/biz/ - Business & Finance

[Anonymous No.28877838]

Do you guys actually care about the 'tech' or are you just in crypto for the money?

[Anonymous No.28877930]

>>28877838
Crypto is a means to an end, the only loyalties I have are to my own happiness and the well-being of those around me. I would sell my treasured 1st LTC if it would get me a tidy profit.

[Anonymous No.28878110]

>>28877838
There is no tech, it’s all smoke and mirrors.
The money will be windfall taxed away. NEETs gonna howl, but it’s what’s coming.

[Anonymous No.28878147]

>>28877838
yes

[Anonymous No.28878420]

Both actually. I genuinely think crypto is useful and I've seen it being used IRL as a software dev so I know for a sure it's not a meme. I expect it to be used more and more especially in the governance sphere

[Anonymous No.28878566]

>>28878110
>what are nfts
>what are space nodes.
>what are smart contracts
>what are oracles
>what are tax evasion and money laundering coins and serves and hidden savings accounts

[Anonymous No.28878573]

>>28877838
I am actually in it for the tech. But I cannot find any tech, only prototypes, vaporware and badly written documentation. In the end, is still a big gamble. My last bet was on AVAX, but they shit the bed so bad... I kinda lost hope for a little moment.

[Anonymous No.28878618]

Both, some projects have genuinely interesting or useful tech, plus I'm hoping the internet leans towards decentrailization in general for everything. I just happen to also like it as an investment vehicle.

[Anonymous No.28878643]

>>28877838
I love the tech and in love with crypto not really because of money but coz of the unique features every new project gives..

I just found a gem its looks unique lets see how they work on it
https://mochimo.org/

Plz share with me more good projects.

[Anonymous No.28878698]

>>28877838
both
crypto is the most painless way to pay for something I have ever used, it even beats cash in term of practicality. I don't want cash to disapear tho.

[Anonymous No.28878824]

>>28878618
also this
>plus I'm hoping the internet leans towards decentrailization in general for everything

and the best is when I move around >10k worth of shitcoin without needing to notify anyone or anything unlike with (((banks)))

[Anonymous No.28879146]

>>28877838
Both. I hate the Jewish banker cartels, I hate the fact that they make huge interest off of loaning my money out and keeping 99.9% of the profit, and I hate the fact that the government can steal straight out of my pocket via inflation. Crypto is the best solution we have to these problems right now, albeit not perfect.

But I also want more money.

[Anonymous No.28879485]

>>28877838
I would have to care about the tech side of it to realize its potential. If I did not care for the tech I would be just holding onto memes instead of dreams anon.

[Anonymous No.28879491]

>>28877838
I mean if you actually work in tech you would know this shit has been regressing for nearly a decade

It's all built on string and cum loosely tying it together, If anyone actually implemented any use case of bitcoin or smart contracts or whatever other retarded shit some 20 year old came up with in his notebook it would be used for maybe 6 months, sold off to some dipshit ceo and than discarded in the wastebin for the new hot thing.

Tech is reliant on people who know how to do things.
Not many people know how to do things. Especially not the pajeets that now make up over half of the workforce that pushes tech in """America"""

I'll start to believe in the tech when I don't see a single tranny at Amazon HQ

[Anonymous No.28879555]

>>28877838
I used to care about the tech, way before Bitcoin had any real gains the tech is what interested me to buy. I expected Bitcoiners/Crypto people to be very antigovernment and passionate. When I eventually logged on to the now defunct BTC-e exchange and talked in the troll box I found out they were just a bunch of greedy speculators who didn't believe in the tech at all, that's the norm in the crypto space.

Bitcoin is really a failure. It was supposed to be a currency to replace central bank fiat and liberate people. But it's a failure as a currency, it's centralized by communist chinks and eventually the technocrats will crack the encryption so it's doomed long term. Just enjoy the ride while it lasts, we're all fucked in the end.

