tf am i supposed to do with this shit? i can't go to 7-11 and buy a gatorade with btc. transaction time takes forever and what store would accept btc? like if you're a store owner and you want to sell a gatorade for btc you're essentially gambling. if the price goes down you just lost money on a fucking gatorade for no reason. businesses will never accept crypto in the same way they don't accept stocks as payment. i was once a true believer in crypto and own quite a bit but now i'm thinking this shit will never work. yea yea stable coins but all the other shit that has wild fluctuations is basically worthless. it's just nerds moving money around.

>>507358180 (OP)
Crypto is for crypto Kike vermin. Total scam.

>>507358180 (OP)
You’re a fucking retard. It’s a store of value. It isn’t supposed to be an everyday currency. You have stable coins for that

>>507358180 (OP)
Hide all bitcoin threads.

>>507358180 (OP)
It hasn't taken on mass adoption yet, but big finance is taking over. So the question is, if 10 people own all the BTC in the world, no one else uses it. What value does it actually have.
It's digital fiat and it's value is purely speculative. Others will make comparisons and say so is gold, paper money, etc.
But it doesn't change the fact it is digital fiat.

>>507358180 (OP)
i know youre some dumbfuck boomer from the first line i literaly pay all my shit with usdc and btc using a debit card lmao
just shut the fuck up and buy now or youll be lining up to buy for 150k each
reminder that i made a thread a
Telling you retards to buy at 47, 53, 57, 65, 76, 86, 92 and 100 wipl make another one at 115

>spend actual resources to manufacture worthless lines of numbers on a hard drive
Imagine falling for this trick, AS A WHOLE NATION.
And then those numbers become too expensive to calculate, let's just trade gold for them instead.

>>507358180 (OP)
>tf am i supposed to do with this shit? i can't go to 7-11 and buy a gatorade with an original DaVinci

ETHEREUM IS THE FUTURE OF FINANCE RETARD

>>507358180 (OP)
>what store would accept btc?
Online stores. Better and more secure than putting in name and card details and logging into the online bank to confirm every purchase. No one but you authorizes the purchase either. Maximum freedom.

>>507358430
>btc
>fiat
LOL

>>507358444
It's going up because big finance is speculating and driving excess liquidity into it, because Currencies world wide are depreciating.
But what exactly are you "Fleeing" into. Another digital fiat. On top of that, it has much less mass adoption.

i don't mean to sound rude but yes it is a scam and you're a bit late to the realization. as soon as you want to cash out a large sum, a bank and government will know and have questions.

>>507358680
>>btc
>>fiat
>LOL

It's not purely like fiat in the sense that it's printed into existence through debt, that's the mistake I made. But it is somewhat analogous because the value is purely , I mean absolutely purely dependent on speculation. It's value is much more volatile because it requires confidence, the same way fiat does.

>>507358444
retard

>>507358180 (OP)
>tf am i supposed to do with this shit? i can't go to 7-11 and buy a gatorade with btc.
Why would you specifically go for a Gatorade desu?

>>507358180 (OP)
It is a scam, it's a decentralized pyramid scheme. It has no value. Cryptards are deluding themselves, see:
>>507358353

Holds of wealth are not valuable because of the accrued value, but rather because they increase your net worth which allows you to borrow money at low interest against it. Can you do that with BTC holdings? If not, then it isn't real money. Because THAT is how the rich run the world, preferred interest lending.

Crypto is a ponzi scheme scam, nobody wins with this crap. Also
>Not your keys, not your crypto
People who got into crypto via exchanges gave away their money to the jews. It's all a massive scam. And even if you make it by some chance, the bank will take half of it away from you by force. Goyim are totally pacified if they're not fighting this financial rape of the people.

>>507359306
>Why would you specifically go for a Gatorade desu?
it's just an example

>>507358353
>vote to fork btc
>significant miners leave for fork
>significant devaluation
lol cryptotards deserve to lose all their money

>>507358180 (OP)
You mean the digital currency used to buy drugs on silk road, that is extremely vulnerable to AI and quantum computing technologies, that is maybe, arguably backed by compute or electricity, but only exists in the eather, and has experienced some of the biggest frauds in history despite it's short history itself might actually have just been a scam?
I cannot accept this. You must be some anti tech version of a jew.

>>507358180 (OP)
Just withdraw your $10 million USD from Coinbase.com, what's the issue?

>>507359463
You could make the argument that Gov will mass adopt BTC and make legal payments in it, that does give it some value by decree. Just like that gives value to US currency. Because you need it to pay bills.
But I struggle to see how Government would want to use it any other way like having it represnt it's new sound currency system. Governments never ever, want to be restricted by sound money.

>>507358540
Original davincis, like crypto, isn't real money. Shocking.

>>507358180 (OP)
>yea yea stable coins
The only way for stable coins to scale long term is with the bitcoin lightning network. The bitcoin lightning network requires bitcoin to be temporarily “locked” or allocated for it to work. This means less and less supply of bitcoin as stable coin usage ramps. The bitcoin lightning network is also the only way to NOT have every transaction you make available on a public ledger. Non-custodial stable coins on the lightning network should be available in the next few months. Now is exactly the time you want to be buying bitcoin.

I use monero, but even then I have to be indirect, so I buy silver coins too since I can more easily barter with that.

I found one 7-11 where the cashier would buy me what I need for a coin or two. Too bad he doesn't work there anymore.

Yah anyway, use DeFi to get rich, use Monero to spend.

