3 ms·
Bitcoin has some arguably valid use cases like empowering online markets for drugs, porn, and illicit stuff. It is also an interesting way out for countries wit
by mrpopo 5y ago
Bitcoin has some arguably valid use cases like empowering online markets for drugs, porn, and illicit stuff. It is also an interesting way out for countries with a failed economic system, like Nigeria or Venezuela as explained in the article.
Outside of that, no. We have more efficient means of payment. And that means of payment is tied to a government that is democratically elected (for most of the biggest currencies, at least). If you are not happy with the government's economic policy, fix the government.
- coryfklein 5y agoSeems like maybe you're responding to someone else's ideas about Bitcoin, as Lyn usually downplays it's use for payments and emphasizes it's capabilities as a settlement layer. Also > fix the government. Yeah, good luck with that. It also seems quite contrary to the typical entrepenuerial spirit which is usually in favor of coming up with free market solutions that work around government futility.