| Yet another useless Bitcoin puff piece from some random tech bro that doesn't understand economics. "Bitcoin is awesome!" article concluded by, "my friends in Argentina save in stablecoins". Wait, why don't they use Bitcoin if it's so great? >Lucky for them, bitcoin will always be there, waiting with open arms… immutable, unwavering, eternal, unbiased, welcoming, and untamed. It will be hilarious when they see what happens to transaction fees and/or network hash distribution as mining rewards dry up. Or maybe they ignore that because the vast majority of Bitcoin changes hands off-chain through exchanges. Which makes: >To really get crypto, you have to have been fucked by some third party with power over your money. Be it a government, a bank, a business, or an ex-employer, it will come. Quite ironic because most activity in crypto is being facilitated through 3rd parties, and even if one uses an offline wallet the vast majority are using exchanges to cash in/out as needed. I'd wager a bet that more people have been screwed over by some crypto entity than their government or banks. But yeah, Bitcoin/crypto is great as long as the wash trading, price-pumping sham can continue and "number goes up." Good thing all the cryptobros price things in their local currencies and not BTC! Hmm something about inflation again... |