/biz/ - Business & Finance

[Anonymous No.53469516]

Wtf, Reddit is based now?

[Anonymous No.53469538]

>>53469516
retards. All of you. Blockchain is the future of finance. Gets rid of the middleman. Documents all transactions without bias. Even better if the transactions are made immutable

[Anonymous No.53469554]

>>53469538
Blockchain isnt the future of anything, its a justification for a giant decentralised ponzi scheme. crypto is a ponzi looking for a use case. People are buying it because of its speculative value, hoping they can sell it on later for a profit at a later date, to someone who is also buying it to speculate on it and sell it at a later date. Its deflationary too, so why use it as a currency if its value keeps going up? Crypto is just a decentrilised ponzi and NFTs are another search for a usecase to keep the scam going. They provide no real value except speculation, nobody is using crypto for anything except drugs, and nobody buying now believes in the original usecase of creating a currency the gov cant control.

Look up the tulip bubble, beanie baby bubble, coin grading bubble, video game bubble etc.

[Anonymous No.53469571]

>>53469516
Yes anon reddit is very omega giga based.
You should stick to reddit and stop visiting this unbased site.
You belong in the based reddit site.

[Anonymous No.53469572]

>>53469554
just because that's what people buy it for doesn't mean that's why it exists
it's literally just digital money lol

[Anonymous No.53469579]

>>53469538
Autists are always trying to create a world that runs without trust or social intelligence. A world in which they are less inadequate. But they will never succeed; they are too small a group.

[Anonymous No.53469586]

>>53469554
It's_a_bubble_stonetoss.jpeg

[Anonymous No.53469609]

>>53469554
Blockchain =\= shitcoins, retard. The tech of blockchain itself helps streamline shit and take away pointless jobs that shouldn't even exist
>>53469579
You're mentally disabled
>Autists are always trying to create a world that runs without trust or social intelligence.
Yes. That's the best type of world, dumbass lmao. Imagine trying to create waste. It's like saying if you had the option between 2 engines and engine 2 was more efficient than engine 1, you'd pick engine one because you're against "muh innovation" LMFAO
>A world in which they are less inadequate.
This doesn't even make any logical sense.
>But they will never succeed; they are too small a group.
Again. Retarded gibberish. Stringing words together which make no fucking sense

[Anonymous No.53469625]

>>53469538
>Get rid of the middleman
>Now please buy my token that the devs own a majority of the supply, can arbitrary change the supply issuance, and in the end be entirely OFAC compliant

[Anonymous No.53469628]

>>53469609
Oh look, the autist is having one of his 'fits'.

[Anonymous No.53469647]

>>53469625
You don't know anything about how blockchains work, huh? Fucking normies. Imagine wanting more waste. I bet you're against automation too even though it's a step in the right direction to create a more streamlined job market that gets rid of workers that are not truly needed

[Anonymous No.53469655]

>>53469628
Not an argument = you lost
Try again. This time without being childish

[Anonymous No.53469664]

>>53469571
I don't understand why low IQ normies even gravitate to biz instead of stay with the so'ys.
Do lefties really have nothing better to do but whine about shit they don't even understand?

[Anonymous No.53469703]

So true guys. These recent instances of dissident individuals and even entire countries being blacklisted by the entire the global financial order were just figments of our imagination. There’s absolutely no use case for crypto outside of Ponzi schemes.

[Anonymous No.53469707]

>>53469516
Why did nobody make a blockchain virus yet?

Wouldnt it be impossible to kill?

[Anonymous No.53470176]

>>53469664
I don't understand why you bother tossing pearls before swine. At this point, I'm convinced that the people who know where this technology is headed have already positioned themselves accordingly and all the rest are just clueless midwit retards spreading FUD out of their own stupidity or ignorance. Don't waste your energy.

[Anonymous No.53470182]

>get a spam call
we should stop using phones

>get phished through email
we should stop using computers

[Anonymous No.53470209]

>>53469707
Surely this is LARP right? you did a good job because I want to bang my head into solid concrete and crack it open.

[Anonymous No.53470279]

>>53469628
Oh look, it's a retard who is unable to understand a post longer than a tweet and defaults to ad-hominems.
Blockchain is sneeded, sweaty. You'll see soon. It will be fun when the mainstream media will finally allow you to think "wtf blockchain was not a ponzi after all?"

