/biz/ - Business & Finance

>>50210404
a pyramid scheme running out of fools

>>50210404
>blockchain is a beautiful tech
it's fucking useless

beautiful tech?

it's a scam for retards like you buying into the ponzi schemes of 30 year olds

>>50210419
Except that's literally every asset ever and that hasn't stopped them from pumping afterwards
>>50210404
It's a bear market, man. This is the shit year. Next year and onwards will be green. Just know an ~85% drop from the ath is not unexpected for btc bear markets (but sadly this bitch had no blowoff top before entering the bear market).

>>50210419
was blockchain actually initially developed for the money or did we just monetize it?

>>50210480
>Except that's literally every asset ever
utter bullshit, what about an oil refinery?

>>50210429
Retard. Documents all transactions automatically. Transactions can be made to be immutable. Both of which take away the need for a middleman.

>>50210435
Dumbass. Read above
>>50210497
what about it? All assets are traded in a speculative bubble way and just happen to have a narrative attached to it.

>>50210429
Only a retard will call an immutable tech useless. it seems your brain was built on Solana

>>50210502
and instead of paying a small fee to the middleman you pay for the energy to run it.
the main problem with modern fiat is overissuance against unproductive activity.
this could be solved by the gold std, making banks intermediaries again (in the main part) and retaining the existing settlement model.

>>50210480
Today I learned that grocery stores are pyramid schemes and food is not needed. Shelter? Pyramid scheme. Fresh water? You got it, pyramid scheme. You should be more irritated about the soulless monetization and shoehorning of Blockchain into trash (IT'S A CENTRALIZED BANK ACCOUNT...BUT ON THE BLOCKCHAIN AND WITH NO INSURANCE!) than simply dismissing everything as inherently worthless

>>50210512
your pathetic mutt brain can only think in terms of speculation. there was a time when the USA wasn't just a bunch of cucks passing paper around in a circlejerk.

>>50210512
>happen to have a narrative attached to it.
an *oil refinery* has "a narrative"
you are a miserable excuse for a human

>>50210529
>small fee
A salary isn't a "small fee". Blockchain is the next step to automating payments.
>gold std
Your shitcoin isn't going to be relevant ever again

>>50210435
It's clear you went in for the money, and you didn't even do the right investments, sorry anon.

>>50210534
>inherently worthless
cockchain has been around for over a decade
what are its uses?

>>50210502
And vastly improves transparency.

>>50210404
I think lack of privacy is one of the major factor, because almost 90% of the already existing are without privacy, only a few like railgun, secret and co. are privacy by default, so many are trying to move to such now

>>50210534
Lmao retard. I mean assets that are traded on the market. Not shit in the grocery store, retard. I refer mostly to the s&p, nasdaw, etc.
>>50210541
You have low IQ and called a salary a "low fee" kek
>>50210551
Nigger subhuman. Something having "intrinsic value" doesn't stop it from being traded in a speculative way is my point, you bumbling idiot.
Real estate for instance has intrinsic value, but with the current market is it highly highly speculative. Basically being treated as an instrument to flip over and over again. You're low IQ as shit

>>50210560
it is spread across a nation, you simplistic fuck.
people like you are close to dogs in iq.
kiss goodbye to your bitcoin fantasies.

>>50210404
It isn't real. It's made up numbers and random words written on paper. You dont have any coins.

>>50210604
>it is spread across a nation, you simplistic fuck.
That won't stop it from dumping again :)
It's about to enter a bear market without even making new aths. At this point it sucks dick at even being an inflation hedge

>>50210404
A large number of world big players are staying off because of the lack of privacy.

>>50210404
>slowdown

>>50210622
>it isn't real!
Boomer take. I guess the internet you're using isn't real too. Kek

>>50210404
It's just mega retarded, nobody wants trustless money. The average person is fucking retarded and they want to be able to call support and get a refund because they accidentally sent money to phone number

>>50210658
it's not real because it's not legal tender for taxes.
that's what gives sovereign money value.

>>50210691
Slow adoption. US government for instance has been slowly working on regulating the space. People hate regulations, but it will in fact lead to more adoption because it will make the asset class more legitimate.

>>50210404
Would you want government regulation in a decentralized space? Privacy is all we need OP.

>>50210404
I typed a long response fuck jannies here. theyre incredibly lazy with their blanket spam protections.

>>50210404
>blockchain is a beautiful tech

i wouldnt even call it tech. its just software.

There are two meanings for useless. Can't be used, and can never be useful. Blockchain right now can't be used (it's useless) except for high-risk speculating on tokens and selling for profit to someone with even higher risk tolerance or to a greater fool. You can't even use it for anonymous criminal transactions anymore most places.

