/biz/ - Business & Finance

[Anonymous No.52769061]

There are still people here who unironically believe crypto and blockchain aren't useless ponzi scams with no real world utility
You deserve what you get

[Anonymous No.52769074]

>>52769061
Ohhh, my little crybaby lost his pocket money on gambling? Good.
Back to plebbit fag

[Anonymous No.52769081]

>>52769061
Yes it’s all a Ponzi scheme but people (even OGs) ended up believing the lies about utility, adoption and tech.

Have you had a discussion with a Bitcoin maxi?

[Anonymous No.52769397]

>>52769061
The idea is to make a profit from it
Like everything else
If you want money, make money
If you don't, hold onto trinkets, real or virtual and pretend you've elevated yourself

[Anonymous No.52769406]

Tell me a better faster way to send a large amount of money to someone on the other side of the planet at any point in time.

[Anonymous No.52769433]

If ethereum and bitcoin were deleted instantly, it would have zero impact on global finance or international trade (except for the tards in El Salvador lol). Not a single grain of rice, drop of oil, single kilowatt of electricity, or one minute of labor would be lost. The entire "ecosystem" is so Stade from the real economy that it engenders questions about the entire thing being a psyop to sideline and sequester millions of unproductives in their own little insulated fantasy reality.

[Anonymous No.52769481]

>>52769433
Disclosure:
I made a years pay gambling with crypto in 2021. I correctly picked the retard tokens early that /biz/ and reddit would buy off me later for a 4-10x and baghold to zero.
>big thanks eth, reef, ersdl, rvp, grt, and hbar!!!

[Anonymous No.52769530]

>>52769406
any centralized system, the only reason that it takes a lot of time now is because anti terrorist and money laundering regulation

[Anonymous No.52769534]

>>52769074
You wouldn't have made this post unless you were significantly down yourself.

[Anonymous No.52769552]

haha imagine not understanding what role databases play in modern world and how blockchain makes them more profitable. have fun trying to stake linkies or farm shrimp. nothing is decentralized everything is spaghetti code - but the corporates will pay for it so who gives a shit.

[Anonymous No.52769567]

>>52769552
>the corporates will pay for it
Lol. Cuts across the board for the next several quarters, but they're going to buy your token not needed bags.

[Anonymous No.52769617]

>>52769552
>databases play in modern world and how blockchain makes them more profitable
just imagine a database that isn't private and shares info to everybody around the world and is slow to update because everybody needs to update it, and uh you can't delete anything from it even useless or wrong information unless you fork it

[Anonymous No.52769640]

>>52769530
Enjoy waiting 3 working business days in order for your transaction to go through being buttraped by fees at the same time while I send it on a Sunday evening in seconds with close to zero fees anywhere I want to.

[Anonymous No.52769844]

>>52769640
enjoy doing kyc in an exchange waiting for weeks to then get the coins and cash out just to be exit scammed by the exchange mongoloid

[Anonymous No.52769962]

>>52769844
>enjoy doing kyc in an exchange
Imagine trying to shit on that while defending the tradfi system of scanning your butthole and then signing 50 different papers saying how you don't own anything lmao, the extra waiting time and hilarious fees are just extra.

[Anonymous No.52770087]

>>52769962
You literally rely on tradfi if you use crypto, it's just a more scammy layer on top

[Anonymous No.52770108]

>>52769061
They're not exactly going away anytime soon.

[Anonymous No.52770134]

>>52769061
I've used bitcoin before, back in 2014/2015 and at that moment all I could think is why would anyone with a sane mind actually invest in this scam? Why is it allowed for your dollar to be worth 1 dollar then the next day cause of market voliating it goes to 10 cents, and no one fucking knows if it goes to 10 cents or becomes 100 dollars. the fucking unpredictability didn't make sense. I'd rather have real money not electric dogecoins

[Anonymous No.52770167]

Why does the value of crypto goes down? What can possibly explain the value of a certain coin going down drastically if the utility is the same from before?

[Anonymous No.52770170]

Btc is priced in dollars now and I’m waiting for the day dollars are priced in btc

[Anonymous No.52770202]

>>52769061
so are stocks and metals, you retarded reddit fuck

[Anonymous No.52770209]

>>52769640
>while I send it on a Sunday evening in seconds with close to zero fees anywhere I want to.
Do you actually do that, though? Because most people just hold on to it and wait for the value go down.

