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/biz/ - Business & Finance

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File: 54 KB, 828x1030, btc.jpg [View same] [iqdb] [saucenao] [google]
18290352 No.18290352 [Reply] [Original]

>How it feels to get paid in BTC.

>> No.18290368

>>18290352
Masterfully done. Whatever they slip under the glass to turn it upright will be covered in ketchup.

>> No.18290377
File: 63 KB, 700x700, kll.jpg [View same] [iqdb] [saucenao] [google]
18290377

>>18290352
>Be billionaire
>ask billionaire friend to loan me $500 million for a new hotel I'm building
>He sends me 70,000 bitcoins
>Ask him what the fuck am I going to do with this. Who is going to buy this amount and why the hell you hassle me with finding buyers. this shit could crash 10% the next day for all I know!
>he says the transaction fee was $.40 instead of $5 for a wire transfer
>mfw

>> No.18290394

>>18290368
They can just wipe the ketchup up first, but it is still a royal pain in the ass. Until crypto transfers are near free and instant, and without a central third party like lightning network (a chain is only as strong as its weakest link), it is forever going to be a pain in the ass. Crypto needs to do one thing and do it well, and quite frankly it isn't.

>> No.18290407
File: 22 KB, 248x189, topkek.jpg [View same] [iqdb] [saucenao] [google]
18290407

>>18290377
fucking top kek, checked and green too

>> No.18290501

>>18290377
god tier

>> No.18290560
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18290560

>>18290377
but dude it's the future of money

>> No.18290588

Crypto will never take off as long as it needs to be exchanged for traditional currency to spend. BTC is not fast enough to use a day to day currency, and lightning network is centralized and prone to lost funds, as well as liquidity issues. Until we can easily exchange value as fast as a visa transaction it will forever remain a store of value, at best. The cryptocurrency as a currency problem has not yet been solved.

>> No.18290594

>>18290588
If it can be solved however, we can likely expect value from BTC to be siphoned off. Potentially alarmingly fast. This will be the true flippening.

>> No.18290647

>>18290394
you literally just described nano, but yeah cool.

>> No.18290654

>>18290647
YOU HAVE TO GO BACK

>> No.18290709

>>18290377
>>18290560
>>18290407
>>18290501
imagine larping this badly while being poor. the wire transfer would get flagged and stopped immediately by your bank, then when cleared it will be at least a 50 dollar fee, take 2-3 days, and then it may get flagged on their end, + taxes.

>> No.18290753

>>18290709
Wire transfer wouldn't require excess tax forms and volatility, having to sell and then exchange/withdraw. fucking maxi

>> No.18290839

>>18290753
>I bought
>I sold
Are you simply too retarded to input numbers? That problem is solved for me, you see I'm never selling

>> No.18290917

>>18290709
>at least a 50 dollar fee
Do you hear yourself? A $50 fee on a $500million dollar transfer. That's your version of a selling point.