/biz/ - Business & Finance

great news for Algo

>>50481352
How will they regulate my 400,000 dollars of Elonigger PumpuskCoin?
The whole original point of crypto was that governments couldn't regulate it. If such a thing happened all the non-private coins would go to 0.

>>50481370
Why is it great news?

>>50481399
checked. because algorand is centralised and partnered with governments and public institutions. its basically a solana but for public use, while solana is mainly for private

>>50481377
So is Elonigger a private coin? That's quite bold to spend that much on possibly a microcap.

>>50481417
If it is centralized what's the whole point of being a cryptocurrency, that's why SOL keeps shutting down, I feel one of the workers was fucked up and he just shut down the server switch every time they have outages.

>>50481352
I think regulation is very bad for the crypto space, it may shut down the whole thing.

>>50481352
You don't want it doesn't mean you won't get it. I don't want bills but I get a lot of them.

>>50481399
Maybe the partnership with FIFA

>>50481377
You put 400K in this shit?

>>50481469
It is for the government best interest

>>50481593
What does this have to do with regulation?

they're actually going to make crypto legit which means more governments will implement it one way or the other. Idiots who think regulation is bad should just kys and stay poor.

>>50481641
You are dreaming right? India is charging 30% tax for crypto transactions.

>>50481601
For me, it's a double-edged sword, the regulation will also prevent rug pulls and the like of LUNA cases but at an expense.

>>50481709
>india
pick a country that actually matters

>>50481417
Sol should work on its downtime problems and become more decentralized.

>>50481721
I'm giving an example of what regulation can do because the government will be hell-bent on phasing out crypto you racist fucker.

>>50481352
>regulate crypto
just like they banned torrents, amirite
kys op

>>50481709
India government is trash and stupid (obviously pajeets have no clue). Here in my coutry all crypto gains are tax free if you hold for one year

>>50481724
SOL has always been centralized and that's the reason I never liked it. We are moving into decentralization fully and not a partial one.

>>50481716
You should get your ass off the crypto space if all you want is regulation.

>>50481641
All I see is a retard sharing his opinion. Go ahead anon.

>>50481352
I love my transactions to be private and don't want anything to do with the government. There's just going to be a way out.

>>50481733
More reasons for more innovation, don't you think anon? And I don't mean just blockchain privacy here. That shit is oversaturated. More of decentralised payment solutions needs to be adopted.

>>50481878
Till then. Now, payment gateways are gaining traction. CryptoXpress is hot on that trail. There might be others.

>>50481768
What country? is that a form of regulation?

>>50481724
SOL is not a decentralize chain, it's a bunch of shits

>>50481377
Even private coins are under the heat, they are the ones at risk of being eliminated because they are impossible to control.

>>50482003
Blockchain privacy is a very delicate part, no one knows how hard regulation will be on it.

>>50482082

regulation wont affect btc directly
it will affect centralised exchanges and shitcoins

>>50482130
It will affect anon
Only with regulations can investors be safe from the fucking government regulations

>>50482130
Paying tax won't affect those who trade BTC? Go think again anon.

>>50482087
If privacy is the only thing they offer, then I see no difference. The space needs products that work in the real world.

>>50482106
You have a point there. Best to make use of the available opportunities. Stake the likes of cake, ada and xpress while you sit on the sidelines.

>>50482309
Projects tend to have multiple utilities and that's what makes them strive.

>>50481352
You already know what to do.
But you probably are too much of a pussy

>>50482309
That's right, I've seen some interesting applications from privacy blockchains, last week I was at the minting of the first movie NFT by legendaoNFTs.

>>50482180
Sure, it will increase MC because bigger institutional investors will come in, but we are not all institutional investors.

>>50482338
I'm not a fan of movies but this sounds like a welcome development in the NFT space. That's going mainstream and gaining wide adoption.

>>50482309
Although most projects offer only privacy, but they are some that offer a vast number of services, secret is just one of such.

