5 ms·
Having no actual use?
by masklinn 1y ago
Having no actual use?
- jeroenhd 1y agoBitcoin is great for prospecting, laundering money across borders, and scamming gullible people. It's also easier to hide a stash of stolen bitcoins from the authorities for after you get released from jail than it is to hide a stash of actual money. Bitcoin is certainly no alternative to actual money but it's not entirely useless. I think these Twitter DMs only does the scamming the gullible part, as you need to pay to use the feature and this is scamming people into thinking they're paying for secure messaging.
- pureagave 1y ago[flagged]
- sumeno 1y agoHave you stopped to consider that the intelligent people actually do understand it?
- johnisgood 1y agoIf they truly understood it, then they would not make bold claims such as "cryptocurrencies have no use". I am growing tired of explaining its "legitimate" uses. Go buy your beer with BTC (you can!).
- orwin 1y agoThe great gp didn't wrote it has no use. They listed the uses bitcoin was the best at (forgetting paying for porn btw).
- johnisgood 1y agoOh please, you can even get groceries with BTC at some places. It is not used exclusively for illegal bs, as the other people have implied.
- orwin 1y agoWhen you see a few satochi being actually exchanged, on chain, do you think 'he bought groceries' or do you think 'he paid his yearly Onlyfan access/his ketamine stash'? In my experience, it's the second (I'm not in the US so it might be different). Not that I assign any moral superiority to either actions, but BTC itself as a payment system and not store of value isn't usually used for groceries, can we agree on that?
- unstablediffusi 1y ago[flagged]
- johnisgood 1y ago[flagged]
- 8note 1y agoprospecting? like, finding diamonds or oil or copper or something? is the bitcoin a fundraising mechanism for juniors or something? can you explain tbe mechanism?
- neuroelectron 1y agoI think he means prospecting like pyramid scheme prospecting