/biz/ - Business & Finance

the world is a better place with blockchain

>>53979207
Even 4chan would be a better world without crypto.

someone tell me what I should short for maximum cash in the great 2023 recession.
>ETH
I think a lot of altcoin dumps will go straight into this so it won't dump very fast
>BTC
same as above
>SOL
I feel like this is smart but I just made +60% by buying the FUD and selling it last month so I have a mental block
>TRON
what if everyone becomes a social media influencer when they get fired? that would be byullish...
>BNB
binance will just fake it to keep the price high
>AVAX
this is what I'm really looking at shorting desu but I don't know anything about it besides a lot of fags on this board like it

>>53979181
Are casinos good for society? That's pretty much all crypto is, a 24x7 unregulated casino. All the talk of benefits of blockchains is pure cope used by people to convince themselves they aren't just gambling on internet tokens or to lure in more suckers to gamble.

>>53979181
Public administration would greatly benefit from Blockchain, I think that's about it

>>53979251
welcome to finance retard

>>53979181
Everything aside BTC and ETH made crypto bad. Take me back to Satoshi days

>>53979181
Cryptocurrency has helped improved a lot of sectors, especially the financial sector, and I believe that with the adoption new tech developments like TIDV, it should get better

>>53979181
Crypto is changing the world more than UN as a whole.

QNT- Full Connectivity

DAG- Data Security

HBAR- Global Businesses

EWT- Energy Network

XRP- Unified Payments

TAO- Machine Understanding

>>53979181
let's see
>pnds
>rugs
>scams
>users LOSING wallets
>high energy demand
>not really p2p/decentralized
>hard to use
>slow

all this shit would be tolerable if it was AT LEAST censorship resistant
but it's not. tainted BTC/ETH are blacklisted, regulators everywhere are cracking down on personal anonymous wallets, etc.

and no, smart contracts have no use in the real world.

>>53979276
so finance is no good for society either

>>53979181
The highest financial scams globally were done in crypto with no trace of the culprits. SBF was unlucky.

>>53979181
USAID already joined the blockchain to assist AgriFi development in Africa.

>>53980371
How would you mention all these without mentioning NXRA that is bridging traditional institution and decentralized finance?

>>53980407
I believe that banks have the highest financial crime rate globally

>>53980294
Nexera will make life better for everyone in DeFi, so the future is bright

>>53980692
I've been seeing this for quite some time. I heard it will aid compliance and Tradfi participation in Defi.

>>53980371
You skipped Identity management - TIDV

>>53981406
What is this for?

north korea uses it to finance their nuclear program so in a way bitcoin will directly lead to the start of nuclear annihilation

this is good btw

>>53979181
society cant handle ponzi schemes apparently.

>>53979181
encrypted ledgers of information will be huge once ai acesses it for computational tasks and interpreting data.

the fact that ai is developing at a rapid pace i think is also due in no small part to cryptokens.

>>53981489
It's a protocol that encrypts KYC data.

>>53980692
Indeed it will be better because it offers privacy, security and self-custody.

>>53980400
Comparing lazy ponzi ERC20 tokens to finance is a bit of a stretch

>>53980415
As a key technology provider for agriFI, I believe Allianceblock can leverage its expertise in blockchain technology. This will certainly assist smallholder farmers to ensure that feed the future program is achieved.

>>53981406
You didn't even think of Data monetization program.

>1pbitd low effort thread
>20 fake replies nobody talking to each other.

>>53981856
these are all reabsctrated products of code.
comparing these things is more like an art.