Do a google search and find out

>>50482180
Safe you say. The people in crypto love decentralization and that's why the crypto space sounds special. It all going to be fucked when regulation comes in.

>>50482364
Yes, sole investors also need privacy, not only institutions

>>50482399
Not for everyone, for me, I already have a safe haven

>>50482419
No one is safe when regulations come in. It won't stop hacks from happening. What's your safe haven?

>>50481352
you are asking people who possibly think that nfts are the future by putting money even in games like champ, scammers and also meta fags, I don't think you are looking for the real answers here.

>>50481352
shithead, musk has already sold his bag too, just fucking wait and brace for an impact.

>>50482521
C'mon, what are privacy blockchains for?
Although, not all are effective, but some are very authentic when it comes to anonymity

>>50481352
>bitcoin innovation
lol coiners are retarded

>>50481352
I would have used monero but it is banned in my country.

>>50481370
another scam and shit coin in the making

>>50482680
Most privacy projects are now getting bad in different countries but they can't get banned worldwide.

>>50482696
name 1 reason why its a scam/shitcoin. just 1 ticker=ONE reason

>>50481352
>>50481352
Nothing is going to save you, fucking government will come into your home or send the FBI, but they will fuck you around for taxes.

>>50482521
I believe there will be a balance when regulation comes in but privacy projects are here to stay.

>>50482379
I know they are the only one that is offering customizable privacy, planning to mint killroy on it while the price is cheaper.

>>50481352
This is why you never ever sell your bags of BTC and eth, you dickhead.

>>50482792
Decentralization and privacy go together. Don't you think so? It is much better for everything to be decentralized.

>>50482668
I have seen some projects parading as privacy protocols without doing shits. We need more good projects in this space.

>>50482816
I would just fucking would like to mint a private nft of a model if I get a chance to mint.

>>50481352
Sell everything and go home retard.

>>50481352
monero was used to be good and now you can only buy drugs and girls with it, even the stash owners are not using it anymore.

>>50481352
>word Government regulates crypto
>giggle because short of seizing computers they can only do so on paper.

If they seize or render computers untrustworthy their cashless fantasy will be ruined as well.

>>50482816
They are not the only ones doing this. They offer more flexible programmable privacy features but they are the only privacy project in this space retard.

>>50482841
They are two different things entirely

>>50482886
Monero is now an old fag. The developers are innovative and this will cause the project to die off soon. I have moved to other good privacy projects with more advanced features like NFT access control.

>>50481733
You are posting an example as to why exchanges for crypto are a terrible idea and defeat the entire purpose of crypto.

>Government thinks crypto is a bank for spoiled rich kids
>they regulate the shit out of it by saying 30% of it needs to be taxed.
>acquiring crypto through a corporation (buying on an exchange) means that the corporation reports taxes to their government.
Depending on what country the corp or you are in this might be tax free, but it might not be. These companies are regulation companies that deal in crypto not the crypto itself.

>>50482848
I play secret hero and other games in one of the privacy blockchain, and all my players are anonymous, also all my defi activities are carried out there

>>50482986
Playing a privacy game sounds like something nice.

>>50481451
can you even code, just get a life before you speak, I am still making money on them
>>50481709
never seen a country so keen to fuck up crypto currency

>>50482986
If they develop private gaming, I could play games and earn money and avoid taxes simultaneously.

>>50482941
privacy-based projects will grow big in the metaverse, This is the next big thing.

>>50481352
The government official and corrupt ministers are stacking up on the dip, get ready the pump will come soon.

>>50481417
I believe most regulated CEDEFI projects, such as freeway, Cryptocom, and others, will be unaffected.

>>50483362
I really do not like the privacy system because many bad actors leverage on it for their illicit acts.

>>50482840
I prefer to go for low caps like SCRT, VRA, GMT, and APE. They have the potential of giving me an early retirement.

>>50481352
>The world government has now decided to regulate crypto

>>50482841
They are different things annon. But On-chain privacy should be advocated for. These retarded FEDs are after our bags.

