/biz/ - Business & Finance

[Anonymous No.28098406]

>process billions of payments a day
>payment takes 0.00001 microseconds
>don't cost like 5 nuclear reactors a minute to run the infrastructure
>easy refunds for frauds
>available everywhere
tell me again why we need blockchains which take 6 minutes to approve a transfer and cost 150$ in gas fees to do it?

[Anonymous No.28098545]

>>28098406
t. retard

[Anonymous No.28098671]

>>28098406
Because blockchains are decentralized unlike your jew-controlled VISA and other legacy companies

[Anonymous No.28098755]

>>28098406
we dont
most of us know it
it's just casino on the back of pajeets thinking they'll revolutionize a field that will only need innovation when Earth-Moon / Earth-Mars transactions will be a thing.

[Anonymous No.28098779]

>>28098671
>I want to yell "heil hitler" on twitter
>wtf what do you mean my card has been rejected? reee

[Anonymous No.28098795]

Jesus "who's face is on it?"
Me "idk some nigger"
Jesus "Then it's not current throw it away"

[Anonymous No.28098812]

>>28098406
we don't

they day defi can outperform centralized finances we might actually see some value

Only reason people are buying in now, is because they think ETH will be the one to beat centralized finance, but as we can see, they cant fucking scale at all, absolute dogshit.

Fantom solves the gas fees, but can it scale?

Find out on crypto electric bogaloo 2021

[Anonymous No.28098843]

>cancels account because you voted for Trump

[Anonymous No.28098866]

>>28098779
>I want to yell "heil hitler" on twitter
Yes.

[Anonymous No.28098899]

>>28098671
>Because blockchains are decentralized
https://www.blockchain.com/charts/pools

[Anonymous No.28098932]

>>28098843
>loved dictatorship
>complains when dictatorships shuts him down

[Anonymous No.28098966]

>>28098406
ahh yes let me go to my bank and send my mom 20k so she can pay off her debt, HEY GOY YOU CANT SEND ALL THAT MONEY AT ONCE WITHOUT TELLING US

[Anonymous No.28098973]

were your hands rubbing as your created this fiverr post for visa?

[Anonymous No.28099041]

For now

[Anonymous No.28099042]

>>28098966
seems like there is no problem in declaring you are sending your mom money for help

[Anonymous No.28099086]

>>28098755
u cant pass the ionosphere retard. ur whole life is a lie. watch dark city and cry about it.

[Anonymous No.28099123]

>>28098406
blockchain is literally deprecated 2012 tech

[Anonymous No.28099151]

Visa is a senior payment and Bitcoin/Ethereum are junior noobs coins, give It time to grow and learn some new skills

[Anonymous No.28099275]

>>28098932
Talk to a therapist please

[Anonymous No.28099278]

>"How much is the Ice Cream? I'd like one"
>"Oh sir, it's $2 and we accept payments on these [...] cryptocurrencies!"
>pay $2 for the ice cream
>pay $150 more for the gas fee for the transaction
>transaction doesn't go through
>"lose" more $1 because someone pumped the coin 1 minute after
>get arrested for not paying the ice cream
>pay lawyer
>end up losing $1501 dollars and couldn't taste the ice cream
fuck

[Anonymous No.28099302]

>>28098406
it's not only about payments, it's about tokenizing everything!

[Anonymous No.28099371]

>>28098406
well thats the big problem with current blockchain tech isnt it. we need quantum computers like yesterday

[Anonymous No.28099425]

>>28099042
have you ever tried sending a big amount of money to anyone? its not declaring, its paperwork, and takes days for it to go through

[Anonymous No.28099490]

>>28098843
>Things that never happened for $5, Alex

[Anonymous No.28099495]

>>28098866
based and redpilled
>>28098779
cringe and brown pilled
I want my money to be mine, not be 1s and 0s on some jews' servers.
>inb4 bitcoin is 1s and 0s on chink servers
mathematically secure where i control my 1s and 0s with my keys.

[Anonymous No.28099523]

>>28099425
so you think your mom will have an ETH wallet, be able to be on a CEX and cash out the ETH, then pay the capital gain tax, and finally get her money?

is this the world you want? lol

[Anonymous No.28099591]

>>28098406
If you don't like BTC simply don't buy it

[Anonymous No.28099804]

like saying that a fax machine is superior to the Internet in the 90s

[Anonymous No.28099849]

>>28098406
You know visa will be taking crypto soon right? They announced it last week

[Anonymous No.28101187]

>>28098406
As the name says VISA is an authorization for passport and entrance.
And MASTER Card is like the cards the masters gave to slaves in a plantation to buy from their own allowed establishments as coupons.

Bitcoin is not about money it is about freedom and freedom wins.

