• Corkyskog@sh.itjust.works
      link
      fedilink
      arrow-up
      8
      ·
      1 year ago

      I was into Bitcoin before it even had value. Cryptocurrency is a cool concept and not a scam by default, but it was never meant to be some mainstream thing that was going to replace the dollar as you hear parroted annoyingly everywhere.

      When non tech people started getting interested is when the scams started (also didn’t help that governments were lending money at 0% interest rates for like the last two decades)…

    • Duamerthrax@lemmy.ml
      link
      fedilink
      arrow-up
      3
      ·
      1 year ago

      Drug dealers also like getting paid in crypto, but they never hold on to it. The few that use it like a currency are ok, but the vast majority use it like a commodity.

    • Dalimey@ttrpg.network
      link
      fedilink
      arrow-up
      2
      ·
      edit-2
      1 year ago

      Back in the early days (early 2010s was when I first heard of it) when Bitcoin was worth pennies on the dollar that was exactly the kind of thing it was good for, and it was marketed as an international currency not beholden to governments. It is a shame that it got taken from that for the sake of “Bitcoin being valuable because you can profit off owning Bitcoin.”