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/biz/ - Business & Finance

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10754334 No.10754334 [Reply] [Original]

we are the exact reason cryptos will never succeed.
there will never be wide spread adoption as long people never use their coins for the purpose they were created for and instead hide them under their beds waiting for 10x.

>> No.10754339

>>10754334
>we are the exact reason cryptos will never succeed
you meant legislation right? you can't use cryptos in retail because it would be illegal breaking cash-register and accounting rules.

>> No.10754412

>he still thinks crypto is about buying things at retail stores
Nigga crypto is about articulating and moving value trustlessly within decentralised networks with a specific view towards the trustless execution of value exchange aka smart contracts, get with the program.

>> No.10754531

>>10754334

Thought that gif was gonna be him having a tyre put over his head and him set on fire

>> No.10754710

>>10754412
this. /biz/ is all about LINK now, this isn't reddit where we salivate over shitcoins like NANO or BTC
I'm so sick of these fucking /v/edditors coming here and spouting shit from their mouth as if they have any knowledge

>> No.10754785
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10754785

>>10754334
>people would hoard coins rather than eat

>> No.10754802

>>10754334
Crypto won't succeed because it's useless, if it doesn't have natural, economical driving forces behind it, and instead the people somehow have to make a big effort for it to get adopted (when the advantages aren't even that significant), that already tells you why it won't succeed

>> No.10754828

I'm not saying this can't go to the trillions market cap, but not in the way it's now. Since crypto is apparently talked about a lot still in this year, after literally everybody is in after the worldwide shilling, this is bag selling time, expect at least one more year of this, if not two or three

>> No.10754847
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10754847

>>10754334

>we need normies (which have no money) using bitcoin
>we do not need the elites (which have all the money) to diversify their portfolios in the capital B blockchain to protect against the nation-state clusterfuck

brainlet.tiff

>> No.10754857

>>10754334
I mean crypto is not succeeding any time soon in terms of real world adoption. Its a speculative market, no coins have a real use case in the real world yet.

>muh digital transfers
fuck off, nobody is using that shit irl

Just make your money and let things play out.

>> No.10755545

>>10754339
>illegal Cash register rules

You're a bong aren't you? Or at least a europoor. How do I know this?

>> No.10755706

>>10755545
there are rules to selling and accounting and reporting to the irs in just about any country. exceptions don't matter much really. the point is as you can't sell shit for peanuts in a store you can't sell shit for bitcoin. bitcoin would have to become legal tender in your country and a legal unit of account otherwise you need a service that converts on spot and a bank to mediate as the bare minimum.

>> No.10755740

>>10754334
Unironically true. A man spending over 10k bitcoins for 2 pizzas in 2010 was a very important day for it.

>> No.10755776

>>10754334
Don't spend the good money (crypto), spend the trash money (your local currency).
> Crypto won't succeed because trash money exists
Sure, your trash money won't go up in flames, liquidating it's citizens.