[Anonymous No.53470299]

>>53469625
Ok, now do BTC.

[Anonymous No.53470308]

>>53469609
kid why u mad?

[Anonymous No.53470321]

>>53469703
this is happening in the caribbean too
governments of first world countries don't like corporations using those countries to avoid taxes so what do they do? they attack those countries financially
a bunch of them are greylisted and now banks don't like the increasing cost of doing business with these countries that aren't profitable enough to offset the regulatory burden so the banks are pulling out
this is actually the kind of thing crypto was made to fight against but normalfags think it's a meme because they live in a cushy bubble where they're not in danger of being cut off from anything

[Anonymous No.53470331]

>>53469554
Peak midwit, go back to watching your favorite onions youtubers

[Anonymous No.53470345]

>>53469516
>Redditor thinks he's smart
>Uses Unity 3D

[Anonymous No.53470350]

>non-existing problem
inflation and money debasement is non-existent if you just deny it.
typical plebbit poster

[Anonymous No.53470376]

>>53469554
> It'S lIkE ThE tUlIpS!

[Anonymous No.53470382]

>>53469516
Internet is useless. If I wanna talk to someone I can just call them or fax them. I can watch my favourite sports on television. And the internet is so slow and full of viruses. Besides, there needs to be a proper network system in your area and you need a good computer to properly access it!

[Anonymous No.53470406]

99% of crypto is useless Ponzi scheme and will go 0. There are some are that will be used soon. If you haven't worked that out yet you will most likely miss out.

[Anonymous No.53470597]

>>53469586
A yes, the amogus right wing retard with unfunny tranny comics, that guy sure knows how to give advice when it comes to money.

[Anonymous No.53470647]

>>53469516
>so many "muh ponzi, muh bubble" brainlets in this thread who don't realise that our reality itself is an immutable blockchain ledger that records everything and has its own native currency, energy, that is required for every single micro transaction

[Anonymous No.53470651]

>>53469538
I agree but instead of blockchain in general, it's Monero

[Anonymous No.53470660]

>>53469516
They just aks their honored nignogs and shitskins in 3rd world countries that actually use crypto like it was meant to and have no better alternative because their banking system is nonexistant or a straight up scam

[Anonymous No.53470726]

>>53469579
>>53469609
it's not a conscious act on the part of the autistic technological progression is by nature autistic, it seeks to create order and efficiency through logic and the less steps needed to go from point A to point B increases order and efficiency. this happens everywhere regarding anything that isnt entirely sociological.
>they will never succeed
maybe you havent been paying attention? they already have. jobs are becoming more and more autistic. Blockchain is the future. it makes sense to invest in something so revolutionary. i just feel sorry for you

[Anonymous No.53470735]

>>53470647
Holy shit, mindblown

[Anonymous No.53470751]

>>53469554
>Look up the tulip bubble, beanie baby bubble, coin grading bubble, video game bubble etc.

[Anonymous No.53470772]

>>53469554
dmail.ai is a real use case that I fucking love.
metabox.rocks is also interesting but so far ux/ui might be too shitty.
I love having encrypted cloud storage and e-mail which no faggot companies / governments can look through.

[Anonymous No.53470834]

>>53469516
>Wtf, Reddit is based now?
Always was. There's a reason they shill, troll, bot, and censor it even harder than 4chan.

[Anonymous No.53470859]

>>53469554
blockchain technology is already widely used retard
blockchain =/= bitcoin

[Anonymous No.53470922]

>>53469554
>decentralised ponzi scheme
I love when retards say this

[Anonymous No.53470965]

>>53470382
Phones and televisions are useless. If i want to talk to someone i can speak to their face. I can watch sports in person, or better yet participate. And the phone is so slow and television, full of advertisements. Besides, there needs to be a proper electrical grid in your area and you need to pay to access it!

[Anonymous No.53470970]

>>53469554
>>>r/buttcoin

[Anonymous No.53471006]

>>53469554
pretty much, the only purpose of crypto is to offer a convincing value proposition for people to transfer money from one financial system to a new one. the actual 'use' of crypto is doesnt seem to really do shit

[Anonymous No.53471015]

>>53469516

[Anonymous No.53471044]

>>53469538
imagine if corporations start using crypto as representations of ownership instead of stocks, completely eliminating the need for overly expensive exchanges ran by a corrupt and complex financial/banking cartel. It will start in some third world country and possibly never make it to the United States (due to corruption).