[Anonymous No.28879631]

>>28877838
all in BTC
central banking is over

[Anonymous No.28879852]

>>28879555
>Bitcoin is really a failure. It was supposed to be a currency to replace central bank fiat and liberate people. But it's a failure as a currency, it's centralized by communist chinks and eventually the technocrats will crack the encryption so it's doomed long term.
t. central banker
fuck off kike, Bitcoin is running exactly as intended, making yellen, lagarde and cartens seethe everyday

[Anonymous No.28879963]

>>28877838
$

[Anonymous No.28880105]

>>28879555
>I HATE REGULATION AND CENTRALIZATION
>NOOOOOO EVERYONE HAS TO HAVE THE SAME IDEOLOGY AND MOTIVES AS ME
Pick one

[Anonymous No.28880265]

I’m in it for the tech and that’s why I own hot

[Anonymous No.28880430]

>>28877838
I am in because I believe in the tech and its potential to fuck with governments. It's one of the best tools against oppression, and we will soon need every tool we can get. Getting rich while investing in it is a nice extra, but nothing more. I don't really care much about having money.

[Anonymous No.28880523]

>>28879555
>It was supposed to be a currency to replace central bank fiat and liberate people
Is there anyone who actually fell for this? Bitcoin got big because of darknet markets and articles about people paying pizzas with digital money or being able to buy a lambo. And now that Robinhood made buying stocks and crypto easier than ordering a pizza, people treat it as a speculative asset.

[Anonymous No.28880557]

>>28877838
The “tech” is a spook.

Any blockchain “tech” could be implemented on AWS serverless 10x better than a native blockchain implementation. The only advantage the blockchain has is there’s no figurehead (Jeff Bezos)/corporate logo for people to hate on.

This is why there’s no blockchain programming general on /g/- real programmers know the blockchain sucks for application development.

[Anonymous No.28880617]

>>28879852
If you really believe that you're a fucking retard.

[Anonymous No.28880638]

>>28880557
and because /g/ is just /pol/tards who bought an old thinkpad on craiglist

[Anonymous No.28880722]

>>28877838
I just want to not worry about anything, and the tech helps that happen. I want to rent, and be provided with a basic stipend for necessities, and I'll be happy not owning anything and being treated like a teenager for the rest of my life. Do you really want to grow up and be satisfied with the hard work you do in order to accomplish goals, or do you want to simulate those feelings and never leave your house playing games all day. Do you really think your mind can tell the difference between a simulation and the real. For me it's easy, do it for me squire, plus I have another episode of anime to watch.

[Anonymous No.28880723]

The money, duh.

[Anonymous No.28880768]

>>28880523
>people treat it as a speculative asset
people treating it only as a speculative asset, will sell it for a profit and then neck themselves when they discover Bitcoin was their life vest
meanwhile their USD stack will become worthless

[Anonymous No.28880823]

>>28878420
Give some real world examples to us here. Where have you seen this used in the real world that a normie can relate to?

[Anonymous No.28880839]

>>28880557
>Any blockchain “tech” could be implemented on AWS serverless
Imagine not understanding what trustless decentralization is

[Anonymous No.28880958]

>>28877838
A bit of both. I want to be financially free without any money concerns so I can get on with other things but I also think that the trustless aspect of blockchain is needed to destroy the liars trying to destroy us all.

[Anonymous No.28880979]

>>28877838
Im in it to gamble just like everyone else, but I really hate how the community has been taken over by
>e-celebs
>tiktok zoomers
>musk
>finance bros (you know the type)
>overachieving asians
>IRS

I supposed this happens with any neckbeard hobby that either is legitimately fun or makes people money.

[Anonymous No.28881010]

A little bit of both

[Anonymous No.28881048]

>>28877838
No, I don't care about the tech. I'm an engineer so I understand it, but technology is just a means to an end.

[Anonymous No.28881090]

>>28877838
Mostly the money

[Anonymous No.28881137]

>>28877838
with chainlink i care about the tech. it could end up having an effect on every facet of life

[Anonymous No.28881218]

>>28880523
That was the whole point of Bitcoin, to be a currency people used to buy things everyday and make government fiat obsolete by giving people real honest money and therefore freedom. Go read the bitcointalk.org forums and Satoshi's early posts. Bitcoin is a failure, anyone that thinks it pisses off bankers is a fool. We still price things in dollars not Bitcoin, when you go to buy food it's with government fiat and that's all the Bankers care about. Bitcoin has become just another captured commodity just like Gold. When the everything bubble pops Bitcoin will deflate right with it.

