Crypto will be bigger than the New York Stock Exchange

Most of you neets can't comprehend the power behind the technology you are ignorantly playing with.

Let me explain why Cryptocurrency will have a bigger market cap than the New York Stock Exchange. All of you are early and will make it as long as you responsibly buy over the next 10 years.

If you buy a stock on the NYSE you can't do this with it:
>Withdrawal that stock into a private account controlled only by you.
>Send that stock to anyone, anywhere in the world, in seconds, not even needing to know that persons name.
>Trade that stock on thousands of exchanges, many of the exchanges being decentralized and not requiring private information.


Even total shitcoins are more powerful than the NYSE

Cryptocurrency tokenized assets are going to globalize and decentralize the stock market.

If you are in now, and you slowly invest responsibly, you will make it. We will all be wealthy because of this.

Attached: New York Stock Exchange.jpg (1000x667, 159K)

truly revolutionary, the masses will not be prepared for this level of technological change. See you on the moon

finally someone that gets it. stocks in the form of tokenized assets is going to be huge. not "muh world currency"; thats a pipe dream.

user. i would like to congratulate you. i have been preaching for this since q1 2017. you are one of the only other people who seem to have come to the same realisation as me.

so what now? just wait til stocks are tokenized?

should also add. that this is exactly why EOS is probably going to be huge. its not about decentralisation so much as it is ease of access. though decentralisation does have to be a minor part of it, so that anyone can participate, it is NOT the main factor. zero fees, and scalability are.

Based and redpilled

This is fedora-level thinking. Crypto will never even come close to stock exchanges.

yes. it will come. the whole space is still maturing. financial products still need to be developed. mainly derivitives in the from of fully on chain options, futures, margin trading.

more than likely it will be darknet markets that do illegal IPO's. Imagine silk road (or the equivilant now) doing an IPO where all shares are owned through tokens and dividends paid proportionally to token holders. The govt cant shut it down yet it give legitimacy to an illegal business that did not have to go through any regulation hoops. Now imagine if you could take that one step further and trade options and futures based on the Silk Road's stock (token).

After darknets do IPO's, third world countries with little to no regulations will follow. With people like bakeries IPO'ing their small business. Then it will creep into the first world and eventually megacorps.

What you should do now is slowly buy responsibly.

Look at the cryptos that are handled by the big players like Coinbase Custody, and BAKKT. Slowly accumulate those assets using 5% of your income. Don't speculate hoping for bigger returns. You don't need to. The returns are going to be big. Be responsible and sensible.

>this time it's different
not gonna make it

No, seriously, there are people on the Internet spending a non-trivial amount of time writing about a currency they think is going to fail yet continues to succeed beyond anyone's expectations. I get schadenfreude from their lack of schadenfreude. Granted, a few of them are being paid to write controversial click bait and/or just concern trolling – both activities that I respect and understand. ↩

This is generally stated by people who are in the 'out-group' and fantasize about being in the 'in-group' through politics/pedigree rather than economic/meritocratic processes. Demographically, they probably overlap with fans of The Secret. Economically, they are without exception bezzlers. ↩

Bitcoin has entered its Eternal September, where every person new to Bitcoin thinks they have a unique understanding of Bitcoin and everyone ought to hear about it. There's an endless flood of newbies 'concerned' about such and such 'problem' with Bitcoin. The Bitcoin community does these arrivistes a real disservice by taking them seriously instead of just telling them 'read more'. ↩

The opposite of Bitcoin Jesus. Bitcoin Jonah is a defeatist, self-sabotaging, and timid 'man' who is on a permanent quest to confirm Bitcoin's weakness. ↩

Bitcoin is the Best Unit of Account by Daniel Krawisz ↩

The Bitcoin Central Bank’s Perfect Monetary Policy by Pierre Rochard ↩

Bitcoin Has No Image Problem by Daniel Krawisz ↩

Hyperbitcoinization by Daniel Krawisz ↩

If you disagree then either you have not been learning or you have not been engaging in the debate, go back to square one. ↩

'I live in a rather special world. I only know one person who voted for Nixon. Where they are I don't know. They're outside my ken. But sometimes when I'm in a theater I can feel them.' - Pauline Kael

it literally already is at that level though. The erc20 tokens you are trading are just not representative of actual companies - all that needs to change is for a company to say, that they will pay dividends of what they earn to token holders and that token holders get a proportional right to vote on company decisions.

