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

/biz/ - Business & Finance

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28179476 No.28179476 [Reply] [Original]

>> No.28179542

>>28179476
You realize this only increases the value, right?

>> No.28179554

>>28179476
Based Persia

>> No.28179572

China bans bitcoin again

>> No.28179609

Only high quality countries.

>> No.28179727
File: 203 KB, 475x536, ACF943B0-D3C6-4162-B2B3-AF8D85EEF2D9.png [View same] [iqdb] [saucenao] [google]
28179727

>>28179476

>> No.28179738

>>28179476
Hilarious that all these countries stand to benefit the most from a USD alternative.

>> No.28179754

>>28179476
Wooow high quality countries banning the coins trading because it's the only thing their population can do to escape poverty that their governments are incapable of solving or even not willing to!
How does that affect us?

>> No.28179779

how is it even possible to ban crypto?

>> No.28179870

>>28179779
>How is it even possible to ban murder? You can still go on the street and stab anyone you see

>> No.28179878

lmao iranians have money for buying crypto? :-DD

>> No.28179988

>>28179727
Get after it

>> No.28180020

>>28179878
Only the ones that suck the government's dick and even then they're shovelling it to London instead.

>> No.28180035

NOOOOOOOO NOT MY HECKIN NIGERINOOOOOOOOS

>> No.28180049

>>28179476

>nooooooooooooooooo

But who then will flood the crypto community with low-IQ scam attempts?

>> No.28180099

>>28179738
The people running these countries aren't stupid. I'm sure they have reasons for this, probably related to retaining control over populace

>> No.28180104

They’re only banning crypto to keep their people poor. Load up on Elastos, chinas billionaires will be using it.

>> No.28180154
File: 42 KB, 613x548, nigerianprince.png [View same] [iqdb] [saucenao] [google]
28180154

>pigdin BBC

>> No.28180187

>>28179476
>china

>> No.28180230

>>28179476
>Nigeria
Please explain to me how this has any meaningful impact whatsoever.

>> No.28180273

>>28180154
They made gizoogle a real thing?

>> No.28180292

>>28179476
They can't ban SUTER tho, the privacy fundamentals are too strong

>> No.28180313

>>28179738
>benefit the most from a USD alternative.
They'd only profit from an alternative they can control.

>> No.28180328

>>28180154
i read an article like this before. i can't believe it's a real thing. what a joke.

>> No.28180371

>>28179779
How are you going to buy shitcoins if the banks block you from doing it?
Obviously if you're holding you're fine, but no one else is going to buy your bag

>> No.28180378

>>28179572
again? damn

>> No.28180450

I'm surprised the Chinese government hasn't convinced their citizen that crypto is an evil western scam

>> No.28180464
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28180464

>>28180154
>Report say to avoid detection, some wayo pipo dey send millions of dollars to Nigeria

I hope that little alien from Kill All Humans is real and he wipes us the fuck out.

>> No.28180502

>>28179476
this is great news

>> No.28180586

>>28179476
Doesn’t China have hydro dams used for mining crypto? Wtf?

>> No.28180667

>>28179572
This. OP is a newfag if this is babbys first x country bans bitcoin.

>> No.28180711

>>28180313
no because nobody would trade with them in a currency they control.
think about it...

>> No.28180741

>>28180586
Probably used as a backup plan until they can create their own crypto that they control

>> No.28180806

>>28180586
I think they banned everything but Chink coins.

>> No.28180906

>>28180806
how many times now have china and india banned bitcoin? can't even count.

>> No.28180940
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28180940

>>28179476
good

>> No.28180978

>>28179870
Shit comparison, crypto is more like internet piracy at this point.

>> No.28181069

>>28180978
Except you don't use your bank to pirate things.

>> No.28181169

>>28180230
Average middle class Nigerian salary is like $400-$600 per month. 23% of the Nigerian population is middle class apparently. So that's 46,000,000 people.

Let's just say 10,000,000 people. If even 1/2 of them buy Bitcoin with 10% of their annual salary, that's (5000000*40)/month = $200,000,000 in Bitcoin purchased per month.

Of course, this is the extreme upper upper bounds. But a growing African country doesn't have strength in individual purchasing power, but have a strength when combined, since the population growth is absolutely egregious. And, they were already on mass-cryptocurrency adoption trajectory, more so than most other countries.

Like it or not, this is a kind of big deal, contrary to the other anons who dismiss it because "Nigeria = niggers = poor".

>> No.28181388

>>28179476
Poor countries getting priced out from future wealth they could've had.. that's sad, now i'm sad

>> No.28181406

>>28179476
they can still probably use suterusu to protect themselves though

>> No.28181487

>>28181388
*The middle-class in poor countries are being priced out from future wealth.

Not the rich. They are probably holding and accumulating. Think Dangote-type rich but not publically exposed.

>> No.28181708
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28181708

Thats fucking gay. Just bitch made governments trying to prevent the people from acquiring wealth.

Its the same shit all over the world, Im SICK of these leech faggots.