[Anonymous No.28881233]

>>28881137
not really its just a means to get data into ethereum

[Anonymous No.28881246]

>>28877838
Will care about tech again when crypto becomes crypto again.

[Anonymous No.28881265]

I care about BTFOing the banking Jew and the federal reserve. Getting rich is just a bonus.

[Anonymous No.28881358]

>>28881233
Which is the most important aspect right now. Literally the fucking trillion dollar solution...

[Anonymous No.28881457]

>>28881265
they already won you retard, you're on a fool's errand

[Anonymous No.28881522]

>>28877838
>are you just in crypto for the money?
Money is just a means to an ends, and if you're paying attention, the ends should be a fully outfitted homestead deep in the woods so that you can live with dignity instead of in a fucking pod city

[Anonymous No.28881587]

>>28881457
>they already won
they will stop celebrating when we will stop accepting fiat shitcoins

[Anonymous No.28881614]

mostly for money but XMR tech is pretty based

[Anonymous No.28881691]

Here's a list of coins I want to succeed:
1.cardano-if its not a vaporware scam so it can become web 3.0 and make the internet as we know it obsolete
2.nano-because fuck fees amirite?
3.avax,cosmos, any ethereum killer basically because ethereum sucks balls.
and the only I hold
secret network-because most applications for blockchain tech will require privacy and its practically the only game in town.
>coins I don't care about
1.chainlink because the coins above(except for nano) have apis without the need for a token.
2.bitcoin:because its a failure
3.ethereum because it sucks balls
4.the rest I guess cause why not, especially the other "oracle coins" such as band protocol, api3, etc...

[Anonymous No.28881722]

>>28879491
I'll just put this here. Scroll to the bottom and you can see CERN is using blockchain tech to monitor air quality. There's also a ton of other use cases you can see.

https://www.algorand.com/what-we-do/use-cases

[Anonymous No.28881782]

>>28881691
oh monero is cool too I guess

[Anonymous No.28881823]

>>28878566
most of those are retarded fucking memes, especially nfts, dumbest shit I've ever heard

[Anonymous No.28881927]

>>28877838
bit of both. I want to accumulate the projects that look good, and swing / speculate a small portion in the short term

[Anonymous No.28881929]

>>28878566
Cope harder, you’ve been played.

[Anonymous No.28881989]

>>28881722
Listen retard, Green energy shit is always 100% a scam

Don't fucking (You) me when your IQ is double digits

[Anonymous No.28881993]

>>28881691
crystallized late adopter cope lmao

[Anonymous No.28882248]

>>28879555
I think its a bit pessimistic to think its a complete failure.
There is a lot of greed in the space, and a lot of people are going to get absolutely fucked this cycle as well.
But there are small sprouts starting to pop out, defi in its current form is a ponzi, but there is definitely something there.
You can bet that someone, somewhere is puttting together the true god protocle

[Anonymous No.28882356]

>>28880839
>Imagine not understanding what trustless decentralization is
It's precisely because I understand what trustless decentralization is makes me recognize that it's shit compared to traditional decentralization (AWS).

With trustless decentralization, every data exchange must be routed through multiple providers. This is slow and inefficient compared to serverless decentralization where you only need to route to one provider per call.

You are literally paying $100 for a single decentralized transaction now, when you could get 100 million transactions for the same price on AWS.

And before you complain that I can't "trust" Amazon to be a reliable store of data, remember it is in the best financial interest of Amazon to be a reliable brand for serverless architecture and therefore not fuck with their user's data arbitrarily. A financial interest to be a "true" store of data is exactly the same principle the blockchain works, except AWS achieves this 10000x faster and cheaper than the blockchain.

[Anonymous No.28882419]

>>28881989
Yeah, dude. Recognizing the fact that blockchain tech can utilize nanoengineered diamonds to create an unclonable identity layer on any object totally makes me retarded.

