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by jorisw 5 days ago
Pivoted where?
1 comments

Buying drugs, using prediction markets, sending Palestinians money without The Man finding out.
So it pivoted from sending money to sending money...?
Again, it isn't money if it isn't generally accepted. Crypto was forced to pivot into an exotic investment thing that works great if you already have "regular money" to convert and spend. It is not money.
No money is generally accepted. USD would come closest but it's still far from true (probably fewer than 10% of merchants globally).
I'll bite: it pivoted from replacing fiat currency to doing mildly-to-wildly illegal shit