[Anonymous No.28101350]

>>28098779
My family had to flee nazi germany and due to capital controls they had to move to a fucking jungle in south america as they only could take some valuables in gold hiden.

Get fucked commie , panopticon will be smashed.

[Anonymous No.28101410]

>>28101187
autistic people are the most susceptible to propaganda
>sonic
>mario
>gme
>chainlink

[Anonymous No.28101571]

>>28098779
>Suggest we shouldn't cut off child's penis and give him female hormones
>get bank account closed
This is the future we're going to get

[Anonymous No.28101716]

>>28101350
>hitler
>commie
>we had to flee with our jewgold

[Anonymous No.28101737]

>>28101571
>>>Suggest we shouldn't cut off child's penis
not an issue in Europe

[Anonymous No.28101752]

>>28099425
>what is a check
>what is cash
>what is western union
>what is a card to card transfer (netspend etc)
>what is paypal
>what is google payments
>what is cashapp
You are stupid

[Anonymous No.28101825]

>>28101410
Nonsense, normieshit are that, autists are easy to fall into cult thinking but not propaganda.

Normieshit with daddy problems want a big fascist state and normieshit with mommy problems a big globohomo welfare state.

All to compensate their lack of divine spark and willpower by becoming part of a suicidal group thinking like the normieshit praising experimental mRNA vaccines on reddit and justifying the weird symptoms that no other vaccine ever had.

If you think that autists are suseptible to propaganda look at poltards they are literally ancaps in denial now, they went from being fascistcucks to the biggest anti lockdown, anti state force in a year.
The only ones still shilling for statist crap are either glowniggers or boomer retard the rest are accelerationist now..

[Anonymous No.28101834]

>>28099490
is there anything more nasty than a coalburner?

[Anonymous No.28101831]

>>28098843
You were never gonna make it in a first place

[Anonymous No.28101881]

>>28098406

Get in CLF

[Anonymous No.28101980]

>>28101752
Are you retarded? Try transferring 1M to someone using paypal.

[Anonymous No.28102019]

>>28098406
because if Visa wants to not let me make a payment and/or they want to deplete my banking account for whatever fucking reason they come up with, they can. They hold all the power. Too centralized to continue as such

[Anonymous No.28102039]

>>28101716
fascists and commies are two sides of the same coin ones with daddy problems others with mommy problem.

This is why places like germany or russia have not changed that much, to some level it's a cultural thing, now the polarities inverted, and germany has mommy problems and russia daddy problem.

[Anonymous No.28102049]

People are fucking stupid that's why.
When you use crypto to make a purchase you have to document it, since it's a taxable event.
Not to mention Gas fees.

So you lose money using crypto to buy things. Use crypto what it wasn't intended for but was best at, scamming people out of their money. Buy low and sell high

[Anonymous No.28102053]

Buy Nano, instant and feeless.

[Anonymous No.28102108]

>>28098406
https://news.bitcoin.com/visa-system-banks-cryptocurrency-services-buying-trading-custody-bitcoin/

[Anonymous No.28102151]

>>28102039
>fascists and commies are two sides of the same coin

[Anonymous No.28102231]

>>28098406
use dash

[Anonymous No.28102275]

>>28098406
XLM does it better. Fuck off

[Anonymous No.28102339]

>>28098406
Because the money itself still takes days to move around. You aren’t buying things instantly with your card you’re giving them an IOU for three days later.

[Anonymous No.28102369]

>>28101825
no, autists are specifically susceptible to propaganda. their inability to think in nuances make them easy to manipulate. while the message and even the manner is going to differ to propaganda directed at normalfags, propaganda directed at autists work just well
again, case in point: chainlink. most of this board unironically think they found a gem on their own rather than the carefully orchestrated "grassroots" 4chan campaign sergey put together

[Anonymous No.28102394]

>>28101980
>implying you or anyone else on this board will ever send a million dollars to anyone
>asks someone else if they are retarded
you are stupid

[Anonymous No.28102400]

>>28101881
what is CLF's EOM?

[Anonymous No.28102401]

>>28102151
yes.png

[Anonymous No.28102516]

>>28098779
>want to yell "heil hitler"
kys racist piece of shit

[Anonymous No.28102522]

>>28098406
>make billions of dollars off interest rates, have to pay billions to keep your payment network running

[Anonymous No.28102525]

>>28102394
you are never gonna make it, I'm sorry

[Anonymous No.28102586]

>>28102151
Hitler was a keynsian, Mussolini was a keynsian, the fabian society is keynsian , the socialist international is keynsian.

