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/biz/ - Business & Finance

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30071960 No.30071960 [Reply] [Original]

>when you realize that satoshi unironically failed, that bitcoin is just another asset to control and that defi will be a new coat of paint over traditional finance at most
it's fucking over isn't it

>> No.30072172
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30072172

>>30071960
idk what you said but no

>> No.30072367

better software solves these problems, but BTC itself is doomed

>> No.30072518

>>30071960
>satoshi unironically failed,
How?
>uhh the banks still exist!!
So? We have a financial protocol that works independently of trusted intermediaries. We have trustless credit. Trustless remittances. Trustless contracts on which we can build trustless derivatives. You don't really need the banks anymore

>> No.30072593

>>30071960
you are just figuring this out now? it's all a shit ponzi bubble that is about to blow up catastrophically. doesn't mean you can't make money in the meantime though.

>> No.30072738

>>30072593
5 or 10 years ago maybe. Now the risk/reward ratio is skewed back.

>> No.30072764

>>30072367
BTC is going to be around for 100 years.

If the dumb cuck dollary doos can survive longer than that, then a genius store of value protocol will no doubt outperform.

>> No.30072901
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30072901

>>30071960
>it's fucking over isn't it
Not yet.