/biz/ - Business & Finance

>>16191372
Are they looking for anymore cryptoshills?

Protip: you can't

Cryptocurrencies are a crock.
What social benefit do they provide?
Well, they allow a few dozen men in my district to sit in their pajamas on the couch all day until their wives are going to be millionaires.
They help terrorists and criminals move money around the world.
They help tax evaders.
They help startup companies to commit fraud, take the money, and 1% of the time they actually create a useful business but then again I dare say that some tiny percentage of all larceny and crime helps finance something that turns out to be useful.
When we have people take risk, we don't encourage gambling. We encourage investment in the real economy.
But when you buy a bitcoin, are you financing a new factory?
NO.
You are gambling on its value for no social benefit.
Finally we have these "Initial Coin Offerings", deliberately naming themselves to lie to the public and convey the image that it's like an initial public offering.
They stole the intellectual property and trademark of legitimate investing and applied it to a fixed, fraudulent, gambling scheme of no social benefit.
Aside from that I think it's a good idea.

>>14136757
You goyim better watch yourselves

You have 12 hours left until we introduce legislation
By executive order

I'm gonna do it, /biz/!

>>13596334
probably iran after this clownfaced jew told them how to get around sanctions