>>507359812
If you want to enforce a communist system, then a currency that is limited by default is a good option. It also helps that the blockchain tracks purchases to an individual, and is unfudgeable.

>>507358180 (OP)
Try and pay for your drink with a bond or stock.

OMG they are totally useless because they are not like cash!

>>507360148
>>507358540
Same principle

The difference being you CANNOT borrow against a coin. If you cannot borrow against or cash out the coin, then the value is ethereal. It's funny money.

>>507359787
>that is extremely vulnerable to AI and quantum computing
AI and quantum computing are decades old memes. Like economically viable gold mining on asteroids. Two more weeks.

>>507360331
You can borrow against the value. Why would you say you can't?

>>507360009
>lightning network
LOL COPE. So you gotta pay a fee for every node you pass through to your recipient

>>507360046
>I use monero
Meme coin, just use the lightning network if privacy is a priority.

>>507360437
What crazy asshole is loaning money against the value of crypto-currency? That's asking to lose your clothes on a downturn.

>>507360469
The fees are like a fraction of a penny.

>>507360382
>My imaginary numbers in the sky are valuable!

>>507360714
It takes the equivalent total energy output of 21 nuclear reactors to power the bitcoin network. What the fuck are you talking about “invisible numbers in the sky.”

>>507358180 (OP)
>it's just nerds moving money around.
worse
it's creating something of value out of practically nothing and having it compete with real money that represents labour and material value
it's a scam, but played against ordinary, honest folk that work for a living. just like daytrading and all that bullshit, the ((merchant)) gets his profits but someone must pay

>>507358180 (OP)
Stay poor lmao

>>507360009
>Now is exactly the time you want to be buying bitcoin.

While I personally think BTC is tarded, like , tulip mania tarded, you can make money if you simply stay ahead of the herd. Trumpo even loaded up on BTC, and he's the President pushing for inflationary policies (Which seems like a conflict of interest but who cares anymore). So sort-mid term, despite it being tarded to me, it's better than holding cash. But like the bankers always do, they'll throw in some nasty rugpulls in there to scare you out.

>bought into crypto back in 2017
>today I'm a retired multimillionaire and I'm not even 30 yet

feels good man

>>507361063
>real money that represents labour and material value
Fiat represents slavery, not real money. Gold and now bitcoin are real money.

>>507358180 (OP)
You know what else is a scam?
Dollars

>>507360665
>What crazy asshole is loaning money against the value of crypto-currency? That's asking to lose your clothes on a downturn.
Against switch out BTC with stocks or bonds.
You're just bitter you didn't turn $1000 into $200,000 because you knew better than those stupid crypto bros who were going to lose all their money.

>>507361209
Paper millionaire until you sell it for euros

>>507358180 (OP)
you're right, don't buy. stay away.

>>507361220
>Gold and now bitcoin are real money.
I think there's one more test to define what money is. And no one is going to like it,
It's longevity. Money has come and gone throughout history, however, Gold has a big one up on BTC.
Gold has been used as money consistently for a very, very long time.

>>507361010
You are on to something, but not in the way you think. I have theorized that the fundamental determinant of monetary value is potential energy ie; the amount of calories is a pig vs a cow. Obviously luxury can skew this, BUT in the modern era, as we progress past thesimple Petro dollar and become more varied in energy production, the Watt becomes the most easily measurable metric of energy, Giga on a national scale.

So to say a coin is valuable BECAUSE it uses energy is simply wrong, if anything that makes it untenable in a watt-based economy. BUT we are keying in on the future of money in general, the galactic "credit" if you will. How many excess watts do you produce? That will be a nations "GDP".

>>507358180 (OP)
all that matters is that i've been able to buy PCP analogs with my bitcoins

>>507361398
why would I swap my riches into a failing fiat currency?

>>507358353
It’s not a store of value because it has no intrinsic value.

The value of bitcoin is literally ”dollars”. If you remove ”dollars” bitcoin has no value as it has no utility, unlike say a shovel or pack of cigarettes.

>>507361484
Gold, like silver, has almost been completely demonetized by treasury bills and fiat. Gold should be trading at $140k per ounce. Only now is that trend slowly starting to reverse, with China leading the charge to remonetize gold. I see a future with both gold and bitcoin because they’re so different. Only cheap asteroid mining can stop gold.

It’s a scam turned USD hedge that is also a scam still at times

That’s all

>>507358180 (OP)
What I find most suspicious about bitcoin is the halving process coinciding with US Presidential Elections. Every 210,000 blocks, or roughly every four years.

The halving process has virtually always lead to bull markets in bitcoin. 2016-2017, 2020 -2021, and now 2024-2025. Then whales take their takes, bitcoin shits the bed and it all starts over again.

Bitcoin bull markets suppress general commodity prices. This creates an ideal economic environment for elections. Bitcoin absorbs inflation through speculation of digital information. Inflation is then flushed down the Bitcoin bear market toilet. Waiting for the next FED inflation turd.

>>507358180 (OP)
but muh tech jargon babble

Bullshit is the way most shitcoins started off before it turned into outright meme floydcoins. IT'S ALL A SCAM.

>>507361147
Simply put, in a high-interest rate environment stores of wealth become preferred, especially ones with high flow like BTC. But once the interest lowers, you move all that money into physical classes like land or real estate.

>>507361344
Don't diffuse, I'm not bitter about anything and made my wealth my own way. I'm asking you a direct question; who is loaning against the value of BTC? Because loaning against assets like stocks is common practice, that is how the wealthy become the wealthiest.

