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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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55636745 No.55636745 [Reply] [Original]

>> No.55636782

>>55636745
Doesn't really matter when the cash disappears they'll use it

>> No.55637124

>>55636745
Bitcoin solves this issue.

>> No.55637965

>>55636782
They'll just use USD or Euros

>> No.55637994

Probably because they think it’s the mark of the beast (it is). We’ll just have to starve them out by making all other transactions invalid without CBDC’s (we will).

>> No.55638031
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55638031

>>55637124
It literally does in Nigeria. Nigeria is ground zero for the BTC v CDBC issue, ie the future of money. They are choosing BTC.

Out of control and rising: why bitcoin has Nigeria’s government in a panic
https://www.theguardian.com/technology/2021/jul/31/out-of-control-and-rising-why-bitcoin-has-nigerias-government-in-a-panic

>> No.55638041

>>55636745
>Nigerians do not trust Nigerians

>> No.55638047

>>55638041
>Nigerians do not trust (((Nigerians)))

>> No.55638091

>>55637124
>>55638031
It doesn't solve shit you stupid retards, since Blockstream destroyed bitcoins functionality as cash in 2014.

>> No.55638113

>>55638091
Monero solves this issue.

>> No.55638128

>>55638113
No it doesnt solve shit you dumb fucking retard, the only reason its not congested is because nobody is using it but they have the same NPC retard blocksize philosophy as Kikestream.

>> No.55638148

>>55638091
>>55638113
A massive number of Nigerians already use Bitcoin dipshit. And lightning network works, no matter how hard you sneed about it.

>> No.55638171

>>55638148
Prove it redditnigger. Prove it that they're using it for day to day commerce

>> No.55638181

>>55636745
Strength to them in this. CB DC is the worst thing that mankind has invented. An invention capable of making whole nations and countries slaves.

>> No.55638187

>>55638128
Wrong.

>> No.55638204

>>55638187
NPC nigger go back to plebbit

>> No.55638216

>>55638204
I never went there, there's nothing to go back to. Also....every dyed-in-the-wool npc that I've ever met thought they were some kind of mind reader.

>> No.55638218

>>55638148
His issue about BSV and is unrelated to the issue of CDBCs.

>> No.55638221

>>55637994
Undoubtedly, a parallel economy will emerge and this will destroy Nigeria's economy. Cbdc's only work if everyone complies.

>> No.55638228

>>55638204
Schmuck, suck in silence, what the fuck are you opening your mouth?

>> No.55638286

>>55638216
youre either a redditnigger or some kind of polturd NPC, subhuman piece of shit too dumb to reason

>>55638228
nigger

>> No.55638291

>>55638286
your mom

>> No.55638318

$45 is unironically like a monthly wage in Nigeria, this isn't a problem for a majority of their population. Also many of them don't exactly use banks or have consistent internet/electricity so none of this really matters without the infrastructure necessary to do it. I would be more concerned when they try this in a more developed country.

Also this >>55637965

>> No.55638380

>>55636745
>Niggerians
stopped reading right there

>> No.55638642

>>55636745
N

>> No.55638818

>>55637965
Or barter.

>> No.55638908

>>55638031
Never thought I'd never this big of a white pill from Nigeria of all places.

>> No.55639094

>>55637124
>Bitcoin solves this issue.

SPBP

>> No.55639304

>>55638031

XRP is the saudi/russian token

LINK/BTC is the western token. There's more room for error and to capitalize. Unironically China is more capitalistic than the US nowadays.

>> No.55639393

>>55639304

both worthless shitcoins though

>> No.55639854

>>55638113
They dont get it

>> No.55639902

>>55638128
There's nothing wrong with BSV as such, but trying to "advertise" it by calling people "kike NPCs" for seemingly no reason (unless they happen to be reading your thoughts) is not only incomprehensible, it also mirrors Craig Wright's universally antagonistic behavior that is majorly responsible for BSV delistings and unpopularity.

>> No.55640067

>>55639902
I think it's because he lies and says he created btc. He'd be more popular if he was honest. Antagonistic behavior is easy to overlook. Saying he time traveled and rode a dinosaur and that he can totally prove it though? If he never attempts to prove his dinosaur adventure then eyebrows are going to be raised.

>> No.55640924

>>55639902
I'm not advertising BSV. Craig is a deranged scammer. You're a fucking moronic retard.

>>55638318
so about a monthly wage to send one (1) single transaction with the BTC shitcoin, after kikestream ruined it

>> No.55641065
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55641065

>>55638908
Me as well. All the dystopian CBDC themes from /biz/ over the past few years are playing out in Nigeria in real time.

AS ITS CENTRAL BANK LIMITS CASH AND PUSHES A CBDC, NIGERIA NEEDS BITCOIN
https://bitcoinmagazine.com/culture/cash-limits-cbdc-and-bitcoin-in-nigeria

https://finance.yahoo.com/news/countries-using-cryptocurrency-most-210011742.html

>> No.55641171
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55641171

>>55638171
>Prove it
Now you're moving goalposts. But since you sked:
"According to Senator Ihenyen, fintech lawyer and general secretary of Nigeria’s blockchain association SiBAN, a self-regulatory body in the industry, adoption trends show that the largest use cases for crypto are in remittances and P2P trading.
Nwachukwu confirmed this, adding that Paxful’s Nigerian customers are very knowledgeable and have evolved from using bitcoin only as a form of speculative investment to making online payments, cross-border remittances, freelancer payments and e-commerce."

https://www.coindesk.com/policy/2020/10/21/nigeria-protests-show-bitcoin-adoption-is-not-coming-its-here/

>> No.55641610

>>55641171
stupid nigger, your dumber than the blackest nigger in nigeria and youre not even black

>> No.55641726

>>55641171

/r/buttcoin btfo

>> No.55641733

>>55641065
>they need bitcoin!
*check tx fees*
Yeah ok, more like they need XMR for privacy and XRP for nearly free and instantaneous transactions

>> No.55641763

>>55641733

Bitcoin's transaction fees are 1 cent if you're willing to wait a little bit. The shitcoins you mentioned are worthless and used by nobody.

>> No.55641795

>>55641763
>line up to buy my daily cassava serving for 30 cents
>kikestream fee is currently 2 dollars
welp I guess i'll go without food today

>> No.55641808

>>55638031
Sneedy E

>> No.55641942

>>55641763
>bitcuck delusions

>> No.55642142
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55642142

>>55641733
I don't know what they need. I'm just reporting they're using BTC in revolt against the CBDC, and that this may foreshadow similar future monetary conflict in other places. So I pay attention to it as a BTC investor.

Nigerians reject the country's CBDC in favor of decentralized cryptocurrencies
https://www.kitco.com/news/2022-11-03/Nigerians-reject-the-country-s-CBDC-in-favor-of-decentralized-cryptos.html

>> No.55642198

>>55637124
>>55638113
Both based, this kills the ZOG

>> No.55642200
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55642200

>>55642142
*I'm not trying to be a BTC maxi. I like money in all its forms and want more of it. That being said, I would LOVE to see Nigerians fuck over their corrupt government with BTC.

>> No.55642253

Are we really going to move to BCDC?

>> No.55642271