/biz/ - Business & Finance

thnx infoAnon

>>56521202
how do you feel about pondering orb? think nay ponder before thine answer

>>56521202
Probably the most fair post I’ve seen in awhile. Though you purposely missed one lol

>>56521202
midwit takes from obvious new fag. 50% PEPE 50% LINK

>>56521202
bitcoin is not safe.

>>56522435
based

>>56521202
>Polkadot (DOT) - Overhyped interchain operability. Looks fancy on paper but the actual utility and demand are questionable.
So you're saying in your opinion dot is the only one with any real potential

>>56521202
You made a mistake on the HBAR one--it's not closed source, it went open source a while back.
Also, no crypto, not even BTC, is decentralised, but it's true that Hedera is more centralised than others.

>>56521202
What about link?

>>56521202
>Avalanche (AVAX) - Claims to be the next big thing with "subnets"
tokenization of real world assets is the next big thing.
The World Economic Forum, The Bank of America, The Big Four and basically every Asset Manager on the Planet agrees to tokenize their RWAs as soon as possible and they all did extensive studies into this.
To achieve this tokenization everyone with RWAs needs Blockchains, starting up their own is too expensive and Avalanche Subnets solve this.
They can run any customized VM not just the EVM. its literally the AWS of Blockchains, its Blockchain as a Service. there is huge demand for this.
>but too many red flags with its consensus model
the consensus model works fine and it scales. transactions have a time to finality of under a second and nobody else can currently compete with this.
>and token distribution
to run validators and create VMs AVAX has to be staked and used.
Ava Labs also has the best BD team (look up who John Wu is) and they have been shilling for years to tradfi.

>>56521202
>ATOM
>Another internet of blockchains
Its the original internet of blockchains retard.

>>56522773
OP is a midwit and doesnt even understand Chainlink.
every tokenized real world asset (a market the size of $800 trillion and up to 68 trillion by 2030) needs all kinds of Data feeds and oracle services to function and these services arent coming for free.
they have to pay Chainlink Oracles for it and LINK stakers will get some of that cheese.
Chainlink already holds the monopoly here. literally God Protocol.

>>56522786
ATOM tokenomics are kinda shitty and community and developers disagree on some things but overall these guys are legit and trying and they are coming to Avalanche too.
they understand that they can use Avalanche to their advantage and get some of that RWA Liquidity thats coming to the Market.
https://twitter.com/cosmos/status/1719440338010394844

>>56522779
thanks John. Are we still up for gay sex later tonight?

>>56522989
>projecting homosexual fudder appears as soon as Avalanche is mentioned
like clockwork

>XRP (Ripple) - Centralized, tied up in legal issues, and operates more like a company than a decentralized project.
Ripple is a company, that's why it acts like one.
XRP is the native token of the XRPL, XRP in itself isn't a security, the ONLY crypto with regulatory clarity in the US.

>>56521202
hey why did you skip the most shilled token on 4chan? it's not needed?

>Hedera Hashgraph (HBAR) - Closed source. Centralized governing council. Not truly decentralized and lacks the ethos of cryptocurrency.
https://hedera.com/learning/hedera-hashgraph/open-source-at-hedera
https://github.com/hashgraph

>>56523019
>the ONLY crypto with regulatory clarity in the US.
Regulators will never go against Avalanche or Chainlink.
Ava Labs and Chainlink Labs did everything by the book, have top tier legal teams and they were both funded by uncle sam through National Science Foundation (NSF) grants into the initative for cryptocurrency and contracts aka "IC3".
Emin Gün Sirer, the CEO and founder of Avalanche is also technical advisor to the CFTC.

>>56523031
because OP is a midwit, he isnt completely wrong about many things tho.

>>56523010
yup. i am a homosexual actually. and I know a lot of faggots are into AVAX. it's the gay coin for fudgepackers

>>56523051
>>56523010
>>56522851
>>56522779
AVAX shills out in force tonight. need to recruit bag holders for muh bull run huh? BofA is insolvent they won't buy your bags

>>56523051
Currently it is, I'm not saying it will be forever. Regulations will happen soon enough and the honest project will succeed. I agree with you about link, I haven't looked into ava.

Just remember: all Crypto coins are a Ponzi scheme

>>56523068
ava labs was advertising on the nyc subway last bull run. let me ask you why would a crypto need to advertise? because they are trying to sell you something. its not "decentralized" and its not a cryptocurrency. AVAX is a tool to transfer wealth from you to Emin. can you say doublespend?

all crypto is a scam

>>56523051
>he isnt completely wrong about many things tho
agree, and given that he genuinely seems to try to help, I don't understand why he skipped 'our token'. At least a weak fud would be in order

>>56523051
>Chainlink Labs did everything by the book
They sold unregistered securities like literally every single other ICO did from it's era.