KYC killed crypto

you want a pic of my license and my ssn?hell no. defeats the entire point IMO

>>507362008
You are incredibly mistaken.

The recent increase in gold price sadly means the show is ending.

Once investors stop chasing yields because yields are so low you might as well buy gold, it means all the asset bubbles are going to pop.

Equities
Bonds
Cryptocurrencies
Real estate (probably)

Will all collapse. Jews buy gold because the whole fucking pyramid will collapse and take everyone with it.

>>507361858
Another point to make is that it's speculative value isn't based on mass adoption either, it's being driven up by big financial insitutions in anticipation that fiat goes to 0. When Fiat does go to 0, 10 large Institutions hold all the BTC.
Then what? At the point that fiat singularity hits 0...and no mass adoption has taken place.
All you are left with is 10 giant financial firms holding all the BTC on some digital ledger.

>>507358180 (OP)
Same old song for years yet everyone has gotten rich with bitcoin while I got nothing because I was too scared to invest in this "scam". You've successfully demoralized me. Good job boomers and kikes.

>>507358180 (OP)
Whoah there about 7eleven, Sonny.
The workers may be ill informed like the one near me but YOU CAN go go there and buy a goyslop drink with crypto. One way or another, they have a relationship with PayPal and maybe others idk about. Irl idk but supposedly, you can give CASH to 7eleven and they’ll put in in your account.
This has been the shill. I’ll post more about the scam part.

>>507361010
Let's say I had a million dollars in physical gold. Let's say you had a billion dollars in imaginary sky money, or as you like to call it, bitcoin. Who's richer?
Obviously you, right up to the day of the Carrington event. Or a major armed conflict. Or a market crash. Or literally anything bad happening on a global scale which predictably happen every 50-80 years. So enjoy your big numbers on a digital readout. Friendly reminder, it's not real money, it's not even real. My advice would be to trade it for something of actual value as quickly as humanly possible.

>>507358180 (OP)
It is but you could have made money on it. The guys who admit it's become a pointless pyramid scheme but was one they made money from I understand. I don't respect them anymore than the real cultists but I don't laugh at them like I do the ones who really convinced themselves it's anything more. Their narrative shifted from "anonymous decentralised money" libertarian pipedreams to "digital gold" and I shit you not they now say it's "a store of energy" since it requires fuel to mine and transact lmfao

Backdoors into cold wallets (byebit hack) rendering seed phrases expired.

>>507358444
I bought at 8k but had to sell at 20k to pay for a driveshaft replacement on my car. I didn't ever get back in after that, even though I told everyone I knew to simply take what they would typically put in a savings account straight into BTC instead. Not a single person listened aside from my friends who already knew what was up. My brother could've bought his house in cash if he just listened to me. Quite sad.

>>507362877
>he just listened to me. Quite sad.
You're ok pal.
You have experience which is alot more than what other people have. We all know that the final blow off top is coming when the FED and Gov find ways to monetize it's debt. Signs are everywhere.
Just pull the trigger and be smart about it this next go around.

>>507361690
why would you care about the notional value of your crypto if fiat is failing?

>>507358180 (OP)
>even btc and eth
ETH is a scam.

Bitcoin is the only one that isn't - out of general purpose monetary systems.

>>507360544
Nah, I got it. It works for me.

>>507362754
all cryptos are scams, except Bitcoin.

>>507358180 (OP)

>>507362877
To this day the real value of BTC cannot be expressed, so it only attracts those that already have bias against the system. Essentially, your friends aren't knowers so they were never going to make a play regardless of asset class.

>>507362877
Hell, even M2 Money supply is rising again. and this is one of the main drivers of the latest rally in crypto and stonks. This is before the FED even begins to do formal QE (they are doing stealth QE now) and cutting rates, this is before Bessent and the Treasury find ways to sweep all these excess bonds under the rug through a gimmick.
But beware, the Bankers always...and I mean always love pulling one rug pull before that final phase. They just can't help themselves because they want to buy in on discount.

>>507363021
I learned my lesson for sure. Don't let a personal sell off keep you from buying back in. Recognize the trending direction and go with it again.

Still, I really wish even just 1 person I knew took some faith in my advice and bettered themselves for it. My friends and family talk about how bright I am, but I understand trusting someone with financial matters is extremely difficult. I don't blame them or anything like that

>>507363456
kek

>>507359808
>Just withdraw your $10 million USD from Coinbase.com, what's the issue?
i haven't checked my account in years but it's probably only 15k. and yes i'm getting out of crypto.

>>507358180 (OP)
It's mostly a gambling tool because the price is too volatile and practicality is limited.
Even now it's possible to block a transaction by simply doing the same transaction with a higher gas fee.
Once we don't have to burn 10 tons of coal every time I buy a burger with crypto it will be relevant. Although more modern, though still known by few, blockchains are coming out so maybe soon.

>>507358180 (OP)
very simple

100 in cash 10 years
vs
100 cash invested in btc

which one do you want to have today?

>fiat good
>decentralized money bad

>>507358180 (OP)
Crypto was made by time travelers for time travelers

>>507364283
We do not have excess energy, all wars are fought for energy. Things like AI and crypto are massive dumps of true value, aka Watts. The positive is they may force a technological shift towards nuclear, which will once again make America the richest nation on earth.

