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Being used for scams is not the same as being a scam. Dollars are being used for scams all the time. In what sense do you claim BTC is used "almost exclusively

Being used for scams is not the same as being a scam. Dollars are being used for scams all the time. In what sense do you claim BTC is used "almost exclusively for scams"? Seems to me for the most part it is simply being traded. Do you mean Ransomware? What fraction of BTC transactions happen because of that?

dmitriid 5y ago
> Being used for scams is not the same as being a scam. You have to read context and understand what people are saying. When people say "Bitcoin is scam" they mean the way it's used, not the tech itself. > In what sense do you claim BTC is used "almost exclusively for scams"? In the sense of the word scam. I was wrong though. Bitcoin is used almost exclusively for two things: scams and hoarding. There are almost no other uses. > Do you mean Ransomware? No, I don't.
- kkjjkgjjgg 5y ago
  "When people say "Bitcoin is scam" they mean the way it's used, not the tech itself." It just comes across as "those people have no idea what they are talking about". Honestly I don't care that much about people using BTC for scams. I care about the tech. I find it difficult when people say "BTC will be worth xxxxxxxx$ soon". That kind of statement may be scammy, or at least speculative. But that is different from the tech.
  - dmitriid 5y ago
    > It just comes across as "those people have no idea what they are talking about". It doesn't. When the tech is exclusively used for hoarding and scamming, it becomes synonymous with its use. > Honestly I don't care that much about people using BTC for scams. I care about the tech. This really is a non-sensical statement. Tech doesn't exist in a vacuum.
    - kkjjkgjjgg 5y ago
      "When the tech is exclusively used for hoarding and scamming" There are a gazillion startups in Bitcoin, I don't think they are all into hoarding and scamming. Sorry, you still sound like the people who have no idea what they are talking about. And as I said, dollars are being used for scamming a lot, too. "This really is a non-sensical statement. Tech doesn't exist in a vacuum." Of course I care about what can be done with the tech, but not about the scams. There are many other uses. However, I don't have to convince you, it doesn't matter to me.
      - dmitriid 5y ago
        > There are a gazillion startups in Bitcoin, I don't think they are all into hoarding and scamming. They are. > Sorry, you still sound like the people who have no idea what they are talking about. I know exactly what I'm talking about. Show me a start up, and I will show you how the very same things can be done and are being already done faster, and more efficiently without Bitcoin. Apart from the very, very, very small use case of sending money to failed states, and even that use case is hinging on a lot of ifs. > And as I said, dollars are being used for scamming a lot, too. Yes, but that's not their primary use. > There are many other uses. If there were, it wouldn't be used almost exclusively the way it's used right now.
        kkjjkgjjgg 5y ago
        " I will show you how the very same things can be done and are being already done faster, and more efficiently without Bitcoin." Right, so how can I get a bank account that nobody can shut down? "Yes, but that's not their primary use." Neither is bitcoin's. So is gold also a scam, in your opinion? I mean if Bitcoin is a scam, it is probably one of the most complicated scams ever? How many millions of lines of code have already been written for the Bitcoin ecosystem? "If there were, it wouldn't be used almost exclusively the way it's used right now." So gold is also a scam?
        dmitriid 5y ago

dmitriid 5y ago

> Being used for scams is not the same as being a scam. You have to read context and understand what people are saying. When people say "Bitcoin is scam" they mean the way it's used, not the tech itself. > In what sense do you claim BTC is used "almost exclusively for scams"? In the sense of the word scam. I was wrong though. Bitcoin is used almost exclusively for two things: scams and hoarding. There are almost no other uses. > Do you mean Ransomware? No, I don't.

kkjjkgjjgg 5y ago
"When people say "Bitcoin is scam" they mean the way it's used, not the tech itself." It just comes across as "those people have no idea what they are talking about". Honestly I don't care that much about people using BTC for scams. I care about the tech. I find it difficult when people say "BTC will be worth xxxxxxxx$ soon". That kind of statement may be scammy, or at least speculative. But that is different from the tech.
- dmitriid 5y ago
  > It just comes across as "those people have no idea what they are talking about". It doesn't. When the tech is exclusively used for hoarding and scamming, it becomes synonymous with its use. > Honestly I don't care that much about people using BTC for scams. I care about the tech. This really is a non-sensical statement. Tech doesn't exist in a vacuum.
  - kkjjkgjjgg 5y ago
    "When the tech is exclusively used for hoarding and scamming" There are a gazillion startups in Bitcoin, I don't think they are all into hoarding and scamming. Sorry, you still sound like the people who have no idea what they are talking about. And as I said, dollars are being used for scamming a lot, too. "This really is a non-sensical statement. Tech doesn't exist in a vacuum." Of course I care about what can be done with the tech, but not about the scams. There are many other uses. However, I don't have to convince you, it doesn't matter to me.
    - dmitriid 5y ago
      > There are a gazillion startups in Bitcoin, I don't think they are all into hoarding and scamming. They are. > Sorry, you still sound like the people who have no idea what they are talking about. I know exactly what I'm talking about. Show me a start up, and I will show you how the very same things can be done and are being already done faster, and more efficiently without Bitcoin. Apart from the very, very, very small use case of sending money to failed states, and even that use case is hinging on a lot of ifs. > And as I said, dollars are being used for scamming a lot, too. Yes, but that's not their primary use. > There are many other uses. If there were, it wouldn't be used almost exclusively the way it's used right now.
      - kkjjkgjjgg 5y ago
        " I will show you how the very same things can be done and are being already done faster, and more efficiently without Bitcoin." Right, so how can I get a bank account that nobody can shut down? "Yes, but that's not their primary use." Neither is bitcoin's. So is gold also a scam, in your opinion? I mean if Bitcoin is a scam, it is probably one of the most complicated scams ever? How many millions of lines of code have already been written for the Bitcoin ecosystem? "If there were, it wouldn't be used almost exclusively the way it's used right now." So gold is also a scam?
        dmitriid 5y ago