/biz/ - Business & Finance

>>50989023
ur not gonna stop me from 100x longs, blackrock jew

>>50989023
>allowed to
Not allowed to, but just not possible. Lern the diff

And yes, thats worth trillion dollars. Also yes youre a retard

>>50989041
i hate kikes, niggers, faggots and especially blackrock kike jew faggots buying up single family homes to enslave us all

it doesn't disprove what i said you fucking retard

>>50989042
no you're a double nigger

Yeah but its japanese so weebs will buy it

>>50989061
i unironically think "satoshi nakamoto" is the CIA and bitcorn is their way of funding black ops in this century

IM NOT SUICIDAL

go to sleep faggot your shift start in a few hours

>>50989023

Not only is this analogy accurate, it is less efficient than just trusting people and nearly everyone involved in crypto is tied to centralised exchanges anyway, breaking the entire point of a truamstless system.

But it is different this time, or so you will he told by a bunch of undereducated and underemployed losers who can't hold down a job and an army of teenagers who are somehow smarter than everyone.

add but not edit?
sweet, now we can fight the FED
couldn't do that with an Excel sheet!

hOLd news

>>50989087
>nearly everyone involved in crypto is tied to centralised exchanges anyway
there's little bitcoin on exchanges compared to total supply

>>50989041
>>50989042
>>50989061
>>50989076
>>50989087
>>50989095
>>50989099
>>50989106
CAN ANYONE FUCKING REFUTE WHAT I SAID

what makes bitcoin different than some retarded excel sheet that we all get to add to BUT NOT remove prior data? seriously? is that it?

literally NO ONE has ever explained to my why this is useful. or WHY this is a currency. its literally neither

and yes i hold crypto you stupid retarded niggerfaggot kikes. i just want answers

>>50989149
it is censor-resistant, excel sheets are not

>>50989056
it might not disprove it but it only proves that you are indeed a blackrock jew

>>50989159
>censor-resistant

explain. wtf are you talking about. a blockchain is just a distributed ledger (record) kept across multiple computers. SO WHAT. who cares. "its decentralized", yea its a stupid spreadsheet across multiple computers, of course its decentralized

>>50989171
you're a dumb nigger

>>50989149
It’s woke
I’m personally holding
Pro choice coin
No gun coin
And
Vaxcoin

>>50989180
it means you have a form of money which improves upon traditional forms of money in various ways but does not depart from them
think algorithmically guaranteed scarcity
https://unenumerated.blogspot.com/

and at the same time governments cannot sabotage it and change the rules

when your society has sound money, it should improve in every respect. not just economically, but socio-culturally as well

>>50989194
not an argument

>>50989206
i like this, i will look into it, thanks

>>50989149

It's supposed to be trustless - so two parties who don't trust each other can both transact fairly. Using excel you need a trusted party.

I do agree though, crypto as a concept is retarded and it's modern implementation is nothing but a get rich quick and pyramid schemes preying on retards.

>>50989777
it's not perfect but bitcoin is good
there are some other projects that are good
kadena
kaspa
whatever retail does with that, well, it's retail, we shouldn't expect all that much
so far they've been doing okay though, a lot of bitcoin is in cold storage
the unfortunate thing is that
> crypto
means a whole lot more than the proof of work blockchains and includes lots of crap
you shouldn't conflate the two terms

>>50989023
>literally an excel spreadsheet
t. literally no computer science background + economically illiterate

>win more rewards
>enter the trading competition to win
>win father's day jackpot
>fractionalised jpegs that you and 9 billion other idiots can own

It's the future man like you know

>>50989023
It is 100% editable though, all it takes is 2~4 big players to agree that something needs to be changed and they can change it as much as they want. With some networks the devs can change whatever they want, meaning the chain is actually owned by them

>>50989023
If it was just that it might have some use. At any time, if enough niggers in charge feel like it they could hard fork and do whatever the fuck they wanted.

Theoretically they could up the 21 million bitcoin limit for example. It's literally just a line of code.

>>50989056
> just the cock of the status quo bro, just not the cuck of all the groups I hate, please such the cock of my people only bruh

>>50989056
> just suck the cock of the status quo bro, just not the cock of all the groups I hate, all other cock is fine to suck bro

>>50990025
kek
> just hard fork bro everyone will follow

>>50990273
Worked for etherium. Works for all the shitcoins.

You telling me you're absolutely sure it will never happen to your shitcoin of choice?

