[dogman144]

You’re going to have to cite that claim if you want it taken seriously. At this point it’s an old criticism with frequently used and valid counterpoints.

Given paying with crypto is as easy as a QR scan these days once someone is onboarded, the other claim that you use, convenience, is about to go out the window: see venmo, PayPal, CB integrations. You might not be following the industry much though?

The problem with your approach here is I hear that, and then I think of HSBC opening a branch for the Sinaloa Cartel, laundering absurds amount of money for them, and no one ever going to jail.

If the reason not to use crypto is not to support crime, have you or your friends used HSBC, and did you advocate for them to stop? There are several other banks on this roster as well. Two wrongs != right, but I’m not the one saying stop using fungible USD that has for certain touched crime.

[crumbshot]

> Given paying with crypto is as easy as a QR scan these days once someone is onboarded, the other claim that you use, convenience, is about to go out the window: see venmo, PayPal, CB integrations.

But why would you want to? In most cases, there's simply no benefit to using cryptocurrencies instead of real money.

Even if we could pay for our groceries, clothing, water, electricity, rent/mortgage, taxes, etc. with cryptocurrencies (which, for the most part, we can't) rather than real money, there's no compelling reason to do so.

[dogman144]

That’s another pretty common criticism, and it’s a fish don’t know water is wet situation for USA/lot of western counties.

Adoption reasons (and evidence) are fairly well known and proven in other parts of the globe that don’t have currency safety.

Fwiw Andreas Antonopolous’s content from early 2010s is good for working through this territory.

[spoonjim]

In fucked up countries even Bitcoin with its wild volatility is more secure than government currency. Cf Venezuela.