[a / b / c / d / e / f / g / gif / h / hr / k / m / o / p / r / s / t / u / v / vg / vm / vmg / vr / vrpg / vst / w / wg] [i / ic] [r9k / s4s / vip] [cm / hm / lgbt / y] [3 / aco / adv / an / bant / biz / cgl / ck / co / diy / fa / fit / gd / hc / his / int / jp / lit / mlp / mu / n / news / out / po / pol / pw / qst / sci / soc / sp / tg / toy / trv / tv / vp / vt / wsg / wsr / x / xs] [Settings] [Search] [Mobile] [Home]
Board
Settings Mobile Home
/biz/ - Business & Finance


Thread archived.
You cannot reply anymore.


[Advertise on 4chan]


you cant do shit with your bitcoins besides holding them and flexing with your family but I will listen to any of you biz faggots anyway
>>
>>61229314
how are these retards getting rich without knowing about staking or L1s overall
>>
>>61229314
You can stake bitcorn though
>>
>>61229543
i dont want my btc on some chink scam
>>
>>61229314
Ethereum is an ever-changing tech stack run by developers and validators who can rewrite rules, censor transactions, or inflate supply when convenient. It’s complex, centralized, and regulatory-fragile. It’s an experiment driven by intemporal trends and hype and it will not last.

Bitcoin is the perfection of money as an informational concept. We took gold and used it to cope as being the best, closest thing to something that would work as a good base for currency and exchange. But at the end of the day it’s just a rock and has its own limitations. Bitcoin offers everything gold does with zero drawback. Maximum liquidity, instant transfers, mathematical perfection, etc. It is the first mover. It is institutionally growing by the month. Everything about it makes it superior to what’s come before, the only question is when the catalyst will drop that will start the ultimate race to max holding
>>
>>61229314
BTC because we love pumps and money, thats it.
>>
>>61229314
I don't think they should be compared as they are two entirely different things with different foundational purposes. BTC is meant to be a store of value and nothing more. ETH brings programmable decentralized finance. BTC is great but there's nothing gayer than a maxi who vehemently insists it does anything more than store value because if you've ever actually tried to use it for anything you would know that's bullshit.
>>
>>61229314
ETH is a premined shitcoin controlled by jewish investors (72m tokens premined)
They switched to PoS so they would never lose control.

PoW blockchains reign supreme because the controllers are the economic nodes and the energy producers are paid by them to secure it.

So you get to choose a centralized premined jewish scam, or a free market confirmed by energy producers.

For years ETH has been globohomo anti-energy anti-growth anti-freedom b.s. and shouldn't be taken seriously.

This jeet in the photo was the coordinator for the 72m token premine.
>>
File: 1563275112017.png (438 KB, 1879x1081)
438 KB
438 KB PNG
>>
>>61231231
BTC baselayer is great for storing value, but transaction throughput limitations can make transactions expensive and take time.
This was done to keep the nodes decentralized.

ETH isn't decentralized at all.
The real nodes on ETH are not "full nodes" they're called "archive nodes" and not many people on this planet know what exactly it takes to sync one.

By limiting the throughput on the base layer BTC creates better decentralization, and allows for the currency/contracts aspects to be done on the 2nd layer.
LN is a bit technical and not fool proof, ecash begins to take away the trustlessness and sovereignty of users for convince, federations same deal.
The main point is the base layer of BTC is non negotiable, and whatever the developers want to play with on top of the base layer is up to them.

ETH did this backwards to try to flip BTC and it shitted up the project, but that was the plan all along.
Take away user's trustlessness and sovereignty from the get go, and come up with stupid solutions to keep the ball rolling.
>>
>>61231298
>convince
convenience
>>
>>61231298
so what happens in 10 years after enough halvings make securing the BTC network unprofitable?

what if I want to hodl my BTC forever but use it as collateral for loans so I can live without selling it?

while the TXN limit may be design, it also makes it not very good for basically anything other than holding. when ordinals were popular it literally broke bitcoin for a few months.
>>
>>61231323
Halvings concentrate security

>what if I want to hodl my BTC forever but use it as collateral for loans so I can live without selling it

Uh, yeah. Exactly

>it also makes it not very good for basically anything other than holding

Correct. That’s the idea
>>
>>61231340
I don't understand what we're disagreeing on then other than the fact that you think ETH is jewish. That doesn't mean it's not highly useful for decentralized finance and programmable contracts.
>>
>>61231323
Two factors I can see playing out are large transactions and complex transactions will be prioritized so the fees associated with transacting does't create dust.

