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Bitcoin was always this fun nerdy hobby money, right up until the speculators came in and exploited it. Now it's "investing" in the confidence of the future of
by three_seagrass 4y ago
Bitcoin was always this fun nerdy hobby money, right up until the speculators came in and exploited it.
Now it's "investing" in the confidence of the future of a computing network that can only handle 7 transactions a second, but that still hasn't stopped it becoming the essential oils for tech bros either.
- piyh 4y agoYou're under selling the revolution that was buying LSD on the internet
- three_seagrass 4y agoYeah, I almost mentioned Silk Road, but BTC has since been used to back trace and arrest online drug dealers so I feel like it was never really that good at it to begin with.
- w1nst0nsm1th 4y agoI suspect BTC has always been an US government honey pot... Google dorian satoshi nakamoto newsweeks. The guy is probably behind btc. He worked previously as army contractor and in the finance sector... Just like TOR network was the work of 2 previously army contractors (I remember that quite well, even if wikipedia doesn't seem to remember as well). Beside, Belgian and other CB (not even ECB) never had a thing to say about crypto with public blockchain of any sort. But monero, which has a private blockchain, has been prohibited in nearly all EU juridiction soon after its launch.