>>50989229
its 2022 and you’re asking what are the perks of a blockchain vs fiat. imagine being more of a faggot

>>50990332
> worked for ethereum
for one, not really
second of all, that's *with* consent of the participants
why are you assuming nodes *and* miners would consent

>>50990332

in reality this is a non issue. forks are good, they allow for contiuous improvement.

why is it that you care about a hard fork? you realize with a hard fork you still keep the coins you had pre-fork right? plus get issued new coins.

name me a hark for where people (other than hackers) that lost money on a hard fork?

>>50990613

hark = hard fork*

>>50989149
All cryptocurrency is a decentralized pyramid scheme. Which means that there will ALWAYS be more losers than winners, since it’s a zero Sum Game.
The only way to “make gainz” in crypto is if SOMEONE ELSE LOSES MONEY.
This is why I’ve never bought crypto, I recognized the grift from the start.

>>50990682
no, that's because you look at its value in fiat terms
people like you are a dime a dozen in this market and completely misunderstand the point of bitcoin
that you wanna make money for nothing is cool, but it's not what bitcoin is about

>>50989149
Bitcoin is gay but when you add ethereum and Chainlink you get the closest thing to the god protocols. I suggest you read up on that

>>50989023
correct. you have figured it out.

>>50989180
It's an important spreadsheet. All of finance is like this. You think stock shares are a material object? Banking? Insurance? It's all just dumb simple accounting and it runs the world economy

>>50989023
>alllowed to add but not edit
Kikes can't destroy integrity
>trillion dollar industry
undervalued.

>>50991164
>when you add ethereum and Chainlink
great, one badly designed and increasingly centralized chain + a centralized authority-based protocol
godly

>>50990797
> that you wanna make money for nothing is cool, but it's not what bitcoin is about
Tell that to all the retards talking about Crypto to the MOON, FUD, Buy and HODL, etc. it’s a huge scam and you’re in on it, or (more statistically likely) have already lost money to other scammers.
If you want something to be a “store of value”, then you’d have more of your money invested in stocks, bonds, real estate, gold, silver, and ammo. Owning “digital assets” is retarded since there’s no barriers to entry and literally anyone can invent a crypto and market it to be the “next big thing.”

>>50992449
bitcoin does fine
whatever
> crypto
does is irrelevant
it's like saying stocks are all useless because there are some meme stocks

>>50989023
>he doesn't understand how powerful and valuable a trustless, decentralized, distributed, global, immutable ledger is.

ngmi

>>50989023
A bank is just an excel spreadsheet that you CAN edit

>>50989149
Nobody owns the Excel sheet, that's the whole trick. And you can add Macros to some Excel sheets that calculate new values. But that's basically it, yeah

midwit understands something but not it's ramifications: the thread

>>50989149
>what makes bitcoin different than some retarded excel sheet that we all get to add to BUT NOT remove prior data? seriously? is that it?
>literally NO ONE has ever explained to my why this is useful.

lol retard
>excel sheet that we all get to add to BUT NOT remove prior data

that's the point

>>50992180
One thing you should understand is that there is no full-stack decentralised system right now, but the advancement is not non-stop.

>>50990682
Hey retard, stocks and pretty much any other asset in the known universe works exactly as you just described.

And before you open your slackjawed inbred mouth and scream "BUT THEY HAVE ACTUAL USE CASES", there is value in the trustless, borderless exchange of assets and the technology that facilitates it.

>>50989023
In a world where you can’t trust anyone. This becomes a value.

>>50989023
>A blockchain is literally just an excel spreadsheet
Learn to distinguish between the two retards. Let me remind you that many institutions are buying into this tech, especially enterprise blockchain.

>>50992180
You hold Link

>>50992728
bitcoin is pretty close, or kaspa or kadena

>>50992790
So much ignorant gunk here in this thread. The tech here is spanning into real-life applications.

>>50992987
Close to been decentralize or what?

>>50989955
It’s a ledger with some fancy programming that allows people anywhere to make ledgers without cheating others. It’s not that complicated, the illusion of complexity is what keeps people from seeing how useless it actually is lmfao

>>50992987
There are many working their way to providing that. I'm curious how Geeq's proposed blockchain features will turn out, including that of ren as well.

>>50989149
The owner of the spreadsheet can edit anything and lie. On the blockchain, no one can lie (without a 51% attack etc.). It's not complicated.

The owner of the spreadsheet lying happens every time the fed prints money from thin air, inflating away your hard-earned wages. We want control of our own money.

>>50992474
>bitcoin does fine
Except for everyone who bought at the top (or any amount over it’s current price) and are now left holding the bag until someone else dumber than them buys at a higher price.
That is why all pyramid schemes fail; eventually, you run out of people willing to invest, and all the bagholders are left holding their bags.

>>50989149
who edits the ledger, a decentralized network of miners, or 2 Jews whose prime directive is protect the tribe?
Fucking newnigs asking shit that we grasped in 2013.

