Back in 2000 Blockbuster was the king of movies. They dominated that market...

Stop being fucking delusional
your coins will never appreciate, get a job

It'll totally recover and shoot higher though, right? That's what happened with blockbuster, right? R..right?

everything

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pack it up, lads. normies say we're finished

Netflix did something similar to blockbuster, but did it better.

Does crypto do what fiat does better? Most people dont give a shit about privacy. Why is crypto better than PayPal or a debit card?

if you have to ask, you'll never get it. hang around Jow Forums some more, you might learn something

>wants crypto world to grow
>someone asks question interested in crypto
>fuck off kid

it allows one to bypass the banks. Its not perfect and its still in a constant state of change, POW vs POS, getting transaction times on par with most credit cards, and a bajillion other things. But it allows you to be in more control of your assets so you don't have to keep it at a bank which will then invest it, pocket the interest and use that interest to buy Senators who then make laws that benefit them and not the people.

Banks are too powerful to allow anything to compete against it

Are you implying the big bad banks haven’t bought a considerable share of the cryptocurrency market yet?

I know they blocked credit cards at my bank. Which I find telling.

Want to buy a 4,000 dollar TV you cant afford? Go right ahead.

Want to invest in 4,000 dollars worth of crypto, oh, no we cant allow that

Tell that to lehman brothers

we can confiscate the tv, the car, the house and you kids BUUUUUUT we cannot confiscate your cones

is that why bitcoin price is worth many times more than any of the big name banks stock per price

bitcoin is also worth 110 billion, which is a far cry from even just wells fargo being worth 1.9 trillion but just watch bitcoin will be worth over a trillion someday. the day of reckoning for banks is coming

I dont think that's the reasoning.

If you dont pay your bill the can still take your assets. They dont need the actual thing you bought. They just need money

>. But it allows you to be in more control of your assets so you don't have to keep it at a bank which will then invest it
the majority of people don't want to manage their own finances so this isn't actually a draw to the main consumer base

You dont need to be rejected for slave jobs you need a high power rile and a group of young men who have also been cut off from life by niggers jews and feminists and GET TO KILLING. go to the high rise bank and follow rich jews. KILL THEM with your squad. REPEAT> GO TO WEALTHY MANSIONS AND KILL ALL ADULTS AND TEENS OF ADULT SPECS. HUNT JEWS USE SQUADS TO TAKE OUT KIDNAPPERS WITH FLASHING LIGHTS.

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I can give a real simple usecase for crypto which I use a lot.
I live in Russia. Median wage is $500. I don't want to work for $500, so instead I freelance for American firms.
Normally, what I would have to do, is to sign a contract with American entity. After job is done, I'd get paid by bank wire. Local Russian IRS would ask "Hey user, where did you get that dollar from?", they would freeze my bank account (quite often bank itself would do that), and then I'd have to show them my contract and explain that's what I got paid for. Then they would tax me 13% income tax, and give me my money.
Alternatively I'd create an entity and do same thing essentially. I'd still have to prove every time that I got paid for something and then pay taxes.
Now with crypto contracts I get paid in crypto. No one knows that I got paid with crypto. No one freezes my bank account. I don't have to explain anything. Then I sell my crypto for cash, and I don't have to pay a tax.

So yeah, think really hard how much that is worth.

that is the reason, the transaction is not reversible, and that is if you buy with debit it is all cool, cause nobody cares what happens to your money

No, but them owning BTC doesn't change the Fact that I don't need to store my money with them if I have it in BTC.

>no taxes
>banks have less control

If you neckbeards think (((they))) will allow crypto you are stupid

If thats the reasoning its increadibly flawed.

>hey were repossessing your stuff cause you defaulted.
>I burn all my stuff.

so the only real usecase for crypto is tax evasion. Till there is more regulation it becomes harder and harder.

Back in the days you did not need kyc for crypto fiat ramps. Nowadays you need it with pretty much all of them

good you get it, most normies watch over their crap and will be sorry to see things destroyed

"they" who is this "they" cause I hate to tell you there is no Illuminati watching over us all. Crypto won't be outlawed just regulated like everything else.

>the virgin spoonfeed vs. the chad lurker
anyone who cannot figure it out for themselves is not worth the time. they will catch on after "experts" tell them it is safe.

