[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 228 KB, 1368x911, 952821-242038954.jpg [View same] [iqdb] [saucenao] [google]
56491191 No.56491191 [Reply] [Original]

>you can carry billions of dollars borderlessly without no one even knowing you have any money by memorizing just 12 words
bitcoin is a fucking miracle.

>> No.56491292

>>56491191
>cant buy anything in btc
>can’t turn btc into fiat anonymously
It’s like thinking your thoughts have huge value so it’s a miracle I can carry my genius ideas over any border

>> No.56491629
File: 270 KB, 591x525, Screenshot (113).png [View same] [iqdb] [saucenao] [google]
56491629

>>56491191
Why would you keep billions of dollars in an asset with no yield?

>> No.56491645
File: 8 KB, 320x180, mqdefault.jpg [View same] [iqdb] [saucenao] [google]
56491645

>>56491629
to have.

>> No.56491659

>>56491191
I forgot my 12 words...

>> No.56491673

I can't remember 12 words

>> No.56491680
File: 331 KB, 570x452, Screenshot (211).png [View same] [iqdb] [saucenao] [google]
56491680

>>56491645
You're delulu. It'll drop to $200 million in a bear market.

>> No.56491686

>>56491645
>STAYVUN, I NEED YOU TELL ME ABOUT THIS COIN RIGHT HERE. HAVE YOU SEEN HER?
>no

>> No.56491701

>>56491191
You can do that with literally any crypto you stupid bitfuck. Have fun getting raped once global cross boarder crypto regulations drop.

>> No.56491706

>>56491292
literally false

>> No.56491753

>>56491191
> memorizing 12 words
yea good luck mine are bad enough

tenacious green pelican train thought bean fallacy sky cart housing rain tortoise

>> No.56491764

>>56491629
to save millions

also higher expected return and not having any cash problems? idk lol i dont have billions

>> No.56491793

>>56491706
False how?
>inb4 over the counter personal deal with high ranking criminals that will fuck you over anyway

>> No.56491801

>>56491191
12 words is too long for me

>> No.56491928

>>56491753
Anyone here remember when some anon accidentally posted his seed phrase as an image?

>> No.56491969

>>56491292
Atleast with Monero there is localmonero where trusted sellers with a reputation system can send you fiat in the mail in exchange for XMR in the first place lol.

This is why Monero will eventually be rank 2 or even rank 1 market cap

>> No.56492103

>>56491969
Unironically traded in my Monero sui stack for Chainlink 3month ago. Not hating on Monero but needed to bring my avg down and it’s was a good choice now with the pump.

Agreed. Monero belongs in the top 10. It’s the gold standard for privacy. And it’s proven itself to have been the best bear market coin for the 2021-2023 bear (lowest loss in both BTC and usd). Will be picking some up next pay check as it’s been hovering in it’s own accoomulation channel similar to link.

>> No.56492164
File: 16 KB, 283x351, deusex.jpg [View same] [iqdb] [saucenao] [google]
56492164

>>56491191
>bitcoin is a fucking miracle.

>> No.56492204

>>56491793
Or
>glowie FBI/IRS agent before being surrounded by a SWAT team

>> No.56492239

>>56491191
ok I'm game
where do I pick up my billiions?

>> No.56492508

>>56491292
both statements are completely false
you must have done literally zero research

>> No.56492541

>>56491292
>can’t turn btc into fiat anonymously
as opposed to what, retard? btw nobody is stopping me from doing a p2p exchange, even in person
>>cant buy anything in btc
literally retarded

>> No.56492553
File: 2.83 MB, 1252x1080, jihan stimming.webm [View same] [iqdb] [saucenao] [google]
56492553

if someone wants to give you that amount for that thing

the deception could unravel anytime it could be seen as runescape gold

but up until some year in the future people chose to believe in nebulous buzzwords to fuel it

and its possible the deception could go on forever too nobody ever said they had to at some point disagree that its worth something you could have a multi thousand year pact among humans

but its unlikely

>> No.56492615

>>56492553
whats the best way to make normans aware of this?

>> No.56492629

>>56491753
i got lucky and mine make a pretty easy to remember lyric thats relevant to my life.

also just keep making addresses until you get a good phrase?