>>507358353
>digital gold is a store of value
kek

>>507358180 (OP)
Only time I wanted to use crypto was to launch an image-board site anonymously by paying for everything through it. This was just after it had really taken off and the blockchain became unreasonably large. Too large to download with a normal internet connection. And so on with other problems and aggravations.
I ended up using a gift card with more or less full credit card capabilities.
Crypto works as a means of gifting someone in a regulated situation, where you could not otherwise "invest" in them legally. Obviously, the parties involved know who's who, but the rest of the world is stuck with a mystery. So, do you have power or influence to sell? No? Not much use then. Only serious big players and institutions can extract any real value from it.
Ironic that.
Gift cards are sufficient where you are, at the absolute worst, engaging in minor malfeasance and not looking to make any serious profit. And, where you are not, it's still not safe at all.

>>507363456
This is one of the best image edits I've seen in a looooong time. Fuckin saved.

>>507358180 (OP)
VERY EXPENSIVE SEQUENCE OF BINARY NUMBERS PLEASE GIB GOLD ATOMS NOW

>>507364788
Then the BTC blockchain is the most retarded waste of computing power and energy. Let me explain how mining works.

A bunch of transactions are bundled into a block (hence blockchain). But you need to compute crypto shit to add the block to the blockchain. Now all BTC miners start calculating with their 1000x GPUs. ONLY the miner who finishes first actually gets the fee for the computation (it involves some random guessing so it's mostly random who wins), so all the effort from the others is WASTED. There's probably hundreds of miners working on each block. A 1% efficiency at MOST.
Another fun thing. Even if you succeed in adding the block to the blockchain, a global consensus algorithm determines what the "actual" blockchain is that everyone agrees on. If your block fails that algorithm, even your effort was wasted.

You just put money there and then it turns into more money. I don't know why this is hard for people to understand. I put like $500 in back in 2018 and now it's like $6200 dollars. I didn't work for it, I didn't sell anything. I just left it sitting there and now it's more. How is this complicated?

>>507358180 (OP)
Wasn't a scam in the sense that you could have bought it back in the day and made a fuckton of money, but it is most definitely a scam in the sense that it was created as a trojan horse/sacrificial lamb by tptb to usher in their new shittier slave system and have the masses applauding it as it comes. Total grift in 2025.

>>507358180 (OP)
Dollars are a scam. Buy Gold.

>>507365820
>Then the BTC blockchain is the most retarded waste of computing power and energy.
A single entity could take control of the bitcoin network if they controlled 51% of the compute power aka hash rate. Since it’s impossible for any single entity to do this, this immense processing hurdle decentralizes and secures the network. It’s not a retarded waste of energy at all, it’s fundamental to what gives Bitcoin its value.

>>507358180 (OP)
Stock is often used as payment, moron. Only not in stores.

>>507363120
crypto can recover and gives a good yield.
fiat trash never recovers and gives shit yield.
basically fiat currency is for dumb niggers that want to be poor.

>>507358180 (OP)
Every thing is a scam. This scam can really benefit if you get in fast and hard and bail out before the rug pull.

>>507360148
>OMG they are totally useless because they are not like cash!
bro btc was created to be like cash. a stock is at least ownership in a company. btc is fucking nothing and it's going to collapse eventually. i originally thought btc would to 1M but since it isn't even practical i think it will slip to like $200.

>>507358180 (OP) Finally someone said it. Those fucking brainlets couldn't understand that.

>>507359167
am a retard with 146%ROI a month beaner

>>507366688
It's hopelessly inefficient and unnecessary for most use case scenarios. I understand the principle however.

>>507366775
No one pays for anything in stock, they get loans against their assets. Can you get a loan against your BTC?

>>507362498
>it's being driven up by big financial insitutions in anticipation that fiat goes to 0.
not 0 but that fiat will inflate like it does all the time because more fiat is constantly being issued. There are set amount of bitcoin. That's it.

>>507358180 (OP)
>gatorade
Isn't it that energy drink from Idiocracy with "electrolytes"? Are you for real? LMAO.

>>507366275
>Dollars are a scam. Buy Gold.
buy gold with dollars with the expectation of getting more dollars later? it's all basically stocks. you can't buy shit with gold.

>>507369565
You're thinking of brawndo, the thirst mutilator. It's got electrolytes, what plants need.

>>507369227
>Can you get a loan against your BTC?
Yes, big banks are just starting to get involved.

https://www.bloomberg.com/news/articles/2025-06-04/jpmorgan-plans-to-offer-clients-financing-against-crypto-etfs

>>507369565
>Isn't it that energy drink from Idiocracy with "electrolytes"? Are you for real? LMAO.
morons focused on gatorade. it was just a random example to make my point that btc is useless.

>>507369792
>some cryptocurrency-linked assets as collateral for loans

Some Linked Assets...What are these some?

>Beginning with BlackRock Inc.’s iShares Bitcoin Trust, in the coming weeks,

Laughable.

In some cases, JPMorgan will also begin taking wealth-management clients’ crypto holdings into account when assessing their overall net worth and liquid assets, the people said, asking not to be named as the plans aren’t public.

Don't name them, don't check early life.

>That means cryptocurrencies will be given similar treatment to stocks, cars or art when calculating how much a client can borrow against their assets.

The rich get richer by borrowing against their assets, good luck getting that same deal if you aren't in the club.

>>507358180 (OP)
Bitcoin was designed by us intelligence to eat up spare computung power and bring it into the control of money. They essentially pay a fraction of gdp to make sure no one uses their excess computing power to work against them.

>>507358180 (OP)
The amount of resources these idiots pissed away on "mining" digital 1s and 0s is going to annoy me until the end my of time. Bunch of fucking morons & Saylor is their ringleader.

