I still don't get it. What are all these coins good for...

I still don't get it. What are all these coins good for? You can't trade them for good and services like you do with real currencies. You can't eat them. They feel like some fucking casino chips you gamble with but are worthless unless you convert them back to real money in the end.

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REQ will solve that.

Idiots trading with idiots. Everyone thinks they found some kind of revolutionary idea and everyone's jumping in on it.

It'll pass, don't worry.

It's partially speculation on emerging techology but mainly desu

Bitcoin can be used to buy drugs too

That's why casinos don't exist.
Oh wait

>i dont get it waa

And how much research have you done?

Enough. Blockchain technology has been out there for a decade already. If it has had no real applications to this day, it never will.

This is what 0xBitcoin is going to solve, there won't be a need for 1000 different tokens when everyone can just implement 0xbitcoin in their dapps and smartcontracts

>literally play eth games all day and make 10k/month doing so
>mfw reading people who probably earn less than half of that wondering "what's the point of trustless programmable currency that frees developers from any need to manage accounts, payment systems or any type of security save for their frontend"
>mfw the real advantage isn't even the money being made, but the knowledge and fluency acquired in this technology bound to become ubiquitous
but yeah, you keep on mumbling about casino coins. who knows, it might work out just fine for you

I don't mind spoonfeeding but at least put 30 seconds of googling into it before shitposting. Trading them for goods and services is the most common thing they have in common unless it's a utility token.

Check out bitcoin, also known as BTC. It's pretty neat stuff. I can't think of a better place to tart reading than there. It's pretty well known too.

Damn, good question. You're probably the first one asking this too, welcome to biz o wise one.

Projects that work with real world use cases will prevail once the hype is dead. 95% of crypto right now is a fraud.

People can now ignore the government more and more, is it so fucking hard to understand?
Short term yes, you only trade to accumulate welath in USD, but long term crypto is shrinking the power of the governments.

i got my first crypto debt card over the weekend. OP, why would i transfer my crypto that is going up in value to fiat that is losing value? 'real money' is dumb to hodl.....

But what can you do with it, besides converting it back to real money.

Buy airplane tickets, airbnb, anything on amazon, settle debt with friends etc.
If you look hard enough then you can find pretty much everything you need with crypto.
You could have got that crypto from anywhere with 0 tax and nobody will ask you where you got it. Governments will start banning it eventually because of this, but eventually they will fail to enforce it.

But you're not using it to do those things and neither is anybody else. As you said, it's raising in value, so why spend it? In the end, it's nothing more but a scam where people funnel fiat money at it until it's time to cash out and some fools lose everything they put in.

What do you mean I'm not using it for any of these things?
I do for all of these things, that's why I wrote them out. I only buy groceries and pay rent in fiat.
And with every purchase I do in crypto, the government gets 0 money.

I'm using crypto because I only keep a small necessary amount in fiat (I'm self employed and don't have normal salary)

>And with every purchase I do in crypto, the government gets 0 money.

this is not how this works brainlet. If you buy something online the seller pays tax on your behalf so the price is higher before you even get to see how much of it is tax.

paying with casino chips doesn't change that in any way.

fuck off kike, we dont want your fiat dog shit backed by jew grease.

Crypto is never going to be a real currency, the only thing it's good for is exploring decentralized technologies - the coins are basically company stocks. That's it.

this.

i have thousands of dollars invested anyway though

Ok, I agree that you still basically pay VAT, but this will also be overcome.
But you can still avoid income tax, social tax and trade based taxes depending where you got the money from. Basically it all comes down to the people accepting the new tech with an incentive to avoid taxes.

Basically you can use crypto anywhere where you would otherwise use cash, but you can also use it online.
This creates a lot of loss for the government and eventually it won't have the resources to enforce the remaining taxes.

That's tax fraud tho so I'd be careful about buying a car with crypto, for example

That is the point; maximizing the fiat money you have. If enough idiots believe that the tech is going anywhere you can make a quick buck out of it.

That's true, currently I'm playing by the rules when it comes to cars and real estate.

That being said - any insight on when to get started? I don't mind doing tax fraud when Binance doesn't even have my name tied to it kek

They can't do shit about it though. Last car I bought was $10, a 2008 chevy malibu. I did give him a gift of less than $14k so that was his way of saying thanks I guess. They can't tax that small of a gift so it's a non-issue. I did have to pay taxes when getting my license plate, but it's not so bad on $10.

Learn about CryptoNote. Start with Monero.

>i won in a casino
>everybody should earn their living by playing in a casino

C O P E.

yeah i'm still coping with selling all that garbage in january

sure, thanks for holding our bags user

>sold ath
>holding bags

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Holy fuck, just stop prandeep, we aren't going to buy your bags. It's a completely redundant token.

Never gonna make it.

It's a big scam

Liteally everyone can see every transaction ever.

But the gov can not enforce tax

>You can't eat them
LMAO
>WHAT COIN FOR?
>ME EAT
>OWWWW! COIN TASTE LIKE COMPUTER!!! GRRRRR!

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You can use your ERC20 tokens on the Request Network Akon with your BTC and ETH.

Problem solved.