Redpill me on this

[Anonymous No.29667739]

[Anonymous No.29667819]

It is called algo

[Anonymous No.29667883]

glownigger coin destined for greatness

[Anonymous No.29667976]

>>29667739
the tech is good. its scaleable. solves the trilemma

[Anonymous No.29668034]

>>29667739
in before it solves the trilemma

[Anonymous No.29668539]

>>29668034
almost

[Anonymous No.29668675]

you watch it do nothing on the promise of making a x2 gains a year or so from now while missing out on everything else going on in the crypto world.

[Anonymous No.29669009]

>>29668915
Comfy ALGOchad thread

[Anonymous No.29669398]

>>29667739
Look up Silvio Micali. Look up Turing Award. Look up zero knowledge proofs.

[Anonymous No.29669444]

>>29668539
>Muhhh Trilemma
this is the only reason this hasn't taken off, it's because it's being sold to the public in the least attractive way. Imagine seeing an advertisement during the world cup or super bowl that mentioned it's ability to solve a difficult trilemma.
The one expert that is not currently on pay roll is an advertising director. The first action should be to forbid talk of the trilemma in any kind of promotional message.

[Anonymous No.29669453]

>>29667739
Basically It's founded by Silvio Micali, an MIT professor, which is a cryptographer, that created zero knowledge proof. A Turing award winner, that's friends with the future head of SEC. Powell clearly stated, that FED is in partnership with MIT, which is home to Algorand. After the upcoming upgrade we're going to hit 40k+ tx/s, 2.5s blocks. We already have Marschall islands, and Brazil on board, and if I'm correct SEA. US army also was looking into it. What amazes me the most in Algo is, that it's basically all patented by Silvio (BSV is also somehow patented but it's shit). We also have 7% APY, which is good to bring in new fags, and normies. Fees are below 1/10 of a cent. And without those, you pretty much can't have anything reliable on board, like DeFi. It's most probably going to be a platform for CBDC. The strategy will be, that people will have negative rates in their bank accounts, while they'll be getting like 5-10% on their CBDC platform. It's hard to say from this point, but glowies probably know.

t. soon to be 250k Algo chad

>>29668675
And here we have a perfect example of a shill, that's either bought the top, or isn't done accumulating.

[Anonymous No.29669807]

>>29669453
i'm not shilling shit, i just want my money back cause the enthusiast lied.

[Anonymous No.29670018]

It is the new xpr, the network is completely centralized...

[Anonymous No.29670176]

>>29669807
Nobody forced you to buy at the top.

[Anonymous No.29670254]

>>29670018
https://www.bostonfed.org/news-and-events/press-releases/2020/the-federal-reserve-bank-of-boston-announces-collaboration-with-mit-to-research-digital-currency.aspx

if you don't see the need for a "centralized" system in crypto, you are ngmi.

[Anonymous No.29670281]

>>29667739
DYOR FAGGOT

[Anonymous No.29670390]

>>29669807
That's how it is in this market. If you want to make real money, make your own coin. If you can't like myself, than you need to put your money and trust into someone else. I could've had 10x more if I wasn't scammed at one point in in my 3+ years of playing with crypto. What I know though is, that there isn't more legit coin than this one.

>>29670018
There are different types of coins. Show me a coin, that scales, is decentralized whatever that means, and is secure? I'll tell you. NONE. Even ETH, and BTC which have ridiculously high fees are centralized as fuck. BTC has got like 3 nodes with 50%+ hash power. Algorand is an enterprise coin. They'll have the government backing, and in that case they don't need decentralization. You only need decentralization, if you want to make a pedo coin, that can't be brought down by multiple governments.

[Anonymous No.29670430]

>>29667739
basically a savings account.

[Anonymous No.29670459]

>>29670176
but you did come into my "what should i diversify into" thread and shill this shit like it would make Jesus come back, you irresponsible neck-beards.

[Anonymous No.29670600]

>>29667739
>Glow in the dark coin made by friend of glowies in the financial sector
>Has built in anti pump and dump mechanism to burn despicable pump and dump pajeets

[Anonymous No.29670648]

>>29670281
anyone have that based al gore and meme of him with a doob in his mouth (in this same pic)?

