[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 64 KB, 724x1024, 1591552904187.jpg [View same] [iqdb] [saucenao] [google]
19670850 No.19670850 [Reply] [Original]

1. Platform tokens will go to zero

All "ethereum killers" and useless "build your dapp on our 1000tps Blockchain" projects will die.

2. All utility tokens will go to zero.

Anything and everything will eventually migrate/be rebuilt on ethereum or Bitcoin. The token your holding is useless, and always will be.

3. Privacy coins, useless.

Any and all proven privacy features will find their way into Bitcoin and ethereum eventually.

> What do?

DeFi is the only way to make money in crypto. If and only if it is actually decentralized.

To make a very long story short, buy RSR. Start your journey at reserve.org

Buy the dip.

>> No.19670909
File: 190 KB, 485x319, 1590701668598.png [View same] [iqdb] [saucenao] [google]
19670909

>3. Privacy coins, useless.
Breh

Got a fat rsr stack though

>> No.19671517

>>19670909
XMR brah

>> No.19671535

>>19670850
>>19670909
>>19671517
the pattern has already presented itself and govts everywhere will soon make the buying and selling of privacy cryptos like XMR a pound you in the ass felony carrying prison time.

dyor dont have time to spoonfeed but im not wrong.

>> No.19671667

>>19670850
So another stablecoin, this time backed by the other stablecoins?

>> No.19671844

>>19670850
based and rsr pilled

>> No.19671927

>>19671667
Not just other stablecoins, but gold, real estate, bonds, an entire collection of shit to eventually be a global safe haven (even from the USD), that's totally decentralized, governed only by the reserve rights holders -- who vote things in and/or out of the vault (collateral holdings).

Take all the mistakes and stupid shit Maker made, remove them, create a truly decentralized protocol with no greedy dev rewards, pre-sale jewery, and you;ve got Reserve.

>> No.19671971

>>19671927
Nice nice.

Been reading about it for like 20 minutes and it looks interesting. Gonna get me some RSR.

>> No.19672067

>>19671927
incredibly well said. and saved to pasta txt file

>> No.19672118

>>19671971

The white paper is a good read and not too dense, simple but brilliant concept that they hopefully can execute.

>t. 500k holder - will get it over 1M

>> No.19672146

>>19672118
I'm heavily invested into other projects so I won't invest too much into this one but it looks good so I'll put like 25k-30k.

>> No.19672207

>>19672146
>25k-30k
Shit, makes me sound loaded.
I meant that quantity in RSR.

>> No.19672282

>>19672207
>25k-30k
>$83-$100
don't go too crazy, big spender

>> No.19672309

>>19672282
Oh it's 0.003 not 0.03.
Well. Add a zero to those it will make more sense...

>> No.19672320

>Privacy coins, useless.
lmfao. how is a decentralized and fungible digital cash like Monero "useless"? How will literally every single government make it illegal overnight? You have not done research on this at all, considering in the 90s governments wanted to ban PGP for basically the same reasons (e.g. terrorism, cp)

>> No.19672464

>>19672320
it's not like they will magically disappear overnight if they're made illegal, it's that they won't be worth the hassle for the avg normie. it would be like bartering w/ heroin -- sure, someone might take it as a currency, but it's probably not worth catching a felony for possessing it. prices would plummet if xmr was made illegal

>> No.19672474

>>19672320
retard. grow up for a few years and learn about national governance instead of playing vidya all day u subhuman double retard. a handful of nations have already made legislation into LAW that has prevented xyz nations and any crypto exchanges operating in them from providing the buy/sell of various privacy coins and protocols. XMR will go to $0 since trading it will be a CRIME u fucking idiot. your bet is that the silk road 2.0 currency of choice will remain legal forever? it must be nice being 16 years old, if i knew what i know now at that youngfag retardation age i'd be a trillionaire by now. enjoy watching your foolish investment into privacy coins that only criminals have use for anyways losing its entire value literally overnight when the nation u live in POOF makes it ILLEGAL.

>we live in a society that has laws and borders and shit
>faggots who love privacy coins live out in the woods and dont think borders and laws and shit apply to them
lmao at your whole life retard.

