U.S. traders are buying 'digital residency' in Palau to skirt restrictions on the amount of cryptocurrency they can withdraw and the exchanges they can use. Major exchanges have already banned the ID, fearing abuse.
I’d say you’re right for 99% of it, but there is 1% that’s genuinely useful.
I asked what that 1% of useful applications are and he gave a whole dog and pony show to avoid giving any examples. He said that there are times where cryptocurrency is better than your government’s currency (assuming you are in a stable country with a stable currency).
Bitcoin was developed by dudes upset by the 2008 financial crash who wanted to be the ones on top the next time everything imploded. Bitcoin is 100% useless at anything other than speculation.
I just know where to buy the drugs i want here in town, and then i offer cold hard cash that can’t be traced back to me, even if the dealer rats me out. Much safer and more secure than buying them online.
Yobs like this always come out the woodwork when Bitcoin hits an all time high, talking about how cryptocurrency isn’t all bad, but once you push them it’s the same tired old talking points. They don’t want to help you financially. They just want you to hold their bag while they cash out.
Edit: if you are familiar with the Alt-Right Playbook series by Innuendo Studios, Crypto Bros use the exact same strategies he points out. That’s why it shouldn’t surprise anyone that crypto firms were the largest donors to Republican campaigns this election season. Just something to think about as people keep espousing how crypto is gonna change the world…
No, they responded to your argument that crypto uses tons of electricity, and responded that the one they use, Monero, doesn’t do that. Then later responded and said they pay bills with it.
What more do you want?
There are a number of services that take crypto, such as:
I asked what that 1% of useful applications are and he gave a whole dog and pony show to avoid giving any examples. He said that there are times where cryptocurrency is better than your government’s currency (assuming you are in a stable country with a stable currency).
Bitcoin was developed by dudes upset by the 2008 financial crash who wanted to be the ones on top the next time everything imploded. Bitcoin is 100% useless at anything other than speculation.
And buying drugs online.
I just know where to buy the drugs i want here in town, and then i offer cold hard cash that can’t be traced back to me, even if the dealer rats me out. Much safer and more secure than buying them online.
Yobs like this always come out the woodwork when Bitcoin hits an all time high, talking about how cryptocurrency isn’t all bad, but once you push them it’s the same tired old talking points. They don’t want to help you financially. They just want you to hold their bag while they cash out.
Edit: if you are familiar with the Alt-Right Playbook series by Innuendo Studios, Crypto Bros use the exact same strategies he points out. That’s why it shouldn’t surprise anyone that crypto firms were the largest donors to Republican campaigns this election season. Just something to think about as people keep espousing how crypto is gonna change the world…
No, they responded to your argument that crypto uses tons of electricity, and responded that the one they use, Monero, doesn’t do that. Then later responded and said they pay bills with it.
What more do you want?
There are a number of services that take crypto, such as:
Btw, all of those take Monero. If you look, you’ll find more.