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/biz/ - Business & Finance


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20654662 No.20654662 [Reply] [Original]

Press S to spit on this shitcoin

Literally sold just now for -20% and never felt better

>> No.20654691

Good.

>> No.20654693
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20654693

>>20654662
>he sold his digital oil
le pamp et

>> No.20654713

>>20654662
Where can a burger dump his digital oil?

>> No.20654718
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20654718

>>20654662
I can't wait to spam this in a few months

>> No.20654735

>>20654713
back into Jewniswap you newfag.

>> No.20654738

>>20654662
Thank you for your sacrifice. We were all waiting for YOU specifically to sell. Now we will pump the price.

>> No.20654859

>>20654738
this.
I was getting worried he would never sell

>> No.20654978

Thanks for selling op. I'm glad we can finally moon without you

>> No.20654999

>>20654738
>>20654859
His lunch money doesn't make any difference, neither selling or buying

>> No.20655104
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20655104

>>20654662

What I love about this retarded shitcoin is that if you think about it for even one second, you realize how moronic it is as a commercial proposition.

>we're gonna sell the same service as is already offered by Microsoft/Amazon/Google/etc
>but with a convoluted and inconvenient payment system involving a volatile token that no business will ever EVER agree to
>why would Johnny CTO settle for just clicking "Pay Now" and getting his service, when he could go and buy ETH on an exchange, exchange that on a different exchange for iExec, record all those transactions, and then keep track of the fluctuating values and capital gains/losses those fluctuations cause, and the final value of iExec vs the ETH purchased at the end of each reporting period, so then Accounting can man-hours figuring out the extra tax burden the company incurred by going through this Rube Goldberg machine of a cloud computing service
>rather than just clicking "Pay Now" on Azure's website

DIGITAL OIL!

>> No.20655178
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20655178

>>20655104
>>20654662

Actually, I just realized it IS digital oil, in that you cannot actually use oil for anything without running it through a complicated and expensive refining process, at the end of which you get a product you can actually use to do work, like gasoline or diesel.

Both of which are readily available in convenient locations in any quantity you could reasonably desire to use, with no need to fuck around with any of the above.

So "digital oil" is actually perfect. Bravo.

>> No.20655194

>>20655104
>>20655104
>why would companies want to save money and make more profit by utilizing a world computer

k

>> No.20655372
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20655372

>>20655194

Holy God, think about it, you retarded bagholder. Buying the token creates an accounting nightmare of capital gains/losses thanks to the fluctuations of its value. Every time any iExec would be used for anything, it's a disposition per the IRS, so a record must be made of its value at that moment to track whether a gain or loss was accrued. That could be a whole lot of transactions every single day. And then some poor fuckers in the accounting department have to add that all up and figure out if the company owes more or less tax because of it. And they do not work for free.

Or, they could click "Pay Now"

>> No.20655447

>>20655372
This is exactly, I mean, EXACTLY the same recycled LINK FUD from early 2018

We are going to moon soon, RLCbros

>> No.20655466
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20655466

>>20655372
Stay poor
NSMDO

>> No.20655545

>>20655447
>>20655466

You poor fuckers, hopefully you realize this before you lose too much more money.

>recycled LINK FUD

lmao that makes no sense

>> No.20655672
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20655672

>>20655545
STAY POOR!

>> No.20655800

>>20655545
I only made too much money until now
>t. $0.20~$0.30 oil chad here

>> No.20655837

>>20655372
This is not specific to iExec, it will be a problem for the majority of the crypto. The law will either need to change or tools will need to improve by several orders of magnitude because as it stands people simply won't be able to report everything accurately