[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 32 KB, 480x639, 1514158348337.jpg [View same] [iqdb] [saucenao] [google]
6226866 No.6226866 [Reply] [Original]

Newfag here. How long until major governments start their own federal cryptocurrencies, And what are the implications? Also, any general advice is appreciated.

>> No.6226997

Why would they? The won't have power over it so there is no point. They can just use Raiblocks or something.

>> No.6227016

>What are the implications?
Less bureaucracy, hopefully. And stable coins perhaps

>> No.6227019

Great question!

The CryptoRuble is coming ASAP.
The Central American nations are rushing to sell their oil for their own OilCoin

The Arabs are considering making a portion of Saudi Aramco's IPO an ICO.
Israel is already talking DigiShekel

The Federal Reserve is already whispering about FedCoin.

We'll probably see one of these in the next six months, but because it's such uncharted waters I would only suggest the ones backed by an actual market like the Ruble or the OilCoins.

FedCoin can only thrive if Tether is attacked.

>> No.6227047

>>6226866
Venezuela already did. If the currencies follow the principles of bitcoin and cryptocurrencies in general, they'll thrive. If they try to control and limit features, they'll die.

>> No.6227075

Alright... Whos the bitch

>> No.6227079

>>6227019
cont...

A major implication is that any Banking/Finance/Market Embargo from the UN will be cucked by the free-market of Crypto.

So you should strongly consider any coins coming from cut-off nations as "Emerging Markets" and good investments.

>> No.6227084

>he doesn't know about ripple

>> No.6227105

>>6226997
Maduro Coin
Google it

>> No.6227119

Whats the bitch name

>> No.6227171

>>6226866
I need a sauce, this is a medical emergency

>> No.6227204

>>6226866
Hahaha

If you ask that question you,still,dont understand crypto
The only reason,governments,even HAVE money is,to be able to print,it/issue it.

Imagine,a government with a completely transparent,budget that cant print,money to,fuck,its savers over.

Not going to happen.

>> No.6227221

>>6226866
>, And what are the implications?
Monero loudly moons

Once USD is crypto-ized then money can be frozen, tracked, and makes tax evasion harded. Black market already position with Monero will hold, the pedos druggies cartels will all hop off national cryptos. Blackmarket will become more sophisticated with crypto holdings/trades.

>> No.6227260

>>6226866
Who is this semen demon?

>> No.6227298

>>6226866
More photos of pizza girl plz

>> No.6227434
File: 71 KB, 589x960, 1514158504482.jpg [View same] [iqdb] [saucenao] [google]
6227434

>>6227260

>> No.6227484

Whats the bitch name mang

>> No.6227675

>>6227075
I second that

>> No.6227718
File: 262 KB, 800x1422, amadora-27.jpg [View same] [iqdb] [saucenao] [google]
6227718

>>6227484
Not sure

>> No.6227847

>>6227484
Stop calling her a bitch you trollop.

>> No.6227898
File: 60 KB, 583x960, Papa_Johns_Girl_15_-_JsJ7cae.jpg [View same] [iqdb] [saucenao] [google]
6227898

Google imagefap Papa Johns Girl

>> No.6227928
File: 57 KB, 604x610, 147076362983.jpg [View same] [iqdb] [saucenao] [google]
6227928

>>6226866
>their own federal cryptocurrencies
You mean like the currency they already produce physically and have a monopoly on within their borders?

>> No.6228020

>>6227847
holy fuck you are gay

>> No.6228091

>>6227718
i-is that.... a fidget spinner in her hands?

hot papa johns bitch is ripplefag CONFIRMED

>> No.6228161

>>6227434
what an absolute goddess

>> No.6228175

>>6227171
>>6227119
>>6227075
>>6227260
>>6227298
>>6227484

GO TO
>>6227898

>> No.6228328

>>6227847
stfu you fucking faggot

>> No.6228479
File: 1.05 MB, 320x240, 1495343309423.gif [View same] [iqdb] [saucenao] [google]
6228479

>>6227898
bless you, kind sir

>> No.6228769

>>6227898
*unzip dick*

>> No.6229349

>>6226866
Next year

The effect on the market will be more liquidity

>> No.6229682

>>6227898
Papa bless. You're the Hero we don't deserve.

>> No.6229767

>>6227928
zing

>> No.6229778

>>6226866
>>6227434
>>6227718
>>6227898
I'd give her my pizza if you know what I mean

>> No.6229831

>>6229778
id give her the old olive is yoh know what i mean

>> No.6230462

>>6229831
I'd give her the moon desu