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Re:Cryptocurrency Is an Abject Disaster by eric_cc on Monday April 26, 2021 @12:16PM (#26944282)
> USD is paper and bits we believe has value.

Speak for yourself.

> BTC is bits that most people believe doesn't have value.

This is changing rapidly, is it not?

Re:Cryptocurrency Is an Abject Disaster by knorker on Monday April 26, 2021 @01:23PM (#26945217)
>> USD is paper and bits we believe has value.

> Speak for yourself.

Raaa-haaaight. Next time you don't believe USD has value you'll skip picking up that $100 bill on the street. When you get robbed you'll laugh and give the robber your worthless USD and say "good luck using this for anything!".

>> BTC is bits that most people believe doesn't have value.

> This is changing rapidly, is it not?

I wouldn't say so, no.

Re:Cryptocurrency Is an Abject Disaster by mvolfik on Tuesday April 27, 2021 @09:40AM (#26955669)
I'm not a crypto supporter, but I'd say that he is right there. If _you_ found private key to a wallet with 1 BTC somewhere, would you leave it be? Even if you can't buy a coffee with it, the exchangability for USD is real.
Re:Cryptocurrency Is an Abject Disaster by knorker on Tuesday April 27, 2021 @10:30AM (#26956357)
Ok, fair. But I prefer a value backed by the whole world and the biggest military in the world.
Re:Cryptocurrency Is an Abject Disaster by cies on Wednesday April 28, 2021 @04:56AM (#26967221)
So kicking puppies hypothetically in case of crypto is replaced by actual military deployment to every nation thats a thread to the petro-dollar.

And then you are fine with it.

Good luck with the ignorance.

Re:Cryptocurrency Is an Abject Disaster by knorker on Wednesday April 28, 2021 @08:15AM (#26968455)
whoosh!