[jobs_throwaway]

> These things don't have any utility otherwise and no reason to exist outside of those.

Lol. Permissionless payments certainly have utility. Making it harder for governments to freeeze/seize your assets has utility. Buying stuff the government disallows, often illegitimately, has value. Currency that can't be inflated has value.

Any outside of pure utility, they have tons of ideological reason to exist outside scams and fraud. Your inability to imagine or dismissal of those is telling as to your close-mindedness.

[daveguy]

But without regulation they clearly devolve into scam and fraud vehicles. Crypto just isn't worth the time or effort for regular folks. I'm not sure what's going to happen first -- abandonment or bank run, but crypto like all unregulated banking systems, are destined to fail. I guess it could end up being regulated but at this point, with such pervasive scam/fraud use, that will probably just accelerate the bank run.

Shouldn't you have already moved on to AI hype? The fact that you're still worshipping crypto is telling as to your close-mindedness.

[jobs_throwaway]

What have I said that indicates worship? I am simply pointing out that what you claimed was objectively false, and in response you moved the goalposts.

[daveguy]

Your statements of faith included:

> Currency that can't be inflated... [seriously? the fact that you didn't even recognize that as a statement of faith, well...]

> Outside of pure utility, they have tons of ideological reason to exist

I mean, maybe you're in a repressive regime and really need a way to fight the system. But I'm guessing you just have faith in crypto ideology. Either way, have a great day!

[jobs_throwaway]

Lmao

Please explain how bitcoin can be inflated

And recognizing a movement has ideological reasons while making no claim as to the strength or rationality of those reasons has nothing to do with faith

[daveguy]

> Please explain how bitcoin can be inflated

Make up a stable coin and pretend it has real money behind it while refusing to submit to an independent audit.

Any other requests, buddy?

[jobs_throwaway]

that wouldn't be bitcoin, idiot?

[JeremyNT]

> Making it harder for governments to freeeze/seize your assets has utility

Yes, doing crimes is indeed a valid use case.

[jobs_throwaway]

Ah yes, the government famously never gets it wrong or seizes the assets of innocents