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by TomSwirly
1433 days ago
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Cars are a useful form of transportation. Hundreds of millions of people use one every day. Crypto has been around almost as long as the smartphone and so far the only applications which have emerged are crime and wild speculation. After fourteen years, any rational person should be pretty skeptical that any application that isn't "evading regulations" or speculation will ever appear. |
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Every. Fucking. Thread.
I was using Bitcoin in 2012 as a means to transfer money between US and Brazil, using perfectly legal exchanges, and that was costing me less than any bank or remittance service would charge me. Was that "crime" or "wild speculation"?
When someone in Argentina can receive payments in USD-equivalent crypto without having to deal with the bullshit manipulated exchange rate from the government, is that "crime" or "wild speculation"?
When someone wants to use crypto to accept payments because PayPal cut them off without reasonable explanation, is that "crime" or "wild speculation"?
There is always someone who is going to throw this "there is no use case" line, and you can be sure that is someone who has no clue what they are talking about.
Use cases already exist. It's not just because your privileged bubble never saw it that it doesn't mean they are not valid. And what I am saying is just the tip of the iceberg. As the UX around scaling solutions improve and transaction fees come down, more use cases will be possible (micropayments, streaming subscriptions, NFTs as authz/authn for services), and I can bet that you will still be talking like "no use cases exist".
There are plenty of things to criticize, but this shit you are doing is tiring, man. Can you please at least find something where you have a chance of being right?