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A comment on Coinbase S-1. Parent comment

Re:Coinbase S-1 by tablespoon on Thursday February 25, 2021 @02:59PM (#26267483)
> This isn’t a claim that I have zero downtime at home. It’s only to say that if my Bitcoin node is offline then any hope of relying on fiat banking was abandoned much earlier.

Even if I had a setup like yours, I'd give up on bitcoin before "fiat banking." You can't buy gas for your generator with bitcoin.

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Re:Coinbase S-1 by grioghar on Thursday February 25, 2021 @04:09PM (#26268376)
Yet.

I don’t mean this flippantly.

One of the cryptocurrency is going to win out for day-to-day usage; the question is which.

As Andreas likes to say: “email used to be a multi-step series of memorized commands from a green terminal in a University.

Now my Mom can do it with a touch of her finger.”

I believe we’ll get that in the near-ish future.

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Re:Coinbase S-1 by RussianCow on Thursday February 25, 2021 @04:14PM (#26268422)
> One of the cryptocurrency is going to win out for day-to-day usage; the question is which.

I don't know why you're so confident about this? It's entirely feasible that none of them are ever usable for day-to-day transactions.

Personally, I haven't seen any evidence that Bitcoin (or any other cryptocurrency) is ever going to enter the mainstream. Even if it did, I don't see any benefit to using it over USD for the vast majority of people.

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