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by ramesh31 1741 days ago
This whole thing is a racket. Bitcoin's actual market value is entirely a function of its' utility in facilitating cybercrime payments. There is precisely zero actual use for it beyond that. And now that all the biggest names on Wall Street are getting a piece of the pie, we can be guaranteed it's not going anywhere.
1 comments

> There is precisely zero actual use for it beyond that

I was staying in a hotel in Nepal around 10 years ago. I was sharing a room with someone I met. I paid the hotel, and my roommate paid me in bitcoin. It was pretty convenient considering my home currency is USD, his was EUR, and the local currency was rupees.

Anyway, as far as I'm aware there wasn't any cybercrime taking place that day :)