>needing permission
you are fucked, guy

If you think ((they)) have the ability to stop it, you're stupid.
Not really. There are always ways to fraud with tax, be there crypto or not. I wouldn't even say that crypto is safest way to dodge taxes. I still take a lot of risk.
However part where you don't have to explain where your money comes from - that's what is times more important.

>"they" who is this "they"

>If you neckbeards think (((they))) will allow crypto...

What makes you think (((they))) have a choice?

Banks, people with a lot of money that doesn't want crypto to give any type of control or freedom to pleb wage slaves like us

again, why do you need their permission? do you know nothing about why crypto was invented?

They won't allow it. They've done a pretty good job shitting it up already due to fud and spreading of propaganda bans. Probably threats and murders and other shit. And no this isn't lizard people illuminati talk. I'm just talking about big money

a bank is JUST a pathetic firm, ultra regulated, zero margins huge overhead, totally 100% dependent on central bank policies

and you are a basket weaving mongol

quiet now get back in your cage in the basement

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you still don't get it. WHO THE FUCK CARES ABOUT THEIR PERMISSION? only statists and those who need experts to tell them what to do, i.e. you. crypto isn't for you, kid. go back to your IRAs and 401K and allow them to steal your money ((legally))

>that employee of the month pic
Goddamn it wagie we can do better

Do you have or ever owned a business?
You know these news charge you for all card transactions? Every time someone pays with their card you get jewed.

I’m a contractor, my money rarely clears before 3 days, 3 days of waiting time whenever u get paid, oh you need the money to clear to pay workers? Lol 3 days nigga why aren’t u rich and have 20k lying around for materials and shit.

Whenever I take on a job I get paid and usually have to buy materials etc with my money while the clients money clears, it’s a pain in the ass.

Wish I could get paid in ltc or cripple
Instant transaction, turn it into cash in secs at an atm machine, no 3% Hebrew surcharge.

You need to be 18+ to post here my sovereign friend

wew, lad. i feel sorry for you

Bitcoin (BTC) is myspace

Why is a 401k bad? I have one through mr.bossmansuckiesuck should I not be putting money into it? They put money into it with me

I don't think about you at all.

That's pretty unique to US's backwards banking system. Most cards and transactions nowadays also enjoy 0% (not every, but most, and it's certainly possible to set up it in a way that you always get 0%). For small businesses and transactions there's also no clearance/wait involved in majority of the world. To be honest I'm quite fascinated how US banking system can be this bad. China, Russia (countries I'm familiar with, and I expect much more countries are similar) don't have those issues, at least nowhere close to US's proportion.
That being said, rest of the world is very poor, limits are usually placed at $10K or so, but for those countries's median it's gigantic money.
Just to give you a taste of bank I currently use:
I can open new savings account or deposit right now, in 60 seconds, through my mobile phone. There's no limit to account number, I can have 8 accounts, or 80. I can make one for my mom, put her a spending limit, etc. I can freely convert and deposit in 7 currencies. My card2card transfers are limited at $1K usd, ATM withdrawals at $5000/day $12500/month. This costs me $20/year.

T. Banker

>thinking it's your money
you have to wait until you're 65 while inflation has robbed you of the value you put into it. if you want your money, you have to pay 25% removal fee and then cap gains on top of that. you're letting someone else hold your money for 40+ years so they can list it as an asset on their books to loan more fractionally reserved debt, further debasing your value.

Bitcoin is Blockbuster, Nano is Netflix.

You should switch to IRA ROTH at minimum.

I'm not a banker, I'm someone who uses crypto, unlike you, speculative wanker. Crypto has it's strong points, but what you're conveying is not crypto's strong point, that's US's crony capitalism AKA partial communism at work.

I unironically miss blockbuster not all these bullshit streaming sites just to watch a exclusive series.

>I unironically miss paying more money for a limited selection of movies.

The only thing I miss is the social part of it. And most people probably dont miss it but it was a reason to go somewhere. You might see someone you like while you're there or go do something else on the trip to the movie store, rather than just make a few extra clicks on your sadness station from your depression chair

>sadness station from your depression chair
At first I was like XD but then I was all :(

It's ok one day we will be dead

This unironically makes me feel better

same lol

Well, i remember in the early days thinking that netflix was a fucking stupid idea. Having to wait for movies to come in the mail? Fuck that I could drive to blockbuster and have it for tonight. Needless to say I think crypto is a fucking stupid ponzi scheme so I guess they can draw similarities.

facts

You're assuming the crypto market will recover to Dec 2017 levels.