The events of the 1930s are just a revolt against central banks aka the fed causing a deflationary event worldwide artificially to justify the creation of even more central banks.
The commies solved it by gulaging everyone and do force labor to build infrastructure, the fascists by forcing corporations to do the same via monetary means.

Both systems are pretty similar , facsism is better but it's still an inflationary system that destabilizes by itself and has to go to war eventually or increase tax levels to insane numbers causing a demographic collapse.

That or artificially keeping food prices down to hide the inflationary pressures which is basically the same shit the commies did just once again by monetary means instead of stealing from farmers.

[Anonymous No.28102603]

>>28098406
>send a bank wire
>sorry goy, that's $30 for a wire fee
>send an ACH payment
>sorry goy, takes 1 business day minimum
>send money on a weekend or a holiday
>sorry goy, 9:00 AM - 5:00 PM business hours with 10 holidays a year
>put it in a savings account
>here you go goy, 0.1% interest per year

[Anonymous No.28102631]

>>28102525
>being this stupid
>thinks he will make it
you are stupid

[Anonymous No.28102658]

>>28099278
kek
the fucked up part is there are cryptos where transfers are less than a cent and almost instant, but everyone calls them shitcoins

[Anonymous No.28102720]

>>28102394
There was an anon with a verified $40 million yesterday

[Anonymous No.28102784]

>>28098779
they control your funds, they can do whatever the fuck they want once your money is on these cards. Literally nothing to do with hitler nignog

[Anonymous No.28102790]

>>28102658
XRP is based and the Flare Network will kill ETH

[Anonymous No.28102797]

>>28102369
I think full blown autists are pretty different to aspergers.
Maybe you are right about full blown autists but as a total sperg i can tell you i think on nuances in fact thinking on frameworks and base law it's my strength.

As for linkies yea i give on that one but once again anyone autistically enough can see the clownification of the world and that in a world of easy money something like link was worthy.

I did not invested in it but seeing dogecoin go up it's clear that any crap can go up in a world of insane QE infinity.

[Anonymous No.28102831]

>>28102603
>what if you need to transfer money from the NASA space station to grandma so she could buy 100k of crack at midnight on a saturday? Can your bank do that?
>he checkmate bankie
you are stupid

[Anonymous No.28102842]

>is controlled by a handful of jews

[Anonymous No.28102922]

>>28102720
Yah he didnt send it as a gift moron, he sold it

[Anonymous No.28103003]

>>28098406
Because the remittance blockchains are only second to VISA and superior to paypal in terms of transaction time. Visa been around for so long and reached net worth of over 400 billion so it has the better infrastructure no doubt. You're kind of a nigger for conflating layer 1 ETH with VISA though.

[Anonymous No.28103017]

>>28102400
-$99999999999

[Anonymous No.28103070]

>>28098406
Yeah your a poor wage slave why would you care about a bank reporting every deposit that enters your account so Uncle Sam can get his cut. Also if you don’t mind coordinating with a bank when you need a large withdraw so they can make you file paperwork so the government can track what your gonna do next with it. I’m sure staying a wage slave your entire life is the meaning to all this. Why the fuck do you happily deposit your money to a group of people who instantly spend it for their own profits? You are giving them free stake essentially for that juicy .02% apr. how fucking cucked and clueless can you get

[Anonymous No.28103081]

>>28102516
niggers are seething, kek

[Anonymous No.28103086]

>>28098406
So if you had a feeless decentralized system that could match tps, you would go for that route?
T. research guy

[Anonymous No.28103135]

>>28102831
bitcoin takes maybe 30 minutes. ACH takes 1-2 business days, with non-business days representing about 29% of the week.

crypto is shit in some regards but the jew banking system is much worse. this is why 1 bitcoin is worth $40,000 while the value of fiat becomes worth less and less with each passing day.

[Anonymous No.28103143]

>>28102658
Because they'll stop working once a significant number of people use them. Shitcoin peddler.

[Anonymous No.28103161]

Digital Yuan will also fuck up crypto currency

[Anonymous No.28103257]

>>28102603
>sorry goy when need several more additional documents from you to verify your identity which will take weeks because we're going to be redundantly nitpicky about irrelevant details like the DMV especially if you live rural
Add KYC in there

[Anonymous No.28103261]

>>28098406
>process billions of payments a day
Processes less than blockchain can
>payment takes .00001 microseconds
Nope. Takes minimum 24-48 hours. The card company takes on risk (and losses) for lending the money, as many charges are fraudulent or can't be completed ultimately for various reasons.
>easy refunds for frauds
You're thinking card companies care if it's easy for you more than if they're making money off of it. Fraud is a cost, and that cost is billions of dollars. Eliminating fraud with quicker transaction times is a win-win scenario.
>available everywhere
So is blockchain
>$150 in gas fees
Literally just ETH, and that's still arguably cheaper than the thousands of people they have to employ to combat fraud and run processes to ensure money winds up where it's supposed to.