>> No.19672628

>>19672464
how/why would it be a felony? explain to me why or how every western government would overnight ban Monero, and then explain to me how ever asian government would ban monero at the exact same time over night. How can p2p cash even be banned...you would have to ban electricity wouldn't you? Don't you think that if countries need to 'ban' something, it proves its worth and creates a black market premium? What is the streisand effect (consider: most normies don't even know what Monero is)?
And most importantly, why are you shilling for the jew when instead you can be supporting fungible cash? This is a civil liberty that you should support, just like PGP. And even if you have the claim that it could be banned, you have to explain why that is the case. As long as somebody pays their taxes, they are doing nothing illegal.
>>19672474
>all that projection
oh my god a handful of nations made it illegal wow I'm so scared.
Answer me this anon: is bitorrent illegal? Yes or no? And if no, why is it that you can use torrents to pirate movies/porn/music/ applications? Is it that governments will arrest people if they are caught doing illegal things, but if they use torrents for non illegal means it is fine?
In that regard, that is why Monero should be legal. It is not illegal to give digital cash to somebody else. They just need to report their taxes. And if they don't, and are caught, they will serve time. It's not that hard.

>> No.19672660

>>19672628
the existence of XMR is in violation of AML laws and hence will result in its illegal status on the world stage. you are financially illiterate and should by all means purchase a long rope.

>> No.19672754

>>19670909
STAKE is RSR+XMR fella

>> No.19672779

>>19672660
way to ignore my question. But to answer your statement, how is Monero in violation of AML laws?
Or more specifically anon --and if you don't answer this then you are clearly a glow nigger -- HOW IS USING MONERO DIFFERENT THAN USING IRL CASH?

>> No.19672882

>>19672779
okay faggot i'll bite. i never made the argument that 99% of illegal black market deals are facilitated with cold hard cash bc everyone understands this to be true. not sure if u are aware of this but crypto is barely a decade old, nigger. XMR was designed to evade all forms of identifying transactions with KYC variables. so to a large degree XMR is more cash like than the largest majority of other privacy protocol cryptos. because of that, the use of it which cant be monitored by glow niggers or financial regulatory agencies is something to bet against. XMR isnt immune to the laws, it was created by turbo greed monster cryptographers who wanted a currency immune to taxation. well if you were the legal age to drink alcohol, you'd understand pretty fucking fast how turbo triple mad this makes the kikes who run the big show. believe it or not, all privacy cryptos that evade KYC and AML architecture will be made illegal as the world transitions into the emerging crypto economy and new govt issued crypto dollars. you are betting on a losing horse but i dont giev a shit if u die homeless. youre most definitely a brainless criminal anyways if u are long on XMR. so hurry up and die faster.

>> No.19672983
File: 45 KB, 600x600, 1591730168447.jpg [View same] [iqdb] [saucenao] [google]
19672983

Wew lads, your CP can always be purchased with BTC, stop derailing our thread

>> No.19672985

>>19672882
>XMR was designed to evade all forms of identifying transactions with KYC variables
this sentence makes no sense. if you purchase XMR from an exchange you have to provide KYC identification.
>so to a large degree XMR is more cash like than the largest majority of other privacy protocol cryptos.
which is why it has value
> the use of it which cant be monitored by glow niggers or financial regulatory agencies is something to bet against
you don't think financial privacy is going to be sought after in the future? seriously? You literally say later about how governments are going to issue crypto dollars..
>XMR isnt immune to the laws, it was created by turbo greed monster cryptographers who wanted a currency immune to taxation
Not at all. It was made to be digital cash. Being immune to taxation is not it's purpose, though it is a usecase in small transaction sizes (in larger transactions, like buying a house, there is no way the feds wouldn't be knocking if you just came out of nowhere and purchased it with monero. You would be subject to numerous taxes).
>well if you were the legal age to drink alcohol, you'd understand pretty fucking fast how turbo triple mad this makes the kikes who run the big show
implying the kikes wouldn't want to take advantage of a technology this impressive
>believe it or not, all privacy cryptos that evade KYC and AML architecture will be made illegal as the world transitions into the emerging crypto economy and new govt issued crypto dollars
because all governments think exactly the same
>so hurry up and die faster.
honestly, this projection is from you because you know that Monero is going to win in the long run and you are scared. I like how in the beginning of your rant you agreed that cash is used in 99% black market transactions. I agree! And the reason for that is because it is fungible, just like Monero. You'll figure it out eventually.

