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You completely missed my point. Simply put: People use cryptocurrencies as speculative asset while they claim they are using them for decentralization and othe
by SCLeo 5y ago
You completely missed my point.
Simply put: People use cryptocurrencies as speculative asset while they claim they are using them for decentralization and other properties.
- dns_snek 5y agoI still don't see the fraud? Just because your friends/associates aren't using cryptocurrencies for that purpose right now, doesn't mean that other people aren't, or that they won't be in the future. This is akin to saying that seat belts are fraudulent because they aren't saving your life every single day. You might not need the properties of censorship resistance, privacy and so on right now, until one day you do. I would much rather live in a world where such currencies are available in case I need to rely on them.
- mattwilsonn888 5y agoYes but do you understand what speculation means? Speculation means betting on future value.
- tim333 5y agoThose things aren't so incompatible. You can hope they'll go up because they have useful properties.