The applications are almost limitless. Records, data, communication exchanges, insurance smart contracts, smart contracts in general. A campaign is being launched as we speak to eliminate bitcoin because it wipes out at least half of the financial industry, and a large portion of other industries.

[Anonymous No.53471197]

>>53469516
Unlike AI, blockchain solves the problem of trust without bias because it has no intelligence. Eg.
>Why shouldn't I bash the guy who fucked my wife?
The typical answer would be
>Because you will get in trouble with the police of whom the chief is conveniently the guys brother
The blockchain answer is
>Because it's unprofitable
In a blockchain society, cheating wouldn't occur in the first place.
Blockchain = people are blocks linked by chains made of sacrifices, but now, people don't make the decisions. The blockchain does.

[Anonymous No.53471361]

>>53469554
If you want the refutation for this: can't just look at the asset's price through time. People buy that asset for some reason, thus you have to look at the societal context in which it was bought.
The Tulip Bubble and the Beanie Baby bubbles were just that: bubbles. Nobody had to buy either of those things. The "bubbles" that you see in Bitcoin do have local bubble-like mechanics because of the self-interaction of the system (what Soros calls "reflexivity"), but what they are really pricing is the likelihood of needing new money because of the existing money veering out of control. Rapid, alternating inflation and deflation are a sign of this. The inflation was kicked off by some other factor, of course, as it always is, but what you're really seeing is instability due to an increasing inability to keep the system stable.
Obviously YOU didn't reason this out, but, to some resolution, you brain is doing it. It wants to actually do the right thing, which is why there's all this content out there, trying to convince you not to do the right thing. If it were just some temporary madness, nobody would make videos or write an endless stream of articles about it. If something like the Beanie Baby bubble occurred today, either nobody would bother writing about it, or people would write the occasional somewhat bemused article.

[Anonymous No.53471374]

>>53471044
imagine if corporations just started issuing their own crytpos that you had to use if you wanted to purchase any of their products, haha, imagine, like, corporate states haha woweeeeeeeeee

[Anonymous No.53471394]

>>53469516
>separating money from the state isn't a turbo solid usecase
golems, golems everywhere

[Anonymous No.53471421]

>>53469538
You know. I know. They don’t.
When you can send money across borders for cents instead of dollars and receive it instantly…
When you won’t have to pay notaries because the house will be bought ont ce chain and save on the costs…
When they’ll make a cheaper Uber, a cheaper Airbnb, a cheaper taskrabbit because of a lack of commissions…
When you will be able to trade stocks like you trade Pokémon cards, and get paid instantly when you sell them, even on weekends…
When your taxes will be calculated instantly because (((they’ll))) know what you bought, what you sold, to whom, where and when…
When you’ll have to declare your carbon credits and be declined your «meat rights» for the week because you drove your diesel car too much last month…

Then you’ll understand that you should have bought into the system they use to track you. Do your research, find out the ESG CBDC globohomo champion coin.

[Anonymous No.53471482]

>>53471421
>When your taxes will be calculated instantly because (((they’ll))) know what you bought, what you sold, to whom, where and when…
>When you’ll have to declare your carbon credits and be declined your «meat rights» for the week because you drove your diesel car too much last month…
Implying cypherpunks will lose
It's over for governments, they just don't know it yet
>but muh CBDCs
desperately trying to catch up with crypto.
it's over Mr Jew.

[Anonymous No.53471499]

>>53471482
Interesting take. I don’t consider the uprising of the other community often. What would be the future of a world without governments ? Full cyberpunks where mega-corporations rule ?

[Anonymous No.53471513]

>>53469554
>so why use it as a currency if its value keeps going up?
as opposed to....... using regular money that goes down in value as a currency?

[Anonymous No.53471538]

>>53469516
Should you understand it before you criticize it. Try making that chart

[Anonymous No.53471548]

>>53469554
If I repeat the word Ponzi enough times I will become magically right. I also have no idea of the difference between a ponzi and a bubble

[Anonymous No.53471560]

>>53471421
Getting rid of notaries might be cheaper but it’s not exactly smooth the disasters waiting for the people who make mistakes will be epic. Imagine losing your house because you press the wrong button.

