/biz/ - Business & Finance

>>6626796
fidget spinners are kinda gay

>>6626824
if a gay man offered you to suck his dick for $1M one time, would you do it? or is it too gay?

>>6626857
eh personally i think id be somebody's twink slave for 1 mill

>>6626922
guess you aren't too proud to buy xrp then

>>6626922
you're tempting me to actually make a rando on the internet cater to my stretchmarked millionaire ass for a year for a million dollars.

>>6626796
Ripple is vapor ware and the US government is constantly finding it (be a use its a centralized scam).

Why would Ripple, of all coins, survive regulation?

If banks and corporations wanted Ripple they would buy into Ripple.
Instead they were handed Ripple and they are selling it for bitcoin and ether. They achieve this easily by advertising trust and adoption of a coin they already own.
You're right by saying it will stay alive. But it will be no better than any of our fiat right now..diluted, manipulated.

did you think Wall Street was going to be kind enough to let people ride to 20k for free after the first set of futures closed?
they're going to dump on people who thought the dip was over and crash BTC at least one more time before the big pump
the crying on reddit will be hilarious
all those people who are congratulating themselves for buying the dip right now are going to wake up to a sea of red

>>6626796
Don't listen to this man. Dump Ripple now, before it dumps you.

>>6626796
fuck i hate cripple

And yes, regulation will come down hard on all coin holders and especially exchanges. But this is because the regulators value crypto. They want is so they will scare and tax it away from us. But you know what will happen when the few surviving coins are out of reach of the plebs like us? It will have all changed hands to goverments and corporations who will then use it as a store of value while all you have is a watered down crypto-dollar instead of gold

buying XRP is like sucking banker dick
Fine for fags

>>6626796
>Let's cut the crap.

Translation lets throw up the white flag and act like the lobotomized cattle George Orwell predicted we would become.

Wouldn't, privacy coins only have a future?

>Sits on Federal Reserve Task Force
>Sits on US Fintech Advisory Board

faggots who keep saying it's not a crypto, you are absolutely right, it's not a crypto, it will be treated like a currency and won't be taxed for every transaction like the rest of cryptos.

anyone who doesn't add it to his portfolio is an absolute idiot

>>6626796

I completely agree that XRP will absorb almost all other cryptocurrencies due to the fact that XRP is lawful good.

I also believe that the rest who do not want to take the path of lawful good, will choose the path of chaotic neutral, and go with XMR.

>>6627160

> the banks and corporations did it all for muh cryptokitties

>>6627579
Probably not only them. But that is where my hopes are pinned, because the rest will be wrested away from us. They wont stop until they have it all

>>6627631
XRP is neutral evil, the fuck are you smoking.

>>6627273

> the banks want muh ethertanks

>>6627337

This.

>>6627631
This is probably a simplified version of what the near future will hold

>>6627631
This privacy coins and regulated coin will be big in 2018

>>6626796

Wasn't there some fucking business that just bought a bunch of XRP instead of creating an IPO?

Kinda weird, but I feel like businesses might start buying crypto soon, might take the market with em.

>>6627671
Privacy coins, DAGchain (the tangle) coins, and some (literally about 8) cryptographic based stocks. I can't think of any else. We really need a decentralized exchange. Even a, peer to peer like exchange would be okay, for our purposes.

>>6627677

I consider it lawful good because: 1) It is designed to comply with existing financial laws and regulations. 2) Interledger Protocol will result in the tokenization of everything of value in the economy. Stocks, bonds, real estate, gold, silver, currencies, commodities, etc will all be tokenized, put on blockchains and then traded against XRP. This will eliminate naked short selling, delayed settlement, back office paperwork scams, excessive fees, and possibly other scams as well. XRP and Interledger Protocol will eliminate most of the corruption that has been rotting the financial system from within and threatening the stability of the Western World. Yes, I know the bad guys created XRP. However, I think they did it because they know that they need to put a stop to the financial crimes or else they will be slaughtered by either the people of the West, or invading Chinese hordes.

>>6627032
>Why would Ripple, of all coins, survive regulation?

Ripple designed XRP with regulation in mind. FI's wouldn't get on board with it if it was likely to be thrown out the window after a couple of years.

But regulation isn't just going to be about which crypto's will survive, it will also be about which exchanges are going to work with the regulation. Meaning eventually you're going to be very limited on what you can and can't trade, if you're going to be able to trade at all. Be prepared.

>>6627834

I hope OP is taking some of this in. Not often biz gives its wisdom undisguised like this

>>6628057
>But regulation isn't just going to be about which crypto's will survive, it will also be about which exchanges are going to work with the regulation.

I believe that someday XRP might be made available to the public through retail brokerages and retail banks, because it is compliant with regulations. Imagine all the boomers and normies buying XRP with their Scottrade accounts or at their local bank branch office.

>>6627962
Buddy...are you happy with current financial laws?? Are you really??

>>6628181
it doesn't matter whether you like it or not. You don't make the laws. The creators and directors of ripple knew that they would be trying to create the perfect government coin

>>6628057

If Ripple reaches critical mass, yeah as much as I hate to admit it, they would take over. Could totally see the government making it nearly impossible to get on an exchange all while turning a blind eye to a select few.

Kinda like guns and taxis in NewYork...

>>6628181

No, but to do away with them could cause even more crime to flourish. In a just society, we wouldn't need all these financial laws and regulations, because we would simply execute criminals who committed severe enough crimes. However, since the government is always doing catch and release, and criminals are becoming more powerful and numerous, I believe that allowing the government to restrict certain financial activities and track money/assets, is helpful in deterring and catching criminals and organized crime. Again, I reiterate that the best solution is little to no regulation, and maximum excecutions.

>>6628318
>The creators and directors of ripple knew that they would be trying to create the perfect government coin

This is why I only hold XRP.

>>6628318
If that is your approach then you are missing the missing the point and potential of decentralized currencies.
I shall leave you to your own devices, good day.

>>6628181
>>6628429
It's not a matter of if someone's happy with how things are or not.
It's a matter of being realistic.
It's all well and good to believe in crypto and how it could be this perfect thing in an ideal world, but you can't take on banks and government head on, period.
Work with what's available and surf the regulation waves, or don't. It's simple.

>>6626922
Yeah I know what you mean I have total twink bod too and I think I'd also do that even though not interested in anal.

>>6628841

Is this the new state of Biz, twink and trap slave markets?