/biz/ - Business & Finance

Decentralization of governance

Nothing Op.

This shit is going to $5. I hope anons sell before then and don't keep their gains in crypto lol

haircomb token on the bitcoin chain can be used by millions of people.

>>24029983
Buying drugs and money laundering. Also scams

>>24029983
YIELD. How are people still so stupid and clueless. Pretend you buy a goat and that goat gives yield, its like that but no goat.

>>24030069
its getting dumb how few people here are actually taking notice of the fact that haircomb can do anonymous transactions with millions of payments entirely on the bitcoin chain

i bet that will never take off bro

>>24029983
Pure speculation, that's why people don't use them, why pay something with Bitcoins if the price of it could double tomorrow? It's absurd and defeats its purpose.

>>24029983
I use btc to pay for my vpn

>>24029983
Nothing

>>24029983
is there any other use other than making money that matters?

>>24029983
I use Orchid, I don't have to worry about making an account or paying a subscription for VPN, usage is tokenized per unit of data.

>>24029983
Inflation resistant store of value.

>>24029983
>He doesn't buy his socks from Mt. Sox

>>24030082

Pretty much this. Also hoping it will moon so you can dump it for USD or w/e.

>>24030343

If you’re not larp’ing you’re the first person I’ve seen on here who actually purchased something with crypto that wasn’t weed.

>>24029983
What are stocks used for? They’re not necessary or practical in the real world either, and you’re a nigger if you think it’s not speculative to gamble on how well a company might perform in the future.

>>24030305
>Do the needful sirs

>>24030581

>ownership of companies that can pay dividends
>some random coin made to facilitate weed and CP purchases on the dark web

Hmmmmmm

>>24030537
I buy bullion with XRP.

>>24030537
no larp, mullvad lets you make an anon account and fund it with crypto

>>24029983
Pay bills

>>24029983

I work at an IT crypto dev company. We pay in crypto for most of our marketing services worldwide plus some of outsource devs got paid in crypto. This is just the begging. More and more people will realise how convinient and tax free it is.

>>24030305
Maybe if he didnt type like a retarded schizo we could understand what the token has to offer

>>24029983
i paid my gaming pc with crypto on newegg, dont have to pay taxes.

>>24029983
Every central bank on the planet is rapidly forming blockchain partnerships, developing digital currencies, and pumping huge money into incubation programs. Do you think they're just doing this to throw money down the drain or if they had no intention of implementing digital currencies?

>>24029983
The idea behind buying it right now is because it ISN'T used by everyone yet retard. If crypto was actually being used that would be at a time when all of it's volatility and early value is dried up.

>>24030042
based
LebAnon here
Bitcoin is helping get some money from abroad to survive hyperinflation and I thank God for that every goddamn day
use crypto before banks cuck you as well
don't take your banking system for granted
Godspeed anons

>>24030468
this

>>24031109

Implying the digital euro, USD, yuan is the same as Anoncoin.

>>24029983
store of value
lending/loans
trading speculative assets
actual spending for real world goods/services (limited use case but definitely one that exists)
sending money across borders/outside of government purview/without regulatory oversight (both legal and illegal use cases)

use cases are set to expand as speculative assets are able to implement business partnerships and adoption by real-world parties.

adoption drives value, but remember this shit is intended to provide an alternative to fiat national currencies, which are also speculative and backed by essentially nothing except an authority figure saying it has value. in the case of crypto, value is generally driven by agreed upon value, not fiat decree; as such it is actually a more fluid and extensible measure of value than most existing government backed M1/M2

>>24031257
You're absolutely correct, 95% of alts will fail, but that is what's happening in crypto right now. Rapid, frantic adoption from institutions who dont want to tip their hand, but also dont want to miss out. There's a very good chance that the euro, usd and yuan are converted to digital currencies sometime in the near future (like 5 years), and 99.9% of people not even noticing the switch. But these things don't happen quickly, financial institutions don't move as fast as the crypto market does

i buy the finest heroin with monero

>>24029983
It’s for getting rich, only faggot nerds like you care about usage.

>>24031383
this, but in minecraft

I agree with you. A good option for traders should score profit in all aspects of the market. We just have to get enough garanties and min risks, like on Dymmax (dymmax.com) platform

I use it to buy drugs and steroids online.

