/biz/ - Business & Finance

>>53392200
>> bitcoin
- promotes building faster better chips and hardware
- helps energy network, green producers with too much energy can use extras to mine.
- mining means open network permission less.
- etc etc
so Bitcoin makes the world advance faster and helps the physical world.

>> ETH
- the rich stake eth and get more eth because they have eth.
- we burn now so the rich get even more rich by doing absolutely nothing just sit on their eth
- banking 2.0 digital boogaloo
>BTC
unconfiscatable hard money that cannot be printed out of thin air
same rules apply for plebs and billionaires
you don't change Bitcoin, Bitcoin changes you
>ETH
OFAC censorship compliant smart contract platform that made a 72% premine and then switched to Proof-of-Stake (also known as FIAT money with extra steps and rentseeking 2.0 with lifetime privilege of premine whales becoming richer and richer with no extra work input)
you don't change Ethereum, it's Vitalik, the swiss ETH foundation and J. Lubin (Consensys, aka JP Morgan) who change Ethereum roadmap and monetary policy (monetary it's a big word anyway)
ETH proponents say that it's boosting DeFi, when you go to check DeFi they mention things like stablecoins who introduce like 7 layer of counterparty risks and other things like tokenization of assets held by third parties
fucking kek, what a joke

>>53392303
/thread
Nice reply anon!

>>53392200
Patrician taste, but NGMI it unless you have $200k invested

>>53392503
I'll have $100k worth invested every year. What else do you recommend? I have more money I've been setting aside for mid/micro caps to lump buy. Was thinking 40% BTC, 40% ETH, 10% Mid cap, 10% Micro cap that could 100x

>>53392200
hodl

>>53392200
You already made it if you can spare $1000 weekly.

>>53392200
Adding to that patrician tastes

Investing in high market caps.
Pleb af.

Look to get into Waves, Sushiswap, and Avax. They are solid bottom and low market caps. May witness an unprecedented increase. IMO

>>53392303
>- promotes building faster better chips and hardware
Faster ASICs that serve a single purpose and are useless within a few years
>- helps energy network, green producers with too much energy can use extras to mine.
This is never actually done, most cases presented are forcing other nearby areas to use dirtier methods of energy production to meet demand. Only genuine example is gas flare which is such a small amount of total power used for BTC it's laughable to call BTC 'green' in any way

Also Bitcoin is heavily centralized with just three pools making up 51%+ of the total hashpower, and two nearly making 50%. People can claim that you can just go to another pool, but all it takes is one moment to fuck everything up. Ethereum isn't much better either if you're going to claim I'm a shill for that or some other PoS blockchain

>>53392200
But NFT's