[Anonymous No.29670705]

>>29670254
Yeap, it is fast, but people are not going to transact money from Iran, China, Russian with it. It is going to be like Swift today, they don't wire Iran for example. I guess will have multiple centralized networks in each country for fast daily payments and some coin that will make transactions between the whole network that is decentralized (BTC, monero, ada don't know what will last).

[Anonymous No.29670752]

>>29670018
>doesn't realize BTC is centralized with its mining pools and specialized hardware
Here's the real crypto redpill, no crypto is truly decentralized so you better place your bets on the coin who's on the side of the Fed

[Anonymous No.29670837]

>>29667739
price = 1
year = 2021

while year <= 2030:
price +=0.8
year += 1
print(price)

[Anonymous No.29670891]

>>29670459
What are these amazing cryptos that have big gains from the same date you bought Algo? Shill me so I can make gains too.

[Anonymous No.29671120]

>>29670891
neverous/enjin up 50% today and i had no liquidity to get as soon as i read the news nerve hit voyager.

[Anonymous No.29671122]

>>29670705
Monero will never be used by any governments. It's only used for buying drugs. Bitcoin might become the store of value instead of gold, but who knows. ADA isn't going to be ready by the end of this cycle, so I don't even look at it. It might show something in 4 years though.

>>29670752
This. Theoretically there could be a coin, that could be decentralized enough to not be taken down, but it'd scale to max 10-20 tx/s. That'd be all you need for darknet stuff, but it's a niche. What we need is centralized scalable solutions.

[Anonymous No.29671288]

>>29670430
>put savings in when algo is 1,80
>algo goes to 0,80
>your savings have evaporated

so this is the power of /biz/

[Anonymous No.29671385]

>>29671288
>>put savings in when algo is 1,80
buying the tippy top frend and you'll be fucking rekt

[Anonymous No.29671840]

>>29671288
This "Algo is just a savings coin" narrative is completely wrong. Algorand is just as much of a speculative coin as anything else. Algorand literally went from 15c to $1.8. This narrative is pushed by whales (me included when I was still accumulating), so that people will think, that this coin doesn't have potential to go parabolic. When it comes to me I'm not going to sell below $10. This is my golden ticked to financial freedom.

[Anonymous No.29672292]

>>29667739
basi cally algo rand and card ano are neck an d ne ck and they are going to h av e it out like no one else has have had it out be fore !

[Anonymous No.29672383]

>>29670648
no i cant say i do anon LOL

[Anonymous No.29672452]

>>29670018
>the network is completely centralized
PoS encourages that by compound interest via rewards on any online wallet. Someone making 0.01 ALGO a day has a wallet with some coins in it. Someone making 100 ALGO a day has an investment they can keep their principal intact on.

[Anonymous No.29672572]

>>29669444
Lmao you know a token is shit if you see it shilled for years and still have no idea what the use case is.

[Anonymous No.29672654]

>>29671122
Government will keep using SWIFT forever... People will use crypto, small companies will use it for tax evasion, big ones make off-shore companies (the government will keep their eyes shut over this). Goverment will tax the shit of crypt to get enought money for compensate the small companies tax evasion.

[Anonymous No.29673068]

I have no idea, saw it on some diagram once along with IOTA, XLM, XDC and XRP so I buy all of those coins.
Either incredibly big brained move, or completely and utterly retarded.

[Anonymous No.29673246]

>>29672572
>shilled for years
ALGO was never really shilled on /biz/ until last summer.

[Anonymous No.29673428]

>>29670837
can we do price *=0.8 instead?

[Anonymous No.29673554]

>>29673068
If you want to be rich 3-5 years from now, keep stacking ISO 20022 coins. There's a few more than the ones listed in the diagram like ADA but really the way forward is ISO 20022 as ERC-20 gets phased out of mainstream usage.

[Anonymous No.29674217]

>>29673554
What is XinFin?

[Anonymous No.29674567]

>>29674217
If I understand them right, they're another hybrid blockchain protocol designed to bridge crypto with fiat