/biz/ - Business & Finance

>>19303340
>So, in order to buy or sell BTC, you need at least 2 or 3 verified forms of ID on any reputable website. If you try and hide finances from a court, the process of financial discovery will get you called out on it and you'll face jailtime for lieing and hiding finances. It can take several hours for a transaction to go through. I think any banking company can cut that transaction time in at least half, if not more. BTC has been in a bear market for more then 2 years. Google's quantum computing project has said publicly that they could probably use it to crack the encryption code to BTC. Donald Trump says BTC is stupid. Warren Buffett isnt investing in it. 99% of altcoins are scams that die within the first major media coverage. The major hype cycle for BTC already passed. The money flows are heavily manipulated by degenerate gamblers on BitMex. And the only thing that the currency would actually be used to pay for is illegal drugs, KP, or money laundering that isnt going to stop any judge or lawyer in the world from sending you to fucking prison. Cant even buy ramen noodles without several hours wait time. Not to mention, it costs nearly $10,000 for a single one of these, and there are currently 18 MILLION of them in existence. You pay transaction fees of 7%.