I think your post is likely satire, but still: Shut the fuck up, retard.

[Anonymous No.28103312]

this thread shows just how delusional and retarded crypto enthusiasts are.

Crypto is a ponzi scheme period you delusional fucking retards. If it was useful for anything there would be businesses making money off providing that service for you.

You people are donkeys and it is amazing something exists for people as retarded and clueless as you are to make decent money. Thank the gods you were given an opportunity to swindle people this easily that are dumber than you. Your meme tokens will be anything other than meme tokens and you will lose everything thinking they will

[Anonymous No.28103369]

>>28103161
Why don’t you explain instead of repeating what you hear or see? People like you never grow because your too lazy to look for real answers

[Anonymous No.28103401]

>>28102586
Finally some big brain talk. Fucking collectivists and their shitty monetary policies are gonna be the death of us.

[Anonymous No.28103418]

>>28098671
By definition, there can be no true peer-to-peer network, since any system, by definition, is created by the few for the many. Such creators have enormously advantages in any system so constructed...and nature teaches us that those endowed with such advantage will exploit fully from the many to the benefit of the few.

We’re seeing this right now with ETH

[Anonymous No.28103430]

>>28103135
OMG I NEED TO SEND LARGE AMOUNTS OF MONEY WITHIN A FEW MINTUES LIKE EVERY OTHER DAY I NEED A PRODUCT FOR THIS!

If you werent poor you would already know how to do this. Poor people dont need to do this so your point is in fact ....pointless. You are stupid

[Anonymous No.28103471]

>>28102603
>>here you go goy, 0.1% interest per year

it's going to be negative soon and already is in places in europe.

[Anonymous No.28103491]

>>28101752
>>what is a check

[Anonymous No.28103519]

>>28103312
hi peter schiff a little salty today Elon announced his BTC fund? Yeah I don't blame you. You can sincerely fuck off this board now. None of my niggas like peter schiff.

[Anonymous No.28103524]

>>28103312
Retard, keep sucking by your thumb. You are the equivalent to old men who bury their life savings under their mattress.

[Anonymous No.28103615]

>>28103257
>I-IS THAT A DEPOSIT FOR MORE THAN $10K (NOT INFLATION ADJUSTED)?!
>OY VEY, ALERT THE AUTHORITIES!
>YOU ARE CLEARLY A DRUG DEALER OR A TERRORIST!!!!

[Anonymous No.28103625]

>>28099490
>how to make incels jelly

[Anonymous No.28103639]

>>28103430
It’s about decentralization you complete fuck twat. I understand your wage makes you happy. Please let us tend to our epic scams and shit coins. Your only here to reaffirm your own beliefs that this is all just so dumb and worthless. This is the beginning of something beautiful

[Anonymous No.28103674]

>>28103524
>>28103519
see in the welfare line on the local tv news someday retards

[Anonymous No.28103686]

>>28098406
>payment takes 0.00001 microseconds

go look at your online statement and see how many "pending" statuses there are

[Anonymous No.28103710]

>>28103369
Why are you Chinks so scared?

[Anonymous No.28103745]

>>28103686
only in america

[Anonymous No.28103765]

>>28103639
>REEEEEEEEE STOP BUSTING MY DELUSIONS
you are stupid and will die poor

[Anonymous No.28103781]

>>28103674
Federal reserve is already discussing a fiat coin based block chain. Just shut the fuck up and die alone.

[Anonymous No.28103837]

>>28103086
>So if you had a feeless decentralized system that could match tps, you would go for that route?
>T. research guy
I'd still stay on Visa/MC until normies could accept my money

[Anonymous No.28103880]

>>28098779
i mean, you are actually ok with denying basic financial services to someone because they used a no no word?

[Anonymous No.28103912]

>>28098406
>tell me again why we need blockchains

Because credit cards are starting to selectively block people from using their platform. Namely conservatives who's ideals don't align with their own.

[Anonymous No.28103946]

Memecoins will only become important when they implement all these stuff plus being 100% anonymous. In the end people just want to transfers money without government annoyance.

And no government on Earth will allow that. So yeah, memecoins will never be a thing.

[Anonymous No.28103950]

>>28098406
Because visa can deny your transactions because you're on 4chan and has been now identified as a domestic terrorist

[Anonymous No.28103954]

>>28098779
>i want payment processors to dictate my behavior in a world of increasing authoritarianism

[Anonymous No.28103983]

>>28102151
yup. only a reddit tier moron would argue that all attempts at establishing communism haven't been completely totalitarian.

