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/biz/ - Business & Finance


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19942121 No.19942121 [Reply] [Original]

Big brains of biz

Where do you think crypto will be 5, 10, 50 years from now
Obviously bitcoin is worthless useless crap, mining is obsolete
Can ethereum v2 over take it
Can defi seriously challenge tradfi
Right now there's like only 1b, but things could accelerate as projects mature and become more real world related thanks to link
Look at the kind of assets handled by synthetix and dmm, 1 year ago this seemed pretty crazy, it's moving fast but adoption is slow
Most of the 2017 EEA enterprise interest has only led to vapor ware, boomers tried playing catch up with the hype, went nowhere and disappeared as quickly as they joined in
Link will continue to do well I'm sure, but due to being backend middleware it'll remain difficult to understand for most and will struggle to pump
There's no doubt in my mind that link will be as big as biz thinks, it's the key to use cases explosions
But will defi ever be more than a hobby for tech nerds, can it really start colliding with Wall Street, isda etc? It just seems so unlikely but if it at some point just is x10 more cost effective then it'll just win out, right?
Will there be another post halving bullrun in winter 2021 as we can predict? If there is I doubt it'll be as big as the previous one, what do you guys think?
And what about muh institutional adoption? Will PayPal really offer crypto? Can libra go through and actually become the normie tier crypto?
How would the market react to Eth replacing btc, or btc collapsing, could it take the whole market with it to zero, could interest 'in the tech' survive a crash? Are defi and smart contracts valuable enough propositions once normies realize it was never about e-currencies?
I have to say even if the tech has real promises the fact that 95% of the space is literal scams and cash grabs makes me worried about its long term viability, just look at crypto Twitter, reddit and journalism, they're all fucking retarded, the foundations of the market are so rotten and weak

>> No.19942299

>>19942121
>Where do you think crypto will be 5, 10, 50 years from now
5 years, bitcoin will still be #1. 10 years... bitcoin will still be #1. 50 years...... bitcoin will still be #1.
>Obviously bitcoin is worthless useless crap, mining is obsolete
>Can ethereum v2 over take it
I don't think so
>Can defi seriously challenge tradfi
yes
>Look .... right?
too much blog post, drns
>Will there be another post halving bullrun in winter 2021 as we can predict? If there is I doubt it'll be as big as the previous one, what do you guys think?
yes, and yes it will be even bigger
>And what about muh institutional adoption? Will PayPal really offer crypto? Can libra go through and actually become the normie tier crypto?
stupid gay meme retards don't understand blockchain
>How would the market react to Eth replacing btc, or btc collapsing, could it take the whole market with it to zero, could interest 'in the tech' survive a crash?
>Eth replacing btc, or btc collapsing
how would ETH replace BTC without the market in the first place? on the other hand, if BTC collapsed, everything would be fucked. a true bitcoin crash in my opinion is when, functionally (not the price) BTC fails.
>Are defi and smart contracts valuable enough propositions once normies realize it was never about e-currencies?
don't really understand what you're asking
>I have to say even if the tech has real promises the fact that 95% of the space is literal scams and cash grabs makes me worried about its long term viability, just look at crypto Twitter, reddit and journalism, they're all fucking retarded, the foundations of the market are so rotten and weak
what you're doing is the equivalent of looking at the streets of Mumbai and saying they are the foundation of the world. it's fucking gay and retarded but doesn't really matter.

also kys blog poster

>> No.19942765

>>19942299
ok

>> No.19943627

FUND killed both ETH and BTC. It was a violent transition. The year is 2029.

>> No.19943873

Ghost will be the #1 coin in 3 years. Bitcoin is going to $0

>> No.19944416

>>19942121
>sucking eths cock
have you actually tried to use this shit recently? multiple $5 contracts needed for every single thing....slow as fuck....30min confirmation times...

>> No.19944668

>The year is 2025.
>My neural network verifies my CVC biometrics & links me into my Oculus 4.0
>I re-enter my digital mansion in Genesis city.
>List my AF69-Sunstrider Personal Spacecraft on BitBay for 50M Satoshi’s
>The price of BTC is irrelevant
>As a world reserve currency it is the peg that ties everything together.
>Everything only has value in terms of Satoshi's
>Most people use Ethereum as their regular means of transaction.
>Only the world governments and some very wealthy personal individuals own any larger than 1 whole BTC.
>You can buy an entire village in Venezuela for 4000 Satoshi’s
>Planning for a party later, I buy 100 doses of pure LSD off Silk Road v13
>Pay with 0.000027 Monero.
>NUL provides the built-in anti-counterfeiting protocol and supply logistics that bring it to my door.
>Check my Golem-run personal AI
>She tells me that my digital rent has come in, 500k MANA this week.
>MANA has been sitting steady at 25k Satoshi’s, since District0x police had eliminated all digital crime in Genesis City.
>All digital crime are held on public trial in the Aragon court-house.
>Physical Crime is not possible.
>Think I'll gamble some of my rent money.
>All internet gambling is now run exclusively on the Funfair platform.
>Teleport to the Genesis City FunFair Casino.
>Outside I tip some digitally-destitute Arklet some DGB so he doesn't starve.
>Welcome back sir, VIP lounge this way.
>Atomic swap this week’s rent income into FUN.
>Put it all on red and double up.

>> No.19944679

>Paragon addicted pickpocket tries to assassinate my avatar.
>Gives me a moments notice by screaming something about Wraith Protocol and huffin’ jazz.
>Cloud-boosted memory recalls some Dogecoin Dark pump and dump from years earlier.
>Normally, District0x forces would instantly freeze his avatar and ping his IP address for SEC involvement.
>Relay stand-by orders to incoming Districtox forces.
>Download latest version of the Decentralised Jeet Kun Do by famous AI author Bruise L-AI
>Completes just as assassin is about to bear down on me.
>I swiftly flow around his awkward attack, slipping around from behind and snapping his neck.
>A loud voice cries across the Digi-speakers.
>FIRSTBLOOD!
>10k Firstblood added to my account.
>I laugh as I watch his shitty avatar fade away in a miniature digital dust-cloud.
>New-coiners who only entered last year when all world governments switched their reserve currency to Bitcoin, now follow my digital movements like I am some sort of celebrity.
>Incoming transmission from GolemAI.
>Another 1000 BAT has been credited to my profile.
>Clearly some of my viewers were amused too.
>Lazily scratch the scar I received back in the Hash wars of 2018.
>Briefly wonder what life would be like if I didn't browse /biz/ on 4chan all those years ago.
>That reminds me…
>Connect to the 4chan blockchain, proceed to shitpost.

>> No.19944721

>>19942121
That's a man

>> No.19945043
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19945043

>>19942121
Big brains don't fuck with that waste of electricity make believe money

>> No.19946585

>>19942121
>Obviously bitcoin is worthless useless crap, mining is obsolete
LOL dream on. Most trusted name, biggest market, most stable technology.
>Can ethereum v2 over take it
Doubtful, who wants a science project that gets totally rewritten every time Vitalik wants to screw around a bit?