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by Quindecillion 959 days ago
> Each coin has its own ins and outs, there isn't one that is the best. They have their own time and place.

This is just wishy washy rubbish trying to appear "diplomatic" and "balanced". Oh sure, you can mint some monkey jpegs or construct a needlessly complex and public smart contract for some esoteric "use case", but the truth is the majority of people in the world don't want or need those things.

People just want a money that works. You can send or receive it instantly across international borders, that no one can stop, and it doesn't lose it's value over the years.

Bitcoin is the only game in town, the "crypto bros" just don't realise it yet because they can make obscene amounts of money from pump and dump schemes with flashy marketing about "use cases" and "yield".

Wake up or get burned, again and again.
3 comments
vikingerik 959 days ago
> that no one can stop

People don't want that. They do want their financial transactions to be stopped and reversed in the event of theft, fraud, merchant error, defective goods, unprovided services, etc. That's why Bitcoin and the other cryptos haven't caught on universally, there's no recourse when something goes wrong. (Really, Bitcoin just defines any redress as out of scope.)

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politician 959 days ago
> People just want a money that works. You can send or receive it instantly across international borders, that no one can stop, and it doesn't lose its value over the years.

Pure fantasy.

On cross-border trade that cannot be interdicted: There is no reason for any state to deny itself from sanctioning its adversaries.

On currency valuation: An economic zone has many many actors making independent decisions which in aggregate affects the value of the zone’s currency. The ability to debase a currency by over issuing it is identical to the ability to expand the supply to provide liquidity to a growing economy.

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kylebenzle 959 days ago
Agree, but BTC stopped being "Bitcoin" as defined as "peer tomorrow digital cash" long ago.

Now BCH is closer to Bitcoin and still works great. BTC is just a ponzi scheme for morons at this point

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