/biz/ - Business & Finance

I sold my RLC. I came to the realization it's actually digital dogshit. Go ahead and pump it without me.

whatever u do do not buy rlc it's a known scam in the oldfag cryptospace. megawhales have been scamming unsuspecting bizraelis since 2017.

Gilles (the ceo) is also a trannyfucker who visits Jakarta and thailand often on the backs of his 1M RLC and 10,000 BTC reserves.

>>52418877
Checked and thank you. I guess one other question: can I self custody this or would I need to hold on MEXC or XT (assuming my shithole even lets me use either of those, which I'd have to look into). If I can't self custody the asset I'm basically just providing liquidity to whatever exchange I have to "hold" it on...

>>52418944
Probably, I spend enough time thinking about this stuff.

>>52418967
Sure, so the RLC token is the only thing that can be used to pay for services on the iExec platform. The buy-side pressure for the token itself will come from actual demand for the services (in addition to speculation, obviously).

A rough comparison would be the ETH token, which sees its buy-side pressure come partially (largely?) from the fact that the asset is needed to perform operations on the Ethereum chain. I don't particularly want to hold ETH...but I need it to do anything on the platform. If you're using the iExec network/market for anything, you'll need RLC itself as payment. If you're building a business model around services offered via iExec, you'll be needing to buy and spend RLC. This is real buy pressure, and not ponzi-nomics.

Lets say a government or legacy company wants to run its network via a decentralized confidential cloud computing network facilitated via iExec (and they would, unless you think they're actually fond of 'trusting' AWS or its equivalents with all their confidential data, as is currently the case). They have to be constantly buying RLC off the market to pay for these essential network services.

This is why you see anons here referring to it as "digital oil" and numbering their "barrels"; large entities will need the RLC token to power decentralized network infrastructure in the same way that large entities need oil to power their physical infrastructure

OH NO NO NO NO RLC FAGS STILL UNDER 1$ HOW WILL YOU EVER RECOVER?

NEVER GOING BACK TO 20$ FAGGOTS ITS OVER SELL YOUR "DIGITAL OIL" NOW LOSERS

>>51100296
>>51100413
>>51100462
PIECE OF SHIT

Who else fell for the RLSCAM?

>>50776166
>utility
>no RLC
RETARD

>Rank 335
token snot sneeded.

LMAO
THIS IS THE POWER OF IEXEC?
>https://confidential-computing.iex.ec/private-data/overview

AN EMAIL SENDER?
HAHAHAHAHAHAHAHAHAHAHAHAHA
HOHOHOHAHAHAHAHAHAHAH
SHIT COIN!
HAHAHAHAHAHAHAHAHA
MUH DIGITAL OIL
>SENDS EMAILS
HAHAHAHAHAHAHHAHAHAHAHA

LMAO
THIS IS THE POWER OF IEXEC?
>https://confidential-computing.iex.ec/private-data/overview

AN EMAIL SENDER?
HAHAHAHAHAHAHAHAHAHAHAHAHA
HOHOHOHAHAHAHAHAHAHAH
SHIT COIN!
HAHAHAHAHAHAHAHAHA
MUH DIGITAL OIL
>SENDS EMAILS
HAHAHAHAHAHAHHAHAHAHAHA

HAHAHAHA DOG SHIT POOPY POO POO PEE PEE COIN ACTUAL SCAMCOIN
DO NOT BUY BIZ

RLC is going to zero.

fuck i wish i could trade this stablecoin but im a fucking burger

The US SEC decision was denied and RLC is a security, that's why the team isn't talking about it.

This coin is a stablecoin and also one that loses you money. Do not buy

NO ONE WILL BUY YOUR DIGITAL OIL

DOGSHIT

THIS SHITCOIN
Token is not needed, and it will never moon. Stop wasting your money. It is not the golden ticket and Gilles Fedak is a known French scammer.

beware frens, do not fall for the digital oil meme

but this literal godcoin can't?
What is this clown world you faggots.
It can't even pump. It just gets manipulated down every time.

I just sold 50k.

It's over.

>>21485069
Those damn Booleans