/biz/ - Business & Finance

[Anonymous No.11418207]

Hey, wasn't I supposed to be able to buy my groceries with this stuff? What happened to THAT?

[Anonymous No.11418229]

>Hey, wasn't I supposed to be able to buy my groceries with this stuff? What happened to THAT?

[Anonymous No.11418237]

>>11418207
0.00013849 BTC isn't enough, anon

You spent it all on Starbucks and shitcoins
next time try holding

[Anonymous No.11418243]

Can you pay with gold?

[Anonymous No.11418252]

I want to make a laundry token that interfaces with the next get of washers and dyers that will allow you to pay with your phone at a laundromat


should I spend the 1 Waves /biz/?

[Anonymous No.11418253]

>>11418229
Posting an NPC pic is not an arguement, neither is greentexting my entire post. You have literally no brain at all and deserve death.

[Anonymous No.11418271]

>>11418207
Why do you need groceries, when you can live off amphetamines that BTC buys you?

[Anonymous No.11418306]

>>11418253
>Posting an NPC pic is not an arguement, neither is greentexting my entire post. You have literally no brain at all and deserve death.

[Anonymous No.11418323]

In the works. It is not a shortcoming of Bitcoin, rather it is the lack of infrastructure and the absurd taxation laws.
It will change in coming years, check out Square's patent. Other financial companies will offer similar solutions in the coming years.
https://www.scribd.com/document/387315144/square#from_embed

[Anonymous No.11418370]

>>11418306
Oh wow you're so smart and epic for literally proving my point. Off yourself my guy B)

[Anonymous No.11418386]

as of today it can't be used and is fundamentally broken: scaling problem hasn't been fully solved yet, 5-7 txs per second, fees will get abnormally high if everybody's gonna use it again and clog the network, the network needs multiple confirmations for transactions (imagine waiting for 10 minutes at a cashdesk). that's why it is just considered a store of value now

[Anonymous No.11418413]

>>11418370
>tumblr

[Anonymous No.11418427]

>>11418413
>what is google image search
Nice console wars bullshit tho

[Anonymous No.11418523]

>>11418207
>wasn't I supposed to be able to buy my groceries with this stuff?
I saw several shops in my hood accept BTC, depending where you are i.e. Russia, China, India you can't use BTC to pay for groceries
alternately you can use a debit card that feeds on crypto, I remember there were several floating around
>What happened to THAT?
nobody is really interested to buy products with their cryptos until we reach ATH again

[Anonymous No.11418711]

>>11418523
But It's supposed to replace paper money, not become literally the stock market like it did. You're supposed to be able to use it to pay for shit by itself. The idea was that you could generate your own free money out of nowhere and then use it, but greedy kikes ruined like everything else.

[Anonymous No.11418776]

>>11418711

[Anonymous No.11418788]

>>11418711
It takes steps to reach that point, all the while the financial singularity that is Bitcoin needs to be scaled in a way that does not break physics so that Bitcoin can avoid deteriorating into fiction.

Layered scaling is the only way to do it safely.

[i like bitcoin but this is an (...) No.11418823]

because there are too many digits for human memory and communication

when you see a toaster on sale for $9.99 you know what that means. you can tell friends and family about the $10 toaster deal. the cashier can say "thatll be ten dollars."

with bitcoin the price is 0.001544btc and thats an easier price to remember. oh wait now its .001534 oh no, its changing again.

what if youre buying a washing machine for 500, well in bitcoin thats 0.0767

but then again people can just round off numbers i guess and change the prices to like .0015 for the toaster and .076 for the washer

but how do you say that out loud, if someone asks for a price do you say "point zero zero one five four four" or is it easier to say "10 bucks"

[Anonymous No.11418828]

>>11418207
Use Litecoin, senpai.

[i like bitcoin but this is an (...) No.11418833]

>>11418823
maybe we just need better slang to make bitcoin easier to use
or maybe it exists and we need to spread it

[Anonymous No.11418844]

>>11418823
"That'll be 600 Satoshis, sir"
Unit of account is the final stage, when the price stabilizes, if it ever does, because most of the world would be using it in some way or form.

