5 ms·
Also it could become useful.
by magma1983 5y ago
Also it could become useful.
- esarbe 5y agoCould it? How? I'm honestly curious because I don't see how Bitcoin could be useful.
- Mhaea 5y agoas a currency , again
- authed 5y agoIt is being used to transfer money in other countries to avoid the fiat shit show.
- bottled_poe 5y ago“the fiat shit show” - aka taxes and other laws.
- authed 5y agoI was talking about artificial delays, high fees and things like that... You can have very low fees and near instant transfers with some Cryptos.
- killertcell 5y ago>avoid the fiat shit show it has its shitshow of its own - see $actual_crypto_exchange_busted
- bwb 5y agoI will admit this is useful, although the fluctuations is a PITA and if you can do GUSD it is better. I've done this to pay contractors in Brazil and other places with high banking fees.
- sebastianconcpt 5y agoWealth protection against all the statists fiat currency schemes.
- igorkraw 5y agoHow do you deal with the notion of private property as a non-statist?
- sebastianconcpt 5y agoA minimalistic state with no central bank. The big issue is that fiat currencies are a design flaw that will make states only grow.
- igorkraw 5y agoSo basically, you don't. You need to pay the forces enforcing your property rights somehow, and with taxation comes comes either a large overhead as the state needs to basically become a Forex trading house to ensure it can pay in whatever wildcat currency is worth the most or to standardise to the numeraire used to pay the people with guns enforcing private property
- deleted 5y ago[deleted]