[Anonymous No.52770215]

>>52769061
I believe in free market

[Anonymous No.52770228]

>>52769481
how did you find those tokens?
Also, how long you waited until they mooned?
Did you invest a lot?

[Anonymous No.52770236]

>>52770202
Stocks are parts of a company that produces some services or products. It can be over valued but that's a different matter.

[Anonymous No.52770243]

>>52770108
its a man

[Anonymous No.52770307]

>>52770236
>It can be over valued but that's a different matter.
It's literally not, dumbass. This argument is the equivalent to saying a shitcoin was some piss poor excuse for "utility" is not actually a ponzi because "it has muh utility". Normies are so fucking stupid for not realizing how fake all markets are

[Anonymous No.52770322]

>>52770307
>was
*with

[Anonymous No.52770336]

>>52769061
you are a special kind of retard

[Anonymous No.52770367]

>>52770307
Ok retard, there are no companies that produced the phone you type on or the internet that connects you to this website, no companies that produce the food you ingest in incredible amounts nor the insulin you have to inject.

[Anonymous No.52770383]

>>52769481
OP is retarded kek
they're tons of ponzi cryptos out there but if you know your game and stick with the good ones, you def making the bag.

Made huge stack off egld muse metis and eth from 2020 to 2021
I'm looking to make double of that in the coming bull run with matic vra mnw and sylo

[Anonymous No.52770385]

>>52770367
You're putting words in my mouth, retard monkey. My point is saying "a stock doesn't trade like a ponzi" is giga cope. The majority of a stock's price is speculation.

[Anonymous No.52770388]

>>52770236
>Thinks he owns stocks
>doesn't know the whole boomer system is a scam
https://en.wikipedia.org/wiki/Cede_and_Company
enjoy that rabbit hole newfag

[Anonymous No.52770396]

>>52770367
Oh and if you're going to go in a circle about "muh company's utility", I refer you back to this: >>52770307

[Anonymous No.52770695]

>>52770383
veracity is one of the og bags to hold, potential binance listing in the pipeline that could send it flying.
not sure about mnw but sylo got some juice with the whole open metaverse network thing they got going on.

[Anonymous No.52771242]

>>52770336
Deserves a special place in retard haven

[Anonymous No.52771251]

>>52770087
tradfi and crypto aren't on the same level bozo

[Anonymous No.52771296]

>>52770215
no taxes and shit yeah?

[Anonymous No.52771322]

>>52769061

so far what I've gotten is life changing money already invested into many other actual assets. I'm good

[Anonymous No.52771327]

>>52770695
pumped on their nft powered nodes with incentivised benefits for operators.

[Anonymous No.52771658]

>>52771322
how did you make it ser?

[Anonymous No.52771672]

>>52771296
make enough money, move to a 3rd world country, no tax, free life

[Anonymous No.52771703]

>>52769061
being rich?
How will I ever recover?

[Anonymous No.52771709]

>>52771327
It gets me on to see NFTs with real actual utility, not all that ugly overpriced and overhyped jpegs I keep seeing everywhere

[Anonymous No.52771983]

>>52769061
the us government is coming out with their own coin. theres your usecase, enslaving people. please stop postinf your low iq

[Anonymous No.52772136]

>>52769567
bruh, you think Im talking about anyones bags here? gtfo you dont see whats going on at all

[Anonymous No.52772196]

>>52769617
sadly, this is not how anything works faggots. please free your mind from thinking in terms of some ideological concepts like BTC or LINK. And maybe get a job because clearly nobody here understands how banks work. Fuck you crapto corporations, nobody needs them or Goldman will buy them (yeah, Coinbase too).

[Anonymous No.52772220]

>>52769640
your debit card transactions settle after 60 days. Everywhere, everytime.

[Anonymous No.52772251]

>>52769081
People believe what they want to believe. It's telling that the true believers threw their new money at R&D to fund usecases for the tech after it pumped on hype alone, but haven't created anything that can't be done more efficiently without a blockchain. In the end it just became a seedbed for scams and kikes like SBF.

