Re:Major crypto lender Celsius freezes withdrawals as market...
by dghlsakjg on Monday June 13, 2022 @02:19PM
(#31729297)
My arguments is even less generous and more applicable if you scope it only to BTC. Bitcoin as a common currency is basically a non existent use case for most people.
So let me amend my argument: It seems like as time goes on, bitcoin specifically, has seen decreased general use as anything but a speculative greater-fool investment. As far as I can tell, the only people that use bitcoin as a currency are 1. trying to prove a point, or 2. doing illegal shit. That used to be less true 5 years ago.
Why would square drive mainstream usage? Square needs people on both sides of the transaction to have already adopted in order to drive business.
So let me amend my argument: It seems like as time goes on, bitcoin specifically, has seen decreased general use as anything but a speculative greater-fool investment. As far as I can tell, the only people that use bitcoin as a currency are 1. trying to prove a point, or 2. doing illegal shit. That used to be less true 5 years ago.
Why would square drive mainstream usage? Square needs people on both sides of the transaction to have already adopted in order to drive business.