[Anonymous No.53471763]

>>53471560
Sure.
This is what anarchism-lovers crypto bros hate to hear, but the average normie is in no way capable of using crypto in its current state to manage important sums.

Wallets needs to have more releasable names or numbers, you need a way to recover your account even if you lose your keys, you need some type of insurance against fraud and you need to be able to understand smart contracts as a whole.
There will be improvements in UX/UI of course, but I believe we will see institutions using more and more of crypto to bring it to the masses. It will be integrated in your phone, you will have decentralized recovery services, …

There will always be accidents but we will find a better way to protect people from themselves.

[Anonymous No.53471777]

ITT
>people that bought the top
>people that didnt buy the bottom
get the fuck back to rebbit to massive faggots. no one cares about your lukewarm IQ opinions. blockchain revolutionary, is here to stay, and will transfer all of your money to my account. dont even reply, just close this website and fuck off back.

[Anonymous No.53471812]

>>53469554
Good bait pasta. Thanks

[Anonymous No.53471859]

>>53469579
This.
I want a centralized scam run by a smiling old white guy
I hold XRP of course.

[Anonymous No.53471868]

>>53469647
To waste is to be human.

[Anonymous No.53471882]

>>53470406
Hey Brad.

[Anonymous No.53471922]

>>53469516
Bought another 700$ today. Keep on fudding OP

[Anonymous No.53472004]

>>53469538
Based. Blockchain solves so many inefficiencies in the market that the inevitable future is that traditional finance gets vastly outcompeted and becomes irrelevant.

[Anonymous No.53472009]

>>53470647
Based microbiological analysis

[Anonymous No.53472040]

>>53469554
Oh boy this is gonna stir the hornets nest. People are not just financially invested in crypto, that would be bad enough, but they are ego invested in it too, they trusted their gut, they think they are smart, geniuses, etc. - it is even a part of their identity for a lot of them. Which is why they lash out with anger at posts like this one.

[Anonymous No.53472070]

>>53472040
Meh
CXO does blockchain BoL and it's superior to passing paper around for days.
Some things are scams. Some aren't. News at 10.

The real question is whether it will make you rich investing in it.
It will be adopted for many things though.

[Anonymous No.53472102]

>>53469538
>get's rid of the middlemen of finance
but but how are jewish people going to make a living. that's highly antisemitic, practically the real holocaust.

[Anonymous No.53472193]

>>53471421
>When your taxes will be calculated instantly because (((they’ll))) know what you bought, what you sold, to whom, where and when…
If you ever make transactions with any payment method other than cash or crypto, they already know everything.

[Anonymous No.53472213]

>>53469554
>what is XRP/Ripple

basically the only company which makes REAL profit with their product, talking of hundreds of millions. you can check the revenues by googling "XRP revenue"

Regulations are coming. Your fancy university hipster startup playing with vc money isn't profit making. choose your card wisely.

[Anonymous No.53472406]

>>53471361
>If something like the Beanie Baby bubble occurred today, either nobody would bother writing about it, or people would write the occasional somewhat bemused article.

Maybe you aren't old enough to remember, but that mania was literally mainstream headline news, and for the short time that it lasted there were articles all over the place written about it. There were even published books written about using beanie babies as a retirement investing strategy.

[Anonymous No.53472438]

don't care, not buying your fiat bags
enjoy the post mortem

[Anonymous No.53472445]

>>53469554
Holy shit there are still fags comparing btc to tulips still? Looks at the time spans you nigger brained retard.

[Anonymous No.53472486]

>>53469538
>want to sell shit to chinks and russians
>can't use paypal because of chargeback risk from chink and russian scammers, but don't want to lose business from legit customers
>western union is a pain in the ass to use
>BTC is relatively easy to obtain and can't be charged back, and past transactions are visible on the blockchain so customers can see I have a long history of successful sales and aren't some random ass scammer

[Anonymous No.53472820]

>>53469554
I find crypto very useful for sending/receiving money to/from other countries. Faster and cheaper than traditional bank alternatives.

[Anonymous No.53473152]

>>53470299
I consider BTC and XMR the only decent coins. I also understand stablecoins have their place.