>>50210912
>Software isn't tech
midwit take

>>50210982
how are people like this still on biz?

>>50211091
We were here before you.

>>50210419
bears are still trying their best. who told you to buy some?

>>50210598
You have a point, many of these big players will jump in if they are guaranteed some privacy.

>>50210480
This is when you make money only, stop this analyst bullshit kek

>>50210982
>You can't even use it for anonymous criminal transactions anymore most places.
So why are some countries delisting XMR if it cant be used?

>>50211119
the question is why you feel so qualified to talk about crypto when you're clearly informed at a basic bitch level of information.

>>50210404
adoption is rising but the government as usual wants to tax gains on it otherwise they are crap, a stupid logic indeed

>>50210404
FUD is what has been stopping blockchain from moving forward at a faster rate then we ever imagined. But only smart boomers will understand my point here

>>50210778
How can you regulate something that is immutable? And keep it decentralized? Without those two things what would even be the point? Widespread adoption is never happening because transparency and immutability aren't desired features. Especially when copyright/trademark is such a gray area when it comes to putting content on the blockchain.

>>50210404
crypto is a casino

>>50210598
This is why I don't use xmr, already banned in my place

>>50211145
my next bagging is ETH at 500.

>>50211207
Good angle. what do you think will help the revolution?

>>50210982
This is the first cunt that I've met online today. Blockchain is very useful innovation and there's nothing stopping it from progressing, you arrogantly ignorant pajeet

>>50211227
>How can you regulate something that is immutable?
Stop saying dumb shit. Google is your friend

>>50211119
This. The longer you have been aware of it the more you realize its all a ponzi scheme. Speculate and sell your bags to greater fools while you can.

>>50211215
We are talking of the Tech here not your shit coin mooning.

>>50211091
Because they fucking want to prove how useless they are. They want other people to believe in them in carrying the FUD against blockchain

>>50211251
scrt is a good alternative, the privacy reserving smart contracts can be audited unlike xmr.

>>50211119
And you'll leave before he leaves, you Ranjeet of the highest order

>>50211296
Actually, Google is not my friend, I wish i could get out all my personal data they hold.

>>50211198
Because it cant be audited, criminals love that, but the government doesn't.

>>50210598
I agree. Monero is like the Bitcoin of privacy and despite the de-listing FUD that's going round, it's still a solid project, almost as old as Bitcoin, performing well. Secret on the other hand, is like Ethereum, also as old as Ethereum, providing programmable privacy in smart contracts of over a 100 sub-projects now on its ecosystem. Fuck the haters, blockchain is thriving.

>>50210602
>I refer mostly to the s&p, nasdaw, etc.
Typical anon loser is speaking

>>50210622
It's a math and it hurts you so much that you can't break the code, you slut.

>>50210628
What the fuck is that that you plebs are debating on about? It seems like you won't let the matter die. I hate arrogant pajeets

Stuck in the R&D/experimentation phase because everyone did their prototyping work on ETH and then ETH never developed the ability to scale like everyone hoped it would. It's simply not economically viable to use any of this stuff as long as it's still shackled to the dead-end of ETH's limitations. So now we wait for a competitor that can run the EVM better to slowly gain traction before the next phase of the industry can really kick into gear. The academics and the students they teach have all thoroughly romanticized ETH on ideological grounds, so there are roadblocks to overcome - but sentimental nerds *always* end up seething and coping in the end, it is inevitable.

>>50210629
Of course. That's why I feel better playing with my funds on the StakeEasy platform. No boomer has to put their own eyes on me

>>50210566
Everyone is here for the money. You might get rekt holding because you love the tech.

>>50210691
Get your ass back to school, pleb.

>>50211153
Definitely, they are just waiting for the right time to do that
>>50211251
Do you have an idea of why they were banned?

>>50210404
>what is the major factor in play here?

Isn't it quite obvious? Cryptos threaten all government issued fiat currencies. Blockchains threaten governments themselves, specially with the rise of DAOs.

>>50211608

>>50211260
We might meet you at your grave waiting for it.

>>50211284
Shutting down the government and let us start the great reset.

>>50211260
It is not going this cheap at any given point, I will but almost a million dollars it that happens

>>50211865
The more reason they will bring in regulation. We truly need decentralization.

>>50211349
I got an nft from stash market place and I could choose who can view the full image. that will be the norm about nfts soon. .

>>50211446
Yes, just of recent, they announced their plans to launch another gaming project "Bushi"
I will love to play the game since it's a shooting game

>>50211604
are you still staking in markets like these? give me a break anon

>>50211381
You cant so deal with it. I'm getting your nude soon.