[Anonymous No.28104003]

>>28103418
This, blockchain utopic retards are fucking cringe.

[Anonymous No.28104059]

>>28103946
>when they implement all these stuff plus being 100% anonymous
They already do though? Yeah gas fees are high now, but that's being fixed

[Anonymous No.28104107]

>>28103686
>go look at your online statement and see how many "pending" statuses there are
zero?
I'm in Europe

[Anonymous No.28104115]

>>28103781
Yes and you are so stupid you think that is good thing rofl.

q. it completely destroys the argument you already made about "decentralization" which you dont even understand and just repeat like the moron you are because you were told it is something good (but you dont really know wtf it even means or why it would be good obviously).

2. The day it comes out your meme tokens go to zero and all dissapear. As I said you are stupid and will lose everything because you dont have the first clue how the financial system really works.

[Anonymous No.28104124]

>>28098671
>muh decentralization
>muh jooz
>continues to pay taxes in USD enforced my police and army paid in USD
>continues to not be able to avoid paying such taxes to buy real state, land, stocks or any other relevant investment that isn't autistic amazon giftcards

Retarded 0 fundamentals bubble.

[Anonymous No.28104195]

>>28098406
Give BTC 50 years and watch what happens faggot.

[Anonymous No.28104200]

>>28103880
>i mean, you are actually ok with denying basic financial services to someone because they used a no no word?
I'm ok with much worse for much less

you would too if you were a real fascist
but you're just a meme larper who hates niggers online

[Anonymous No.28104259]

>>28103954
>I want to get killed if I don't follow Goebbels propaganda
kys

[Anonymous No.28104271]

>>28098406
>huge transaction fees
>every transaction is public info
>limit on how much you can spend and where you can spend it
>oops we locked your account for attending the wrong political protest

[Anonymous No.28104340]

>>28104124
We are sitting here giving them an education about things they are to stupid to figure out on their own and they get angry about it and lash out at is rofl.

This is why I hate stupid fucking people and rarely try to do anything for them. They are like a drowning dog you try save and get bitten for your troubles. Fucking idiots deserve what they get.

[Anonymous No.28104342]

>coin delusionals are nazis
figures

[Anonymous No.28104345]

>>28103312
>He doesn't know FIAT is the biggest meme

[Anonymous No.28104383]

>try to pay a few grand for something using Visa Debit, have over 50k in account
>declined
>have to call Pajeet Sundar in Delhi to get permission, while standing at the counter, takes at least an hour
Yeah, nah, fuck retarded centralized systems.

[Anonymous No.28104443]

>>28104345
I was the one that came here and taught you morons it is a meme, nice try bud.

[Anonymous No.28104447]

>>28104200
Wait so if I say "nigger" I shouldnt have rights? lol

[Anonymous No.28104453]

>>28098779
This has never happened.

[Anonymous No.28104464]

>>28104383
>>try to pay a few grand for something using Visa Debit, have over 50k in account
>>declined
get a better card

[Anonymous No.28104509]

>>28104059
No. Most exchanges do KYC bullshit and need to comply with a lot of government stuff.
The transaction itself is "anonymous" but they can easily know from which address they came from, and who funded that address.

[Anonymous No.28104539]

>>28102922
No he paid off his dads mortgage and debts

[Anonymous No.28104544]

>>28103625
Joke's on you, I'm gay

[Anonymous No.28104578]

>>28104447
you want freedom but you don't want consequences

fun fact: freedomtards are all about "muh private proprierty/company" until private companies do what they want and shut them down, then they cry to papa govt

[Anonymous No.28104584]

>>28098545
>t. retard

says the literal retard

[Anonymous No.28104599]

Oh well learn the hard way then fucktards, it is the only way idiots learn anything any way.

[Anonymous No.28104631]

Blockchains can eventually do it at the same speed without having to pay a sysadmin to run it.

[Anonymous No.28104661]

>>28104453
Yet

[Anonymous No.28104681]

>>28098406
We are spending massive amounts of energy so that we can protect a digital bearer asset from inflation or manipulation.
TPS is not the end goal. We are protecting the sacrifice of our labor and time from debasement. Centralized services built on top can provide scaling. Blockchains do not scale worth a shit unless you sacrifice something to do so.

[Anonymous No.28104710]

>>28104539
oh he sent those people Bitcoin? The bank took bitcoin for a mortgage payment?

You are a fucking imbecile and should kys

[Anonymous No.28104730]

>>28098406
my bank account is loked cause forgot to
compile a form (((they))) say I had to compile,
cannot pay electricity bill, house will be cold,
my child will freeze and will die for $254.87 bill

[Anonymous No.28104752]

>>28103491
kek

[Anonymous No.28104758]

>>28104443
And yet you still don't realize BTC is the deflationary hedge against the FIAT dumpster fire?

