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Yeah I just...don't agree with any of this post. Cryptocurrency has done more harm than good by a really wide amount. Even ignoring the environmental cost, it's
by alex_lav 3y ago
Yeah I just...don't agree with any of this post. Cryptocurrency has done more harm than good by a really wide amount. Even ignoring the environmental cost, it's pitched as "a global financial safeguard, protecting vulnerable individuals from issues like rampant inflation, exorbitant remittance fees, and oppressive governments." but it really really seems just like made up funnymoney to aid in obviously illegal money laundering schemes and/or obvious scams.
If you like to play with tech for tech's sake, have at it. But the whole thing just screams fraud.
https://imgur.com/a/GrdMgVH https://imgur.com/a/GrdMgVH
Definitely protected from evil boogeymen, right? Definitely not just another baseball card. Curious if you'd be willing to share what percentage of your net worth is tied up specifically in BTC?
- infamouscow 3y agoNot everyone lives the life you live. Consider Bitcoin use among Russian dissidents, Belarussian protestors, Venezuelan professors, Afghan women entrepreneurs, Nigerian feminists, and North Korean revolutionaries. At present, Bitcoin may have no utility for you, but you are not the only use case. https://www.coindesk.com/policy/2020/07/15/russian-activists-use-bitcoin-and-the-kremlin-doesnt-like-it/ https://www.coindesk.com/policy/2020/07/15/russian-activists... https://www.whatbitcoindid.com/podcast/how-bitcoin-is-helping-protesters-in-belarus https://www.whatbitcoindid.com/podcast/how-bitcoin-is-helpin... https://www.nytimes.com/2019/02/23/opinion/sunday/venezuela-bitcoin-inflation-cryptocurrencies.html https://www.nytimes.com/2019/02/23/opinion/sunday/venezuela-... https://bitcoinmagazine.com/culture/bitcoin-financial-freedom-in-afghanistan https://bitcoinmagazine.com/culture/bitcoin-financial-freedo... https://qz.com/africa/1922466/how-bitcoin-powered-nigerias-endsars-protests/ https://qz.com/africa/1922466/how-bitcoin-powered-nigerias-e... https://www.koreatimes.co.kr/www/nation/2021/05/356_265701.html?fa https://www.koreatimes.co.kr/www/nation/2021/05/356_265701.h...
- alex_lav 3y ago> Curious if you'd be willing to share what percentage of your net worth is tied up specifically in BTC?
- infamouscow 3y agoWhen the entire argument has been refuted and there's nothing left but fallacious appeals to motive, I tend to move on rather than engage in pathetic and embarrassing rhetoric. I'd be happy to share if you're be equally willing to share what percentage of your net worth is not tied up specifically in Bitcoin and explain what it has to do with any of the rebuttals provided.
- alex_lav 3y agoTells me all I need to know about both of our collective confidence in bitcoin :) Enjoy the day!