/biz/ - Business & Finance

[Anonymous No.29762810]

Ever tried explaining crypto to a Boomer? How well did that go?

[Anonymous No.29763467]

>>29762810
>Nooooooooooo! You can't buy fake internet money!
>Sergey? Sounds like a Russian plot to drain Americans of their real money!

[Anonymous No.29763860]

He called it the new world order and illuminati, and that I’m investing in my own demise.

[Anonymous No.29763961]

my dad listens to me talk about my investments and gives me a little bit of money when he thinks it sounds good to put into it

i think he just listens and pretends to understand because i finally have a hobby

[Anonymous No.29764124]

>>29763860
based

[Anonymous No.29764297]

>>29762810
next 10x https: discord.gg TnkVJW5p

[Anonymous No.29764331]

>>29762810
My dad is interested, but the only thing he understand is that, crypto make me earn money

[Anonymous No.29764334]

My dad owns some crypto. Probably way more than me. It will be mine some day.

The nocoiner fears the crypto trust fund baby.

[Anonymous No.29764531]

>>29763860
Boomers truly are kikes

[Anonymous No.29764874]

>>29763860
He is probably right. But you can either profit off speculating on your own enslavement, or don't profit and get enslaved anyway.

A 200+ year old tradition of civil liberties was completely and utterly abolished across the entire West inside the span of 6 months because people were scared of the flu. Jeff Bezos, Rothschild, and Satan aren't sitting around a table talking about how they can't execute their plan of 666 microchips and fema camps until anon throws a couple grand of capital into bitcoin.

[Anonymous No.29765457]

If you are able to explain smart contracts to a corporate boomer, he will literally get an instant erection. They will
>throw the concept into a powerpoint along with a remotely plausible application for their logistics or business intelligence
>show it to upper management during a team building weekend
>save themselves thousands of hours of dick sucking, be the coolest boomer for a while and probably get a promotion

[Anonymous No.29765534]

>>29762810
My dads a boomer and he knew about crypto before me. He bought some BTC right before it crashed in 2017 KEK

[Anonymous No.29765750]

>>29765534
I've had an easier time explaining it to boomers then zoomers.

[Anonymous No.29765815]

>>29762810

I told them it's the stock market on crack 24/7

He said I don't understand that shit

[Anonymous No.29765861]

>>29765750
A lot of zoomers I meet have more interest in becoming a YouTuber or Instagram influencer.. not investing.

[Anonymous No.29765984]

>>29762810
Along the lines of ‘I’m not investing in something that has nothing physical backing it’, my dads known about bitcoin since atleast 2012 but never started investing in crypto until last year, he blames his age

[Anonymous No.29766689]

>>29763860
is he browsing here?

[Anonymous No.29766785]

>>29765457
where did you get that impression from?

[Anonymous No.29767180]

I barely understand it myself but I went from mid 4 figure to mid 5 figure in the last 2 months. Wish I got on uniswap sooner.

[Anonymous No.29767254]

>>29763961
wholesome pilled

[Anonymous No.29767307]

>>29765984
>until last year
so he's in big profit. good for him. would be bad if he invested early 2018 and sold at bottom.

[Anonymous No.29767490]

Told my dad to put his money into bitcoin when it was at around 3k summer of last year. Told me to fuck off. Well, who is laughing now old man.

[Anonymous No.29767491]

>>29763860

ngl he's right

[Anonymous No.29767596]

You cant touch it like a real dollar !
It's not real!

[Anonymous No.29767728]

>>29762810
Really well. They explained how blockchain technology could just be copied and used by big corpotations rather than buying tokens on a risky decentralized service. Made me see the errors of my ways and helped me sell it too him on a small 3% premium. Can't believe I fell for the whole "The Institutions will buy your tokens" shite.

Thank you boomer.

[Anonymous No.29767876]

>>29762810
I have yet to meet someone who can conceptualize that fiat is just as meaningless as crypto. They have already made their mind up before I say that computational work enables trustless interactions. Their eyes glaze over if I mention that banks will invariably try to enrich themselves at your expense via fraud and a public ledger prevents that (sans a quantum computer). They couldn't give les of a fuck about a government's ability to freeze your assets and they couldn't give less of a fuck what I know. It would be like trying to explain diet and exercise to a normie. I've known that doesn't work for over a decade. Even if you make it and they ask, they're still just looking for easy gains.

If you're looking for advice, please heed mine. Do not ever try to explain something technical to someone who hasn't verified their commitment. You are wasting your time even if you like them. Do not tell people the extent to which you benefit from knowledge (how many lbs of muscle you gain, how many lbs of fat you lose, how much money you gain, how many girls you fuck) nor how much effort and sacrifice you make (how many hours of sleep lost, how many failed projects, how much blood sweat & tears, how many hours/wk you work). Unless you are blessed with someone who went though it with you, you are entirely alone in your suffering and success. People are there to enjoy their company and anything else is a fucking illusion of hormones, smoke, and mirrors.

[Anonymous No.29769512]

>mentioned putting some of my income into Bitcoin to my family at dinner (I actually meant Link but I kept it simple)
>my Mum says she wouldn't trust it because it isn't regulated or controlled by the government

[Anonymous No.29770083]

>>29769512
I hate normies. Why do they blindly believ the government? Like they haven’t fucked people over in the past.

[Anonymous No.29770174]

My boomer coworker is actually into it and he bought eth around 700 usd, he's based

[Anonymous No.29770517]

>>29762810
my mom bought 500 polkadots in december
i mean i kyc'd her on binance, bought and staked, she asks me like every week how is her investment doing.
She probably gained more than me because my wallet is DOT free.

[Anonymous No.29770637]

>>29766785
from actually explaining it during tax deductible business lunches with suppliers.. it isn't a hard concept to grasp for any non-retarded mid level corporate suit
afaik they just end up presenting the technology along with some example applications, maybe promising a future limited implementation, and that's usually all I hear about it afterwards..
ironically some of them even realize there's a need for decentralized oracles by themselves

[Anonymous No.29770652]

>>29767728
How is a corp gonna copy my fucking chainlink network??

[Anonymous No.29770842]

>>29762810
he thinks that its stocks, and he likes seing the little candles go ip and down.
btw all the crypto i have is in his name, would it cause problems woth inheritance?

[Anonymous No.29770939]

>>29762810
I'm not a boomer and i don't believe in it's a store of value... Maybe I'm retarded but i don't really see how anyone can claim it does have intrinsic value, or at least more than fiat since it is also fiat and not money.

[Anonymous No.29771144]

>>29762810
i explained it to my mom and she's surprisingly supportive of me investing. She is now begging me to teach her how to invest, but I told her that I don't want her to lose her money

[Anonymous No.29771954]

>>29762810
But it's not like the dollar which is backed by gold!
Actual quote.

[Anonymous No.29773725]

>>29765984
This logic is HILARIOUS. I wont invest in a decentralized digital asset because its its not backed by anything, but I will totally invest in a (((security))) that is completely under the control of bankers and jewish wizards, who definitely dont just change the rules when it benefits them. Boomers are fucking retarded and the world will be better off when they die

[Anonymous No.29773866]

>>29770939
Owning a governance token or ethereum actually has utility and value. Every transaction needs eth, and every day people are taking out defi loans using smart contracts. So yea there is definitely value.