/biz/ - Business & Finance

>>28373453

So what does this mean for us?

>>28373516
i paid to have porn created for me with litecoin today

>>28373453
$ID will make this happen.

>>28373516
It means you'd better be in on the correct coins when they announce which

>>28373516
Utilization and normie adoption never before seen.

>>28373516
Diarrhea medicine for your hole village.

>>28373453
>two sentence article that basically says “mastercard already supports crypto currencies but now it’s more offiicial”
Who cares

>>28373516
bitcoin explodes

>>28373453
please pump my LTC
AHHHHHHHHHHHHHHHHHHHHHH

>>28373560
$ID is literally designed for countries with masses of impoverished.

>>28373453
it means blue chips
eth btc link ltc are going to pump

>>28373585
It's going to literally be Bitcoin, Eth, and (other).
Nissan is taking fucking Dogecoin and that didn't do shit for the price.

>>28373453
FINALLY DOGEEE GOING MAINSTREEEMMM!!!!

>>28373667
>Nissan is taking fucking Dogecoin and that didn't do shit for the price.
are you fucking serious lmao

We need to pump avax into top ten so it can be in the running. This shit will go vertical

What's the point? You can't use crypto as an actual currency. You'll trigger taxable events on every fucking purchase. Who the fuck wants to keep track of that?

>>28373667
Hell, with their transmissions, you'd figure it would have hurt Doge

>>28373727

>>28373731
Let’s do it fren

>Abstract. A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution. Digital signatures provide part of the solution, but the main
benefits are lost if a trusted third party is still required to prevent double-spending.
We propose a solution to the double-spending problem using a peer-to-peer network.
The network timestamps transactions by hashing them into an ongoing chain of
hash-based proof-of-work, forming a record that cannot be changed without redoing
the proof-of-work. The longest chain not only serves as proof of the sequence of
events witnessed, but proof that it came from the largest pool of CPU power. As
long as a majority of CPU power is controlled by nodes that are not cooperating to
attack the network, they'll generate the longest chain and outpace attackers. The
network itself requires minimal structure. Messages are broadcast on a best effort
basis, and nodes can leave and rejoin the network at will, accepting the longest
proof-of-work chain as proof of what happened while they were gone.

wtf I love trusted third party financial institutions now

Link bros what if... what if this the reason for the dumps. Minimize volatility so it looks like a good selection to shill to normies....

>>28373453
BTC ETH LTC DOGE AND WHAT ELSE? ADA? XRP?

>>28373846
At least they can't print bitcoin.

>>28373453
>>28373516
XLM BITCHES

>>28373871
Sergey is the real creator of BTC. The timeline adds up perfectly. He left BTC for LINK. It’s obviously got the largest room of all the blue chips to make a power move. These people studying the day to day operations are pussies who’ve obviously never tasted a bit of wealth and got their whole identity riding on it.

>>28373585
>coin
Fixed
Guess which one?

>>28373983
>he thinks off chain intermediaries won't fractionally reserve their custodial bitcoin

>>28373667
Light coin, xlm, usdc would be my bets for other. Would say xrp but then SEC happened

Algo

>>28373623
You forgot the
>Without going through it's network
part faggot. Mastercard will now offer crypto payment channels through their network.

>>28373771
Right??? Maybe a certain court case could help bring clarity to the difference between a digital currency and a digital asset. Maybe that could clear up stable coin definitions and the underlying chain or ledger that powers the transfer of stablecoins would explode in value (=°×°=)

>>28373516
Wez about to make a shitton of money, pump it

This is gonna be a great tool for gubmint to keep track of who potentially has big gains if they didnt know already. Im not trying to go tinfoil hat, but if you frequently make tx with crypto then the tax man will probably want to look into you for the day you decide to cash out. Obviously after a few years after everyone is doing this it won matter.

>>28374274
... no... they can't do that... it wouldn't even make any sense

... fuck i hope they dont get away with that

>>28373818
That's a fucking dealership nigger

FIRST PAYPAL, THEN ELON MUSK, NOW MASTERCARD. IS THE SYSTEM FINALLY GOING TO ACKNOWLEDGE THAT THE ERA OF THE US DOLLAR IS COMING TO AN END AND CRYPTO CURRENCIES ARE GOING TO FILL THE VOID? IS CRYPTO UNIIRONICALLY AND INEVITABLY THE FUTURE FINANCIAL SYSTEM OF THE WORLD?

