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/biz/ - Business & Finance

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55666734 No.55666734 [Reply] [Original]

All normies still think crypto is a scam.

>> No.55666767

>>55666734
Fiat, houses, working, government, everything is a fucking scam, so they aren't wrong. Real DeFi will make us freer though.

>> No.55666770

>>55666734
In 9/10 cases they're right

>> No.55666783

>>55666734
Normies are also dumb and npcs. Once the bullrun comes they will either be divided by the ones who will ask you how to get into it or the ones chimpin out about how you're lucky and should be taxed to oblivion. They'll do everything to remain dumb

>> No.55666786

>>55666734
it is

>> No.55666787

>>55666734
the same people unironically say
>paying off my mortgage is the best use of my money

>> No.55666801

>>55666734
It is. It's been more than a decade since Bitcoin was invented and there's still no adoption by businesses.
>inb4 some retard cites examples of businesses that accept crypto through a third-party company that exchanges it into fiat

>> No.55666802

>>55666734
it's a scam in the same way a casino is a scam

>> No.55666806

>>55666801
that doesn't make it a scam just not that successful

>> No.55666816

>>55666783
I hate tax cucks. Every problem they solve is by raising the price or the tax

>> No.55666817

>>55666734
Let me guess. You think crypto is the future and there's no way a millennia-old system like the trading of fiat will be around in the next decade. You are DELUSIONAL. You are the type of person who gets caught in pyramid schemes. In fact, you're in one RIGHT NOW. You are a HILLBILLY. I AM A GOD COMPARED TO YOU.

>> No.55666818

>>55666801
Plenty of businesses have adopted Bitcoin, an entire country has adopted Bitcoin as legal currency

why are you jews always lying?

>> No.55666849

>>55666806
The only thing that gives fiat value is the fact that you can use it to procure goods and services. If you can't use crypto to procure goods and services, then its value as a currency is effectively zero, which means your only hope of making a profit off of crypto is some bigger retard buying it from you at a higher price. See tulip mania for another example of human retardation.
>>55666818
>Plenty of businesses have adopted Bitcoin
No they haven't. They have deals with exchange companies that convert the crypto into fiat for them. You wanna know how those exchange companies can afford to operate? They make a profit from morons like you who use them to trade and hold memecoins. Without you people they couldn't afford to stay in business, and without them, the companies that accept crypto would immediately stop doing so.

>> No.55666852

>>55666734
literally no normie is

every normie I know is waiting for the crash to buy the dip

>> No.55668407

>>55666852
All the normies I know think it's not only a scam, but also morally wrong. I dunno, I guess they watched some fud youtubers.

>> No.55668429

>>55666734
and they're right, it's a scam

>> No.55668556

>>55666734
This is good. We can’t ever go up again until not only does every normie think crypto is a scam but doesn’t even talk or joke about it. When they start talking about it again then it’s time to off load your bags

>> No.55668589

>>55666734
Well crypto was a good idea, but now it's failed and the only one is like monero which won't be allowed to catch on. So in the end, crypto did end up being a scam but you haven't realized it yet. As if the financial slavemasters are going to allow their power to be threatened. Lol lmao

>> No.55668823

It is.

>> No.55668839

>>55666734
normies wont use crypto until haircomb is universally adopted

but they wont call it haircomb
and they wont call it crypto

they'll just call it MONEY

>> No.55668878
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55668878

>>55666787
Hey, I came here to learn about better business practices... Would you mind telling me what is a better thing to do with my money than pay off my mortgage? This must seem new as fuck, but I really am. Or if anyone else can answer, please educate me.

>> No.55668958

>>55668839
case in point

>> No.55668967

>>55668878
You don't pay the mortgage off early anon. You take that excess capital and put it in something like VOO for higher returns.

>> No.55669063
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55669063

Buy ETH
Stake ETH
Short everything else using stETH as collateral
That's 1.1x per year with no market risk
in 40 years you'll gain whopping 45x just by compound fucking interest
no risk retirement is here
why are you even trading shitcoin

>> No.55669076

>>55666818
not just Bitcoin, fren, check out XRP, and you know what's cool? In some parts of New Zealand, Sylo can be used to pay for stuffs like coca-cola.
>why are you jews always lying
Kek, the biz way

>> No.55669096

>>55666734
Those lil niggas took the jab lmao

>> No.55669147
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55669147

>>55666734
Because the only use case is the ability to be traded to crazy valuations and nothing else.
>cope

>> No.55669538

>>55666734
So? That means I get to enjoy even higher rewards by simply providing liquidity to platforms like Curve, mate.
>high APYs/APRs on most of their USDT pairs, with AxlUSDT being the most prominent one
Simple as.

>> No.55669542

>>55666734
Good. That means they'll never make it

>> No.55669548

>>55669538
I'm not sure about most incentives being rewarded in Kava though. For that to really give you substantial gians, it'd have to actually rise up in price

>> No.55669551
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55669551

>>55669538
At least it's better than gambling your money on shitcoins. That much is for damn sure

>> No.55669719

>>55666734
Lol, calling crypto a scam is just plain crazy! You might not get it, bud, but we're evolving, and there's a ton of cool innovations out there. Apple's vision pro AR and holoride with HTC Vive's VR tech are mind-blowing! Reduced motion sickness. And more exciting innovations on the horizon, despite the current bearish market. Get your facts damn right for once.

>> No.55669769

>>55666734
I use Crypto via CryptMI app for my day to day transaction and it's seamless.

Only retards think crypto is a scam!

>> No.55669789

>>55666734

pay me real money for fake internet money, guys!

>> No.55669808

>>55666783
Spot on! Either buy now or FOMO later at the peak. Selling now? Nah, I'm buying till the bulls are back. Got XRP, gonna grab Sylo too. ERC-20s gonna shine, and defi's gonna rock. Everything's crazy cheap, so pick your damn poison, man!

>> No.55670220

>>55666734
>All normies still think crypto is a scam.
Are they wrong?
>>55666849
>If you can't use crypto to procure goods and services, then its value as a currency is effectively zero
>You wanna know how those exchange companies can afford to operate? They make a profit from morons like you who use them to trade and hold memecoins.
Based.
>>55669063
>That's 1.1x per year with no market risk
>no risk retirement is here
You're literally trading on margin. That is peak risk. All it takes is some whale to pomp one of those shitcoins and your entire collateral goes poof. You cannot be that stupid?
>45x just by compound fucking interest
Not USD interest, but shitcoin interest. You might have a higher number of coins but their value could be zero lmao. You people are so fucking stupid.