>>24029983
>speculative asset
there's literally no other use

>>24030537
Tons of people pay for VPNs with either bitcoin or monero. You can buy gold and silver at apmex with bitcoin. They even give you a discount over paypal/cc for paying with bitcoin, and bitcoin clears faster than a check or wire.

>>24031450
thank you sir , dymmax very good coin , we all being Rich end of year !!!!

true but at least we will make some money from them before they go. Currently making profit off $Base token.

Crypto is a consensual ponzi at this point. It was taking a nose dive at the beginning of the year. The only reason it's popular again is the pandemic and global shitshow. Bitcoin would probably be under 3k now if the pandemic didn't happen

>>24029983
Ppl can be dumb, if they don’t wanna understand something, they won’t. When we rolling in lambos cause of our BTC and Ramp investments, tell them ask us again

>>24030395
Exactly, lol these retards don’t understand

>>24031806
At least ppl are making money, anyways it gave rise to defi and these projects, Ramp, ALBT, Oro etc

>>24031669
Invest in Ramp for long term, trust me I know this shit

I spend my BitCoin to write information to the blockchain almost every day using services like twetch.

>>24029983
Everything I buy on Amazon is with crypto. And all my savings.

>>24029983
Venezuela

Here in post-soviet shitholes due to our government’s drug policies we buy drugs with crypto, and then the dealer sends us coordinates and pictures of where the weed-stuffed zipper is hidden somewhere in your city

>>24031140
Actually incredibly redpilled. It's just a finance game with the banks and everything is manipulated by the banks. America is fucked though, everyone has a year, maybe less to get their shit in order. Our economy is going to be falling fat. Godspeed leb bro, my dad is actually lebanese. Been there a couple times.

>>24032247
IRL drug dealing is completely dead now due our extent of war on drugs

>>24032274
oh wow
that's awesome fellow bro
exactly! I'm sure your dad know what's happening in the country and if he isn't scared, redpill him on what's to come habibi
>pic related
it's not much but we'll get there
godspeed

>>24032285
>>24032247
fucking based lol
>>24032274
are you in the US?
what do you work? and are you into BTC at least?
DCA all the way brother

>>24032884
I'm doing fine (wfh) and he's doing well too with his business, he doesn't really believe in crypto or btc though. Right now most my money is in alts, stupid I know. I'm probably going to go all in on btc very soon. I believed in xrp for half of this year when I got in but now I'm not so sure, good tech but manipulated.

Defi sphere is expanding quickly but still difficult to find a profitable platform.
Has anyone taken part in baseprotocol.org? Came across blockchain experts reviews about it, looks interesting. What do you think?

>>24033085
it's shit tech imho
even USDT might crash
I'd use DAI to safeguard any gains
teach him on what crypto is and maybe re-explain how Lebanon crashed and heading to 90% poverty
if he can spare a couple of thousands maybe DCA into bitcoin on the long run he'll be the winner
goodluck anon

>>24030082

>>24031140
>hyperinflation
Why is there hyperinflation in Lebanon? Btw I like your /pol/ threads, keep up the good work.

>>24033132
Yeah, he knows well on the state of lebanon much more than I do. He had visited a couple years ago and relatives were saying how the banks there were saying if you parked your money they would give some insane interest rate. He said he knew right then that they were going to go bankrupt. He's smart but he's too technologically illiterate and stubborn to give a fuck about BTC. I will try to re explain again soon though in the light of what I've learned.

>>24033230
thank you based bro
https://en.wikipedia.org/wiki/Lebanese_liquidity_crisis
basically this
it's been a Ponzi scheme, having our currency pegged to 1500 LBP for 1 USD approximately
After the october protests when the government wanted to put a tax on WhatsApp VoIP calls, people protested and ILLEGAL capital control laws were implemented
PEPs aka politically connected people and the people in power wired MILLIONS of USD abroad to safeguard their stolen money when we could barely withdraw 200$
one account wired 270 mill USD which could have helped 27k students study abroad, me included
Now 1 USD is around 8,000 LBP on the black market and the "official" google rate still follows the peg
a lot of parents attempted self immolation last month in front of the central bank because they had kids abroad who are flat out broke, when the people in power ponzi schemed us and cucked us out of our savings
I waged for 5 years through and after college to save up 10k and after getting USD on the black market I have around 1.2k USD cash
next month subsidized goods aka medicine, wheat and gas will stop being subsidized at the 1500 LBP rate and all hell will break loose
someone actually sent me some BTC on a link I posted a while back and I got a shitton of canned foods and medicine for my parents/grandparents etc... God bless that man
and in a thread yesterday with an Argentinian bro on /biz we were explaining how Bitcoin is saving us slowly but I hope to God surely
>>23991192
Thank you for the reply brother
FYI it's more complicated than that geopolitical factors come into play, having Iran and Syria trying to control us as well, militias here attacking protestors to protect the government
it's sad
so read up more if you want, basically EVERY political party leader stole and EVERYONE KNOWS which is what sucks
last part, even donations that came from EU and the US were stolen by the government and you can see food boxes being sold

