/biz/ - Business & Finance

[Anonymous No.51071873]

Biden set to forgive U.S. student loans partially. Would stock & crypto get a ride? We have the numbers pretty much from Germany, UK, Turkey & China and they are not looking good. Would Biden’s loan payment gets to ease the market or just a news without any effect?

[Anonymous No.51071952]

>>51071873
It would be the final nail in the proverbial economical coffin

[Anonymous No.51072013]

>>51071873
Students loans would be wiped off finally?
Don't trust this dude, he's Just tryna score cheap points

[Anonymous No.51072026]

>>51071873
Tf would that cause a stir in the market kek.
Nah, the market been wedging af

[Anonymous No.51072030]

Is it too late to take out as many student loans as possible??

[Anonymous No.51072036]

>>51071952
With the inflation, recession and shit, you might be right

>>51072013
Never trust any of these selfish "leaders"

Just curious about what it would mean for all of us.

[Anonymous No.51072120]

>>51072036
Well at least less monies to the bank cefi

[Anonymous No.51072143]

>>51071873
CNBC actually had a poll for this, kek. 59% of Americans are concerned that forgiving student loans would make inflation worse.

[Anonymous No.51072174]

>>51072120
As if we aren't already in an economic crises.
>>51072143
Of course. This definitely isn't the time for decisions that would dump the whole economy. We're already in the trenches. Crypto, stocks, everything has been down and volatile.

[Anonymous No.51072202]

>>51072143
Let's not forget that despite that, at least 32% have wanted all loans forgiven and 34% only want loans for those in need forgiven. Looking at statistics, that's still a lot of monetary loss

[Anonymous No.51072218]

>>51072202
>he thinks money means anything

Anon

[Anonymous No.51072223]

>>51072143
Ive got a coworker telling me they are using their student loans to go on vacation to europe.
Next itll be reparations for more irresponsible people.

[Anonymous No.51072228]

>>51071873
relax, anon. It's still unclear whether he will extend the student loan freeze or cancel SOME debt per borrower.

[Anonymous No.51072250]

>>51072202
Agreed. That's still a large sum

>>51072223
Where is your coworker getting his information from

>>51072228
The "some" debt in question can be up to 50k per each borrower, jeet.

[Anonymous No.51072261]

>>51072228
When will he announce this officially

[Anonymous No.51072263]

>>51071873
Forgiving unpaid student loans doesn't do shit. Would make more sense to pay everyone back for paying off student loan. The money injected into the retail economy would be a catalyst.

[Anonymous No.51072349]

>>51072263
You sound like an economist... paying them back will be better.

[Anonymous No.51072361]

>>51072250
50k a person is noway some debt, that's a whole lot of debt.

[Anonymous No.51072392]

>>51072261
He's supposed to make a decision today but we'll see.

[Anonymous No.51072424]

>>51072261
>>51072392
He said end of August. That's when he'll announce his final decision

>>51072361
Precisely.

[Anonymous No.51072441]

>>51072250
>>51072361
He reportedly settled at 10k off from each borrowed but this isn't officially confirmed.

[Anonymous No.51072454]

>>51071873
>Biden set to forgive U.S. student loans partially.
I love how easily these people fool you retards again and again. Watch biden do nothing to "forgive" your moronic loans for gender studies.

[Anonymous No.51072481]

>>51072361
>>51072392
>>51072424
>>51072441
Honestly, 50k or 10k, today or the end of August. Either way, announcing the clearance of student debts at a time of economic uncertainty is widely inappropriate. The inflation rate has literally reached a forty year high end and the economy has been shrinking for two consistent quarters - an indication of recession. We need a back up plan for when or if this sinks the markets again

[Anonymous No.51072696]

>>51072481
Debt forgiveness is deflatory tho.
Money is debt and "forgiving debt" is essentially a token burn.

[Anonymous No.51072710]

>>51072481
We are in a recession, xiden pulled a a Fauci and rewrote the definition

[Anonymous No.51072762]

>>51072696
10 million student loan borrowers getting $10,000 forgiven would "free up" 100 billion of debt that would then be used as down payments on property, car, and stock purchases. If you actually think it's deflationary, then you are an absolute moron.

