/biz/ - Business & Finance

[Anonymous No.53102220]

I don't want to be a BTC maxi but literally every other project except XMR is a scam.

If there was even one (1) smart contract platform that was decentralized and PoW I would support it but there are none. Every single SC crypto is a scam.

[Anonymous No.53102305]

Kadena Babena is PoW and supports smartcontracts.

[Anonymous No.53102310]

>>53102305
Disgusting freak chink bagholder. Kill yourself
>>53102220
you're correct op well done.

[Anonymous No.53102311]

>>53102220
Instantly proven wrong: RLC

[Anonymous No.53102322]

>>53102311
bought it, tried it, sold it

[Anonymous No.53102325]

>>53102310
Nah i dont have that coin. But it is what op asked for

[Anonymous No.53102332]

>>53102325
Post eye chink

[Anonymous No.53102353]

>>53102220
Based, no one understands this except the very high tier crypto people. Though, despite this being true, I feel like the other coins will pump all the same and principles be damned.

[Anonymous No.53102360]

>>53102332
Post hand mein neger

[Anonymous No.53102374]

You faggots can't even come up with ONE. ONE. UNO. ONE. REASON TO USE THIS SHIT BAR SPECULATION PROFITS. It's code with a unique hash, been there. Done that.

If you fucking you me without ONE. ONE. ONE. ONE. ONE reason to use this garbage beyond a pump you are a joke and deserve a lynching full stop.

[Anonymous No.53102385]

>>53102374
It's literally the purest form of ownership our species has ever known

[Anonymous No.53102389]

LTC is not a scam, DOGE not a scam

[Anonymous No.53102408]

>>53102385
Okay NIGGER, find a real use for it. This is a billion dollar idea btw. This would blow the industry wide open. You could become richer than every jew on the planet.

Give me ONE practical use.

[Anonymous No.53102433]

>>53102408
Buying feet pics anonymously with no third party.

[Anonymous No.53102435]

>>53102408
The capital I earn but do not spend can now be stored in an easily transferable medium untouched by inflation. For the first time in human history my capital can be stored in my brain to be spent at any point in the future, while those around me have their unspent capital waste away over the years into nothing at the mercy of centralized government spending.

I could take your kidneys from you via force. I couldn't take your memorized seed phrase from you.

I use btc. I am more free and more powerful than you, who does not

[Anonymous No.53102440]

>>53102385
What happens when the grid goes out? If the grid went out across the world, the blockchain would cease to exist. The tokens would be useless.

[Anonymous No.53102457]

>>53102440
So is your bank account balance. So is your rights to your shares. So is your certificates of ownership to your gold and your local mints database.

[Anonymous No.53102464]

>>53102440
If you're concerned about the grid going out, buy some guns ammo and food now

[Anonymous No.53102470]

>>53102433
Lol
>>53102435
>transferable medium untouched by inflation
Wrong. Delusional even. And you didn't even give a practical real world use. Holy shit biz is full of the stupidest faggots imaginable.

[Anonymous No.53102485]

>>53102470
not sure how that isnt a practical real world use: what world are you living in?

whats your background in economics?

[Anonymous No.53102490]

>>53102220
Midwit

[Anonymous No.53102574]

>>53102457
If you're talking about a certificate of ownership of gold, Bitcoin has a public and transparent blockchain. That's effectively also a 'certificate' which the government can track. You talk about the purest form of ownership, or property right. It's not Bitcoin for the aforementioned reason. It would approximate something like precious metals.

