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by lern_too_spel 11 days ago
Can your imaginary dog be stolen by Russia and North Korea to circumvent sanctions? Are people buying "ownership" of your imaginary dog in a speculative frenzy that will cause the last bagholder to take a bath when there are no more greater fools?

It's true that your imaginary dog, like Bitcoin, has no good legal use; but your imaginary dog is harmless. Bitcoin is not.

1 comments

Don't forget the flagrant use by politicians to grift their supporters and/or receive money that would otherwise be illegal to do so from foreign actors through it.

Truly amazing that the tech elite have replicated everything wrong with the existing financial system while not managing to get any of the actual good, useful parts.

Because foreign actors never "donate" hundreds of thousands of dollars to "charity" organizations run by US politicians or their families?

Bitcoin didn't change anything, other than permanently instript those transactions into a public ledger for everyone to see.