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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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27234923 No.27234923 [Reply] [Original]

Redpill me on this coin, is it worth buying?

>> No.27234972
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27234972

>>27234923
Not for you

>> No.27235119

Wtf is wrong with you it's the fucking euro what's there to redpill about retard

>> No.27235163

>>27234923
dying currency. Not even gonna manage to last as long as the Latin Monetary Union that did the same thing and died

https://en.wikipedia.org/wiki/Latin_Monetary_Union

>> No.27235178

>>27235119
>falling for a bait thread

>> No.27235223

>>27235178
>keeping the bait thread going

>> No.27235232

>no hard marketcap
>Dev team not transparant in distribution among themselves
>Dev team caught in creating more of this coin multiple times
>No real purpose, except for making it easier to trade between countries with non equal economies (bad thing)

Yeah I'm assuming a rugpull soon

>> No.27235335

>>27234923
I'm fucking baffled that poor countries wanted in. What did they think would happen?

>> No.27235490

>>27235335
Get free money from North Europe (see recent example where Netherlands and Germany bailed out Italy for not knowing how to finance)

>> No.27235508

>>27234923
sell for BTC
never switch back

>> No.27235560

Widespread adoption
Very low or even no tx costs at all
Instant confirmation times
Decentralized storage of value and anonymous payments using the physical tokens

I think the technology is solid, it just lacks a killer app.

>> No.27235559

>>27235490
>Netherlands and Germany bailed out Italy
italy is net contributor retard
nobody bailed out italy, all these money are going to poland and ex commie shitholes
euro is a shitcoin btw

>> No.27235706

>>27235508
>dips
>>money lost

>> No.27236080

>>27235559
Lol, are you already retired

>> No.27236133

>>27236080
>>27235706
i'm retired cause i bought btc for cheap

>> No.27236197

Pretty cool stablecoin thanks to dynamic supply and demand mechanics. Runs on unhackable ECB chain, some kind of proto block chain.

>> No.27236524

>>27234923
Some nice anti-tampering measures, massive normies adoption. on the other side, mostly used by criminals, no custodial wallets, costs horrendous amounts of energy to produce, is not backed by anything, network security is shit (transactions can be reversed and double spent) and i didn't mention the tokeneconomics and the high inflation rate.
TL;DR nice to buy drugs, really shit as a long term hodl.
>>27235119
found the /pol/tard

>> No.27236537
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27236537

>>27234923
Digits and the Eurozone collapses in 2022

>> No.27236737

>>27236537
Checked

>>27234923
King of the big fiat shitcoins, normie adoption keeps it from going to 0 however.

>> No.27237646

>>27235163
LMU was more rational since it didn’t include Germany. Yet it failed. Soviet Rouble is another example

>> No.27237696

>>27237646
this
BTC will survive way longer than EUR

>> No.27237700

>>27236537
Rolling for instant euro-superstate-unification

>> No.27237740

>>27237700
>i want to live in the URSS
jeez what a moron