[Anonymous No.28882565]

>>28882356
>remember it is in the best financial interest of Amazon to be a reliable brand for serverless architecture and therefore not fuck with their user's data arbitrarily.
Oh sweet summer child. All they have to do is claim you're somehow affiliated with "right wing extremists" and your money is gone.

[Anonymous No.28882569]

>>28882356
trust is the most valuable commodity if you think about it.
If there was one man everybody in the world could trust he would become the richest man over night.

[Anonymous No.28882700]

i did compE major in top10 engineering school
FUCK TECH
im here for profits

[Anonymous No.28882808]

>>28881587
you think they aren't profiting off of or controlling the new paradigm of currency. small fish are 'profiting' off of this because they are allowing us to. we're feeding right into their hands.

[Anonymous No.28882952]

>>28882565
>All they have to do is claim you're somehow affiliated with "right wing extremists" and your money is gone.
UNCONFISCATABLE
SUCK MY DICK GLOBOHOMOS

[Anonymous No.28882962]

>>28882419
>MY SHIT COINS CAN REPLICATE MATTER AND TAKE ME TO THE MOON ON INFINITE ENERGY

Yes, it does in fact make you a retard

[Anonymous No.28883018]

>>28878566
What are space nodes

[Anonymous No.28883199]

>>28882962
Clearly you've never read a technical paper in your life if that's what you got from that.

[Anonymous No.28883284]

If cardano is successful and I could host a website for a fraction of a penny on the cardano network instead of regular servers why wouldn't I?
Or some other chain for that matter?

[Anonymous No.28883294]

>>28880823
Ethereum (for example) can be used when it comes to e-government services. These services can vary wildly in what they provide since each country is different but at the very least the blockchain will give the assurance of transparency and accountability. It's a lot more reliable than humans which is why it should prove very useful in this particular sector.

In short, a lot of services offered by the government could benefit from using the blockchain, that's the most succinct way I can put it.

[Anonymous No.28883464]

I want a bank account that I get to take with me at a profit when the US balkanizes and the Dollar goes the way of the Dodo.

[Anonymous No.28883550]

>>28877838
the money

>pic rel

[Anonymous No.28883921]

>>28883199
What's the difference between what I said in my exaggeration and a technical paper?

Have you seen the work they've done?
Have you applied any of their test cases on your own?
Can you replicate their results?

>Writes text on 4chan
>THAT'S FAKE AND GAY

>writes text in Markdown
>THAT'S INDISPUTABLE FACT

[Anonymous No.28883935]

>>28878566
what are space nodes?

[Anonymous No.28883943]

>>28882565
Booting users who violate the AWS ToS =/= "money is gone".

Your perceived benefit of the blockchain is that it doesn't have a ToS compared to AWS? For the 99.99999% of applications that don't violate the AWS ToS, the choice will obviously be the platform that's 1000x faster and cheaper than the blockchain.

>>28882569
What are you even talking about? The most trustworthy man wouldn't be worth anything to most people if he's charging millions of dollars for his time.

[Anonymous No.28884060]

>>28877930
based objectivist.

[Anonymous No.28884081]

>>28883943
the most trustworthy man would just be in charge of all the world's money.

[Anonymous No.28884170]

>>28881823
Why are nfts dumb

[Anonymous No.28884227]

>>28883943
Yeah lets give Jeff Bezos and his left-wing authoritarian company complete unilateral control over the world's finances. That's so much better than bitcoin. Nothing could possibly go wrong.

[Anonymous No.28884277]

>>28883935
either of the two points at which a planet's orbit intersects the plane of the ecliptic or the celestial equator

[Anonymous No.28884344]

>>28883943
>trusting a centralized party in 2021
ngmi

[Anonymous No.28884348]

>>28877838
The money, crypto is never going to be used to destroy the central banks and take money from the government or whatever, that dream is long dead.
It's noy that it can't, it's just not going to happen.