>>24033504
being sold in supermarkets and on OLX, it's like eBay
I'm not judging but goddamn I've never expected to have to wait in line to get the equivalent of food stamps I think in the US just to get my next meal
I'm making 200$ now but ain't giving up
I applied to scholarships and got rejected to one so far, but will make it
I get tasks I find on plebbit and what not, even menial tasks like python scripts to fix and made around 400$ in 3 months, got them in BTC ofc and sold them for cash USD

>>24033237
damn he is smart af
I wish I realized that
please do and good luck fellow anon
all I had was 15 million LBP which was around 10k back then lol
at least he smelled the Ponzi scheme before it hit lol

Yes, it’s tough to find a pearl in a sea. But I've found an amazing project on the PosBit news channel. It calls Dymmax (dymmax.com), and I suggest you to go through it and make sure that I’m right

>>24033504
sorry for the long post btw anon

>>24033590
We will be when we are old, inshallah. He's seen a lot of shit. Thanks goodluck to you too.

>>24033590
Are you in anything else besides btc? Should I just go mostly into BTC?

>>24033832
PLEASE don't take advice from me lol
I lost 10k due to hyperinflation but from my modest research and understanding so far, the safest bet would be BTC
whatever you do never put all your eggs in one basket
I'm making 200$ now hence why I said my opinion might be invalid but if you find some pump and dump go for it
I'd be 50% in BTC, 30% ETH , 10% XMR and any other play money you can afford to lose in alts
Hope you make it brother

>>24033504
Ah, something like that happened here in Brazil back in 1990. I wasn't alive back then, but people say it was hell. The only advantage of being a third worlder is that you don't take your cash for granted. The government is always looking to screw you.

>>24033891
how is it an advantage though?
yeah I read about that
same shit happened in Lebanon at the end of the civil war as well but at least there were no ILLEGAL capital control laws favoring the politically corrupt

>>24029983
to provide liquidity and loose your investment

>>24033933
>how is it an advantage though?
Sorry, I phrased it badly. The advantage is that you learn to distrust your politicians from the beginning. Many first worlders seem to think they're immune to this.

Making international payments. With SEPA paymnents, it takes more than a day, and you are of course letting someone else handle your money, if they dont like you, they can legally steal it.

>>24033971
oh yes exactly
most people me included were raised to just save up in my bank account for retirement
I saw that my country was slowly being infested with retards and sectarian racist fucks more and more hence why I saved up and lived frugally to gtfo as soon as I could
now I'm 27 and broke
but will never lose hope honestly
when there's Bitcoin there's a way
I always distrusted politicians honestly none of them ever gave me shit nor helped me pay for college lol

>>24031324
Yeah but if everyone tries to pull out of the crypto market when a government backed crypto is released then 95% of people will lose bigly. It will be a dot.com bubble bursting.

Imagine not being interested in something because you're early lmao. Nice investing philosophy OP.

>>24031806
>Crypto is a consensual ponzi at this point
This.
And holders of crypto are motivated to keep shilling it everywhere online, so it is a self-pertuating ponzi.

>>24034193
you mean dollar reserve?
any governmental backed crypto will imho cause TRUE crypto to skyrocket
a government owned cryptocurrency would simply be a number on a computer
XRP anyone? reserve coin lol
fuck it even USDT might crash

>>24034095
I’d say dont take BTC for granted as well, its great that its available as a relief rn but like everything else its not 100% immune to corruption and manipulation. DAI is a safe bet for as long as dollar exists
also post your btc/eth wallet sometimes, I wanna chip in for a guy fighting for his wellbeing like we all are and spreading the good word, godspeed to all and remember WAGMI

>>24034253
I'm expecting that government will find some loopholes to make current cryptos obsolete, or inferior

>>24031140
Hey, xmr anon here. That’s really funny how you are using the LebAnon nickname I gave you haha!

