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A comment on ‘It's all bullshit’: Democrats unload on the crypto industry while hearings loom. Parent comment

Re:‘It's all bullshit’: Democrats unload on the crypto indus... by salawat on Thursday December 01, 2022 @11:42AM (#33818765)
If you are measuring the value of your BTC in USD, you already kinda lost there.

Furthermore, you just handily stated cryptocurrency's true purpose, which is avoiding the modern world's curbs on the more destructive habits of unregulated finance.

You are not painting yourself into a good corner with a lot of more normal people here.

[ Parent | on HN ]
Re:‘It's all bullshit’: Democrats unload on the crypto indus... by jjk166 on Thursday December 01, 2022 @12:30PM (#33819486)
I'm not measuring the value of BTC in USD, I clearly stated 1 bitcoin for 1 bitcoin worth of stuff. That stuff will invariably also have a USD value, and similarly a EUR value, and a Yen value, because that's how currencies work. And just as you can say a EUR is worth 1.05 USD, you can say a BTC is worth 15k USD.

Yes, I stated bitcoin's purpose, but I said nothing about avoiding financial regulations. What I was referring to was ledger keeping.

I am quite happy with the corner I'm in. May I ask why you are opposed to and seek to vilify something you don't use or are in any other way affected by?

[ Parent | on HN ]