/biz/ - Business & Finance

>>57912560
an entry in a txt file

You are asking this to the infamous hacker known as 4chan?

Internet coins used to laundry drug and CP money

>>57912591
laundering is done by exchanges and off ramps
crypto is just the meme to cover for it

>>57912560
Decentralized ponzi scam

>>57912571
blockchain and mempool aren't stored in text data, it's 8bit binary. but close enough.

>>57912560
the blackchain will change our lifes very soon

>>57912560
An "I owe you" between anonymous users on the Internet, where the ledger of those IOUs is distributed among anonymous users as well.

A glorified excel sheet that's encrypted so pedophiles can buy hardcore lolicon porn without fearing the authorities as much. Actually that's Monero's narrative, BTC is more for mere speculation and that's it. Now buy satoshisync and eat the ordinal-powered nft slop, goy. No you may not ask what these words mean.

>>57912571
/thread
>>57912591
that was true a decade ago. no longer the case. as this faggot stated >>57912758 that's what xmr is used for now.

>itt: sidelined/liquidated bearfucks that wanted to buy at 20 dollars a bitcoin

Fake cure for a fake problem that doesn't benefit the world at all, orbited by talentless faggots with no future trying to make easy money with it (and usually failing hard in the process)

>>57912560
who is bitcoin?

Just an entry in Satoshi Nakamotos database

>>57912776
You can criticize your own assets on this here anonymous board you know? No need to go around projecting insecurities on random internet users. Get a grip. Bitcoin is fake money, get over it.

>>57912758
AYE AYE SIR FINNA SLURP ALL THE DIPS

>>57912801
where is bitcoin?

>>57912560
why is bitcoin?

>>57912560
It's simply a ledger. Money is just a ledger. But the difference between the current fiat ledger and bitcoin, is that bitcoin is open and honest, whereas the fiat ledger is fugazi. Big picture game theory, capital continues to flow into bitcoin as the trust in fiat breaks, making bitcoin the financial base layer of the future. Good luck everyone and keep yourself healthy.

>>57912758
those fuckers are integratin everybody and their grandma in its ecosytem, I wonder if they would be capable or getting and AI to run all of those as a hivemind

>>57912758
I haven't seen a more accurate depiction as i am part of the group he metions. Bravo, anon.

>>57912815
but money all the same

>>57912820
I used to fap so bad at some dogshit quality SFM animation i found in the hub once.
Not my proudest one though.

>>57912758
>encrypted
nigger the blockchain isn't encrypted. actually nothing about bitcoin is encrypted.

>>57912560
>Ok, but what exactly is bitcoin?
as of today bitcoin is just an speculative digital thing where people buy with the hope of price going up. It's also transparent ledger where the govt can see amounts, transactions and everything people do
in the beginning bitcoin was supposed to be like digital cash but bitcoin is not fungible so it failed, as of today bitcoin was replaced for monero in places where digital cash is needed