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/biz/ - Business & Finance

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File: 104 KB, 741x730, Screenshot 2022-11-11 at 17-29-37 Not Your Keys Not Your Coins Whatever.png [View same] [iqdb] [saucenao] [google]
52363877 No.52363877 [Reply] [Original]

https://www.forbes.com/sites/davidbirch/2021/10/15/not-your-keys-not-your-coins-whatever/

>> No.52363967

they're right
being your own bank is too much responsibility for the average normie
thats why they're normies
if they can't trust companies like FTX to do the complicated shit for them, they just aren't going to get involved with crypto. simple as that

>> No.52363988

>>52363877
>that fockin wanker William will not get me gold coins
I'd say mission accomplished

>> No.52363998

>>52363877
yes goyim, dont get a hardware wallet. you dont want to be your own bank, you need a banker

>> No.52364046

>>52363967
>yeah lets not use coinbase which has been around for over a decade instead i will use some nobody exchange that came out of nowhere less than 2 years ago ran by some shady looking man with dead eyes and funny hair which also is named BANKMAN

they deserved what was coming to them

>> No.52364117

>>52363967
This right here. I am not investing a dime into crypto until the process is simple and safe. There are way to many options to invest to waste money on a complex unstable system that is crypto today.
>>52363998
Only an insane person stores their wealth under their mattress. Banks offer stability beyond what the average person has.

>> No.52364179

>>52364117
I dont think you realize he was insulting you. get off my board glownigger.

>> No.52364180

>>52363877
They are partially right, no normal person wants to be their own bank. People want things easy. The only way self custody in crypto will really take off is if AI is running the security where it handles all transactions and stupid people can be stupid and protected.

>> No.52364183

>>52363877
>I wouldn't worry about it, goy

>> No.52364326

>>52364180
Having had my bank account blocked 3 times (because I was trying to use my OWN money in "unusual" ways), you bet your ass that I want to be my own bank.

Banks are parasites that get free money from the government. We should abolish them.

>> No.52364434

and those that don't want to be their own bank forfeit their right to their own wealth
simple

>> No.52364822

>>52364326
Agreed but like I said, normies don't think like this. Most regular people don't care.

>> No.52364840

>>52363967
8 year crab market incoming desu

>> No.52364993

>>52363877
>seething outrage over something that happened almost 1000 years ago

>> No.52365149

>>52363988
Yeah kept his coins up to death.

>> No.52365191

>early life

>> No.52365367

>>52363877
This is at least partially the result of fiat currency encouraging people to be irresponsible. If this retarded financial system disappeared, while I doubt the average normie would become some sort of ultra disciplined custodian of their money, people would become way more mindful, pretty quickly.

>> No.52365402

>>52363877
>William the Bastard's illegal invasion of England

Are Anglos really seething about this 956 years later?

>> No.52365502

why would anyone want to be in control of their own money?
no, no, I think I would rather lend it to a bank for free.

>> No.52365632

>1 example from 1000 years ago why self-custody has issues

Lol do Jews really

>> No.52365640

>>52363877
I don't want to be my own bank. I want to live in a high trust society where I can trust the bank. Until I find a place like that, I'll be my own bank thank you

>> No.52365674

>>52363877
You disgusting goyim better NOT be your own bank or else you will get your your head cut off ya hear?

>> No.52365687

>never had his wealth stolen from him
Looks like he got what he wanted.

>> No.52365800
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52365800

>>52364046
Yes, they DO deserve it, THAT'S WHAT WE'RE TRYING TO TELL YOU, THAT'S why crypto WON'T EVER WORK for mass adoption. Because they fucking deserve it. Goofball.

>> No.52365836

>>52363877
Just give a wallet to your heir. Put some money in a smart contract that sends money to the heir's wallet/bank wallets(once cbdcs arrive- they will) after a period of time in case you don't interact with the wallet in that time.
I don't think banks are going away but i think crypto will reduce the power that banks have.

>> No.52365853
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52365853

>>52364117
>Only an insane person stores their wealth under their mattress. Banks offer stability beyond what the average person has.

>> No.52365866

Smells jewy

>> No.52365890

>>52365836
can i put my money on several usb-sticks to protect myself from random data-rot? i dont mean splitting the same sum over 5 usb-sticks... just several copies of the same amount of money?

>> No.52365906

If all the banks dissappeared tomorrow, people would form long established social constructs to keep their wealth safe. No one is going to trust a bank that isn't regulated by an authority that believes the same things they do; that essentially means an end to globohomo and jewish control of banks.

>> No.52365909

>>52363877
>by David G.W. Birch
just guess his religion

>> No.52365947

>>52365890
That's possible but then one usb stick getting stolen means that your entire networth is stolen unless you manage to move funds before the thief.

>> No.52366001

>>52363877
i dont speak kike, was is he trying to say?
also is this place run by touristniggers? i have never seen a single archive link in any op here

>> No.52366059

>>52365947
ok... interesting. and there surely has been a debate among cryptobros which storage medium should theoretically be the safest? hard disk, solid state drive, DVD, cloud server...? what's the consensus there?

>> No.52366084
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52366084

>>52365909

>> No.52366163

>>52363967
That's why Fedimint is a thing. Keeps keys out of the hands of filthy kikes but also tard wrangles normie tech illiterate scum.
It's only on BTC though because it uses lightning tech so all of you niggers are sleeping on it.

>> No.52366260
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52366260

>>52363877
>(((David)))

>> No.52366267

>>52366059
Most people consider any cold storage pretty safe. Stuff like ledger nano x is pretty popular though.

>> No.52366830

>>52366059
Pen and paper. You can stamp it into a metal plate if you like.

>> No.52366846

>>52363877
Oh yeah during a genocidal campaign of regime change, where you appear to be a target of head chopping, they would 100% pass your money down your not murdered gamily.

>> No.52366872

>just let the jews have your money, goy
SBF says hi.
>illegal invasion
William was the legal heir of Edward the Confessor, his cousin. Harald the faggot and Harold godlesswifeson were not entitled to his family property.

>> No.52366873

>>52366830
but your bitcoin isn't just a password? it's a file you need to store too, right ?

>> No.52366918

>>52363967
Thats why the FTX collapse is so infuriorating even for old head /biz/tards like us.
Fuck the money, they wiped out trust

>> No.52366998
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52366998

>>52366918
Gee, i guess its a good thing that a trustless solution is just around the corner. What a coincidence!

>> No.52367053
File: 35 KB, 400x600, images - 2022-11-12T021150.277.jpg [View same] [iqdb] [saucenao] [google]
52367053

>Dabid Birch - (((contribootor)))

>> No.52367086
File: 17 KB, 300x300, images - 2022-11-12T021343.596.jpg [View same] [iqdb] [saucenao] [google]
52367086

>why be your own bank goyim?
>trust me, a humble contributor

>> No.52367361
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52367361

>>52366830