/biz/ - Business & Finance

[Anonymous No.9824363]

Funny how you believe that crypto will change something. :D

[Anonymous No.9824367]

>>9824363
Yeah. of course.

[Anonymous No.9824374]

Venmo can do everything the best cryptocurrencies can do, plus, because it’s centralized, frauds and scams can be undone.

[Anonymous No.9824375]

>>9824363
Funny how you believe a piece of paper is worth what ever your masters says it's worth

[Anonymous No.9824387]

seems like op got margin called again lol

[Anonymous No.9824413]

>>9824363
crypto isnt better than gold imho
but its waaay fucking better than fiat

[Anonymous No.9824438]

>>9824413
>its waaay fucking better than fiat
First, stop calling it fiat, lol.

2nd 51% attacks on coins are basically legal and completely anonymous. Try to fake real money and you get a lifelong sentence in jail.

How is crypto better than fiat again, annon?

[Anonymous No.9824449]

>>9824438
>stop calling it fiat
no

>How is crypto better than fiat again, annon?
Pajeet, however much those kikes are paying you to shill this shit is too much.

[Anonymous No.9824459]

>>9824438
12 Year old anime fap pajjeettt confirmed

[Anonymous No.9824460]

>>9824363
FIAT is inferior and your just some jew nigger faggot part of the establishment

[Anonymous No.9824471]

>>9824438
>feds can magically print money out of thin air.
sure, fiat is better.

[Anonymous No.9824472]

>>9824438
51% attacks only happen to low cap shit coins.
Is it so hard to comprehend that you don't have to be a good boy and trust the banks and the government?

[Anonymous No.9824479]

>>9824449
>>9824459
>>9824460

Yet none of you idiots answered my question. How is crypto better than real money when you can basically steal and hack legally?

[Anonymous No.9824486]

>>9824438

>privately owned central bank prints limitless amounts of money from nothing and lends it to investment / commercial banks who then use it to pump up assets into speculative bubbles enriching themselves and their rich clients while lowering the purchasing power and wealth of chumps like you

Sounds like a great system

[Anonymous No.9824488]

>>9824375
the paper money can be exchanged for goods and services unlike meme money

[Anonymous No.9824492]

>>9824479
It's a out taking away the power to say what's "legal" and enforce it.
Don't you want financial freedom and privacy?

[Anonymous No.9824497]

>>9824471
cryptocurrency itself is fiat money since its value is not backed by anything. unless it's a stablecoin or gold token or whatever, then it's just fraud

[Anonymous No.9824498]

>>9824488
Ask the Venezuelans how that's working out for them PAJETTT

[Anonymous No.9824502]

>>9824479
> when you can basically steal and hack legally
What are banks? I still remember the Fortis fraud. It's just that you decline thinking for yourself and you'd rather put the trust in someone else.

[Anonymous No.9824512]

>>9824363
Anybody can see the pyschological warfare going on in /biz/. Supression of actual progress, constant shilling of ICO's promising "the next big pump", quickly after the market goes down put up thread calling the better currency "Meme money."
Obvious is obviousn anyone who is actually intelligent knows where the next Tech of actual decentralized currency to fight your sorry asses is already there.

[Anonymous No.9824514]

>>9824497
what backs gold?

[Anonymous No.9824516]

>>9824363
whether they succeed or not, at least they're trying to make something better.

[Anonymous No.9824523]

>>9824514
it exists as a physical thing irl that you can ram up your asshole

[Anonymous No.9824530]

>>9824492
>Don't you want financial freedom and privacy?

I do, but I don't want some hackers to take control over it and get away that easy. Look at Verge, 51% attack and they got away.

>>9824502
>What are banks? I still remember the Fortis fraud. It's just that you decline thinking for yourself and you'd rather put the trust in someone else.

The reason you're still remembering it is becouse they got caught by the authorities.

[Anonymous No.9824534]

>>9824514

The proof of work that went into creating the gold in a neutron star explosion

[Anonymous No.9824536]

>>9824523
Actual thing.

A bunch of atoms clumped together to create the illusion of 3D object.

[Anonymous No.9824537]

>>9824498
>>9824498

[Anonymous No.9824541]

>>9824523
not an argument.

