/biz/ - Business & Finance

>be hired to code trade bot
>code tradebot in due dilligence
>one caveat: x% cut of all trades are re-routed to one's own accounts
>cut and all transaction costs are bundled and displayed as one fee
>NPCs will never question any of it as they are too busy OD'ing on feverdreams and tweets

>>29227177
Brillantly scamming chink.

If you haven't grasped it yet:
Crypto is a means to keep financial and social tensions within manageable levels during the transition period of the fourth industrial revolution by effectively serving as a buffer for inflation.
The whole crypto industry is directly tied to FIAT currency, even if the conartists tell you otherwise - this 'decentralization' trend is just a means to avoid litigation once the greatest rugpull in the history of mankind takes place.
Besides baiting cattle into funneling their (to-be hyperinflated) FIAT curreny into staking traps (effectively locking up FIAT currency, countering inflation on the shortterm) with empty promises of effortless accumulation of wealth, the crypto frenzy also eases cattle into an 'as service' economic system.
Meanwhile the big player, those who sit on generational accumulated wealth, are free to print more money through those markets, free to lobby crypto out of existence once it has fulfilled its purpose and free to replace these scams with their own.
Now you might be tempted to argue in favor of decentralization and conjure up feverdream-esque scenario in which the people running this show will just sit by as autists and NPCs LARPing as such usurp their thrones, but then tell me, even in the best case scenario decentralization boils down to 'democratic governance'... how did that pan out for your nations?

But I digress, tell me, how do you figure does the whole market pan out longterm, given, again, the whole thing lives off of FIAT currency. Naturally, the harder the printer goes BRR, the more FIAT will eventually wind up in the crypto industry - most of which will be locked through staking or just disappear through 'glitches' and smaller rugpulls along the way.

In short: crypto is FIAT 1.9 - a tool of transition towards FIAT 2.0 - which will see private property abolished, the illusion of choice replaced with the age-old monopolized system that is fueled by the creation of 'value' ex nihilo. cont.

Jokes aside, I am surprised people fall for the circular logic of crypto currency - it's really just a rebranding of FIAT currency.
>create scamscoin
>sell to retards
>price never truely stops dropping because FIAT kikes never stop 'printing' currency so that retards can continously funnel it into crypto
>can indefinitely placate retards with pipedreams of effortless accumulation of wealth
>works as buffer for tensions created by the (((4th industrial revolution))), indirectly offsets inflation and at the same time bankrupts retards
>can be shutdown and replaced by state sanctioned (((crypto))) currency, lobbied out of existence or co-opted by (((the powers that be)))
If you engaging this industry for any other reason than to print (worthless) money to then funnel into actual resources, I feel very, very sorry for you. Idealism is a drug, don't OD on it.