/biz/ - Business & Finance

>>14805959
you sound like a normie who fell for the cryptocurrency meme and fud. its not btc thats key its blockchain, specifically smart contracts.

>>14805959
I actually use BTC to buy gold and silver. You get a discount using it and you don't have to give your bank info, so there's that....

>>14805959
Chainlink will give crypto real world use finally.

>>14805959
Yes, I do. Transaction fees are a massive pain and if crypto becomes a big exchange we can see the end (or large decreases) of this problem. Bitcoin is only the foundation and other coins can build off of what Bitcoin has provided with its ability to provide anonymity and not having to provide bank or credit card details to sites.

>>14805959
If a company wants to transfer large amounts of money it's like 99% cheaper to do it through crypto than a wire transfer

>>14805967
This is a lie op. Smart contracts are literally a meme compared with dragon dildos purchased anonymously

>>14805959
you didn't mention the collapse of fiat currency which is obvious

>>14805991
but why spend your btc on boomer rocks when boomer rocks are infinite and btc is finite

>>14805959
Bitcoin is just a test of distributed ledger technology. It works because of monetary incentives so people confuse it with currencies or assets. When your local warlord/president inflates the currency so you need wheelbarrows of money to buy milk it's easier to just use IOU's. How do you make sure the IOU notes aren't destroyed? You post them on a secure distributed ledger instead of using notes.
>but my transactions aren't worth the fees
Use cheaper, less secure but established alternatives like dogecoin.

>>14805959
another glownigger sponsored by jew bankers thread. at least you cock suckers got the formatting right this time

>>14806080
BTC is seemingly infinite too, just look at the volume on the exchanges and then ask yourself how in the fuck they can trade 10's of millions of BTC a day when there are only 17million in existence...

>>14806366
how did you get to be so bad at math?

>>14806366
>how in the fuck they can trade 10's of millions of BTC a day when there are only 17million in existence...

>>14805959
Wait, they have dragon dildos now? Why was I not informed?

>>14805959
Just put your money in it and the value will stay the same or increase over the long term. That's its only purpose

>>14805959
That's because we're in the very early stages. Also BTC doesn't represent all of crypto.

>>14806816