee? It would kill off currency exchanges, and you'd do it all from your phone. It's utility is endless. It literally decoupling money from a country. Sort of like how SMOM is a country with no land.

Unlikely, when Elon is on Mars he will be using his own Mars crypto.

>>27234872
You answered yourself its useful for outlaws. Thank god for drugs pulling in organic demand for cripto.
Drug dealers demand cripto, drug buyers offer cripto, thus there is circulation.

>>27233316
Go back you pathetic piece of shit

lmao @ all the triggered incels ITT

>>27233316
Based

>>27235675
A store of value doesn't drop 20% in one fucking day you incredible mong.
Crypto is speculation only

>>27233316
>>27238253
>>27238219
Brainlet here
BTC goes brrrrrrrrr
ETH is network with lots of wires
DOGE pump and dump now has some fundematialls with parternship with Spark tokens goes brrrrrrrr I am high
UNI government can’t shut down best excangessc for DEX swap swap UNI BEST OUTPERFORMING COIN WILL GO TO OTHER DIAMENSISION SCREEN CAP THIS
CHAINLINK CHAINS ORACHES READS STUFF COIN IS SMARTER THAN ME YES.
Money goes AAAAAAAAA
CRYPTO GOES BRRRRRRRRRRRRRRRRR

The objective worth of currency can be simplified as how useful it is when everything collapses? Silver? Useful. Cash? Maybe for burning. Bitcoin? LOL
Absolutely worthless. Though to be a successful crypto trader you need to market it as EVENTUALLY being useful. People buy in on a dream. If you can market your shitcoin's dream better than the other pajeets, you can easily 10x your gains.

>>27235773
>inflation is a good thing
Kys.

>>27238616
You are unironically going to make it.

>>27238888

>>27233316
simple answer? They are idiots

>>27238888
Checked
>>27239022
Yes I am

>>27239076
God speed, you're going to outretard all the othe retards, and catch every pump and dump before it pumps by the nature of your very being.

>>27233316
Crypto is the preferred investment vehicle for the financial illeterates who don't understand any fundamentals or how companies etc are valued. This is because in crypto the only fundamental is the greater fool theory. Just buy when line is down and hope that it eventually recoveras and dump your bags to some sucker coming in late. That is also why the space is filled with brainlets because no one above certain threshold iq is interested in pump and dump schemes.

Also btc was probably originally made by government agencies to divert investment to physical metals and keep the fiat ponzi economy running for longer. If the amount of money that has entered crypto would have gone to pms especially silver the clown economy would have been destroyed after GFC.

>>27233316
If clearinghouses used a blockchain they would be able to clear trades during high volatility.

>>27233316
FTM is being trialed for medical chain of custody and verification in afghanistan and has some pending smart contract stuff with dubai. Crypto is more than just le ebin drug coin dude weed lmao