/finance/ - Finance

>>9 (OP) 
Finally, fuck Cryptoshit, I can now get my graphics cards again instead of having to buy at inflated prices so that some faggot in NYC can buy a bored ape jpeg

>>11
Except that there is still a scarcity of all kinds of raw materials, and shipping is still fucked globally. And I'm sure that scalpers won't stop doing their thing as long as these other problems are present.

>>12
Markets will eventually stabilize, give it a year. Shipping is the one thing that really worries me though because with the fall of the American Empire as the hegemon of maritime trade a ton of shit coming from Asia will probably have a harder time reaching Euroamerican markets.

>>13
The war in Ukraine actually made importing from China to Europe harder, although it mostly impacts manufacturers, but that will obviously hit the consumers down the line. Although I'm not sure if this particular problem will impact graphic cards, but it does add to the general instability of the global market. Not to mention that at this rate all trade between Russia and Europe will be cut off, and Shina does ship a lot of stuff through Russia.

>>9 (OP) 
This is journo-tier low effort OP, OP. Sad.
Better Lrn2Code soon!

Ofc the world won't accept such a bullshit solution, and the Russian recapture of Kiev from the hands of greedy kikes--and all that that implies globally--will only accelerate the world away from JewSA's orbit.

>>15
>Better Lrn2Code soon!
Coding is a bubble and it requires very little skill
Learning to repair shit is probably going to be a much more important skill once the incoming famine changes the face of the economy

>>16
<being this new

>Coding is a bubble 
fair enough. no doubt literally millions of trannycoders will SOL in the upcoming bust.

>and it requires very little skill
Tell that to AT&T and every other major infrastructure system in the world. 
>protip
>they don't hire poo-in-loos or journos to code up the systems control network for your local nuclear power plant, bro
And actually

>>35
I probably expressed it poorly, what I mean to say is that the barrier of entry in modern day IT and coding is very low thabks to simplified and interpreted programming languages, IDEs and prebuilt shit. GOOD and EFFICIENT programming is rare and even moreso with legacy servers, but the basics of coding are the same regardless of the environment, all you need to start is room temperature IQ, some primers on logic and mathematics and good ol stackoverflow.

Nexo Unveils Payment Card Where Users Get to Keep Their Crypto
https://archive.ph/8fvu9
>Nexo has unveiled a crypto-backed payments card that allows users to spend without having to sell their digital assets. The crypto lender is offering the Nexo Card in partnership with Mastercard (MA) and corporate payment services provider DiPocket, giving cardholders access to 92 million merchants worldwide. Nexo claims the card is the first to allow users to spend without selling their digital assets. It is linked to a Nexo crypto-backed credit line, with cardholders' digital assets as collateral. Payment is made through the credit line, which is available in fiat and stablecoins. The card is available across select European markets. Debit and credit cards linked to digital assets are established in the crypto industry, though many users may be put off because of the risk of losing gains in crypto's value. Nexo's card might encourage more frequent use of crypto-backed cards in everyday transactions by alleviating this risk. The card can be linked to Apple Pay and Google Pay.
Nexo Introduces Card Backed by a Crypto Credit Line With Mastercard, DiPocket
https://archive.ph/fQREm
>Nexo, the regulated institution for digital assets, has launched the Nexo Card, a crypto-backed Mastercard card, “in select European markets.” For the launch, Nexo is partnering with Mastercard and DiPocket, giving its users “access to cryptocurrency-powered liquidity across 92M+ merchant sites worldwide.” The Nexo Card is the first card in the world that “allows users to spend without having to sell their digital assets.” Nexo has teamed up with DiPocket, Nexo’s card issuer “for the new offering in Europe, and Mastercard as the tech company and payment network, to offer various innovative features for the Nexo Card.” The features include:
>Your Crypto Stays: The Nexo Card is linked to a Nexo-provided, crypto-backed credit line that starts and stays at 0% APR*. It allows cardholders to use their digital assets as collateral rather than selling them. The credit line is dynamic and can use multiple assets as collateral, including but not limited to Bitcoin, Ethereum, and Tether.
>Zero Fees: The card requires no minimum repayments, monthly, or inactivity fees. There are no FX fees for up to €20,000 per month.
>2% Crypto Rewards: Every Nexo Card transaction is equipped with instant crypto cashback, paid out in Bitcoin or in Nexo’s native NEXO Token. This means users not only can retain ownership of their digital assets, but they also earn up to 2% back in free cryptocurrency with each purchase, which becomes automatically available in their Nexo account.
>Seamless Access: Available both in virtual and physical form, the Nexo Card comes with direct Apple Pay and Google Pay integrations. Cardholders can add the Nexo Card to their preferred mobile wallet from the Nexo Wallet App with a few taps. Additional virtual cards come at no cost.
So we went from crypto being this source of anarcho-lolberg revolution to something you can link a credit card to. In a way it makes sense, as you can clearly find techfags and investmentfags who are not interested in those aspects, and it might be a sensible idea if they have a stable source of income in non-crypto money. But I also feel like that this whole thing is a trap so that they can later tax anyone who gets one of these cards for having crypto assets. Still, 2% cashback in Bitcoin does not sound that bad if you just ignore all the problems with this card.