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It's definitely no panacea. I've been using it regularly (monthly or more) since 2014 or so to pay for online services like VPS and to buy computer hardware. It
by superkuh 4y ago
It's definitely no panacea. I've been using it regularly (monthly or more) since 2014 or so to pay for online services like VPS and to buy computer hardware. It works well. And it works even better than fiat in situations where authoritarian governments force payment processors to embargo journalists critical of them, and other such situations.
I'm not going to replace paying in cash for groceries with bitcoin. But it definitely has it's place as a currency. It's pretty annoying that the only things people ever hear cryptocurrency have almost nothing to do with cryptocurrency at all.