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by rubyn00bie
1885 days ago
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> From my reading it looks like the "developing world" use case is pure propaganda. From my perspective, it is not propaganda but it is my opinion. I didn’t come to the conclusion through any scientific rigor, but rather through observation. I have seen a spike in crypto discussion over the past year or two by, my obviously small sample, of thought leaders and entrepreneurs in primarily in Africa. The talk isn’t ever of get rich quick schemes, but instead focuses on generating long-term family wealth. It’s pretty inspiring to be honest. Investing in general moves your focus (or should) away from the now and to the future. For a lot of folks, myself included, a “future” never seemed possible. Maybe it’s silly but I started taking better care of myself once I started investing recently. I’m lucky, I live in the USA, I make decent money and have easy access via apps like Robinhood. What if I only had access to brokers who aren’t regulated or require deposits well exceeding anything I’ve ever saved? Truly, it pains me to say, but crypto markets are maturing and while they may not be stable compared to traditional 1st word financial markets they’re a lot better than many other alternatives. Lastly please don’t see this as a recommendation to buy crypto. I wouldn’t unless you just wanna show off your diamond hands. Fwiw, I have to date ever owned exactly zero Bitcoin and only have a few lite coins mined years back (all of which have still not paid back the costs, but are close... Amazon or Tesla would’ve returned better in my case). I might not find it useful myself but it’s pretty hard to deny a lot of other people do find it useful. |
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Someone basically tricked her into buying lottery tickets. (who knows, maybe it'll work out just fine)
That's not even close to "using bitcoin". To a rounding error nobody is actually using bitcoin (even less the other cryptocurrencies, since it's even more rare to be able to), except to commit crimes.