/biz/ - Business & Finance

[Anonymous No.7844495]

>the absolute state of Bitcucks

[Anonymous No.7844508]

btw, Bank of England is a client of Ripple

[Anonymous No.7844832]

>Bitcoin failed to serve the purpose it was designed for
>"this is bullish"

lmao

[Anonymous No.7844861]

if you wernt all late adopters, you would have heard this story hundresds of times before

ever wonder why early adopters literally dont give a shit?

[Anonymous No.7844870]

>failed as a currency
>succeed as a hedge against fiat
At least it has found a use.

[Anonymous No.7844875]

>>7844495
>Hey, this person with a huge conflict of interest is telling me something. I better believe him.

[Anonymous No.7844883]

looking forward to their pink wojaks when XRP inevitably dominates web payments

[Anonymous No.7844892]

>>7844883
I hope you are wrong, we don't need a pre-mined centralized shitcoin dominating the market.

[Anonymous No.7844893]

>>7844883
.

[Anonymous No.7844915]

>>7844870
>hedge against fiat

hahaha something tells me the 20k buyers don't agree with you

[Anonymous No.7844944]

>>7844915
Anyone buying above the highest tested price is fucking retarded, thankfully their money goes to those that better know how to use it.

[Anonymous No.7845147]

>>7844892
>pre-mined
there's no mining in Ripple


>shitcoin
literally one of the two only useful coins today (the other one is Monero)
>centralized
it's actually more decentralized than bitcoin

.Bitcoin
-One company has more than 50% of the hashpower (Bitmain)
-One oppressive country has more than 50% of hashpower (China)
-One company has a monopoly on creating efficient ASIC Bitcoin miners thanks to patents (Bitmain)
-One company can rollback the chain and bankrupt the entire ecosystem (Bitmain)


Ripple
-10s of validators run by reputable non-related public and private entities in different countries (e.g., Microsoft, MIT, CGI, WorldLink, Telindus-Proximus Group, Bahnhof, ...)
-double spending not possible (the chain can't be rolled back)
-Consesus requires a supermajority of 80%
-Anyone can run a validator and use his own list of validators


.
.
pic related is the owner of bitcoin.org and bitcointalk.org

[Anonymous No.7845219]

>>7845147
>-One company can rollback the chain and bankrupt the entire ecosystem (Bitmain)

Physically impossible at this point in time, the chain is too big

[Anonymous No.7845297]

>>7845219
educate yourself, retard, it's called 51% or reorg attack.
https://en.bitcoin.it/wiki/Majority_attack


here's a very possible scenario explained by an early bitcoin adopter:
How to Destroy Bitcoin with 51% (pocket guide for governments)
https://medium.com/@homakov/how-to-destroy-bitcoin-with-51-pocked-guide-for-governments-83d9bdf2ef6b


.
DAILY REMINDER: DOUBLE SPENDING IS NOT POSSIBLE WITH RIPPLE

[Anonymous No.7845714]

these retards don't understand that there's a huge demand for a crypto as a currency, if you don't fill that demand someone will take your place.

[Anonymous No.7846086]

>>7844832
>>Bitcoin failed to serve the purpose it was designed for
>>"this is bullish"
>lmao

The point is that it did not. The bullish is that top bankers mention bitcoin on-record; a few years back they just didn't care (at least officially).

[Anonymous No.7846140]

well as a UKfag I think he failed as a man

[Anonymous No.7846332]

>>7846086
This.

Top bankers showing their hand by attempting to FUD crypto is always a bullish sign. This isn't a bullish sign because someone really thinks that Bitcoin has failed as a currency, it's bullish because it shows that the bankers continue to fear crypto

[Anonymous No.7846351]

>>7844495
Mark Carney is a grade A twat. Literally a Rothschild stooge.

[Anonymous No.7846428]

>Create new money digitally

REEEEEEEE

[Anonymous No.7846526]

>>7844883
>inevitably

[Anonymous No.7846800]

>>7846086
>being so pathetic and irrelevant that a mention by a banker make you wet your pants

This is not 2011. Bitcoin should have dominated the world by now.