/biz/ - Business & Finance

>>15992249
Wow this looks so unique and interesting compared to the other coins claiming to be the next new digital dollar anon.
I sure don't want to miss out and am feeling that FOMO sirs.

>>15992265
Yeah how many projects are used by a central bank to issue national fiat?>>15992265

>>15992265
This is a central bank saying they’re about to deploy on a coin, I don’t think k you retards get it.

What the fuck am I missing?

>>15992283
>>15992290
NO NO SIRS IT IS CENTRAL BANK FIAT SIRS
Much better than RIPPLE sirs

>>15992511
It’s literally on the banks website you fucking idiot

>>15992517
NO SIRS DO THE NEEDFUL AND PURCHASE WE HAVE PARTNERSHIP WITH BANK ON THE FANTOM VISHNU I SWEAR
I swear to god, this is why we need flags, not fags. Shill your garbage somewhere else please.

>>15992249
The question is how such an obvious scam is worth so much.

kek at this thread

>>15992511
What part of securing assets on chain requires 1:1 ratio of network value:on-chain assets.

Man I'm in it for the money. Don't care if you buy or not. The goal is to invest in networks which will carry the most value, hence become the most valuable

>>15992546
Explain this to me, why would a banking network say they’re using fantom if only fantom is claiming the reverse according to you

>>15992265
Fantom stable coin network is being used by a third party to issue backed digital central bank currency.

Fantom is a utility token not a digital dollar

the value for holders comes from the network

>>15992546
t. Seething 2017 altcoin bagholder.
Inb4 you larp about holding 100k LINK.

>>15992517
KEK
It si fucking not
KYS rajnesh

>>15992600
I acually hold 50k link Atkish and can use brain thats why this is so funny LOL

>>15992680
You can barely write a sentence. I hope English is your 3rd language after Swahili and French, you stupid fucking nigger.

ITT: Mandeep vs Rajkumar vs Durpinder

>>15992772
How much do you own man? Be honest. You should have finished accumulating by now no need to continue fudding

>>15992723

Another jelly pajet peddling shitcoins after missing link

You had 2 years now pray for negor banks pamping your bags buying on dexes LMFAO

NEGO
BANKS
BUYING
STHICOINER
BAGS
ON
DEXES

What a timeline

>>15992820
South African banks are still largely white

>>15992825
That is acually good point anon but ftm is still gook scam and i seen some shit since 2016 lol

>>15992840
Dude how much do you own? It’s clear fudding isn’t gonna do anything on this board since no one with real cash is browsing anymore

>digital
>money
>still running after the encrypted monies meme
DINGDINGDINGDINGDINGDINGDINGDING its 2019, nearly 20, that dream died

>>15992860

lol
Half of us neets shitpost here 24/7 while we wait for singularity and this "he fuds to get in cheap" is worst answer to fud ever

>>15992600
> 100k link is a larp
I actually have 52k
Holy fuck your post just gave me an erection. Please tell me more about how you think I'm bullshit in a thread where I'm shredding your retarded shitcoin.

>>15992905
Except the one day this turns out to be correct it’s going to be a 1000x return

I’ve also only been holding this coin about 10 days

>>15992912

So its not just me?

browsing biz getting erections when I see retards who still dont get after all this time drowning in pajet tire shitcoins and living on hopium of most epic tires like: african banks buying my bags in open market

KEK

>>15992945
So if im wrong i get 10 times your bags (and yes for 5x price) and still make it -cool

Whats to lose.

Protip since I can tell you are new to all this: Im not

>>15992951
It's like a dream.
He could have kept shilling the shitcoin lines his handler gave him but he went out of his way to say that. I never thought I'd be one of those guys that newfags would think were approaching whale status. We're gonna make it, fren.

>>15992971
I have been here literally every day since dec 2017. Every day. I owned 350k link before I started selling this pump

>>15992986
Yep.

Every random shitcoin thread now contains:
"you larp about holding 100k LINK"
"my token does not need shilling like linkscam"
"my shitcoin is next link"

and my favorite

"I had 500k- mil link and sold it for this shitcoin" see I was so smart and this is what smart money does" like this fuck >>15992991


What a timeline anon we made it

>>15992283
>central bank of SOUTH AFRICA
Lmaoooo

>>15993045
Yes, I have sold most for physical silver and fantom/harmony. Do you faggots realize a huge crash is coming? Link will not be spared, and even if it is it’s already a billion market cap

Harmony and/or fantom are the chosen scaling solutions and are only TWENTY FUCKING MILLION market cap. They are at the bottom of their pnd cycle.

