Re:Binance Acquires FTX
by xmonkee on Tuesday November 08, 2022 @04:15PM
(#33524400)
What have you been "using" Bitcoin for, may I ask?
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Re:Binance Acquires FTX
by joyfylbanana on Tuesday November 08, 2022 @04:42PM
(#33524693)
- Long term "Savings account" - a volatile one, of course
- I buy stuff from online with it, household items (In country I live you can basically buy anything with BTC)
- Travel, I book hotels/flight with it and once I rented a boat for a family trip
In addition to that I now and then try to pay with Bitcoins at other stores. Last time got excited about boltcards (https://github.com/boltcard/boltcard) there are few places in my country which accept it, but it is quite a new thing.
What country is that, if you don't mind sharing? It's the first time I hear this
I suspect one whose own banking system is on par with BTC risk-wise. (Apologies to gp if that was clueless, it just comes to mind first.)
Re:Binance Acquires FTX
by joemazerino on Tuesday November 08, 2022 @04:26PM
(#33524535)
You may not ;)
Re:Binance Acquires FTX
by commonlife on Tuesday November 08, 2022 @06:43PM
(#33525793)
Buying MDMA safely. This isn't a joke. Drug prohibition causes harm, crypto provides a much safer way to obtain psychedelics. If all your purchases are safe for the state to be aware of, good for you.
It seems insane to me people would buy/sell drugs in a prohibition nation on a public ledger.
For whatever it's worth, the federal authorities have very little budget/mandate to prosecute darknet drug distribution offenses. They go after the darknet markets themselves, money laundering / sanctions avoidance and maybe firearms.
Meanwhile the local authorities don't know what most of those words mean.
Re:Binance Acquires FTX
by commonlife on Tuesday November 08, 2022 @10:14PM
(#33527155)
Monero