[Anonymous No.51072781]

>>51072013
>"It's only been 2 years, but we are gonna wipe out student loans (partial) this year if we win congress!"
Bidet is stealing from the Trumpet playbook kek. The guy who made student loans into federally assured loans isn't going to forgive them.

[Anonymous No.51072824]

>>51072762
Libtard logic

[Anonymous No.51072835]

>>51072441
10k is still a way high.
>>51072481
they really should have a plan for this.

[Anonymous No.51072851]

>>51072349
Also, not to sound like a republican, but this whole thing sounds extremely inflationary, and it would honestly benefit more Americans that don't even need the relief than those that do.

[Anonymous No.51072882]

>>51072710
Kek. True. What are the plans or strategies to be safe during this recession

[Anonymous No.51072896]

>>51072696
this is stupid. the reason the students want the debt cancelled is they aren't worth paying in the first place. if they had actually been capable of sufficient earning power, they wouldn't even blink at their loan repayments.
a tiny reduction in the principal for only some students is not going to change the fact that they'll continue to make minimum payments, sometime in the future, for the rest of the life of the loan. it's not going to change the fact that interest will accrue at the maximum possible velocity. it's just a temporary improvement in their cash flow, which they will spend elsewhere.

[Anonymous No.51072937]

>poor unemployed fags forever making minimum payments on $50,000 student loans debt (never touching the principle, just the interest)
>Bidet announces all loans will be forgiven!
>forgets to mention that forgiven loans are treated as income
>8 months later, IRS is demanding $10,000+ right the fuck now for taxes
>58% of student loanies (who are we kidding it's 100%) have no savings let alone a job
>now owe backtaxes to IRS forever, to be hounded every year by Bidet's new 89,000 IRS goons
Maybe don't wish on a monkey paw for good fortune, eh?

[Anonymous No.51072964]

>>51071873
Lol 10k in student loans after cost of rent, food, energy, health insurance did a 3x in less than a year and still rising. Thanks bro!! You sure pulled all of the retarded grad students out of their paycheck to paycheck existence with that one

[Anonymous No.51072971]

>>51072882
Honestly, just sticking to assets unaffected by the volatility of the market. Stablecoins like USDC, 1 to 1 backed. I stake them on middlewares like Spool Fi. There are other options like bEarn Fi but the former is audited

[Anonymous No.51072988]

>>51072824
It’s not libtard logic. If you give idiots free money, they will use that money to buy goods. Less goods on shelf, more dollars = inflation

[Anonymous No.51072997]

>>51072964
A lot of the benefits would go to higher earning Americans. If it's just those in need, it would make sense. But everyone being exempt from their debt is inflationary as fuck.

>>51072971
What's the returns like

[Anonymous No.51073022]

>>51072988
I think anon was commiserating with me about the post I responded to.

[Anonymous No.51073043]

>>51072896
It all depends on what mechanism of debt forgiveness would be used (if any).
Back in the days of emperors "forgiving" subjects' debt, it literally vanished, leaving financial institutions and lenders with a thumb up their arse, as it should be. If biden compensates them with newly printed dollars, it's inflationary, and if he compensates them with tax collected dollars it's essentially a net zero.
Consumer spending doesn't drive inflation, raw resources / energy prices and financial institutions do.
>muh supply and demand
No.

[Anonymous No.51073067]

>>51072988
basically. More money supply by Feds, through OMO, especially if it's faster than the rate of production could lead to more inflation.

[Anonymous No.51073119]

>>51072997
Most “high earners” are also shit with money but instead of pissing away their money on scratch tickets and having too many kids, they piss it away on leasing overpriced inner city apartments, travel, divorce, and eating out.

Most Americans are dumb as fuck with their money. I really do hope I live long enough to see what happens to everyone come retirement age. It will be really interesting

[Anonymous No.51073156]

>>51072882
For us in the crypto space, embracing the use of stablecoins more as well as yield generators will be a way to scale this recession.

[Anonymous No.51073172]

>>51072882
For us in the crypto space, embracing the use of stablecoins more as well as yield generators will be a way to scale this recession.

[Anonymous No.51073219]

>>51071873
How has printing more money ever helped? Did you stop to ask yourself where the money would come from?

