/biz/ - Business & Finance

[Anonymous No.10151059]

Why would Binance open a fiat onramp in fucking Uganda? WTF? They don't have any money. Of all the countries that are pro crypto, Uganda?!?!? Also, moving Binance to Malta? The fuck? Is CZ trying to escape regulatory scrutiny?

[Anonymous No.10151072]

They are making long term investments. Africa is going to have the highest growth in the next couple decades

[Anonymous No.10151088]

>>10151059
Chinks have been invading africa for years. A lot of chinks have money that they aren't able to invest because of mainland restrictions but there are a fuckton of them in Africa as well buying up land.

This is just more chink invasion shit.

[Anonymous No.10151093]

>>10151072
this
also /pol/tards BTFO

[Anonymous No.10151124]

>>10151059
they kno' da wae

[Anonymous No.10151131]

>>10151072
It won't unless chinese go full colonization.
But theorical if there is ONE place needing cryptos it's Africa, even if you are a smart and hardworking nigger building a company you will automatically be fucked by retarded nigger politicians devaluating the local currency every 5 years by printing it like crazy.

[Anonymous No.10151142]

>>10151059
Say what you want, but Africa is the next China. Fast economic growth is coming.

[Anonymous No.10151152]

>>10151072
Banking the unbanked.

[Anonymous No.10151163]

>>10151142
It isn't the next China it is literally going to be China. They are actually going to exterminate the blacks as they colonize it.

[Anonymous No.10151172]

>>10151059
banking the unbanked

[Anonymous No.10151193]

Crypto-Fiat

DOT COM

[Anonymous No.10151248]

Don't try and figure out what cz is doing his IQ is so high he is playing 8D chess

[Anonymous No.10151268]

Maybe we're finally going to exterminate the nigs who are shitting up the valuable land and stealing resources and money

[Anonymous No.10151358]

African countries would unironically adopt crypto in a heart beat to avoid inflation.

Africans know their government banks are crooket and willl print more money (dillute) at will if their currency apriciates the sligthest precent.

[Anonymous No.10151379]

>>10151268
That’s exactly what chinks are doing.
China is invading Africa and Siberia not only economically but by interbreeding with locals.
CZ is pic related

[Anonymous No.10151394]

>>10151358
>binance sets up crypto exchange with fiat gateway in conflict region
>???
>profit

[Anonymous No.10151406]

>>10151358
>implying nigs can even understand that printing money causes inflation

[Anonymous No.10151417]

>>10151059
>convince an entire continent to adopt crypto
>become the nasdaq of Africa
>this is a bad thing

You know what pumps your shitcoins? Emerging markets.

[Anonymous No.10151453]

>>10151072
>>10151152
these niggaz get it

[Anonymous No.10151487]

>>10151406
neither do Americans.

They think high wages cause inflation and not fractional reserve banking and US Bonds.


Zimbabwe unironically hoped on the Crypto train early as fuck.

[Anonymous No.10151554]

>>10151417
Niggers are as a rule dumb niggers. Africa will never adopt crypto so long as it is inhabited by dumb niggers.

[Anonymous No.10151577]

>>10151059
>is cz trying to escape regulation
yes.
he ran away from hk and japan and wants to set up a decentralised exchange and moved to malta and uganda.

[Anonymous No.10151578]

Uganda is a country that can greatly benefit from crypto
sorry not sorry you don't understand the true purpose of crupto and think it only exists so you can neet it up and eat tendies all day faggot

[Anonymous No.10151582]

>>10151059
People in this thread are absolutely clueless. Binance didn't do fiat in Uganda because it was some great business move or because they are "scaling slowly".
Let me tell you the real reason, it's because they had no choice. Binance is not regulatory compliant and has a terrible history of non-compliance. This is the reason banks won't touch binance. Even exchanges that try to be compliant like bitfinex have a lot of trouble with banking because most banks disdain crypto.
Binance is seriously going to struggle to get USD/YEN/EUR etc and then secure their relations with those banks.

[Anonymous No.10151596]

>>10151577
malta charge 35% corporate tax rate
binance moved there because the Maltese government isn't afraid of crypto and won't make it illegal for the purpose of helping banks

[Anonymous No.10151616]

>>10151131
>smart and hardworking nigger

[Anonymous No.10151645]

They cant get a banking license anywhere else

The future belongs to coinmetro

[Anonymous No.10151646]

>>10151059
East Africa is the youngest region in the world
East Africa has one of the fastest economic growth in the world
More Kenyans own mobile phones (with 4g) than have bank accounts.
etc etc.

[Anonymous No.10151667]

Well they stole westerners' money so now gotta steal from them Negroes

[Anonymous No.10151681]

>>10151582
>exchanges that try to be compliant like bitfinex

[Anonymous No.10151694]

Uganda be kiddin me!

