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/biz/ - Business & Finance


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4531319 No.4531319 [Reply] [Original]

>ETH IS NOT A CURRENCY

>> No.4531375

No but it's a stable store of value.

>> No.4531405

>>4531375
>stable
>store of value

Wrong: ETH is a platform for executing contracts and Dapps don't work.

The end.

>> No.4531426
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4531426

Why would anyone pay for anything with an appreciating currency?

Im not going to pay 100 bitcoins for my house if those bitcoins could be worth twice as much in 10 years.

>> No.4531428

Did you seriously take a picture of a meme on your computer monitor with your fucking phone? Phone posters make me sick, especially when they are sitting in front of a computer.

>> No.4531431

>>4531319
>>4531405
>actually thinking this
/biz/raelis at their highest intelligence

>> No.4531455

>>4531426
Why would anyone save money in a depreciating currency?

Im not going to save $100 if those dollars could be worth half as much in 10 years.

>> No.4531476

Eth is a programmable store of value.
If you cant understand that then fuck off.

>> No.4531486

>>4531375
>store of value maymay

Well I guess that's it. ETH is over. A stable store of value is literally the last thing crypto is.

>> No.4531500
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4531500

>>4531455
>Why would anyone save money in a depreciating currency?

>> No.4531505

kek, now its ethereum thats a store of value

youre killing me biz

>> No.4531575

>>4531455
Just observing that the crypto 'mission' of peer to peer payments is totally undermined by large increases in value of these coins. People are only incentivized to use cryptos to increase their personal wealth through trading or hodling.

>> No.4531640
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4531640

>>4531426
Maker will be along in December. Lock up your crypto as collateral and spend fiat. Pay it off and get your crypto back.

This will be normal in only a few months.

>> No.4532114

>>4531640
Interesting, thanks anon.

>> No.4532341

Then how the fuck did I make so much fucking money poorfag?