[Anonymous No.51073264]

>>51072824
just curious, what is your rebuttal?

[Anonymous No.51073288]

>>51072392
I honestly do not see any effects this announcement would bring to the market situation. It's still going to remain as volatile as it is already.

[Anonymous No.51073324]

>>51072696
This money (which they don't even have) will be spent elsewhere. Don't you get it?

[Anonymous No.51073346]

>>51073119
So basically you want people to do nothing of enjoyment in life but instead stay home and conserve money? I don't understand this boomer logic.

High earners are shelling out ridiculous rent because that's where they found work. At least pre covid moreso when there was a lot less flexibility for remote work. But it's starting to trend back that way. Boomers got to pay $100k for a house that is now worth over $1M and wages sure as shit have not 10x'd in that time span. This era fucking sucks. The only reason a lot of us went to crypto in the first place is because its the only way to get ahead and it looks like that window is closing quickly. So we'll all work until 70 and then die 6 months into retirement.

[Anonymous No.51073413]

>>51072937
based analysis desu

[Anonymous No.51073415]

>>51072882
>What are the plans or strategies to be safe during this recession
Don't be too greedy else you become exit liquidity for other investors, pick up a safer form of investment like saving in stables if fiat don't do the job for you.

[Anonymous No.51073485]

>>51073346
>The only reason a lot of us went to crypto in the first place is because its the only way to get ahead
It's even as profitable/safe as before except you stick to investment patterns like yield farming of stables on authentic protocols.

[Anonymous No.51073527]

I'm a principled conservative, with $40k in student debt, and if you gave me the option to make the choice to cancel $10k in loans for the country I would say no, but I'm not saying I'm mad if Brandon does it

[Anonymous No.51073545]

>>51072696
Token burn? I don't think so it's more like printing money to cover the debts.

[Anonymous No.51073622]

>>51071873
>Jerome, warm up the printers.

[Anonymous No.51073638]

>>51072971
The thing now is security, Spool seems to be fine on this edge, just that not many DeFi tools have this security stuff figured out as they do.

[Anonymous No.51073840]

>>51073485
Farming stables is a means to earn passive income too, but farming alts like RIDE and POSI are my go-to gems but staking JUNO on Disperze validators amongst others on Keplr inter-chain wallet.

[Anonymous No.51073917]

>>51072263
yeah forgiving existing loans isn't printing more money, right?

[Anonymous No.51074000]

>>51072228

President Biden to freeze student-loan repayments for another four months.

[Anonymous No.51074032]

>>51071873
I frankly don't give a shit about student loan forgiving. We waste money on way worse shit so who cares.

[Anonymous No.51074038]

>>51072261
>>51072263
>>51072349
>>51072424
>>51072696
>>51072964
>>Dude just extended it for just 4 months

[Anonymous No.51074078]

>>51073485
Authentic protocols?
I got burnt from Celsius, what more again

[Anonymous No.51074198]

>>51072481
>Diverting resources away from servicing dead-end, unproductive, non-business-related debt during a time of economic uncertainty is widely inappropriate.
How the fuck do you figure? I'd argue the exact opposite to be the case - that lavish aggregate expenditure on debts owed for nothing but the services of a bunch of make-work university administrators is a *luxury* that a troubled economy is hard-pressed to be able to justify.

[Anonymous No.51074265]

>>51073840
Farming alts might sound interesting except in situations where you don"t know where the yield comes from, i would rather focus on projects which offer real yields like DYDX and SPOOL.

[Anonymous No.51074276]

>>51072762
>>51073324
No one has been making payments on federal student loans since 2020. The inflation happens when people take the loans out. The inflation is priced in. Getting rid of interest accrual is deflationary since interest is literally made up and comes from no where once you print the money for the loan out of thin air.

[Anonymous No.51074328]

>>51074078
>>51074078
More than a yield protocol, will be a middleware which is safe and combines several yield generators together, so as to provide the best yields.
>>51074265
what's the returns like with DYDX? with Spool, I know users choose their risks and returns.

[Anonymous No.51074454]

>>51073527
This is how I would feel if I still had loans but I just paid off 70k in loans last year. I guess bragging rights are my only reward for doing the right thing.