>> No.56493973

>>56492541
If you're not KYC'd all you have is a battering token that is probably black listed. Only KYC'd wallets will be able to convert to a "digital asset" aka the new money system.

>> No.56493993

>>56491292
>>can’t turn btc into fiat anonymously
litterally traded some litecoin for dollars cash in istanbul in a physical (crypto)coin show. the dude did not ask for an I.D.

>> No.56494003

>>56491191
>walking down the street
>jogging youth hits you over the back of your skull with a lead pipe just because
>traumatic brain injury
>can't remember 12 words

>> No.56494005

>>56491629
>just give your un-confiscatbale money to jew to hold for you
btc goes up 35% per year annualized - jew not needed.

>> No.56494010

>>56491680
>You're delulu
I HATE ZOOMERS AND BROWNOIDS

>> No.56494019

>>56494010
It’s giving delulu

>> No.56494020

>>56493973
You can use non-KYC sats on lightning network through strike at any clover point of sale terminal.

It works pretty well you can self host everything easily, just connect your node to zeus wallet.

>> No.56494025

>>56494020
>t. based umbrel enjoyer

>> No.56494063

>>56494025
I used lightning in the wild a few times this month after throwing the sats through joinmarket.

I'm surprised how well everything works compared to 5 years ago.

>> No.56494192

>>56491801
What are the words?

>> No.56494292

>>56491191
No smoothbrain can resist this bait

Reality is that Bitcoins job was to promote controversial financial narratives like op related and ultimately scam dumb money billionaire hedge like michael saylor to pump the price 10x and be left holding the bag while financially hopeless losers on the internet can make enough to retire or at least have a shot on a decent life

>> No.56494565

>>56494063
imagine if we had a privacy-first browser that used LN natively.....imagine that helping to kickstart a circular economy online that never touched fiat thus made all the regulatory agencies extant.
what couldve been.....

>> No.56494585

>>56491629
$0 to $34117 in 15 years.

>> No.56494608

>>56491801
Every number between 1 and 26959946667150639794667015087019630673536463705607434823784316690060
(this is the actual upper bound) is a bitcoin private key.

You can take the first sentence of your favorite song and use the first 32 bytes.
The 12 words are just a tad safer.

>> No.56494673

>>56494608
>You can take the first sentence of your favorite song and use the first 32 bytes.
if you want to be robbed quickly. idiot

>> No.56494707

>>56491191
Yeah unless it tanks on a whim then you've lost a nice chunk of money

>> No.56496402

We must secure the existence of crypto and a future for bitcoin.

>> No.56496429

>>56491801
you can encrypt it and put it on an sd card

>> No.56496443

>>56491629
You're aware that shiny boomer rocks have performed as well as the shit&piss in the fiat era, right? All nominal gains have just been debasement, still as.

>> No.56498448

>>56496429
But then what keysize do you use to encrypt it and how do you protect that encryption key? What if you lose the SD card or it malfunctions? You're only as safe as the weakest link.

>> No.56498602

>>56491629
>Oy vey you need interest

Shalom! Unfortunately for you sniveling worm Bitcoin is halal for it has no riba.

Death to Israel
Death to kikes

>> No.56498615

>>56491680
KYS niggerfaggotbeaner

>>56494010
I'm gen z and I refuse to use those faggotniggerslaveworms words

>> No.56498641
File: 136 KB, 461x359, 1687327286300092.png [View same] [iqdb] [saucenao] [google]
56498641

>>56491191

And this is precisely why it will be (already is) a fucking ghetto without any way to legally cash out.
And this is a G20 level decision.

Only through criminal gangs, like drug trafficking and other things that happen only in ghettoes.

Fucking imbeciles lmao

>> No.56498666

>>56494003

Or just can't say or use them lmao

>> No.56498674

>>56494005

Something from nothing?

Idiots, idiots everywhere.

>> No.56499178

>>56491292
>can’t turn btc into fiat anonymously
This is why you need privacy protocols like Monero and Railgun to do anything anonymously.

>> No.56499199

>>56491292
I love the replies this objectively true post is getting from assblasted memecoiners.

>> No.56500148

>>56491292
literally what XMR does
monero is what people think Bitcoin is and makes (((keynesians))) seethe