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[parent] [thread] 2 comments
1. kubito+(OP)[view] [source] 2023-11-08 21:10:21
True but in comparison to every other value crypto is the only one which doesn't have any alternative use.

Gold, shares etc.

I believe the criticism is correct as the current driver of crypto is either a 'i put that much money in I'm not selling until it increases again' or gambled los.

After all the miners want to get paid.

But hey binance and others struggle let's see if there is a collapse soon

replies(1): >>jejeyy+z7
2. jejeyy+z7[view] [source] 2023-11-08 21:45:14
>>kubito+(OP)
IMO the value is in the globally distributed, battle-tested secure/resilient payment network.
replies(1): >>kubito+MJ1
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3. kubito+MJ1[view] [source] [discussion] 2023-11-09 11:37:45
>>jejeyy+z7
It's not.

The trust issue is real, china's great firewall is real and the crack down of sec is also real.

And without anyone exchanging your bitcoins no one cares.

And I'm comparison to our fiat a ton of critical features are missing like money laundering.

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