[Anonymous No.51074648]

>>51074328
The interest vary based on the platform for DYDX, on binance the DYDX/USDT pair has a return of 10%.

[Anonymous No.51074745]

>>51074454
imagine paying off loans when interest rates are 0. cope and seethe you fucking dumbass. youre literally more retarded than when you took out the loans

[Anonymous No.51074857]

>>51074454
You could have put money in pretty much anything 2020/21 besides paying your loans off and made dumb gains to later paid said loan off. If you afford to service your debt indefinitely it often doesn’t make sense to pay down low interest debt over putting that money into the market.

[Anonymous No.51074859]

>>51074648
10% is still cool, if its safe... how about the volatility attached to alts, or they allow stables as well?

[Anonymous No.51074954]

>>51071873
>>51074454
>>51074276
>>51074198
>>51074032
>>51074000
>>51073917
>>51073527

Sometimes I think to myself "Taxes aren't that bad, I need to contribute to society"

But then I remember all taxation is theft. And they are actively encouraging irresponsible societal behavior.

>Paying for some dipshit's college booze money

[Anonymous No.51074980]

>>51074954

[Anonymous No.51074999]

>>51074857
pretty much what I did, as soon as they put a hold on payments I didn't put a goddamn penny into it because I knew I would feel like an asshole if they were forgiven after I have finished paying, I've got $3600 worth of it left anyway, I got it to that point the 4 years leading up to 2020

[Anonymous No.51075008]

>>51071873
already priced in. anyone who was intelligent took out massive loans after biden won just to see if he'll forgive them and then they promptly threw it into meme stocks.

[Anonymous No.51075064]

>>51071873

Election year bait for normies.

[Anonymous No.51075403]

>>51074954
>Paying for some dipshit's college booze money
They're not spending $40k+/yr on bottom-shelf liquor and pissbeer you dumb mook. Bankers are forking over money to university administrators to blow on their own salaries and make-work bullshit for armies of busybody leeches, and kids are getting pledged into debt slavery to ensure that financiers and boomers get their own cut from the scam. When times are tough economically, the last thing that makes sense to do is committing the limited resources of young consumers to the waste of protecting the ROI of a minority of parasites.

[Anonymous No.51075774]

What if I paid off all my loans, I get a free check?

[Anonymous No.51075830]

I doubt there would be any real world impact of 10k forgiveness near term because no one is actually making payments currently so it isn't relieving anything. Most people's payments will have a reduction once payments start again but that's it.

[Anonymous No.51076271]

>>51075064>>51074954
My thoughts Chad
>>51074648
Wouldn't drive that route when I can have stake Stablecoins in spool

[Anonymous No.51076333]

>>51075774
Nothing. Just the chads smiling at the bank
>>51074859
This seems to be more safer I guess. Safety is primary at this material time

[Anonymous No.51076353]

>>51074454
>doing the right thing
They are right you all are cattle

[Anonymous No.51076552]

>>51073545
So inflation worsens?

[Anonymous No.51076557]

whats the circled thing?

[Anonymous No.51076646]

>>51074078
Celsius is a CEX and I'm not a fan of CEXs; I prefer that my funds should interact solely with smart contracts.

[Anonymous No.51076670]

>>51071873
10k is so negligible that it won't matter, at all.
Anyone saying otherwise is a poor nigger.

[Anonymous No.51076732]

>>51072896
Why the fuck do student loans keep growing, how is that legal?

[Anonymous No.51076813]

>>51071873
Who knows how rigged market will react. Wiping off debt isn’t anything like getting a check and additional money, so I doubt crypto will react to it at all.

[Anonymous No.51076814]

>>51072937
Why do people insist that any time the government gives out stimuluses or some sort of sweeping assistance that they’ll have to pay taxes on it? That’s not true. A 3rd party paying off a debt for you isn’t income you cock smoker. There are charities paying people’s hospital bills—show me one example of someone getting hit with a tax bill for it, I’ll wait.