>>507370958
>Bitcoin was designed by us intelligence
thanks, intelligence - for making everyone smart - rich.
seems you lacked the, well, intelligence, to change your life for the better.

>>507372338
>The amount of resources these idiots pissed away on "mining" digital 1s and 0s is going to annoy me until the end my of time.
haha BASED!
keep seething you out of touch retarded mutt boomer

>>507363456
>bitcoin-shiny-rocks
lol

>>507360544
Lightning has no privacy lmao and it’s centralized dogshit. Lightning is a complete failure and it will never solve bitcoin’s scalability issues. At 7 tps on the base layer, it would take decades just for a billion wallets to on-ramp onto lightning.
The ultimate rugpull of BTC is that it’s moving away from self-custody and becoming another bank-managed asset that you hold through a third party.

>>507372425
Kill yourself you shill faggot.

>>507358353
It has no value. That was an attempted rebranding as "digital gold" to prop up the ponzi because BTC failed its white paper's original purpose. Eth is rotten too because Eth foundation sold shit tons at the top of the 2018 market and reinvested...not into research but fucking yachts and lambos.
There are a few who aren't retarded like Monero, XRP and Cardano. Inb4 some Bitcoin shill starts screeching that I insulted his fucking Anarcho capitalist retard religion.

>>507372995
>Lightning has no privacy lmao and it’s centralized dogshit.
who is the central point? show the central server?
you stupid faggot, lol

>>507372425
Hope you sell out before the tulip crash. I made money on BTC and eth years ago and I don't touch that shit now. BTC is a shitcoin now as even Doge coin is better lulz.

>>507358180 (OP)
Ive been buying breakfast sandwhiches at my local spit with LTC and XMR for way over 5 years now.

I buy tons of drugs with XMR. I buy hacked HBO and hulu and psotify accounts with XMR.

I buy server space with cross chain USDC (i use SOL).

My friends and I regularly pay eachother back personal debts with crypto (mainly xmr and sol)

Ive placed tons of bets with BTC. You can use ETH and ERC 20s to place bets on polymarket

My contractor takes BTC, ETH, LTC, BCH

I work with vendors who take stablecoins.

There are many online storefronts accepting crypto

Youre just fucking retarded. When i send solana its LITERALLY faster and cheaper than using a credit card.

Keep being poor you dumb fucking faggot. You cant even bother to google "where can i spend crypto)

I love people like you. Youll be buying my bags with your 401k (if you even have one) and not even know it

>>507358353
>It isn’t supposed to be an everyday currency
Can you fucking retards learn the basics before trying to defend it? God the word currency is literally in the word cryptocurrency.

>>507372998
>>>I am a good goy, using (((fed))) fiat, and (((silverbergs))) rocks. Nooo I do not want to get rich!
>>lol u r retard
>WTF???
lol

>>507358180 (OP)
People did accept crypto wholeheartedly but the state started breaking balls here.

>>507373619
>Hope you sell out before the tulip
lol, sell into what, you retarded boomer? Bitcoin is the most rare and limited money that exists in the universe.

>>507365820
Yeah Bitcoin’s PoW algorithm is outdated and slow as fuck. The network has to set the mining difficulty such that one new block is found approximately every 10 minutes. Otherwise, too many people would be finding blocks in parallel, which would lead to more blocks being discarded, and it also becomes a security issue if the discarded block rate is too high.
There’s an algorithm called GhostDAG that fixes this and allows instant confirmations, 4000+ TPS and parallel block production without affecting the security of proof-of-work. But it’s too late for bitcoin to adopt this algorithm. It’s also too late for an altcoin which adopts this algorithm to catch on. Crypto is fucked.

>>507372995
>Lightning has no privacy lmao
Every transaction gets chopped up and routed through multiple nodes. It’s unironically impossible to trace a lightning network transaction.

>>507362269
>KYC
so youre using binance or smth?
try hyperliquid

>>507373895
Unless you own the hubs that everybody uses in reality because lightning is centralized.

crypto is all a greater fools scam where people that buy into any coin convinces other idiots to buy in so they can sell at a higher price
if you bought in early (a few years ago for bitcoin for example) you can dump your shit on a greater fool, that is all it is

>>507373731
they think people will be willing ti trade things for gold and silver in a apocalyptical scenarion LMFAO
as if people could eat ir smoke precious metals or smth absolutely delusional

>>507373731
lulz even tho we disagree on BTC Im saving that one. I have a few family members that think silver is going to be going to $1000 each in the next two weeks. They hated on me for buying crypto, now hate me cause I made money on it. Most aren't even near their break even on silver.
The time to buy gold and silver was in the mid 2010's. When I bought most of my silver it was only $17 an ounce at spot. Its hilarious when people buy high and sell low.

>>507358180 (OP)
>i'm convinced ALL crypto is a scam. even btc and eth
Well, yeah

>>507373803
I see what you mean. I bought my first house with my 2018 profits for example. You could probably benefit by putting 10-20% into Gold coins and bars. I was a metalfag before crypto was even a thing so I invest in both.
I don't get the hate between metals guys and crypto. Boomers both hate us for not propping up their stock market ponzi.

>>507373731
You're a faggot nigger.