[Anonymous No.28884409]

>>28884348
it's happening
slowly, then suddenly, you are just too dumb to notice
BTC is about to change your life

[Anonymous No.28884651]

>>28883943
AWS ToS, aka subjectivity incarnated, left wing is fine but right wing no-no, wow so much for impartiality
kys

[Anonymous No.28884968]

>>28877838
One of the gayest things I've ever heard. Claiming you're in it for the tech is like working in mcdonald's and claiming you care about the company. Disingenuous bullshit. Either that or your some weird idealist like carl sagan or some shit who venerates artefacts.

[Anonymous No.28885201]

>>28877838
Fuck Klaus Schwab and fuck the WEF. I hope an anvil falls that fucking ghoul.

[Anonymous No.28885326]

>tech

[Anonymous No.28885399]

>>28882356
>>28883943
If anything replaces traditional finance, it'll happen because faith in traditional centralized finance dies. Amazon will be the last company on Earth that is positioned to fill in that trust-gap. The reduced transaction cost is mostly irrelevant - that's just not going to be the primary concern that drives the changes to come.

[Anonymous No.28885470]

Finna chain over 1 billion niggers to Europe nomsayin

[Anonymous No.28885759]

>>28885201
>Fuck Klaus Schwab
He vill be the one doing the fucking anon

[Anonymous No.28887183]

>>28878573
LTO

[Anonymous No.28887205]

>>28885399
>Amazon will be the last company on Earth that is positioned to fill in that trust-gap.
The opposite will happen. People don't like centralized finance because they don't like the concept of the government, but they still love their favorite Brand®.

People will abandon the dollar to stick it to the "backwards" Republicans or "real racist" Dems, sure, but their currency will be replaced by AmazonBux or McCoins or Xbox Points or whatever the Brands are accepting as payment nowadays. Brands are already preparing for this.

[Anonymous No.28888532]

>>28887205
I can't tell if you're delusional or just really dumb

[Anonymous No.28888617]

>>28878643
thorchain looks interesing

buy rune

[Anonymous No.28888721]

>>28888532
https://youtu.be/pZk6ia1vFAc

[Anonymous No.28888758]

>>28877838
We all know Claus SantaSwcab wrote that paper about Rubic.

crtl v peperubic2

[Anonymous No.28888815]

>>28888532
>stake your mccoins and receive 1 french fry per transaction

[Anonymous No.28889006]

>>28888815
Both banks and big chains already have rewards systems retard. That isn't stopping people from investing in crypto.

[Anonymous No.28889348]

how do I delete

[Anonymous No.28889366]

>>28889006
but think about it, stake your mccoins, you will have unlimited free food. cant lose!

[Anonymous No.28889780]

>>28889366
The people who decide what unit of currency we're all going to adopt don't care about free french fries.

[Anonymous No.28889927]

>>28888617
No.

[Anonymous No.28890014]

>>28877838
the tech is trash
its either centralized shit prone to hacking and scams or its decentralized, unscalable and sluggish
just here for the money

[Anonymous No.28890164]

>>28877838
I got into bitcoin because i was genuinely interested in the technology and knew it was going to change everything ,Getting rich is nice too but I’m never cashing out.

[Anonymous No.28890178]

>>28889780
no one is deciding what currency were all going to adopt
that autist elon and the GME bonanza marks a change, its all about memes and momentum now

[Anonymous No.28890253]

>>28890178
Who do you think creates that momentum?

[Anonymous No.28890370]

>>28890253
are you an anti semite?!!1111

[Anonymous No.28890660]

>>28890370

[Anonymous No.28890803]

>>28879555
No crypto can ever be a currency, thats the honest truth
only actual tech matters
if you think countries like the US, China or even the European Union would let this shit happen, you're utterly retarded
They have pockets deeper than all the neets together x100000

[Anonymous No.28890879]

>>28877838
this technology will be used to enslave humanity.
so, no, i'm not in it for the fucking tech.

[Anonymous No.28890972]

>>28884227
>Jeff Bezos
>left-wing
You /pol/ npcs really are the stupidest fucking people
Can't you all go back to your newfag board filled with facebook boomers and r*dditniggers ?
I really dont want niggeroids like you near me.

[Anonymous No.28891253]

>>28890972
Sorry commie but he's /yourguy/ along with the rest of the billionaires and oligarchs that run the media, government and economy. You're the establishment now, deal with it.

