/biz/ - Business & Finance

africans use btc to buy food and single cigarettes

>>55206320
On L1? The fees are >$10 for single transactions there.

>>55206349
you should do research instead of being a rat in a liquid staking trap and spamming link threads

It's digital gold. In an era where every single international currency is inflationary, a fully secure deflationary store of value is very valuable. People in hyperinflationary societies like Argentina, Turkey, and Venezuela see it as a godsend. People in richer, stabler societies value its high upside and as the years pass, volatility continues to subside, it's here to stay.

Bitcoin, that is. Everything else is a pretender that comes and goes.

Niggercattle had 15 whole years and STILL don't understand, HFSP, bitch.

>>55206360
I see the fudders have gotten to you, as is their aim. While I do know which thread you are talking about, I did not post in it. But the aim of the fudders is to make you paranoid: to make you see fudders everywhere, so to speak - which you are literally doing right now.

>>55206308
Kek, not even trying.

>>55206385
perseverance slogans by a jew. How long does it take to unstake again?
gtfo ponzi peddler

>>55206308
speculation is not good enough?

>>55206385
You are losing it mod-sama

>>55206631
>>55206521
While I did mistake you for a LINK holder, the post does describe the dynamics of the situation in sufficient detail so as not to make this a surprise, nor you able to surprise me. I do hold some LINK, but I don't much care about it, and I haven't ever felt the LINK-FUD as applying to me, so it elicits no emotional reaction from me. I also know what you are doing on an explicit level, i.e. creating a sense of dread among holders whom you've traumatized. As explained, I am immune to this.

>>55206721
no. You are just getting paranoid

>>55206308
Tax evasion for the rich is all you need. Rich people then proceed to shill their bags to the normies. Trickle down ponzinomics.

>>55206802
rich people are bound by laws and Uncle Sam needs liquidity, and "rich" people in ponzi schemes have liquidity

>>55206360
Based as fuck

We’re betting on the satanic mark of the beast system since each day another passage of revelations comes true. We’re using the satanic beast system, to escape the satanic beast system.

It gets more obvious by the second that mods are panicking

>>55206784
I mean it does just inherently sound a bit like that, but it's nonetheless the case. I'm not annoyed by you bullshitting me, but it's not going to work.

>>55206967
Its obvious by now that this website and its administration is compliant in promoting unregistered securities. I promised I am going to destroy this website. Never piss off people like me for a cheap laugh

Sounds like you missed out on generational wealth? The usecase was to make millions you low iq imbecile. Hfsp

>>55206320
Which Africans? I live in Nigeria and literally no one even knows what this shit is. Most Nigerians can't even figure out a regular banking app let alone all the bullshit involved in acquiring Bitcoin. I'd say the overwhelming majority of Nigerians are on CEXs, the few that aren't are on BSC or SOL, I have met ZERO Nigerians who use BTC or who even know what a Blockchain is.

>>55207028
bsc and sol, no, eth, no. funnily enough some use trx network for usdt, but that is more south east asia. africa is btc

>>55207050
>Africa is BTC
I trade P2P almost weekly (debt cards are blocked from ALL online transactions here, especially crypto) this is something you can even check for yourself, the overwhelming amount of traders trade USDT, very few trade BTC, I.e no demand.

$1 is ~#760
Most Nigerians don't even spend that much in a day, you're delusional if you think anyone uses the actual Blockchain in Africa.

Kek hold on, is this like that Nigerian kid who larped about using BTC lighting and only had like 2 channels running on an old potato computer, and bitcoiners were hailing the little shit and throwing free money at him.
Kek my sides, YOU'RE GETTING SCAMMED
HAHAAHAHAHAHAAHAHA
>Give us money to develop Bitcoin stuff in Nigeria please
*Gets $1,000,000*
*Doesn't develop shit*
*Disappears in a few weeks*
Why are white people so easy to scam?

>>55207096
internal transfers a lot

>>55206308
Tokenization of real-world assets

>>55207160
dream on, unregistered security promoter

>>55207183
Emin is a literal advisor for the CFTC you illiterate mongoloid.
If anything, Avalanche is the safest coin when it comes to legal compliance.

>>55206308
>crypto's only value is to make you money, make you money and make you money
yup, sound about right, that's the real usecase (my $thing knows about it)

>>55208366
okay unregistered security promoter

>>55206997
I am not trying to piss you off for a cheap laugh.

>>55207160
Based

>>55206308
Distributed computing eg. Uqbar Holium urbit etc

>>55208494
meth trannies that run this board tried. And its over. promotion of unregistered securities. Tech gets heemed

>>55206308
tokenize your virginity on eth?

This argument is funny. There’s so many use cases for crypto it’s crazy.

One tiny one is my decentralized internet. Althea. Each router has an Eth addy and it pays as you go, profit share built into the router.

Don’t even need to list all
The other use cases you’ll just be using it before you know it.

>>55208758
Again, I'm not involved in this.

>>55208805
eth is done for good. They really took it to the next level. There is no redemption for eth

>>55206349
>on l1
nice portable goalpost
i refuse to play a rigged game though
africa and many more are in agreement

>>55208825
By "L1", mean the base layer of the network.

>>55208816
its not just 4chan. The entire social media circus is getting castrated. Too much power, overplayed hands, endangered stability

>>55208874
Once again: that might be so, but I have nothing to do with it.

