/biz/ - Business & Finance

>>50952734
so fix the meme you bean brain

>>50952810
Thanks for overlooking everything else and fixing the meme, you retard.

>>50952734
Idk im all in private prison stocks.

>>50952734
You should have been DCAing from day on, anon. Even in the bear. Easier on the wallet

>>50953257
That is true but don't act holier-than-thou and pretend like we all haven't been victim to FOMO, kek. I just think Fiat is safer now

>>50953310
Correct but as you said the market isn't going to recover anytime soon, so fuck whatever it is that you're experiencing FOMO from, I know the ETH merge shit and the SHIB pump may be one of them

>>50953356
Let's not get it twisted, until ETH gas fees doesn't decrease I wouldn't dump lump sums in. And SHIB is a fucking joke. Probably fake pumped by community.

>the market
MY market's already recovered, S&P is back to where it was in January/October 2021
YOUR market can fuck off, street shitter

>>50953405
you sound so fucking buttfrustrated anon, have you tried shooting yourself in the face with a gun?

>>50952734
Are you retarded normies earning passive income on your FIAT, lmfao

>>50952734
We are in for a big shit Anon, am not even surprised

People discuss inflation without ever determining the true cause.

Inflation is caused by too much money creation. All money is created digitally when private banks issue loans. Our entire money supply is created by private banks, NOT government. Therefore, the evil system of bank-created money is responsible for all inflation, depressions, recessions, and hyperinflations.

proofs available at:
bankLIESdotORG

>>50953310
Fiat is safer ? Till you get a hike in CPI and it's get obvious your Fiat value ain't shit anymore .
I hate banks n government

Private banks create the entire money supply. Too much money creation causes inflation. Therefore, PRIVATE BANKS are responsible for inflation.

proofs available at:
bankLIESdotORG

>>50953390
Fake pump during a bear market yea.. it's suspicious af, only a Chad would get fuck this way

>>50953437
STF pleb.. how's that even possible. Market is down af, BTC tryna get some relief at 22k
We are doomed and it's just the end

Less than 1% of the population understands that private banks create all money and are responsible for inflation.

Banks create new digital money AFTER the borrower signs the loan contract. The entire money supply is created this way.

Proofs at:
bankLIESdotORG

>>50953405
Kek. Wait for the stock market to crash and take the crypto market with it

>>50953424
I don't think he is, considering he's shooting his irrelevant opinion on this thread

>>50953437
If I could earn enough with fiat I wouldn't be in this dilemma, newfag.

>>50953472
>>50953493
hey jeets, inflation is caused by demand-pull and cost-pull. It increases prices in the economy. But go on with your theories.

i have been priced out of eating out. it's like 10 loonies for the same haumburger or submarine that i was charged five loonies for just a couple years ago.
7.6% inflation my ass

>stick to fiats
fuck that, i'll take a slim chance of making money over a certain chance of losing it, not that i have much to lose

>>50953620
Don't forget the expansion of money supply. Even though the Federal reserve says the relationship between inflation and the money supply has become a lot less with time, I'm not going to completely erase that reason.

>>50953625
Depends. I wouldn't want to get into anything too volatile either during this market. Fiat is less income but less loss too.

>>50953802
You can always invest in stablecoins if you're too much of a pussy to take a risk. Earn some interest on it.

I bet you're one of those morons who thinks, inflation means it adds up every month by that number. I'd expect as much from a brit.

>>50952734
>2.8% in China
Is this true are they BS fake numbers?

>>50953885
After the whole LUNA issue, I'll pass.

>>50953991
Shut the fuck up, anon.

>>50954072
Are you retarded, newfag. Tether wasn't backed. Invest in 1 to 1 backed stablecoins like USDC and you should fine. Dont do any shady shit

>>50954097
Okay but USDC is centralized. That defeats the purpose. Might as well stay in fiat.

