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limitless__ t1_j3rill2 wrote

What cracks me up about all of this is crypto is a currency. It's even in the name! Like a dollar or a pound. If people treated it like one, we wouldn't be in this mess. Idiots buying it like it's some kind of investment opportunity are just riding the Tulip Mania of the 21st century.

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pomaj46808 t1_j3rls8u wrote

It sucks as a currency for most use cases. It's not private, it's not secure, and it's not accepted in most places.

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yoyoman2 t1_j3rn2fm wrote

Unless you're using Monero to buy anime merchandise online, that's when you become free

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snowtol t1_j3rpfnx wrote

That's always been what annoyed me the most about cryptobros. Hardly any of them were actually touting it's practical usage. To an extent I can respect wanting to be part of the creation of a new currency, but if you're actively hoarding said currency in hope for future increase in worth, you're actually actively helping in creating a bubble for it.

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hicow t1_j3uk2ra wrote

> Hardly any of them were actually touting it's practical usage

I saw plenty of them trying with whatever the hot altcoin of the day was. Long, convoluted explanations that mostly boiled down to "like an ACH transfer with seven extra steps"

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Synensys t1_j3sfohn wrote

If people treated it like a currency you basically would never have heard of it, because the use case is basically crime.

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urkish t1_j3rzrfv wrote

> What cracks me up about all of this is crypto is a currency. It's even in the name!

Just like how North Korea is a Democratic People's Republic. It's even in the name!

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AnalogSolutions t1_j3rr7qg wrote

True. Stablecoins like Tether and USD coin are the future. Boring, but that is the idea. This wild speculation stuff is not the future. Just some games, Capitalists are playing with. Blockchain can be used in so many ways for future transactions. Not just for Institutional Investors and criminals.

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