“We already store data. In a database. It works well”

Re:“We already store data. In a database. It works well” by epicgiga on Tuesday February 11, 2020 @10:28AM (#22299186)

Has anybody here ever actually met a human being who has used cryptocurrency in a way other than: (a) speculating (including trying to hype and pump "blockchain technology" on every discussion corner of the internet), or (b) buying drugs on the internet?

I'd be genuinely fascinated to hear your story.

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Re:“We already store data. In a database. It works well” by lalaland1125 on Tuesday February 11, 2020 @11:12AM (#22299553)

Cryptocurrency has basically single-handedly created and enabled the ransomware industry which has touched the lives of millions of people. Almost every single week someone is using cryptocurrency to pay off a ransom and reclaim their data. This industry wouldn't be possible without cryptocurrency.

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Re:“We already store data. In a database. It works well” by De009772D on Wednesday February 12, 2020 @06:43AM (#22308014)

Not met, am.

Non-Chinese person living in China. I have helped three PRC citizens buy BTC to pay for VPN service.

Arguably, this is the same category as (b) if you substitute "drugs" with the more generic "prohibited goods and/or services."

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Re:“We already store data. In a database. It works well” by yardie on Tuesday February 11, 2020 @02:40PM (#22301902)

I used it once to buy a pizza. It felt like the future and this was the time when BTC was a little less than a dollar and hadn't moved much. And the ledger was 4-5GB. It was fascinating tech and there was some smoke there. What I didn't anticipate was the dark web stuff and speculators vastly exceeding the ledgers capabilities.

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Re:“We already store data. In a database. It works well” by HideousKojima on Tuesday February 11, 2020 @10:47AM (#22299358)

Hey now, you can buy guns with them too

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