/biz/ - Business & Finance

>>53455941
[1] Bitcoin was born in reaction to the 2008 bailouts.

The transitioning from Fiat to blockchain-based currencies is a meme. It cost pennies on the dollar to mint tokens, what did Satoshi say about double-spend? 20000 + shitcoins minted from air is the anti-thesis of double-spend.

[2]Only bitcoin has the monetary properties to become a medium of exchange as in money. Salability (hoardability) in space/time/scale. Bitcoin fulfils all 3 criteria, easy to transfer, easily divisible, holds value well over time as in years.

[3]Intrinsic value derived from the energy-spend- Proof of work consensus is proof of burn, or the validation that energy was burnt and consumed. Bitcoin is backed by the energy it consumes (cost of production).

[4]Future of finance. The latest false narrative is that ICP is centralized. ICP is not centralized. ICP separates 'consensus' and the vurnabilities from web2 companies that provide.

-infrastructure like (Infura)

-DDoS migitation companies like Cloudfare

-cloud like AWS, Azure.

-AWS-INFURA-CLOUDFARE crippled many exchanges, sol/avax/eth defi-protocols.

About consensus. The NNS is democratic, but nobody reads the proposals, neither do they manually vote, everybody has delegated their votes to representatives like Dfinity Foundation.

[5]ICP intrinsic value is computation (energy-spend).

>>51307822
pic related

>>51137294
> fell for the tech meme

>ICP
Daily reminder, all AWS EC2 chains are cucked by storage and hosting fees. Not a single chain can do what ICP can, affordable, scaleable cheap 8GB smart contracts.

>>51035730
You are seething hard, because deep inside you know that you can't shit on ICP from a fundamental or technological point. It's really 4-5 years ahead. I didn't mention ICP, ICP obviously lives rent-free in your head.

>>51009122
>Avalanche Bridges havent been hacked.
Google ''Vee Finance hack'', you are right bro, Google is lying, the hack never occurred. Bridges are the future of finance, bro.

>ICP uses no bridges
Yeah, use bridges bro, very secure, future of finance bro. Avalanche bridges have never been exploited, google is lying. Vee Finance is lying.


Even coinindex is lying, google is lying, vee finance is lying, except you. You speak the truth.
Enjoy generational poverty in the next true web3 race.

>>50865151
Refuting the substance of my argument.
How does RLC extract 'computations' as a erc-20 token. Don't forget to tell me how iExec works, you're the shill and you suppose to know everything there is about iExec, or are you just a bagholder?

Never truly decentralized. There were 114 nodes last year and now there are 518 active nodes on ICP.

How does it feel to know that ICP has bottomed and that we are never going back to $4.
Now that the dust has settled, we need to stop fudding our own bags.

>>50648371
https://en.wikipedia.org/wiki/Laconic_phrase

>>50648588
>>50648597
>Obvious scam.

>>50344594
yup, pretty much everything is worse than ICP

>>50300626
Refute what I just typed.
You can't deny that ICP is the most competent and complete L1 on the market right now. Yeah go ahead and deflect logic reason by attacking a person's 'typo' instead of the argument itself.
How does it feel to die poor in the next decade? Name a more competent L1 than ICP and try to convince me that you're poor and ignorant.

>>50243774
the internet computer is crypto endgame.
ip = internet protocol
icp = internet computer protocol.

They're running free to play 3d games running at webspeed on the the blockchain.
They're hosting the entire bitcoin blockchain in canisters.
They've fully decentralized the web from the ground up and enabled developers a cryptographically secure, complete IT Stack.

No other blockchain can even dream of accomplishing ANY of these feats.


The future is undoubtedly ICP. Thank you to everyone else for paving the way and showing what had to be done, you will be remembered, but your time is over.


The computer does not compete with the abacus. The difference in raw power and potential is that large. The internet computer is the crypto endgame.

>>50186902
>>50186968

10 YEARS

In 10 years’ time, it will be widely recognized by the tech community that the Internet Computer is on a likely trajectory that will one day make it humanity’s primary compute platform for building systems and services, and that the “open internet” will now near-certainly predominate over Big Tech’s closed proprietary ecosystem. Further, extraordinary growth within the DeFi ecosystem will have it approaching par with the traditional financial industry, generating more energy. The spirit and enthusiasm within the blockchain community will have spread out far and wide around the world, and vastly more people than ever before will be building on the internet rather than closed systems. The democratization of access to opportunity in tech to the 99 percent outside of Silicon Valley will have leveled the playing field and brought vastly more talent to bear. While Silicon Valley will remain a force to be reckoned with, its investors will increasingly be directing funds abroad to help support exciting and successful new services in far-flung locations where they could never have been built before. The provision of economic opportunity around the world will recruit many fervent new fans to the cause, further catalyzing the ecosystem. Very few computer science students will graduate without first having created a smart contract on the Internet Computer.

https://medium.com/dfinity/announcing-internet-computer-mainnet-and-a-20-year-roadmap-790e56cbe04a


Very few computer science students will graduate without first having created a smart contract on the Internet Computer.


Very few computer science students will graduate without first having created a smart contract on the Internet Computer.

>>50151518
>>50151429
>>50151369

Nothing else even compares. Icp has the technological equivalent of USA acquiring Nukes in world war 2. The crypto war is over. Position yourselves accordingly.

>>49985861
ICP will make most shitcoins mentioned here obsolete.
And this thread reeks of newfags.

>>49979177
He wants to buy, but at a lower price.
OP thinks /biz can move a top 30 coin with lunch money.

>>49981415
Dom's project, the ICP protocol, will ruin all the shitcoins hosted AWS, ruin all the exchanges that practice off-chain fractional reserve lending-borrowing, ruin the brokers that run payment processors like bitpay, ruin the big-tech that have monopolized API's.

https://cryptoleaks.info/case-no-1

Dfinity exposed the bitter truth, the truth is that all these blockchains are controlled by a single node (AWS)
https://twitter.com/dominic_w/status/1508890608051625985

Never forget what you're holding. The best tech in the game. No computer holders absolutely seethe at this chart. It infuriates them because they know their coin is about to be rendered completely useless.