[Anonymous No.53102599]

>>53102574
i can take precious metals from you with force. i can rip the safe from your floor and blast the doors open

you torture me for my bitcoin the seed phrase to which only exists in my brain, i tell you nothing. you kill me, you receive nothing

i drug you and steal your kidneys from you, i now own your kidneys, but i could never get your btc.

it is the purest form of ownership. no government could take it from you (they can take precious metals and have done in the past) they can take your home, your family, your salary. they cant take your btc

you dont have to agree with my points or that this even gives btc value at all, but this is why it is worth anything at all. whether you think it is worth anything at all is completely up to you

[Anonymous No.53102623]

>>53102574
i just beg you: please do not continue asking the question about why its worth anything at all and how its some worthless rubbish internet coin. it just makes you look really daft.

its fine to tell people you dont believe it should be worth anything, but when the same people like yourself are told why someone would pay 16k for one, and you just dismiss it like the reason isnt even valid, it just makes you look so so so dumb

[Anonymous No.53102634]

>>53102220
theres eth classic and eth proof of work though

[Anonymous No.53102657]

>>53102374
you can use it for lending, borrowing, swapping, derivatives, providing liquidity any way to make money really and it works for stable coins too

[Anonymous No.53102670]

>>53102440
so would computers, why don't you throw yours away?

[Anonymous No.53102687]

>>53102599
You can be lobotomised and you'll forget your Bitcoin seed phrase. Even if the metal is 'taken' by force, at least the metal will have value and it won't disappear into thin air if the grid goes offline.

It's a nifty form of ownership, but again it's on a transparent and publically available ledger that the government can track. It's a certificate of ownership (similar to what you said about gold). That's why many criminals from the silk road were doxxed by the FBI because they used Bitcoin (a transparent and open ledger).

[Anonymous No.53102696]

>>53102687
would you accept gold from a stranger on the silk road?

[Anonymous No.53102701]

>>53102435
>untouched by inflation
nobody tell him

[Anonymous No.53102715]

>>53102701
alright. untouched by unexpected, unpredictable inflation. i can calculate the btc in circulation at any date in the future with a high degree of accuracy. cant be done with any other asset on earth

[Anonymous No.53102789]

>>53102696
Depends on how the cash is transacted. If it's done using online rails then no. Maybe something like Monero could work if it was done cross border. If it was national you could pass off cash in person or trade another material good for it. Each approach has pros and cons but Bitcoin is a digital certificate of ownership and of transfer. So it's not ideal for staying elusive from the government.

[Anonymous No.53102812]

>>53102670
Lol because I didn't buy my computer as a speculative investment vehicle and I have daily continuous use for it.

[Anonymous No.53102851]

>>53102220
BTC itself is a scam trying to block satoshi's vision for scalability and micropayments

[Anonymous No.53103366]

>>53102220
AVAX???

[Anonymous No.53104770]

>>53102220
fagit

[Anonymous No.53104784]

>>53102220
you are right. BTC and XMR are the only releveant chains. now be wise and stack up xmr while most of the market is still chasing print out of thin air tokens.

[Anonymous No.53104800]

>>53102220
BTC/ETH/XMR are the only ones that matter
>>53103366
Literally a turkroach scam you retard

[Anonymous No.53104849]

>>53104800
avax hires poor people in fallen countries to "shill" for them. its easy cause the team and friends and early VCs control most of the stake and just print more stake and give a little piece to poors to post about avax lol

[Anonymous No.53105157]

>>53102435
Given how reasonable you sound here, can you tell me why you dismiss the only scalable POW blockchain with smart contract capabilities by attacking the poster who mentioned it? You don't know anything about it, do you anon?

[Anonymous No.53105253]

>>53102220
Imagine trusting your money to a fat fucking slob who spends $300k annually on each of his HR roasties, paid for by dumping minted LINK of course
It’s amazing it’s even worth $5

[Anonymous No.53105260]

>>53102220
ETH is a scam but it's the scam chosen by the powers that be.

[Anonymous No.53105265]

>>53102374
Come up with one reason why people need decentralized currency and there is your answer retard

[Anonymous No.53105297]

>>53102220

I like the way everyone is focusing more on XMR. That means we are good with other privacy tools like RAIL, SCRT, and Zcash. ZKP's technology is gaining more ground.

[Anonymous No.53105377]

>>53102374
Buying drugs on the internet is literally a usecase. It's why paysafecard took off, why bitcoin took off, and why monero won't take off because it just won't ok?

[Anonymous No.53105443]

>>53102220
What matters most is the products we get and problem they are solving. You cannot rule out projects with solving security like Gnosis and assset management like ORE network.