[Anonymous No.51076823]

>>51075830
This

[Anonymous No.51076857]

>>51076552
The ride just got started and if you're smart, exit the market into stables and stake to avoid getting rekt

[Anonymous No.51076873]

>suspends the need to pay down federally backed debt to private providers
>interest doesn’t build but they hope people will pay down principal to curb the debt crisis
>doesn’t happen
>lenders waiting around for years for people to pay them; doesn’t happen
>administration essentially paying off the predatory interest balance on loans

Literally only doing it to print money and give it to corporations and people act like this is an act of charity

[Anonymous No.51076880]

>>51075830
>Most people's payments will have a reduction once payments start again but that's it.
Akshually, they won't. The standard repayment plan is 10 years but everybody who owes a really fat stack can't afford that, so they pay a portion of their salary through the Income Based Repayment Plan and then it gets written off after 25 years. For how many such people will a $10k drop push the stack down enough that the standard repayment plan is affordable? This is a marginal case. Almost everybody with a fat stack will still just be paying the same amount under income based repayment that they were before. It's a joke.

[Anonymous No.51077027]

>>51072174
>everything has been down and volatile.
Beat the volatility faggots. You can't have non-custodial middlewares for staking like Spool and still complain about volatility.

[Anonymous No.51077341]

>>51076552
Exactly! The worse is about to come imo. I wonder how nonchalant the government can be.

[Anonymous No.51077356]

>>51076646
Celsius and Anchor has taught us all the mighty lessons, no way anyone is keeping funds on CEX anymore.

[Anonymous No.51077432]

Why would it pump the market brainlet???? Most people havent been paying on their student debt for 2 fucking years now.

[Anonymous No.51078422]

>>51077356
The adoption of these decentralized yield protocols is on a rising trend and I know platforms like Spool are even doing a lot to increase interaction between Defi and TradFi.

[Anonymous No.51079472]

>>51078422
The major attention right now is non-custodial platforms and I totally understand why.

[Anonymous No.51079726]

>>51076732
The fuck are you saying? Aren't loans meant to be paid back with interests.

[Anonymous No.51079831]

>>51072824

[Anonymous No.51080048]

>>51079472
Nobody wants a hack on a central wallet to fuck them over. I see staking on CEX phasing out of trend in the near future.

[Anonymous No.51080231]

>>51078422
Is this a new yield protocol?

[Anonymous No.51080303]

>>51071873
Can I take out some student loans right now before it happens ?

[Anonymous No.51080346]

>>51079726
They are. Biden is attempting to bribe people into voting for him.

[Anonymous No.51080646]

>>51080231
It's a Defi middleware connected to an array of yield protocols.

[Anonymous No.51080927]

>>51080646
So just a connecting medium between investors and yield protocols?

[Anonymous No.51081054]

>>51080927
More like a super router; investors choose their risk models and appetite and their funds get routed to the best protocols that suit their choices.

[Anonymous No.51081080]

>>51071873
Forgiving student loans is like giving 10-20 stimmies to anyone with loans. Literally helicopter money. Yes, the rip will be insane and inflation will skyrocket.

[Anonymous No.51081803]

>>51076333
I still count a completely decentralized tool like Spool, which is a smart contract to be safer than any CEX available, and that's simple for me.
>>51076646
I only use CEX when needed, else DEXs and smart contracts are cool with me.

[Anonymous No.51081840]

>>51072762
yes because all those 10 million people were literally just about to make $10k payments on their loans for the first time ever

[Anonymous No.51081884]

>>51073264
you have a student loan for $100k. your payments are $1000 a month. joe biden takes $10k off your debt, your payments are now $900.

nobody is suddenly walking around with a free $10,000 wad burning holes in their pockets, they just have a small amount of extra money each month.

could this increase inflation? probably a negligible amount, but it definitely wont affect most major sectors of the economy like real estate, cars etc

[Anonymous No.51082115]

Syscon's anticipated Vilidium will offer speeds of up to four million transactions per second and truly do away with the perceived limitations on blockchain technology.

[Anonymous No.51082120]

>>51077356
Anyone choosing CEX over a completely DeFi tool , is yet to understand what possibilities it provides.

[Anonymous No.51082139]

>>51080231
It's not new per say, but properly effective.

[Anonymous No.51082252]

>>51081803
You don't share this sentiment alone as the TVR on the platform is currently around $37M; it shows there's a lot of adoption by users.