>>55208895
that might be, and I admit I am a vindictive asshole, and its not me writing the rules. Just be warned, there are going to be more platform laws enacted, and the 2000s are definitely over. People just had enough of the tech bro type, and they are going to pay

>>55208944
I do agree. I'm a tech bro type too, and we are ignorant and haughty. It's just that we're necessary to the functioning of the modern world. That doesn't make us wise because we know this, but stupid for failing to live up to the task. Computer programming is, yes, shit. And yes, we do create these systems that we don't understand that then adversely impact people's lives. I'm trying my best, but this feels like piloting around a spaceship.
At least I'm trying to not cause others harm by it, I'd say that's a kind of step in the right direction.

>>55207096
>He thinks there are no niggers on the blockchain

who's gonna tell him?

>>55209208
Mass lay off already happen and software failed to create the growth and innovation they promised, so it is back to the roots. Production of real value, scaling down service and tech. Just don't go to the riots when the jews try to rile people up and wait for them on the other side to be jailed for property damage, rioting, inciting riots and so forth, to sell them to the production lines for 32 cents an hour

>>55209263
>the growth and innovation they promised
That really was a delusion. Of course, hindsight is 20/20.

>>55206308
Just tell wiggers they get bbc. Every wigger bitch I’ve ever met absolutely craves bbc. Just mentioning bbc makes wigger bitches start to drool. Wigger men also start precumming and wiping their mouths. It’s fucking pathetic.

>>55209281
I mean, some of them are still needed, but they are going to be a lot cheaper. The game happens on an international stage, out competing china, and it looks like the US is going to pull it off with some very nasty Machiavellian plays. Just don't get caught between the fronts sometimes tactical retreat is the smartest play

>>55209349
Thanks, I'll try my best to keep that in mind.

>>55206308
the only use is gambling

>>55206320
no they don't, nobody uses this shit like that

>>55210197
>Keep gambling goy
fuck off jew. Keep your bag

Based Kubo poster
That said, the entire point of crypto is to gamble on the internet.
It works wonderfully at it.

>>55210220
no that is (((your))) entire point. Glad you are about to be thrown under the bus. Go do that in china

Don't care. It works for me. Fuck the masses. Let them have CBDC if they can't help themselves.

>>55210317
they get fednow, and fintech, crypto gets killed and goes back where it belongs, underground away from corporations. the price goes down hard. dont get caught with the bag when the rats leave the sinking ship

>>55210348
>underground away from corporations
Good. I hate corporations.

>>55210352
perfect then stop using anything but btc. No eth, no avax, no ada, no bsc, no some random dev mill scam "meme" coin. And if you want to gamble, go to Atlantic city or Las Vegas

>>55210364
I use none of that garbage.

>>55207160
Tokenization is the key to unlocking the full potential of the digital economy.

>>55206308
To paraphrase a certain saying, crypto is a solution to a problem few people are aware exists, and the beneficiaries of these problems are well equipped to defend themselves.

Bitcoin was invented as a tool of monetary exit. In a way it's achieving this goal by competing with fiat, but it's just not going to be the "one true currency."

The rest of the ecosystem is still too technologically immature to compete with legacy institutions, but evolving with each passing year.

>>55206308
I did. Study properly so you can choose your bags well, anon. The opportunity is literally in front of you.

>>55206308
I did. Study properly so you can choose your bags well, anon. The opportunity is literally in front of you every day.

>>55211726
cashing out, as long as it is still possible?

>>55211734
Actually, it's better than most of the payments that exist in the world, people are just afraid to evolve.

>>55206308
>he still thinks crypto is about being a currency
The experiment has failed, volatility and fees alone make it worse than cash in most use cases. A security is not going to replace fiat money if it's inconvenient to trade and constantly fluctuates in price. Most consumer crypto exchanges are just based on speculation.

That doesn't mean you can't make money off of it.

>>55212364
Do you think fiat are safe? Kek I feel sorry for your ignorance. With the quantum computers on the rise there is big threat coming. All wire transfers can be hacked with these fucking computers. But a quantum resistant blockchain is working to negate this and has plans to ensure security to multiple sectors.

>>55206308
nigger it's for sending money

>>55206308
It's the hecking future of digital trade.

I love to pay 50$ of ETH for each transaction.

>>55213811
The gas fee is a fucking pain in the ass. I am waiting for an L1 that will offer fixed gas fee pegged with USD. This might be a savior after all.

>>55206308
You're still decades from now when holoride's retrofit has been giving me the best in-car entertainment with the Retrofit pack during lengthy road trips
>already in German, the States, Austria and now moving to other Asian countries

>>55206308
You think people moving to Defi are doing it for Fun?, Financial privacy is the trigger and it working.

>>55206320
Fuck you

>>55214262
DeFi is literally doing more than typical banking shit, for instance x exchange gives over 20% apr on its low caps like itheum and Ride which exceeds what comes in on savings account

>>55212296
I'll take crypto payment anyday as long as my transaction details are not exposed on public ledgers because that's the essence of it in the first place.

>>55214262
>Financial privacy
Financial privacy of gambling?

>>55207183
My chosen token has all the loicenses and financial credentials needed to do literaly everything, far more than any other meme token or shilled trash. No I will not tell you what shitcoin. Stay poor.

>>55214384
Oh fuck off, you delusional nitwit. Go back to living under the rocks.

>>55206308
>no one has found an actual, practical, day-to-day use case for crypto that will trigger mass adoption
Altcoinistdao token will be used to gain access to presales, nft drops and passive income

>>55214262
>Privacy
>Defi
And of course a frog. Typical jew spreading lies and ugliness

>>55213901
It partnered with Porsche to make it stay at the forefront of innovation and offer its customers the latest technology and entertainment.

>>55216427
>We partnered with a dead industry
>Buy out bags
>plese
Lol

>>55206308
Number goes up. You increase your funds. That's been the practical case for crypto all this time. You've either been smart enough to buy or been dumb enough to stay out.