• Alphane Moon@lemmy.world
    link
    fedilink
    English
    arrow-up
    7
    arrow-down
    7
    ·
    4 months ago

    Bitcoin and blockchain have only two use cases:

    1. Financial speculation
    2. Fraud and criminal activities
    • azalty@jlai.lu
      link
      fedilink
      English
      arrow-up
      2
      arrow-down
      1
      ·
      edit-2
      4 months ago

      Or maybe just privacy and anonymity, low fees, not being controlled by external entities? You know, the thing it was built for.

      • Alphane Moon@lemmy.world
        link
        fedilink
        English
        arrow-up
        5
        arrow-down
        1
        ·
        4 months ago

        Privacy and anonymity with Bitcoin? Are you serious?

        Not being controlled by external entities? Bitcoin is controlled by a bunch of whales and various insiders such as Tether, the client development goons and random scammers.

        All of them are looking to get some money off the marks. Nothing more, nothing less.

        • azalty@jlai.lu
          link
          fedilink
          English
          arrow-up
          1
          ·
          4 months ago

          I was talking about crypto and blockchain in general

          You can achieve relative anonymity by getting BTC by swapping with a better crypto like Monero

          At least your money is safe, it’s what I mean by control. They can’t take it from you.

          • Alphane Moon@lemmy.world
            link
            fedilink
            English
            arrow-up
            5
            arrow-down
            1
            ·
            4 months ago

            I disagree.

            The specific methods, be it crypto or some offshore fake company scheme, don’t matter.

            If you are a nobody and you give the government reasons to prosecute you, they will crack your scheme no matter how convoluted your crypto setup. This is basic common sense.

            The whole “crypto = freedom” is a ruse promoted by various scammers and criminals to attract marks.

            The scammers figured out that some low effort copytext about “freedom” is an easy way to attracts marks in context of a crypto scam, especially north american ones who like to believe they understand the meaning of freedom. When in reality their knowledge of such matters is extremely lacking; and I am being very diplomatic in this.

    • cheddar
      link
      fedilink
      English
      arrow-up
      2
      arrow-down
      2
      ·
      4 months ago

      You obviously don’t know what you are talking about. Why are you talking then? This is silly.

      • Alphane Moon@lemmy.world
        link
        fedilink
        English
        arrow-up
        4
        arrow-down
        3
        ·
        4 months ago

        Right, everyone who disagrees with me as a fool and knows nothing.

        You might disagree with what I am saying, but you can’t deny this is a reasonable take and not mere shitposting or engaging in “hate crimes against the blockchain!”.

        • cheddar
          link
          fedilink
          English
          arrow-up
          2
          arrow-down
          2
          ·
          4 months ago

          This is not about blockchain, silly. You simply don’t know how people use it. It can be very, very valuable tool, especially among people who have to use privacy-oriented services like Proton. The fact that you confidently ignore such use cases tells more than enough about the depth of your knowledge: it is based on hateful social media comments and nothing else.

          • Alphane Moon@lemmy.world
            link
            fedilink
            English
            arrow-up
            4
            arrow-down
            1
            ·
            4 months ago

            “Silly”

            Very mature comeback. An excellent reflect of the validity of crypto use cases. Couldn’t have done better myself.

            If you knew anything about business and industries, you would know full well that cryto/blockchain has been a massive failure in practically every use case other than two I outlined above.

            If you did care about “privacy” w.r.t. crypto, you wouldn’t be using bitcoin.