[Anonymous No.9824550]

>>9824530
Thanks for proving me right.
:)

[Anonymous No.9824551]

>>9824438
>"First, stop calling it fiat, lol."
>"lol"
>calls it fiat repeatedly after telling everyone else not to call it that
Hi, I'm Jerome Powell, and I would just like to talk to you about FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT FIAT

[Anonymous No.9824557]

>>9824498
>a third world shithole managed to lose all their oil money and fuck up their economy
>so i should change my usable money into meme money i hope i can offload to a greater fool for profit

[Anonymous No.9824567]

>>9824551
Please, define FIAT for me annon without searching on google. :)

[Anonymous No.9824594]

>>9824567

Shit bait thread but whatever

Define real money

[Anonymous No.9824595]

>>9824567
It means 'nothing'

[Anonymous No.9824602]

>>9824530
ecommerce exposes you to hackers. so is ecommerce shit too? credit cards expose you to fraud. paper money can be lost or stolen. should we go back to barter? your argument is kinda pointless.

[Anonymous No.9824606]

kek these morons who don't understand that crypto is fiat currency too

[Anonymous No.9824615]

>>9824557
No one is asking you to change anything PAJJETT, the point is any government can print unlimited amount of money but eventually it will catch up to them, some scam meme coins are copy and paste sht but there are also a few that actually have legit mining or are non mineable, pakin kike pajjjets trying to spread meme coin FUD

[Anonymous No.9824626]

>>9824606
Define fiat first.
ps. Nice id.

[Anonymous No.9824631]

>>9824363
Sathoshis vision is evolving and those who are smart enough to see it will see the next age of crypto.

[Anonymous No.9824634]

Do people here even understand the technology?

[Anonymous No.9824635]

>>9824530
>51% attacks
As I said earlier, these only happen to low mcap shit coins. Pretty much anything under top10 should be considered experimental and these attacks are to be expected.
Also when you look at the attacks, they did not affect the price too much. Of course these attacks should be avoided.
But now thanks to blockchain you can actually monitor that there was a hack and you can make decisions on it.
With fiat you have 0 observation on how much money is printed, only vague claims of 4% or whatever. You only really notice that your purchasing power with the same money is going down slowly.
Now wouldn't you like to be more aware about the inflation of money, which is completely public with a blockchain?

[Anonymous No.9824636]

>>9824626
I'll define BOFA in ya mouf first

[Anonymous No.9824639]

>>9824615
ah yes anyone who doesn't chant MOON WHEN is a pajeet kike moron fudster, the ez way to lash out when you have nothing of substance to say

[Anonymous No.9824648]

>>9824639
Your shekels are your shekels pajjet, no one is telling you how to spend them or pushing you to buy meme coins, so stop crying your mommy isn't here to give you a tissue

[Anonymous No.9824692]

>>9824363
How is FIAT/gold better than trading goods directly?

U newage people using money instead of just trading materials and chickens directly ogogogboga

>This is with fiat and crypto right now

[Anonymous No.9824706]

>>9824648
>>9824615
Idiots like you will never say something intelligent.

[Anonymous No.9824712]

>>9824648
>>9824615

[Anonymous No.9824722]

>>9824712
Mommy he hurt my feelings, KYS

[Anonymous No.9824737]

>>9824712
>I don't even know how blockchain technology works before starting this thread.

[Anonymous No.9824762]

>>9824722
shut up low iq shill

you are not impressing anyone with your memes

[Anonymous No.9824768]

>>9824762
SAMEFAG

[Anonymous No.9824794]

>>9824722
>KYS
This is a SFW board, reported.

[Anonymous No.9824809]

>>9824794
>announcing a report
Violation of rule 7

[Anonymous No.9824894]

>>9824809
>Violation of rule 7
kys faggot.

[Anonymous No.9824917]

>>9824438
That's not how it works retard, why did you mention 51% attacks when you don't even know what they entail?

Classic nocoiner, always repeating words he heard somewhere else but can't understand, in a desperate attempt to feel smart.

[Anonymous No.9824975]

>>9824917
>Classic nocoiner
I have more coins than you could ever dream about.


