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/biz/ - Business & Finance


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14078899 No.14078899 [Reply] [Original]

why would anyone with money use crypto for anything? it's so damn volatile that it could never get the user base to become sable. the closest btc got to mass uses was at its peak and all the middle-class soccer moms lost their drug money so they're never coming back, and no business wants to take the risk so no one will ever use it. maybe if you had like multiple big banks buy half the crypto supply then the price would stabilise. but the problem with that is all cryptocurrencies have a circulation limit to low to be useful. so crypto is dead. it's not going anywhere. if you want to get rich do it yourself don't bet on this sinking ship. credit is dirt cheap right now go out and make something of yourself.

Please stop shiting up my board.

the only way I could see crypto coming back is if you had a bunch of big banks make there own.

it was a fun ride while it lasted. let it go anon enjoy your summer

>> No.14078916

most of us sold a while ago, you're preaching to the choir.

>> No.14078925

>>14078899
They said that after 2014. Even Circle closed up shop saying Bitcoin was over. Then 2017 happened and they bought Poloniex trying to get back in. So many rich ppl pumping money in, so many exchanges betting big and buying up advertisements around the world. More people are coming but also more regulation is coming.

>> No.14078951

I want to marry her.

>> No.14078960

>>14078925
everyone has heard what a big crash bitcoin has had. it's not like last time.

>> No.14078979

>>14078899
OP is retard. Businesses will start using it for dapps. The immutable ledger is a God send to these companies. Of course none of this kind of stuff will be happening on anything other than Bitcoin SV.

>> No.14078987

>>14078960
>Unironically "its different this time" posting

>> No.14078988

adoption of bitcoin and crypto is actually on the decline. There was a time when it was accepted at some large e retailers.

>> No.14078994

I lol at all the retards who think institutions are going to come in and buy their crypto at inflated prices, and then pump it higher.

>> No.14079010

>>14078925
circle got out because they couldn't afford to comply with regulatory requirements, and credit card companies started shitting on their business model by cutting them off.

>> No.14079020

>>14078987
>>14078979
if you were a small business owner why would you want a currency that has dropped by more than half since its peak and that everyone that wants to keep a healthy pocketbook avoids like the plague?

>> No.14079096

It's not dead, it's getting normalized. There are about 10 interesting projects.

>> No.14079102

>>14079020
You don't understand. If I'm a small business I can do all my accounting on BSV and never worry about security, backing up or mutability. All with a low cost. I don't need to accept BSV from customers. I only need enough to add things to the blockchain for record keeping and such. That's not even including Supply Chain efficiency that can be upgraded using DLT. Overtime more and more people are using it for dapps and it requires Bitcoin to use the dapps causing more and more liquidity in Bitcoin. Obviously there is straight up trade as well.

>> No.14079178

>>14079102
but why. it's much easier to use other payment methods. why would a roofer on a baker want a currency that volatile or complicated? protip they don't. so crypto will never take really take off. sorry, no one wants crypto it's worthless.

>> No.14079210

>>14079178
I just explained to you how the volatility is irrelevant. You can use a leger for a lot more things than just money.

>> No.14079224

>>14079210
what would never work on a large scale idiot.

>> No.14079277

>>14079224
This is cope.

>> No.14079360
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14079360

Crypto are Ponzi scams

>> No.14079417

>>14079277
you're coping for your cripplingly stupid decisions.