>56523062
>56523066
>56523095
>seething fuddie
They hire these losers to FUD the God Protocols, thats why you see so many of them infest LINK and AVAX threads.
>>56523068
>I haven't looked into ava.
then look into it asap, if you can understand Link you will figure this one out too.
>>56523097
nope, real world asset tokenization is a real thing and the next big thing.
https://www.forbes.com/sites/davidbirch/2023/03/01/larry-fink-says-tokens-are-the-next-generation-for-markets/
>>56523102
must be some sort of shill or bot, OP is 1pbtid and doesnt interact with the thread at all.
>>56523132
they never sold them in the US and never advertised it or shilled it.
and they are special because as I already mentioned they were funded through the NSF grants by the US Government.
the NSF basically created the internet from web 1 to web 3.
Regulators will never go after them.

the avalanche pajeets need their own board

>>56523163
/biz/ is the LINK and AVAX board and in these 2 project lies the future of crypto and the entire world economy.
we are once again ahead of the curve on this.

>>56521202
Doesn't mention chainlink? Interdasting choice...

>>56523095
Depends where you think crypto is going. I believe banks, governments and corps will be using it soon, they wont be using something that is completely decentralized, they will use something they have some sort of control over. They want to use the tech without the risk.

>>56523267
>They want to use the tech
No one wants to "use the tech". All flavors of blockchains and DAGs are the slowest, shittiest form of database imaginable and get completely blown out of the water in terms of speed and efficiency by using SQL databases.

>>56521202
This is peak midwittery. Absolute peak. You should post it on Reddit, you'd get lots of upvotes.

>>56523309
Haha ok then, here's one case.
https://www.tradefinanceglobal.com/posts/imda-navigating-waters-digital-trade-tradetrusts-approach-electronic-bills-of-lading/

>>56523309
Avalanche has Sub Second finality.

>>56523267
crypto will put 95% of governments, banks and corps out of business. i could see corporations possibly using it. government? no way, they will never give up the power to print money. banks? banking with crypto is not as lucrative as it removes the cantillion effect (banks are the ones who benefit most directly from money printing)

Banks absolutely should adopt crypto...for asset management at least it would simply the settlement process by orders of magnitude but i just don't see it happening any time soon.

>>56521202
What about BCH?

NO ONE TALKS ABOUT CRO

>>56522779
When’s the next token dump you fucking faggot? GAYVAX is a known scam and only retards hold it or shill it

>>56522779
>Ava Labs also has the best BD team (look up who John Wu is)
looked him up:
>owns a tiny venture capital firm <25 employees
>graduated from harvard with an MBA (so do 1k+ people every year), probably has MBA on his office door and in his email signature kek
>has no (zero) technical background
>even watched his ted talk where he spends 10 minutes listing off large companies and shilling brave/avalanche, while telling the crowd they need to invest in these
VERY IMPRESSIVE SALES REP YOU HAVE THERE

>>56522851
Yeah chainlink is like the robinhood coin. Banks and large institutions are ALL FOR GIVING SOME FUCKING NORMIE LIKE YOU A CUT. You are a delusional cunt. You’re delusional and a cunt.

>>56523412
Govs will bring out CBDCs,
Banks will be switching over to ISO20022 which will be using crypto.
https://www.bis.org/about/bisih/topics/cbdc/dunbar.htm

>>56523369
>did you hear that Iota has a partnership with Jaguar
>have fun staying poor

That which has been is that which shall be, and that which is done is that which shall be done. And there are no new things under the sun.

>>56523051
You avalanche street shitters do yourselves wrong by your shameless self promotion and trying to co-opt chainlink with your pajeet ass token

I hope you die in a fire

>>56523470
AVAX is hardcapped and most AVAX will be staked in Subnets.
every business logic in the world will run on a Subnet and you are worried about some tiny unlock kek.
>>56523480
Enter John Wu the President of Ava Labs.
>hardboiled Cornell Mafia and Harvard Business School Master of Business Administration confirmed IQ of 196
>ran Tiger Capital in the 90s dot-com bubble making tons of money on Macro, currencies/FX, and derivatives
>managed Kingdon Capital ($5 billion AUM) and was a Top P&L contributor across Technology, Media, Telecom, and FinTech
>Led venture round for BillMeLater which was later acquired by ebay for over $1B
>first to built the Digital Assets business enabling compliant token trading of private shares and funds
>Executed the first-ever trade of digital securities
>is known for his impeccable appearance and performance everywhere on Wallstreet
>absolute beast at networking knows everyone whos important in the tradfi biz
>got huge customers for Ava Labs like Deloitte, Mastercard, KKR, Wellington Management, Cumberland, T RowePrice etc. hundreds of them, he pitches them daily
>runs Sureview Capital, a Blackstone seeded technology investment firm
>has his own team of Business Development Experts shilling Avalanche, Blockchains and DeFi aka "OnFi" to tradfi 24/7 worldwide
>believes in taking care of himself, a balanced diet and a rigorous exercise routine

>>56523486
>Banks and large institutions are ALL FOR GIVING SOME FUCKING NORMIE LIKE YOU A CUT.
yes because they have to pay for the oracle services or for their Subnet.
With Smart Contracts and Subnets their entire business becomes so efficient that paying some oracles isnt a big deal.
>>56523540
keep seething FUDcuck

>every tokenized real world asset (a market the size of $800 trillion and up to 68 trillion by 2030) needs all kinds of Data feeds and oracle services to function and these services arent coming for free

This shits not true, sad to think there's people who actually think this is real

>>56523593
>This shits not true
it is true. al lof it.

