5 ms·

> Doesn't really seem to work What are you talking about? Multiple large businesses in the US accept crypto. You can pay Newegg for a new computer using crypto

> Doesn't really seem to work What are you talking about? Multiple large businesses in the US accept crypto. You can pay Newegg for a new computer using crypto. You can transfer currency between countries using crypto as the intermediate method of exchange. What about crypto "doesn't really seem to work"?

mrtranscendence 5y ago
You write as though there were a wide array of businesses that accept crypto. In reality, only a vanishingly small number do so, and many of those that used to accept crypto do so no longer. Tesla, for example. Bitcoin, at least, is much too volatile to serve as a useful medium of exchange.
Melting_Harps 5y ago
> What are you talking about? Multiple large businesses in the US accept crypto. You can pay Newegg for a new computer using crypto. You can transfer currency between countries using crypto as the intermediate method of exchange. What about crypto "doesn't really seem to work"? This is YC, I used to think it was just ignorance when it came to Bitcoin, which it still partly is since this space moves so fast; but the more time I spent in the Valley and met more of these type of typical FAANG footsoldier who fancy thesmeslves the next Musk while they toil away in helping create the surveillance economy it's more pernicious these people were highly rewarded for their subservience. Why would they 'get it' when they only thing they've been successful at is only possible in the fiat system? Seriously, I gave up years ago trying to engage in good faith with them, now I just have utter indifference for them, either way we already won: they just haven't realized it yet and will throw out the typical misinformed rebuttals why it doesn't work: energy use, criminal use, hard to use (this one is kind of true but only because of OPSEC).
deleted 5y ago
[deleted]

5 ms·

> Doesn't really seem to work What are you talking about? Multiple large businesses in the US accept crypto. You can pay Newegg for a new computer using crypto

by d110af5ccf 5y ago

mrtranscendence 5y ago
You write as though there were a wide array of businesses that accept crypto. In reality, only a vanishingly small number do so, and many of those that used to accept crypto do so no longer. Tesla, for example. Bitcoin, at least, is much too volatile to serve as a useful medium of exchange.
Melting_Harps 5y ago
> What are you talking about? Multiple large businesses in the US accept crypto. You can pay Newegg for a new computer using crypto. You can transfer currency between countries using crypto as the intermediate method of exchange. What about crypto "doesn't really seem to work"? This is YC, I used to think it was just ignorance when it came to Bitcoin, which it still partly is since this space moves so fast; but the more time I spent in the Valley and met more of these type of typical FAANG footsoldier who fancy thesmeslves the next Musk while they toil away in helping create the surveillance economy it's more pernicious these people were highly rewarded for their subservience. Why would they 'get it' when they only thing they've been successful at is only possible in the fiat system? Seriously, I gave up years ago trying to engage in good faith with them, now I just have utter indifference for them, either way we already won: they just haven't realized it yet and will throw out the typical misinformed rebuttals why it doesn't work: energy use, criminal use, hard to use (this one is kind of true but only because of OPSEC).
deleted 5y ago
[deleted]