>>53979181
The primary use case for Bitcoin was drug marketplaces, which could be considered a positive effect allowing people to access "medicine" in areas where it has yet to be legalized, but is also coincided by distribution of dangerous drugs like fentanyl and unregistered weaponry. Some view it as a righteous expression of self-sovereignty while others see it as undermining the rule of law in a way that is undemocratic. In terms of finance, I think the vast majority of speculation in crypto, including Bitcoin, is probably a net negative. My guess is most people lose money in the market, given that even professional money mangers rarely out-perform the indexes, let alone pseudo economists chugging one-sided arguments. I believe the fundamental value of distributed ledgers is provable cryptographic security in an adversarial environment where attackers can wage very powerful DDoS attacks, and as we enter the internet age it's crucial that we move away from symmetric encryption via passwords and familiarize ourselves with asymmetric public key authentication. Long-term it will be good, but there's a lot of negatives that will be waded through imo...

>>53980655
>I believe that banks have the highest financial crime rate globally

Every wagie on the board knows this but most of them believe they have no other option.

>>53981783
That sounds like a good way to handle Defi compliance issues. NexeraID must be closely related I believe.

>>53980371
Not to talk other partnerships like that of mastercard and gemini which helps with crypto payments.

>>53979181
One bulletproof privacy coin is all we need

>>53982788
What exactly is Privacy bringing on board cause tired of hearing mentions of privacy on biz.

>>53980415
I saw the post about its partnership with allianceblock in order to use its tech to achieve this

>>53979267
What does Public administration have to do with Blockchain? Where do they even meet?

>>53980692
I checked around and can't find this, has it launched yet?

Crypto mining alone has significantly changed our climate change for the worse so yeah overall its bad for society.

In b4 some jackass says other economic activities have generated far more greenhouse gasses. Just because the titanic is sinking doesn't give you the right to start taking a pickaxe and making more holes.

>>53983649
It's allianceblock product that will go live this month.

>>53981489
It has to do with regulation and complaint layer for DeFi.

>>53980380
ETH is not different from the other shitcoins

>>53981972
I learnt the agriFI project would go live this month is that correct anons?

>>53983751
It's surprising to see that the project quickly came back on track, this shows that the team is relentless

>>53979181
CryptMI built an application that made payment easier. I can comfortably access millions of merchants and buy anything from them and get loyalty rewards.

>>53983896
>ETH is not different from the other shitcoins

Only a retarded clown would make this sort of statement, considering ETH has proven times without number it's miles ahead of others.

>>53979276
Finance has a net benefit to society because it provides cash to start-ups and allows owners to cash out when they want easily. Some of it involves failures but it's done way more good than harm.

>>53979207
Like it's the only option for anonymity and privacy of transactions.

>>53979228
What about RAIL, SCRT, ROSE?

>>53980436
What's the basic problem that NXRA is solving. Don't know whether my brain is too based to find out or that they are doing many things without doing anything. Can you tell?

>>53982003
Still not a single person talk to each other here.

>>53982002
Still in the pipeline of what the Allianceblock is planning to build.

>>53982785
>20 new posts
There have been a lot of partnerships with MasterCard and VISA lately, CryptMi also offers virtual cards backed by VISA

>>53983896
Don't know the sort of sperm cells that formed ranjeets under Biz. What sort of understatement is this?

>>53980692
The most exciting features is the composable NFTs, metaNFTs.

>>53981785
Self custody and privacy the the game changer.

>>53982537
These ID management solutions are based together with Ore ID and Polygon ID

>>53982999
It's the foundation on which security of assets in DeFi will be built. Hope you've not experienced hack before?

>>53979181
Crypto will free us from the Slavery fiat placed on us that's why Gov don't like it that much, kudos to all crypto payment methods like Utrust, Bitpay, and Binance promoting crypto adoption, they are worth to be focused on

>>53979181
PoW Consumes a lot of electricity and it is not environmentally friendly

I think XMR is the only remaining crypto with holders motivated by something other than pure profit.

>>53979181
I pay with crypto and I can say its the best Invention human came up with, compared to fees I incur on PayPal with crypto I pay 10X lesser most especially through Utrust and I even earn 1.5% cashback

>>53979181
I've had my fair share of benefits from crypto in terms of rewards and passive income from staking alts like Ride, Crt and Egld ok the Maiar Dex

>>53985775
Not just game changer shit, unless the hacks that's rampant on blockchain is stopped.

