Cryptocurrency (13 Viewers)

[swag]

DAOs are the new hedge funds

 

Buy on AliExpress.com

[.zero]

dope
I'm monitoring hard rn. DAOs are like venture capital funds but without jew gatekeeping. Let's buy a calshio team

we can and should totally start a DAO to take over Parma or one of those scum Italian clubs that can’t afford to pay their players and staff

 

[Quetzalcoatl]

India banning crypto.

A matter of time before more and more governments do the same?

 

[lgorTudor]

India banning crypto.

A matter of time before more and more governments do the same?

100%

safer to stay away from this planet killing speculation

gonna get banned everywhere VERY soon

 

[Quetzalcoatl]

100%

safer to stay away from this planet killing speculation

gonna get banned everywhere VERY soon

Seriously tho

 

[Cerval]

Seriously tho

Most democratic countries won't ban it since its a source of income due to people filing their taxes.

Then you get China, India and Nigeria that ban it mutiples time per year to have control over their population/national currency.

 

[Quetzalcoatl]

Most democratic countries won't ban it since its a source of income due to people filing their taxes.

Then you get China, India and Nigeria that ban it mutiples time per year to have control over their population/national currency.

I can see it happening in my country lol

So the US won't/can't ban it?

 

[Cerval]

I can see it happening in my country lol

So the US won't/can't ban it?

Close to impossible imo. Huge source of income, awareness of crypto keeps growing and lots of important persons involved in it. They will only potentially regulate it more

Nigeria banned it iirc, but everyone there use it because their national currency is worth nothing. For a country that doesn't have the infrastructure its difficult to enforce the ban

 

[Quetzalcoatl]

Close to impossible imo. Huge source of income, awareness of crypto keeps growing and lots of important persons involved in it.

Nigeria banned it iirc, but everyone there use it because their national currency is worth nothing. For a country that doesn't have the infrastructure its difficult to enforce the ban

It's easy to stop people from buying from exchanges at least, by having the banks block transactions.

You're right about the US probably, wouldn't get the support needed to ban it

 

[Cerval]

It's easy to stop people from buying from exchanges at least, by having the banks block transactions.

You're right about the US probably, wouldn't get the support needed to ban it

Theres probably always ways to get around it lol.

For the US, i edited my post. Difficult to see them ban it as i said, but they might potentially regulate it more

 

[Quetzalcoatl]

Theres probably always ways to get around it lol.

For the US, i edited my post. Difficult to see them ban it as i said, but they might potentially regulate it more

Isn't it not being regulated one of the major selling points of crypto?

 

[Cerval]

Isn't it not being regulated one of the major selling points of crypto?

True. Maybe at some point if it gets major mainstream adoption, the people in power will stop acting threatened by it and won't legislate against it anymore.

But in some cases, regulations that are not tax related can make the environment more safe.

For taxes, I mean, US or other countries could legislate more against DeFi and NFTs since rules are not crystal clear.

But in the end, even if taxed or regulated you'll end up much more profitable than not if you invest wisely.

 

[Cerval]

Isn't it not being regulated one of the major selling points of crypto?

One last thing, no matter how much it could get regulated, governments still won't have control over inflation like with central banks and national currencies.

 

[lgorTudor]

@swag
Last chance for you to get a Karen!

 

[swag]

Some crypto stuff is gonna have legs. Most of it is going the way of Pets.com

"NFT this, bishes"

 

[swag]

Of course, we get ourselves a quantum computer and then all your crypto are belong to us

https://asiatimes.com/2021/12/quantum-hackers-can-bring-down-bitcoin-expert/

*evil laugh*

 

[swag]

Of course, we get ourselves a quantum computer and then all your crypto are belong to us

https://asiatimes.com/2021/12/quantum-hackers-can-bring-down-bitcoin-expert/

*evil laugh*

 

[icemaη]

Of course, we get ourselves a quantum computer and then all your crypto are belong to us

https://asiatimes.com/2021/12/quantum-hackers-can-bring-down-bitcoin-expert/

*evil laugh*

If hashing can be broken, we are fucked all around. All our information systems are based on that. Have you come across any projects that are reimagining encryption from the ground up?

 

[swag]

If hashing can be broken, we are fucked all around. All our information systems are based on that. Have you come across any projects that are reimagining encryption from the ground up?

I’ve been pointing out this problem for about five years.

I don’t think we’re there yet. But when we are, it will be a while before we notice.

I honestly don’t think most crypto investors understand that they never own crypto, only their key does. And it can be reverse engineered with sufficient computing power.

And reimagining from the ground up? I’m all for it, but don’t know of any. As it is now, the idea that we have hard puzzles as the inefficient foundation of trust and value strikes me as a bit stupid.

 

[swag]

Booyah