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I pay my servers at vultr.com, my domains on porkbun.com and my drugs on $market with bitcoin :)
by mccorrinall 4y ago
I pay my servers at vultr.com, my domains on porkbun.com and my drugs on $market with bitcoin :)
- msbarnett 4y agoI do all of those things with actual money.
- game-of-throws 4y agoIf you buy drugs on the darknet with USD you're playing a dangerous game
- msbarnett 4y agoThis is equally true of buying drugs on the darknet using BTC.
- mccorrinall 4y agoIf you understand how bitcoin works, you shouldn’t really worry. You can easily get rid of tainted coins.
- rsstack 4y agoBut all three of them also accept USD or your local currency. So the use case remains... evading the authorities? That's not a compelling use case for the general population.
- mccorrinall 4y agoIs everyone who is using cash also evading authorities? Unfortunately most internet companies don’t accept cash, therefore I’m trying to use something which gets as close as possible to cash in regard to its privacy aspects. I just don’t want to use shitty paypal which locks money of vendors for 180 days, or mastercard who randomly allege companies of child porn without providing any evidence (see pornhub). I don’t like these companies and will try to not use them at all. Yes, I’m paying a price for it, but imo it’s worth it.
- dijonman2 4y agohypothetically, where does one find latest markets?
- alasdair_ 4y ago/r/onions
- mccorrinall 4y agohttps://dark.fail/ https://dark.fail/
- pluc 4y agothe same place undercover agents find them
- roflyear 4y agoWhy do you need BTC to do any of that?
- mccorrinall 4y agoI don’t need to do that. But it’s an accepted currency, so why shouldn’t I use it when it’s offered?
- im_down_w_otp 4y agoWell, purportedly BTC is a high-yield investment asset, so paying for things in it instead of regular money, which is purportedly a negative yield (e.g inflation) asset, makes way less financial sense. Though this does highlight one of the things that's never made sense to me about this entire ecosystem. Something that's a high-yield asset is a terrible currency because you're basically punishing your future self for spending it on mundane stuff.
- mccorrinall 4y agoWhile other treat bitcoin as an investment, I treat it as a way to send money without getting censored and without supporting PayPal and VISA/MasterCard. It’s an idealistic thing (which is probably the reason why I only pay products worth 100-200$/month in BTC. I obviously don’t pay my rent, my car etc in BTC). For me it’s just an alternative to cash, which I also use for smaller purchases — cash is „gelebte Freiheit“. Honestly, I’d also prefer to use GNU Taler instead of bitcoin, but unfortunately GNU Taler never gained any traction.
- randomhodler84 4y agoNever liked the one way privacy of it, and it’s not a coin. It also adds nothing you don’t get already in the underlying cryptocurrencies. It’s a payment protocol for arbitrary assets. You can pay in Bitcoin via Taler. I don’t think it will gain traction. The best payment protocol for Bitcoin today is Lightning Network, and is as open, and more sophisticated than GNU Taler ever was. Yes, I ack that BTC is pubkeyhash and scripthash pseudononymous are not private.
- sergiotapia 4y agoI can also flip my burgers with my flipflop. I was asking for a useful usecase.
- aardvarkr 4y agoI love this comparison, similar to the “if my grandmother had wheels she would have been a bike”
- mccorrinall 4y agoPaying bills isn’t a useful usecase?
- CaptainZapp 4y agoNot for the extremely limited subset of bills, which you can pay. Overall, no it isn't.