[magma1983]

Also it could become useful.

[esarbe]

Could it? How?

I'm honestly curious because I don't see how Bitcoin could be useful.

[sebastianconcpt]

Wealth protection against all the statists fiat currency schemes.

[igorkraw]

How do you deal with the notion of private property as a non-statist?

[sebastianconcpt]

A minimalistic state with no central bank. The big issue is that fiat currencies are a design flaw that will make states only grow.

[igorkraw]

So basically, you don't. You need to pay the forces enforcing your property rights somehow, and with taxation comes comes either a large overhead as the state needs to basically become a Forex trading house to ensure it can pay in whatever wildcat currency is worth the most or to standardise to the numeraire used to pay the people with guns enforcing private property

[authed]

It is being used to transfer money in other countries to avoid the fiat shit show.

[bwb]

I will admit this is useful, although the fluctuations is a PITA and if you can do GUSD it is better. I've done this to pay contractors in Brazil and other places with high banking fees.

[killertcell]

>avoid the fiat shit show

it has its shitshow of its own - see $actual_crypto_exchange_busted

[bottled_poe]

“the fiat shit show” - aka taxes and other laws.

[authed]

I was talking about artificial delays, high fees and things like that... You can have very low fees and near instant transfers with some Cryptos.