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

/biz/ - Business & Finance

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53409572 No.53409572 [Reply] [Original]

>> No.53409581

>>53409572
anything thats not PoW is a scam

>> No.53409593

>>53409581
billion dollar companies are building on Ethereum and you call that a scam
watch how any more companies will flock now that picrel started the modular scalability movement

>> No.53409605

>>53409572
The Davos CBDC trial has performed rather well. Still not interested in buying it though.

>> No.53409623

>>53409572
Now that’s it’s a PoS, it’s very likely it’ll flipper bitcoin through sheer supply inflation

>> No.53409626

>>53409593
Doesnt matter. Bitcoin is backed by billions of dollars in machinery and the computational power they generate

>> No.53409633
File: 136 KB, 748x748, 1672579399010527.jpg [View same] [iqdb] [saucenao] [google]
53409633

>>53409581
Yes.

>> No.53409641

I'm a big fan of Ethereum because of its connections to both big government and big investment banking corporations. I believe that the blockchain technology that Ethereum is built on has the potential to revolutionize the way we do authoritarianism, and I'm bullish on the potential for Ethereum to be used for permissioned compliance and dystopian censorship and surveillance.

>> No.53409651

>>53409572
What does Mantle have to do with this though?

>> No.53409677
File: 8 KB, 300x232, smartest ADA holder.jpg [View same] [iqdb] [saucenao] [google]
53409677

>>53409626
>look this machine that i paid thousands of dollars for will explode if i dont deploy an intricate cooling system
>yeah i also need to completely upgrade the entire set-up every half a year or so
>isnt that so cool!!
you sound so fucking stupid right now
Bitcoin is backed by clunky wasteful machines, Ethereum is backed by REAL money from REAL companies producing REAL products and services

>> No.53409686

>>53409641
very reddity text, but i'll let it pass because its 100% true

>> No.53409706

>>53409651
its a hyper L2, so im assuming OP means that Ethereum is more scalable than Bitcoin which kinda makes sense actually

>> No.53409824

>>53409572
thanks for the reminder anon. see you tomorrow
>>53409651
they launched the first modular testnet on Ethereum meaning that mainstream scalability can now be achieved

>> No.53409843

>>53409572
cope
>>53409824
>Lightning Network
read about that first anon

>> No.53409858
File: 29 KB, 820x795, 16-166548_pepe-great-post-laughing-pepe-with-glass.jpg [View same] [iqdb] [saucenao] [google]
53409858

>>53409843
>>Lightning Network
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH

>> No.53409881

>>53409581
based
>>53409651
L2 are basically parasites removing security, the fact its even aceptable means that the fundamental value of bitcoin is 0$

>> No.53409950

Bybit should have made their own L1, ethereum is dead and gay. Only degenerate losers even know ethereum exists

>> No.53409956
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53409956

Just came in to say XMR will be the only used sh*tcoin in 2040. Thank you all and g'night skelleniggers and maxiniggers.

>> No.53409966

>>53409881
this is the comment that shows you how ignorant/retarded some people on biz are

you obviously have no idea what an L2 really is
commit-chain is not the same as an L2

L2s take zero wealth from Ethereum. They also inherit 100% of their security from Ethereum and are completely immutable

The L2 that OP mentioned in the thread has all of these qualities.
Take a longer time reading up next time anon

>> No.53410009

>>53409950
You mean BitDAO. ByBit has nothing to do with any of this
BitDAO was initially voting on creating their own L1 but they soon saw it more fit to stay on Ethereum and I personally think its a very smart choice from them.

Ethereum is here to stay and alt L1s will soon fade away
If anything, the real wars are in the L2 space right now, not the L1 space anymore

>> No.53410106

>>53409633
>i spent a billion dollars on electronics that need to be replaced every 4 months. im so smart hehe!!

>> No.53410127

>>53409956
>there are people still shilling XMR
we still havent bottomed...

>> No.53410135

>buy ETH, Lego, and Fur Suits
>Always bottom ;-)
Simple as. See you at ETH Haiti!

>> No.53410138

>>53409950
>Only degenerate losers even know ethereum exists
would you care to tell us how you know about Ethereum, anon?

>> No.53410149

>>53410135
noice

>> No.53410153

>>53409572
yes.
right after ada flips both of them.

>> No.53410173

>>53410153
you need dapps for that anon

>> No.53410175
File: 103 KB, 264x263, 1663640512298484.png [View same] [iqdb] [saucenao] [google]
53410175

>>53409572
>OFAC compliance
Nothing personal kid.

>> No.53410199

>>53409593
fucking rentseekers. enjoy your state captured shitcoin

>> No.53410260

>>53409572
oh great, another L2 yay

>> No.53410272

>>53409626
>>53409633
this logic is so dumb and flawed
>>53410260
>oh great, another L2 yay
except its literally the only modular L2 available right now. this will scale Ethereum to beyond what we were anticipating

>> No.53410282

>>53410272
they said the same about evert other L2 yet nothing happened
>this time its different!
fuck outta here

>> No.53410295
File: 219 KB, 1048x809, cozy.jpg [View same] [iqdb] [saucenao] [google]
53410295

>>53410282
your fault for believing the crap before actually seeing the tech
Mantle's testnet is live NOW. this isnt just talk
the tech is right there and its laid out in the most transparent way possible

>> No.53410317

>>53410272
>mETH
Serious question. How do you plan to handle OFAC compliance?

>> No.53410677

>>53409641
Buy unironically

If you can't beat them join them

>> No.53410753

>>53410175
Out of a job by end of year. Screencap this post.

>> No.53410860

>>53409581
fpbp
mETH pedos will rope in the end

>> No.53412452

>>53409633
Have literally always thought this image takes a giant shit on how retarded btc is and how much better eth is, lol. And it is indeed the case. Imagine presenting this as your win

>> No.53414165

>>53409572
Really looks like it desu, the ETH ratio is insanely high for a bear market.

>> No.53414964

>>53409881
ai bot answer

>> No.53414981

>>53409572
Actually Avalanche will replace both because it can already scale TODAY.

>> No.53415034

>>53409572
I've always know that ETH is shit, from high gas fees to POS migration, Instead of buying ETH I'd better slurp ORE ICON and MONERO

>> No.53415066

Is the SEC ETH is a security FUD getting to anyone else? With the FTX shit show, US government regulation is just over the horizon. Im scared bros. What if I can't even sell my internet money on exchanges because the SEC makes crypto exchanges stop trading and holding "unregistered securities"? Crypto will be kill

>> No.53415307

>>53415066
I fucking hate US.

>> No.53415351

>>53409966
But Its lacking a DiD protocol.

>> No.53415362
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53415362

>>53409572
>Day 1 of
I'm gonna watch you, famalam.
On days where I work, I'll have my gf watch you.

>> No.53415378

wen token?

>> No.53415468

>>53415351
You mean a self custody protocol with a single password instead of multiple keys for authentication across chains and wallets?