[Anonymous No.11418859]

i guess you could say 15 sats for the toaster and you could just guess how many zeros that involves once youre used to working with bitcoin.

[Anonymous No.11418875]

>>11418844
true, price will stabilize with volume

but maybe we need a word for "point zero zero" and "point zero zero zero" etc to quickly communicate how many digits are in front of the number.

[Anonymous No.11418880]

>>11418427
Weeaboo npcs are the worst.

[Anonymous No.11418885]

>>11418875
Satoshis.

[Anonymous No.11418898]

"that'll be twozero fifteeen sats for the toaster"
and "threezero 12 sats for the chocolate bar"

that could work maybe

[Anonymous No.11418915]

>>11418885
yeah it wasnt that part i was talking about. it was the number and reading it out loud to people and remembering prices and stuff. crucial to actually using a currency is that you dont sound like a math nerd when talking prices with so many decimals. if people have to say or remember "point zero zero zero three four nine" as the price of something... well they cant, its too many numbers. so we need an easier way to communicate here

[Anonymous No.11418931]

it helps trying to remember prices using internal dialogue as well if its something that could be easily said it can be easily remembered

[Anonymous No.11418941]

yeah i believe people can use bitcoin once casual terminology makes it easier to remember and communicate price numbers and volume stabilizes price. i can see it now

[Anonymous No.11418954]

>>11418875
it's almost as if we could say "fifteen ten-thousandths" or "seven hundredths"

like we already have names for decimal notations

[Anonymous No.11418959]

>>11418954
nobody talks like that though in the real world

[Anonymous No.11418964]

>>11418954
Satoshis will eliminate the need for decimals and fractions in most transactions.
Whole numbers are much easier for people to think in.

[Anonymous No.11418965]

>>11418229
>implying we don’t all look like pic related when we’re questioning our reality
Your NPC pic a little too real. The novelty of the meme is that it has no emotion

[Anonymous No.11418971]

>>11418954
it doesnt roll off the tongue and requires people to do math in their heads to see the price. it doesnt work. youre a smart cookie so you dont understand. take it from me, as an average dumb person, i cant work with those numbers.

[Anonymous No.11418979]

>>11418971
>requires people to do math in their heads to see the price.

that's like saying "one hundred fifteen dollars" requires you to do math in your head. are you that fucking dumb? you need to say every digit on its own to remember places from zero?

[Anonymous No.11418994]

>>11418964
oh wait never mind fuck im retarded
now i understand

saying how many decimals before the number was unnecessary

see, how hard it is for some people to think in numbers. but im not saying that to make a point here i was completeley wrong about all this shit ive been saying in this thread.

fuuuuuuck im dumb

[Anonymous No.11419008]

>>11418979
yes i am
im really that dumb
im amazed i can function at all as a human being some days

[Anonymous No.11419016]

>>11418994
"The car is worth 20,000 satoshis"
In a world where a statement like that is uttered, most people will have an innate feeling of how much a satoshi is worth, like we all have a sense of how much a dollar is worth, not unlike how we get used to driving at certain speeds and can make accurate guesses as to how fast we are traveling.

You are smarter than you realize.

[Anonymous No.11419018]

>>11419008
the number of times you reply before anyone else does tells me you're off your meds.

[Anonymous No.11419021]

im going to try to delete my posts so im not shitting up this thread anymore and ill go be dumb somewhere else. my apologies

[Anonymous No.11419041]

>>11419018
thats a tired cliche from an overmedicated culture. im just dumb, there isnt a pill for that.

[Anonymous No.11419063]

>>11419041
I'm not referring to being dumb, which you may be. I'm not judging that. It's the number of replies. Comes off as hyper active. You can type more than one sentence at a time before submission.

[Anonymous No.11419081]

Bitcoin needs a way bigger market cap before it becomes stable enough to use as money. There simply aren't enough people with bitcoin yet

[Anonymous No.11419092]

>>11419063
or maybe im just hyperactive sometimes
some people are

ive got a fly buzzing around landing on my legs and i cant seem to get the fucker. my foot hurts. ive had way too much nicotine. and i havent eaten in a while. im feeling antasy and irritable as people do sometimes.

fucking pills. give me a break. im a human being, sometimes people have moods, its not a problem that needs a pill, its just a part of being a person.

