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/biz/ - Business & Finance

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10880969 No.10880969 [Reply] [Original]

Omg just got absolutely BTFO by square

>> No.10881020

square can use OMG!

>> No.10881032

>>10880969
AHAHAHAHAHAHHHAHAHAH niggas got jungle gookd.

SOON.....am i right? keep waiting fags

>> No.10881069

>>10881020
Why would they what the fuck? I never understood why people holding this would think visa or w/e would want to use it rather than build their own when they have millions-billions.

>> No.10881077
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10881077

sir pls buy coin, thx

>> No.10881107

Wtf is square boyos

>> No.10881111
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10881111

>>10880969
NEVER trust an asian with crossed arms

>> No.10881140

>>10881111
fuckin check them

>> No.10881184

>>10881069
Because it would cost almost nothing to plug into the network, and you'd have all the benefits - like decentralisation

>> No.10881202

>off chain transactions that eventually get settled on chain
Yeah fuck off OP this Square shit is nothing impressive

>> No.10881229

>>10881069
You're thinking about it the wrong way. You can't "compete" with the internet by building another.

If you're too slow to create the network, you're going to lose out on the first mover advantage. You're no longer competing with a product, you're competing with the existence of a permissionless network that has a lot of liquidity and people actually give a shit about it

>> No.10881256

>>10881184
Payment processors are probably not gonna use the OMG network, but for businesses it would be a good opportunity reduce the fees

>> No.10881264

>>10881229
>If you're too slow to create the network
>invest in OMG

choose one

>> No.10881273

>>10881256
Payment processors are largely obsoleted by OMG

>> No.10881283

>>10881264
>ride the wave up
>or don't
Pick one

>> No.10881333

>Not holding omg as we enter the golden year of crypto

Tehehehehe

>> No.10881346

>>10881273
Yes but they can spend have hundred of millions to catch up. Who knows, maybe they started working on a blockchain solution for years and they will soon use it. It won't be as decentralized as OMG but it may be as/more efficient

>> No.10881348

>>10881333
I bought 150 of these guys at $18

how fucked am I?

>> No.10881368

>>10881229
>You can't "compete" with the internet by building another.
I like your thinking