Source:
https://www.forbes.com/sites/davidbirch/2023/03/01/larry-fink-says-tokens-are-the-next-generation-for-markets/
https://www.coindesk.com/business/2023/04/27/tokenization-is-the-killer-app-for-tradfi-jpmorgan/
https://cryptonews.com/news/bank-of-america-forecasts-transformative-role-of-tokenization-finance.htm
https://www.forbes.com/sites/emilymason/2021/06/21/morgan-stanley-co-leads-48-million-investment-to-bring-blockchain-to-capital-markets/
https://www.weforum.org/events/world-economic-forum-annual-meeting-2023/sessions/tokenized-economies-coming-alive
https://www2.deloitte.com/content/dam/Deloitte/nl/Documents/risk/deloitte-nl-risk-tokenization-paper-final.pdf
https://www.ey.com/en_us/webcasts/2023/03/how-tokenization-will-transform-financial-services
https://www.pwchk.com/en/press-room/press-releases/pr-050723.html
https://www.prnewswire.com/news-releases/kpmg-study-finds-digital-tokens-are-transforming-the-way-consumers-interact-with-each-other-and-businesses-300925211.html
https://fintechmagazine.com/company-reports/how-fidelity-brings-digital-assets-to-institutional-clients

>>56523623
Real estate, precious metals, stocks already are traded why do they need to be tokenized and added to a blockchain and the idea that you can then store those things is fanciful because possession is 9/10ths of the law. This is as bad s the NFT delusion. Sell your chainlink you fool and buy BTC

>>56523577
This literally reads like a fucking faggot wrote it. What is wrong with you?
>hard boiled Cornell
Lady, just shut the fuck up all ready. You sound desperate and gay.

>>56523577
>fudcuck
>writes multiple paragraphs defending his bags
LMAO nigga u the cuck, slurp turk cum more

>>56523663
>why do they need to be tokenized
you can read all about it here >>56523623
The benefits from Asset tokenization and triple entry accounting are massive.
>>56523677
>>56523693
>more homosexual fuddies projecting
fudcucks lmao

>>56523726
>gm ser pls buy my roach bags
>me no promise to shit in street, I work very hard to defend avalanche
LOL LMAO cuck get a real job

>>56523770
seethe more streetshitter

>>56523785
>11pbti defending a scam
lol street shitter is mad, cope and seethe turdie thirdie

>>56523790
> a scam
its not a scam fuddie.
learn to read gud

>>56523577
>hardboiled Cornell Mafia and Harvard Business School Master of Business Administration
this is meaningless fanboyism, attending college is not some secret club
>confirmed IQ of 196
post a link, if it was true he would be on lists of the highest IQ people in the world which he is not. many on these lists have below 196 IQ's
>ran tiger capital
can only confirm he worked there, per his own bio its where he started. not "ran"
>managed kingdom capital
must not have managed it well, best i can tell is theyve got 1bil AUM now LOL
>led venture for a small company bought by ebay
we get it, he's a VC adding value kek
>first to built the Digital Assets business enabling compliant token trading of private shares and funds
citation needed
>Executed the first-ever trade of digital securities
wrong, 1969 with instinet
>runs Sureview Capital, a Blackstone seeded technology investment firm
yes the small venture capital company that that invests money into risky assets that blackstone cant. they have hundreds of these. blackstone is big ill give you that, but their not even in the top 30 for asset managers by AUM.
the rest of your points are dickridding simp non-sense
ILL SAY IT AGAIN THATS A DAMN FINE SALES REP YOU GOT THERE SENPAI

>>56523926
>brainlet trying so hard to discredit based John Wu
you need to try harder tho.

lol street shitter is still here defending avax

>actual streetshitter is still here trying to FUD

>>56521202
XMR and FTM are at least somewhat legit.
Most of the rest are either proven scams,
kept alive only by insane shilling campaigns,
or globalist death coins

is this really how this board works?
is it just just inception shilling back and forth all day long?

>>56522424
this is unironically what i was thinking for the next bullrun.

>>56524711
Checked im all in on frogchain, ticker: deeznutz

>>56523663
Same reason we have paper PMs. Much easier to trade than physical items. You can send a gold token across the world instantly rather than waiting for the postal service to deliver it, also less likely for it to get "lost" in transit. As long as it's regulated and audited its not a problem.

>>56522779
>>56522851
>>56523051
>>56523154
>>56523191
>>56523577
>>56523623
>>56523726
only good posts ITT

>>56521202
Check Wmc, the first erc20 token ever deployed

>>56521202
Nice list of Scam/Dubious alt list, but I think I'll go for CYMI which is new and has a working product

>>56523066
Who is BOFA?

>>56528625
Isn't this the project that's offering zero charges on all transactions done with its card?

Adabros...

>>56528691
Bank of America

>>56531298
bofa deez nutz