>>50954097
This.
>>50954298
DAI is a good option for a decentralized stable. Stake it on a DeFi middleware like Spool Fi or some shit and it should be as low risk as possible for you.

>>50954367
Someone suggested that shit to me last week. 10% APY on USDC is bullshit, anon.

>>50954097
tornado cash wasn't shady its just privacy. you can even remain fully tax compliant while using it and provide taxman with everything he needs. but noooo they ban it anyways well fuck them fuck usdc and fuck everything and everyone fuck it all. basic human right not to have your dick out for everyone to see. flashing my wallet balance to everyone i interact with no thanks, gross.

>>50952810
You fixed the meme; why not try fixing the economy too?

>>50953231
Do you mind elaborating which ones?

>>50953310
>I just think Fiat is safer now
>>50953310
You've got to be kidding me cos who the hell says fiat is safer? You'll wake up soon to see that it's value is all gone and that you should have saved in stables; probably staked even.

remember two years ago when normies said printing more money was the smart thing to do?

Turns out, Fiat is the ponzi scheme and unstable currency!

>>50953390
Smart devs who built their projects on Ethereum are already devising means to circumvent the burden of high gas fees.

>>50953472
So basically we need the banks out?

>>50953257
Easier said than done anon, it doesn't turn out to be that easy

>>50953390
Do you live in the ice age? You dumb retard haven't you heard that's what the merge gonna solve.

>>50953437
No one earns passive income with fiat; If you say from stable coins, it makes more sense. The fiat will be taxed until the account is empty.

>>50953528
Is this some sort of botted reply?

>>50953484
Anyone who still thinks the fiat is safer is retarded just like OP. How can you be so unaware of what saving in stables would do for you? Stake that shit and eat fat bags of profits wagie!

>>50955161
>No one earns passive income with fiat
When were you born?

Are you fucking telling me you don't know banks offer interest when you save with them even if it's shitty that certainly counts as passive income.

>>50953501
Isn't that what all meme coins do? pump and dump from hype

>>50953472
>>50953493
>>50953528
Bot fags!

>>50953885
>Earn some interest on it.
Finally someone sensible joins this thread. Tell these jeets how to take their baths too cos they definitely know nothing.

>>50953231

I see you follow Michael... He won't be right this time...

>>50952734
>Ain’t we all fucked with these inflation figures?

Not everyone, the next masters are slowly taking their places and they love seeing more and more "middle" class people falling into poverty.
UBI will fit like a glove.

>>50955673
The smart ones are already making silent moves by looking for ways to protect their assets while the dumbfags are on 4chan debating about the inflation figures.

>>50955061
Congratulations to them but the ETH merge would address the issue of high gas fees so regardless it's only a matter of time before high gas fees become a thing of the past.

>>50952734
I have a high paying career, net worth over $1 mil, and the zestimate on my house is still going up.
#not my problem lol

>>50953231
Private Prison stocks could be a smart play, high inflation=less money = more broke people= more crimes.

>>50952734
Inflation numbers are fake, it's actually around 20%

>>50953390
>until ETH gas fees doesn't decrease
That is what shiba inu is doing, retard.

>Ain’t we all fucked with these inflation
>I might as well just stick to fiats like normies

>>50955230
>Stake that shit and eat fat bags of profits
not your keys, not your coin

>>50953620
>Retard pol tier take on inflation.
Cool.

>>50953231
not this time michael

>>50954072
>After the whole LUNA issue, I'll pass.
Lowest IQ take.
LUNA constantly mints coins to keep the price down, which caused retards (like you) to massive sell large bags causing the price to go down and causing more people to sell massive bags.
Just fucking hold on, Jesus.

>>50953257
DCAing is a good way to take advantage of the market, staking stables are good as well.

>>50956220
I have a wallet so I don't need keys, retard nigger.

>>50953390
The merge will solve the issue of gas fees, and I believe this will make ETH more approachable in term of building certain projects.

>>50955230
MUH HECKING LE FIAT!