>>507358353
HAHAHAHA MAXIS ARE SO FUCKING PATHETIC

Buy things that (((other people))) can only take from you with physical violence, not tippy taps on a keyboard

>>507358180 (OP)
Yeah it does nothing and its biggest bubble in human trading history
It will go to 0 with blink of eyes at some point

>>507368948
they coped back then because they can't understand the concept, they cope now because they didn't get on early for a 2000% solid ROI within 3 years, they will cope in the future because they were wrong and blame the jews/chinese/aliens/London/mom somehow

>>507374708
Living in Canada I'm glad I put a lot in crypto and metals. Our govt is out of fucking control and was pissed that they couldn't seize peoples crypto wallets during the trucker protests. Its literally my "GTFO of Canada fund"

>>507360665
There are entire defi markets based on this. there are entire CHAINS based on this.

And the reason is that you dont pay taxes against a loan. Think about it for one fucking second you absolute imbecile.

How the fuck are you people posteinghere without knowing the first god damn thing about what youre talking about. Like just one google search in your entire life and youd know this.

>>507360544
fucking retard. Youre thinking of wimble wimble and thats only on L-T-C and its shit.

>>507358583
E-T-H is already dead. Sol ate its lunch. its over

>>507365078
you never need to download the whole chain unless youre gonna be an actual validator. just use a light wallet, retard

>>507359787
if you buy drugs on the DNMs (silkroad has been gone a long time, retard) in this day and age with B-T-C you are going to jail. Imnot goign to explain futher to you becuase youre too stupid to know this yourself.

>>507358180 (OP)
>tf am i supposed to do with this shit? i can't go to 7-11 and buy a gatorade with btc. transaction time takes forever and what store would accept btc? like if you're a store owner and you want to sell a gatorade for btc you're essentially gambling. if the price goes down you just lost money on a fucking gatorade for no reason. businesses will never accept crypto in the same way they don't accept stocks as payment. i was once a true believer in crypto and own quite a bit but now i'm thinking this shit will never work. yea yea stable coins but all the other shit that has wild fluctuations is basically worthless. it's just nerds moving money around.
you're exactly right. It's all smoke & mirror bullshit that doesn't add anything of value to civilization. It really is that simple.
>we'd only need one money if this world wasn't a hopelessly corrupt, ape-shit-slinging hellhole.

>>507359663
B-T-C has forked numerous times. it famously forked into B-T-C and B-C-H, at which point holders of B-T-C also automatically became holders of B-C-H at a 1:1 rate. Insitially, the value was split exaclty in half, and eventually the commuity settled on BTC being the true heir. No one lost any money. Some people got "free" money (me) by selling their B-C-H right away and putting that into B-T-C.

retard

FUCK YOU GOOKMOOT FAGGOT FOR MAKIG ME GO AROUND THE SPAM FILTER IN THIS MANNER

>>507358180 (OP)
It's a textbook ponzi scheme.

>>507374900
Yes. I notice there is always high volume of trading in Korea for coins that work like XRP. For some reason BTC and Eth are the two most common shilled in North America still even though they are crap.

>>507374995
>you dont pay taxes against a loan
This could be the life raft for millions of people.

>>507375191
>xrp fag

keep holding that bag buttboy. You are very lucky circle threw you a bone and let you in on USDC. thats really all youve got going for you. wahts xrp these days? still $3 or less? has it mvoed at all besides down since 2017?

next youre gonna say ADA like the r*dditor you are

>>507358180 (OP)
xmr is the defacto standard currency for dark/grey markets if all the police reports are accurate
aside from that, yes, crypto is theoretical private fiat at best and ponzi schemes at worst
strategy and coinbase are to bitcoin what the us government is to the dollar

>>507361858
Mastercard and visa don’t have value cuz you have to pay the loan back

Kys euroach. No wonder you’re all poor

>>507375491
My buy in was at 20 cents and its trading at $3 lol. I guess you are just bad with math. BTC might go to like $150k this cycle and that's not even a 2x.
Why are btc maxis retarded like this?

>credits have no cash value
Correct. Crypto is just credit with unnecessary steps.

>>507373374
>XRP and Cardano.
ADA is token for Cardano blockchain

>>507376595
Pump and dump imo. Classic case of "talking your book" Ever wondered how they would deal with inflation? One asset falls while another rises. Trick all the poor's to buy into tardcoin ponzis like BTC and Eth while the long term holders move into coins that actually work. Pres Trump ain't your friend boy.

>>507375452
I don't get it... this is new information? I just take a loan out to myself from my company and end up taking a $1 salary. I thought most businesses owners did this??

>>507358180 (OP)
I just use it occasionally for buying stuff online because I can't be bothered to set up a bank account.

>>507376847
>long term holders move into coins that actually work.
All quietly behind the scenes working with Solana blockchain (via Visa Direct):
JPM
Trump
Milei
Fidelity
Blackrock
Musk’s X Money Account

also had a thread this morning too >>>507325491

>>507373899
coinbase..cake wallet.. doesn't matter. whenever I do a trade anywhere to convert to xmr I have to provide that shit. also way too many fucking fees. there is something extremely suspicious about crypto especially when you have trump and other people of corrupt importance endorsing it - and now palantir is all over the place. nah man. I just dont think fucking with it is a good idea.

>>507358180 (OP)
It is a fiat sink basically. It has no utility. But that doesn't mean it won't go up.

>>507376143
my guy im not a btc maxi by any means. That being said, my inital btc entry was early 2017 so youll excuse me if i dont really give a shit about a 6x over however many years. you can hit that on any given meme coin in 30min.

real niggas know about the tech. BTC has firstmover advantage, name recognition, and institutional adoption but thats it. No one actually uses it as intended becuase blocktimes make that literally impossible.