[Anonymous No.28104754]

>>28104730
I'm glad!

[Anonymous No.28104825]

>>28098406
buy NANO

[Anonymous No.28104826]

>>28104464
I can charge a brand new Porsche on my Amex

[Anonymous No.28104908]

>>28102039

Capitalism and Communism are two sides of the same coin. Do you even Evola

[Anonymous No.28104928]

>>28102586
why dont you ever see kids in these photos. its always older men in suits women in dresses. were kids not allowed here?

[Anonymous No.28104966]

>>28098406
>centralized
>not fault tolerant
>non fungible

[Anonymous No.28105012]

>>28098406
i think processing times will be faster
and crypto is decentralized and can't be inflate more than is coded into it

[Anonymous No.28105013]

>>28104758
this fucking meme again rofl. I'm not going to explain for the 100th time why this isnt true here. You are on your own mate. I hope you make good gains. When you do cash out and buy gold or silver or other commodities and maybe some day you will be able to thank me for this advice

[Anonymous No.28105027]

>>28104966
>>not fault tolerant
good luck bringing down mastercard worldwide

[Anonymous No.28105034]

>>28098406
get out of my board you fucking kike

[Anonymous No.28105097]

>>28098406
what do you thing visa's servers run on?
also transactions aren't settled until 2 days later, and there's a lot of energy, time, and man-hours wasted during that process
also solar powered mining farms (Layer1)
oh, and btc mining could make energy transfers from remote natural sources profitable

[Anonymous No.28105151]

>>28105013
t. seething nocoin boomer

[Anonymous No.28105160]

Because XRP can do all of those things but better

[Anonymous No.28105185]

>>28098406
>increases supply by 20% in one year
>hehe printer goes brrrrrr
Fuck off

[Anonymous No.28105255]

>>28098545
fpbp

[Anonymous No.28105276]

>>28105160
>Because XRP can do all of those things but better

* dumps *

[Anonymous No.28105297]

>>28105027
a chain is only as strong as its weakest link, mastercard is controlled by a central entity therefore it is vulnerable to a variety of attack vectors.
it's like if a pow blockchain is entirely controlled by one mining pool, everything is good until one day it isn't.

[Anonymous No.28105359]

>>28102516
you have to go back

[Anonymous No.28105367]

>be OP
>process billions of (You)s a minute
thanks guys

>>28105297
again, good luck trying

[Anonymous No.28105456]

>>28104710
He could have.

[Anonymous No.28105484]

>>28104966
>centralized
what happens when bitcoin nodes are 100% controlled by corporations and governments?
>not fault tolerant
the GL is no more fault tolerant than the hundreds of backup servers run by banks
>non fungible
by definition it is

[Anonymous No.28105492]

>>28098779
>I want to yell "heil hitler" on twitter
ignoring the stormfags, you're seriously cucked if you want to do finance through banks.

[Anonymous No.28105508]

>>28098406
>gas fees
Smh just use a bicycle or take a bus

[Anonymous No.28105516]

>>28104908
Capitalism is not a political ideology, capitalism is a natural construct p2p that happens organically.

What many of the fascist thinkers called capitalism was the western central banking and finance system that caused the deflation of the 30s.
From their point of view this was caused to trigger communist revolutions worldwide when any looking back at history it's now clear that it was caused to create even more central banks in this fascist welfare state dystopia we live now.

Fascist was one of the reactions to this shit and to some degree so was communism.

If people even looked back at cost of living in the early 1900s and updated them for inflation they would want to rope as they realize we are literally slaves now.

>>28104928
Western societies were more organic and as a result they were better organized in organic ways.
The centers of the cities used to be for working and suburbs for living most of this retro pics are from urban centers were people worked.

[Anonymous No.28105592]

and now OP, you see that BTC's only value proposition is a store of value, not a P2P currency.

aka
meme

[Anonymous No.28105611]

>>28102603
>send a check
>sorry goy have to wait for shaquisha at the post office to hand filter your mail
>arrives 2 weeks later
>another week for payment to clear
>over a month to receive your goods

[Anonymous No.28105654]

>>28098406
The purpose is to provide a decentralized solution to the doublespending problem. The inability for refund/insurance on fraud will likely keep it permanently kneecapped as an everyday solution, though. The second it becomes clear to the public that grandma can't get back the buttcoins she gave to that nice Nigerian fellow, they'll drop it. Bitcoin, and all other non-inflationary cryptos' futures exist as stores of value. Dogecoin has a better chance of replacing credit/debit than BTC. In an ideal world you'd keep BTC/ETH, etc in a wallet and then trade out for fiat or inflationary crypto, or just borrow against your holdings for credit, and then buy stuff using anything but the deflationary currency - just like how you dont barter for a PlayStation with a gold bar.

