4 ms·

> The problem with that is, only illegal transactions happen between parties that don't trust each other. This is patently untrue. When I buy something with cr

• mrtksn 4y ago
  What did you bought?
  • rt4mn 4y ago
    Food, Electronics, web hosting, gifts, etc. you know. stuff. I'm normally a cash in person guy but sometimes I'm feeling lazy and just want to order a big box of candy and be pleasantly surprised and mildly guilty when it arrives.
    • mrtksn 4y ago
      What was the benefit of using crypto instead of a card or direct deposit etc?
      • rt4mn 4y ago
        > because I care about my privacy and dont want a huge list of my financial transactions available to visa/mastercard/paypal/the government, and I don't want to schlep to the gas station to buy a prepaid debit card with cash, which is the only other way to maintain a semblance of financial privacy if you want to buy things online.
        • mrtksn 4y ago
          Looks like ideological to me, not a choice for practical reasons.
          • rt4mn 4y ago
            If it where purely ideological I would not be buying things online at all. I like buying stuff online because its convenient, and Cryptocurrency is the most practical way to buy stuff online while still protecting my privacy to some extent. But cryptocurrency does not protect my privacy completely, if I was a purist I would not buy things online at all. Privacy is a lot like other civil liberties, it feels ideological and airy-fairy until you need it and don't have it. Take for example web hosting. I could have paid for the website that we used to lambast the Minneapolis police department and argue that they should not have access to the toys they want using a credit card, but then the Minneapolis police could send a sternly worded letter to the webhost and learn where I live. Which is a reasonable consern if you know anything at all about the Minneapois police department. So I pay for webshosting with cryptocurrency. That's a real clear cut example of why financial privacy matters, but that same concern extends to pretty much every thing you do online. Cardinal Richelieu has the right of it when he said "If you give me six lines written by the hand of the most honest of men, I will find something in them which will hang him", and recall that The US government kills people based on metadata. Its easy to dismiss me buying a box of candy as not important enough to worry about, but its the entire history of every financial transaction you make that paints a very accurate and very useful picture of who you are what you get up to that is of great interest to people who can do you real harm.
• chrisbaker98 4y ago
  I remember a few websites having "buy with Bitcoin" buttons circa 2015 but they all seem to have disappeared by now. What can you still you buy with cryptocurrency, except drugs or tickets to crypto conferences?
  • colinsane 4y ago
    from the privacy angle GP highlights, there are loads of VPS, VPN, and storage (e.g. backups) providers that accept a basket of cryptocurrencies. for physical products… it looks like Newegg still supports Bitcoin. overwhelmingly, the more tech-adjacent the product, the easier it is to find vendors that accept cryptocurrency.
  • andirk 4y ago
    I use it for my degenerate sports gambling. I also give it as gifts for first borns. If you invest in gold, you won't be able to even gamble with it. In fact, you won't even have any gold at all. You'll have a certificate from someone claiming that someone else has your gold stashed somewhere.
    • notch656a 4y ago
      If you want paper gold instead of real gold you should probably be holding gold mining company ownership instead.
    • manigandham 4y ago
      You can buy real gold bars.