/biz/ - Business & Finance

>BUYING INTO THE JEW SHEKEL
>HAVING A KIKEBOOK
LEARN TEETOTALISM DEGENERATE

>proof of sucking

Kikes win again.

>>14214764

Source:
>https://developers.libra.org/docs/assets/papers/the-libra-blockchain.pdf

>>14214764
You seem excited for some reason.

>>14214764
What the fuck did you expect?

>>14214764
Who thought differently?

This thing is a centralized piece of fucking shit that is everything Bitcoin was fighting against. It's a permissioned piece of shit that only (((they))) are trusted to (((validate))) your transactions. We're at a real turning point with this thing. We need weaponized autism more than ever to make sure this thing is a complete fucking failure. They want fucking central banks and governments in on this shit. There's only one way that ends, and for you and me we will be getting fucked up the ass by Goldstein like never before if this thing takes off.

Freedom as we know it will be gone. Calibra (Facebook's wallet that is completely (((separate))) from Libra requires you to use verified government ID to use the fucking thing. There's absolutely nothing trustless about this. It's going 110% all in on a horrible future where we lose and (((they))) won with no chance of ever losing. We will be completely crippled and powerless in a system like this.

>>14214835
Yes, because proof of stake is a literal meme. It's not actually a real blockchain, it's a cluster of servers maintained by an association/company. Literally a private blockchain, a.k.a a fucking database.

It's Paypal 2.0 but wrapped up in newspeak to fool the goyim.

>>14214906
Yhis

>>14214978
Blockchain is a database you pigdog

>>14214978
proof of stake is a real blockchain you clinical retard

It'll be interesting how they'll manage to be a stablecoin with PoS though

>>14214790
They always do.

>>14215015
it maintains the peg through minting and destroying of tokens based on validator reserves. nothing to do with the consensus algorithm.

the whitepaper has been out for over an hour now ffs i shouldn't need to be spoonfeeding you this

>>14215006
Except one company controls it LOL

>>14215003
A blockchain is a DECENTRALIZED database, that means no central entity/company/agency/association/person is in control of the ledger and therefore can not alter the data.

If ONE company controls ALL the nodes, it's not decentralized, and therefore not a real blockchain. It's just a VERY inefficient database.

>>14215099
>>14215139
This. This. This. This. This. This. This. This thing cannot be allowed to succeed.

So this is really good for chainlink then to not be associated with zuck’s (((scam))) token.

>>14215099
>proof of stake is a literal meme. It's not actually a real blockchain, it's a cluster of servers maintained by an association/company
a blockchain that is validated by a proof of stake consensus is still a blockchain dipshit.
and there will be numerous validators, not just one.
this is actually more like a "true" cryptocurrency than i expected. more so than many shitcoins on the market currently. in saying that, i won't be buying any because the idea of pegging it to inflationary fiat currencies goes against the point of crypto to me. i can live with volatility provided the long term trend is deflationary.

>>14215153
It's not going to displace decentralized blockchains, however it is probably going to serve as a super easy on-ramp to BitcoinSV.

Thanks Faceberg for helping BitCoin adoption to normies more than any other project in the history of crypto.

>>14215208
inserting multiple brackets around random words doesn't actually make you fit in here. nice try though.

>>14215139
This guy cucks Zucks

>>14215216
"Numerous validators", all from the same company. Please tell me you are not actually this retarded.

>>14215244
Thanks for the (((advice)))

>>14215262
Numerous validators all from jew owned companies is basically the same thing though. It's "decentralized" until the tribe bands together

>>14215262
>PayPal == Visa == Andreessen Horowit
don't reproduce

>>14214764
POS is not a problem in and of itself.
>their distribution mechanic and selection of founding pools is.
total banker scam

So there were people that thought this would be an investable "fair" coin? Jesus...
Still it's the best news for crypto in years because a billion normies are going to come into contact woth crypto. They will fomo hard when they see this or other shitcoins pump and look for smaller caps/tje next big thing to invest in. This bullrun will eclipse the last one lol.

>>14215422
>normies trigger bullruns

>>14215244
Found the Jew. Shoo Shoo, no shekels here for you noseberg

>>14214764
None of this is new info. Neck yourself you absolute faggot.

>>14215084
their "whitepaper" is like 5 pages long so about 1000% too short and doesn't say anything technical

>>14215330
They've literally already banded together, that's why they formed an association brainlet.

AN ASSOCIATION = CENTRALIZED CONTROL

Is it really that hard to understand?

>>14215835
The white paper literally came out today with the details. And no it's not going to use ChainStink.

>>14214764
let's pump and dump this shit, maybe facebook will be fined for it

>over time, membership eligibility will shift to become completely open

lmao

it's also pegged to fiat, and not even the dollar (the least worst fiat) but "a basket" of paper money. meaning they will just manipulate the supply however they want.

seems like a centralized system using "cryptocurrency" and "blockchain" as marketing hype

>>14215937
based faggot cope

>>14214764
So if crypto whales just so happen to liquidate billions of this garbage, will Zucker((berg)) pay for it?

I think you guys are missing the point.

This is good for Bitcoin.

>>14215239
BSV is the kike coin too

>>14216130
This. Will. Be. The. Reason. It. Fails.