>>28374233
Checked
Also hmmm I wonder who will provide price feeds for mastercards crypto service?
Whos already doing that for most of the players in DeFi?

>>28374151
https://medium.com/paradigm-fund/stellar-mastercard-teams-up-with-stellar-stellarx-acquired-by-coinsquare-satoshipay-grant-249d57d0c9c

Anybody remember this from 2 years ago? Huge news for Stellar Lumens/ XLM

>>28373453
I'm strapped alright

>>28373818
>A FUCKING DEALERSHIP

holy shit it's a fucking commercial.
Like a giant king Kong balloon or a wacky waving inflatable arm flailing tube man

>>28374331
if it's not on chain it's not any different to the existing monetary systems. 144mb/day was full in 2017 forcing adoption to off chain

Why are stellarfags rejoicing

Guys, btc 55k in 24 hours. Big news coming.

>>28374274
let the games begin

>>28374775
Delete this.

>>28373516
Massive influx of normiebux. Imagine, it's not longer "that stupid made-up internet money" for them, now they can go shopping! They can play Wall Street with their bitcoin stocks, and make mad returns, and then actually go and buy shit with their profits. How tempting is that? Compared to a few years ago, when every once in a while the question came up:
>uh, guys, how do you cash out?
Now the exchanges offer their own debit card (partnered with VISA, IIRC) already, so MC had to step up as well.
Prepare for total mayhem.

>>28374308
>part faggot. Mastercard will now offer crypto payment channels through their network.
So what? You bought bitcoin at some point and then you got rid of it. That's a taxable event.

>>28374330
>cash out
>avoid the tax man
Pick one. If you give a fuck about ducking the IRS you never turn it back to USD

>>28374833
dont worry, most anons will ignore it

>>28374687
Mastercard worked with Stellar and more recently filed a patent for a similar tech to iota's tangle. If you arent stuffing cash into DLTs right now you're ngmi.

>>28374907
You're assuming they'll even use bitcoin. They'll likely use stablecoins starting with usdc. Again, if stablecoins become considered currency then that is not taxed. Or, they could even call bitcoin a currency under law. Ripples court case may unironically spark a bull run like never before if the SEC issues actual guidance on the differentiating factor between asset and currency.

>>28373814
>tfw I own a nissan CVT
If my transmission shits the bed right now I am so fucked, I need every cent I can scrounge together for this bull run. Thankfully I only drive like 30 miles a week.

>>28375023
Looks like capital gains will be abolished. The IRS is fucked and they know it.

They will only be accepting btc, eth and hbar btw

>>28373516
Incredibly bullish

>>28375422
I'm so sorry, Anon.

>>28374359
Huh, federal reserve monopoly money or mathematically secure code thats unhackables

>>28375023
I purposefully make as many small no cost retarded transactions as possible.

I downloaded my coinbase transactions and I have 5 pages in DAI interest from 5 dollars of DAI. My plan is to overwhem them with data. They only audit whales anyway, if they find out u owe them a few thousand a few years later they just send u a bill and a small interest charge this happened to me last year for non crypto stuff.

unironically litecoin

>>28373516
LTC NIGGAAAAA!!!!

Do you guys unironically think Bitcoin will be mainstream?

>>28373453
i don't own a master card

>>28373453
UHh WTF is mastercard, sounds like some kind of master/slave "card". Why is this white supremecist "card" still in use?

bitcoin cash? Bitcoin is too slow for these consoomer payments.

>>28374331
They will. And it’ll be hilarious.

>>28373453
>Paypal late last year
>Visa two weeks ago
>now Mastercard

What the heckin HECK, guys.

>>28376081
Fednow exists idiot. It’s fedcoin by 2023.

>>28374274
>tfw chink exchanges will probably have more integrity when it comes to keeping custody of your coins than multinational megacorporations

>>28373453
Bitcoin will be initially accepted but phased out of the system for CBDCs

ALGO. Fastest transactions, lowest fee. Stay hard

>>28374274
>>28374331
>>28374813
>>28377859

ahem

>>28376312

>>28377996
Muh 4 second transactions

>>28373667
>thinks Nissan a fucking car company accepting payments in doge is comparable to Mastercard embracing crypto
NGMI

100x