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/biz/ - Business & Finance

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56712791 No.56712791 [Reply] [Original]

>there are still people who think crypto has any use case beyond speculation

>> No.56712811

>>56712791
BTC has value as a decentralized hard money savings vehicle

You're right about everything else though

>> No.56712855
File: 425 KB, 992x660, Crypto nerds will seethe.png [View same] [iqdb] [saucenao] [google]
56712855

>>56712811
>hard money
You can't coat CPU pins in BTC... can't solder together connectors with ETH. Gold and silver will always come out on top.

>> No.56712856

>>56712811
This is exactly the type of cope I’m talking about lol.

>> No.56712860
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56712860

>>56712811
>hard money savings vehicle

>> No.56713053
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56713053

>>56712855
Try transporting large quantities of gold across a border. Try sending gold to your family on the other side of the world. Try securing your savings in gold without living in fear of it being stolen or confiscated by the government.

I'm sorry you don't get it yet, but pending a solar flare or a civilization collapse, Bitcoin mogs gold as the superior store of value asset

>> No.56713063

>>56712791
the use case of crypto is to make me rich
and that alone justifies its existence

fuck you j*w

>> No.56713100
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56713100

>>56712855
Jewelry and electronics are not why gold is valuable...

>> No.56713107

>>56712791
speculation IS a use case

but you won't get it

>> No.56713285

>>56713107
Reading comprehension

>>56713053
>tracks with equities
>store of value

>> No.56713327

>>56712791
stocks are the same shit but no one ever says this about them

>> No.56713369

>>56713327
>stocks are the same shit

They’re not but thanks for letting us know you’re retarded.

>> No.56713381

>>56712791
Real DeFi is the usecase.
If your crypto isn't that, you're bagholding trash

>> No.56713395

>>56713381
This is why I’m holding Toshi. Best meme coin that is also building the DeFi infrastructure for Base chain.

>> No.56713404

>>56713053
Even most third worlder immigrants sending remittance still don't want to deal with sketchy exchanges and needing OPSEC knowledge not to lose all their shit.

>> No.56713423

The use case is to scam idiots and it's been working well so far.

>> No.56713544

What's MLETR?

>> No.56713567

>>56712791
Kek! Your crypto has no use beyond speculation. I have normie friends and family members using banking and payments apps with no idea that they run on Solana USDC rails behind the scenes.

>> No.56713730

>>56712791
Xmr and solana are the only crypto actually woth using. Solana has partnered with visa (no direct price shift because people that speculate in crypto are ultimately braindead retards) fast speeds low fees etc.

Xmr is used for serious criminal activity. And criminal activity has pushed growth in the past with various things. Literally no one knows how much xmr i have or what i have purchased with it.

>> No.56713731

>>56713369
how are they not?

>> No.56713746

>>56713567
>they run on Solana USDC rails behind the scenes.
Not yet. But soon

>> No.56713800

>>56712791
There are some legit stuff, but yeah, 99% of it is pure speculation

>> No.56713820

>>56712855
>gold and silver
>seized by the government every 50 years
>underperforming (real) inflation by like 70%

lmao

>> No.56713824

>>56713381
DeFi is a meme

>> No.56713864

>>56713731
Alot of stocks issue dividends, are used to indicate ownership in a company, and a company may purchase their own stock on the open market if they make good profits, pushing the price up and incentivizing investors to buy stocks from well-performing companies

tl;dr you don’t understand equity

>> No.56713866

>>56713369
they absolutely are

>inb4 my ownership in a company
you don't own jack shit, the ceo can print infinitely many new stocks at whim

>> No.56714001

>>56713864
You really entitled to nothing when you own a stock. See >>56713866.

>> No.56714159

>>56712791
If you consider things like beoble it actually has, but you're stupid so won't discuss that with you

>> No.56714166
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56714166

>>56714159
no I don't consider it

>> No.56714216

>>56713824
It has always been kek

>> No.56714222
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56714222

>>56712791

>> No.56714228

>>56714159
It's a fucking messaging platform linked to your wallet, how more fucking retarded can it get

>> No.56714233

>>56714159
I don't think you get what we're discussing here

>> No.56714406

>>56713730
Solana is just the centralized VC scam of the year:
>"bro just have NODES with insane hw requirement like 256Gb of RAM and 10GBit/s, we're fucking geniuses!".
Always makes me laugh people think this shit has any staying power, the TVL is pathetic, not even a billion.

Don't compare it to XMR which keeps a relatively high price with no presence on major CEX and can run a node on a shitty laptop.

>> No.56714476

>>56712855
I hate the gold analogy you no how many cups and ram fingers you need to reclaim a gram of gold

>> No.56715785
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56715785

>staking and farming (generate more money out of nowhere)
>nfts (take money out of stupid teenagers' pockets, iq protocol only making it easier)
>gambling
>tax evasion
>buying drugs
It has a lot of use cases anon.