Bitcoin mining is a put option on electricity meaning it's the lowest use case on the electrical grid's heiarchy.

The way this works is energy that's going to waste anyways is used to mine.
It can scale anywhere from home heaters all the way to balancing a nuclear powerplant's output or flare gas mitigation.

This gives it a use case making extremely cheap mining rewards feasible.
There still needs to be activity on the chain though.
How much activity depends on who's willing to participate, how expensive BTC is, and how valuable the mining rewards are.

Anyone trying to predict this playing out by editing the rules of the chain is a stupid asshole.
Let the theory cook, let the chain develop, don't sacrifice the decentralized nature of the project.

>>61231357
It's Jewish and retarded.
>>
>>61231357
ETH is highly autistic
>>
>>61229314
Not fair to compare the two. Bitcoin is a standardized base unit. Ethereum is a dynamic development platform.
>>
>>61229314
BTC's role is to be decentralized money. ONLY.

ETH can do so much more but at the end of the day, no one cares because ETH keeps doing shit revolving around DeFi but most normies just want a store of value and BTC handles that just fine.

ETH can go to 10K-20K and beyond if they stop pushing the ETH is money bullshit and actually build smart contracts that are integrated in people's everyday life; revolutionizing how people conduct business. But this industry is too retarded to focus on that.
>>
>>61231323
>so what happens in 10 years after enough halvings make securing the BTC network unprofitable?

They create a new gas token BTC2 so they can maintain their 21M BTC mantra that they worship.
>>
>>61231260
This is disappointing to read. But explains a lot of the general industry's lack of vision and direction.
>>
>>61231449
ok thanks for playing. defaulting to being a fag about real world use cases that actually work and can move us forward is jewish and autistic I guess. I don't have any animosity toward bitcoin but bitcoin maxis that refuse to even acknowledge it's shortcomings make me really hope it goes to fucking zero one day. very shortsighted people. very disrespectful.
>>
>>61231890
the truth is that ETH literally CANT do what they promised over 10 years ago which is decentralized smart contracts in everyday business.
>>61229314
btc is crypto, everything else is a distraction
>>
>>61231953
>defaulting to being a fag about real world use cases that actually work
You missed the point completely if you don't see the real use case.
You're jewish and/or retarded

Global energy liberation.
Independent kWh futures markets based on region.

If you understood economics you would know what the triffin dilemma and the cantillon effect is.
It's what's causing global conflict right now.

Triffin dilemma is the problem being the world reserve currency and outsourcing production.
Cantillon effect is those closest to the money creation benefit the most.

Bitcoin mining being a put option on kWh makes the energy producers the benefactors of the cantillon effect, and the hierarchy of kWh usage allows for local production.

Keep playing with you stupid centralized jewish scam.
Keep seething about "use cases" you have no idea about.
>>
>>61230707
>Everything about it makes it superior to what’s come before
but inferior to what's after. Zcash.
>>
>>61232005
They should call it Jeetcash. I haven’t seen this tier of crypto shilling since the great rugpulls of 2021
>>
>>61229314
BTC because I enjoy not being down from 2021 ATH
>>
there is none. buy gold.
>>
>>61232457
Gold performs worse than stocks in the long run. Shut the fuck up boomer
>>
File: IMG_4756.jpg (287 KB, 1019x620)
287 KB
287 KB JPG
>>61229314
Anon doesnt know about staking btc with core
>>
Why the fuck would you tell ANYONE, let alone your family, about your bitcoin?
>>
someone post the pasta of ethereum having 10000 dapps while bitcoin has 20 faggots still trying to scale it
>>
>>61233985
Autistic individuals like to brag



[Advertise on 4chan]

Delete Post: [File Only] Style:
[Disable Mobile View / Use Desktop Site]

[Enable Mobile View / Use Mobile Site]

All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.