[Anonymous No.28105695]

So OP is a faggot once more. If he tells me where he lives I'll pay him a visit because I'm a sick maniac.

[Anonymous No.28105702]

>>28104124
Imbecile tier thinking , rome collapsed due to having much soldiers and a big state.

That's not a plus but a liability specially on a world were people can take their wealth in crypto to better states.

[Anonymous No.28105732]

>>28099490
That virtue signalling coalburner checks all the fucking boxes. Jesus

[Anonymous No.28105737]

>>28098545
fpbp.
>>28098406
>save the banks! we need to protect them because they provide a great service to the world.
Bankers can learn to fucking code like the rest of us. Scum of the earth.

[Anonymous No.28105846]

>>28099523
Boomers will be dead soon. So whatever mommu does is irrelephant.

[Anonymous No.28105870]

>>28102400
This guy is down like 400K and trying to pump it back up so he can dump

[Anonymous No.28105938]

>>28101825
You'd suck the dick off the vaccine if they just made it moe you autistic tard.

[Anonymous No.28105955]

>>28105367
i don't need to, mistakes will always happen
https://www.independent.co.uk/life-style/gadgets-and-tech/news/visa-card-payment-down-mastercard-not-working-broken-payment-shop-a8379381.html

as I said, everything is fine until one day it isn't and then it's chaos. no centralized entity is perfect therefore there's no reason to use one over a decentralized alternative once the differences are ironed out.

[Anonymous No.28105986]

How no one even mentions Arbitrum has solved the scalability issue tells me how low iq this board has gotten.
It will go live any day now, and LINK will rip. And all we'll see is LINK posts.

I'm not crying, you're crying

[Anonymous No.28106141]

>>28105986
Tell me more. Where do I find it?

[Anonymous No.28106188]

>>28104730
The aml/kyc jannies deserve the rope, on 1969 when apollo 11 landed on the moon the biggest cash usd bill was the 10k thousand dollar bill.

A house was worth 23k, so inflation adjusted the biggest usd CASH bill would be worth around 190k usd now.

190k usd on CASH a single bill, meanwhile they are closing accounts for 200 dollars now and i know you are not larping because i suffered the same shit here.

[Anonymous No.28106192]

>>28105276
Yeah its a stable coin but literally the only thing that can process huge transactions with tiny fees
literally no other crypto can do that maybe besides nano

[Anonymous No.28106206]

>>28103418
Did you learn this in Marxist theories class? P2P literally distributes resources much more equally among users, it's like having a coin with 40% team coins and then having a coin with 10% coins and saying there's no difference
Kike

[Anonymous No.28106290]

>>28103418
By definition of the catholic church in the middle ages the earth is the center of the universe.

[Anonymous No.28106422]

>>28104453
Not exactly like that, but Mastercard has threatened companies like Patreon to completely revoke access to payment processing unless they cease doing business with specific people or entities on moral or ideological grounds.

[Anonymous No.28106471]

>>28104578
those guys were kicked out of the main social media platforms, and yet you still can't stop crying about them. They build their own platform and you are still trying to get them de-platformed even though you literally don't have any obligation to listen to them. All you have to do is to let them live their own weird ass lives. but you can't even do that. so yeah, I would side with the "freedomtards" every single time I can, against morons like you who just want power for the sake of power.

[Anonymous No.28106677]

>>28105484
i didn't even bring up BTC, I agree that the implementation is flawed and mostly monopolized by ASIC farms, which is okay because its the very first try.

and do you really think the banks have more servers than there are miners? that's pure delusion, not to mention the disconnected nature of the individual miners means even a continent-wide outage is unlikely to wipe them all out. not to mention hardware redundancy doesn't protect from software bugs or deliberate malicious behavior.

also how is it non fungible? accounts can be frozen, funds can be tainted and tracked. this is by definition non fungible. keep in mind BTC is also non fungible because of all transactions are public.

[Anonymous No.28106693]

>>28104730
You love to hear it

[Anonymous No.28107283]

>>28106677
>do you really think the banks have more servers than there are miners? that's pure delusion
not while mining is active
but Bitcoin is a great example of the point when mining is only done by people who have an interest in processing transactions, not people who have an interest in receiving currency
is your plan to keep creating shitcoins for people to perpetually mine? sounds like a massive ponzi scheme for me
remember: the only value crypto adds is its ability to process transactions

[Anonymous No.28107306]

>>28106206
I never said there was no difference, no need to get all upset. I simply said that no true p2p system can ever exist. You can find ways to cope though. Even you’re admitting that the system is still flawed, but that’s fine since it’s better than the current structure. May I remind you that theoretically satoshi could dump the price of BTC any time he wants?

