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/biz/ - Business & Finance

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17983654 No.17983654 [Reply] [Original]

Bros... How does this make any sense
>bitfinex is expected to back their tethers 1:1
>BANKS normally are expected to have 10% of their total reported cash on hand
>currently it is ok for them to have 0 dollars

>> No.17983714

Do you know how many scams have been committed on the blockchain?

About 10x more than any real business.

How fucking uninteresting. Imagine being woo'd by crypto. How fucking dense you must be. To see basically 10 years of non stop scams and no real business usage... and you are bullish? This is exciting for you?

No one is touching your crypto garbage ever. Go sell to some dumb chink while you still can.

>> No.17983740

>>17983714
The last thing anyone will think about in an actual collapse is fucking crypto. When society breaks down and no one is keeping the internet or electricity on have fun with your 100k linkies.

>> No.17983755

>>17983740
Enjoy getting robbed at gun point when people findout you have a lot of gold

>> No.17983773

>>17983755
better to have gold and guns than fucking bitcoin and starve in the first 3 months.

>> No.17983779

>>17983714
>scams have been committed on the blockchain?
>About 10x more than any real
imagine thinking there is some artificial divide between "the real world" and something else.
it must feel so peaceful to be 98iq

>> No.17983796

>>17983773
Why so angry senpai? :(

>> No.17983806

>>17983796
So no counter, got it.

>> No.17983933

>>17983806
You realize you can send bitcoin over HAM Radio, right

>> No.17983996

>>17983933
That .01% of the population know how to do? Good luck with your blockchain and confirmations also.
Better off going primitive decentralized ledger like the tribes that used stones.

>> No.17984028

>>17983996
Yea it's not ideal. Did you know you need a liceto even use a HAM radio? Kek

>> No.17984104

>>17983796
I guarantee he lost his bags. Most likely forgot his seed

>> No.17984227

>>17983779
Yeah but buy into my IQ now while it is low and I will show you some sweet gains in my next post.

>> No.17984258

>>17983714
You are putting in hard work today, I hope they pay you well

>> No.17984331
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17984331

>>17983654

the fed didn't approve bitfinex, if they become insolvent they won't bail them out

the fed approved us banks. if they'd fail, the fed will just print the outstanding usd, insolvency is not possible