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by jpambrun 1461 days ago
It is probably true that 99.9% of people with crypto use it as a speculative investment. The remaining 0.1% true crypto idealist may exist, but I have never met one. So it makes the previous statement very much mostly true.

This type of disingenuous argument is why some of us rejoice at the crypto meltdown.

2 comments

Most people in crypto I know like crypto and the cool tech it is developing, and also want to make money. What is wrong with that?
There's nothing wrong with wanting to make money. The problem is that many (most? the vast majority?) of the ways to make money with crypto are basically pyramid scheme-type scams.
Pleased to meet you jpambrun!

I am one of those 0.1% idealists.

Can you name me a single good or service priced in BTC? If it's not a unit of account it can't be a store of value.
My mate bought some beers for 87k sat the other day. A family member spent 40k sats on groceries a few months ago.

I’m actually tracking it for art

As am I!