>>50992790
Hey retard, the usecase is extremely limited, which is why it hasn’t caught on in countries like Venezuela, North Korea, Ukraine, Russia, China, etc.
Stick with your shitcoins, I’ll continue to hold assets that have actual, tangible products/services.
All it takes for Bitcoin to be over with is a blackout, which typically happen in shitty countries.

>>50989023
>this entire trillion dollar "industry" is the most retarded nigger shit i've heard of im my entire life

The world reserve currency is controlled by 12 Jewish investment firms.

>>50993250
>"the usecase is limited because....I SAID SO!"
>couldn't even spend a single neuron to verify your baseless claims
>also a stock/assetfag who can't see that their digital IOUs are also "ponzis" that function just like crypto

Who do you think funded your gains you stupid dumbass?

>>50989023
>A blockchain is literally just digital graph paper that we're all allowed to add to but not edit

>>50993042
yeah

>>50993154
i was talking about the tech not the price
a pyramid scheme is a fake company with fake promises depending on new user inflow
bitcoin doesn't give a shit about that, only people who buy bitcoin for the gains do

>>50993620
I'm not in any way familiar with the last two ecosystems and their frameworks. Nevertheless, I believe blockchain is on an uptrend in terms of advancement. Things will get clearer to those doubters with time.

>>50989149
>literally all of politics is talking
>literally all of manufacturing is converting raw materials into things
>literally all of computer stuff is just 0s and 1s
you ever stop and think you might be a fucking retard for having google at your fingertips yet refusing to look up reductio ad absurdum?

>>50992180
I prefer decentralized blockchains anon. So users can have financial freedom. Good thing there are privacy solutions in the space to allow users to make transactions without third-party permissions.

>>50994459
Sylo is already on top of data privacy and decentralization. Together with Seekers, Okaybears and Flufworld, they envision multi-metaverse communication devoid of hacks and third parties

>>50992554
I can't. Jews can

>>50995686
Based. Privacy projects would go a long way in eradicating hacks from the space. Since all data would be hidden from bad actors and hackers.

>>50989023
try to delete bitcoins then you fucking niggerkike

>>50989023
You are retarded. Its ok.

>>50989023
What is immutable data?

>>50989023
You are 100% correct.

except nobody cant turn it off

>>50989023
based 1000 iq

>>50992877
Enterprise blockchain like Geeq will be able to provide a better data solution which is secure and flexible. I'm not concluding yet, but that's what they're building right now.

putting my life savings on cell c2, dont steal my shit niggers

>>50989023
>>he's starting to get it but he still bought the useless eth forks that do nothing

>>50989023
You're right.

Blockchain only has a single use case; to prevent bitcoins from being double spent

>>50996763
Too good to be true

It has financial incentives to do the "adding" thing which you're saying. Miners are rewarded some bitcoin if they are the first ones to solve a puzzle, after solving it the show their answer to the network the network approves it and that miner gets to add the new block in the chain.

Also as it's decentralised, it reduces the risk of corruption which is human nature.

Bitcoin solved a computer science problem and added incentives on top of it for the adopters.

No one does shit if they don't have financial incentives, so some people are doing it for the incentives, others are just trading the hype and the cycles keep going on.

>Who would win, the entire international banking sector? Or one excely boi

>>50989149
You can't just "add" to the ledger. Your actions on-chain must be verified as legitimate first via proof of work first. If anyone could add to the chain it would be retarded and useless

"Append only" is just a dumb ass take. Is anything with an audit history "append only" or "not allowed to be edited," Just because you have a history of changes that were made doesn't make it impossible to edit, fucking retard.

>>50989023
Gold is literally a shiny rock and stocks are literally a number on a computer.
kys

>>50989023
Anon you are perfectly right, you should immediately sell everything. It's a scam, glad you finally noticed.

>>50989955
>t. easily impressed by fancy buzzwords while being heavily invested in excel sheets
hows your excel portfolio doing, anon?

>>50999460
>stocks are literally a number on a computer
>t. excel sheet bagholder
are ya winning son???

>mfw fiat money is literally some jew typing digits into a terminal

>>51000902
??

>>50997235

>>50997774
The product is not out yet, but they'll be able to deliver it soon. Don't be pathetic, as if you research them, you'll see they're working, you gangster.
>>50999460
Oh yeah

>>51001580
I lost my face help me find it

>>51001880
You boring

As if FIAT records aren't literally spreadsheets at the banks where they can just poof whatever additions they'd like into existence with an I.O.U. while any you added was made through proof of actual work paid out at the bottom purchase value of those loans while the government just edits whatever the fuck they want.