[Anonymous No.52772348]

>>52769061
>There are still people here who unironically believe crypto and blockchain aren't useless ponzi scams with no real world utility

They are worthless ponzi schemes, and that's why I only buy and hold BTC.

[Anonyɱous No.52773975]

>>52769061
>utility

[Anonymous No.52774030]

>>52769481
Half the tokens you named didn’t even do that well in 2021. Cringe larp

[Anonymous No.52774102]

>>52770134
You just described all assets. You’re also ignoring stablecoins
>>52770236
Lol

[Anonymous No.52774971]

>>52769844
Low IQ biztard, do you realise what DEXes are, besides there are privacy wallets that can be used. You clearly don't understand a thing in crypto.

[Anonymous No.52775809]

everything is a ponzi, newfag

[Anonymous No.52776927]

>>52772348
You're definitely missing out on the good stuff; If I were you, I wouldn't just hold without a target, hold and sell close to the top, stake the stables for passive income and wait for the next bear; buy again... rinse and repeat. Kek

>>52774102
Anyone sleeping on stablecoins deserves whatever rekt they get.

[Anonymous No.52777318]

>>52776927
Where do you stake your stables? I used to stake on Binance; proceeds were not encouraging at all.

[Anonymous No.52777378]

>>52769061
Okay, but paying with crypto is much cheaper and I earn cashback on payment, kek, so you want me to stop believing in it, Just because you were to dump to buy high and sell low doesn't make it use case less valuable

[Anonymous No.52777715]

>>52777318
>I used to stake on Binance
Same here but I'm not letting any of my funds interact that long with CEXs again for obvious reasons. I stake on SpoolFI right now; easily one of the high yield Defi platforms for stables.

[Anonymous No.52778043]

>>52777715
>easily one of the high yield Defi platforms for stables.
Is it really that profitable? Lat time I checked, the APYs were like every other yield protocol for stables.

[Anonymous No.52778084]

>>52769061
Just wait until this retard finds out about the USD

[Anonymous No.52778119]

>>52769061
I planed to buy my tesla this year, of course pay with crypto maybe through Utrust for the cashback, but the bear market fucked it all up, so I can feel your pain, anyways I will wait for the next bull run

[Anonymous No.52778355]

>>52778043
You need to revisit the web app to have another glance at the pools available and their APYs; you'll be amazed. SpoolFI launched a smart vault creation feature and the recently created pools are super juicy.

[Anonymus No.52778424]

Crypto isnt useless. I can buy 4chan Premium, you can donate to politcial Aktivist which are Blacklist from banks, you can pay in darknet. Crypto isnt useless.

[Anonymous No.52778703]

>>52778084
Yes, what about it?

[Anonymous No.52780317]

>>52769061
What’s the alternative to trustless finance? Traditional finance?
>cool, cbdc’s, so futuristic!

[Anonymous No.52780443]

>>52778703
>cuckservative
The US is a paper tiger, 75% of its military are trannies, women and mudskins kek. Your precious fiat will be Zimbabwean funny money in a few decades as the US descends into Brazil tier irrelevance.

[Anonymous No.52781355]

>>52774971
Just bunch of larpers here openly airing their stupidity, they literally have no idea how important DEXes are when we talk about privacy, they should probably pay learn and stop larping from their moms basement start by taking a look at AllianceBlock DEX.

[Anonymous No.52781808]

>>52769061
We totally deserve what we got.

[Anonymous No.52782033]

>>52774030
The fact that he omitted real yield projects tells me all i need to know about his picks as they were the big runners in 2022. Keeping my eyes on Spool to follow suit as well.

[Anonymous No.52782167]

>>52769061
Low IQ fag detected, asset and identity management isn't a thing? what about defi? its all crap? kys

[Anonymous No.52782183]

>>52769406
I'd just like to interject for a moment. When you're sending crypto you're not sending money, youre sending magic internet bean that you still need to turn into money by selling it. I could technically send half a million dollars quicker than any payment processor by getting on a plane with a princess Diana beanie baby and then give it to my friend on the other side of the world. The trouble is that you still need to find a buyer in a local currency.