[Anonymous No.51082348]

>>51076670
>10k is so negligible that it won't matter, at all.
>Anyone saying otherwise is a poor nigger.

[Anonymous No.51082367]

This doesn't make sense to me at all. Inflation is already bad and now Biden not only wants to print more money but give people more money to increase inflation. This is such a stupid idea it is unbelievable.

[Anonymous No.51082380]

>>51071873
these students owe their debt to banks
these students are retards and will never pay it
he's bailing out banks
(and buying votes of course)

[Anonymous No.51082409]

>>51072202
>need based
>lawyers and doctors first because of the size of their loans

[Anonymous No.51082435]

>>51082367
>>51082348
>>51082252
>>51082139
>>51082120
$200/hour method

Register a new account at bit dot ly/3zCzQf6 enable 2FA, link your payout account (you can receive via BTC), grab the link at the side of "Home Page: Females", under link codes tab
Create an account at proxiware dot com and purchase a $22.50 proxy package and bind your IP to your proxiware account
Create an account at bit dot ly/reCaptchaSolver and fund your account with at least $5 and grape your API key
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Download the register bot from https://mega.nz/file/5BdxlJzA#vRjELmSKvi88kltDmkcSVYT4tTf28EGtUToGFYSKlzI run the Auto Register Bot.exe file, choose the language (en or ru), fill the API key of the captcha solver, put your affiliate link from Home Page Females, choose the text file of proxiware proxy list, choose how many threads you wanna run (4 or more recommended for faster earnings)
Hit start and watch your earnings increasing
Proof of payment: i.ibb dot co/jMxxRQ5/Screenshot-2021-10-20-at-13-18-04.jpg

[Anonymous No.51082488]

>>51082435
>StealTelegramSession

[Anonymous No.51082511]

>>51077432
Lots of pajeets here have no idea whatsoever about what this means for the american economy, all they care about is to see the market pump,

[Anonymous No.51082545]

>>51076646
With the rising demand for security, you should actually place priority on privacy protocols enabled for users when interacting with smart contracts.

[Anonymous No.51082564]

>>51076732
Isn't everything absolutely fucked up in this economy

[Anonymous No.51082582]

>>51077356
The ultimate reasonable thing to do is maintaining private balances through on-chain privacy systems that has been integrated with DEXes or DEX aggregators such as Railgun did with Matcha.

[Anonymous No.51082617]

>>51079472
Overtime, it'll become a standard- Trustless, permissionless, non-custodial privacy enabling platforms. Definitely going to be a big plus if no bridge is involved as there is a level of custodial risk associated with it.

[Anonymous No.51082938]

>>51082435
This stuff drives me nuts when I'm too stoned for this website. I see threads like this play out and it seems like a bunch of bots but then I looked up the link to this and found a paste link text file with what seems like fairly detailed instructions to something I think would actually work to scam some affiliate program with bots. I don't know what's real anymore and the internet freaks me out all the time but boy was that interesting. I'm not clicking on any of the links because stealcreditcardinfo.exe is going to run.

[Anonymous No.51082986]

>>51072762
liquidity is king nigger shut the fuck up

[Anonymous No.51083378]

>>51082120
Actually, I won't stop at just using a DeFi tool. It's got to enable privacy. It's a big plus that privacy protocols that has the function to integrate with DeFi dApps are up in performance

[Anonymous No.51083783]

>>51082252
That's a lot of money. Owners are definitely smiling to the bank.

[Anonymous No.51083876]

I need some gems

[Anonymous No.51084837]

>>51082938
if you had a secret way to make $200 an hour that you knew wouldnt last forever, would you post about it on 4chan for some reason? id personally spend that time making $200 an hour

dont be naive, child

[Anonymous No.51085635]

>>51076552
That's what happens when you print more money,

[Anonymous No.51085709]

>>51074078
That's what happens when you make use of CEXes, you should pay attention to more decentralized tools like spool.

[Anonymous No.51085964]

>>51083378
I mean, it's all about decentralization anon, I wouldn't have imagined scaling through this market without those little yields from spool.

[Anonymous No.51087519]

>>51076732
Because retards keep going into deeper degrees of debt to get ever more worthless college/university degrees
all so they can have an office job that makes them rich while they fuck off all day doing nothing

[Anonymous No.51087528]

>>51071873
the debt relief wont work the way doomsayers and libcucks want.