[Anonymous No.11419860]

>Hey asshole, whats the hold up i want my basedmilk before Mr Goldstein notices im late

>You gonna have to wait a hour or so this asshole decided to pay with bitcoin

[Anonymous No.11419914]

>>11418252
It's pretty useless, credit card still better.

[Anonymous No.11419954]

>>11418207
It's digital ponzi gold.

[Anonymous No.11419982]

We call it a store of value now. This is how it works

You put money in bitcoin
Then you wait
And when you want to spend it you sell your bitcoin

simple as pie

[Anonymous No.11420018]

>>11418207
tech is immature. it won't be bitcoin or any shitforkbof botcoin... so nice dumbfuck journalist meme image faggot. wait 1 or 2 years and people sill be doing so... nut not with bitcoin or any scam bitcoin fork. you're welcome faggot

[Anonymous No.11420059]

>>11418207
Its a scam.

LMFAO at how fast Bitcoin faggots abandoned the mode of exchange (the very reason Bitcoin was created) to adopt a MUH STORE OF VALUE narrative.

It can't even store value, no store of value falls down 70% in a year for no fucking reason other than its a speculative hype collectable.

[Anonymous No.11420068]

>>11418711
>But It's supposed to replace paper money
maybe in 20 years from now, what would be the point of reference if there would be no paper money?
>not become literally the stock market like it did
that was predicted since BTC also acts as a commodity
>You're supposed to be able to use it to pay for shit by itself.
I literally saw numerous shops taking BTC and I'm not dumb enough to buy shit with cryptos. reminds me of a pleb buddy of mine, I told him about BTC and the Silkroad back in 2012. he used BTC to buy LSD... expensive shit
>The idea was that you could generate your own free money out of nowhere
there's no such thing as free money out of nowhere, but you can:
- mine
- trade
- buy & wait
>greedy kikes ruined like everything else.
nothing is ruined

[Anonymous No.11420128]

>>11418370
>Oh wow you're so smart and epic for literally proving my point. Off yourself my guy B)

[Anonymous No.11420148]

do people who fell for the crypto scam unironically believe that

[Anonymous No.11420149]

>>11419982
actually i bought all of my pc parts using bitcoin. i finished building it yesterday. it cost £2500 overall and the process was incredibly smooth and painless. bitcoin is great as a currency

[Anonymous No.11420179]

>>11418711
>But It's supposed to replace paper money, not become literally the stock market like it did
what the fuck is forex?

[Anonymous No.11420188]

You can

[Anonymous No.11420201]

>>11420188
what app is this?

[Anonymous No.11420210]

>>11418207
I'll buy you groceries for a 25% BTC markup

[Anonymous No.11420257]

It's a Coinbase card that, for some reason, they don't market.. Google Shift card Coinbase.
Its good for smaller purchases under $500 unless you want to contact then and ask to raise your amount.

[Anonymous No.11420260]

>>11420068
Bitcoin became something because it was used but you fuckers seriously advocate ppl to choose credit card over crypto.

[Anonymous No.11420266]

>>11420188
Why are the fees like at the store? Are you getting hit with CC fees and BTC fees?

[Anonymous No.11420290]

>>11420266
No fees other than using an atm which is $3. When buying something you pay what the register says.

[Anonymous No.11420297]

>>11420179
Beat me to it

[Anonymous No.11420309]

>>11420290
You will get hit with some sort of capital gains tax, I think. But in a bull market who cares! Personally, I'm not paying them unless the IRS contacts me...waiting for the laws to be more fair.

[Anonymous No.11420337]

>>11419860
kek'd at basedmilk
the girl in nigger shoes is highly bangable though

[Anonymous No.11420400]

>>11420290
I haven't used an ATM in a long time. Thanks for the info.

[Anonymous No.11420417]

>>11418207
Do you use a bank wire or money order to pay for groceries? No? Why not?
Old ladies use checks to pay for groceries and people meme about how long the wait is.

Every supposed fault with Bitcoin can be refuted because we have similar problems already