[Anonymous No.28891351]

>>28877838
You have to care about the tech if you hold for 3 years anon and actively buy in the entire time.

[Anonymous No.28891398]

>>28891253
you really are a npc, throwing around words you don't get doesn't do shit
>commie
I work in asset management
>You're the establishment now, deal with it.
I'm not a disgusting mutt, I'm actually white, thank you.
I'm happy for one thing, seeing you niggeroids from /pol/ and r*ddit means I'll keep cashing free money because you're just genuinely autistic

[Anonymous No.28891704]

>>28891398
>"I'm not an NPC"
>proceeds to have an emotional outburst while posing a string of meaningless insults and NPC buzzwords, and a meme image that has nothing to do with the conversation

[Anonymous No.28892262]

>>28877838
Money. The benefits are not entirely clear to me. Most coins are looking to solve a problem that doesn't exist or doesn't need to exist. Like Chainlink solves the oracle problem but we don't need oracles to begin with, we don't need crypto or blockchains at all. The market is probably overvalued by a factor of 10,000.

[Anonymous No.28892569]

>>28881722
Yeah CERN, IBM and some others are playing with blockchains but it's not needed, they're just toying with the idea. Oh, and they definitely don't need a coin you own. They can make their own private blockchain. That's what IBM did; NEETS and their tokens not needed.

[Anonymous No.28892673]

I'd say 33%/66%. I'm in it for money but it's more fun/interesting than investing in boring ass stocks.

[Anonymous No.28892860]

>>28882356
>And before you complain that I can't "trust" Amazon to be a reliable store of data, remember it is in the best financial interest of Amazon to blah blah blah
You are aware that just one month ago AWS threatened to deplatform and did deplatform anyone who allowed the President of the United States of America the ability to communicate with people. Like you are aware that happened right? But it's OK because you didn't like the president...

[Anonymous No.28893030]

Imagine you have a mailman, but you don't have to trust the mailman to deliver the mail.
That's chainlink.

[Anonymous No.28893824]

>>28877838
I very much care about Monero and other privacy cryptos to a lesser extent, and I think the smart contract based cryptos could be useful online to build ecosystems that don't rely on tracking and ads.
Bitcoin isn't that interesting really, but it's still the one I'd bet on for mid-term wealth storage and it's going to be necessary with the way things are heading.
There are some interesting applications for places like South America and Africa as well, but that doesn't really concern me.

[Anonymous No.28894303]

>>28890972
Kek leftoids really be like: "So what if all of academia, the MSM and even wall street agree with me now? I'm totally counter cultur- yeah I voted for Biden but that was to keep Drumpf out of office!"

[Anonymous No.28894353]

Lol the fucking greed and selfishness in this thread, I’m not in it for the tech itself, but I Definitly full support crypto in everyday shape or form, I think for the first time in my life, I can start to see a future worth living for, a future where my my son, and daughter aren't total fucking slaves.

The societal impacts from this will be fucking massive, a debt free economy is a stress free economy.

[Anonymous No.28894645]

>>28884968
Blockchain technology makes the world more efficient, in the long run blockchain will shape how we work as a whole collective, conflict eventually won’t be a thing, you’re a brain dead retard who only gives a fuck about is himself and his cumsock.

[Anonymous No.28895090]

>>28877838
both obviously
traditional finance is fucking slow and garbage, 3-5 business days to send money across borders, retarded fees for simply having an account, intermediaries telling me where I can spend my own money, it fucking sucks

look at 4chan, no payment processor will work with 4chan, why? because we're a bunch of edgelords and PPs don't want to take the risk of serving this website but with crypto there's no PPs between you and 4chan, if you want to give 4chan money you can do it
look at what happened with pornhub, they nuked most of their porn because visa and mastercard threatened them, if crypto was mainstream they wouldn't even need visa or mastercard

crypto is still in that early stage where it's confusing and tedious for normalfags, like web 1.0 but it won't always be like that and where there's innovation there will be money to be made

[Anonymous No.28895223]

>>28883550
I mean how can you be ted pilled and care about muh capital anyway/