>>50955232
>Are you fucking telling me you don't know banks offer interest
Woah bro! Hecking 0.25% APY! HECKING BASED!

>>50952734
As long as I'm having my assets in scrt atom shd btc bnb eth, I dn't give a damn about the uk and us inflation

>>50955230
They do need some orientation, especially that certain DeFi tools make earning easy from staking stables.
>>50954097
I stake USDT, but I kind of trust USDC more and its been my main stake when using Spool.

>>50956427
Earning staking rewards for staking cosmos IBC coins on is far better than getting that any interest coming out of any bank

>>50956597
Banks are shit anon, i prefer the fuckign decentralized way .

I would be super happy with 10%

Try 25% by end of summer

>>50956164
Hey faggot, do you have some info that backs up your statement?

>>50956171
In what world is shib reducing ETH fees? Do you even think at all?

>>50956597
I pay better interest than these fucking banks, they are shit and there's no hiding that.

'WE NEED TO LOCK DOWN THE COUNTRY FOR A FEW WEEKS!'
> Proceeds to lock down for 4 months destroying the economy
'WE NEED TO LET PEOPLE GET MONEY FOR DOING NOTHING BECAUSE THE ECONOMY IS DESTROYED!'
> Government gives out hundreds of billions in gibs
'WE NEED TO BUY AS MUCH PPE AS POSSIBLE!'
> Government spends tens of billions on largely unrequired PPE (gloves, aprons etc)
'WE NEED AN APP TO LET US TRACK AND TRACE EVERYONE'
> Government spends tens of billions on app that barely works
'WE NEED TO LOCK DOWN AGAIN BECAUSE THE VIRUS HAS MUTATED!'
> Government locks down for another 8 months, destroying the economy further and doubling down on aforementioned spending

'WHAT WHY IS INFLATION GOING UP SO MUCH?! I CAN'T AFFORD TO LIVE HELP ME GOVERNMENT!!!!'

Fuck normies, they acted like such faggots about a fucking flu and now they're reaping what they sowed.

>>50953576
>>50953424
and what's going to happen if the crypto market crashes and the stock market doesn't? you consider shooting up your nearest elementary school?

>>50952734
I got a 10% raise this year, am I still behind?

>>50958618
You are fucking behind retard, what about inflation don't you fucking understand don't you know good's and services are more expensive now?

>>50956220
That's the exact reason why you need to stay full DeFi.
Middlewares are for this

>>50955230
Its that simple, not your key not your coins, how about that.. lol
Well seems like its the new trend lately, earning from stablecoins

>>50955232
Chad spotted.. well anon needs to clarify to say negative passive income..
>> Fag indeed>>
who tf earns 0.15% APY and interest rate at 10.4%, how's that even compared to farming USDC and earning 9% on yield aggregators

>>50954367
>>DAI is the only decentralized money.
>>50954722
Stocks are fucked, dont bother knowing kek
>>50954958
Why are we all just knowing this.. shits, safety is in stablecoins..
>>Glad i knew spool & beefy early enough, been eating up decent APY from USDT

>>50960711

Where do you stake?

>>50954072
Who's this faggot that's comparing UST to backed stables like USDC. They were no where close in terms of mcap & adaption rate.

>>50954475
Spool has different risk tiers with their associated APYs. If you want higher APYs then go for the higher risk plans.

>>50954696
Hehe; take it easy on him anon.

>>50955232
>When were you born?
Definitely not on the same day as you fag. If you know the interests are shitty then why compare it to what's available for yield farming

>>50956068
I hear the merge will affect speed of transactions more than gas fees.

>>50956220
>not your keys, not your coin
If you're staking on decentralized yield protocols with no centralized wallets, then you don't have to worry about that.

>>50956327
>staking stables are good as well.
That's true but you need to be staking on safe and secure platforms that are not difficult to navigate.

>>50959241
The Defi middlewares give users better opportunities with staking because of the connection with the array of yield protocols.

