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>You are case in point to HN losing quality. I've done my homework on crypto, why are you insinuating otherwise/go ad hominem? >Crypto allows for decentralize

>You are case in point to HN losing quality. I've done my homework on crypto, why are you insinuating otherwise/go ad hominem? >Crypto allows for decentralized money that one can self-custody and send/receive [...] I'm very aware of that. Apparently, that's a problem we do not have, or people would actually use crypto as money. Ten years later, that's not happening, or show me the supermarket where I can pay for stuff in btc, or where I'd want to do so given gas fees. Money that can't actually replace "fiat" isn't money, it's an abstract investment. Look, I'm not playing crypto-expert here, but I definitely know enough about the field to be allowed to answer to your comment, and I find your attitude to be way out of line.

redox99 4y ago
That's quite a strawman. That crypto isn't used for buying groceries doesn't mean crypto isn't being used as money. Crypto technology isn't even good enough yet to allow for these kind of usage (small payments). The bitcoin whitepaper itself mentions that fiat is good enough for most cases. You might not have any use case for crypto. Maybe most people in your country don't have. But that doesn't mean it has no use cases, or it's not being used. If you wanted to send 500 dollars to me (I live in Argentina), the easiest (and probably cheapest) way would be via crypto (USDC, USDT, etc).