If you have refinanced your fed loan or a private company bought the debt. then you are fucked. No 10 or 20k dollars.

[Anonymous No.51087774]

>>51071873
That money goes straight to the banks, who gave out the loans. Students in debt dont even get to touch that 10000

[Anonymous No.51087888]

>>51071873
Crypto will get a ride anon, especially now that payment systems nd metaverse are taking over. Wait for it.

[Anonymous No.51087905]

>>51083378
What about payment solutions anon? They are also on defi. CryptoXpress is already building a bank on the metaverse. What do you have to say about that?

[Anonymous No.51088361]

I thought the president do not have the power to forgive student loans? where the fuck is he getting the money from?

[Anonymous No.51088381]

>>51088361
>where the fuck is he getting the money from
you don't know?

[Anonymous No.51088396]

>>51088381
if i knew then i wouldn't ask

[Anonymous No.51088553]

>>51082545
Smart contract get exploited jeet. You should pay attention to payment systems and the innovation they're bringing.

[Anonymous No.51088575]

>>51083783
Metaverse bank, you mean? It's already in play with cryptoxpress. The future is here.

[Anonymous No.51088691]

Why Doesn't Biden Forgive Auto Loans, Credit Card Loans, Payday Loans And Mortgages As Well?

[Anonymous No.51089532]

>>51083783
Yeah, the performances fees from these transactions are decent and those staking the Spool token would having a huge part of it.

[Anonymous No.51089611]

>>51085964
It keeps one sane despite the chaotic events happening on the charts. Slowly and steadily accruing the profits.

[Anonymous No.51089661]

>>51085709
There's an ongoing voting process for voting emissions to boost the yield of the smart vaults. I'm rooting for the USDC low risk vault to win this one.

[Anonymous No.51089859]

If this actually happens I'm enrolling in a community College and collecting 5k in student debt to put towards a bathroom remodel and never attending any classes or paying back the debt. Fuck em. I'll get my cut.

[Anonymous No.51090914]

>>51088691
Why Do You Capitalize Every Word Like A Retarded Boomer

[Anonymous No.51091564]

>>51072030
this man asking the real questions

[Anonymous No.51091720]

>>51071873
the stimulus created literally the biggest crypto boom, this one is bound to cause a half decent pump at least

[Anonymous No.51092716]

[Anonymous No.51092964]

I don't see how wiping out the account balance of DoE guaranteed loans impacts the greater economy. Payments have been on hold for like 3 years at this point. Won't this simply impact the student loan asset-backed securities (SLABS) market?

[Anonymous No.51093053]

>pay off your student loans early
I thought
>7% net guaranteed is a great investment! Where else are you going to get those kinds of returns?
I thought
>I am so financially responsible, surely this is the way to economic freedom just like I've been taught!
I thought
>wow My Fed Loan is finally a 0 balance! Today is a major milestone and cause for celebration in this new chapter of my life!
I thought

[Anonymous No.51093075]

BIIIIIIIIIDEEEEEEEEEEEEEEEEEEEENNNNNNN!!!!

[Anonymous No.51093115]

>>51072030
I wouldn't. Only the cheese in the mousetrap is for free.

[Anonymous No.51094186]

>>51075403
>They're not spending $40k+/yr on bottom-shelf liquor and pissbeer you dumb mook.
Yes, they are you autist
Going to college is just an excuse to party and drink. They wouldn't struggle to pay their debt off if they spent their time studying for a useful degree.

[Anonymous No.51094634]

>>51072030
No. June 2022 is the cut off

[Anonymous No.51096519]

>>51093053
LOL being decent never pays off, that's the struggle of our society!

[Please keep it tasteful, I am on university wifi. No.51096612]

>>51072013
>tryna

kys

[Anonymous No.51098795]

>>51073485
I see this I gets to reminisce my experience with Spool. Had decent rewards from staking Stablecoins

[Anonymous No.51099012]

>>51071873
so what millennials get gigs and zoomers get fucked? why don’t they just nationalize the university payments oh they’re the largest employer in the country and that would be socialism