>>53988204
Then you must have been snoring in the graveyard all these while. A Jew that chose monero over Nexera protocol is based forever.

>>53988014
That's why we have major crypto assets moving to POS, a move which ETH has followed through as well.

>>53988014
That's why we have major crypto assets moving to POS, a move which ETH has followed through as well.

>>53979181
Its great for society, the Jews currently monopolise the federal reserve which is a private company that print all money out of thin air.

This money that they print out of thin air funds wars and Israel who are actively engaged in the ethnic cleansing and genocide of the Palestinian people from their own ancestral homeland.

The Fed is also funding the war in Ukraine and basically is a system of debt slavery and war.

Crypto is different because just like the founders wanted, the people are in charge of the issuance of their own currency and money free from centralised control.

>>53985775
Self custody, privacy in chats, calls etc. Sylo is bringing all these together and most people don't how massive that narrative is going to be.

>>53991794
ETH is pos but still has ridiculous gas fees, make it make sense

>>53979181
I think the advantages of crypto are far more than it's disadvantages

>>53992097
I think the whole hype with self custody projects started after what happened with FTX, people are now woke and no longer leaving their coins on CEXs

I like to creep around my home and act like a red rabbit I don’t know why but I just enjoy doing this. Maybe it’s my way of dealing with stress or something but I just do it about once every week. Generally I’ll carry around a sack and creep around in a sort of crouch-hopping position making nibbling noises, then I’ll walk around my house and pick up various different 'trinkets' and put them in my bag while saying stuff like 'i am financially hippity hopped' and laughing maniacally in my bugs bunny voice ('trinkets' can include anything from shit I find on the ground to cutlery or other utensils). The other day I was talking with my neighbours and they mentioned hearing weird noises like what I wrote about and I was just internally screaming the entire conversation. I’m 99% sure they don’t know it’s me but god that 1% chance is seriously weighing on my mind.

>>53979221
glad you didn't say biz

>>53992234
Spot on

>>53992097
Aren't they equally into communications? decentralized messaging, calls and all that stuff

>>53979181
So much good can be done with crypto but most folks are only focused on pumping their bags and making gains

>>53992248
It'll be dumb and stupid to still do that in 2023

>>53992353
Just like Status, I recall social defi had so much hype at some point, not sure why it lost juice

>>53979181
Depends. I'm in profit holding ORE so it's good for me.

>>53979267
What data management can do. We always need DiD.

>>53980371
Add OREID- Decentralized Identity solution.

>>53992248
Fuck cex. Got my assets stolen on cex

>>53992191
Migrating to PoS was a huge blow to ETH

>>53992097
As far as self custody is concern, I'll prioritize cross chain interoperability.

>>53992234
The only disadvantage of crypto is getting hacked and wallet wiped out.

YLA & NEAR have placed me on a bullish feeling right now

>>53979181

What kinda stupid question is that?

I mean as every other great technology, it's all up to the people that uses it

>>53979181
Bad. It causes mis-allocation of human capital into useless technology (no, crypto as a technology is not needed). No one uses crypto as anything other than a means of getting exposure to the NASDAQ except Venezuelans.

>>53995212
That can actually be prevented with the Nexera protocol

>>53992191
ETH blew up its chance of becoming the king when it migrated to PoS and couldn't solve the gas fee issue

>>53996050
I hope it goes live this month and also Devs should also integrate it into their projects because it will be a game changer

>>53993902
Self custodying in a privacy enabled wallet saved me from the heartache of losing my assets to hackers.

>>53995212
Dyor on Railway wallet and thank me later.

>>53992441
I agree with you anon.

>>53992248
The FTX and CEXs shitshow also opened up the space for crypto users to see the importance of privacy as a means of asset security.

>>53991663
Its a gradual process you retard and based privacy protocols such as Railgun,Secret and the likes are making efforts to upgrade the privacy ecosystem for a more secured cryptospace.