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I've used it to pay for things more than a handful of times. Just cause you don't have a reason doesn't mean the tech should be immediately dismissed.
by hparadiz 5y ago
I've used it to pay for things more than a handful of times. Just cause you don't have a reason doesn't mean the tech should be immediately dismissed.
- endisneigh 5y agoyou can also use fiat to pay for things. what's the benefit of bitcoin compared to say, USD for paying for things? is it cheaper or faster to buy $1 trinket using bitcoin vs. paypal?
- adamhp 5y agoThe typical argument (not one I necessarily agree with or am making) is that there is a limited supply of Bitcoin, whereas the supply of USD is controlled by US monetary policy. On the other hand, it is "decentralized", i.e. backed by the blockchain and not a political body. Again, not my arguments, but arguments I have heard.
- 8note 5y agoThe supply is only kinda limited though; most of it is controlled by a few accounts, and they could release more supply if they wanted to in order to do things like US monetary policy They'd run out eventually, but you'd still have lost out
- unknown_error 5y ago> what's the benefit of bitcoin compared to say, USD for paying for things? You help enrich the Bitcoin speculators. Spending in USD doesn't do that.
- hparadiz 5y agoInternational transactions where PayPal locks your account for no reason comes to mind.