Re:Coinbase is launching support for the USDC stablecoin
by lawn on Tuesday October 23, 2018 @03:08PM
(#18286422)
> Why the hell would I buy Bitcoin to buy stuff on Amazon through a proxy site
Because they give discounts up to 15%.
I'm sorry it doesn't fit your narrative but there are reasons to prefer cryptocurrencies.
Re:Coinbase is launching support for the USDC stablecoin
by briatx on Tuesday October 23, 2018 @04:26PM
(#18287141)
Like a lot of the crypto currency space purse.io is shady and likely promoting thinly veiled money laundering.
Ask yourself if the discount is worth the risk of experiences like this:
https://www.reddit.com/r/Bitcoin/comments/4zczow/my_experien...
Re:Coinbase is launching support for the USDC stablecoin
by hudon on Tuesday October 23, 2018 @03:13PM
(#18286472)
15% sounds about right to offset the fraud risk, volatility risk, exchange fees, network fees, network congestion, transfer delays, fork risk, catastrophic bugs, and theft risk :)
We all have narratives, buddy. Mine just doesn't hinge on gambling and crypto-anarchic utopia.
Re:Coinbase is launching support for the USDC stablecoin
by pjc50 on Tuesday October 23, 2018 @03:50PM
(#18286800)
Why are they giving such a big discount? The transaction fees are nowhere near that high. Could it be that they're reselling fraudulent giftcards?
Re:Coinbase is launching support for the USDC stablecoin
by antidesitter on Tuesday October 23, 2018 @07:52PM
(#18288518)
> Like I side, speculation is the only thing you buy BTC for
You've ignored the rest of the list in the comment you’re replying to.
Like I side, speculation is the only thing you buy BTC for (moon!!!111), and the exchanges will prevent you from doing this if you are related to blacklisted accounts.