>why did you mention 51% attacks when you don't even know what they entail?
Ha, lel, I actually know more than you brainlet. Verge getting a 51% attack is the absolute proof of it.

"But, mommy hes making for of my meme money!"

[Anonymous No.9825173]

>>9824975
Nocoiner, shitcoiner, same thing desu. The gist of it is you suck.

Please explain in your own words (no googling) how a 51% attack is anything like creating fake money. And no, you can't use a random shitcoin with some convoluted validation mechanism as an example. Stick to bitcoin.

[Anonymous No.9825214]

>>9825173
>Please explain in your own words (no googling) how a 51% attack is anything like creating fake money.
Sure, if you do the same with FIAT.

[Anonymous No.9825250]

>>9825214
Well played anon, that's an epic retort.

[Anonymous No.9825251]

>>9824438
>How is crypto better than fiat again
It is actually better than Fiat and Gold.

[Anonymous No.9825293]

>>9825251

[Anonymous No.9825312]

>>9825293
Fake news our government would never do this to us, they only want what's best for us

[Anonymous No.9825323]

>>9824363
Anon, I guarantee that your face is so punchable, lmao.

[Anonymous No.9825328]

>>9825312
>they only want what's best for us
Listen this annon: https://www.youtube.com/watch?v=_WTBkj8gFfI

[Anonymous No.9825337]

>>9825328
Send nudes or GTFO

[Anonymous No.9825346]

>meanwhile, in 1994
funny how you believe that the internet will change something. :D

[Anonymous No.9825357]

>>9825346
Its more fun how I BTFO‘d the currynigger and how he ignores it.
Too much poo on his scared hands to type a response.

[Anonymous No.9825358]

>>9825337
>nudes
This is a SFW, I could send but I will get banned.

[Anonymous No.9825376]

>>9825358
We're not interested in your plastic sex doll nudes.

[Anonymous No.9825378]

>>9825357
>Its more fun how I BTFO‘d the currynigger

[Anonymous No.9825387]

>>9824363
K. Tell that to Andrew Anglin or pretty much any single person who doesn't toe the line.

[Anonymous No.9825395]

>>9824374
Yea, so political dissidents can be unfairly banned from using the service, just like they are banned from using paypay or credit card platforms because they say inconvenient things about the people in power. Great.

[Anonymous No.9825405]

>>9824497
Difference is any established chain can't print more coins at will. Coins are generated at a predictable stable rate and only for a limited ammount. There is no limit for the gov how much it can print.


>>9825173
It really isn't. You can scam with a 51% attack but you ain't creating new money. You are merely deleting transactions records to get coins back.

What happens is
1. use money on chain A to buy shit
2. 51% a chain B where money wasn't used
3. Chain B get's accepted as true chain and money is back in your hand
4.whoever thought he got paid by you is fucked. At no point did the total of coins change however.

[Anonymous No.9825407]

>>9825387
>Andrew Anglin
Kills me and spends the rest of life in jail. I'm pretty happy with the end result. Kept alive to suffer. HA HA! :) xDDD

[Anonymous No.9825424]

>>9825378
>I wuz just pretending to be retarded

[Anonymous No.9825459]

>>9824486
I dont know where you guys got it from, but its not privately owned.

[Anonymous No.9825480]

biz is in it for the technology

[Anonymous No.9825505]

>>9825480
>biz is in it for the technology
Funniest thing I've read today.

[Anonymous No.9825667]

>>9824497
The word fiat implies some sort of central authority or government.
So you are just wrong.

[Anonymous No.9825716]

>>9825405
>It really isn't

Of course it isn't. The point was that the brainlet king OP didn't even know it and is the type of retard that unironically throws around words he doesn't understand.

[Anonymous No.9825737]

>>9824975
Your only argument seems to be the 51% attack and the only example you can come up with I'd verge. The shittest of coins.

Never going to happen with bitcoin or litecoin.
Using the verge attacks as an example is the weakest possible argument you could use. The fact that you have repeated it so many times just shows how stupid you are.
Almost to the point where it's hard to imagine somebody is actually this stupid and not just doing it for attention.
But if you are being serious you are just proving why cryptocurrencies are better.

[Anonymous No.9825946]

>>9824438
actual full on retard