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by koonsolo 1529 days ago
If it has a $2T market cap and people are actually using it for that usecase, what the fuck are you arguing then?

But like I said before, these kinds of discussions are totally useless.

You don't get the usecase, fine, no problem, move on already, there is no point of discussing this any longer.

2 comments

> If it has a $2T market cap and people are actually using it for that usecase, what the fuck are you arguing then?

Market cap doesn't mean squat here. The one use case that cryptocurrency has satisfied is being a speculative investment.

If some true-believer dude claims he's actually carting around brick-bux in a wheelbarrow and that it's great for buying things (and maybe occasionally actually making a transaction), that doesn't actually mean it's a good choice for that use case. It just means that guy isn't making very good decisions (or is dishonest).

> But like I said before, these kinds of discussions are totally useless.

No. There's quite a lot of utility in disputing BS, because that has a chance of eventually making it go away.

> You don't get the usecase, fine, no problem, move on already, there is no point of discussing this any longer.

I do understand the use case, I just think the application of cryptocurrency to it is BS. If you think there's no point discussing it, you're welcome to stop.

> You don't get the usecase

Another possibility is that they get the use-case and consider it worthless. As we have seen repeatedly in this space, popularity seems to have no correlation with technical viability, so this "$2 trillion can't be wrong" argument lacks solidity.

If some people are actually using it as a means to store value outside governments reach, then you might dislike the usecase as much as you like. People are using it that way, so it's a valid usecase. Like I said, there is not much to discuss here anyway.

Edit: if you are not willing to admit that crypto allows you to store or move value outside of governments reach, then there is 0 reason to discuss further. And it doesn't even matter at that point who is wrong or not.