>> No.19673000

I'm so depressed and suicidal, will I make it with my 5 million rsr or should I just jump off a bridge.

>> No.19673010
File: 21 KB, 539x564, 1591869682025.png [View same] [iqdb] [saucenao] [google]
19673010

>>19672985
tldr nothing you post will change the fact you are financially illiterate and dont understand basic financial regulatory agencies and how they simply wont allow the kind of reckless faggotry that niggers like you shill for.

>> No.19673030

>>19671517
LOKI brahhhh

>>19670850
OP, RSR is absolute shit.

>> No.19673039

>>19673010
keep projecting bb. It's my fetish. I'm almost there keep going.

>> No.19673107
File: 74 KB, 719x719, 4fOmjigW71izOTKWO2_knfdp8Njiadiy4s1QzYxa630.jpg [View same] [iqdb] [saucenao] [google]
19673107

>>19673000
I had a break up recently and the only thing keeping me together is the hope that rsr will pump to 1$
We will make it by this time next year
Hold on tight anon

>> No.19673164

>>19673107

Strong body strong folio

>> No.19673452

>>19673000
Bridge the time with something productive but dignified. Don't be a goy. You will make it with rsr just be ready to wait 1-3 years. When it pumps to 10-50 cents don't get greedy and take profits

>> No.19673723

>>19673107
thanks buddy, hope you make it too.

>> No.19673801

MY RESERVIES STAY SUPER STURDY 10 DOLLARS END OF YEAR

MY RESERVIES STAY SUPER STURDY 10 DOLLARS END OF YEAR
MY RESERVIES STAY SUPER STURDY 10 DOLLARS END OF YEAR

MY RESERVIES STAY SUPER STURDY 10 DOLLARS END OF YEAR
MY RESERVIES STAY SUPER STURDY 10 DOLLARS END OF YEAR

MY RESERVIES STAY SUPER STURDY 10 DOLLARS END OF YEAR
MY RESERVIES STAY SUPER STURDY 10 DOLLARS END OF YEAR

MY RESERVIES STAY SUPER STURDY 10 DOLLARS END OF YEAR

>> No.19673832

>100 billion total supply

>> No.19674158

>>19673832
only 45b tokens are actually in play and they will release slowly over 6 months after mainnet, and mainnet brings arbitrage which will significantly reduce the circulating supply as whales use the arbitrage smart contracts/pools to "stake". and the "whales" aren't made up of a bunch of random chinese miners, instead the whales are people like peter thiel and sam altman who would understand the tech and incentives better than some random nigger on 4chan.

>> No.19674199
File: 124 KB, 660x1024, hope springs eternal.jpg [View same] [iqdb] [saucenao] [google]
19674199

>>19673452
this.

>> No.19674217

>>19673452
Take profits at 10-50cents???

>> No.19674794

Does RSR have any pajeets, hand rubbers, or arm crossed asians?

>> No.19674877

>>19672985
Anon, you kicked that bootlicker's ass so hard that he tasted shoe leather and got a hard on

>> No.19674894

>>19673010
the DEA simply won't allow people to use heroin either, you pud. If people want something, they'll break laws to get it.

>> No.19675110

>>19670850
nah bro.

ATOM will go to $100

AAVE will 20x from here (100x from bottom)

>> No.19675852
File: 32 KB, 700x700, don laughing.jpg [View same] [iqdb] [saucenao] [google]
19675852

>>19674894
absolute brainlet

>> No.19675958
File: 99 KB, 750x750, praise kek.jpg [View same] [iqdb] [saucenao] [google]
19675958

>>19675110
actually believing this. kek