[Anonymous No.28107529]

>>28104578
zero iq

[Anonymous No.28107608]

>>28106290
Well maybe one day we’ll get out of the middle ages

[Anonymous No.28107643]

>>28107283
no, the plan is to move away from BTC and make something better. nothing is right on the first try and these various doomsday scenarios are well known by those developing the tech.

take a look at all the new solutions proposed to the byzantine general's problem and the various new alts that use non blockchain based ledgers. the tech still has a long way to go and BTC will be forgotten eventually, just as real currency has changed over time.

[Anonymous No.28107699]

>>28106141
https://youtu.be/kxYq1GwzNcI

quick watch. Arbitrum has SOLVED eth's scalability issue.
btw this is the ex White House CTO speaking.

[Anonymous No.28107815]

>>28098406
Okay, enjoy your peasantry.

[Anonymous No.28107857]

>>28107699
They've already ported Uniswap onto testnet, it's called Arbiswap.
The game will change very soon, just wait.

[Anonymous No.28107863]

>>28104345
>b-b-but what about!!

[Anonymous No.28107961]

>>28107643
This

[Anonymous No.28108224]

>>28098406
the taxman will know

[Anonymous No.28108359]

>>28104730
>my bank account is loked cause forgot to
>compile a form (((they))) say I had to compile,
this is like complaining you got a 0 on your homework because you forgot to hand it in

I don't like banks in general but this is just retardation on your part

[Anonymous No.28108400]

>>28098406
XRP not needed kek

[Anonymous No.28108577]

>>28098545
fpbp

[Anonymous No.28108598]

>>28104730
Why did you choose to do business with them? Did they not state these repercussions in the terms and conditions? If they didn’t you might be able to take legal action. If they did then you did agree to it.

[Anonymous No.28108767]

>>28107643
so then BTC is a massive hot potato bubble that will leave millions penniless?

[Anonymous No.28108946]

>>28098406
you must be retarded lol

[Anonymous No.28108976]

>>28108767
depends on whether a solution to the tragedy of the commons is found before the block rewards go to nothing. we've still got many years before this will happen so there's plenty of time to move off. if the situation is really unrecoverable i'd expect a hardfork or two in the near future.

[Anonymous No.28109019]

>>28102369
>carefully orchestrated "grassroots" 4chan campaign sergey put together
Pills take them

[Anonymous No.28109026]

>>28098779
Exactly

[Anonymous No.28109124]

>>28098406
> "Hmmm we received instructions from the ADL and the chinese communist party that you must be cancelled, we cannot process your payment and your location will be reported to the nearest reeducation camp police force".

[Anonymous No.28109146]

>>28101737
ofc it is, otherwise afd and austrian right wingers wouldn't get their cards cancelled

[Anonymous No.28109936]

>>28109124
>ADL
So biz who do you think killed her, Leo or Jim?

[Anonymous No.28110764]

>>28098406
Charges (((fees))) both ways

[Anonymous No.28110793]

[Anonymous No.28111265]

>>28098406
These cards charges cost the business like $2 plus 3% xrp can do it in under 2 seconds and cost a fraction of a cent.

[Anonymous No.28111341]

>>28098671
At this point, I'd much rather deal with Jews than the shit-slinging apes that browse /biz/ and /r/wsb.
Fucking mongoloids.

[Anonymous No.28111678]

>>28098406
because those nigger cards are pushing political agendas, giving your info to authorities so they can track you and fuck you up. They low key already implemented China's social credit. If you don't behave soon you won't even be able to open a bank account.

[Anonymous No.28112099]

>”nooo! What do you mean my money is worthless??? I just cashed my paycheck I need to buy groceries I have kids!!”
>”WHAT DO YOU MEAN HYPERINFLATION?? WHAT EVEN IS THAT??”
>”what the fuck are you talking about they can just PRINT new money any time they want???”

[Anonymous No.28112292]

>>28105702
Rome didn't had the technology US has. Comparing an ancient empire with the US is retarded.

Your shitcoins have no power outside of the state, simple as that.

[Anonymous No.28112376]

>>28105702
>better states.
No such thing. All states will report on your dumb ass not paying taxes on your native state except the few shitholes that don't (shitholes where you will get scammed by assorted mafias)

[Anonymous No.28112479]

Visa transaction network to instant approve/deny transaction in 0.1 seconds with Bitcoin as underlying currency = Perfection and where we are going until U.S. govt tries to stop it.
Bitcoin was created out of distain for fiat currency, not legacy transaction network