In this climate rn link is not going to do more than a 10x. It’s already at a billion market cap you retards, theres going to have to be tectonic shift in the crypto market itself before it pumps hard to where it should be

I’m as strong a link believer as anyone, but rationally my portfolio will outperform yours and you faggots are going to be making necking threads when fantom finally pumps

>>15992517
Can you screenshot the bank saying it's using FTM pls anon

>>15992249
Link tier

>>15993089
It’s RIGHT HERE YOU FUCKING IDIOT >>15992576

>>15993094
Jesus what is your problem you fucking psycho?
Doing a really great job of convincing me to buy your bags

>>15993094
That isn't a screenshot of a bank website. That's just the same stupid image they have on the FTM website about smart cities - a complete horseshit concept.

>>15993094
Zar network has nothing to do with central bank of SA, dumb cunt. It's a private company with VC investors. Jus look it up on their web.

>>15993094
You have actually single handedly convinced me not to buy FTM after weeks of scoping it out.
Thanks for making me realise how bullshit these threads are. You have probably saved me a fortune

zar network are providing infrastructure for banks using fantom

simple really

>>15993083
Lmao nigger and sandnigger pump coming any day soon, phantom to the moon

>>15993070
They set monetary policy for CMR which encompasses 5 countries. If your fud is that a central bank controlling a monetary supply in the hundreds of billions is issuing on fantom is somehow not bullish because it is South African, then I don't know what to tell you.

It's about on-chain value vs the necessary network value to secure those assets.

I don't care if it's a south african bank, jp Morgan or the fed themselves who want to secure assets on fantom.

>>15993178
Listen, it is a SARB initiative which they are implementing through commercial banks with the infrastructure provided by zar.

As simple as that.

>>15993227
>>15993245
>>15993219
Yeah but wtf IS zar network though?
I could just make a website right now called EUR.org and make bold claims. It doesn't mean anything

>>15993227
sheeeeeiiiiit biz I’m getting Jibrel Network vibes

You have to wait, the website is linked to the Zar github

Fantom have issued a statement

we have been told that the stablecoin will be backed

>>15992797
How much fantom? Sorry, findom? I own absolutely fucking 0 dipshit.
Fucking Durgesh.

>>15993280
>>15993298
Zar network is a start up which developped a technological solution in direct response to SARB's EOI for the issuance of a legal tender digital rand.

Excuse my google links.

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.resbank.co.za/AboutUs/Departments/FinancialServices/ProcNew/Lists/News%2520and%2520Publications/Attachments/40/EOI%2520MR01-2019-0.pdf&ved=2ahUKEwiIi-7tpLDlAhWDxVkKHSypBykQFjAAegQICRAB&usg=AOvVaw39bAQIMrCGycumk38acjRD

And

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.resbank.co.za/AboutUs/Departments/FinancialServices/ProcNew/Lists/News%2520and%2520Publications/Attachments/40/EOI%2520DIGITAL%2520CURRENCY%2520-%2520Briefing%2520session%2520Questions%2520And%2520Answers%252014%2520May%25202019.pdf&ved=2ahUKEwiIi-7tpLDlAhWDxVkKHSypBykQFjABegQIAxAB&usg=AOvVaw1I5dgwFx17WF2cJmnWSXaZ

So SARB submitted an EOI and suppliers provided their solutions and they did internal testing and ZAR was selected.

>>15993370
Ok now this is good shit. Thankyou.
Where in the fuck did you get these links?

>>15993370
Inb4 not clicking that shit, here is a link to an article containing the EOI PDFs.

https://ventureburn.com/2019/05/sarb-central-bank-digital-currency-project/

>>15993396
It's on SARB's website. Public info.

