4 ms·
I have been saving in bitcoin since I understood it, and people who tell me bitcoin has no use simply make no sense to me. My purchasing power goes up in the lo
by toenail 1y ago
I have been saving in bitcoin since I understood it, and people who tell me bitcoin has no use simply make no sense to me. My purchasing power goes up in the long term, and much more than theirs even if they "invest" with traditional banking.
- Der_Einzige 1y agoIt’s because we were promised cheap, fast, and decentralized and got the opposite. It’s expensive as hell to use crypto to move money. It’s very slow, and I’m forced to use centralized coin exchanges which destroy the original decentralized nature of the currencies. Why should we be excited about a product that is the opposite of what it sets out to do?
- toenail 1y agoYou want what was promised, but you use it in the way that's prescribed by the state, that's your failure. Besides, why do people keep pretending like lightning doesn't exist..
- andirk 1y agoYou can use Lightning. I agree its main promise is still in the works, but the digital gold thing is also a feature.
- BoppreH 1y agoAh, my apologies. You're right, financial speculation is also a prime use case for cryptocurrencies. Personally I'm also against it, but you're correct that it's a legal use case.