This is 100% correct

Dividend payments to token holders and also the ability to vote by "signing a transaction" is already possible.

It makes everything so vastly more efficient, global, and most importantly gives everyone complete economic freedom.

We are witnessing globalization of the markets in cryptocurrency.

>Girl: "Give me your cum, bull!"

>Even total shitcoins are more powerful than the NYSE

I agree with the idea that crypto will become more dominant, being a decentralized stock market.

But not with this statement. With network issues encountered by not-even-too-shit coins,like:

- Verge or BitcoinGold getting hit with a 51% attack, or
- Nano's unorthodox API causing exchanges like Bitgrail or even Binance to have double withdrawal bugs, or
- Things like Bytecoin's "infinite coin" bug

I don't see coins with totally shit networks gaining any foothold.

WHILE making an ERC20 token is simply a copy-paste job any pajeet can do in 15 minutes, and you've instantly created a new token you can use for whatever you want, like selling company shares.

AND it's backed by the 2nd most powerful crypto network (ETH, which is second only to bitcoin's).

tl;dr: Shitcoins are unnecessary, tokenizing the stock market can be done as 15minute copy paste jobs to create an ERC20 token, and be also backed by the powerful ETH network. Buy ETH.

Except Ethereum already has Loom (and similar tech will eventually get dropped into core), and Holochain shits all over EOS while being already in Alpha (and mainnet dropping soon). EOS is just a cash grab that solves no problems.

On a related note, crypto is programmable.

That is a total gamechanger. It can be modified to do virtually anything.

The flexibility is unparalleled

no. buy EOS.

>solves no problems
except it does. it has zero fees and 0.5 sec block times which means you can have a fully on chain dex.

even if loom copies, eos; it will
a) be not as secure as eos
b) still have fees when interacting/settling with eth's mainchain

Tokenization of assets...

Sounds alot like XLM’s work. My body is ready.

46k XLM hodler here. Don’t @ me

You are smart. Good quote. Drumpf and white people

Did you bought your XLM on market or got it in an airdrop?
Asking for a friend.

no, it's going to be ETH

Buy both, sharding is big because of horizontal scaling and DPOS is big because you can have licensed complaint validators like Worbli is going to have.

Cryptocurrency is just a scam designed to appeal to anarchists and tin-foilers who would otherwise hoard physical gold. Like any other scam, it transfers wealth from the insiders with knowledge of the game to masses of broke, unsophisticated 'investors'.

It's almost like it's deliberately targeted at ruining the lives of people of people who are ideologically opposed to the elite's agenda. You want to ask yourself again why it was invented by a fucking NSA agent?

The stock market represents real world companies that produce real world products that have real value you fucking idiot, shitcoins don't.

Completely missed the point you dumbass

Companies will tokenize their assets when they realize how much more money their stocks will be worth when literally any fucking neet in the world can buy and trade their stock.

Which coins do you see benefiting the most from this trend, fren?

Can someone give me an example of a real world crypto use in a derivatives market, where the buyer and seller are exchanging product for $

I believe user

Guy, a homeless person with a fucking $100 wal-mart phone and a wi-fi hotspot can already buy and sell stock, retard. Adding slow as fuck blockchain shit to everything doesn't make it work better.

>can already buy and sell stock, retard
its not about buying and selling it. its about any company being able to go public. how many companies do you know right now that can get listed on NYSE or NASDAQ? next to none meet the criteria. In comparison, anyone can create an erc20 token and instantly trade it on etherdelta.

imagine if we had a faster, more scalable blockchain that can do an onchain dex at 40x the speed of etherdelta and with zero fees. how much capital is unlocked. now imagine a derivatives market on top of that so now anyone can create their token in 5 minutes and instantly be granted access to financial products that can be traded on it such as options, futures etc.

that chain is EOS. or ETH, if they ever get their scaling shit sorted out.