>>50211865
DAOs are a wonderful concept, I'm not surprised if the government will ban them all.

>>50212010
can we buy some private nudes over it? I think this is a better way for models to make money

>>50212052
fucking why would they ban any dao

>>50211986
Yep. This century is going to be all about decentralization in pretty much all aspects of governance and internet.

>>50212013
I saw people got assaulted in the metaverse, I really think it is needed, hoping projects make it before that stupid-faced Zuckerberg

>>50210404
Nearly all news about the blockchain in the modern age is about scams, grifts and at best, optimistic fools who think they've solved something only for their coin to collapse to 0 as everyone loses faith. The inherent nature of it has acted as a hotbed for people to be taken advantage of, and at this point the majority of people who were interested have either gotten lucky and sold their bags, or lost money on it buying other people's bags.

Combo that in with normal companies embracing bullshit that simply exists to nickle and dime the average consumer and it isn't even surprising to me that the blockchain is mocked by all except the scammers trying to make you a fool so you depart with your money. Imagine being optimistic about it at this point.

>>50212205
Just stick your guns to BTC and eth and you are good to go, stop this other bullshit now.

>>50210837
We still need regulation in this space but privacy is still heavily undervalued.

>>50212028
That's the best thing to do. Just stake your asset if you know you will be holding long term.

>>50212028
I'm also not cool with staking or holding any coin that fluctuates in the blink of an eye. So I'm all stables but even with that, I'm holding a stablecoin that's wrapped in programmable privacy.

>>50210404
The gap between privacy and crypto has to be bridged before the space is ready for mass adoption.

>>50212473
Staking isn't meant to make you rich. It's just some passive income and a good way to hold your funds if you are not selling them soon.

>>50212097
Celebrities like Kevin Smith are already making money from NFTs by launching KillRoy was here on Secret Network.

>>50212663
That was a smart move my Kevin. I believe many other filmmakers will follow that step soon.

>>50212864
some other washed up filmmakers*

>>50212663
I haven't seen the movie though. This won't favour everyone as the movie is only limited to the number of people having it as NFTs.

>>50212473
You are missing out anon, apart from trading, staking is another way I put my money to work and earn passively, since the bear market started, I have been staking scrt & spool and the reward has been amazing

>>50212663
Don't be surprised that many NFT projects will also want to launch their movie or project on secret network, since the privacy is secured

>>50210495
good question anon. avax has been pushing the "we're a dapp/smart contact platform" for it's use case.

>>50212279
*Xmr and eth

>>50212473
Staking is cool I must say. It's a better way to hold your asset while you wait for the next cycle.

>>50212010
I'm holding my ANON NFT no matter what. I'll keep some SCRT to buy more at a cheaper rate.

>>50211145
It's actually the best time to DCA. Try to be smart.

>>50213663
Why keeping your scrt when you can stake it to wait till then?

The whole industry is waiting for DECO to go live

>>50213562
Does secret have nft market place?

>>50210404
>lack of privacy?
Monero exists and is being spent right now.

>lack of regulation?
too much regulation, any transparent chain has basically become a roundabout bank. Fuck's sake you literally have to pay taxes on it now.

The Issue is dumb fucks who keep pushing coins as "investments" rather than the spendable currencies they are supposed to function as.

The issue is blithering fools who do not even understand the technology they are dumping their life savings into, losing it all to some Bulgarian scammer and crying to Twitter about how terrible the big mean crypto world is.

Blockchains are actually horrible, inefficient and terribly slow, but for particular applications there simply IS NO alternative.

>>50213503
The rewards are nice but I'm looking at what makes them good long-term investments. Staking rewards are just added incentives.

>>50214239
It is called Stashh NFT marketplace fag. You can mint and buy NFT with enabled access control.

>>50212864
Many are already looking along the lines of NFTs and the metaverse. I can see big names such as Nas and Amanda Nunez investing big time in it and many more big names will follow as this NFT movie is now making a headline.

>>50210598
Some are still delusional. Privacy protocols would outperform many of the so-called blue chips.

>>50210404
All the governments and (international financiers) of the world hate Bitcoin because it removes their capacity to create free money for themselves.

They use their ability to create free money to smear and naked short Bitcoin to prevent adoption

>>50210404
lack of end user interface that makes payments easy.

>>50212210
this is hilarious because as soon as the price pumps the narrative will change to "its the future and youre an idiot for not having seen it lmao"

>>50215651
Defintely, that's why I don't joke with scrt, only if some plebs understand what the platform is building, they will jump into it