/biz/ - Business & Finance

[Anonymous No.56282620]

tell me a use for crypto that fiat money can't do already

[Anonymous No.56282636]

Crypto makes normies, Jews and retards seethe at the mere mention of it. Does fiat do that?

[Anonymous No.56282640]

>>56282620
grow in value

[Anonymous No.56282660]

>>56282620
You can't print more Bitcoin.

[Anonymous No.56282675]

>>56282620
raising 600 million dollars for a vaporware product that doesnt actually do anything thing then paying people to spam a dead image board for over a year while dumping your stack on retail

[Anonymous No.56282705]

>>56282660
>You can't print more Bitcoin.
yes you can

[Anonymous No.56282723]

>>56282620
Tell me a use for blockchain that a relational database can't do already.

[Anonymous No.56282768]

>>56282723
trustlessly interact with other databases

[Anonymous No.56282774]

>>56282620
It's not about what fiat can't do. It's about ending fractional bank lending you stupid bobo.
P.s. grizzly bears are the gayest apex animal. You need constant food to wobble like a retard innawoods. Cant even sneak around despite moving slower than a deer. Very cringe. Should have been a cougar

[Anonymous No.56282848]

>>56282620
Picrel.

[Anonymous No.56282911]

>>56282620
Carry large amounts of money securely from South Korea to any other country. Korean law forbids banks from doing this with fiat.

[Anonymous No.56282930]

>>56282705
well, you can, but it won't change the supply in any way

[Anonymous No.56282999]

>>56282660
/thread

[Anonymous No.56283041]

>>56282620
NFTs

[Anonymous No.56283043]

Holding money digitally without risk of bank failure
Holding money without a trusted intermediary.
Transferring money without corrupt government censorship
Transferring money without a trusted intermediary.
Holding money without risk of collapse from government / central bank incompetence
True finality in hours rather than months
protection from counter-fitting
protection from fraudulent checks
protection from bounced checks
protection from fraudulent charge backs
Programmable money enabling entire new industries like digital collectables and defi
lending without intermediations
permanent, global, immutable storage of public and private data
transparency and verification of financial or insurance products
allows for decentralized autonomous organizations
supply chain verification
allow exchange of intangible property
automatic enforcement of contracts
automatic arbitration without biased intermediaries
financial inclusion for anyone regardless of status or connections
allows anyone to become market markers or participate in arbitrage, or offer transparent financial services which auditable code
removes need for millions of bank branches using up power and resources around the world
completely obsoletes quadrillion dollar financial industry leech

[Anonymous No.56283103]

There isn't any. Crypto exists as a scam to get idiots to spend their money, wherein chads like me wait for decent gains and take off and run with it.
It's a total scam. Never DCA, never hold, never "believe in the technology" (lmao). Buy dips, fill your bags with idiot money and get out. Do it as many times as you like. They never learn.

[Anonymous No.56283123]

>>56282848
I mean it would be nice if that were to somehow happen. But as it is crypto is mostly just scams, ponzi schemes and rug pulls.

[Anonymous No.56283156]

>>56283123
Your life is mostly scams, ponzi schemes, and rugpulls

[Anonymous No.56283309]

>>56282620
Not having to scan my driver's license when I set up an account to pay a prostitute with.

[Anonymous No.56283323]

>>56282620
25k Blackswans afford you lifetime access to an AI powered bot that allows you to instantly trade any news. More info blackswan dot biz

[Anonymous No.56283334]

>>56282620

You can't pay a hooker with cash.

[Anonymous No.56283372]

>>56282620
Maybe the cost of getting it. I pay globally using CryptMi and it is way cheaper compared to web2 apps.

[Anonymous No.56283396]

>>56282620
>Marlin literally makes every web3 dApp or platform faster and stronger
You just need to open your eyes, literally

[Anonymous No.56283407]

>>56283396
It does nothing, there's no proof that they actually work

[Anonymous No.56283415]

>>56283334
Uh, you literally HAVE to pay them with cash, faggot

[Anonymous No.56283421]

>>56283396
Wtf is you talking about

[Anonymous No.56283423]

>>56283396
No, take your paki vaporwave trash out of here

[Anonymous No.56283431]

>>56283415

Not where I come from. You must be poor...

[Anonymous No.56283437]

>>56282620
no I'd rather let you stay clueless while I accumulate

[Anonymous No.56283517]

>>56283415
I think that’s the joke

[Anonymous No.56283710]

>>56282620
>>56283103
post on the thread again or your mother dies in her sleep tonight

[Anonymous No.56284014]

>>56282620
>Transfer a large sum of money without asking for permission
>Transfer a large sum of money without paying a large amount to an intermediary
>Transfer money internationally quickly
>Transfer money internationally cheaply
>Give money internationally anonymously quickly and cheaply
>Hold a large sum of money securely without an intermediary
>Get paid for business without having to ask a bank if it's okay to start that business
>Convert money to cash without having to hope that the bank has enough liquid to give you

Holy shit, I thought the security and peace of mind exiting from fiat was cool, but every time I have to interact with taxes or banks I realize how much easier this shit would be with bitcoin

[Anonymous No.56284019]

>>56282660
no you cant but you can create and hype more coins and dilute the market which would devalue bitcoin

[Anonymous No.56284143]

>>56284019
true

[Anonymous No.56284179]

>>56284014
It's even easier and more private with Monero. Strip out all the taxes and fees and middlemen and (((regulatory compliance))) bullshit and suddenly it becomes easy to buy and sell things of arbitrary value.

[Anonymous No.56284245]

>>56284014
>Transfer a large sum of money without paying a large amount to an intermediary
Counterpoint: gas fees. Those are usually higher than wire transfer charges, especially bitcoin.

[Anonymous No.56284653]

>>56282620
I made 3X on QANX this year but my fiat keeps depreciating

[Anonymous No.56284760]

>>56284245
Use xlm fool

[Anonymous No.56284888]

government cant take it away from you and it has no borders

[Anonymous No.56284901]

>>56282620
store value

[Anonymous No.56285108]

>>56282620
I use crypto for cross border payment via my CryptMi card, and always don't need to pay any huge fee when doing this unlike when I want to use fiat

[Anonymous No.56285403]

>>56284901
Asides BTC and ETH, the others are not store of value
>>56285108
That's the primary aim of crypto which most have seem to forget

[Anonymous No.56285412]

>>56282620
Kike avoidance

[Anonymous No.56287876]

>>56282620
Do you get those juicy yields on your fiats? Farming DAI through SpoolFi alone has been worth it.

[Anonymous No.56287888]

>>56282640
What''s the point of a currency that grows in value, you have an incentive not to use it
Just buy gold

[Anonymous No.56288057]

>>56287888
I don't have that much to invest in GOLD to only see it rise 10 to 20% in 5 years.

[Anonymous No.56288063]

>>56287888
And you allegedly believe you have an incentive to not use gold so it only comes down to which one performs better

[Anonymous No.56288064]

>>56282660
>The federal reserve HATES him for this one simple reason

[Anonymous No.56288068]

>>56282620
Tax loss [big]

[Anonymous No.56288125]

>>56282620
CryptoXpress, BitPay, CryptMi, and other payment apps will give you an answer to that. Don't also forget the juicy yields you get for your assets.

[Anonymous No.56288994]

>>56283415
If you got to transfer, then you can pay with Crypto via debit cards like CryptMi.