5 ms·

If only demanding evidence of crimes would magically materialize said evidence. It is hidden by design, that's why it's used for illegal stuff on the first plac

If only demanding evidence of crimes would magically materialize said evidence. It is hidden by design, that's why it's used for illegal stuff on the first place, and why it wasn't banned yet (who needs to hide money more than politicians?). It's pretty obvious by the lack of legitimate activity. Nobody's buying pizzas for bitcoins. It's all about speculation and hiding your money from taxes.

kipchak 5y ago
>Nobody's buying pizzas for bitcoins. Couldn't I buy a pizza with Bitcoin in El Salvador? https://seekingalpha.com/news/3738724-mcdonalds-starbucks-pizza-hut-accepting-bitcoin-in-el-salvador https://seekingalpha.com/news/3738724-mcdonalds-starbucks-pi...
- catlikesshrimp 5y ago
  The Goverment is no longer promoting Chivo. The platform is allegedly cold now. People who originally installed it for the $30 sign up bonus (which is hefty) retired. Your link is from September. I am not going into the problems with the platform as I am not physically there. But this iteration of the project didn't take off. The government still invests in Bitcoin, which is another issue.
  - kipchak 5y ago
    Interesting, I hadn't heard Chivo was no longer active. I can't seem to find any reference to it being cold, though like you say it's difficult to get perspective not being boots on the ground. The most recent article I can find is this one from last week that seems to indicate it's still active, though it could be out of date. https://www.inverse.com/innovation/bitcoin-el-salvador-protests-chivo-app https://www.inverse.com/innovation/bitcoin-el-salvador-prote...
    - catlikesshrimp 5y ago
      Chivo is active. What I wanted to say is the Goverment had cooled down the promotion of the platform. Advertising in private and public spaces, that is. My opinion is Nayib Bukele will keep chivo as a business partner. This article from a week ago states that the goverment is paying a cashback of a $0.30 per gallon of gasoline if you pay with Chivo. https://m-elsalvador-com.translate.goog/noticias/negocios/chivo-wallet-mecanismo-subsidio-estado-leonor-selva-anep/899302/2021/?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=fr&_x_tr_pto=nui https://m-elsalvador-com.translate.goog/noticias/negocios/ch...
keymone 5y ago
you people live in a bubble of denying that bitcoin has become way more useful than you ever thought it would be.
- mendigou 5y ago
  What do you use bitcoin for?
  - keymone 5y ago
    escaping incompetence and corruption of politicians lobbied by banking elite, saving for retirement, funding opposition in oppressive regimes, buying things.
    - jschwartzi 5y ago
      So in other words it’s useful for feeling morally superior.
      - keymone 5y ago
        Lol, yea, sure buddy
    - mendigou 5y ago
      What things do you buy?
      - keymone 5y ago
        i buy things that are legal.
sweetbitter 5y ago
Wasn't the first bitcoin transaction actually for a pizza?
- keymone 5y ago
  one of the first public purchases of legal real world things, yes.
- thedevelopnik 5y ago
  Between Something Awful forum members where most of us went “huh, novel, whatever” and didn’t get wrapped up in it.

kipchak 5y ago

>Nobody's buying pizzas for bitcoins. Couldn't I buy a pizza with Bitcoin in El Salvador? https://seekingalpha.com/news/3738724-mcdonalds-starbucks-pizza-hut-accepting-bitcoin-in-el-salvador https://seekingalpha.com/news/3738724-mcdonalds-starbucks-pi...

catlikesshrimp 5y ago
The Goverment is no longer promoting Chivo. The platform is allegedly cold now. People who originally installed it for the $30 sign up bonus (which is hefty) retired. Your link is from September. I am not going into the problems with the platform as I am not physically there. But this iteration of the project didn't take off. The government still invests in Bitcoin, which is another issue.
- kipchak 5y ago
  Interesting, I hadn't heard Chivo was no longer active. I can't seem to find any reference to it being cold, though like you say it's difficult to get perspective not being boots on the ground. The most recent article I can find is this one from last week that seems to indicate it's still active, though it could be out of date. https://www.inverse.com/innovation/bitcoin-el-salvador-protests-chivo-app https://www.inverse.com/innovation/bitcoin-el-salvador-prote...
  - catlikesshrimp 5y ago
    Chivo is active. What I wanted to say is the Goverment had cooled down the promotion of the platform. Advertising in private and public spaces, that is. My opinion is Nayib Bukele will keep chivo as a business partner. This article from a week ago states that the goverment is paying a cashback of a $0.30 per gallon of gasoline if you pay with Chivo. https://m-elsalvador-com.translate.goog/noticias/negocios/chivo-wallet-mecanismo-subsidio-estado-leonor-selva-anep/899302/2021/?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=fr&_x_tr_pto=nui https://m-elsalvador-com.translate.goog/noticias/negocios/ch...

keymone 5y ago

you people live in a bubble of denying that bitcoin has become way more useful than you ever thought it would be.

mendigou 5y ago
What do you use bitcoin for?
- keymone 5y ago
  escaping incompetence and corruption of politicians lobbied by banking elite, saving for retirement, funding opposition in oppressive regimes, buying things.
  - jschwartzi 5y ago
    So in other words it’s useful for feeling morally superior.
    - keymone 5y ago
      Lol, yea, sure buddy
  - mendigou 5y ago
    What things do you buy?
    - keymone 5y ago
      i buy things that are legal.

sweetbitter 5y ago

Wasn't the first bitcoin transaction actually for a pizza?

keymone 5y ago
one of the first public purchases of legal real world things, yes.
thedevelopnik 5y ago
Between Something Awful forum members where most of us went “huh, novel, whatever” and didn’t get wrapped up in it.