/biz/ - Business & Finance

>>23416371
Both will have their place imo.
/xsg is alright

funny how the XLM general only finds its existence by shitting on XSG

>>23416371
Is it possible to create a token on Stellar that doesn’t use XLM as gas and is highly centralised (1-5 validators)? Sorry if dumb question, but I’m not too into crypto, so don’t know.

I guess the question boils down to: could a CB create a private, centralised token which they fully control using the stellar Infrastructure and how would that affect XLM?

>>23416371
>XLM General
>used to make these threads in 2018
>spent months holding and shilling stellar
>got to #4
>realized what a fucking retarded team it was
>realized Jed was a fucking pussy who was pussywhipped by some uggo asian
>sold at a profit
>probably the worst shitcoin ever since then
>deletes half its supply
>no one cares

XLM is the worst coin in crypto.

>>23417107
Doubt it's the worst. Things didn't go as you expected and now you're salty. Ok..

>>23417107
>he sold under 1k

>>23417107
lmao were the faggot coomer posting half naked women for XLM?

imagine not selling in 1Q 2018 to not buy back in in March 2020. I have quadrupled my ATH fag lol. Parked in anchorUSD and getting 1 months rent everyday. Feels good man.

>>23418268
>lmao were you the faggot coomer pasting half naked women for XLM
That was him LMAO

>>23418268
>buys high
>sells low
>wHaT a ShITtY CoOIn
>>23417107
You should have been accumulating this entire time. I'm sorry you fell for the FUD but, you will most likely kill yourself when XLM reaches new historical ATH's and /biz/ is flooded with threads of XLM chads living the good life.

>Paypal didn't even mention and list XRP
Time to dump this shitcoin.

XLM is going places. The whole "bank the unbanked" thing will drive it.

>>23419526
Pride predictions?

>>23419647
Not one for making price predictions or meme dates, but I do know that xlm price will be based on how often the stellar network is used to make transactions, since you have to pay with xlm to use it and xlm is INDISPENSABLE to the network as a whole since without xlm, stellar becomes vulnerable to spam. Basically removing xlm from stellar OS like removing brakes from a car.

I believe that's why xlm went volatile after the usdc announcement, since when you combine a widely recognized stablecoin with a fast and cheap network like stellar, and on top of that you provide an open source SDK for developers to communicate with the stellar network and build stellar apps, I believe we should be reaching all time highs in Q1 2021 when usdc will be officially available.

If more ppl and institutions use stellar based apps and if banks use it for cdbcs, we should see stellar reach trillion dollar marketcap and see xlms price easily get within the range of 10-100 dollars.

Though this is just my speculation and what I figured from my research, do with it what you will...

>>23416371
XLM will be the digital currency for the 3rd world, developed world CBDCs will either be proprietary (like Swedish Rijksbank CBDC) or built on ALGO

https://www.bostonfed.org/news-and-events/press-releases/2020/the-federal-reserve-bank-of-boston-announces-collaboration-with-mit-to-research-digital-currency.aspx

https://www.bizjournals.com/boston/inno/stories/fundings/2018/10/24/mit-spinoff-blockchain-startup-algorand-raises-62m.html

The patrician move is to invest in all three: XLM, XRP, ALGO. Personally, I hold about 80% XRP, 10% XLM and 10% ALGO

>>23419647
the meme is $40/token but nobody really knows.

>>23419526
yeah- after this second wave of corona and lockdowns, economies will crash and CBDCs will get rolled out to distribute UBI and stimulus. these will be tied to 'health passports' which are chips which also function as Digital IDs (look up projects like ID2020 and PayID) and it's at this point that XLM XRP and ALGO will skyrocket, probably early next year but maybe sooner at the rate things are accelerating