>>50482866
Look for smaller caps.
Buy GMX and GNS, stake and also earn.
Buying 150 bucks a month of big cap tokens is cringe.

>>50483362
How are they going to achieve this? Lots of data are exposed in the metaverse. It's the next trend but I'm not much of a fan yet.

>>50481352
yeah bro exactly that, sell everything before it’s too late

>>50483495
>Look for smaller caps
based advice. once the bull comes there is no point holding large caps. every small cap gets a 50x or more even if its the shittiest shit coin ever shitted

>>50483459
I have massive respect for on-chain privacy. Projects that are pushing for programmable privacy are underrated

>>50483362
Let's talk about the power of Orbem Wars and Bushi. These are powerful NFT-Metaverse related projects that are equipped with privacy

>>50483133
Yea, they have amazing games in their chain, but I'm more fascinated about the DeFi.

All my transactions are hidden from the publick

>>50483334
You can't be serious, kek
Who told you they don't have private games?
Just visit and confirm, you pleb

>>50483430
>I prefer to go for low caps like SCRT, VRA, GMT, and APE

The last time I checked, SCRT, APE and GMT aren't low caps anymore. Be careful, faggot

>>50483532
What if it doesn't survive?
This is another point to consider. Mind you, it's not all projects that will survive the tension.

>>50483872
Who still invests in GMT?

>>50483872
Low cap make the most money
When low cap will do 10x, medium and high cap will be struggling with 3x

>>50483334
>earn money and avoid taxes simultaneously.

If that's what you think privacy projects are all about, then you're pajeet.

>>50483602
I prefer the order of mystic skulls instead. All the gaming projects built on secret enjoy privacy by default.

>>50484009
Good luck in discovering low caps then, fag.

>>50484365
AnonsNFT v2 is going to be powerful. Can't afford to miss minting at 150 sscrt

>>50483994
Only plebs. Plebs only

>>50481417
that’s gay as fuck. go back to plebbit

>>50483972
Then you've to play it cool. Go for something powerful that can last for long

>>50481469
I doubt the regulations would win in a fight against crypto. A lot of people would just switch to using privacy protocols to maintain their financial freedom.

>>50485288
Thank you for being a faggot who like to bank on shitcoin

>>50481352
>I don't want any of this.
I decide here what is good for you.

>>50483972
Based. I'm also of the opinion of investing for the long-term and I see the sports metaverse standing the test of time as it's a place to be for all lovers of sports in the crypto space.

>>50486199
kek. Ice cold

>>50483994
Anons who want quick cash

>>50483405
Do you think crypto.com would ever get insolvent?

>>50481721
they may be low iq but you cannot ignore the numbers, huge population. They're one of the major reasons shitcoins were popping off. Just think about how many users the average pajeet scam can get just because their home country is absolutely filled.

>>50486313
The metaverse tech is growing at a fucking speed of light. Web3 gaming is no where left behind, honeyland is now right at the top of this degens

>>50487720
You're right anon. The metaverse is taking over and even web3 is gaining more adoption as sports legend Ronaldo is set to build his own web3 community with Binance.

Literally use rocks for money. Like money is fake, why you gotta let abstract institutions abstractly regulate abstract representations of abstract value. Literally since crypto has been pozzed we switch to another medium of value. It literally used to be salt, then seashells, tulips, now it's just encryption keys. Nigga literally use rocks, or dirt, or sand.

>>50481601
Well, one thing is for sure anon: they won't be able to take advantage of users as there are always privacy solutions to give us financial freedom.

>>50487720
This gaming ecosystem will be ruled by NFTs and tokens with open APIs for developers to build on their platform

>>50482106
Regulations would definitely try but they won't win against privacy solutions. The future of crypto is decentralized and each user would have financial freedom.

>>50481352
sitting pretty. everest $id

Jurisdictional arbitrage assures no one country can ever totally fuck Bitcoin.

>>50484365
Its good to see privacy solutions integrating with the gaming sector. I'm also anticipating other innovations like the NFT support on Railgun which would allow anonymous interactions with NFTs and private auctions.