>>15993083
>I sold 1 milion $ of LINK to FTM AND ONE
AHAHAHAHAHAAHHAAHAHAHAH

You are out of your line rajneesh you need to keep shills simple and believable

Fact you claim you are are in link since start but: >there is 0 chance you held since 2017 during fud and lows and still use mcap meme fud
>0 fucking chance someone is not tech illiterate and hi iq to get huge link bags and sell them for absolute IEO scams like ftm and one now after 2 years

"One" part got me hard my fucking ties

>>15993423
Do you know when they released that info/when did you first discover it? I want to know if it predates the South African Risk analyst LARP on here or if he could have seen that and then based off that started all of the shilling

>>15993445
This EOI was submitted in May.

Andre Cronje who has been developping Zar network is South African himself and has connections in the banking sector there.

>>15993445
Issue date 29 April 2019
Closing date 6 June 2019 at 11:30am

Its in front of linked documents, expression of intrest is public document and you are digging to hard anon use logic and think who bilds future monetary infrastructure of continent on project with shady past and no mainnet?

>>15993481
>>15993510
Damn. That means it predates the information supposedly leaked by the 'Risk Analyst'.
That doesn't necessarily mean it's bullshit, it just means he didn't leak any private information. That means he was probably LARPing. That means this whole FTM hype comes from basically nothing unfortunately.

>>15993567

6m ago same shitty insider larp happened around "dubai insider" so duuuhhh

Heres protip:
>dubai mention =its a scam
>central banks on board=its a fucking scam

Or you could like sjut open ftm telegram and notice HALF OF FUCKING INDIA IS THERE

gl on your journey

btw trips for truth kek wills it

>>15993595
Yeah. I'm a bit sad now though. I was quite excited about putting my money behind it, and now I'm back at square one with no idea what to invest in.
Perhaps I'll buy Ethereum again. It is pretty cheap atm

>>15993567
>>15993595
>>15993633
Lmao ok guys... you're too smart. It's definitely all fake.

Or maybe, Andre isn't a fucking liar and what they say they are working on is actually happening?

In any case, put your money (or don't) where your mouth is and see who bet right.

>>15993595
Those indians are unironically smarter than you as they have correctly identified a good opportunity while you are unable to do so.

>>15993722
>Those indians are unironically smarter than you as they have correctly identified a good opportunity while you are unable to do so.

>Those

>>15993749
These* Pardon my phone posting auto-corrections.

Glad you were able to decipher the meaning, though.

>>15993722
All I'm saying is that this means the Risk analyst guy was LARPing. And that was the cause of a LOT of the hype. So it does to me that it's built solely on rumours. That doesn't necessarily mean nothing is going to happen it just... definitely seems a lot dodgier.

>>15993774
I dont mind spelling
I ment calling them "these" is disrespectful to your family

>>15993782
Yeah the risk analyst guy was always a larp. But the info being put out by Fantom and zar matches the EOI. Fantom's reputation zar members reputations are done if they made something up for a bit of attention in a bear market where nothing pumps. I somehow doubt that's the case

>>15993782
How does it mean he was larping? He said the coin will be released by eoy and probably by eom

>>15993797
Kek

>>15993809
Yeah their reputations are at stake but unless they've done a lot I haven't heard of (which is definitely possible) then they have nothing to lose.
Are these famous companies that have a big reputation at stake? Genuinely asking. I've never heard of either aside from on biz.

>>15993811
Well because the information he "leaked" was already available publicly. So he didn't leak anything.
He probably just read that information linked above and then claimed it was insider info.
Alternatively both could be true. That it's publicly available AND he really did get told by his boss and he just doesn't know it's publicly available. But that seems unlikely.

>>15993997
It doesn’t mean it was necessarily a larp: he posted proof he was in South Africa, that is for sure

>>15994184
That's true but all the hype was built around his information being secret in some way but it in fact never was so it's kind of irrelevant whether or not he was telling the truth.
The info was always available so biz wasn't ahead of the trend

>>15994455
It’s just fucking nuts to me that XRP is a 10bil market cap coin, and has no confirmed bank partnerships, here as fantom is 20MIL and actually has an extremely strong possibility of being imminently adopted

We’re going to get a 1000x return in this coin within a year

>>15992249
>traditional currency
>backed

that's like saying my new crypto is backed by e-gold
if the asset your backing with has no back either, then neither do
retarded project

>>15995383

>>15995383
Lol

>>15995383
It's backed with the national currency of south Africa

>>15992825
clients aren't tho