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/biz/ - Business & Finance

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50139497 No.50139497 [Reply] [Original]

What if big tech companies like Google or Elon Musk take advantage of the crypto crisis and start buying exchanges? Imagine Elon buying Binance or Coinbase. This would take crypto to a new level, a huge leap forward.

>> No.50139526
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50139526

>>50139497
Now imagine big whales wanting to absolutly crater bitcoin to liquidate companies like microstrategy so they can buy them back for pennies.
What do you think about that?

>> No.50139610

name ONE utility of cryptocurrency that would be useful to first world countries.

>> No.50139622

>>50139497
stop sucking elon's dick you fucking cultist

>> No.50140030

>>50139526
i really hopes this happens so fags stop posting that one faggot that doesn't stfu

>> No.50140047

>>50139497
>This would take crypto to a new level, a huge leap forward.

and what is that leap? a different billionaire owns the exchange?

>> No.50140262
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50140262

>>50140047
i don't understand who makes these threads, what good has fatboy Elon EVER done for crypto, or much of anything?

>> No.50140371

>>50139610
Buying weed

>> No.50140419

>>50139610
How does a form of money that will keep its value for hundreds of years sound to you?

>> No.50140453
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50140453

>>50139497
> I have a theory on what could happen next
funny you say that mumu. so do I.

>> No.50140484
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50140484

>>50139497
Elon musk is small potatoes. Eventually banks will have bitcoin options on their mobile apps and at their ATMs. Normies can skip the awkward KYC process in onboarding to an exchange.
But they won’t let you move it to your own wallet on chain. They’ll just sell the same bitcoin to 100 different customers.
Every txn will be off chain. Yes, you can buy ze bugs with bitcoin, but you won’t own any bitcoin.

>> No.50140564
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50140564

>>50139610
You don't know what goes on in first world countries, do you? Everything being bought and sold here is utterly useless and retarded. What makes you think capitalism is just over all of a sudden? It's only going to get worse.

>> No.50140578

>>50140564
Paris bought BTC in 2015, dumb fuck

>> No.50141314

This scam will cave in and all the scum who supported it will burn.

>> No.50141624
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50141624

>>50139610
Intellectual property trading rights.
I know it’s just a receipt for a jpg. But it used to take an international team of legal experts to do what that receipt does now.

>> No.50141635

>>50139526

Why would you want that shitty dying company?

>> No.50141704

>>50141624
is it safe to call snoop an ape now?

>> No.50141804

Elon can't afford binance. CZ is likely the 2nd richest person on the planet outside of royal families

>> No.50141832

>>50139497
you‘re gay, elon