>*ba bum bum tish*

[Anonymous No.10151695]

They got kicked out of Japan, smuggled into Malta by a gambling king pin who traded his government connections for listing his ico in binance and dumplings it on dumbshits(binance office is in his buildings)

Now he's off to Africa because it's the only place left. Take care anons

[Anonymous No.10151730]

>>10151059
Uganda is the best country by sheer meme-capita alone. They've already just gotten out of several dictatorships and are currently undergoing a very diy-style technological revolution, they are the seed for true anarcho-capitalism and they will take to crypto like a fly to shit. Uganda may very well be the first somewhat-successful aftican country in the next couple of years, and may even be the first technarcho-capitalist too.

[Anonymous No.10151741]

>>10151131
and that's of course assuming your commie-tier tribe doesn't fuck you out of your own gains first.

[Anonymous No.10151859]

but what if in binance.ug they trade USD and EU also ?

[Anonymous No.10151897]

>>10151142

do you realize people have been saying this for decades?

[Anonymous No.10151907]

>>10151730
libya was successful before israel and usa fucked it up

[Anonymous No.10151984]

Maybe this is a sign you guys should buy niggercoin

[Anonymous No.10152011]

>>10151984
>tfw 200k lumens

Could blind a mole with this wattage

[Anonymous No.10152020]

>>10151059
Imagine if all of these countries that don't have banks used BTC. That would be a 1t liquid market right there.

[Anonymous No.10152066]

>>10151131
Did you say hard working and nigger in the same sentence?

[Anonymous No.10152090]

>>10151417
Too bad the nigs will pump shit coins like trx though

[Anonymous No.10152153]

>>10152090
Are you some kind of a bitch? Buy coins that make you money, who fucking cares what those coins are.

[Anonymous No.10152226]

>>10151059
>Not knowing about Uganda and their fuckeries on the continent.

[Anonymous No.10152373]

Chink mobsters ... srsly how is this a question?

[Anonymous No.10152509]

>>10151596
nobody is making crypto illegal

[Anonymous No.10152659]

>>10152509
they're inconventient for government control and taxation (theft) so if not now then soon it will be banned.

[Anonymous No.10152866]

>>10152659
no lol.
binance ran away from JAPAN, which is literally the most pro crypto coutnry on the fucking earth

[Anonymous No.10153015]

>>10152866
Actually Japan spanked all these Japanese exchanges recently. Even I think Kucoin or one of those closed down all trading for Japanese. Maybe CZ got tipped off and bounced ahead of time?

[Anonymous No.10153047]

>>10151059
he's building crypto wakanda

[Anonymous No.10153096]

>>10153015
because the exchanges were doing illegal shit.
like binance

[Anonymous No.10153102]

Investing in some African economies today is equivalent to investing in Shenzhen 1979, probably even more so since their growth will be unprecedented in human history.

I really hope they can make it happen with enough outside help just to prove racist /pol/tards wrong.

[Anonymous No.10153126]

>>10151131
This, but we have to take it a step further

what if WE colonized africa? Us bizraelis and our crypto gains, we storm into africa with a meager wealth that is hyperinflated to being eternal fortune in the african economy. We buy real estate, create factories and culture centers and fund western art and philosophies and architecture. We reform africa and turn it into the wealth continent it was always meant to be before they stopped colonialism

[Anonymous No.10153150]

>>10153126

[Anonymous No.10153197]

>>10152509
yeah except all the countries explicitly forbidding Banks from dealing with any crypto payments
India, South Korea, China etc

[Anonymous No.10153199]

Bruce U is going to the moon

[Anonymous No.10153208]

>>10153150
Theyre like civilized slaves. Very cool!

[Anonymous No.10153211]

Uganda is trying to become high tech, they want to be Wakanda. They probably paid CZ to set this up.

[Anonymous No.10153286]

>>10153197
>south korea
>china
lol

[Anonymous No.10153315]

>>10153211
Americuck here...went to Oxford and met many, many of the UK's finest Africans residents...Take-away: Ugandans are MUCH better than Nigerians. More docile and less shady. A touch less rapey to boot. Just an FYI. That is all frens.

[Anonymous No.10153470]

>>10153208
>>10153150
>>10153126
Take my moni!

[Anonymous No.10153854]

>>10151152
Babb

[Anonymous No.10153866]

>>10151059
>>10151072
>>10151172
Africans already use their phones for nearly all of their banking and payments. Selling Crypto to these people makes total sense.

[Anonymous No.10154263]

>>10153126
cant reform nigs

but hey maybe blockchain will keeo their niggardlyness in check

[Anonymous No.10154276]

>>10151059
Easier to establish in Uganda than Kenya and they're planning a grand unification of the countries.