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With Bitcoin, I can at least use it for transactions online. Which is almost 100% of my method of procuring stuff now, I also work for a company that facilitate
by fredfoobar 6y ago
With Bitcoin, I can at least use it for transactions online. Which is almost 100% of my method of procuring stuff now, I also work for a company that facilitates that!
- mbesto 6y agoI can also use gold to barter in person. The point is that Bitcoin reach as a medium of exchange is limited. I would argue on a global scale, it's as limited as gold.
- fredfoobar 6y agoYeah, you're not gonna give me a fake gold coin in exchange for whatever you wanted from me. I'll trust you to be honest and give me 100% pure gold.
- mbesto 6y agoYou mean just like all of the <insert random scam>coins out there or <insert random wallet> that gets hacked? You realize there are brokers who help exchange gold right?
- fredfoobar 6y agoOh, the "Bitcoin can be hacked" narrative again. You realize you can manage a bitcoin wallet yourself right? I'm a software engineer, I trust the code that I can verify myself. And, regarding the brokers, I'd rather trust a decentralized public ledger than some dude's private ledger. Thanks. Like, keeping gold in your house is gonna prevent you from being hacked (to death)
- mbesto 6y agoThat's....my point.