5 ms·
Such an ignorant comment. There are hundreds of millions Bitcoin users globally, and only a very small fraction of them are criminals of any kind. And let's ig
by Geee 5y ago
Such an ignorant comment. There are hundreds of millions Bitcoin users globally, and only a very small fraction of them are criminals of any kind.
And let's ignore the actual criminals who legally counterfeit US dollars to finance war all around the world.
- thomastjeffery 5y agoI agree that that half of the comment was ignorant. The rest still stands.
- handrous 5y ago> And let's ignore the actual criminals who legally counterfeit US dollars to finance war all around the world. I've not heard of a legal counterfeiter. How's that work?
- Geee 5y agoThe Federal Reserve has a legalized monopoly on counterfeiting US dollars. [0] [0] https://mises.org/library/fed-giant-counterfeiter https://mises.org/library/fed-giant-counterfeiter
- handrous 5y agoAh—you arrived there by redefining the word. Got it.
- didntknowya 5y agogoogle always has a moving goalpost you can link to
- cwkoss 5y agoUSD is the currency of choice for criminals.
- Devasta 5y agoHundreds of millions in possession of bitcoin maybe, but the number using it for any legitimate purpose is a miniscule fraction of that. The vast majority are in it under the assumption that bigger rubes will come along later to buy it off them.
- Geee 5y agoPossession is a legitimate purpose. The primary function of money is to be a store of wealth. Medium of exchange and unit of account are secondary.
- Devasta 5y agoEven if we pretend that's true for the moment, it's also a shitty store of wealth, being propped up by a never ending supply of totally-backed-by-USD tether.