>>50960641
Still emphasizing this in 2022? Some people never learn do they, i wonder when they would ever do,

>>50961665
I use both beefy and Spool, meanwhile be careful with beefy if you must.

>>50962582
What do you expect? kek never learn.. they are needed as exit liquidity..

>>50961665
The DeFi niche never runs out of staking opportunities, infact i just got out of the coinbase rewards i intend on making use of spool at this time.

>>50956745
Spool makes it a whole easier with it's auto. compounding of interest, earning is on the most efficient side for the user.

>>50957298
That world don't exist, and those doing that have an explainable system for withdrawal, which is the batching system, where users withdrawals are batched and sone once, thereby splitting the gas fees for the users.

>>50962696
Yielding is still better than anything, andI'm glad Spool and beefy which have been doing the most in appreciating

>>50962277
There's quite a lot of safe platforms, where one can passively yield from several yield generators with just one deposit...

>>50956220
Staking is based but I've made good profits from LP mining as well. Currently I'm have the best yields on Ore Network I've had in a long while.

>>50956482
You have a point chud. Good investments can take away worries about current conditions since you have eyes on the long term. I for one am getting into asset management and security systems as I see them being a big deal in the next bull season.

>>50952734
Cheapest investment out there is silver. If inflation is 10% but hinds are yielding 1-2% then that is a major problem that will be rectified by a massive flight to safety as people redeem their bonds.

>>50953200
Details matter you lazy faggot this is why you're poor.

Reality is op as long as we continue to tollerate boomer tier policy and woke idiology NOTHING will change.

Seig Heil.

>>50962103
Compare? Who thought you how to read retard cause in no way did I compare them.

>>50962277
Beefy and Spool are the closest i can think of.

>>50961665
I stake mostly on Binance. A friend of mine told me about a 53% APY LP mining ORE/ETH. I might be getting in on that pretty soon.

>>50958618
Unironically yes, how much are producer prices going up now?

>>50952734
>I might as well just stick to fiats
I mean I'm no financial genius or anything but it seems to me like just parking your shit in fiat currency is the absolute LAST thing you'd want to do when there's rapid inflation since literally anything else is a safer bet for maintaining the value of your wealth.

>>50954696
Hey anon, cool it with the antisemitic remarks

i dont give a single fuck
still making a shitton of APY from my Bitdao tokens
i dont need to work cucks
i hope all of you wage slaves suffer harder

>>50953257
DCAing is a good strategy pleb. I do it weekly with profits from my trades on assets like ALGO and ORE till the next bull cycle.

>>50960641
>earning from stablecoins
With the rate of the market's volatility, we just have to be smart with investment patterns to avoid getting rekt. I guess that's the reason why stable coin staking has gotten really popular lately.

>>50962696
>meanwhile be careful with beefy if you must.
Beefy is not it at all! I'm patiently waiting for its shutdown news.

>>50964596
>Spool makes it a whole easier with it's auto. compounding of interest,
I hear that they added $10mil to their TVR recently. It's obviously getting lots of adoption.

>>50966257
Gold is actually coming up strong lately.

>>50964633
I guess this is one of the reasons why users are not scared to interact with the ecosystem even though it's built on the ETH chain. The burden of gas fees has been taken away.

>>50967047
>I stake mostly on Binance
Avoid CEXs at all costs. Defi middlewares have made staking much easier since there are multiple options to pick from. Utilize them!

D/bond has great possibilities and potential in DeFi and traditional finance. You certainly can’t deny that with normies looking for a safe net to stack cash and make gains

Meanwhile wages remain the same

Syscon is known for quickly negotiating collaboration agreements with significant partners.

inflation is 0% and were not in a recession

>>50969203
Based. I've always preferred DEXs. I've also found the Railway DEX innovative for enabling private swaps and trades in the crypto ecosystem.

>>50953620
inflation is expansion of the money supply. Any other made-up nonsense is pilpul designed to distract you.