If you actually use crypto (like to transact, execute smart contract logic on). you know where to be. easy info to find too. All you gotta do is find the ones that beat out the current payment processing system. By that metric, BTC beats ACH and thats it. Meanwhile, SOL, SUI, and i guess like HYPE and such settle in under a second for fractions of penny. CC companies are aleady BTFO and they dont even know it.

>>507377877
You dont think being able to transact value to anyone on the planet trustlessly and securely peer to peer completely privately in minuets is a good idea??

Its actually wild knowing people like you exist.

How would you feel if you hadnt eaten breakfast today? Just curious.

Crypto is suspicious as all shit. Trump endorsing it. Other corrupt people of importance endorse it.. like I said earlier. why do you want my SSN? Some even want a pic of my DL or a selfie of me with my DL. Doesn't matter if its cake wallet or coinbase or whatever. at some point they inevitably ask. Its also confusing. Whenever I use cake to convert my whatever (usually ltc) to xmr it sends me over to some other platform (moonpay..robinhood, etc) to do my transfer. Those always want my shit. Also fees on top of fees on top of fees.

With all of the political shit and even Elon and Palantir even existing I just do not trust it.

Also kind of only semi related.. How tf did DOGE become a fucking government entity. I guess you can argue if it actually "started" here or not but I remember seeing these stupid doge memes here. Reminds me of when Q first started and shortly after I stopped coming here bc life happened for a while.. and I see q anon shit on the news. I had to Google and see if they were actually talking about the same thing. How did we go from troll calls about mudkips and shit to this lmao

lol

>>507379731
kek

>>507378913
It depends. I KNOW I dont know much about it so I dont use it. My use of it is very limited. I buy what I need and convert because I buy shit off Archtyp when the gay pharmacy cant get my meds. Less now though I guess because I said fuck doctors and im trying to just quit it all anyway.

Sure. Paying for stuff like you do at a store or sending money to a friend is fine. I just dont think id get heavily involved in it , investing tons of money and relying on it like so many like to pressure people to do.

>>507379785

>>507358180 (OP)
Bitcoin is CDBC. They need a way to track hidden wealth

>>507379979

>>507380048

>>507379869
>Bitcoin is CDBC
no

>>507380258
obviously trump didn't know that BTC mining is ilegal in china

https://archive.4plebs.org/pol/thread/505237484/
^^^ A thread about the NYFed and its ilk now trying to convince the boomers to switch from private Federal Reserve-issued, debt-based Federal Reserve Notes to privately-issued, debt-backed stablecoin tokens. This is going to be priceless to watch. Neither of these currency options benefit the citizens, they only benefit the private issuer. Will boomers sell out once again to the banks to save themselves from a failing system that they created? One last fuck you to the country as they insulate themselves in their private tokens?
And in the next orchestrated crisis, are the boomers’ new asset tokens to become worthless, as the payment platform is the ultimate claimant to any reserve assets in a crisis or bankruptcy?

When is the currency going to be restored to the people? Don't US taxpayers have a right to US Notes, a debt-free currency issued by their own treasury?

>>507358353
The whitepaper is literally called "Bitcoin: A Peer-to-Peer Electronic Cash System", Bitcoin is a failure. No, your bags going up in value doesn't change the fact Bitcoin absolutely failed to be a usable digital currency.

>>507360009
>The only way for stable coins to scale long term is with the bitcoin lightning network.
Have you ever heard of these networks called Ethereum, Tron, and Solana? Believe it or not, they have an infinitely greater (because Bitcoin has 0 stablecoins lmao) stablecoins than BTC and can, all three of them, cumulatively scale to at least 2-3K TPS.

>>507358180 (OP)
okay good

>>507359463
It’s a scam in a way that you’ll be the one left holding the bag (fiat) when everyone else adopts BTC

>>507358180 (OP)
But enough about fiat

>>507358180 (OP)
It sure as fuck makes grandma easier to scam for gift cards tho

>>507365820
>Another fun thing. Even if you succeed in adding the block to the blockchain, a global consensus algorithm determines what the "actual" blockchain is that everyone agrees on. If your block fails that algorithm, even your effort was wasted.
This implies a different reality than what is true, the consensus algorithm used by Bitcoin is that the chain with the most work put into it is the true chain.

>>507369738
You buy gold to keep your value, dollars are just a intermediate vehicle to buy things with. Price everything in ounces of gold if that makes you feel better.

>Crapto Ad thread

>brahhhhhhs its all crap
>yet I advertise it
fuck off ad fags. After sucking state dick you lost all legitimacy. Go ask boomers to buy your crapto and using it, lol. Seriously any attempt at a currency reform and Washington Burns, and Trump hangs

>>507387620
>You buy gold to keep your value, dollars are just a intermediate vehicle to buy things with. Price everything in ounces of gold if that makes you feel better.
gold isn't a good store of value either. it goes up and down with everything. people pretend like gold and silver protect you from the market. btc too. but it doesn't. it crashes with everything else.

>>507388631
Here's gold divided by the money supply, like hell it isn't a store of value. Sure it goes up and down, and some times it's better to buy treasuries in the short term than gold, but long term gold has a clear average against the inflation of the money supply.

>>507390065
Also, obviously if you're willing to take more risk, buying the S&P 500 will get you higher returns than gold while still keeping up with M2 inflation + dividends, but unlike Gold the S&P has and can drop 90% in value.

>>507390065
>>507390316
i just buy index funds. also that chart is funny because i worked for a jeweler in hs in 2004 and the price of gold dipped. i told the owner to load up on gold but he didn't. we actually made shit with the gold though so it would all eventually get used. he missed out.