Subtle jnt shill

Dude, the trailer park down the road from me is publicly traded on OTCMKTS / pinksheets it cannot be that hard to do a public IPO.

Got most of my stack early january last year. Bought more on the ibm partnership in june.

What projects do you recommend?

I'm just commenting on this image, I'll be in NYC in November and I'm really tempted to pull crypto related stunt on the bull. maybe a giant chain necklace with BTC symbol on it and alts on the little girl.

no shit, global currencies (bitcoin/ethereum) will, just don't expect your random shitcoin to matter when btc/eth eventually get to that scale.

late adopter shitcoins will eat each other alive competing for liquidity and speculators long before we see a multi trillion dollar crypto market.

Will i make it with 5k xlm or should i buy bat or link instead?

Source:my ass

Please do and post results

>ETH

Kek, it's going sub 100$ by EOY. It serves no purpose and it's merely used as a platform for Ponzi schemes and yet it's still has a 40 Billion market cap...we're still in a bubble

nice try. you have to be technologically illiterate to not understand the purpose of eth

>Withdrawal that stock into a private account controlled only by you.
Why would you even want to "Withdrawal " dat stock you fucking retard? Just think about it a little.

try to reach atleast 20k, then sit back and wait 2-3 years

It’s just a technology based on immutability. Way less of a big deal than the Internet. Won’t be nearly as transformative.

me libertarian me smart
me buried me stock in backyard

erc-20 TSLA incoming

Underrated post

master troll or 16y/o

Yes, but which cryptos are gonna be mooning? 99% of cryptos are complete shit. Only Chainlink, Ripple and Ethereum will have any value. Also Bitcoin if it solves it's scalability problem.

What platform will even be used for tokenizing assets? Probably Ethereum if it solves its scalability problem.

I'm well aware of this, if I weren't such a brainlet I'd be out right now hustling at some finance startup. The companies that are being born right now are all going to either be bought by the big banks down the line or turn into giants the size of Visa or Paypal.

Do you know what happened to the venezuelan Petro coin anyway? IIRC that is the first move to asset-ize the technology.

Stock exchanges charge custodial fees to hold your actual papers somewhere, it's negligible for most traders but it's there and it's an inneficiency.

>Only Chainlink, Ripple and Ethereum

A meme, a useless token and a platform for Ponzi schemes

ETH, QASH maybe EOS, JNT and companies which already implement this idea in their business model like RLX. But it's difficult to forecast

What about the only coin that is actually being used, Monero?

The girl statue is more appealing than the bull statue. Removing both would solve that little fucked up symbolism anyhoo, niggarootoo!

is this the unofficial jnt shill thread?

why is they call is qash instead of gash

i would have bought heaps of it was gash

instead its fucking nothing

Soon its Liquid anyway

>shadman

who's going to allow it. That would make stock manipulation easier than ever. Shit like spoofing order book, insider trading, pump and dump schemes and all other cool stuff we see in crypto will become easier than ever.
Well actually, i guess that's what powerful cunts from wall street actually want so they might shill this idea into reality with all their money and influence

its illegal for them to do it

Attached: 1531777669997.jpg (960x720, 78K)

It will have to be about decentralization because even though I have been saying something similar (tokenization of everything to globalize investment and access emerging markets) governments are not going to stand by watching their money invest in foreigner companies with little repercussion on their local economy.

Wall Street would design their own shitcoin blockchain mechanism to do this, if it made any economic sense at all and it would be designed well, shilled by institutions with money

No shitcoin made by some mystery faggot with a GitHub page from Finland or India is going to be adopted by the mainstream.

Attached: Bullmarket.jpg (1024x1024, 139K)

Will this add value to btc or ltc?

Never post that little whore again unless its the pic of her getting bullED

Attached: yes.jpg (1280x720, 85K)