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People have and are using bitcoin in legal transactions. Legitimate companies accept it, legitimate customers pay using it, and legitimate products are traded f
by jake_the_third 8y ago
People have and are using bitcoin in legal transactions. Legitimate companies accept it, legitimate customers pay using it, and legitimate products are traded for it. This is reality.
If all you want to continue posting emotional comments on how much you hate bitcoin, then by all means I wont stop you. but to attempt to dismiss the currency as a toy strikes me as delusional and a bit sad. Approach this issue (and any other) with a level head. Don't let emotions take control you like this.
- dror 8y agoWhat is the ratio of " Legitimate companies accept it, legitimate customers pay using it, and legitimate products are traded for it." to people using it for money laundering, ransomware and other illegitimate activities. Ransomware would probably not exist if it wasn't for cryptocurrencies. Add the power usage, the graphic card shortage and the illegal activities and I suspect you're two to three order of magnitude larger than legitimate uses. Sooner or later cryptocurrencies will get banned, or at least fully regulated.
- jake_the_third 8y agoAll I'm saying is that, like it or not, cryptocurrencies are here to stay. It's far more constructive to focus on providing and improving legitimate services that accept or deal with these currencies than spending energy shouting at the clouds. If you want to continue shouting, be my guest. The rest of use will continue accepting and transacting with these currencies.