>>507358180 (OP)
Most of crypto is a scam, but Chainlink is the real deal.

>>507391099
Yeah like I said index funds (read S&P) will outperform gold long term since the price of the S&P index also is fairly straight against the M2 money supply, but it additionally offers dividends which if reinvested outperform the growth of the money supply. With gold you keep your value stable, with index funds you grow your value, and as a cost of that growth comes the additional volatility/risk that index funds are known to have.

>>507364973
Enjoy escaping leaf land with your gold, I'll just memorize 12 words and transfer my money to any countries currency :)

>>507378168
All those networks achieve fast speeds by sacrificing decentralization and using proof of stake. SUI is so centralized that its validators were able to coordinate and roll back a transaction within hours after it happened. That never happens on truly decentralized networks like BTC. Because BTC miners don't coordinate and organize in telegram group chats like SUI's clique of validators does.
There are few networks that manage to achieve fast speeds while remaining decentralized. The tech to do so was only invented recently, before which it was impossible to have both scalability and decentralization on the same network because of the trilemma problem.

>>507358180 (OP)
>way they don't accept stocks as payment. i wa

you are an idiot and im not bothering to explain everyone can see this already sage

>>507392095
If you trust Paxos as a custodian, you can always just buy tokenized/paper gold through PAXG on the Ethereum blockchain, offering you the price of gold and being able to move your wealth with just 12 words.

>>507392095
You can always just buy PAXG (though there are custodial risk as with all stablecoins) on Ethereum if you want gold exposure and still want to move your money with just 12 words.

>>507392231
>>507392393
This stupid goddamn website, making me think my post was filtered so that I would post it twice

>>507384363
You can currently trade tether on the bitcoin lightning network, it just has to be done in a custodial wallet like Speed. In the next few months, the lightning network will support non-custodial lightning wallets. 3-4k tps isn’t enough to support all the different stable coins that will be released in the future. Blockchains like Solana are already so large that most people don’t have enough storage to run a node. This is not good for decentralization and network stability. Also, I don’t want every stable coin transaction I make to be available on a public ledger. This is only possible, at scale, on the lightning network.

Maybe pass beginner level economics first. You don't even know that currency fluctuates

>>507392767
Tether may be released on Plasma later, but the USDT on Speed isn't real USDT but rather a middleman USDT backed by USDT on Ethereum. Their advertising on their webpage is dishonest about this, implying it is real USDT, combined with the fact that they only manage $100K worth of it, makes me highly skeptical of them.

>>507392215
>coordinate and roll back a transaction within hours after it happened. That never happens on truly decentralized networks like BTC
shut the fuck up you lying maxipad retard it has happened on BTC already

>>507358180 (OP)
It is. I was in early and the market makers literally just targeted us by constant dumps and wars and weather bs, all to bleed out anyone but the elite

>>507392544
Kek. I've heard of paxg but don't hold any gold through it. Good point though and I'll look into it

>>507358180 (OP)
>btc is a scam, i'm sure of it
You know, I get the hate of cyrptofags, all the rug-pulling of shitcoins and other nonsense, but no-coiners complaining about btc and 'being on the right side of history' are beyond retarded. When's the scam of btc, exactly? What are we waiting for? Its over $100,000 now, in a few years it will be a quarter million and you faggot no-coiners will be saying the same shit. Make fun of cryptofags all you want, but you people are stupid.

>>507396247
because its inherently useless. Simple as that. Its value is all air.

LISTEN UP!
"""Crypto""" is a pyramid scheme for a number of reasons.
1) It makes no money. It's just a """currency""" with no source of net income, e.g. taxes, corporations, interest on deposits, anything. A still birth commodity.
2) It takes money to maintain the exchange network. The people, indeed the employees of crypto exchanges, are a huge cost to maintaining bitcoin. The so called ANT farms that compute hashes are an enormous cost to maintaining the bitcoin network. This is known as a LOSS.
3) It needs new blood to keep this going. Like a classic pyramid scheme, without new blood, the system will collapse. See 2), people and networks need to get paid, and this dilutes to value of bitcoin, or are you stupid and think they exist for free?
4) New blood will dry up. Sure, Trump and Must pump and dump crypto all day long, and you are left holding the bag in the drama. Did any of you fagots buy DOGE base on Musks hype? How's that working out? This is an insight into what will happen to bitcoin once the floor falls out, and the enormous infrastructure supporting crypto has run out of new blood, and collapses en masse. Perhaps your timing is epic, and you can ride the wave. I'm staying as far away as I can, but the implosion will be global, and reflection on what the fuck happen will play like poorly written television.

>>507358180 (OP)
Wow it took you this long.
All crypto exists to make rich people with disposable incomes richer and to make pedophiles, drug dealers and human traffickers to profit themselves tremendously

>i dont have any crypto and i missed the multiple times to buy into it and now everybody's rich and it's not fair can it please go to $0 so i stop feeling bad about myself and how i missed the easiest get rich quick opportunity of my life
no
shoulda bought
still can though but won't since you won't break the streak of missed buy ins which is at like 80 by now

>>507396950
what the fucks the value of fiat then?
mammonites are fucking retarded, maybe the abrahamic filth are right, goyim are just cattle.

>>507358353
It's number on a screen though, if I don't accept it as a "store of value" like many don't it's valueless. It has no use outside of the meaning you and other assign to it.

>>507358180 (OP)
>i'm convinced ALL crypto is a scam.
welcome to 5 years ago