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/biz/ - Business & Finance

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52354171 No.52354171 [Reply] [Original]

Is there an NFT project t i can buy and hold for passive BNB/BUSD/CAKE?

>> No.52354952

have you checked out zoodao yet?

>> No.52355453

>>52354171
NFTs have no more purpose op, they were always useless and they will continue to be so

>> No.52355458

>nfts
why is biz so stupid?

>> No.52355464

All of the coins you just named are either completely useless or in the process of dying

>> No.52355471
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52355471

pathetic anon, go back

>> No.52355482

>>52354952
shill me on this op, i need to pass some time while i wait my plane

>> No.52355510

>>52354171
>BNB
People need to realize that Binance Coin is the biggest regulatory time bomb in crypto. The coin is essentially a marketing ploy for a commercial entity. The SEC will 100% throw the book at it. If any coin is without a doubt a security, it’s this one so the SEC will have a field day.

It’s not a matter of if, but a matter of when.

Do not HODL this coin, you will absolutely get burned.

>> No.52355515

>>52355510
Well, the SEC can cry as long as it wants, but Binance is a Chinese company, they already try to shut it down, and nothing happened, the whole world can use Binance and the US stayed with the awful clone that is binance us

>> No.52355545

>>52355510
Are you familiar with the curve wars? It's basically like that, you enter a liquidity pool with one or other NFT project, interact with the communities and inject your money into either to bet on which one will win. Whichever wins will get the money (boost) and will give everyone on the pool a reward. The best thing? You don't lose money if your pick didn't win. So it's literally a win win for however is in there, it's nuts. Ticker: ZOO btw

>> No.52355549

>>52355515
There was some speculation recently about how Binance has structured its organization to provide as much insulation from US regulators as possible.

>> No.52355560

>>52355515
Who the hell cares about SEC? Binance isn't American and Americans can't even use Binance.

Binance.us is just the name, the company isn't the same.
>>52355549
Well, they made Binance.us for that reason.

>> No.52355575
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52355575

>>52355510
I personally 100% believe that centralized banking will not go away. Banking provides a lot of great features, including the main problem with crypto; The safety of your wallet.

Even for tech savvy people, the safety of their wallet remains a scary aspect. When you have your money in a bank that takes away that fear. Banks provide safety.

If crypto is to take off much more strongly, truly becoming a fully accepted part of this world, we will have banks for crypto. Sadly, this will likely be the old crappy banks we already have. But defnitely some form of banking that will be used by the average person.

But that is only a good thing. What crypto will give us more control over these types of funds. With all wallets connected even without a bank as middleman, nobody is required to use a bank. They can or can not.

With fiat that's more difficult, with the world online and many places no longer accepting physical cash, putting your fiat in a safe or something is just a pain in the ass.