>>24030633
t. dumb boomer

>>24034330
yeah I always advocate DAI honestly
I don't have much BTC it's like 20$ after I cashed out what I got; in the previous comment but on the long run I hope I'm right
>>24034333
like when DEA said AECs are a danger
fuck the government , crypto will prevail!
>>24034366
hahah fuck yes someone actually talked about me on a previous thread yesterday on /biz and even in a bitcoin thread on /pol
getting recognized
LebAnon shall tell tales!

>>24029983
i just got 2 pounds of high quality marijuana in the mail. thanks BTC.

>>24029983
building wealth

>>24034561
fuck yes
based bro

>>24029983
savings account with 5000% interest

>>24034622
based!
>>24034366
you're not the bro who sent me 10$ a while back are you? lol thanks again!

>>24030537
I've used to pay for cloud storage, and for groceries since some merchants here take crypto (Venezuela). Probably will use it to pay for a VPN as well.

is thread dead?

>>24034330
0x71A53b935448D1fa85459Bb972507E9816B8019c
yo sorry I didn't see it
thanks man if you really wanna help out
this it the bitcoin address
3LtyqcgfFtHBqTN1zZ8Y9kgNmPGWar5fUE
even monero lol
>>24034366
41jhfidFTRFWrj2DfrovwVhWANMHtcT5QULasrpTYizr7YWFLQohnkwiW9JmT6SjSu7egjLUNhavML2sZToVPvPXR9w3yZe

Nothing

next

>>24036247
i'll send you like a quarter of xmr when mymonero wallet finishes updating
I've got a friend that was from Lebanon and i feel for him and his

>>24029983
My bookie takes, and pays out in bitcoin

>>24036247
sent ;)

>>24036856
holy fucking
God I love you so much dude I just saw it
thanks so much
I hope I am able to pay it forward one day

>>24036944
godspeed anon
the whole point of crypto is a "fuck you" to the banks and government
i hope things settle down where you're at and you can get back to a comfortable life

>>24029983
Drugs and weapons

>>24029983
Bitcoin is globally accepted as a store of value and hedge against inflation which is why it is skyrocketing and will continue to do so. All other shitcoins are pump and dump scams except ETH.

>>24029983
To not get SHIT on by inflation or negative interest rates.

the “holding” is not a use meme zzzzzzzzz
sage

>>24037002
I fucking love you and the other anon who sent me as well
God I love the crypto community
a fuck you to keynesian banks indeed
I hope I am able to pay it forward as well and spread the good word to everyone around me
Preach my brothers
I am so humbled I really don't know what to say
Goddammit this is huge for me thank you so much I teared up; not to sound faggot-like but thanks again brother

>>24029983
nothing its bullshit, its not worth more in real shit than gold in wow

>>24037713
paid shill
BTFO

>>24030468
>>24031178
>store of value
>makes you poor

>>24029983
Bitcoin is a storage of value

>>24037832
K

>>24037670
godspeed anon
we're all gonna make it

>>24029983
Institutions are using it a lot, especially banking.
T. I work at a bank

>>24029983
soon all currency will be digital. and we are the pioneers looking to get rich on a system that will ultimately try to enslave us

>>24037945
https://www.bloombergquint.com/business/lebanon-plans-to-introduce-digital-currency-in-2021-salameh
look
this is a BAD example of introducing digital assets since it would basically be a number on a computer
RSR in argentina might have potential since I think even the people are shilling for it
>>24037925
much love

Not drugs

>>24031104
You can do that?! I want to build a new one and if I can I would totally do it that way.

>>24030305
>>24030069
Lmao boomer ass niggas ffs

besides the speculative reasons, we are using it for creating dapp and looking for layer 2 solutions. Now we are targeting to work with Tokamak Network and benefit from its TON token

>>24038462
>>24037925
In fucking deed

>>24029983
>No. What are people actually using the Internet for today in 1973.
Fuck off spaz

>>24037670
sent you a couple bucks
keep your eyes out

>>24039083
ETH?
holy shit dude I was gonna say it now
Godspeed anons you truly have no idea how much I appreciate it

>>24039271
oh fuck BTC
dude today is my lucky istg
thank you so much this is so fucking huge for me I can't say thank you enough anons