Comment on Buying a $250 Residency Card From a Tropical Island Let Me Bypass U.S. Crypto Laws

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BakerBagel@midwest.social ⁨2⁩ ⁨days⁩ ago

I’d say you’re right for 99% of it, but there is 1% that’s genuinely useful.

I asked what that 1% of useful applications are and he gave a whole dog and pony show to avoid giving any examples. He said that there are times where cryptocurrency is better than your government’s currency (assuming you are in a stable country with a stable currency).

Bitcoin was developed by dudes upset by the 2008 financial crash who wanted to be the ones on top the next time everything imploded. Bitcoin is 100% useless at anything other than speculation.

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