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Literally nobody buys goods with bitcoin. Any services you buy tend to exchange to real money as soon as they get the payment.
by user-the-name 5y ago
Literally nobody buys goods with bitcoin. Any services you buy tend to exchange to real money as soon as they get the payment.
- 0thgen 5y agojust because bitcoin wasn't directly involved in a transaction doesn't mean it isn't standing in for economic value if I steal an ancient coin worth $10,000 dollars from you, and you're upset about it, am I making a good rebuttal by saying: "it's not like you could buy anything at the grocery store with it anyways"
- user-the-name 5y agoIt stands in for a gambling token, that is all. Speculators like to gamble using it. That is bringing actual value to society. We can get rid of it and it will be a net positive.